Deals
RUSSIA - East Capital acquires 16.43% of Kamchatprombank for EUR 2.85m
East Capital has acquired a 16.43% stake in Russian retail and corporate bank Kamchatprombank for EUR 2.85m.
FRANCE – AXA take 57.1% of the Altares Group
AXA Private Equity has acquired a 57.1 % stake in B2B information provider Altares Group.
UK - GfK in talks with Cinven over TNS bid
German market research group GfK is reportedly in talks with Cinven in relation to a potential joint bid for UK research group TNS.
FRANCE - CDC Innovation and Innovacom invest EUR 750,000 in Maeglin
CDC Innovation and Innovacom have invested EUR 750,000 in Maeglin Software in a first round of financing.
GERMANY – PAI Partners and Goldman Sachs acquire Xella for EUR 1.9bn
PAI partners and Goldman Sachs Capital Partners have acquired building material company Xella International GmbH from Haniel Group for EUR 1.9bn.
GERMANY - T-Online Venture Fund invests EUR 2m in swoodoo
T-Online Venture Fund has invested EUR 2m in travel comparison company swoodoo GmbH.
FRANCE - Arts Alliance et al invest EUR 4.5m in Monte Cristo Games
Arts Alliance, 360° Capital Partners and Innoven Partenaires have invested EUR 4.5m in Paris-based online games company Monte Cristo Games.
ITALY - Advent sells Venere to Expedia
Advent International has has agreed to sell travel and accomodation operator venere.com to online travel company Expedia Inc for an undisclosed sum.
GERMANY - Blackstone funds offshore wind farm with more than EUR 1bn
Blackstone has confirmed its partnership with Windland Energieerzeugungs GmbH, which is developing and building "Meerwind", an offshore wind farm in the North Sea. Meerwind will be established 80 kilometres from the coast and is projected to cost more...
GERMANY - SHS and KfW invest in Biontis
Funds managed by Tübingen-based growth investor SHS Gesellschaft für Beteiligungsmanagement have invested in laboratory equipment manufacturerBiontis GmbH alongside KfW Mittelstandsbank's ERP Start-up Fund.
UK - Close Ventures leads £2.6m funding round for Dexela
Close Ventures has invested £1.4m as part of a £2.6m funding round for Dexela Ltd, a developer of 3D imaging technology, alongside London Technology Fund and existing shareholders.
UK - YFM supports holiday company
YFM Venture Finance, through its Finance South West Growth Fund, has invested an undisclosed sum into holiday company Sunisle.
CEE – Austrian firms support Herkulane’s buy-in
Erste Bank and its Romanian subsidiary Banca Comerciala Romana (BCR) have provided senior debt for the buy-in of Romanian water manufacturer Herkulane by a Romanian investors group, while Mezzanine Management GmbH has provided the mezzanine debt for the...
RUSSIA - East Capital acquires 33.3% of Morgan & Stout for EUR 1.02m
East Capital Financials Fund has acquired 33.33% of Russian debt collection agency Morgan & Stout for EUR 1.02m.
DENMARK - Index Ventures invests USD 27m in Milestone
Index Ventures has invested USD 27m in Milestone, a Copenhagen-based developer of open platform IP video management software for surveillance systems.
SWEDEN - Creandum invests EUR 420,000 in Videoplaza
Creandum has invested EUR 420,000, together with business angels Henrik Torstensson and Magnus Hultman, in VideoPlaza, an online advertising start-up.
FRANCE - Garibaldi et al invest EUR 1.2m in Addev
Naxicap Partners, Garibaldi Participations and Midi-Pyrénées Croissance have completed a management buyout of Addev, the holding company of adhesives producer Adhis.
UK - Vesbridge backs Corvil funding
Vesbridge Partners has joined ACT Ventures and Apax Partners in a USD 12m funding round for Corvil Ltd, a developer of new generation technolog of IP packet networks.
GERMANY – Blackstone to invest in German wind farm
According to press reports, Blackstone is teaming up with a syndicate of private investors to invest EUR 1bn in Windland Energieerzeugungs GmbH for the purpose of building an off-shore wind farm called Meerwind. The project already has planning permission.
UK - Amadeus leads USD 16m funding round for Secerno
Amadeus Capital Partners has led a USD 16m series-B funding round into software company Secerno Ltd alongside existing backers Eden Ventures and Spark Ventures.
FRANCE - Weinberg purchases Balitrand
Weinberg Capital Partners has acquired a majority stake in building fixtures distributor Balitrand group, alongside the management. The Balitrand and Faubert families have diluted their respective stakes in the business.
UK - Advent et al make further investment in OpenCloud
Existing investors Advent Venture Partners, No 8 Ventures and Motorla Ventures have supported a USD 10m series-B funding round in telecommunications software developer OpenCloud Ltd. Silicon Valley Bank provided a debt package to support the deal.
FRANCE - Vizille Capital invests EUR 1.5m in Ariana
Vizille Capital Innovation, part of Credit Mutuel-CIC bank, has invested EUR 1.5m in pharmaceuticals business Ariana Pharmaceuticals SA in a first round of fundraising, taking a minority stake in the company.
UK - Cohen and Jefferies invest in International Asset Management
Apax Partners co-founder Sir Ronald Cohen and Jeffries Group have backed the management in their buyout of hedge funds manager International Asset Management (IAM) from Dutch bank Fortis Investment.