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.
The Bahrain investment firm has joined the throng of MENA buyout firms continuing doing deals in the West despite the credit crunch.
Terra Firma will tomorrow launch its overhaul of the UK record business after buying it for £3.2 billion at the height of the buyout boom. It is expected to confirm job cuts at the company.
A survey has revealed lower mid-market buyout firms are widely appreciated by UK entrepreneurs despite the negative publicity the industry has received in the country.
Pressure on some managers to liquidate their UK assets is tempting others to create opportunistic vehicles to pick up bargains.
The specialist investment firm’s loan book grew by 16.5 percent as it helped banks reduce their balance sheet exposure to transactions underwritten before the problems in the credit market became apparent.
Mezzanine’s resurgence gathers apace as the European buyout firm diversifies into loan financing in the changed investment climate post-credit crunch.
Mezzanine’s resurgence gathers apace as the European buyout firm diversifies into loan financing in the changed investment climate post-credit crunch.
The specialist investment firm’s loan book grew by 16.5 percent as it helped banks reduce their balance sheet exposure to transactions underwritten before the problems in the credit market became apparent.
Connecticut-based Drum Capital, led by Scott Vollmer, will commit capital to distressed debt, turnaround and restructuring funds.
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