Mbo/mbi News

Bowmark Capital has provided financial back-up for the management buy-out and expansion of property management agency chain Leaders Limited. [more]

Private equity firm Endless has sold its British Bookshops & Stationers (BBS) retail business in a management buy-out just nine months after the company bought [more]

New research shows that the number of private equity deals in the UK hit a 25-year low in 2009, mainly because the credit crisis cut off cheap debt supplies and dissuaded business owners from selling. According to the Centre for Management Buy-out Research at Nottingham University, last year saw 117 private equity deals take place - fewer than half of 2008's 243 d [more]

Digital agency Latitude - one of the country's largest online marketing groups - briefly entered administration last week, before being pulled out by a management buy-out backed by Vitruvian Partners, its private equity owner and an existing major sharehol [more]

Robert Dyas, the high street hardware chain, which employs 1,250 seems to have been saved last night after a rescue deal with the company's bankers. The management has bought the company financed by the government-backed Lloyds Banking Group. After the deal, which is expected to save all the jobs, the business is expected to have a value of about £30 [more]

Akzo Nobel are to complete the sale of Lancashire-based Crown Paints in a management buyout worth £ [more]

JCC Lighting, the UK-based lighting manufacturer, is to undergo a strategic review, according to reports. The company's owners, Denis and Jackie [more]

Scotland-based Italian businessman Gio Benedetti, has sold his Wrap Film Systems company to its management in a £21m buyout deal, according to r [more]

Gresham Private Equity, the UK mid market private equity specialist, has announced that it has backed the secondary buy-out of Betts Global Limited from Permira, Royal Bank of Scotland and the Bank of Scotland in a deal with a total funding package in excess of £1 [more]

Gresham, the UK mid market private equity specialist, has announced that it has backed the buy-out of West Cornwall Pasty Company from its shareholders. [more]

Ainscough Crane Hire Limited, the UK's market leader in crane hire, has announced the £255m sale of the business to the existing management team, funded by an integrated debt and equity package from Bank of Scotland Integrate [more]

Virgin Megastores has been sold by Sir Richard Branson for an undisclosed sum to a management buy-out team. The team was led by managing director Simon Douglas and finance director Steve Peckham, which made the acquisition through buy-out vehicle Zavvi Entertainment Group. Some 125 UK stores will now be rebranded as Zavvi. [more]

UK Casino and bingo hall operator Rank Group is said to be exploring its options regarding a sale of the assets and liabilities for its £700m pensions scheme. Should a sale be completed, it will be the first such deal by a large public company, and it could encourage other pension scheme trustees to consider buy-out opt [more]

Premier Research Group Plc, the British pharmaceutical firm, has said that it had received a preliminary approach from members of its executive manage [more]

Virgin Group is reportedly planning to spin off businesses in IPOs, and run itself in the manner of a buyout company. At the same time, reports have s [more]

Premier Asset Management Plc has agreed to a £51.9m management buyout from Harvard, the bid company backed by private equity fund manager Electra Partners LLP and Premier's ma [more]

Mountain Warehouse, the UK-based retailer of discount outdoor clothing and equipment, has been sold for £15m in a management buyout backed by Icelandic investment vehicle [more]

Southern Cross Healthcare, the UK’s largest care homes operator, has acquired Avery Healthcare Ltd from its management and private equity owners Graphite Capital for £96.5m, including assu [more]

Computer consultancy and software company Trace Group Plc has accepted a management buy-out bid from Tulip Holdings Limited, a company formed by Trace and Trace subsidiary directors for the purposes of implementing the proposals. [more]

Irish Continental, the shipping, transport and leisure group, announced today that it has agreed the terms for a management buyout that values the business at around €471 [more]