Deals
UK - AFM invests £2.5m in ULive
Alliance Fund Managers (AFM) has invested £2.5m through the Merseyside Special Investment Fund's Liverpool Seed Fund into ULive Plc, a company that commercialises intellectual property generated by the University of Liverpool.
SWEDEN - Industrifonden leads SEK 15m investment into ScandiDos
Industrifonden has led a SEK 15m funding round for ScandiDos AB, an Uppsala-based developer of a system for the quality control of cancer treatments.
AUSTRIA - Morgan Stanley and BAST invest in Breitenfeld
Morgan Stanley Private Equity and BAST Investment Group have acquired a 38.5% stake in specialty steel producer Breitenfeld AG from the majority shareholders Fides Privatstiftung and Fortis Privatstiftung, who recently bought back the shares owned by...
NETHERLANDS – Icos and Capricorn invest in Ensartech
Icos Capital and Capricorn Cleantech Fund have invested in Ensartech, a Dutch company specialising in waste conversion technology.
UK - NBGI completes £16m Rock Asphalt acquisition
NBGI Private Equity has acquired roofing provider Rock Asphalt in a £16m buyout.
GERMANY - Equita acquires Karl Eugen Fischer Holding from Halder
Equita GmbH & Co Fonds 3 KGaA has purchased a majority participation in Karl Eugen Fischer Holding GmbH, through a secondary buyout from funds managed by Halder Beteiligungsberatung for an undisclosed amount.
SPAIN – Ahorro Corporación sells electronics firm to Siemens
Ahorro Corporación has sold electronics firm Fábrica Electrotecnica Josa (BJC) to Siemens.
ITALY - DLJ Merchant Banking backs Guala MBO
According to reports, DLJ Merchant Banking Partners, the private equity arm of Credit Suisse, will back the management buyout and subsequent delisting of Guala Closures, a maker of spirit and wine bottle tops.
FRANCE - EUR 2bn Converteam deal provides partial exit for BPE
According to reports, Barclays Private Equity (BPE) has completed a partial exit of power conversion engineering company Converteam in what is set to be the largest secondary buyout of the year, with a value of around EUR 2bn, backed by LBO France.
UK - Bridgepoint interested in Aero Inventory
Aircraft component supplier Aero Inventory has reportedly received an approach from Bridgepoint to buy the company for 720p per share.
FRANCE - LBO France to divest Cegelec
According to reports, LBO France and the management team have entered exclusive negotiations with Qatari Diar after seeing around ten offers tabled for electrical engineering group Cegelec. The asking price is thought to be around EUR 1.7bn.
NETHERLANDS - SET and Chrysalix invest in Epyon
SET Venture Partners and Chrysalix Energy have invested in Epyon, a spin-off company of the Delft University of Technology, which develops technology and IP in the field of ultra fast charging of advanced lithium-ion batteries.
ITALY – Wise backs two pharmaceuticals company
Wise Sgr has acquired a majority stake in Eurodifarm and Pucci Express, both companies operating in the pharmaceutical logistics sector.
GERMANY – Granville Baird said to exit Balzac Coffee
According to reports, Granville Baird, along with other existing stakeholders, is in advanced talks to exit coffee house chain Balzac Coffee. The interested parties are said to be strategic investors from France and the UK.
UK - Phoenix set to invest in White Stuff
According to reports, Phoenix Equity Partners is in advanced talks to acquire a minority stake in clothing brand White Stuff.
UK - ISIS to buy TravelJigsaw
Reports suggest that ISIS Private Equity is to close a buyout of international car hire provider TravelJigsaw, which trades as Carhire3000.com, in the coming week.
UK - 3i supports USD 45m fundraising for ApaTech
3i Plc and HealthCor Partners have invested USD 45m in ApaTech, a developer and provider of synthetic bone graft technologies.
UK - Sussex Place leads £1.5m investment in MyGoodness
Sussex Place Ventures has led a £1.5m investment into MyGoodness Ltd, owner of sports drink brand For Goodness Shakes, in return for a minority stake. The investor was joined in the financing by a number of private investors and family offices.
ITALY – Alto Partners-backed Rancilio acquires Egro Coffee
Alto Partners portfolio company Rancilio, a coffee machine manufacturer, has acquired a 52% stake in Swiss company Egro Coffee Systems. Rancilio previously held a 25% stake in Egro making its current holding 77%.
UK - Carlyle acquires Cash Systems in £360m deal
The Carlyle Group, through its fund Carlyle Europe Partners III, has acquired Cash Systems, a provider of cash handling technology, from De La Rue Plc for an enterprise value of £360m.
UK - HG Capital invests £42m in Achilles
HG Capital has invested £42m in data management and validation services provider Achilles. The total deal value has not been disclosed.
GERMANY - 3i sells German portfolio to Heidelberg Capital
3i Group Plc has sold a portfolio of 23 minority stakes in German companies to Heidelberg Capital for an undisclosed sum. This represents the second portfolio of investments 3i has divested in the last two months as part of its plan to sell off small...
UK - Finance Cornwall invests in Nature Paint Ltd
Finance Cornwall has invested an undisclosed sum in ecological paint manufacturer Nature Paint Ltd. Management also invested through Atticus Ltd and CAG Ltd, while Royal Bank of Scotland and South West Investment Group provided additional working capital...
UK - Finance Cornwall invests in Nature Paint Ltd
Finance Cornwall has invested an undisclosed sum in ecological paint manufacturer Nature Paint Ltd. Management also invested through Atticus Ltd and CAG Ltd, while Royal Bank of Scotland and South West Investment Group provided additional working capital...