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Expansion

FRANCE - Predica joins Duke Street as Proclif backer

Duke Street Capital has sold a stake in French private healthcare group Proclif to Predica, a subsidiary of Crédit Agricole, for EUR 70m. Following the deal, Duke Street's stake decreases from 80% to a majority 50.1% share of the business, with Predica...

  • Expansion
  • 23 July 2009
IRELAND - Imperative raises EUR 30m

Reports suggest that Irish renewable energy company Imperative Energy has received EUR 30m in funding from an undisclosed London-based venture firm.

  • Expansion
  • 23 July 2009
AUSTRIA - Carlyle-backed UC4 acquires Senactive

Carlyle Group portfolio company UC4 Software has acquired Senactive IT-Dienstleistungs GmbH, a company active in complex event-driven business process modelling technology.

  • Expansion
  • 22 July 2009
UK - Endless backs £30m Vasanta restructuring

Turnaround specialist Endless has invested an undisclosed sum into office supplies business Vasanta as part of a restructuring, which will see £30m of new capital injected into the business alongside a significant reduction in its debt burden.

  • Expansion
  • 21 July 2009
SPAIN - Next acquires 50% stake in Dileoffice

According to reports, Next, the private equity arm of the Alicante region, has acquired a 50% stake in office furniture manufacturer and distributor Dileoffice, via a EUR 3.4m capital increase. The balance is retained by the company's founders.

  • Expansion
  • 17 July 2009
GERMANY - HeidelbergCapital acquires majority in Accovion

HeidelbergCapital-backed business service provider Accovion GmbH has completed a restructuring that has seen the private equity investor increase its stake to a majority interest.

  • Expansion
  • 17 July 2009
FRANCE - AXA PE increases stake in Planisware

AXA Private Equity has increased its equity stake in Planisware, a software company, to just over 30%. The transaction saw LB3A exit its shareholding in the company.

  • Expansion
  • 16 July 2009
UK - Succes Europe et al. invest £3m into Helveta

French technology investor Succes Europe has led a £3m second funding round for timber track and trace technology provider Helveta Ltd, alongside existing investors Albion Ventures and Oxford Capital Partners.

  • Expansion
  • 14 July 2009
UK/DENMARK - Index leads £10.5m Just-Eat funding

Index Ventures, alongside Venrex Investment Management and existing shareholders, has led a series-A funding round for online meal order business, Just-Eat, raising £10.5m.

  • Expansion
  • 14 July 2009
UK - MMC Ventures invests £1.1m into E-Stack

MMC Ventures has invested £1.1m into cleantech company E-stack.

  • Expansion
  • 13 July 2009
ITALY - Foresight signs project financing for 6MW Puglia solar project

Foresight Group has signed a €25m project financing with West LB and Barclays as mandated lead arranger for the financing of a 6MW solar PV project to be constructed in the Puglia region of Italy.

  • Expansion
  • 13 July 2009
FRANCE - Idia et al. provide Elitech with EUR 9m

Idia Participations, a subsidiary of Crédit Agricole, has invested EUR 9m in Financere Elitech, a biotech holding company, alongside Naxicap Partners, Banque Populaire Développement, BNP Paribas Développement and Synergie Finance.

  • Expansion
  • 10 July 2009
SWEDEN - Ledstiernan increases Katsching stake to 62%

Swedish private equity firm Ledstiernan has acquired a further 14% stake in online mobile retailer Katshing, increasing its stake from 48% to 62%.

  • Expansion
  • 10 July 2009
Switzerland/Germany - Ventizz merges portfolio companies

Ventizz has merged the business activities of Switzerland-based electronic manufacturing service company AEM Technologies Holding AG and Germany-based card manufacturer CardFactory AG.

  • Expansion
  • 10 July 2009
FRANCE - Siparex and Rhônes-Alpes invest EUR 1.2m into Aktor

Siparex, via its fund Siparex Proiximité 3, and the regional Rhônes-Alpes fund have backed invested Aktor Interactive, a human resources marketing firm, with EUR 1.2m

  • Expansion
  • 09 July 2009
UK - MMC Ventures leads £1.4m follow-on investment for The Practice

MMC Ventures has led a follow-on investment in healthcare company The Practice, alongside existing angel investors. MMC invested £1.1m of the £1.4m round, bringing its total investment in the company to £3.4m.

  • Expansion
  • 09 July 2009
UK - Amadeus et al-backed Aeopona acquires Valista

Venture capital-backed telecom software provider Aeopona Limited has acquired Dublin-based Valista, a provider of payment, settlement and service solutions to mobile and broadband operators, for an undisclosed sum. Aeopona's backers include Amadeus Capital...

  • Expansion
  • 09 July 2009
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.

  • Expansion
  • 08 July 2009
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.

  • Expansion
  • 08 July 2009
UK - LEF invests £1m into Rapid Action Packaging

Ludgate Environmental Fund (LEF) has provided environmental packaging company Rapid Action Packaging (RAP) with a £1m working capital facility, structured as a loan with warrents.

  • Expansion
  • 08 July 2009
UK - MMC Ventures further invests £1.3m into Clash-Media

MMC Ventures has completed a follow on investment worth more than £1m into digital media company Clash-Media.

  • Expansion
  • 08 July 2009
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.

  • Expansion
  • 08 July 2009
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.

  • Expansion
  • 08 July 2009
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.

  • Expansion
  • 07 July 2009
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