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Deals

CEE – Mid Europa increases its stake in Falcon Group

Mid Europa has increased its stake in telecommunication services company, Falcon Group, to 74.06%. The fund already acquired 36.76% in November 2006 and this deal has seen it acquire a further 37.3% from co-investor Lehman Brothers.

  • Expansion
  • 03 October 2008
SWEDEN - Axcel takes 90% stake in John Bauer Organization

Axcel has acquired a 90% stake in Swedish education company John Bauer Organization AB (JBO) from founder Rune Tedfors. Tedfors will retain a minority stake.

  • Buyouts
  • 03 October 2008
PORTUGAL - Explorer closes Probos MBO

Explorer has completed the management buyout of packaging company Probos. The transaction was carried out via Explorer II fund.

  • Buyouts
  • 03 October 2008
FRANCE - Naxicap leads EUR 8m round in La Boucherie

Naxicap Partners has led a EUR 8m investment round in restaurateur La Boucherie alongside Perspectives et Participations Bred and BNP Paribas Développement. The Baudaire family and Christophe Mauxion will retain a majority stake in the company.

  • Expansion
  • 03 October 2008
FINLAND - Sentica Partners merges DWT Engineering and Cavia

Sentica Partners has acquired DWT Engineering Oy, a supplier of sludge treatment technology, from Markku Sihvonen and Timo Kivimäki. The deal is an add-on acquisition to Cavia, Sentica’s portfolio company.

  • Expansion
  • 03 October 2008
GERMANY – BayBG invests EUR 1m into TAKEO

BayBG has invested EUR 1m into Bavarian auto parts company TAKEO GmbH in the framework of a silent partnership.

  • Expansion
  • 02 October 2008
GERMANY - High-Tech Gründerfonds and Bayern Kapital back Lophius

High-Tech Gründerfonds and Bayern Kapital have made an investment of EUR 600,000 into biotechnology company Lophius Biosciences.

  • Early-stage
  • 02 October 2008
FRANCE - Bridgepoint Capital et al sell Pisto

Bridgepoint Capital, Banexi Capital Partenaires and BNP Paribas Développement have exited their investment in oil services company Pisto in a trade sale to Australian financial services giant Macquarie Group.

  • Buyouts
  • 02 October 2008
UK - Ferd leads EUR 15m Cloud investment

Ferd Ventures has invested EUR 7.5m as part of a EUR 15m funding round for wireless broadband provider The Cloud, with incumbent backers providing EUR 7.25m and corporate financier GP Bullhound investing EUR 300,000.

  • Expansion
  • 02 October 2008
ITALY – MPS backs EUR 6m PharmEste funding

MPS Venture and Mitsubichi Tanabe Group, via its MPH Healthcare fund, have subscribed to a EUR 6m financing round for biotechnology firm PharmaEste, alongside existing investors Z-Cube and Quantica.

  • Early-stage
  • 02 October 2008
UK - Pentech backs USD 2m Metaforic funding

Pentech Ventures and the Scottish Co-Investment Fund have made an investment of USD 2m into Metaphoric Ltd, a provider of anti-tamper software solutions.

  • Early-stage
  • 02 October 2008
UK - FF&P invests in IKON

FF&P Private Equity, the private equity division of Fleming Family & Partners, has invested an undisclosed sum in IKO Science Ltd, a provider of software and quantitive interpretation services to the upstream oil and gas sector.

  • Expansion
  • 02 October 2008
FRANCE - Innovacom leads EUR 3.5 Drimki funding

Innovacom has invested EUR 3.2m as part of a EUR 3.5m second round of financing for Drimki, with Ambient Sound Investments (ASI) providing the remaining EUR 300,000.

  • Expansion
  • 02 October 2008
GERMANY – Riverside exits Richter Chemie-Technik

The Riverside Company has fully exited its stake in Richter Chemie-Technik GmbH, a supplier of pumps, valves, controls and related services to selected segments of the chemical and pharmaceutical industries, in a trade sale to IDEX Corporation.

  • Exits
  • 02 October 2008
FRANCE – L Capital sells Micromanina for EUR 480m

L Capital has sold games retailer Micromanina to US-based GameStop in a deal worth around EUR 480m including the assumption of the debt. GameStop will use several existing credit lines, as well as a EUR 150m loan from Bank of America, to finance the deal.

  • Exits
  • 02 October 2008
GERMANY - EQT sells Pfaff-silberblau to Columbus McKinnon

EQT Opportunity has, together with the Pfaff family and management, signed an agreement to sell lifting and handling equipment producer Pfaff-silberblau Hebezeugfabrik GmbH to global sector specialist Columbus McKinnon Corporation.

  • Exits
  • 02 October 2008
AUSTRIA - EK Mittelstandsfinanzierungs acquires stake in ANGER

EK Mittelstandsfinanzierungs AG, which is owned by Bank Austria and UniCredit Group, has acquired a 49% stake in ANGER MACHINING GmbH from MBI Maschinenbau Investment GmbH and Invest Unternehmensbeteiligungs Aktiengesellschaft.

  • Expansion
  • 01 October 2008
UK - NorthStar leads £1m Ethicalsuperstore funding

NorthStar Equity Investors (NSEI), through its Co-Investment Fund, has invested £550,000 as part of a £1m funding round for online retailer Ethicalsuperstore.com, with Rathbone Greenbank Investments providing £250,000 and business angels suppling the...

  • Expansion
  • 01 October 2008
FRANCE - Barclays PE acquires Aerocan

Barclays Private Equity has acquired Aerocan, a manufacturer of aluminium cans and bottles, from N.I. Partners in a secondary buyout.

  • Buyouts
  • 01 October 2008
UK - European Capital exits Avery

European Capital has fully exited its stake in Avery Weigh-Tronix, a manufacturer of industrial weighing products and systems, in a trade sale to Illinois Tool Works Inc. The value of the deal was undisclosed, but it equated to a finalised IRR over the...

  • Exits
  • 01 October 2008
UK - Amadeus backs EnQii

Amadeus Capital Partners and Wellington Partners have co-led an USD 18m series-B round of funding for EnQii Holdings Ltd, a digital out-of-home advertising specialist, alongside existing backer Ithmaar Bank.

  • Expansion
  • 01 October 2008
SWEDEN - Industrifonden backs Cyrba with SEK 20m

Industrifonden has invested SEK 20m into Cyrba Innovation Products, a supplier of components to the whirlpool industry.

  • Early-stage
  • 01 October 2008
FRANCE - Abénex et al complete EUR 329m Buffalo Grill acquisition

Abénext Capital, iXEN and NI Partners have finalised their secondary buyout of Buffalo Grill from Colony Capital, in a deal that values the restaurant chain at EUR 329m.

  • Buyouts
  • 01 October 2008
Permira lifted by CHF 2.5bn Jet Aviation exit

  • Exits
  • 01 October 2008
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