Topics: Buyouts

Private Equity Fund To Buy Oil and Gas Assets Worldwide

Private Equity Fund To Buy Oil and Gas Assets ...

A new London-based fund is looking for oil and gas assets to buy. Carlyle Group and CVC Capital Partners back this $5 billion fund. But are there too many risks involved with the troubled industry? A new private equity backed fund is set to buy oil and gas assets around the world. The London-based fun, Neptune Oil and Gas, is [...]

Private Equity Firms Preparing for a Fight Over Shell’s Scraps

Private Equity Firms Preparing for a Fight Over ...

Shell’s announcement last week to acquire the British BG Group has inspired private equity firms to compete for the leftover assets. Newspapers reported on Sunday that the acquisition might leave behind $30 billion worth of assets and most big private equity firms are trying to get their hands on these assets.   Shell’s Announcement Shell’s deal to buy BG Group [...]

US-Chinese Cleantech Fund Does Billion Dollar Dutch Deal

US-Chinese Cleantech Fund Does Billion Dollar Dutch ...

News this week that Go Scale Capital, a cleantech fund backed by China’s GSR Ventures and US-based Oak Investment Partners, acquired Philips Lighting (LED components and automotive lighting) for USD 3.3 bn signals a significant new growth investor in the private equity industry, based on the size of the transaction, and it is more evidence of the globalization of the [...]

Warburg Pincus Exceeds Expectations with its Energy Focused Private Equity Fund

Warburg Pincus Exceeds Expectations with its Energy ...

We’ve mentioned before that Warburg Pincus is focused on the energy sector, but Monday’s news about its newest fund exceeded expectations and confirmed that the energy sector is a lucrative market for private equity. The company announced it has raised $4 billion for its first energy-focused private equity fund.   Warburg Pincus had hinted earlier that it hoped to fundraise [...]

Big Deals: Sweden’s Bravida and UK’s Iglo Attract PE Bids

Big Deals: Sweden’s Bravida and UK’s Iglo ...

Four private equity firms are bidding to buy Sweden’s Bravida, worth around USD1 billion, according to Reuters. The PE players involved are EQT, Apax Partners, Bain Capital and PAI Partners. It is currently owned by another PE fund, Triton.   Yet another Northern European transaction is in the news due to buyout fund interest. UK-based Iglo is putting together a [...]

Apollo in Mega Buyout of El Paso Corp Unit

Apollo in Mega Buyout of El Paso Corp Unit

The deal of the week looks like it is Apollo Global Management’s buyout of El Paso Corp’s oil and gas exploration and production unit for USD 7.15 billion. The LBO will tap USD 4.5 billion of debt, about 63% of the purchase price, reports The Deal Pipeline .   Co-investors included Riverstone Holdings LLC, Access Industries Inc, owned by Lee [...]