Private equity firm Melior raises €160m to invest in Irish SMEs
Firm has already invested in two companies: Salmon Software and BHP Insurance
Melior to take controlling stake in Salmon Software
Most of the investment is by way of the acquisition of new stock to grow the business
Goldman Sachs halts new business with oligarch-linked private equity group
Bulk of Pamplona Capital Management’s funds come from Mikhail Fridman’s LetterOne
Dublin-based LC Financial makes €65m bid for Link business
The proposal includes an upfront payment of €50m and deferred payment of €15m
Warnings of market peak amid wave of ‘hot’ insurance broker deals
Consolidation at a tipping point amid surge in valuations, leading industry figure says
Campion Insurance to be sold to UK-based PIB Group for more than €70m
Deal is UK group’s third purchase of retail insurance broker this year in the Republic
Virginia governor’s race offers first test of Biden presidency
Defeat would point to potential disaster for Democrats in next year’s midterm elections
Henry Kravis and George Roberts to step down as KKR chiefs
Private equity gurus famed big 1980s buyouts exit top posts
Marlin Equity acquires controlling stake in Learning Pool
New investment agreed as Marlin buys out CCI stake in deal believed to be worth €175m
Investors line up to make bids for Learning Pool
Derry-based e-learning company is on the market for an estimated €160m
Fly Leasing’s €2bn sale to close in third quarter
Dublin-based lessor loses $3.4m in first three months of 2021 amid Covid-19 restrictions
Insurer looks to expand in Republic after deal for Wexford broker
London-based PIB buys Creane and Creane, its fourth acquisition this year
Fly Leasing’s €2bn sale to Carlyle prompted by private equity firms’ demand for assets
Colm Barrington says private equity investors have ‘lots of cash’ and seek to spend it
Irish ham maker Carroll’s Cuisine sold to UK food group
Tullamore-based ham producer has been acquired by UK company
AA Ireland’s new owner taps Liberty executive for CEO
Current AA Ireland chief executive Brendan Nevin will remain at the helm for a transition period
AA Ireland bought by Olivier Sarkozy-led fund for more than €240m
Roadside assistance firm ‘will continue to operate as an Irish-based company’ says CEO
Who is Michael Milken, the junk bond king pardoned by Trump?
Michael Milken maintained ties to a finance industry that he helped shape
Cardinal raises initial €175m for follow-on private equity fund
New fund expected to close by March’s end with cap of €300m
Your business week: Halo Business Angel Network, SFA Business Connect 2020
Expert insight on hand from conference in Co Wicklow organised by Enterprise Ireland
This Week in Business: Tech giants due to report results
CSO to report retail spending figures. Alphabet, Facebook and Apple to deliver results
Abtran founders close buyout of CCI stake
Company that runs Irish Water call centre now wholly owned by private investors
Tullow Oil founder considers comeback
Cantillon: Aidan Heavey is dipping his toes into the exploration business again
Carlyle Ireland team leaving to set up new private equity fund
Carlyle Group supportive of Irish management spinning out to form Melior
Private equity fund takes 38% stake in Sports Surgery Clinic in Santry
Carlyle Cardinal Ireland buying into centre which posted revenue of €42.3m in 2017
Change at Tullow Oil as firm appoints two new directors
Agyare to step down from board after nine years as Khama and Sangudi join the firm
European stock rally for third day over trade talks optimism
Smurfit Kappa results help drive up Iseq and FTSE while profits helps lift Tullow Oil
US software group Sedgwick to add 250 jobs in Ireland
Insurance software provider looking to establish international services hub in Dublin
Kanye takes on Apple in sneakers vs iPhone war
Artist’s new Adidas ‘Yeezy’ shoes go on sale on same day as iPhone XS Max
Europe rediscovers its mojo in Davos
IMF sees euro zone economy growing 2% this year and 2.2% in 2019
Akzo Nobel in talks to merge paints business with Axalta
Dutch firm in talks just months after it repeatedly rebuffed offer from US rival
AA Ireland pretax profit jumps 17% to €12m
Insurer and breakdown assist provider reports 10 per cent growth in revenue in 2016
The key business events happening this week
Apple results; Irish unemployment indicator; and UCD seminar on algorithmic consumers
Jeff Bezos moved into philanthropy with a single tweet - followed by 42,000 more
Denis O’Brien offers advice to Amazon founder on how best to help people ‘right now’
Apple results disappoint Wall Street
This week’s major business events: BP results; Irish unemployment rate
Global impact of US’s incredible shrinking stock market
More and more companies are opting to fund their growth via private markets
The big and the bold in the world of M&As
Some of the biggest global M&A deals of the recent past have an Irish dimension
McDonald’s agrees to sell majority stake in Chinese operations
Fast-food giant selling 80% of China and Hong Kong businesses to Citic and Carlyle
Denis O’Brien’s Caribbean connections revealed in Bahamas papers
Businessman’s associates are acting as directors of six companies in tax haven
AA Ireland takeover gets green light from regulator
US investor Carlyle Group’s proposed €157m deal is approved by competition commission
AA confirms plan to sell Irish business for €156.6m
AA to sell Irish unit to Carlyle arms, to use proceeds to repay back debt
CRH reportedly places bid for Indian business
Iseq heavyweight believed to be in for cement business being sold by LafargeHolcim
Private equity fund Carlyle Cardinal eyes Mater Private
Irish-American fund on shortlist to acquire hospital with annual revenues of €200m
Irish Women of the World: Powered for progression in law and business
Five women who have succeeded in male-dominated professions describe their progress
Seen & Heard: Call for Uber boycott over tax row
Fianna Fáil urges Ministers not to attend opening of new call centre in Limerick
TV3 tight-lipped over reports Carlyle in takeover talks
Doughty Hanson focuses on ‘strong exits’ for its investments
Exposed: Ikea, Pepsi amongst 340 companies with secret Luxembourg tax deals
Duchy in row with EU over releasing details of tax arrangements
Investors seek maniacs with unrealistic visions
Meet the Irish-born venture capitalists flying home for the event
Letting the numbers do the talking makes sense and money for Cardinal
Its investment in Bank of Ireland was a turning point. Now Cardinal Capital is hoping to fund better times
Healthscope’s private equity owners plan IPO
Australia’s second largest private hospital operator plans to raise A$2.57bn
Apple rumoured to be close to buying Beats for $3.2 billion
Analysts have questioned whether the Dr Dre-led headphone maker firm is worth the price
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