Posted on: July 5, 2011 by PEHub Administrator
Private equity firm Advent International is in exclusive talks to acquire HgCapital’s Mondo Minerals B.V., the company revealed. Specifics on the transaction were not publicized. Guillaume Darbon, a managing director with Advent, and Michael Ogrinz, are working on the deal. Advent was advised by HSBC (M&A), Allen & Overy (Legal), KPMG (Financial and Tax Diligence), BCG (Market Diligence), ERM (Environment) Creative Value / Olivier Quenardel (Industry Advisors). Senior acquisition debt is being arranged by BNP Paribas (acting through Fortis Bank SA.NV), IKB Deutsche Industriebank AG and RBC Capital Markets, and mezzanine acquisition debt by Ares Capital Europe Limited.
Tags: Advent International, HgCapital
Posted on: March 28, 2011 by cnolan
Mid-market private equity shop HgCapital is planning to sell talc mining and processing company Mondo Minerals, Reuters reported. The firm has hired Lazard to help sell the business, which it values between 300 million and 400 million euros ($425 million-$565 million). HgCapital acquired Amsterdam-based Mondo in 2007. No terms of the original sale were disclosed.
Tags: HgCapital, Lazard
Posted on: March 25, 2011 by cnolan
Four buyout shops remain in the running for SLV Group, a German lighting business owned by HgCapital, Reuters said. A sale of the company could fetch more than 400 million euros ($562 million), Reuters estimated. European investment firms BC Partners, Charterhouse and Cinven are all in the second round of the auction. U.S. firm Lindsay Goldberg also remains in the running.
Tags: BC Partners, Charterhouse, Cinven, HgCapital, Lindsay Goldberg
Posted on: March 24, 2011 by reuters-news
LONDON, March 24 (Reuters) – Four private equity firms remain in the hunt for SLV Group, the German lighting business owned by HgCapital which could fetch more 400 million euros ($562 million), people familiar with the matter said. European buyout houses BC Partners, Charterhouse and Cinven are all in the second round of the auction [...]
Tags: BC Partners, Charterhouse, Cinven, HgCapital, Lindsay Goldberg, Macquarie
Posted on: September 27, 2010 by Barry Whyte
Kohlberg Kravis Roberts has bought Visma, a Norwegian software company, for $1.2 billion ($1.88 billion), from private equity firm HgCapital, the companies announced on Sunday. HgCapital retains a 17.7 percent stake in Visma.
Tags: HgCapital, Kohlberg Kravis Roberts, Visma
Posted on: August 2, 2010 by PEHub Administrator
LONDON (Reuters) – HgCapital is set to buy Italian accounting software firm TeamSystem, three people familiar with the matter said, after beating rival buyout firm Cinven in the final stages of the auction. Seller Bain Capital could get as much as 600 million euros ($783 million), one of the people said. Bain received bids from [...]
Tags: Bain Capital, HgCapital, TeamSystem
Posted on: June 30, 2010 by Luisa Beltran
Riverside Co. has agreed to sell Teufel Speakers GmbH to HgCapital, a private equity firm targeting the European sector. Financial terms were not disclosed. Teufel is designer and online retailer of loudspeaker systems in Germany. Riverside invests in the smaller end of the middle market.
Tags: HgCapital, Riverside Co.
Posted on: June 4, 2010 by PEHub Administrator
MADRID (Reuters) – Spain’s Telefonica (TEF.MC) has sold Manx Telecom, the main telecoms provider for the Isle of Man, to a private equity firm as part of its ongoing plan to divest non-core assets. UK private equity investor HG Capital said on Friday that it was buying the majority stake in Manx, alongside telecoms management [...]
Tags: HgCapital, Manx Telecom
Posted on: May 26, 2010 by PEHub Administrator
HgCapital has acquired SimonsVoss Technologies AG, a German provider of digital radio-based locking and access control systems. The deal reportedly is valued at around £100 million.
Tags: HgCapital, SimonsVoss
Posted on: May 12, 2010 by PEHub Administrator
HgCapital has acquired the talent management software unit of StepStone ASA (LSE: STPS), for €110 million.
Tags: HgCapital