HIG joins private equity pack circling KPMG’s restructuring arm

HIG joins private equity pack circling KPMG’s restructuring arm

HIG Europe has joined a pack of private equity bidders vying to buy the UK restructuring arm of KPMG. HIG is one of four parties shortlisted to acquire the business, which was put up for sale last year, Sky News first reported. It is understood Intermediate Capital...
PE-backed AUTO1 shares go into top gear in Frankfurt debut

PE-backed AUTO1 shares go into top gear in Frankfurt debut

Shares in used-car trading platform AUTO1 raced ahead in their stock exchange debut on Thursday, as Germany’s first big initial public offering of the year was snapped up by tech-hungry investors. The shares opened in Frankfurt at 55 euros a share – 45% above...
Private equity firm TDR Capital ups bid for Arrow Global

Private equity firm TDR Capital ups bid for Arrow Global

Private equity firm TDR Capital has made a fourth offer for European investor and asset manager Arrow Global, TDR said on Monday, at a price of 305 pence per share. TDR’s three previous bids for Arrow, which buys defaulted customer accounts from retail banks and...