LVMH-Backed L Catterton Nears Deal to Acquire Birkenstock

LVMH-Backed L Catterton Nears Deal to Acquire Birkenstock

It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. But it’s not likely to be CVC capital partners that’s buying it. Instead L Catterton, the group with close links to LVMH, is “nearing an...
Illycaffe clinches alliance with Rhone Capital, eyes IPO

Illycaffe clinches alliance with Rhone Capital, eyes IPO

Premium coffee maker illycaffe said on Thursday it completed the sale of a 20% of its capital to U.S. private equity firm Rhone Capital, adding that future expansion could also entail an initial public offering. The transaction with Rhone Capital is aimed at speeding...
UPDATE: KPMG close to £400m sale of restructuring arm

UPDATE: KPMG close to £400m sale of restructuring arm

KPMG is close to selling its restructuring division to a private equity firm as part of a deal that could see a former head of Deloitte run the newly separated business. HIG Europe is in exclusive talks to buy the restructuring arm for about £400 million. If the deal...
Advent Set to Merge Payment Firms Into $3 Billion Company

Advent Set to Merge Payment Firms Into $3 Billion Company

Private equity firm Advent International is planning to merge portfolio companies Transaction Services Group and Clearent, which both provide payment services, according to people with knowledge of the matter. A deal could be announced as early as Thursday, the people...