Deals
FRANCE - Sofinnova acquires mobile manufacturer Sagem
Sofinnova has acquired mobile phone manufacturer Sagem from Saffran Group.
SPAIN - Sabadell acquires 4.9% of Antena 3
BIDSA, the development capital arm of Banco Sabadell, has acquired a 4.9% stake in TV station Antena 3 from Grupo Rayet in a deal valued at EUR 84.8m.
SPAIN - Bullnet backs video game developer
Bullnet Capital has acquired Invertec’s stake in video game developer Digital Legends, also subscribing to a capital increase.
A private affair
With deal opportunities constricted, AIM and the FTSE 250 have become a more attractive hunting ground for investors
Trade buyers regain lost turf
Private equity houses have had a fleeting supremacy over trade buyers, but with debt now harder to come by, the competition between private equity houses and trade buyers is more balanced
ITALY Cape backs the creation of image treatment holding
Cape has backed the creation of CLX Europe holding alongside Progressio Investimenti, the Istituto Atesino per lo Svilippo and Vivo family Private Equity Holding.
ITALY - Cape acquires BBI Electric
Cape has acquired a 38.1% stake in electrical equipment manufacturer BBI Electric in a deal valued at EUR 4.5m.
GERMANY - Gores Group acquires 51% of SEN from Siemens
Gores Group has acquired 51% of SEN (Siemens Enterprise Communications), a division Siemens, for an undisclosed amount.
GERMANY - High Tech Beteiligungen exits Orpegen Pharma
High Tech Beteiligungen GmbH & Co. KG, has sold its entire equity interest in Orpegen Pharma GmbH, Heidelberg to its founder and CEO, Christian Birr.
ITALY - BSPE-backed Mediacontech acquires 51% of Deltatre Group
BS Private Equity portfolio company Mediacontech has signed an agreement for the acquisition of 51% of Delta Tre Informatica and Deltatre Suisse (“Delta Tre Group”).
GERMANY - Kizoo and VC Fonds Berlin invest in Lesson Nine
Kizoo AG and IBB Beteiligungsberatung (via VC Fonds Berlin) have invested in online language learning company Lesson Nine GmbH, with both investing a six-figure-sum.
UK - RJD-owned Comtec makes acquisition
RJD Partners-backed Comtec Group, a travel technology supplier, has acquired technical internet specialist Atolis.
UK - Octopus backs True Knowledge
Octopus Ventures has invested a further £2m in internet search engine True Knowledge.
UK - Blackstone leads new consortium interested in Informa
Blackstone is leading a second consortium interested in bidding for specialist business-to-business information provider Informa.
SPAIN - 3i in Sampletest sale
3i has announced the sale of Sampletest-Consultoría e Gestao de Laboratórios Clínicas S.A. to Labco SAS for EUR 220m.
SPAIN - Impax acquires operating solar projects in Spain
Impax, through Impax New Energy Investors (NEI) fund, has acquired 15.5MW of operating solar photovoltaic (PV) projects in three transactions in the Spanish regions of Extremadura and Castilla-la-Mancha .
FRANCE - Turenne takes majority stake in Capsule
Turenne Capital has taken a majority stake in Capsule Technology via its fund Turenne Investissement which invested EUR 3.3m as well as an undisclosed investment from other funds under its management.
UK - Infineum no longer up for sale
Exxon and Shell have decided not to go through with the £1.5bn-£2bn sale of their oil additives joint venture Infineum after private equity bids came in below their target price.
FRANCE - Abénex sells Score Groupe
Abénex has sold 100% of Score Groupe to Sodexo. The deal is subject to approval from the French competition authorities and is expected to be completed in early 2009. Abénex Capital (then ABN AMRO Capital France) initially acquired a 52% stake in the...
UK - AFM invests in games console device
Alliance Fund Managers has invested £250,000 through the MSIF Liverpool Seed Fund in games console developer New Concept Gaming.
UK/GERMANY - Sophos to acquire Utimaco
TA Associates-backed Sophos plc intends to acquire German data security solutions company Utimaco Safeware AG for EUR 217m.
UK - Finance Wales supports Silvergate Plastics buyout
Finance Wales has supported the buyout of masterbatch for the plastics industry manufacturer Silvergate Plastics with £1.2m.
UK - HBOS puts Hill Hire up for sale
HBOS is said to have put truck and trailer rental specialist Hill Hire up for sale.