Deals
ITALY - Cape acquires ITP
Cimino & Associati Private Equity (Cape), via the Cape Natixis Due Fund, has acquired a 70% stake in textile manufacturers ITP Spa and Tessitura Imperiali Srl in a management buyout deal.
FRANCE - CIC acquires ORC
CIC LBO Partners has supported the management buyout of public relations and human resources advisory firm ORC Image et Stratégies d’Employeur, alongside CM-CIC Capital Privé.
FRANCE - Advent spins out Experian card processing unit
Advent International, along with La Poste subsidiary Doc@post, has acquired the transaction processing activities of information processing business Experian France for a total consideration of EUR 203m.
CEE - Crossroads and FRC-backed RPG invests £101m into Ferrexpo
Crossroads- and First Reserve Corporation-backed RPG Industries has acquired a 20.79% stake in iron ore producer Ferrexpo.
GERMANY - BWK acquires 40% of Sunval Nahrungsmittel
BWK has acquired a 40% stake in baby food producer Sunval Nahrungsmittel GmbH for an undisclosed sum in an equity-only transaction, with the management acquiring a 20% stake and the founders retaining the balance.
GERMANY – HTGF and Sirius support ILIAS-medical
High-Tech Gründerfonds (HTGF) and Sirius Seedfonds have, together with private investors, completed an undisclosed investment into medical technology company ILIAS-medical GmbH.
SWEDEN - NVP invests SEK 23m into Jalbum
Existing investor Nordic Venture Partners (NVP) has invested SEK 23m into Jalbum, which operates an online community for personalised photo sharing, in a second round of funding.
UK - Dunedin acquires Rathbone in £23.5m deal
Dunedin has backed the £23.5m management buyout of offshore trust company Rathbone Trust International, which will be rebranded as Hawksford International.
GERMANY – IBB and KfW provide follow-on funding for Luceo
A consortium of returning investors, comprising IBB Beteiligungsgesellschaft, KfW and private investors, has made an undisclosed follow-on investment into mesuring technology company Luceo Technologies GmbH.
UK - Oxford invests £2m into MirriAd
The Oxford Technology Enterprise Capital Fund has invested £2m in a second round of funding for MirriAd, a provider of embedded advertising solutions.
ITALY - Aletti sells Lovato Gas for EUR 63m
Aletti Private Equity has sold industrial manufacturer Lovato Gas (formerly Officine Lovato) to sector rival Landi Renzo, in a deal that values the company at EUR 63m.
GERMANY – BC Partners buys SGB from HCP
BC Partners has aquired electronic equipment company SGB Starkstrom-Gerätebau GmbH from turnaround management firm HCP Capital and other stakeholders for an undisclosed sum.
BELGIUM - KBC et al invest EUR 6.5m in PharmaNeuroBoost
KBC Private Equity, Saffelberg Investments and Biovest have invested EUR 6.5m in PharmaNeuroBoost. Saffelberg invested EUR 2.5m, while KBC and Biovest provided EUR 2m each.
UK - NSEI leads £440,000 investment into Guroo
NorthStar Equity Investors (NSEI) has led a £440,000 financing round for educational support services company Guroo.
GERMANY – HTGF and Bayernkapital sell Vanatec
High-Tech Gründerfonds (HTGF), Bayernkapital and the founders have sold software company Vanatec GmbH to strategic investor Telerik AD, based in Bulgaria, for an undisclosed amount.
GERMANY – IK-backed Schenck Process acquires Screenex
Measuring and process equipment maufacturer Schenck Process, which is backed by IK Investment Partners, has completed the acquisition of Australian company Screenex, a manufacturer of poly and rubber screening media/panels.
UK - Oxford leads £2.2m Glide investment
The Oxford Technology VCTs have led a £2.2m funding round for specialty pharmaceuticals company Glide Pharma.
FRANCE - Fonds Partenaires sells Burgienne to 3M
Fonds Partenaires Gestion has sold licence plate manufacturer Financière Burgienne to US-based company 3M via an auction process run by Hawkpoint.
UK - Accel and Carmel support USD 5m MyThings funding
Existing backers, including Accel Partners and Carmel Ventures, have supported a USD 5m investment into online registry MyThings, in a serie-B funding round co-led by Dotcorp Asset Management and GP Bullhound Sidecar.
CEE - iEurope yields 13.5x return on Vatera sale
iEurope Capital has sold Hungarian e-commerce business Vatera.hu to MIH Internet, generating an approximate 13.5x cash-on-cash return on its investment and a 59% gross IRR.
FINLAND - Sentica Partners acquires HES Group
Sentica Partners has acquired medical transport company Helsingin Ensihoito ja Sairaankuljetus Oy (HES) from OMX Nordic Exchange Helsinki-listed Nurminen Logistics Plc, in a deal valued at EUR 7.8m. Management and Finnish Industry Investments Ltd will...
UK - Premier Foods in talks with private equity
Food manufacturer Premier Foods Plc has reportedly been talking to CCMP, the former private equity arm of JP Morgan, regarding a cash injection.
DENMARK - FSN creates Danish bakery chain
FSN Capital has acquired two bakeries, Lagkagehuset and Skallebæks Bageri, from the respective founders. The investor will merge the two companies to establish a bakery chain focusing on high quality fresh bakery products.
ITALY - Argos Soditic and MPS bid for Sorin accepted
It is understood that a consortium led by Argos Soditic and MPS has presented a takeover offer for the renal unit of healthcare business Sorin Group, which has been accepted in exclusivity.