Duke Street Capital has acquired The Original Factory Shop from Barclays Private Equity for £68.5m. Debt has been provided by Barclays and Kaupthing Singer & Friedlander. Duke Street also provided mezzanine financing.
ING's Parcom Capital is launching a €1bn fund designed to use private equity investment techniques in the public markets.
Alchemy Partners is understood to be in talks with lenders about struggling portfolio company Buckingham Bingo.
Talks between Whitbread and Dubai International Capital over the sale of hotel chain Travelodge are understood to have collapsed.
The shortlist for the seventh annual BVCA/Real Deals Private Equity Awards has been announced. The winners will be presented with their awards at a ceremony held at the Grosvenor House Hotel in London on 24 April. The shortlist is as follows:
Waterland Private Equity Investments has sold its 76.36 per cent stake in Frankfurt Stock Exchange listed IT-service company Arxes Network Communication Consulting to Dutch TDMI Duitsland. The sale was completed at a price of €1.95 per share, representing a premium of more than 60 per cent over the weighted average share price in the three months prior to the announcement.