Buyouts
UK - LDC backs £11m carve-out of Homeserve Emergency Services
LDC has backed the management buyout of the emergency services division of listed home assistance membership business Homeserve plc, in a deal worth £11m.
SWITZERLAND - Astorg acquires Metalor
Astorg Partners has agreed to acquire a majority stake in metals refiner Metalor Technologies International from a group of Swiss private investors.
SWITZERLAND - Astorg acquires Metalor
Astorg Partners has agreed to acquire a majority stake in metals refiner Metalor Technologies International from a group of Swiss private investors.
GERMANY - TPG drops out of Springer race
According to reports, TPG Partners has dropped out of the sales process to acquire a 49% stake in academic publisher Springer Science and Business Media, which is being sold by Cinven and Candover.
GERMANY - Montagu and Nordic Capital interested in easycash
Montagu Private Equity and Nordic Capital are said to be among the six bidders in the second round of the auction for payments processing company easycash, which is being sold by Warburg Pincus and is thought to be worth between EUR 240-270m.
DENMARK/SWITZERLAND - Blackstone-backed Nycomed bids for EUR 4.5bn Solvay
Reports suggest that Nordic Capital- and Blackstone-backed pharmaceuticals business Nycomed has made a takeover approach for the drug division of publicly listed chemical and pharmaceutical company Solvay SA, with the offer thought to be valued at around...
UK - Octopus Ventures backs £5m GetOptics buyout
Octopus Ventures has backed the £5m merger of contact lens businesses GetLenses and PostOptics, creating the new entity GetOptics.
GERMANY - Private equity circles Primondo
According to press reports, Cerberus, Golden Gate and Sun Capital Partners are among potential suitors for Primondo GmbH, which is being sold by administrator Klaus Hubert Görg.
FRANCE - AXA PE abandon Avera pursuit
AXA Private Equity has pulled out of a possible deal to acquire state-backed Areva's power distribution unit.
ITALY - BlueGem and MPS acquire Neomobile
UK-based private equity fund BlueGem and existing investor MPS Venture have acquired a controlling stake in mobile marketing business Neomobile.
GERMANY - Private equity circles ratiopharm group
Private equity firms have shown interest in acquiring drugs company ratiopharm group, which is being put up for sale by VEM Vermögensverwaltung GmbH.
SPAIN - Atlas Capital acquires Serviocio
Atlas Capital Private Equity has completed the first acquisition of its EUR 90m maiden fund, acquiring sports facilities management firm Serviocio. The company's management and founding partners retain a minority stake.
UK - Sovereign Capital backs £18m acquisition of London Care
Sovereign Capital has backed the £18m buyout of London Care plc, one of the largest domiciliary care businesses in the UK.
FRANCE - HIG to take over Molex
According to reports, HIG Capital is in talks to acquire US automotive company Molex's Villemur-sur-Tarn factory for a symbolic EUR 1, given certain performance guarantees from US parent Molex.
GERMANY – Riverside acquires Kaul GmbH
The Riverside Company has acquired additives company Kaul GmbH, with equity from its European Fund REF IV, and acquisition debt provided by Unicredit Markets, Investment Banking and Berenberg Bank.
UK - NJD Capital backs buyout of HFW Plastics from administration
Listed venture investor NJD Capital has backed the buyout of HFW Plastics from KPMG adminstrators in a deal believed to be worth over £350,000. The deal will see the formation of a new company called Thermopak.
FRANCE - Blackstone and Lion Capital to sell Orangina
Blackstone and Lion Capital have announced that they are in discussions with Japanese drinks company Suntory regarding the sale of soft drinks producer Orangina Schweppes.
ITALY - Bridgepoint interested in Sia-Ssb
It is understood that European private equity firm Bridgepoint is preparing an offer for card processing business Sia-Ssb, which has been on the block since Autumn 2008.
UK - RCapital backs acquisition of Helena assets
Turnaround specialist RCapital has backed the company voluntary agreement (CVA) of troubled nightclub operator Helena Leisure Group.
UK - Synova Capital acquires ClearWater Care
Mid-market investor Synova Capital has acquired specialist care provider Clearwater Care for an undisclosed sum.
FRANCE - EPF invests EUR 8m into EMG
EPF Partners has invested EUR 8m into online marketing company Etoile Media Group, taking a minority share in the company. The transaction was supported by debt provided by Société Générale and HSBC.
SPAIN - Investindustrial acquires 50% stake in PortAventura
Investindustrial has acquired a 50% stake in theme park PortAventura from Criteria CaixaCorp, a Spanish listed vehicle controlled by savings bank La Caixa, via a EUR 95m capital increase.
FRANCE - Serena Capital purchases 30% of Selectron
Serena Capital has completed its first LBO deal with the acquisition of a 30% stake of Selectron, a company focused on train applications, from Schneider Electric.
UK - LDC backs MBO of Icon Polymer
LDC has backed the management buyout of manufacturing business Icon Polymer for an undisclosed sum.