News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Electra Partners Europe completes first deal for new fund

Private equity specialist, Electra Partners Europe, has made its first investment for its Electra European Fund.

The fund has acquired a further 44% stake in Safety-Kleen Europe for £23.7m (€38.5m) - a deal that values the cleaning business at more than £100m. When Safety-Kleen Europe conducted a management buy out from its US parent, Safety-Kleen Corporation, in 1998, Electra bought an initial 44% stake.

WSJ Logo