Deals
SWEDEN - Verdane Capital VI acquires three telecom companies
Verdane Capital VI KS has acquired three telecom companies, Ukvio, Itesco and Ahhaaa, from Inbox Investment AB for an undisclosed sum. Verdane Capital’s holding in the companies ranges from 6% to 33%.
UK - Bridgepoint sells Protocol Skills to CBPE
Bridgepoint has sold Protocol Skills, a business training company, to Close Brothers Private Equity. The value of the deal has not been disclosed.
UK - TA Associates delays SmartStream float
The bookbuilding period on TA Associate's flotation of software portfolio company SmartStream has been extended until next week. Conditional trading was expected to start today. News of the delay follows a reduction in the price of the offering by ТЃ100m...
UK - Sovereign Capital completes portfolio acquisition
Sovereign Capital portfolio company Alkare Holdings Ltd, a Swansea-based residential health provider for people with mental health needs and learning difficulties, has completed the acquisition of Cardiff-based Positive Lifestyles Ltd for an undisclosed...
FRANCE - Banexi CP takes 35% of France Géothermie
Banexi Capital Partenaires has backed the owner buyout of France Géothermie, a manufacturer of geothermic and aerothermic pumps.
FRANCE - Bongrain sells its Gastronomie division to 21 Centrale Partners
21 Centrale Partners has secured the spin-off of Euronext-listed food producer Bongrain's non-dairy activity.
FRANCE - Barclays Private Equity wins Karavel-Promovacances auction
Barclays Private Equity has backed the management buyout of online tour operator Karavel-Promovacances from Opodo, which is re-focusing on selling flights.
UK - Barclays realises IRR of 22% from MBB of Benlowe Group
Barclays Ventures has exited its stake in joinery products manufacturer Benlowe Group in a deal which has generated returns of 2.16x the investment and an IRR of 22%.