Posts tagged: 3i
Wednesday, 18 December 2019, 10:14 am
Oh look - 3i has just confirmed Betaville's scoopette from last week about the private equity firm's plot to sell Aspen Pumps.
In the end rival buy-out firm Inflexion - led by dealmaker Simon Turner - snapped up the specialist pump manufacturer that designs, manufactures and distributes specialised mini pumps that remove condensate water from air conditioning and refrigeration systems...
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Tuesday, 10 December 2019, 2:42 pm
3i is considering a sale of Aspen Pumps, a UK-based company that designs, manufactures and distributes specialised mini pumps that remove condensate water from air conditioning and refrigeration systems.
Sources close to the situation said 3i, the FTSE 100-listed private equity investor, has appointed bankers from Baird to find a buyer for Aspen Pumps and the company may be worth between £250 million and £300 million as it generates earnings of around £25 million...
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Tuesday, 7 November 2017, 5:41 pm
I broke the story back in January in The Sunday Times about 3i hiring NM Rothschild to flog Hobbs (see the link below), so it's good to see a deal with South African group Foschini has finally been confirmed.
Below is the link to the piece I wrote earlier this year:
https://www.thetimes.co.uk/article/hobbs-on-the-block-kq9nc739x..
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