Buyouts
FRANCE - Newfund agrees buyout of 118000
Newfund has completed its third deal with the management buyout of 118000, a phone service and internet company, from German telecommunications business Telegate.
UK - WestBridge backs e2train MBO
WestBridge Fund Managers has backed the management buyout of e-learning business e2train. No financial details have been disclosed.
SWEDEN - CapMan to acquire SRK Konsultation
Nordic investor CapMan, via its Life Science IV Fund, has agreed to acquire a majority stake in healthcare business SRK Konsultation from the company's founder, Thomas Björkman, for an undisclosed sum.
GERMANY - Bridgepoint leads field for Strato
According to reports, UK buyout house Bridgepoint is currently leading a field of three bidders seeking to acquire web hosting company Strato, which is being sold by telecommunications company freenet and is thought to have a price tag of EUR 300-400m.
BULGARIA - EQT merges Eurocom and CableTel in EUR200m deal
Swedish private equity house EQT has simulaneously acquired Eurocom and CableTel, the two largest broadcasters in Bulgaria, from Warburg Pincus and Gene Phillips respectively, in a deal believed to be worth more than EUR 200m.
TURKEY - Bridgepoint acquires TüvTurk
UK-based buyout house Bridgepoint has acquired Turkish vehicle inspection business TüvTurk for an undisclosed sum.
FRANCE - TCR Capital acquires Oberthur
TCR Capital has taken a majority holding in Groupe Ouest Finance, the holding company of stationary companies Oberthur and Oller, for an undisclosed sum.
FRANCE - Avenir and Oséo support Dalsouple
Avenir Entreprises, Oséo and Anjou Initative have supported Pascale le Saëc in the MBI of Dalsouple, a producer of rubber floors and walls. The Motoire family has ceded their entire holding in the company.
FRANCE - EPF Partners supports BRF
EPF Partners has taken a stake in paper services company Groupe BRF. Management, led by Hervé Vandenkerckhove and Thierry Jean-Babtiste, also participated in the buyout deal and retains a stake in the company.
SWEDEN - Karnell takes majority stake in Struktur Svenska Kontor
Swedish small-cap buyout house Karnell has acquired a majority stake in office space service company Struktur Svenska Kontor, from founders and management who retain a minority stake.
GERMANY - CBR acquires Alvo Metalltechnik out of insolvency
CBR Management, through its EquiVest II fund, has acquired metal parts producer Alvo Metalltechnik from insolvency for an undisclosed sum.
FRANCE - MBO Partenaires purchases 30% of Caloga
MBO Partenaires has taken a 30% stake in internet portal Caloga, in a buyout transactiont that leaves the five company founders with a majority take in the company. A senior debt was arranged by Crédit Industriel et Commercial.
DENMARK - EQT Infrastructure acquires Kommunekemi for EUR 35m
EQT Infrastructure has acquired hazardous waste management company Kommunekemi from The Local Government Denmark (LGDK), The Municipality of Copenhagen, and the Municipality of Frederiksborg, for an enterprise value of DKK 260m.
ITALY - Alto Partners acquires Diquigiovanni
Alto Partners has acquired an 80% stake in PVC window manufacturer Diquigiovanni in a deal valued at approximately EUR 10m.
POLAND - EQT looks to Poland for EUR 211m take private
EQT has launched a public tender offer to wholly acquire Polish healthcare business HTL-Strefa SA.
AUSTRIA – Buy_Out Central Europe’s takeover of UIAG cancelled
Austrian buyout group Buy_Out Central Europe Managementgesellschaft's has cancelled the planned take-over of investment firm Unternehmen Invest AG.
BULGARIA/HUNGARY – Mid Europa acquires ITV; buys back Invitel’s debt
Mid Europa Partners is defying the credit crunch odds to go on a shopping spree: this week it has completed the acquisition of Bulgarian TV operator Interactivni Tehnologii. It is the latest in a number of Balkan TV businesses Mid Europa has backed, already...
CEE – CVC acquires AB InBev CEE operations for USD 2.23bn
CVC Capital Partners has acquired the Central and Eastern European operations of brewery Anheuser-Busch InBev (AB InBev) in a deal valuing the CEE division at USD 2.23bn.
CZECH REPUBLIC – PPF backs Czech energy group
Emerging Europe private equity investor PPF Partners has acquired a 40% stake in Energy and Industrial Holding (EP), a spin-off from Czech investment firm J&T Group.
FRANCE - Nestadio backs MBO of Buffard Logistique
Nestadio Capital, part of the Fonds d'Investissment de Bretage, has taken a 28% stake in transportation company Buffard Logistique to support the MBO by CEO Daniel Bénard and his son.
FRANCE - Gimv and UFG PE pay EUR 31.6m for 46% stake in Easyvoyage
Gimv and UFG Private Equity have acquired a 46% stake in travel website Easyvoyage for EUR 31.6m of debt and equity. The deal also saw company management and initial shareholders invest, with founder Jean-Pierre Nadir retaining a 40% stakes.
NORWAY - HitecVision in NOK 347m bid for Grenland Group
Norwegian private equity firm HitecVision has together with Skogen Investering, the investment company of Grenland founder and CEO Hallgeir Skogen, launched a voluntary offer for all shares in oil service company Grenland Group ASA.
AUSTRIA - One Equity Partners acquires Constantia Packaging AG
One Equity Partners has acquired a stake of approximately 66% of listed packaging manufacturer Constantia Packaging and has announced its intention to make a full takeover offer at a price of EUR 39 per share to remaining shareholders.
GERMANY - Advent acquires GFKL Financial Services AG
Advent International has agreed to acquire a majority stake in GFKL Financial Services, an independent provider for debt collection and debt purchase services in Germany, from a consortium of institutional investors.