LONDON (Reuters) – Montagu Private Equity agreed to sell French medical diagnostics business Sebia to rival Cinven, the latest in a series of buyouts focused in niche areas of healthcare. The deal announced on Monday values Sebia at about 800 million euros including debt, 12.5 times its 2009 earnings, sources familiar with the situation said. [...]

LONDON (Reuters) – Private equity house Montagu has hired Morgan Stanley to plan a flotation of BSN Medical, which could value the German maker of bandages at as much as 2 billion euros ($2.7 billion), two people familiar with the matter said. Montagu had put BSN up for sale 18 months ago, but was forced [...]

LONDON (Reuters) – Private equity firm Warburg Pincus is to buy survival equipment maker Survitec for 280 million pounds ($456 million), marking the third British buyout deal in as many days. Warburg Pincus’s deal on Friday follows KKR’s buy of pet goods retailer Pets at Home and Advent International’s purchase of pensions consultancy Xafinity. Warburg [...]

Clayton, Dubilier & Rice has agreed to buy British Car Auction from Montagu Private Equity. No pricing terms were disclosed, although earlier reports said that the deal would be worth between £350 million pounds and £400 million. Other bidders included Cinven and Bridgepoint.

LONDON (Reuters) – Three buyout firms have made it on to the final lap of the race for Montagu Private Equity’s British Car Auctions (BCA), sources familiar with the situation said on Friday. Cinven, Bridgepoint and Clayton Dubilier & Rice all submitted second-round bids for the business, which sells some 12,000 cars a week via [...]

LONDON (Reuters) – Montagu Private Equity has ended exclusive talks about selling Survitec to rival Permira, leaving Warburg Pincus frontrunner to buy the maker of life rafts and life jackets, people familiar with the matter said. The latest twist in a sale that has been in the works since at least March highlights the continuing [...]

LONDON (Reuters) – European buyout house Permira has entered exclusive talks to buy survival equipment maker Survitec from rival Montagu Private Equity, a source familiar with the process said. Permira beat off bids from Warburg Pincus and Carlyle Group to get exclusive access to Survitec’s books in the last few days, the source said. Montagu [...]

LONDON (Reuters) – British buyout house Montagu Private Equity signed a debt restructuring deal late on Tuesday that will see it walk away from British packaging company Linpac, two sources familiar with the process said. Lenders will take on the business as a going concern, reducing the company’s debt by 320 million pounds ($529.3 million) [...]

LONDON (Reuters) – Privately-owned UK second-hand car dealership British Car Auctions is expected to be formally put up for sale by owner Montagu Private Equity, banking sources said on Friday. Montagu could ask for first-round bids as early as next week, they added. “Montagu has not launched an auction yet but it is imminent and [...]

LONDON (Reuters) – Montagu Private Equity, the British buyout house, said on Thursday it has agreed a deal to acquire airfield lighting company ADB Airfield Solutions from Siemens AG (SIEGn.DE). The companies did not disclose financial terms of the deal. Late last month Thomson Reuters LPC reported that Bank of Ireland and West LB were [...]