Deals
UK - Foresight supports Silvigen
Foresight Group has invested £1.75m in Silvigen Ltd, a producer and supplier of biomass fuels for use in the power industry.
UK - Beringea invests £1.5m in Chess Technologies
Beringea has invested £1.5m in defence subsystem supplier Chess Technologies.
SWEDEN - InnovationsKapital injects SEK 30m into Isconova
InnovationsKapital has invested SEK 30m into Isconova, a Swedish biotechnology company, together with a group of private investors.
FINLAND – Pohjola acquires Reima from CapMan
Pohjola Capital Partners has, together with the company’s management, completed a secondary buyout of Reima, a children’s clothes manufacturer, from CapMan and other owners for an undisclosed sum.
SWEDEN – CapMan exits Spintop Netsolutions
CapMan Technology has sold its stake in Spintop Netsolutions, a Swedish IT company, to Atea Sverige AB.
UK - LDC invests in Eve Trakway
LDC has invested an undisclosed sum in Eve Trakway, a supplier of temporary pedestrian and vehicle access equipment, such as roadways, footpaths, bridges and crowd control barriers, and ground protection systems which are used in major rail, communications...
SPAIN - Abraxa leads creation of cleaning holding
Abraxa has acquired a 49.9% stake in Casologroup, a newly formed non-durable household products holding, in a deal valued at approximately EUR 10m.
FRANCE - AGF PE and Innovacom invest EUR 5m in Steek
AGF Private Equity and existing investor Innovacom have invested EUR 5m in data management business Steek in a second round of financing. In mid-2006, Steek secured EUR 2.5m in a first round of financing.
BELGIUM - GIMV acquires OTN
GIMV has acquired optical fibres-based communication network Open Transport Network (OTN) from Nokia Siemens Network for an undisclosed sum. The 80 OTN staff will be transferred to OTN Systems, a newly formed company established by GIMV and the OTN management,...
UK - Hutton Collins puts James Hull Associates up for sale
Specialist and cosmetic dental surgeons group James Hull Associates has been put up for sale by mezzanine provider Hutton Collins, with the asking price thought to be around £200m. Candover and GI Partners are believed to be among the potential bidders...
UK - Oakley acquires Monument Securities
Oakley Capital has acquired Monument Securities, a financial services company specialising in international derivatives.
ITALY - 21 Investimenti supports EUR 35m MBO of Velan
21 Investimenti has acquired a minority stake in the Italian business of industrial supplier Velan from its Canadian parent company, in a deal understood to be valued at EUR 35m. The management, who previously controlled 50% of the company, have increased...
FRANCE - Rhone-Alpes PME Gestion backs Eurovitrage MBO
Rhone-Alpes PME Gestion has backed the management buyout of insulation and glazing business Eurovitrage, contributing EUR 900,000 as part of a EUR 1.75m investment in the holding company MCVS. The investment was completed with EUR 850,000 of debt supplied...
FRANCE – Rhone-Alpes PME Gestion recapitalised
Caisses d’Epargne de Rhone-Alpes, which consists of Caisse d’Epargne Rhone Aples and Caisse d’Epargne Ardeche, has taken a 50% stake in regional investor Rhone-Alpes PME Gestion.
Not all seconds are sloppy
More private equity-backed companies are growing the bottom line through top-line growth, not cost savings, and the best results stem from deals sourced from private, not public, owners - even if that's another buyout house. Kimberly Romaine reports on...
ITALY - Candover acquires 40% stake in Technogym
According to reports, Candover has acquired a 40% stake in fitness equipment supplier Technogym.
RUSSIA - Icon acquires Delta Bank
According to sources, Icon Private Equity has acquired 49% of Ukrainian bank Delta Bank in a deal reported to be worth USD 350m.
GERMANY - Argantis to sell NordSüd
Argantis has sold its majority stake in NordSüd Speditionsgesellschaft mbH to BIP Investment Partners and the company's management for an undisclosed amount.
NORWAY - Norvestor completes recapitalisation of Elixia
Norvestor Equity has completed a refinancing worth approximately EUR 100m of Elixia Nordic ASA, the Nordic fitness chain, fully returning the original investment to the investor.
AUSTRIA - Earlybird and Delta lead investment in Miracor
Earlybird and Delta Partners have completed a Series-A financing round of EUR 6m for medical technology company Miracor GmbH.