Buyouts
UK - Charterhouse acquires Tunstall for £514m from Bridgepoint
Charterhouse Capital Partners has purchased telecare systems business Tunstall Group from incumbent backer Bridgepoint in a £514m deal.
ITALY – Batra brothers and Barclays acquire sports brand Fila
Indian brothers Rajiv and Rajesh Batra, alongside Barclays Ventures, have acquired sports clothing manufacturer Fila in a deal valued at approximately EUR 100m.
ITALY – Private equity interested in fashion house Cavalli
According to reports a number of private equity firms have shown an interest in bidding for prêt-à-porter house Roberto Cavalli.
FRANCE - CM-CIC Capital Privé backs buyout of EPS
CM-CIC Capital Privé has acquired industrial cleaning company EPS. CM-CIC funded the deal through its FIP Select Paris Rhône 5 and FIP Select France 6 funds.
GERMANY - Grainville Baird leads buy-out of Siemens division
A consortium including Granville Baird and T-Mobile Venture Fund have acquired the wireless modules business of Siemens AG for an undisclosed sum. The transaction is expected to close in the second quarter of 2008.
SPAIN – Rhône Capital interested in wholesaler El Árbol
According to reports, French firm Rhône Capital is considering a bid for Spanish wholesaler El Árbol.
UK – YFM in £6m MBO of Fishawack
YFM Private Equity has invested £2.55m to back the £6m MBO of Fishawack, a specialist medical communications business. Other investors included the Chandos Fund which invested £2.05m and the British Smaller Companies VCT which invested £0.5m. Co-op...
UK - HSBC backs £77m SBO of Britton Group
HSBC Private Equity has acquired plastic packaging manufacturer Britton Group from LDC for £77m.
SWEDEN - Procuritas acquires Olivia Group
Procuritas has acquired the majority of the shares in Olivia Group, a company that specialises in personal assistance for functional impaired individuals and elderly care services, for an undisclosed value. The management and its founder, Karsten Inde,...
UK – LDC backs £27m MBO of Davies Chartered Loss Adjusters
LDC has invested £8.6m in the £27m MBO of Davies Chartered Loss Adjusters, a provider of loss adjusting and associated claims services to the insurance industry.
DENMARK - AAC Capital and Polaris in BabySam MBO
AAC Capital Partners and Polaris Private Equity agreed to acquire a majority stake in BabySam as part of an management buyout of the business for an undisclosed value.
ITALY – Palladio acquires industrial manufacturer Emer
Palladio Finanziaria has acquired specialised industrial manufacturer Emer in a club deal led by Pop Milano Venice which also included Mps Capital Services and Efibanca. The value of the transaction has not been disclosed but according to sources it is...
SPAIN – First Reserve acquires Gamesa Solar
US-based private equity house First Reserve Corporation acquired energy producer Gamesa Solar from Gamesa, in a deal valued at approximately EUR 261m.
NETHERLANDS - Deutsche Beteiligung buys ICTS Europe
Deutsche Beteiligung and DBAG Fund V have together acquired ICTS Europe, a company specialising in security services for airports and airlines, for EUR 100m. A co-investment by ICTS Europe's management is planned.
NORWAY – Borea invests in Ocea
Borea Opportunity II AS has invested in Ocea Holding AS, a supplier of technology to the fish farming and aquaculture industry.
UK - Close Growth Capital acquires Blueberry from 3i for £12m
Close Growth Capital has backed the £12m secondary management buyout of ambient food supplier Blueberry Group Ltd from 3i. 3i acquired Blueberry in 2005.
ITALY - Opera leads Vetrerie Riunite buyout
Opera has led the acquisition of glass manufacturer Vetrerie Riunite alongside private equity operator DGPA. The investors have acquired 52% and 24% stakes respectively. The remaining 24% is held by the vendors who reinvested in the company.
SPAIN – Private equity interest in Kelme sportsware
Private equity house Tirant, supported by the Valencia Finance Institute (IVF) and the regional government are among the bidders for sport shoes company Kelme.
UK - Beringea backs MBO of Path Group
Beringea has backed the £7m management buyout of Path Group Plc, distributors of consumer electronic accessories. Beringea invested from its ProVen VCT and ProVen Growth & Income VCT funds for this deal.