Deals
DENMARK - SEED Capital invests in Valderm
SEED Capital Denmark and other private investors have invested in Valderm, a Danish pharmaceutical company which specialises in developing psoriasis treatment. The company's product is still in its pre-clinical trial stage, but is expected to be on the...
GERMANY - HgCapital exits Schenck Process via sale to Industri Kapital
Industri Kapital has acquired Schenck Process, a provider of industrial weighing, feeding, screening and automation equipment, from HgCapital. HgCapital bought Schenck in 2005 from D ürr AG and has grown the workforce to approximately 1,800 employees....
UK - Duke Street considers re-acquiring Esporta
Duke Street Capital is one of a number of private equity firms considering a bid for Esporta, the chain of gyms placed in administration last week. Duke Street owned Esporta from 2002-2006 before selling it to funds managed by the Halabi family for an...
UK - Sagitus Partners backs MBO of kitchen and bathroom distributor
Sagitus Partners has backed the management buyout of kitchen and bathroom distributor James Theobald Ltd. The deal was supported by debt provided by Clydesdale Bank. Financial details of the deal were not disclosed.
UK - MMC Ventures invests £2.4m in Small World
MMC Ventures (MMC) has invested ТЃ2.4m in Small World Ltd, a money-transfer business operating along corridors between Western Europe and developing countries.
FINLAND - Via Venture Partnres and Inventure invests EUR 3m in Beneq
Via Venture Partners and Inventure Oy have together with previous investors invested EUR 3m in Beneq, a Finnish nanotechnology equipment supplier. The new round of financing enables development of the organisation and international growth.
UK - Hotbed backs Intempo with £1.825m of growth capital
Hotbed has provided Intempo Digital Ltd, a digital radio and iPod docking company, with ТЃ1.825m of growth capital. The investment from Hotbed is part of a total ТЃ11.8m of new funding the company has secured, with Bank of Scotland providing working capital...
UK - Ingenious backs second album in £500,000 deal
Ingenious' two Music VCT funds have invested approximately ТЃ500,000 to back the second album of three-piece girl band Sirens. The deal is a joint venture with Kitchenware Records Ltd.
GERMANY - Carlyle and Advent exit HT Troplast
The Carlyle Group and Advent International have sold HT Troplast to Bahrain-based investment firm Arcapita for an undisclosed amount. In January 2005, Carlyle and Advent had acquired the company from RUETGERS AG.
UK - BOSIF backs £783m MBO of community regeneration specialist
Bank of Scotland Integrated Finance has backed the ТЃ783m management buyout of community regeneration specialist Keepmoat Plc. The privately held Plc was divested by private shareholders via an auction process run by Deloitte. Bridgepoint and 3i had previously...
UK - South Yorkshire Investment Fund backs plastic packaging company
South Yorkshire Investment Fund has provided William Beckett Plastics, a specialised plastic packaging company for the cutting tool industry with ТЃ100,000 of growth capital funding.
UK - Blackstone eyes New Look
It is understood that New Look is likely to be acquired by Blackstone. Apax and Permira, New Look's current owners, are reported to be in talks with Blackstone about the deal. The news of a secondary buyout follows a pulled auction process earlier this...
CEE - AIG acquires 90% stake in BTC
AIG Capital Partners has acquired a 90% stake in Bulgarian Telecommunications Company following approval from relevant regulatory authorities. AIG will launch a tender offer for the remainder of the company’s shares, which are currently listed on the...
UK - Bridges Ventures invests £1.35m in Sealskinz
Bridges Ventures has backed the management buyout of SealSkinz, a Norfolk-based manufacturer of unique waterproof socks and gloves designed for bikers and hikers. Bridges is investing ТЃ1.35m alongside a management team to buy the company from its parent...
NORWAY - FSN acquires five clinics
FSN Capital has acquired Klinikk Stokkan, Tromso Private Sykehus, Colosseumklikken Legeavdeling, Colosseumklinikken Stavanger and Nobel Clinic Norge, five Norway-based clinics. The acquisition was made from FSN Capital II, a EUR 151m vehicle which closed...
UK - NorthStar provides £750,000 funding for Broadband Computer Company
North-East focused NorthStar Equity Investors has backed the Broadband Computer Company with an equity investment of ТЃ750,000. The company has developed the hardware and software to provide PC users with a new platform for managing and maintaining a...
ITALY - Arca Impresa exits Diffusione Italiana Preziosi
Arca Impresa and Meliorbanca have sold their stakes in Diffusione Italiana Preziosi to industrial player Morellato & Sector. The sale value is understood to be EUR 60m and the deal is forecast to close by the end of September. Rothschild assisted...
UK - The Capital Fund in £250,000 Vision RT investment
The Capital Fund has backed Vision RT, a 3D surface imaging specialist for use in radiotherapy treatments, with ТЃ250,000 of funding. Vision RT was founded in 2001 to advance patient set-up and monitoring for radiotherapy treatment. The Capital Fund...
UK - Endless sells Peter Black for EUR 48m one year on
Just over twelve months on from its acquisition, Endless has sold Peter Black Limited International, a design, sourcing and supply chain management company, to Li & Fung Limited, a Hong Kong-listed trading house. The deal was valued at EUR 48m, excluding...
FINLAND/SWEDEN - Riverside backs buyout of Nordic steel specialist
Mid-market specialist Riverside Company has acquired Nordic manufacturer Keycast and its subsidiaries, including Combi Wear Parts. The company specializes in steel casting and operates from four foundries in Finland and Sweden. The company’s customers...
UK - BOSIF backs secondary buyout of Polypipe
Bank of Scotland has provided an integrated debt and equity package to support the secondary management buyout of Polypipe, a manufacturer of plastic piping and sanitary systems for the UK and European construction markets. The deal represents an exit...
UK - Elderstreet and Frontiers provide weComm with £3m of funding
Existing investors Elderstreet Investments and Frontiers Capital have provided weComm, an interactive mobile data solutions business, with ТЃ3m of funding. The investment will be used to fund product development and geographic expansion around its innovative...
UK - Finance Wales and Biofusion lead £2m investment in Q Chip
Finance Wales and AIM-listed Biofusion have entered into their first partnership deal as part of a ТЃ2m funding round for Q Chip Ltd. Cardiff-based Q Chip is a developer of microencapsulation solutions.
AUSTRIA –Leobersdorfer Maschinenfabrik changes hands
Invest Equity and Nord Holding have exited their stakes in manufacturer of high pressure compressor systems, Leobersdorfer Maschinenfabrik AG, for an undisclosed amount to Equita. RW Baird & Co ran the auction process.