Deals
FRANCE - OFI Private Equity succesfully delists IMV Technologies
OFI Private Equity has acquired 96.45% of artificial insemination products manufacturer IMV Technologies, giving the private equity firm a large enough shareholding to delist the business from Euronext Paris.
FRANCE - XAnge invests in IPS alongside MBO Partenaires
XAnge has taken a 22.6% stake in fire equipment maintenance business IPS, alongside existing investor MBO Partenaire, which retains 35.1% of the equity.
UK - TA Associates to float SmartStream
TA Associates is to float its software portfolio company SmartStream next month. The IPO is seeking to raise ТЃ100m, of which ТЃ30m will be from TA's sale of a 20% shareholding in the company as it plans to reduce its stake to approximately 60%.
UK - Barclays Ventures sells ARM back to management
Barclays Ventures has sold its shareholding in Advanced Resource Managers Ltd (ARM) to the existing management team. The exit will generate an IRR of 25% for Barclays Ventures. Established in 1996, ARM is a technical recruitment and training consultancy...
FINLAND - CapMan invests EUR 8m in Mawell
CapMan Technology 2007 Fund has invested approximately EUR 8m in Mawell, a software provider used in many Finnish and Swedish hospitals. As a result of the investment, CapMan becomes the largest shareholder in the company.
SWEDEN - Danske Venture Partners sells Netgiro for $27m
Danske Venture Partners has sold Swedish Netgiro to US e-commerce provider Digital River for $27m in cash. According to press reports British rival Datacash had previously agreed an offer of EUR 10.25m in February. The purchase was put on hold due to...
UK - 3i thought to be amongst bidders for United Utilities distribution arm
3i is thought to be one of a handful of private equity firms considering a bid for the electricity distribution arm of United Utilities. United Utilities has appointed Deutsche Bank to conduct the sale of the business formerly known as Norweb which serves...
SWEDEN - Industrifonden invests SEK 2m in Senset
Industrifonden has invested SEK 2m in Senset, a Linköping-based company that is developing a new environmentally friendly measuring system for liquid analysis. Other investors included German venture Capital fund Rendera and industrial firm Wika.
ICELAND - Bru Venture Capital invests $7m in start-up FS-10 ehf
Bru II Venture Capital has invested $7m in start-up FS-10 ehf, a Reykjavik-based developer of fishing gear and fishing methods for operations of large vessels in the waters of Mauritania.
SWEDEN/UK - Apax and Nordic Capital-owned Capio makes £193m UK disposal
Apax Partners and Nordic Capital portfolio company Capio AB have disposed of the UK operations of the Swedish healthcare company. Capio's UK operations have been acquired by Australian hospital operator Ramsay Health Care for £193m.
UK - LDC sells Telecom Service Centres for £40m
LDC has realised its investment in Telecom Service Centres (TSC) through a sale of the Scottish business to Indian counterpart Hero Ites. The deal values TSC at ТЃ40m. Hero Ites, part of Hero Group and with facilities in Delhi, will merge the two businesses...
UK - LDC takes minority stake in security firm
LDC has invested in security firm Vision Security Group. The deal sees LDC take a minority stake in the business. The corporate finance team at Deloitte in Nottingham initiated and introduced LDC to the transaction. Debt funding was provided by RBS Corporate...
UK – IMAC in £10m digital marketing acquisition
Ingenious Media Active Capital will invest up to ТЃ10m to back the acquisition of integrated marketing communications agency of Rise Communications.
FRANCE - Banque de Vizille backs Adetel build-up
CIC Banque de Vizille (CICBV) has invested EUR 800,000 in equity and EUR 2m in convertible bonds in a group comprising electronic industrial systems company Adeteal and CICBV portfolio company electronic small parts manufacturer ICRA.
AUSTRIA - tecnet equity invests in Senactive
Austrian venture capitalist tecnet equity has invested an undisclosed amount in real-time business performance management software provider Senactive. The new capital will be used to drive the company's European expansion.
FRANCE - Trophos raises EUR 8.5m in series-C financing round
Biopharmaceutical company Trophos today announced it has raised EUR 8.5m in series-C funding.
UK - XMOS Semiconductor raises $16m for Software Defined Silicon
The creator of Software Defined Silicon (SDS) chips, XMOS Semiconductor, has secured US16m series-A venture capital funding.
ITALY - Investindustrial recapitalises Ducati
Investindustrial has recapitalised its investment in Ducati in a move allowing a return of over 100% for investors.
UK – Close Ventures backs Heathrow hotel
Venture Capital Trust manager Close Ventures has announced it will invest up to ТЃ6.5m in a hotel at Heathrowтs new Terminal 5.
UK – Beringea invests in Steak Media
Beringea, through its ProVen VCTs, has provided expansion funding for Steak Media, a digital marketing specialist.
GERMANY – Neuhaus Partners invests in Emporis
Neuhaus Partners together with KfW Bankengruppe has invested an undisclosed amount in buildings and construction projects database provider Emporis.
GERMANY - Zurmont Madison acquires Röder Group
Zurmont Madison Management AG has acquired a 75% stake in tent systems provider Röder Group from the company’s management for an undisclosed amount. Röder Zeltsysteme und Service AG is headquartered in Büdingen, near Frankfurt/Main, and focuses on developing,...
GERMANY - Macquarie-led consortium snatches real-estate web portal
Australian investment group Macquarie and media business Publishing & Broadcasting have acquired 66.22% of property internet portal Immobilien Scout GmbH, in a deal valuing the business at EUR 540m.
FRANCE - Paluel-Marmont backs MBI of wine label business
Unquote" has learned that in the context of an MBI, Paluel-Marmont Capital has acquired 46% of Imprimerie Etienne, a printer of adhesive labels and marketing materials for the wine industry. Bred arranged the leverage.