Buyouts
NETHERLANDS - Private Plus and Heicop acquire Lightweight Structures
Private Plus Fund and Heicop together with the management have acquired all shares in Lightweight Structures.
NETHERLANDS - CapVest backs buyout of Drie Mollen from Gilde and AAC
CapVest Equity Patners II LP has acquired a majority stake in Drie Mollen International BV, a Dutch-based coffee company, from Gilde and AAC. Gilde and AAC, together with the management, acquired Drie Mollen in November 2002 in a management buyout.
UK - Alchemy hungry for Regent Inns
Alchemy Partners is reported to be interested in acquiring struggling pub owner Regent Inns, the operator of pubs including Walkabout and Old Orleans. The listed-group's share price rose by 27% on the news of a possible to takeover, to 21p. At 21p per...
ITALY - AXA Private Equity acquires hydraulics company
Axa Private Equity has backed the management buyout of hydraulics group Idroma.
UK - Vitruvian completes first deal with £55m acquisition of Latitude
Vitruvian Partners has completed its first deal, acquiring a majority stake in marketing agency Latitude Group Ltd as part of the ТЃ55m management buyout of the company.
UK - Octopus backs £15m buyout of broadcast media agency
Octopus Investments has supported the ТЃ15m buyout of Bruce Dunlop & Associates (BDA). Octopus has invested ТЃ5m from its equity and mezzanine funds to take a minority stake in broadcast media agency BDA. The deal was introduced to Octopus by Baker Tilly....
FRANCE - Colony Capital becomes majority shareholder in football club
US-Colony Capital has become the majority shareholder in football club Paris-Saint Germain (PSG) with a 61.6% stake.
UK - Octopus backs £9.75m MBO of Tristar
Octopus Investments has invested ТЃ4.8m to support the ТЃ9.75m management buyout of Tristar Worldwide Chaffeur Services, with Barclays providing senior debt and invoicing discount facilities.
ROMANIA - Royalton acquires a 95% stake in CertAsig
Royalton Capital Investors II has acquired, directly and through a capital increase, a 95% stake in CertAsig, a Romanian insurance company, from a consortium of Spanish investors.
GERMANY – EquiVest acquires REGE Motorenteile
EquiVest, managed by CBR Management GmbH, has acquired REGE Motorenteile GmbH & Co KG from parent company Schaeffler AG. REGE manufactures parts for the automotive industry and is based in Herzogenaurach. The company has two manufacturing plants in Eisenach...
UK - Electra Quoted Management acquires Peter Werth
Electra Quoted Management has led the ТЃ10m+ management buy-in of men's clothes brand Peter Werth. Clydesdale Bank provided a debt package to support the deal which represents an exit for founder Peter Werth.
UK - Blackstone edges closer to Close Brothers deal with £1.6bn offer
According to sources, Blackstone is prepared to pay up to 1,100p per share for Close Brothers. The offer represents a market capitalisation of ТЃ1.6bn for the London-listed investment bank.
SWEDEN - Litorina Kapital creates Scandinavian IT security group
Litorina Kapital III has created a new IT security group through its acquisition of three companies: Coromatic, Metric Power and Scanpocon, for an undisclosed sum.
CEE - Aurora Russia invests £16.1m for a 24.3% stake in SuperStroy
Last December Aurora Russia Ltd announced an investment of £16.1m in cash for a 24.3% stake in Grindelia Holdings Ltd which owns 99.5% of Russian retail chain SuperStroy. Aurora Russia's investment will take the form of new equity and will be used to...
CEE - Consortium led by Columbia Capital to take over GTS Central Europe
A consortium of funds led by Columbia Capital, M/C Venture Partners and Innova Capital is set to take over Central Europe’s telecoms service provider, GTS Central Europe. The transaction is expected to close in the first quarter of 2008.
UK - Dunedin invests £9m in Formaplex
Dunedin has invested ТЃ9m in Formula 1 and prototyping specialist Formaplex. The deal represents Dunedin's seventh investment in a specialist engineering business.
GERMANY - Cognetas acquires Gebrüder Gienanth-Eisenberg
Cognetas has acquired engineering business Gebrüder Gienanth-Eisenberg GmbH from Fink Holding, a family holding company, for an undisclosed sum. The transaction is expected to complete in early 2008. Gienanth was founded in 1735, is headquartered in...
FRANCE – Argos Soditic completes MBO of ORSYP
Argos Soditic has backed the management buyout of ORSYP, a Paris-based provider of enterprise job scheduling solutions and IT services. The deal aims to move ORSYP from a medium-sized company to a global leader in IT solutions. The financial details of...
UK - Blackstone approaches Close Brothers
Blackstone has approached UK investment bank Close Brothers about a possible takeover deal. According to reports Blackstone could offer in the region of 1,000-1,040p per share.
GERMANY - Halder acquires VAG-Armaturen GmbH
Halder has acquired VAG Armaturen through a management buyout from Equita Beteiligungen Fonds 2 KG, Bad Homburg. The financial details of the deal were not disclosed. VAG-Armaturen designs, produces and distributes industrial valves and fittings for...
FRANCE - Montefiore Investment acquires 60% of Asmodée
Montefiore Investment has acquired a 60% stake in Asmodée in a deal worth between EUR 40-50m, which sees Naxicap Partners exit its 20% share of the company. The management retains 40%.
DENMARK - Via Venture Partners acquires Detail Data Danmark
Via Venture Partners has completed the BIMBO of Danish software company, Detail Data Danmark A/S. The Detail Data management team have invested in the deal alongside new CEO Peder Falck.
UK - BOSIF backs Charterhouse Print Management
Bank of Scotland Integrated Finance has acquired a 20% stake in marketing print management company Charterhouse Print Management. BOSIF's combined debt and equity investment enhances the equity participation of the senior management team and facilitates...
GERMANY – BAVARIA Idustriekapital buys Elcoteq
BAVARIA Industriekapital AG has acquired Elcoteq Communications Technology GmbH, based in Offenburg, for an undisclosed sum. Finnish Elcoteq Group, a supplier of electronic goods, has divested the business due to its changed role in Elcoteq’s global production...