Buyouts
UK - Octopus acquires Smollensky's restaurant group
Octopus Private Equity has supported the acquisition of London restaurant group Smollenskyтs. Octopus has committed ТЃ6m alongside senior debt from Alliance & Leicester to support the acquisition. Octopus is backing restaurateur Paul Lilley, whose past...
UK - BOSIF backs SBO of M&H Plastics from CCMP Capital
Bank of Scotland Integrated Finance has backed the secondary management buyout of Maynard & Harris Plastics (M&H) from CCMP Capital. CCMP completed the deal on behalf of JP Morgan Partners, CCMP having spunout of JP Morgan Partners in August 2006. The...
FRANCE - OFI Private Equity succesfully delists IMV Technologies
OFI Private Equity has acquired 96.45% of artificial insemination products manufacturer IMV Technologies, giving the private equity firm a large enough shareholding to delist the business from Euronext Paris.
FRANCE - XAnge invests in IPS alongside MBO Partenaires
XAnge has taken a 22.6% stake in fire equipment maintenance business IPS, alongside existing investor MBO Partenaire, which retains 35.1% of the equity.
UK - 3i thought to be amongst bidders for United Utilities distribution arm
3i is thought to be one of a handful of private equity firms considering a bid for the electricity distribution arm of United Utilities. United Utilities has appointed Deutsche Bank to conduct the sale of the business formerly known as Norweb which serves...
UK – IMAC in £10m digital marketing acquisition
Ingenious Media Active Capital will invest up to ТЃ10m to back the acquisition of integrated marketing communications agency of Rise Communications.
FRANCE - Banque de Vizille backs Adetel build-up
CIC Banque de Vizille (CICBV) has invested EUR 800,000 in equity and EUR 2m in convertible bonds in a group comprising electronic industrial systems company Adeteal and CICBV portfolio company electronic small parts manufacturer ICRA.
GERMANY - Zurmont Madison acquires Röder Group
Zurmont Madison Management AG has acquired a 75% stake in tent systems provider Röder Group from the company’s management for an undisclosed amount. Röder Zeltsysteme und Service AG is headquartered in Büdingen, near Frankfurt/Main, and focuses on developing,...
GERMANY - Macquarie-led consortium snatches real-estate web portal
Australian investment group Macquarie and media business Publishing & Broadcasting have acquired 66.22% of property internet portal Immobilien Scout GmbH, in a deal valuing the business at EUR 540m.
FRANCE - Paluel-Marmont backs MBI of wine label business
Unquote" has learned that in the context of an MBI, Paluel-Marmont Capital has acquired 46% of Imprimerie Etienne, a printer of adhesive labels and marketing materials for the wine industry. Bred arranged the leverage.
FRANCE - Concortium backs secondary buyout of Bref Service
Galia Gestion, Socadif, Avenir Entreprises and Alliance Entreprendre have backed the secondary buyout of electrical engineering interim agency Bref Service.
DENMARK - Polaris Private Equity acquires Hansen & Pedersen
Polaris Private Equity has acquired a majority shareholding in Hansen & Pedersen, a Danish gentlemen clothing retailer for an undisclosed value.
FRANCE - Osiris backs turnaround of cooperative retailer Camif Particuliers
Osiris Partners has invested EUR 25m in Camif Particuliers, a loss-making cooperative multi-specialist retailer.
UK – Hutton Collins scales £150m Everest deal
Hutton Collins has acquired a 21.5% stake in home improvement company Everest in a deal that values the company at ТЃ150m.
UK - Bowmark invests in travel services provider JAC Group
Bowmark Capital has invested ТЃ11m in b2b travel services provider JAC Group. Royal Bank of Scotland provided an unspecified amount of additional senior debt to support the deal.
FRANCE - EdRIP leads buyout of Captain Tortue
Edmond de Rothschild Investment Partners, Defi Gestion and BNP Paribas Développement have backed the owner buyout of children and women's pret-a-porter brand Captain Tortue.
FRANCE - Crédit Agricole Private Equity invests in temporary work agency
Crédit Agricole Private Equity and regional fund Sofipaca have invested less than EUR 10m in equity in exchange for a minority stake in Proman, a temporary work agency.
FRANCE - Naxicap backs ip-label
Naxicap Partners has backed the leveraged buyout of ip-label, a company which measures the perceived quality of digital services and applications.
NORWAY - NorgesInvestor creates Nordic music chain
NorgesInvestor has together with Pål Asplin created a new retail chain for music instruments, Music Retail Holding (MRH). Pål Asplin presented the idea for NorgesInvestor to acquire the four largest stores and create one holding company. The investor...
FRANCE - Pragma and EdRIP back buyout of Nasse-Demeco
Pragma Capital and Edmond de Rothschild Investment Partners are backing the buyout of removal services group Nasse-Demeco.
FRANCE - Cinven and Altice to acquire Completel for EUR 724m
Cable group Altice and buyout house Cinven have announced they plan to acquire Euronext-listed B2B telecommunications operator Completel, in a deal valuing the company at EUR 724m.
SPAIN - TPG-led consortium to lower bid for Iberia
It is widely reported that the consortium led by Texas Pacific Group (TPG) will lower its intended bid of EUR 3.6 per share for Spanish airline Iberia.
ITALY - Private equity heavyweights court Wind
Blackstone is said to be a frontrunner in the much commented acquisition process of Wind. Buyouts houses Apax, Texas Pacific Group and Permira are also rumoured to have shown interest.
UK - NVM invests £3.35 in Promatic Group
NVM Private Equity has backed the ТЃ7.5m management buyout of Promatic Group, a clay pigeon trap business. Based in Cheshire, Promatic designs and fabricates its own branded clay pigeon launchers, supplying the sporting and leisure markets in the UK and...