GraceKennedy Limited has acquired the WT (Holdings) Limited Group (“WT Foods”) of the United Kingdom, a leading ethnic and speciality foods supplier, from Bridgepoint Capital Limited, a European private equity firm for an undisclosed price.
European private equity firm Bridgepoint has taken a majority stake in Dragenopharm Apotheker Püschl GmbH, a leading German contract manufacturing organisation for the European generic prescription drug market, for an undisclosed sum.
European private equity firm Bridgepoint today announced that it is to open a regional office in Warsaw to address the growing opportunity represented by the Central and Eastern European market. The new office will be led by the former head of Advent International's operations in Poland, Khai Tan, who becomes a partner of Bridgepoint.
Worldmark International, the global supplier of data labels and identification products for the electronics and the telecommunications industries, has been sold by Bridgepoint to Barclays Private Equity for an undisclosed sum.
2006 was a record year for European buyouts with the total value of deals topping over €160 billion for the first time ever, according to the latest European Buyout Review due to published in March 2007 by Incisive Media in association with Bridgepoint.
German manufacturer of ophthalmic lenses for spectacles Rodenstock has been acquired by European private equity firm Bridgepoint from Permira for an undisclosed sum. The transaction is subject to approval of the competition authorities.
Attendo, the largest provider of care services for older and disabled people in the Nordic region, has been acquired from Bridgepoint by private equity fund Industri Kapital for an undisclosed sum.
Deutsche Bank announced today the signing of a definitive agreement to acquire Tilney Group Limited (“Tilney”), a leading UK wealth manager, from Bridgepoint and Tilney management, as part of a strategic move to strengthen its presence in the UK private wealth management market.
Graphite Capital is backing the £86 million management buy-out of the NES Group from its founders, Geoff Lloyd and Bryan Sullivan, along with Bridgepoint, the private equity group.
Virgin Active, the health and fitness group, has signed an agreement to acquire Holmes Place's UK business, comprising 47 clubs in the UK with a membership of 190,000. Virgin will have a majority stake of the enlarged Group (‘the Group'). The Holmes Place clubs will be rebranded as Virgin Active by the end of second quarter 2007. The transaction, which values the Group at £650 million, involves Bridgepoint and Permira funds reinvesting in Virgin Active by taking a minority stake. Completion is subject to approval by the OFT.