Picture Financial
Investment Company
| Name | Picture Financial |
|---|---|
| Sector | Financial & Business Services |
| Country | United Kingdom |
| Initial Inv Date | 2004 |
| Business Focus | UK consumer finance group
|
| Contact |
News
Apax Partners sells Global Refund to Barclays Private Equity
The shareholders of Global Refund Holdings BV, which include funds advised by Apax Partners, have reached an agreement for the sale of the Company to Barclays Private Equity. The transaction values the Company at more than €360 million.
Acquisition of Hub International completed
Hub International Limited announced today the completion of the plan of arrangement pursuant to which funds advised by Apax Partners together with Morgan Stanley Principal Investments acquired all of Hub’s common shares for $41.50 per share.
Travelex to acquire Ruesch International
Travelex, the world’s largest non-bank provider of international payment services, announced today that it has agreed to acquire Ruesch International from Welsh, Carson, Anderson & Stowe for US$440 million.