3i to invest in Audley Travel

By Iris Dorbian — 2 months ago

3i Group plc has agreed to provide 159 million pounds in funding to UK-based experiential travel company Audley Travel. As a result of the transaction, Equistone Partners Europe will exit its stake in Audley.

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3i exits Element Materials Technology

By Iris Dorbian — 2 months ago

3i has sold Element Materials Technology to Bridgepoint. No financial terms were disclosed. Rothschild and Baird advised 3i and Element on the transaction. UK-based Element is a laboratory testing company.

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LPEQ appoints new CEO

By Iris Dorbian — 3 months ago

LPEQ, the international association of listed private equity companies, has named Douwe Cosijn to succeed Andrea Lowe as CEO. The appointment becomes effective January 4, 2016. Cosijn is a former director of corporate affairs and head of investor relations at 3i.

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NorthEdge hires Phoenix Equity executive Rastrick

By Chris Witkowsky — 6 months ago

NorthEdge Capital hired John Rastrick as a partner in its Leeds, England office. Rastrick will lead the firm’s focus in Yorkshire and the North East. Rastrick most recently worked as a partner at Phoenix Equity Partners, where he worked for eight years. He also worked at 3i.

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Greenbriar Equity acquires WFCI

By Iris Dorbian — 11 months ago

Greenbriar Equity Group LLC has acquired a majority stake in France-based World Freight Company International, a general sales and services agent for freight cargo in the aviation industry. No financial terms were disclosed. As a result of the transaction, WFCI’s minority investors, which include 3i, ActoMezz, IDI, IDI Mezzanine, Idinvest and Ardian, are exiting their investments.

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Apax to buy Azelis

By Luisa Beltran — 12 months ago

3i has agreed to sell Atlas Holding SA, the holding company of the Azelis Group, to Apax Partners. Financial terms weren’t announced. Azelis is a pan-European speciality chemical distributor. 3i acquired a majority of Azelis in 2007. JP Morgan is providing financing. UBS acted as financial advisor to the Apax funds while Greenhill acted as financial advisor to 3i.

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KKR confirms hiring of 3i’s head of Spain

By Chris Witkowsky — 1 year ago

Kohlberg Kravis Roberts has officially announced the appointment of Alejo Vidal-Quadras as director based in the firm’s Madrid office. Vidal-Quadras will be responsible for developing and supporting KKR’s investment platforms in Spain. Vidal-Quadras joins the firm from 3i, where he worked as head of 3i Spain. KKR’s announcement confirms an earlier report from peHUB.

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