Expansion
NORWAY - STF and Northzone back Innotech Solar with EUR 6m
Swedish venture capital fund Sustainable Technologies Funds and Norway-based technology investor Northzone Ventures has invested EUR 6m into Innotech Solar AS (ITS), a clean energy company.
SPAIN - Inversiones Perseo to acquire 25% stake in AlgaEnery
It is understood that Inversiones Financieras Perseo, the private equity arm of utilities firm Iberdrola, is in the process of acquiring a 25% stake of alternative energy producer AlgaEnergy.
UK - LEF invests £1m into Rapid Action Packaging
Ludgate Environmental Fund (LEF) has provided environmental packaging company Rapid Action Packaging (RAP) with a ТЃ1m working capital facility, structured as a loan with warrents.
UK - MMC Ventures further invests £1.3m into Clash-Media
MMC Ventures has completed a follow on investment worth more than ТЃ1m into digital media company Clash-Media.
FRANCE - NextStage leads EUR 10m investment into Elbée
NexStage has joined returning investors Xange Private Equity and OTC Asset Management in a EUR 10m investment into Elbée Group, the operator of home furnishing websites Delamaison and Decoclico.
FRANCE - CDC and Innovacom invest EUR 1.5m into Maeglin
CDC Innovations and Innovacom have invested EUR 1.5m into Maeglin Software, a mobile software company, in a second round of financing.
FRANCE - Naxicap invests EUR 5.75m into GSM Consulting
Naxicap Partners has invested close to EUR 6m into cost reduction consultant GSM Consulting, taking a 24% stake in the business.
GERMANY - BayTech Venture Capital leads EUR 5m inge funding
BayTech Venture Capital GmbH has led a EUR 5m funding round for water membranes company inge watertechnologies AG, alongside historic investors Taprogge Watertech, Emerald Cleantech Fund, Sustainable Performance Group, Siemens Venture Capital, StoneFund...
GERMANY - Neuhaus and HTGF close antispameurope funding
Neuhaus Partners and High-Tech Gründerfonds (HTGF) have invested an undisclosed amount into e-mail security business antispameurope in a second round of funding.
UK - Silver Lake-backed i2 acquires KCC
Intelligence and investigation management software provider i2, a portfolio company of Silver Lake Partners, has agreed to acquire Arizona-based Knowledge Computing Corporation (KCC).
UK - Celtic Pharma backs £13m Novacta funding
Biotechnology-focused investor Celtic Pharma has participated in a ТЃ13m funding round for drug discovery company Novacta Biosystems, alongside existing investors. The capital will be payable against pre-agreed milestones.
GERMANY - BayBG supports Core-Competence
BayBG has invested an undisclosed sum into web-based training company Core-Competence, acquiring a minority stake in the business.
FRANCE - AXA PE invests in INDOM
AXA Private Equity has invested an undisclosed sum into domain broker INDOM, taking a stake of around 15%.
UK - BC Partners backs EUR 1.7bn Baxi merger
BC Partners-backed boiler maker Baxi has agreed to a EUR 1.7bn merger with Dutch rival De Dietrich Remeha Group, with the private equity house investing EUR 100m to support the transaction.
BELGIUM - BNP completes EUR 1.6m Eurogentec investment
French investor BNP Paribas Private Equity has invested EUR 1.6m into biotech business Eurogentec.
FRANCE/GERMANY - Gores-backed Sagen buys Gigaset assets
Sagem Communications, backed by US investor Gores Group, has acquired the broadband and WiMAX business of Gigaset Communications GmbH, a subsidiary of industrial holding Arques AG and Siemens AG.
SPAIN - Debaeque invests EUR 2.75m into Apesoft
Venture capital house Debaeque has invested close to three million into software firm Apesoft.
GERMANY - BPE's Premiumcommunications acquires adm
Barclays Private Equity (BPE) portfolio company Premiumcommunications Group, a call centre services business, has acquired sector player adm group for an undisclosed sum.
UK - Chrysalis backs Escape Studios
Venture capital trust Chrysalis has invested an undisclosed sum into computer graphics school Escape Studios.
NETHERLANDS - 3i and H.I.G provide EUR 17.2m new equity for VNU Media
3i-backed VNU Media has finally reached an agreement with its lender over its EUR 100m debt. The firm has been in talks with banks since January this year.
GERMANY - CFH invests EUR 2m into Synteks
CFH Beteiligungsgesellschaft mbH has invested EUR 2m in automotive supplier Synteks Umformtechnik GmbH.
UK - Foresight invests £4m into Crumb Rubber
Foresight Group has invested ТЃ4m into tyre recycling company Crumb Rubber Ltd.
UK - YFM invests £125,000 in Brandzoo
YFM Venture Finance, via its Partnership Investment Fund (PIF), has invested ТЃ125,000 into licensing agency Brandzoo.
SWEDEN - InnKap et al. acquire 90% stake in Projectplace
Investor AB's venture arm, Investor Growth Capital (IGC), has, alongside InnovationsKapital and ViaVenture, acquired a 90% stake in Projectplace, a provider of web-based online collaboration tools. The three investors acquire a 30% stake each, while the...