Expansion
Fitness investments: Working their way back to health
The recent wave of private equity-backed expansion deals in the gym industry suggests it is a sector in rude health. Francois Rowell investigates.
Beringea pumps £1.5m into Tossed
International venture capital company Beringea has backed restaurant group Tossed with £1.5m development funding to back the group’s growth.
CPE leads €9m round for Nualight
Climate Change Capital Private Equity (CPE), has led a €9.1m funding round in Nualight Ltd, a manufacturer of LED lighting solutions for the retail sector.
Graphite backs Third Space expansion
Graphite Capital has supported gym portfolio company The Third Space’s £2m expansion plans to build a second London gym at the Marylebone Hotel.
Sovereign’s City & Country acquires Sterling
Sovereign Capital-backed domiciliary care provider, City & Country (formerly London Care), has acquired Sterling Homecare Limited as its first bolt-on.
Butler-backed César raises €5.52m
Butler Capital Partners–backed César, a costume company, has raised €5.52m on the stock exchange, making use of an extension clause.
Private equity activity subdued despite industry optimism
European private equity remained subdued in early 2010 despite relative optimism over the economy, according to the unquote” Private Equity Barometer.
I-Source lead €3m Compario financing
I-Source has led a €3m first round of financing in Compario, an e-commerce company, along side XAnge Private Equity.
NextStage exits interest in Groupe Gruau
NextStage has exited its investment in Groupe Gruau, a commercial vehicle converter, selling its stake back to Patrick Gruau and reaping a 2.36x multiple on its initial investment.
Eurazeo invest €50m in Fonroche
Eurazeo has invested €50m in Fonroche, a renewable energy company, as part of its new ‘Eurazeo Croissance’ strategy to commit €500m to French SMEs over the next five years.
Orkos leads $4m investment in MXP4
Orkos Capital has led a $4m third financing round in MXP4, a music technology platform, alongside returning investors Sofinnova Partners and Ventech.
123Venture and Solairedirect invest €8.5m in EthicOhm
123Venture and Solairedirect have provided their joint venture, solar energy company EthicOhm, with €8.5m of financing.
Octopus Capital invests £1.3m into Gymbox
Octopus Ventures has invested £1.3m into health club business Gymbox.
Investindustrial on the look out for new Inaer investor
Market sources indicate Southern Europe private equity house Investindustrial is seeking a new investor for its international helicopter business Grupo Inaer.
CA Private Equity injects €4m into oclio
Crédit Agricole (CA) Private Equity has invested €4m in oclio, an online puericulture company.
MMC Ventures invests in Creativity Software
MMC Ventures has provided growth financing to mobile telecommunications software designer Creativity Software in return for a significant minority stake.
Maven invests £2m in Neolab
Maven Capital Partners has invested £2m in Neolab Limited to fund the company's growth.
Siparex et al in €2m round for Aztec
A group of investors including Rhône-Alpes Création, Expansinvest, Siparex et Haute Savoie Demain have injected €2m in Aztec.
Kernel Capital et al. invest in ChipSensors
Kernel Capital has led Enterprise Ireland and London-based ETV Capital in a €2m investment in developer of microchip manufacturer, ChipSensors.
AXA PE backs SynerLAB build up
AXA Private Equity has supported its portfolio company The SynerLAB Group in the acquisition of Pharmaster, a third party manufacturer in sterile, liquid preservative-free forms.
LDC backs United House expansion
Mid-market firm LDC has backed the expansion of United House, the social and private housing specialist.
Investinor invests NOK 50m in Ziebel
Investinor has led a NOK 71m investment round in oil service company Ziebel AS, contributing NOK 50m.
Duke Street and Partners inject a further £30m into Oasis
Duke Street and Partners Group are backing dental chain Oasis Healthcare development plans. The fresh equity capital and a new acquisition facility will give Oasis access to up to £50m of growth capital to upgrade its existing estate, acquire established...
Balderton backs InterResolve
Balderton Capital has invested an undisclosed sum in independent injury claims company InterResolve.