Deals
ITALY - Clessidra acquires MPS asset management subsidiaries
According to reports, Clessidra Sgr has acquired a controlling interest in the asset management subsidiaries of Italian bank Monte dei Paschi di Siena (MPS).
GERMANY - NORD Holding backs MBO of IGEL
NORD Holding Unternehmensbeteiligungsgesellschaft mbH has taken a majority stake in thin clients company IGEL Technology GmbH as part of a management buyout from parent company the Melchers Group. Melchers Group and managing partner Heiko Gloge will together...
SWEDEN - KTH and STING invest in fuel cell company
KTH Chalmers Capital and STING Capital have invested in fuel cell company myFC AB as part of a SEK 22m funding round, alongside the Sixth Swedish Pension Fund and business angels.
SWEDEN - STING invests in technology companies
STING Capital has invested a total of SEK 5m into three technology companies; Oculus AI, Predect and Zebor Technologies.
ITALY – MPS and Arca Impresa acquire Cadey
MPS Venture SGR Spa and Arca Impresa Gestioni SGR have acquired cosmetics manufacturer Cadey in a management buy-in for an undisclosed sum.
ITALY - Arca Impresa achieves 42% IRR from Garioni SBO
Arca Impresa Gestioni SGR has sold its majority stake in engineering business Garioni Naval in a secondary buyout to Cape-Natixis valued at approximately EUR 16m, achieving a 2.5x money multiple and a 42% IRR over the course of the investment.
SPAIN - Suan Biotech leads EUR 1m Biomedal financing
Suan Biotech has led a EUR 1m funding round for life sciences company Biomedal, investing EUR 700,000, with the remainder being provided by Invercaria, the private equity investment vehicle of Junta Andalicía.
SPAIN - Hutton invests EUR 31.5m into Everis
Hutton Collins has invested EUR 31.5m into IT consultancy firm Everis, increasing its stake to 10.84% and becoming its third largest shareholder. The balance is retained by the management and staff (64.03%), 3i (18.33%), Grupo Landon (6.34%) and other...
FRANCE - CIC and IDI take Alti private
CIC LBO Partners, through the CIC LBO Fund, and IDI have acquired IT engineering company Alti after taking a majority stake in the Euronext-listed holding company Financière Alti.
UK - Finance Cornwall supports Lanish Group
Finance Cornwall has invested an undisclosed sum into Lanish Group, operator of the five star Gwel an Mor holiday resort in Portreath. Bill Haslam, the majority owner of the business, has also invested.
SWEDEN - Industrifonden backs SEK 11m Vincent funding
Industrifonden has invested SEK 8m as part of an SEK 11m funding round for shoe chain Vincent, with the remainder being provided by Odd Molly investor Patrik Tillman.
SWEDEN - KTH Chalmers investd in Baymarkets
KTH Chalmers Capital has invested in Baymarkets AB, a provider of financial market systems.
GERMANY - BFB and bmp join Revotar funding
BFB BeteiligungsFonds Brandenburg GmbH and bmp AG have invested in biotechnology company Revotar Biopharmaceuticals AG in a EUR 5.3m second closing of the company's series-A funding round.
GERMANY - High-Tech Gründerfonds invests in HAPILA GmbH
High-Tech Gründerfonds has invested in start-up company HAPILA GmbH, which offers processes for purification of active pharmaceutical ingredients.
FRANCE - Xange invests EUR 3m into NovaWatt
Xange Private Equity has invested EUR 3m in a first round of financing for electricity producer NovaWatt.
GERMANY - BPE-backed Eschenbach Group completes acquisition
Barclays Private Equity has backed portfolio company Eschenbach Group, a provider of eyewear and related products, in its acquisition of International Eyewear Limited, a UK-based manufacturer of eyewear and sunglasses, for an undisclosed sum.
UK - Eden backs USD 12.5m VOSS financing
New investors Eden Ventures and Paris-based XAnge Private Equity have joined existing backer Pyrford Enterprises in a USD 12m series-B funding round for unified communications service delivery software provider VOSS.
GERMANY – MIG leads EUR 5m Corimmun funding
MIG AG has led a EUR 5m series-A funding round for biotechnology company Corimmun Gmb. The round also included contributions from new investors GC Fund, Bayern Kapital and KfW Bank, as well as existing backers High-Tech Gründerfonds, Bio-M AG and SeedFonds...
FRANCE - Sigefi-backed Batilor completes merger
Sigefi Private Equity-backed construction company Batilor has merged with sector rival Babeau Seguin to form Groupe Performance Construction.
FRANCE - I-Source exits NETIA
I-Source has sold its stake in software developer NETIA to GlobeCast, a subsidiary of France Telecom.
ITALY - Sator acquires 40% of Baglioni Hotels
Financial group Sator has acquired a 40% stake in Baglioni Hotels in a deal valued at EUR 30m.
UK - Close Ventures invests £1.4m in healthcare business
Close Ventures has backed Prime Care Holdings Limited, a domiciliary care agency, with funding of £1.4m.
IRELAND - Lightspeed leads USD 21m PCH funding
A syndicate of US investors, led by Lightspeed Venture Partners and including Focus Ventures and Norwest Venture Partners, has invested USD 21m into supply chain management solutions provider PCH International.
NETHERLANDS - Unilever et al invest EUR 1.5m in BAC
A consortium of existing investors led by Unilever Ventures and FF&P Private Equity have invested EUR 1.5m in BAC, a company specialising in affinity purification of biological materials.