Deals
FRANCE - Novalto raises EUR 1.3m from Turenne and Sopromec
Staff incentivisation business Novalto has received a third round of financing from Turenne Capital, Sopromec, and the company's chairman.
BELGIUM - KBC Private Equity acquires Di Legno Interiors
KBC Private Equity has invested in Di Legno Interiors alongside the company's current shareholder and managing director Koen Vanbrabant and commercial director Ben Soers.
FRANCE - CIC Banque de Vizille invests EUR 1.2m in Polyspot
Via its funds Vizille Capital Innovation and Sudinnova SA, CIC Banque de Vizille has invested growth capital in corporate search engine Polyspot.
CEE - Europa Capital sells City Point Distribution Park to Morley for EUR 71.6m
Europa Capital has sold City Point Distribution Park to Morley's Central European Industrial Fund (CEIF) for EUR 71.6m.
SWEDEN - Segulah floats HMS
Segulah has listed HMS Networks, a Swedish industrial communication company, on the OMX Nordic Exchange for SEK 74 per share. The investor will sold down its shareholding at the time of the listing. Shares in HMS started to trade on 19 October. Segulah...
UK - AIM-listed Huveaux is private equity target
Huveaux, a specialist media company listed on AIM, has received a number of approaches from private equity groups. The London-based business focuses on e-learning and e-based information and communication services publishing 16 magazines and holding 500...
UK - Beringea invests £2m in Imagesgate
Beringea Ltd has invested ТЃ2m in Imagesgate, a company which provides royalty fee and stock managed photography images and other bespoke image services.
UK - Catapult leads £1.2m investment in Synchro
Catapult Venture Managers Ltd has led a ТЃ1.2m investment into software developers Synchro Ltd.
FRANCE - End in sight for Carlyle's Otor misadventure
After more than seven years of trials and tribulations, Carlyle has reportedly mandated Deutsche Bank to sell cardboard maker Otor.
GERMANY – SiC Processing AG closes EUR 53m financing round
zouk ventures has led a EUR 53.4m financing round in SiC Processing, a management and recycling company of used slurry from the solar and semiconductor wafer industries. Other investors joining the round include Merrill Lunch Corporate Principal Investments...
SWITZERLAND – CapD exits BestinClass to Richemont
CapD Private Equity Partners has sold micro-machining company BestinClass for an undisclosed sum to Compagnie Financiere Richemont.
ESTONIA - Skype founders back pet social networking site
The two social networking sites, www.uniteddogs.com and www.unitedcats.com , have received funding from Ambient Sound Investments (ASI), the investment company set up by the four founding engineers of Skype. The capital injection gives ASI a 15% stake...
UK - Kaupthing acquires DLG from Promethean for £75m
Kaupthing Capital Partners has acquired consumer lifestyle database business Data Locator Group (DLG) for ТЃ75m. The deal represents an exit for Promethean Investments, which backed the ТЃ23.5m management buyout of DLG in March 2006. DLG has since grown...
UK - Octopus and Foresight see 4.4x return on Covion exit
Octopus Private Equity and Foresight Group have seen a 4.4x return from the sale of facilities infrastructure service business Covion. Trade buyer Balfour Beatty Group Ltd acquired Covion for ТЃ33m ending Octopus and Foresight's two year ownership of...
UK - Zeus completes £50m first investment
Zeus Private Equity has completed the first investment from its maiden fund, investing more than ТЃ50m in a new platform company to carry out a buy-and-build strategy within the UK regional hotel sector.
UK - The Capital Fund backs Biocontrol with £500,000
The Capital Fund has invested ТЃ250,000 as part of a ТЃ500,000 funding round in Biocontrol. Biocontrol's research focuses on developing the clinical use of bacteriophages, that is naturally occuring viruses, which attack and destroy harmful bacteria....
FRANCE - OFI Private Equity buys gadgets and gifts distributor for EUR 24m
OFI Private Equity invested EUR 12m in both equity and mezzanine to support the management buy-in of Soho, a network of retail points selling humouristic gifts and gadgets.
UK - Oxford Capital Partners leads £1.58m investment in Green Biologics
Oxford Capital Partners has led a ТЃ1.58m funding round in Green Biologics, a specialist developer of 'next generation' biofuels.
UK - YFM invests in Dynmark
In a second round of funding, the South West Ventures Fund, managed by the YFM Group, has made an undisclosed investment in Dynmark International Ltd, a mobile phone messaging applications developer.
CEE - Oresa Ventures acquires majority stake in Trinity Corporate Services
Oresa Ventures , a Swedish investment company, has acquired a majority stake in Trinity Corporate Services in a leveraged buyout. The investors acquired the shares from a group of private investors which had provided start-up funding to the company.
SPAIN - Corpfin sells its stake in Futura
UK-based fund Hutton Collins and the management team of charter airline Futura have purchased Corpfin Capital's majority stake in the business. It is understood that the company's founder Air Lingus is also selling its shareholding.
ITALY - Private equity courts Wind and 3Italia
Telecom operators Wind and 3Italia are up for sale. The two companies, soon to be merged into a newco, Eiffel Tower Company, have a reported price tag exceedingEUR 2bn.
GERMANY – Alukon changes hands in secondary transaction
Halder has acquired roller shutter and roller door system manufacturer Alukon from AXA Private Equity for an undisclosed sum.
UK - Sovereign completes portfolio acquisition
Sovereign Capital portfolio company Kinetics Group has completed the acquisition of Walmotts Ltd, a gas, oil and electrical installation and maintenance services provider, for an undisclosed sum.