Deals
UK - RJD backs IPES buyout
RJD Partners has backed the buyout of IPES Holdings Ltd, a provider of outsourced fund administration services.
UK - NBGI acquires Food & Drink Group assets
NBGI Private Equity has backed the buyout of a portfolio of wine bars and pubs from Food & Drink Group Plc (F&DG) for an undisclosed sum.
CEE - Advent sells Axtone to IK
Advent International has sold rail freight buffer manufacturer Axtone to IK Investment Partners.
SPAIN - Clave Mayor increases its stake in Gocco
Clave Mayor has increased its stake in children’s fashion brand Gocco to 25% in a EUR 3.3m expansion capital deal.
ITALY - Ambienta acquires 80% stake in Italiana Pellets
Ambienta Sgr has announced it will acquire an 80% stake in bio-fuel producer Italiana Pellets in a deal valued at EUR 5.4m, with the founder, Ercole Cacciami, retaining the balance of the equity. The investment, which was structured as a capital increase,...
FRANCE - PAI-backed SPIE acquires Groupe Juret
PAI Partners portfolio company SPIE has acquired Groupe Juret, a provider of electrical solutions and air condition services.
ITALY - CAPE reaps 189% IRR from Samia divestment
Cape LIVE has divested chemical manufacturer Samia, reaping a 7.24x money multiple and a 189% IRR.
ITALY - Candover-backed Ferretti acquires Allied Richard Bertram Marine
Yacht business Ferretti, which is majority owned by Candover, has acquired US yacht broker Allied Richard Bertram Marine Group for an undisclosed sum.
GERMANY – VC-backed Curacyte AG sells subsidiary
Biopharmaceutical company Curacyte AG, which is backed by firms such as TVM Capital, AlpInvest Partners and IKB Venture Capital, has sold its subsidiary Curacyte Discovery GmbH to Medicines Co for an upfront payment of EUR 14.5m and additional payments...
GERMANY – Existing investors close new funding round for Protagen AG
Existing institutional investors MIG AG, Munich, S-Venture Capital Dortmund GmbH, and Kreditanstalt für Wiederaufbau have raised another, undisclosed round of financing for biotechnology business Protagen AG.
SWITZERLAND – Consortium invests CHF 23m into EsbaTech AG
A syndicate of incumbent investors, including SV Life Sciences, Clarus Ventures, HBM BioVentures, HBM BioCapital, Novartis Bioventures, BioMedinvest and VI Partners, has invested a further CHF 23m into biotechnology company EsbaTech AG.
ITALY - Cognetas invests EUR 25m in FullSIX
Cognetas has, alongside management, invested EUR 25m in listed hyper-marketing company FullSIX.
GERMANY - GermanCapital and Morgan Stanley back Phoenix Dichtungstechnik
GermanCapital GmbH has, alongside investment bank Morgan Stanley and buy-in managers, taken over seal manufacturer Phoenix Dichtungstechnik GmbH, a subsidiary of ContiTech AG, for an undisclosed sum.
CEE - EI acquires 60% of Wema for EUR 46m
Enterprise Investors (EI) has acquired a 60% stake in Polish bathroom retailer and wholesaler Wema for EUR 46m.
ESTONIA - Baltcap exits IT training firm
Baltcap has sold its majority stake in IT Koolituskeskuse OÜ, a Baltic IT training firm, to AS MicroLink Eesti for an undisclosed sum.
NORWAY - Herkules acquires Kraft’s snacks business
Herkules Capital has acquired the salted snacks business in the Nordic and Baltic countries of Kraft Foods Inc for an undisclosed sum.
UK - Catapult invests £600,000 into DigePrint
Catapult Venture Managers has invested £600,000 as part of a £1.25m funding round for DigePrint Ltd, a designer and manufacturer of digital print processors.
SPAIN - Debaeque-backed Oasyssoft opens office in Silicon Valley
Debaeque-backed software developer Oasyssoft has moved its headquarters from Barcelona to Silicon Valley, and increased staff numbers from 14 to 50.
A Pipe Dream Or Reality?
Andrew Carpenter and Mike Hinchliffe of Addleshaw Goddard on why PIPEs may make a lot of sense
Large buyouts on hold
For large buyout houses reliant on debt market liquidity, there are no magic solutions to put money to work and the best strategy may be to wait it out. By Nathan Williams
UK - Riverside buys Tensator
The Riverside Company has acquired queue management provider Tensator Group Ltd for an undisclosed sum.
FRANCE - AGF PE increase stake in Bioalliance to 5%
AGF Private Equity has increased its stake in biopharmaceutical business Bioalliance Pharma to 5.06%.
UK - Amadeus et al invest USD 14m into Enigmatec
Amadeus Capital Partners, Pentech Ventures and Herald Ventures have continued to support data centre automation solutions provider Enigmatec Corporation Ltd in a USD 14m serices-C funding round, alongside Scottish Enterprise and Noble Venture Finance.
ITALY - Cape-backed TMQS acquires Meccanica Coatti for EUR 1.7m
Cape Natixis has provided additional funding through its Cape Natixis Private Equity fund to finance portfolio company TMQS Group's acquisition of steel company Meccanica Coatti, in a deal valued at EUR 1.7m.