Invest-IQ

BC Partners, a United Kingdom private equity firm, has sold SOK, a Turkish discount grocery chain, and subsidiary of Migros Ticaret, Turkey’s largest supermarket chain. Gozde Finansal and Bizim Toptan acquired the chain for USD 380.1 million. Murat Ulker is the leading shareholder in both of these firms and is also associated with Ulker group, [...]

In its second deal early in the month of April, the UK’s BC Partners have sold their 17.4% share in Turkey’s Migros Ticaret grocery chain through the placement of ordinary shares at USD 16.5 per share. The initial size of the placement was set at USD 26 million but was increased to USD 31 million [...]

UK private equity firm BC Partners has beaten industry forecasts with a €4 billion first close of its latest buyout fund. When the fund was first announced it was expected to raise only €2.5 billion to €3 billion at first close. The significantly higher yield is testament to the firm’s fund raising efforts, which was [...]

British private equity firm BC Partners may be looking to take advantage of recently improving stock markets by floating an IPO of Medica, the European nursing care operation. BC Partners acquired Medica in 2006 in a buyout from Bridgeport, whose own IPO plans were stalled by the faltering economy. At least ten banks have been [...]

PE firm BC Partners has reached agreements to invest in two European medical laboratories with plans to eventually merge the companies. BC Partners will acquire a 40% share of Germany’s Synlab and also complete a takeover of Austrian company FutureLab. Financial details of both deals have not been made public by agreement of all three [...]

Oleg Zherebtsov, founder of Russian cash-and-carry grocery chain Lenta, went public earlier this year about his desire to sell his stake in the company. In February it was reported that Zherebtsov was in talks with several investors including Warburg Pincus, TPG, Apax Partners, BC-Partners and Siguler Guff & Company. It now appears that Marshall Capital [...]

The founder of Russian-based hypermarket chain, Lenta, reports that he is still interested in selling his 35 percent stake in the retail giant. Oleg Zherebtsov was joined by 12 other stakeholders in early 2008 to sell the majority share in the company. This decision came after conflict between the chief stakeholders on which direction to [...]

BC Partners have acquired Migros Türk TAS for USD 3.2 billion in the largest leveraged buyout in Turkey’s history. Moonlight Capital, a BC Partners vehicle, bought a 51 percent stake in Koc Holding for $1.7 billion. Additional minority investments have come from DeA Capital, a vehicle controlled by Turkven Private Equity and De Agostini SpA. [...]