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Category: recovery

Private equity firms to pay down The AA’s heavy debt after agreeing £219m buyout of the roadside recovery business

UK roadside recovery business The AA has agreed to be bought by private equity houses Warburg Pincus and Towerbrook Capital Partners at a £219m valuation.

ICG could raise €1bn for recovery fund targeting coronavirus opportunities – report

Intermediate Capital Group is reportedly in talks with LPs over raising a €1bn 'recovery fund' to invest in business opportunities thrown up by the Covid-19 pandemic.

Debt-laden AA could come back into private equity hands as buyout majors enter talks with company

Debt-heavy UK roadside recovery business AA could be coming back into private equity hands after receiving buyout interest from a string of big-name firms.

“Never waste a good crisis” – how successful portfolio companies have adapted to the coronavirus pandemic

The coronavirus crisis has raged across the globe for months now - but some businesses were far quicker to adapt to the growing disaster than others. Private debt investment specialist CVI explains how some of

Investec spin-out launches recovery fund to save South African economy “in induced coma”

A new coronavirus economic recovery fund targeting South Africa has been launched by Ninety One, which has just demerged from Investec Bank, and Ethos Private Equity.