NEWS & VIEWS

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Posts Tagged ‘electrical’

26 February 2014

Herkules Capital buys into Norwegian electrical retailer Elektroimportøren

Norwegian private equity firm Herkules Capital has agreed to acquire a majority stake in electrical wholesaler and retailer Elektroimportøren.

30 September 2013

Varentec raises $8m from Bill Gates, Khosla Ventures

varentec Microsoft founder Bill Gates and venture capital firm Khosla Ventures have invested $8m in Varentec, which provides power control systems for electric grid.

18 December 2012

OpCapita’s Comet deal under scrutiny as taxpayers face redundancy bill

Comet electrical - AltAssets Private Equity News OpCapita’s £2 buyout of beleaguered electrical retailer Comet is being investigated by the UK Government after complaints from MPs over its handling of the business.

5 November 2012

OpCapita could reap Comet profit despite 6,600 facing sack

Comet electrical - AltAssets Private Equity News Buyout house OpCapita could still make a profit from sinking electrical retailer Comet even as thousands of staff look set to lose their jobs.

1 November 2012

OpCapita-backed Comet calls in administrators

Comet electrical - AltAssets Private Equity News OpCapita-backed electrical retailer Comet could put up to 6,000 jobs at risk by crashing into administration after suffering a “cash crunch” in the run-up to Christmas, it is understood.


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