Buyouts
SPAIN – Arques takes over courier company
Arques Iberia, the Spanish subsidiary of Arques Industries has acquired parcel delivery service, Agencia Servicios Mensajeria (ASM), for a symbolic purchase price.
CEE - Mid Europa acquires CM LIM
Mid Europa Partners has acquired Polish private health care provider Centrum Medyczne LIM (CM LIM) from the founding investor group. The transaction is expected to close this summer. In October 2007, Mid Europa bought two other Polish companies in the...
NORWAY - HitecVision invests $120m in Spring Energy
HitecVision V has invested $120m in Spring Energy Norway AS, an Oslo-based early-stage oil and gas company.
NETHERLANDS – NIBC acquires Busker Hei
NIBC Capital Partners has acquired a majority stake in sheet pile manufacturer Busker Hei. The founders hold the balance of the shares and Rabobank provided the debt for the transaction.
CEE - Mid Europa acquires CM LIM
Mid Europa has wholly acquired Polish healthcare provider Centrum Medyczne LIM.
Netherlands – CVC acquires 73% of Schuitema
CVC Capital Partners is made an offer to acquire 73% of supermarket chain Schuitema from Ahold. As a result of the transaction, Ahold will obtain a 20% indirect interest in Schuitema without supervisory board representation.
NETHERLANDS – Van den Ende & Deitmers takes 30% of Central Point
Van den Ende & Deitmers has acquired a 30% stake in Central Point, an online provider of computer products. Earlier this month the private equity house invested in social networking site Hyves, described as the Dutch “facebook."
RUSSIA – Aurora Russia acquires Volzhski Universalny Bank
Aurora Russia has wholly acquired Russian Volzhski Universalny Bank (VUB) through its Cypriot holding Flexinvest. Of the £6.36m invested in Flexinvest, £4.52m was used to purchase VUB, the £1.87m balance was invested in the bank to cover post-acquisition...
UK - Acorn backs two mechanical services companies
Acorn Capital Partners has backed the buyout of Thermotech and TAC Mechanical Services, a provider of fire protection systems maintenance and a provider of air conditioning systems maintenance repectively.
NORWAY - Reiten & Co acquires Brubakken
Reiten & Co Capital Partners VII has acquired a majority stake in Brubakken, a supplier of forklifts and material handling machines, for an undisclosed value.
UK - Shackleton Ventures raises fund and strikes deal
Shackleton Ventures has closed Shackleton Secondaries II LP (SSIILP), a ТЃ25m fund dedicated to secondary deals. The private equity house has also purchased 13 portfolio companies from 3i for an undisclosed amount.
UK - Matrix re-cap delivers 5x returns
Matrix Private Equity Partners (MPEP) has re-capitalised Holloway White Allom, a construction company. The deal was financed with ТЃ5m of cash and a ТЃ12m debt package from Lloyds TSB.
UK - Epi-V invests £5m in Guardian Global Technology Group
Oil and gas private equity fund Epi-V has invested ТЃ5m in Guardian Global Technology Group, a manufacturer of specialist measurement equipment used in oil field production.
SPAIN – N+1 acquires logistics firm
N+1 has acquired an 84% stake in logistics firm Bestin in a deal valued at EUR 26.8m. EUR 13.4m was provided in the form of a capital expansion and the other half as a participatory loan.
UK - New US player buys oil services company
Intervale Capital has acquired Aberdeen-based oil services company Hydrafit in a deal worth more than ТЃ20m. RBS supplied an ТЃ18m debt packaged to support the deal in addition to a ТЃ3.5m working capital facility.
FRANCE – OFI set to acquire Gault et Fremont
OFI Private Equity has signed an agreement with LBO France to purchase Gault et Fremont. The deal will see LBO France exit its interest in the company while OFI will hold a yet to be determined majority share alongside the management.
UK - Primary backs buyout of Pacific Direct
Primary Capital has acquired Pacific Direct, a supplier and manufacturer of branded toiletries and guest accessories to the luxury hotel and cruise line market.
UK - Catapult backs buyout of BWB Consulting
Catapult Venture Managers has supported the buyout of BWB Consulting Ltd, an engineering and environmental consultancy.
SPAIN – Suma Capital acquires engineering firm
Suma Capital has completed the acquisition of a 75% stake in engineering consulting firm Auding in a management buyout. The management team hold the balance of the shares.
FRANCE – Crédit Agricole invests in Conexia
Crédit Agricole Private Equity and Vaorem have purchased a 49% stake in Conexia Energy. Crédit Agricole made the investment via Capenergie, its FCPR energy fund. Vaorem is a developer and operator of wind farms based in Bègles.
CEE – RC II acquires 63% of Antares Hotels in EUR 8m deal
Reconstruction Capital II has acquired 63% of Romanian resort Antares hotel in a EUR 8m deal. The deal consisted of the acquisition of existing shares and subscription to new shares. This represents the first investment for Reconstruction Capital since...
UK - Candover-led consortium makes £1.6bn bid for Expro
A consortium of investors led by Candover also comprising Goldman Sachs Capital Partners and AlpInvest has made a ТЃ1.6bn offer for listed oil-field services provider Expro. The offer values each share at 1,435 pence, a premium of 54.9 per cent to the...
UK - Matrix backs buyout of Plastic Surgeon Fine Finishers
Matrix Private Equity has invested ТЃ2m to support the management buyout of Plastic Surgeon Fine Finishers, a provider of cosmetic surface repair services to the construction and housing industry. Matrix has acquired a 30% stake.
GERMANY/AUSTRIA - Waterland Private Equity acquires Windrose
Waterland Private Equity has acquired a majority stake in Windrose Fernreisen Touristik GmbH, a travel agency for high-end adventure and luxury travel. The current Windrose management team remains unchanged.