Deals
UK - IMAC invests £7m into Review Centre
Ingenious Media Active Capital (IMAC) has invested £7m into Review Centre Ltd, a newly formed company that has been set up to acquire review website operator Resource Team Ltd, in exchange for 71.5% of the company's shares.
NORWAY - Nordic Capital acquires SafeRoad from Reiten
Nordic Capital Fund VII has acquired SafeRoad AS, a supplier of traffic solutions, from Reiten & Co for an undisclosed sum. No returns figures have been disclosed.
UK - Close Ventures invests £1.35m in Vibrant Energy
Close Ventures has injected £1.35m into energy services company Vibrant Energy Surveys Ltd as part of a £1.5m funding round.
SWEDEN - Triton fails to secure Cision bid
Triton, through its holding company Cyril Acquisitions AB, has failed to secure the 90% acceptance rate for its SEK 1.5bn take private of Cision, a Stockholm-based PR and marketing communications consultancy business, after Skandia Liv, who holds 6.3%...
UK - Apax backs spin-out of Sense
Apax Partners has led the buyout of biotechnology company Sense Proteomic Ltd from biosciences tools company Procognia Ltd.
SPAIN – Banesto backs leisure management firm
Enisa SEPI Desarrollo, a private equity fund managed by Banesto and the Collosa group, has invested EUR 4m in leisure centre management firm Gaia Gestión Deportiva, taking a majority stake in the business.
CEE - Warburg Pincus sells Euromedic to ALS and Merrill Lynch
Ares Life Science (ALS) and Merrill Lynch's private equity arm have acquired Hungarian healthcare provider Euromedic International from its current shareholders including Warburg Pincus. The deal originated through a Rothschild-led auction, in which several...
SWITZERLAND/FRANCE – Argos Soditic divests food companies after one month
Argos Soditic has agreed to sell Roland Murten AG and Cansimag France SA to Swiss food company Cornu SA for an undisclosed amount. This follows just one month after Argos Soditic acquired the two businesses, together with a third company, Kägi Söhne...
SWITZERLAND – BayTech leads USD 3m funding round for Ads-Click
BayTech Venture Capital has led a USD 3m second funding round for online advertising company Ads-Click. An initial investment of USD 4m investment was concluded in March 2007.
NORWAY - Norvestor acquires 70% of RenoNorden
Norvestor V LP has acquired 70% of waste collection company RenoNorden AS for an undisclosed sum. The previous owners and the management retain a 30% stake in the business.
SPAIN – Axis takes 5% stake in food company
Axis Participaciones Empresariales has taken a 5% stake in preserve company Isabel, which is owned by the Garavilla Family.
ITALY – Intesa Sanpaolo backs outsourcing firm
Imi Investimenti, part of the Intesa Sanpaolo Group, has acquired a 14% stake in outsourcing company Data Service through portfolio company Praxis Calcolo, one of Imi’s portfolio companies.
GERMANY - TVM Capital leads funding round for Winbox
Lead investor TVM Capital and angel-entrepreneur Robert Schneider have completed a first round of financing for Winbox Technologies AG, a provider of OEM technology solutions for Windows-based TV-centric consumer electronics.
SPAIN – Candover-backed Parques Reunidos acquires Kennywood
Candover portfolio leisure company Parques Reunidos has acquired US company Kennywood Entertainment, increasing the number of parks it controls to 67.
UK - Sovereign Capital portfolio company acquires Sureway Gas
Sovereign Capital-backed Kinetics Group, a provider of maintenance services to the social housing sector, has acquired heating and plumbing contractor Sureway Gas.
BELGIUM - Carlyle completes exit from Transics
Carlyle has sold its 42.2% stake in Transics, a provider of on-board computers and fleet management solutions for the transport and logistics sector, to Parcom. The transaction consisted of a block trade covering 16.5% of the outstanding share capital...
UK - YFM invests £300,000 in eflow
YFM Group managed South West Ventures Fund has invested £300,000 in eflow Ltd, a specialist software developer for the banking and financial industry.
NORWAY - Altor sells 50% of Lindorff to Investor
Altor has sold 50% of Lindorff Group AB, a debt collections company, to Investor AB in a transaction that values the company at an enterprise value of EUR 1.16bn. Altor retains the remaining 50%.
SWEDEN - Segulah portfolio company makes acquisition
Segulah portfolio company Nordform, a supplier of ground and water systems for infrastructure projects, has acquired SKT (Skandinavisk Kommunalteknik AB) for an undisclosed sum.
SWEDEN - STING Capital invests SEK 2m in Vocab
STING Capital has invested SEK 2m in Vocab AB, an education and vocational training company.
BELGIUM - GIMV sells five holdings to Becap
GIMV and Halder IV, which is owned by GIMV's subsidiary Halder, have sold five minority shareholdings to BECAP, a fund specialising in secondary transactions. The sales have had a negative impact of -EUR 800,000 on GIMV’s last equity value.
SPAIN – Inova Capital becomes main shareholder of DiLartec
Inova Capital has invested a further EUR 1.1m in technology company DiLartec and has become its main shareholder with more than a 90% stake.
FRANCE – 21 Investimenti acquires 80% stake in Club Med Gym
21 Investimenti has acquired an 80% stake in Club Med Gym in a deal valued at EUR 74m.
GERMANY - Cinven acquires Jost Group from Silverfleet Capital
Cinven has agreed to sell vehicles components manufacturer Jost Group to Silverfleet Capital for an undisclosed amount. The equity is invested from the fourth Cinven Fund.