DLJ Picks Peachtree

DLJ Merchant Banking Partners has acquired Peach Holdings Inc. (AIM: PSF), the parent company of specialty finance company Peachtree Settlement Funding. The deal is valued at Gpb3.85 per share, for a total of approximately Gbp402 million. Other equity participants include Credit Suisse, LLR Partners, Greenhill Capital Partners and Peachtree senior management. www.peachtreesettlementfunding.com < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />