Buyouts
DENMARK - Dania Capital acquires YORK Novenco
Dania Capital has signed an agreement to buy the YORK Novenco Group from YORK Denmark for an undisclosed sum.
UK - Duke Street Capital buys global engineering firm
Duke Street Capital (DSC) has agreed to acquire Deloro Stellite from Vision Capital for an undisclosed sum.
GERMANY - capiton buys grocery logistics specialist
capiton has invested in the Steco Group as part of an expansion and replacement financing. Steco is a logistics services company, that operates a pool of reusable plastic crates for the grocery industry, mainly used for the transport of fruits and vegetables....
UK - Bank of Scotland Corporate backs Mayflower BIMBO
Bank of Scotland Corporate has provided an integrated debt and equity package to support the Buy-In Management Buy-Out of Mayflower Technology Ltd in a deal of undisclosed value. As part of the transaction, Bank of Scotland Corporate has taken a significant...
NORWAY - Four Seasons Venture buys back TeamTec
Four Seasons Venture has invested in Norwegian TeamTec AS, a company it divested last summer.
ITALY - MCC-Sofipa invests in Vending System Italia
MCC Sofipa SpA, the private equity fund managed by Gruppo Capitalia, has acquired 70% of Vending System Italia SpA. The total value of the transaction has not been revealed although MCC Sofipa invested EUR 8.5m of equity through Sofipa Equity Fund. The...
FRANCE - BPE acquires Sogetrel for EUR 90.3m
ABN AMRO Capital and BBS Capital have agreed to sell Sogetrel to management and Barclays Private Equity France for an enterprise value of EUR 90.3m, subject to regulatory approval.
Minerva Capital acquires Indiba
Minerva Capital, the Spanish private equity funds advisor, has acquired 80% of Indiba, a developer of electro-medical equipment with an enterprise value of EUR 20m. The management team has also taken a 10% shareholding with an option to buy the remaining...
Barclays Private Equity France leads purchase of Amstutz Levin
Barclays Private Equity has led the purchase of Amstutz Levin, located near Belfort (Alsace, France) for an undisclosed amount. The company with a turnover of about EUR 40m is a leading designer and manufacturer of small metal components for the French...
Permira in $765m US deal
Permira has announced that a new holding company advised by Permira funds has signed a definitive agreement to acquire Aearo Technologies Inc., one of the world’s leading designers, manufacturers and marketers of a broad range of personal protective...
Granville Baird backs buyout of Paddock Fabrications
Granville Baird Capital Partners (GBCP) has backed the management buyout of Paddock Fabrications Ltd from private vendors. The £8.9m investment is the second UK transaction from GBCP’s 7th Fund and was supported by a debt package provided by Royal...
Clave Mayor completes MBI of Beal Trading
Funds managed by the Spanish private equity firm Clave Mayor have acquired a 70% majority stake in Beal Trading. The total value of the transaction has not been disclosed.
Matrix backs buyout of Vectair Systems
Vectair Systems Ltd, a leading provider of air care and sanitary washroom products, has been sold by private investors, including its co-founder to its management team in a £3.5m management buyout. Matrix Private Equity Partners invested £1.1m with...
Terra Firma in $2.5bn aircraft leasing buyout
Terra Firma, the private equity group, has announced the acquisition of AWAS Aviation Holdings LLC (AWAS) for $2.5bn from Morgan Stanley. The acquisition is being funded by a mixture of equity and debt underwritten by JP Morgan, which also acted as financial...
STAR Capital in German double
STAR Capital Partners, the European investment fund focused on investing in capital intensive businesses, has announced the completion on 30th December 2005 of two new deals in Germany: Abellio GmbH and GSES GmbH. The combined equity investment (including...
Initiative & Finance and Carvest acquire M&A Santé Beauté
Initiative & Finance has recently released details of the buyout of M&A Santé Beauté alongside the firm's management led by Bernard and Philippe Chevilliat. The investor provided a total of EUR 2.2m; Carvest also made an undisclosed equity investment.
HMV shares up on possible buyout rumours
According to a report in The Sunday Times, music and book retailer HMV is being lined up for an approach from a private equity firm. The speculation centres on plans by Permira to acquire the company for around £800m.
Granville Baird leads Paddock MBO
Granville Baird Capital Partners, the international mid-market private equity firm, has today invested £8.9m in Paddock Holdings Ltd, the UK market leader in the design and manufacture of high quality, multi point door locks. The funding from Granville...
Second German newspaper buyout for Veronis-Mecom Consortium
US private equity media specialist Veronis Suhler Stevenson, alongside British Mecom Plc, has acquired German Morgenpost Verlag GmbH from former shareholders Hans Barlach and Josef Depenbrock for an undisclosed sum. The deal is the consortium's second...
First investment for Perfectis II
Perfectis Private Equity has made its first investment via Perfectis II, backing the secondary buyout of SAM +. Alliance Entreprendre and Paluel-Marmont Capital, which backed the original buyout in 2003, have reinvested in the company. Its CEO, Bernard...
BPE buys Robinia from LDC
Barclays Private Equity, the pan-European mid-market private equity house, today acquired Robinia, one of the specialists in the provision of intensive support services for adults and young people with learning difficulties, in a secondary management...
Inflexion backs MBO of Viking Moorings
Inflexion Private Equity, the mid-market private equity investor, has led the £22m MBO of Viking Moorings (formerly Balmoral Marine), the market leader in the design, hire and sale of mooring systems and associated products to the North Sea offshore...
Barclays Ventures buys Accura from Nova
Barclays Ventures has acquired Accura Support Services from Nova Capital Management for £11.9m in a buy-in management buy-out (BIMBO). Senior debt was provided by Bank of Scotland Corporate.
Riverside closes third acquisition of the year
Opening up a flow of business into the chemical and pharmaceutical industries in Europe and China, The Riverside Company has announced the purchase of ITT Richter Chemie-Technik GmbH, a leading supplier of pumps, valves, controls and related services...