Deals
CEE - Enterprise Investors sells Romanian supermarket chain to Carrefour
Enterprise Investors ’ Polish Enterprise Fund V has sold 100% of Romanian retail chain Artima to French retailer Carrefour. The transaction valued the company at EUR 55m, which represents an investment multiple of more than 3x. The transaction will close...
FRANCE - Argos Soditic backs BIMBO of Marie-Laure PLV
As part of a buy-in management buyout, Argos Soditic has acquired 53% of Marie-Laure PLV, a producer of promotional and maketing materials for retailers.
FRANCE - ACE Management invests extra EUR 2m in data storage specialist
ACE Management has injected EUR 2m as a sole investor in the second round of funding for Hi-Stor.
UK - LSP and SR One lead £16m investment in Syntaxin
Life Science Partners (LSP) and SR One, GlaxoSmithKline's independent corporate healthcare fund, have led an investment of ТЃ16m in biopharmaceutical company Syntaxin Ltd in a series-B funding round.
UK - Palamon and Electra-backed SAV Credit makes £385m acquisition
Palamon Capital Partners and Electra Private Equity-backed SAV Credit Ltd has acquired HSBC's marbles and Beneficial branded credit card portfolios for ТЃ385m. SAV was founded in 2001 as a provider of credit cards to consumers overlooked by mainstream...
FRANCE - Linux data storage specialist receives additional EUR 4.2m
In its second round of funding, Toulouse-born Seanodes has received financial backing from its existing investors Elaia Partners and IRDI, as well as 123Venture and Galia Gestion.
UK - ISIS makes first portfolio acquisition for Paragon
ISIS Equity Partners has completed the acquisition of Raglin Care Ltd on behalf of portfolio company Paragon (UK) Ltd, a provider of supported living services to adults with learning and physical disabilities.
UK - BOSIF sees 2.9x return from Beck & Pollitzer
Bank of Scotland Integrated Finance has realised its investment in Beck & Pollitzer Ltd, achieving an overall equity return of 2.9x times funds invested, equating to a realised equity IRR of 48%.
FRANCE - Cinven looks to cash in French cable
Cinven is said to have mandated Morgan Stanley and Rothschild to sell half of its stake in French cable monopoly Numericable, in a deal which could raise EUR 2bn for the buyout house.
UK - Spark and Acacia lead $16m funding round for Skinkers
SPARK Ventures Plc (formerly NewMedia SPARK) and Acacia Capital Partners have led a $16m second round of funding for Skinkers, an information broadcast technology company.
FRANCE - US private equity firm wins exclusivity for Safran's communications unit
The French defence and electronics group has granted The Gores Group a period of exclusisivity for the acquisition of Sagem Communications, following the receipt of a firm EUR 383m offer.
UK - Key Capital Partners completes first deal
Key Capital Partners has completed its first investment from its maiden fund. KCP invested ТЃ4.3m to acquire a significant minority stake in Birmingham-based recruitment company Templine Recruitment Ltd. Yorkshire Bank provided senior debt and working...
ITALY - Giochi Preziosi contemplates exit strategies
Although 3i was said to be preparing the IPO of toy manufacturer Giochi Preziosi for the end of H1 2008, market reports suggest that the buyout house may be looking to divest sooner than planned.