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Expansion

SWEDEN - OxThera receives SEK 150m in new share issues

A consortium of investors has invested SEK 150m in OxThera AB, a Swedish pharmaceutical compnay. The previous investors HealthCap, Scandinavian Life Science Venture and Q-Med AB, were joined by Industrifonden and other private investors in the new share...

  • Expansion
  • 02 July 2007
SWEDEN - Moberg Derma raises SEK 27.7m for clinical trial

Moberg Derma AB, a Swedish pharmaceutical company, has raised SEK 27.7m to fund clinical phase II trial for a Novel treatment of nail fungus. The Baltic Sea Foundation (Östersjöstiftelsen) was the lead investor. Other institutional and private investors,...

  • Expansion
  • 02 July 2007
UK - Lyceum strengthens risk management portfolio company with acquisition

Lyceum Capital risk management portfolio company National Britannia Group Ltd (NBG) has acquired Corporate Health & Safety Solutions Ltd (CHSS). CHSS is a strong player in the safety, health and environmental professional training market. It offers training...

  • Expansion
  • 02 July 2007
FRANCE - Alyotech receives backing from Iris and CDC Entreprises

Iris Capital and CDC Entreprises have committed up to EUR 10m for technology consultancy group Alyotech.

  • Expansion
  • 27 June 2007
SPAIN - Banesto Enisa Sepi Desarrollo invests in Global Events ID

Madrid-based private equity firm Banesto Enisa Sepi Desarrollo has acquired 25% of event organiser Global Events ID Corporation.

  • Expansion
  • 27 June 2007
GERMANY - BayBG backs Via Optronics

BayBG has invested EUR 500,000 in LCD display manufacturer VIA Optronics. Part of the amount invested is carried out in the form of a 'stille Beteiligung'. The funding will be used to expand the company's production facilities and grow internationally.

  • Expansion
  • 25 June 2007
UK - Oxford Capital Partners provides waste-to-energy project with £2.5m

Oxford Capital Partners has provided Inetec Ltd with a follow-on funding round worth £2.5m. Inetec is a developer of waste-to-renewable-energy projects in the industrial food manufacturing sector. Existing investors Finance Wales and other new investors...

  • Expansion
  • 25 June 2007
UK - Finance South West backs DT Media

YFM-managed Finance South West has invested a substantial sum in software company DT Media. DT Media has just won a major contract to supply the German Air Force with military training software to reduce the risk of ‘friendly fire’. Finance South...

  • Expansion
  • 25 June 2007
UK - YFM invests £200,000 in The Alternative Energy Company

The Yorkshire and Humber Equity Fund, managed by YFM Group, has invested £200,000 expansion capital in energy equipment supplier and installer, The Alternative Energy Company Ltd. The funding round was boosted by a £50,000 investment from a business...

  • Expansion
  • 25 June 2007
FRANCE - Siparex leads investment in OneDirect

The fund Siparex Midcap and the fund SES Iberian I, which is co-managed by the Siparex and Portugal's Espírito Santo group, have invested more than EUR 3m for a minority ownership interest in OneDirect, a telephone hardware distributor.

  • Expansion
  • 22 June 2007
FRANCE - IT security specialist raises EUR 3m from EdRIP

Edmond de Rothschild Investment Partners (EdRIP) has invested EUR 3m in Exclsuive Networks, a distributor of IT security systems.

  • Expansion
  • 22 June 2007
NORWAY/SWITZERLAND - ReVolt Technology raises EUR 10m

ReVolt Technology AS, a developer of rechargeable Zinc-air batteries, has raised €10 million in second-round funding. Backers include Northzone Ventures, Sinvent, Sofinnova Partners, TVM Capital, Verdane Capital and Viking Ventures. Revolt Technologies...

  • Expansion
  • 20 June 2007
UK - Aberdeen commits £8.85m to oil and environmental services business

Aberdeen Asset Managers Private Equity has invested £8.85m of expansion capital in oil and environmental services provider Adler and Allan Ltd. Aberdeen takes a minority stake in the business.

  • Expansion
  • 20 June 2007
SWEDEN - Industrifonden leads consortium of investors in a $5.6m round in Movimento

Industrifonden has participated in a $5.6m funding round for Movimento, a desiger and manufacturer of tools for the automotive and transportation industry. Industrifonden itself has invested $2.8m in this round alongside a $2.8m commitment from existing...

  • Expansion
  • 18 June 2007
SWEDEN - Industrifonden invests SEK 9m in Accedo Broadband

Industrifonden, together with management and existing owners, have annouced that they will invest SEK 9m in Accedo Broadband, a distributor and developer of IPTV. The investment will be used to fuel product development and sales distribution in Europe,...

  • Expansion
  • 18 June 2007
NORWAY - HTV, Input/Output and Reservoir form joint venture

Hydro Technology Ventures (HTV) has formed a joint venture with Input/Output (I/O) and Resevoir Innovation, to deploy, pilot test and commercialise a full-wave seismic system for permanent monitoring of offshore reservoirs.

  • Expansion
  • 15 June 2007
UK - IMAC makes a further £3m investment in Digital Rights Group

Ingenious Media Active Capital Limited (IMAC) has made a further £3m investment in Digital Rights Group Limited (DRG). In December 2006, IMAC made an initial investment of £3m in the company.

  • Expansion
  • 14 June 2007
UK - LDC invests a further £15million in Commercial First

Mid-market private equity firm LDC has increased its stake in specialist commercial mortgage lender Commercial First. The transaction follows LDC’s initial investment in August 2006, taking its total investment to £42million.

  • Expansion
  • 13 June 2007
AUSTRIA - Cycleenergy receives EUR 6.7m funding

3TS Capital Partners and Ventaac Beteiligungs- und Unternehmensberatung GmbH have invested EUR 4.3 and 2.4m respectivley in Austian bioenergy group Cycleenergy. The company will use EUR 6.7m financing to expand its biomass and biogas power plant activities...

  • Expansion
  • 12 June 2007
UK - Investec backs Hamilton Bradshaw Human Capital in buyout of Eden Brown

Investec Private Bank's Growth & Acquisition Finance division has provided Hamilton Bradshaw Human Capital (HBHC) with funding to support the acquisition of leading recruitment specialist Eden Brown Ltd. The business has a turnover of £180m. HBHC specialises...

  • Expansion
  • 12 June 2007
DENMARK- 7TM AS secures fourth-round investments of $22m

7TM Pharma AS, a Danish pharmaceutical, has raised around $22 million in a fourth-round funding from SR One Ltd, one of GlaxoSmithKline’s independent corporate healthcare venture capital fund. Other investors that have participated are Alta Partners,...

  • Expansion
  • 12 June 2007
BALTIC - BaltCap attracts Catella Private Equity to finance expansion for Intrac

Intrac, a supplier of tracked and wheeled machines for forestry, material handling and earthmoving in the Baltic States, has attracted Catella Private Equity as an investor to fund further expansion. Catella Private Equity will become a shareholder through...

  • Expansion
  • 11 June 2007
FRANCE - Nexway receives EUR 5m from CM-CIC, Turenne and XAnge

Electronic software distributor Nexway has raised EUR 5m in a second round of financing arranged by Chausson Finance.

  • Expansion
  • 11 June 2007
IRELAND - Adaptive Mobile raises $14m

Doughty Hanson has led a $14m financing round in Dublin-based Adaptive Mobile. Kuwaiti investor Noor Financial Investment Company also participated in the funding round, as did existing investor Inter Capital.

  • Expansion
  • 11 June 2007
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