Altamar Private Equity, a fund of funds manager with exclusively Spanish investors, has closed the country’s largest fund yet on $575m, underlining investor appetite.
Egyptian buyout firm Citadel Capital Company has signed a deal to bolt on Canadian-listed oil company Rally Energy to the National Petroleum Corporation.
Military wireless communications company Datapath has bought competitor Swe-dish Satellite System from Litorina Kapital, registering a four times return on its investment after seven years.
Three Delta continues to seek access to the books of UK supermarket Sainsbury’s, as difficulties in the credit markets look certain to affect the price of the £6 billion of debt needed for the offer.
Dubai International Capital is restructuring its business to create a specific private equity arm as it looks to expand the company and its buyout arm over the next two years.
US buyout firm Summit Partners has bought Danish company Welltec Holdings from the Riverside Company. Riverside achieved a 183 percent IRR and a multiple of 9 times its investment over two years.
London-based services group Savills has acquired New York real estate investment bank Granite Partners for $54m.
European buyout firm CVC Capital Partners has bought engineering company DYWIDAG-Systems International from Industri Kapital, delivering a triple digit IRR and a double digit return on its investment after two years.
The International Finance Corporation, the private sector arm of the World Bank, and emerging market buyout firm Aureos Capital have set up a fund to improve the environmental and social performance of small companies in emerging markets.
Dubai-based buyout firm Abraaj Capital has entered a strategic alliance with United Arab Emirates gas company Dana Gas, shortly after its record-breaking deal to buy the Egyptian Fertilizers Company.
Six venture firms have sold their stakes in Postini to Google, the search engine company’s third biggest acquisition in its history.
The San Francisco-based private equity firm has closed its seventh, energy-focused fund with $1.35 billion in commitments – nearly double the size of its previous fund.
The alternative assets manager is capitalising on the booming wealth of the Gulf region with a spate of new buyout, mezzanine and growth capital funds and an almost 50 percent increase in client assets.
Bruno Deschamps is leaving US buyout firm Clayton, Dubilier & Rice to lead 3i’s French team, underlining the FTSE100 company’s international ambition.
The French insurer’s private equity estate ranges from large secondary funds to small venture investments, its latest €353m fund will target small cap transactions.