Deals
UK - Alchemy exits CompAir in £205m deal
Alchemy Partners has sold its investment in CompAir, an air and gas compressor business, to Gardner Denver Inc, a provider of compressed air and gas, vacuum and fluid transfer technologies, in a £205m deal.
ITALY - Stirling Square backs buyout of Microtecnica
Stirling Square Capital has backed the buyout of Microtecnica, a flight critical aerospace component and sub-system manufacturer, from Hamilton Sundstrand, a subsidiary of United Technologies Corp, for an undisclosed sum.
UK - Phoenix acquires LK Bennett
Phoenix Equity Partners and Sirius Equity have agreed to invest in fashion brand LK Bennett in a deal rumoured to be worth around £100m.
UK - Fidelity acquires Picsolve in £33m deal
Fidelity Equity Partners has acquired photographic systems and services provider Picsolve International from its formers investors, led by Meridian Equity, in a £33m deal.
FRANCE - LBO France to sell Interclean
LBO France is set to divest portfolio cleaning company Interclean to The Samsic Group in a trade sale.
UK - Bank of Scotland supports £450,000 Suface Generation deal
Oxford Investment Opportuity Network (OION) and Bank of Scotland Corporate's Growth Capital team have each invested £140,000 in mould tooling technology company Surface Generation Ltd as part of a £450,000 third round of funding.
UK - Advent wins auction for Craegmoor
Advent International has acquired Craegmoor Healthcare Group from LGV Capital, beating off competition from nursing home operator Southern Cross Healthcare in the final round of bids.
FRANCE - Blue Capital increases stake in Carrefour
Blue Capital has upped its shareholding in Euronext-listed supermarket group Carrefour from 10.7% to 12.9%.
RUSSIA - Starr and FPK acquire 20% of Investtradebank
Starr International Company and FPK Capital have acquired a 19.99% stake in Russian bank Investtradebank.
FRANCE – CAPE leads EUR 2.5m investment in h2i technologies
Crédit Agricole Private Equity (CAPE) has led a EUR 2.5m investment into technology company h2i technologies with an investment of EUR 2m, while original investors Emertec and Soridec provided the balance.
SWEDEN - Riverside acquires MekoTeknik
The Riverside Company, via Riverside Europe Fund III (REF III), has acquired MekoTeknik, a Swedish precision steel machining company for a total consideration of between EUR 5m and EUR 10m. A mezzanine tranche was provided by Eqvitec Mezzanine to support...
NETHERLANDS - Lion Capital and Egeria acquire Ad van Geloven
Lion Capital and Egeria have acquired Ad vang Geloven, a Dutch producer of frozen meal components.
TURKEY - Carlyle acquires 50% of TVK
Carlyle Group has acquired 50% of TVK Shipyard, a Turkish shipbuilder specalising in chemical tankers and other specialty vessels. This represents the first investment for Carlyle in the region.
NETHERLANDS - Doughty Hanson acquires TMF for EUR 750m
Doughty Hanson has acquired a majority stake in TMF, a Dutch global management and accounting outsourcing services company, for EUR 750m. The management and founders retain a significant stake in the business.
UK - I-Source supports Webjam
I-Source has invested a further £1m in social networking site Webjam.
PORTUGAL - Explorer makes 90% IRR on Editora Oficina do Livro
Explorer Investments has sold publishing house Editora Oficina do Livro to Grupo Leya, achieving an IRR of 90% on the 75% stake it acquired 18 months ago from Grupo JRP. The value of the deal has not been disclosed.
GERMANY - ECM supports merger of IN tIME and RS Logistik
ECM Equity Capital Management has supported the acquisition by portfolio courier company IN tIME Direkt-Kuriere Transport GmbH of sector rival RS Logistik AG.
GERMANY – VC Fonds Kreativwirtschaft Berlin invests in DFW
Fonds Kreativwirtschaft Berlin GmbH, managed by IBB Beteiligungsgesellschaft mbH, has invested an undisclosed amount in niche broadcaster DFW Deutsche Fernsehwerke GmbH, alongside strategic investors Madsack GmbH & Co KG and south&browse GmbH.
NORWAY - Norvestor completes recapitalisation of BecoTek
Norvestor has completed a NOK 320m refinancing of BecoTek Metal Group, a supplier of brass cages for the ball and roller bearing industry, fully returning the original investment after 18 months.
NORWAY - HiTecVision sells three portfolio companies to Cubera
HiTecVision has completed the sale of RigNet Inc, SPT Group AS, and Norse Cutting & Abandonment AS to Cubera for an undisclosed sum.
UK - Apax and Barclays generate 2x returns from Somerfield sale
The £1.6bn acquisition of supermarket chain Somerfield by the Co-operative Group has generated a 2x return for backers Apax Partners, Barclays Capital and Robert Tchenguiz.
UK - Barclays Ventures exits Insight Medical Ventures in £22m deal
Barclays Ventures has sold its stake in Insight Medical Ventures Ltd, an operator of integrated healthcare facilities, to UME Diagnostics Ltd in a £22m deal.
SWEDEN - Nordic Venture Partners et al exit Operax
NetSockets Inc has acquired Stockholm-based software company Operax for an undisclosed sum from Nordic Venture Partners, Emano, Innovacom and Nomura, and the founders.
CEE - Jordan Company-backed WCT acquires Mediquest
The Jordan Company-backed Worldwide Clinical Trials (WCT) has acquired Eastern European contract research organisation Mediquest.