Robert Venes
European buyout firm Bridgepoint has sold its five-year investment in Swedish car park operator Carpark for approximately €325m.
The quoted trust vehicle of Dunedin Capital Partners has reported a profit of £24m on sales of £70m for the year ended 30 April 2006.
Global private equity firm 3i has sold its 49% stake in Atea, an IT infrastructure provider, to Norway’s Ementor, which paid a total of €113m for the business.
Alan Lovell, who announced his departure from Jarvis today, is reportedly joining Guy Hands’ private equity firm to help take a waste management business to a sale or listing.
The Central and Eastern Europe-focused private equity firm has made its first investment in Croatia, acquiring the aluminate cement business arm of Germany’s HeidelbergCement Group.
Stockholm-headquartered private equity firm CapMan has corralled €440m of commitments for its eighth buyout vehicle, ahead of its original €375m target.
The Stavanger, Norway-based private equity firm has already invested approximately 20 percent of its fourth vehicle, which focuses on growth capital and buyout investments in the oil and gas sector in Europe and the US.
The London-based investor, founded by former 3i executives, has made its fourth investment from its vintage 2004 £400m debut fund.
Global private equity firm 3i has followed its recent investment in builders’ merchant MKM Building Supplies with the disposal of a 49.9% holding in Belfast-based JP Corry Group.
London-listed European mezzanine provider ICG is growing rapidly - despite being more selective on deals than ever. Robert Venes reports.