Toby Mitchenall
Toby Mitchenall is the Senior Editor for private equity at PEI Media. He is responsible for and regular contributor to the private equity coverage across Private Equity International, Secondaries Investor and private funds management and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
Duke Street’s IT services company has agreed its second take private, with an agreement to buy shares of AIM-listed Netstore. Private equity buyers have been scanning London’s junior stock market for bargains and found rich vein in the IT sector.
The Central and Eastern Europe-focused private equity fund has agreed to purchase Promedis for €15m, its fourth Polish healthcare provider in a year. The private equity deal is the third agreed in Poland this week.
The second largest securities brokerage in Japan is putting plans in place to launch a private equity fund and expand its real estate business.
The European mid-market firm has turned its attention to Central and Eastern Europe with the secondary buyout of a Polish manufacturer of rail freight buffers from Advent. The region is becoming a private equity hotspot, but IK will be proceeding with care.
The second largest securities brokerage in Japan is putting plans in place to expand its real estate business and launch a private equity fund, according to media reports.
The South African investment banking group has beefed up its private equity coverage with the appointment of Gareth Taylor from Deloitte.
The Moscow-based asset management firm has revealed an equity investment in Lion Capital’s buyout of Russian Alcohol Group. Boris Fedorov, the former Russian minister of finance and co-founder of UFG, will join the board of the Russian vodka giant.
The Norwegian private equity firm has exceeded its original target of €225m for Norvestor V after seven months of marketing.
Having originally set out to raise €10m by the end of the year from both institutions and individuals, InReturn Capital is upping its target in response to strong demand.
Warsaw-based Enterprise Investors has taken a 60 percent stake in Polish bathroom retailer and wholesaler Wema in a deal that values the company at €77m. The acquisition follows figures last week showing that the flow of capital into emerging markets private equity is rapidly accelerating.