Euromoney receives £1.6bn takeover offer from private equity firms June 20, 2022 The board of Euromoney Institutional Investor PLC confirmed today that Astorg Asset Management S.àr.l and Epiris LLP (the Consortium) approached it with a possible all-cash offer of £1.6bn at £14.61 per share. This is the fifth time Euromoney has been approached by the two private equity firms, following possible all-cash offers of £11.75, £12.50, £13.10 and [...]
EY to capitalise on booming private equity market via $1bn investment over the next four years June 8, 2022 EY today set out plans to capitalise on the $5trn private equity (PE) market, with a view to bolstering its PE offerings by investing $1bn (£800m) into its business over the next four years. The Big Four accountancy firm said it aims to solidify its “leading market position” by investing the $1bn sum into expanding [...]
Private equity firm set to finalise £200m deal to take over government contracts Amey Plc June 6, 2022 The London private equity firm that currently employs ex-Tory minister Philip Hammond is seeking to a finalise a deal to takeover one of Britain’s biggest civil engineering firms, Amey Plc. Buckthorn Partners, which took on Lord Hammond as a partner in 2020, has teamed up with US private equity firm One Equity Partners to buy [...]
Private equity firm Polaris divests from SSG Group to BELFOR May 25, 2022 Private equity investor Polaris has divested its majority shareholding in the SSG Group to BELFOR. The Nordic company will put its resources in BELFOR, which has more than 11,000 employees, and works on damage assessment and reconstruction. Polaris worked with SSG to strengthen its position through acquisitions in Denmark and Sweden, with Rune Lillie Gornitzka, [...]
Exclusive: Sun European’s managing director on private equity deal-making in the City post-pandemic April 21, 2022 Time for City A.M. to catch up with investment veteran and City insider Mark Corbidge, managing director and a member of Sun European’s Investment Committee.
PE view: Value creation through digitalization in M&A April 12, 2022 | City Talk The use of AI in M&A has become critical in terms of efficiency, timing, and transparency in dealmaking. The volume of data in data rooms has exploded. Technology and automation is working overtime as dealmakers look for solutions to shorten the M&A cycle. In a recent survey, 64% of the 2,000+ dealmakers polled believe that [...]
Private equity deals made by the mega rich hits highest in a decade March 7, 2022 The value of UK private equity deals undertaken by wealthy individuals has hit the highest in a decade, doubling to £2.3bn last year. According to data from law firm Boodle Hatfield, low interest rates have made it easier for the society’s most affluent to fund private equity deals, with many looking to access asset class [...]
Private Equity in EMEA: Big and bigger? March 3, 2022 | City Talk M&A saw record-breaking levels across the globe in 2021. And PE activity in the EMEA region has been similarly spectacular. Will it last?
2021: An exceptional year for EMEA M&A March 1, 2022 | City Talk EMEA M&A markets went into overdrive in 2021, spurred by a number of factors, resulting in an exceptional year for dealmakers.
Private equity acquisitions of professional services firms up 179 per cent in 2021 February 6, 2022 Private-equity funds have increasingly begun to buy up professional services firms, as they face mounting pressure to deploy their capital quickly in the face of economic uncertainty. The number of private-equity backed acquisitions of UK professional services firms more than doubled over the previous year, from 19 in 2020 to 53 in 2021, according to [...]