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Deals

UK - Clyde Blowers acquires Textron division in $1bn deal

Scottish engineering group Clyde Blowers has acquired the fluid and power division of US-based Fortune 500 industrial group Textron, in a $1bn deal that included equity from the company's private equity fund, Clyde Blowers Capital Fund II LP.

  • Buyouts
  • 13 November 2008
SPAIN – Seed Gipuzkoa and SGECR complete EUR 3.1m trio of investments

Seed Gipuzkoa and Sociedad Gestión de Capital Riesgo de Euskadi (SGECR) have completed three simultaneous investments with a total value of EUR 3.1m

  • Early-stage
  • 13 November 2008
GERMANY - S-Refit AG leads EUR 3m ACEOS funding

S-Refit AG has led a EUR 3m investment into medical sensors company ACEOS GmbH, alongside medTECH Capital Fonds, S-Refit EFRE Fonds Bayern, KfW and Bayern Kapital.

  • Early-stage
  • 13 November 2008
UK - WFM backs £910,000 Healthcare Learning investment

Wales Fund Managers has invested £200,000 into The Healthcare Learning Company Ltd (HLC), a developer and distributor of e-learning for healthcare professionals, as part of a £910,000 funding round.

  • Early-stage
  • 12 November 2008
GERMANY - Index Ventures in EUR 15m be2.com funding

Index Ventures Growth Fund, alongside business angels, has raised a series-B funding round for global matchmaking site be2.com.

  • Early-stage
  • 12 November 2008
UK - MTSF and AEGF invest £300,000 into LM Technologies

The Mercia Technology Seed Fund (MTSF) and Advantage Early Growth Fund (AEGF) have invested £300,000 into LM Technologies Ltd, a company founded to develop innovative wireless products.

  • Early-stage
  • 12 November 2008
GERMANY - Palamon invests in DS Produkte

Palamon Capital Partners has agreed to invest in DS Produkte, a supplier of fast moving consumer products.

  • Expansion
  • 12 November 2008
UK - Zeus acquires M J Quinn from 3i

Zeus Private Equity has completed the secondary buyout of M J Quinn Intergrated Services Ltd, a provider of electrical and mechanical contracting services, from 3i and Alliance Fund Managers for an undisclosed sum.

  • Buyouts
  • 11 November 2008
FRANCE - Butler Capital sells SNCM stake

Butler Capital Partners has sold its 38% stake in shopping group SNMC to strategic buyer Veolia Transport for an undisclosed sum.

  • Exits
  • 11 November 2008
UK - Charterhouse exits Lucite in USD 1.6bn deal

Charterhouse Capital has agreed to sell Lucite International, a manufacturer of acrylic based products, to Mitsubishi Rayon Co in a trade sale valued at USD 1.6bn.

  • Exits
  • 11 November 2008
GERMANY – HTGF and Seedfonds Bayern back Corrmoran

High-Tech Gründerfonds (HTGF) and Seedfonds Bayern have invested an undisclosed sum into Corrmoran GmbH, a developer of corrosion monitoring systems for large combustion plants.

  • Early-stage
  • 11 November 2008
SWEDEN - DN Capital invests EUR 4m into Tbricks

London-based venture capital firm DN Capital has, together with private investors, invested EUR 4m into Swedish automated trading software company, Tbricks.

  • Early-stage
  • 11 November 2008
UK - HSBC backs Amtech acquisition

HSBC Private Equity has financed portfolio software company Amtech Group's acquisition of TSI Luckins Ltd, a data services company.

  • Expansion
  • 11 November 2008
UK - Capital Fund leads £490,000 investment into knomo

The Capital fund has invested £330,000 as part of a £490,000 funding round for accessories brand knomo.

  • Early-stage
  • 11 November 2008
UK - Epi-V invests £10m into Moorland Energy

Epi-V has invested £10m into Moorland Energy Ltd, a company that acquires licences to extract hydrocarbons from surveyed and partially delineated dicoveries.

  • Early-stage
  • 11 November 2008
GERMANY - PEPPERMINT leads EUR 3.9m JADO funding

PEPPERMINT Financial Partners has led a EUR 3.9m series-B funding round for biotechnology company JADO Technologies GmbH.

  • Early-stage
  • 11 November 2008
UK - YFM invests £250,000 into NNT

The YFM Group-managed Yorkshire and Humber Equity Fund has invested £250,000 into software company New Net Technologies (NNT).

  • Early-stage
  • 10 November 2008
GERMANY - SHS and KfW invest in c-LEcta GmbH

SHS Gesellschaft für Beteiligungsmanagement and KfW have invested an undisclosed sum into biotechnology company c-LEcta GmbH as part of a capital increase.

  • Early-stage
  • 10 November 2008
FRANCE – Siparex backs Scierie Chauvin with EUR 1.1m

Siparex has invested EUR 1.1m into hardwood specialist Scierie Chauvin. The deal was carried out via Franche-Compte PME Gestion and Rhone-Alpes PME Gestion.

  • Expansion
  • 07 November 2008
SWEDEN - Accent reaps 3x return from Annas exit

Accent Equity Partners has sold Annas Pepparkakor, a Swedish cookie producer, to Belgian strategic investor Lotus Bakeries for an undisclosed sum, reaping a 3x money multiple over the course of the investment.

  • Exits
  • 07 November 2008
SWEDEN - Koncentra and LinkMed inject

Existing backers Koncentra Holdings and LinkMed have invested SEK 57.5m (USD 7.3m) into drug developer AnaMar Medical AB.

  • Early-stage
  • 07 November 2008
UK - NSEI leads £1.5m investment into Illumix

NorthStar Equity Investors (NSEI) has led a £1.5m funding round for software company Illumix Software Ltd, alongside Hotspur Capital, angels and the management team.

  • Early-stage
  • 07 November 2008
UK - Capital Fund invests in Rights Tracker

The Capital Fund has invested an undisclosed sum into Rights Tracker, a developer of intellectual propert rights maangement systems, alongside business angels.

  • Early-stage
  • 07 November 2008
ITALY - MPS takes 40% stake in Igs Riva

MPS Venture has co-invested in Igs Riva alongside Gruppo Igs, with each taking a 40% stake in the company and the balance being held by Icmet Metalli.

  • Expansion
  • 06 November 2008
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