Toby Lewis

While turmoil in the global credit markets will have and has had serious consequences for lenders during the buyout boom, larger buyouts will resurge in the next year, according to Swiss investment firm Partners Group.

While turmoil in the global credit markets will have and has had serious consequences for lenders during the buyout boom, larger buyouts will resurge in the next year, according to Swiss investment firm Partners Group.

The consortium led by UK billionaire Sir Richard Branson’s The Virgin Group has expanded its Northern Rock turnaround team, as expectant bidders await the results of a Goldman Sachs proposed financing solution.

After postponing a recapitalisation last year, the consortium which bought UK supermarket Somerfield more than two years ago has decided to auction the business.

An Ethos Private Equity and Goldman Sachs consortium has run into regulatory difficulties in its acquisition of casino group Gold Reef Resorts after securing funding in problematic credit markets in September.

After postponing a recapitalisation last year, the consortium which bought UK supermarket Somerfield more than two years ago has decided to auction the business.

The private equity firms bidding for the Turkish supermarket have tabled lower than expected bids, although should the deal complete it will be one of the largest European buyout financed since the problems in the credit markets became apparent.

The Bahrain investment firm has joined the throng of MENA buyout firms continuing doing deals in the West despite the credit crunch.

Large US buyout firms cash out the majority of their equity in a third of deals before they fully exit, but default rates across large private equity companies remain minimal.

The Nordic buyout firm’s Skr2 billion recapitalisation of Dacke, two years after the buyout firm acquired the company, is an exception in liquidity-starved credit markets.