ICG almost doubles Europe VII to close €8.1bn fund VIII

ICG almost doubles Europe VII to close €8.1bn fund VIII

Intermediate Capital Group has almost doubled its predecessor to close its eighth European Corporate fund on €8.1bn. Europe VIII significantly beats its €7bn target and exceeded its hard cap. It is also 90% bigger than Europe VII. The fund has attracted commitments...
LDC exits Aqualisa to Fortune Brands in £130m sale

LDC exits Aqualisa to Fortune Brands in £130m sale

Leading mid-market private equity firm LDC has exited its seven-year investment in bathroom specialist Aqualisa to Fortune Brands Home & Security, in a transaction that values the company at £130m. Founded in 1977, Aqualisa is the UK’s leading designer, developer...
Warburg Pincus sells majority stake in Reorg to Permira

Warburg Pincus sells majority stake in Reorg to Permira

Warburg Pincus has agreed to sell its majority shareholding in Reorg, a global provider of data, analytics and intelligence for the the credit markets, to private equity firm Permira. As part of the transaction, the Reorg team will retain a significant ownership...