Deals
UK - ETF leads £13m investment in Metalysis
Environmental Technologies Fund (ETF) has led a ТЃ13m funding round for Metalysis, a technology business for the specialty metals industry. 3i, QinetiQ, Seven Spires, Chord Capital and Cambridge Capital Group also participated in the round. The investment...
UK - NVM acquires Astbury Marsden in £17.5m deal
NVM Private Equity Ltd (NVM) has acquired Astbury Marsden, a specialist provider of recruitment services to the banking sector in the City of London, in a ТЃ17.5m deal. NVM invested ТЃ5.6m to facilitate the management buyout alongside debt provided by...
SPAIN - Ibersuizas receives attractive offer for Alcasa
Private equity firm Ibersuizas is said to have received an attractive offer for its stake in Aluminio Catalán SA (Alcasa) from industrial player Abengoa. Rumour has it that the auction process, led by corporate finance boutique Atlas Capital, also involves...
FRANCE - Aurel Nextstage invests in Colorado
CRM and call centre specialist Colorado Conseil & Formation has received EUR 2.5m from French venture and growth capital firm Aurel Nextstage.
UK - Montagu acquires ghd brand from LDC
Montagu Private Equity has backed the ТЃ160m management buyout of the Jemella Group, the owner of the ghd hair straightening brand. The deal represents an exit for previous backers LDC who acquired the business in July 2006 for an undisclosed sum. Montagu...
SWEDEN - Proventus invests SEK 70m to save J.Lindeberg
Proventus has agreed to invest SEK 70m in fashion company J.Lindeberg. The deal gives Proventus a 35% stake in the business which has recently experienced difficulties between founder Johan Lindeberg and the current owners. Following the new investment,...
SWITZERLAND - GlycoVaxyn receives CHF 11.5m
Sofinnova Partners and Index Ventures have provided Swiss biotech company GlycoVaxyn with CHF 11.5m of series-A funding. GlycoVaxyn is developing the next generation of conjugated vaccines (antigenic sugar/protein complexes) which target bacterial infections....
FINLAND - Navicore is acquired by Wayfinder
Navicore, the provider of interactive on-board navigation products for smart phones and Nokia Internet tablets, has been sold to Wayfinder.
UK - Providence re-enters the fray for Virgin Media
Providence Equity has expressed its interest in Virgin Media ten months on from its last play for the business. Providence was reported to be interested in bidding for the US-listed company in 2006 when it was known as NTL before its merger with Virgin...
UK - LondonTechnology Fund backs vaccines for viruses technology
London Technology Fund (LTF) has completed an investment in Immune Targeting Systems (ITS) Ltd, a company which is developing vaccines for mutating viruses. LTF is participating in a ТЃ3.5m series-A funding round for ITS alongside Novartis Venture Fund...
FRANCE - Crédit Agricole Private Equity leads EUR 10.5m investment in Valorem
Via its fund Capenergie, Crédit Agricole Private Equity (CAPE) has led a first round of funding in wind farm developer Valorem, alongside Avenir Entreprises and Grand Sud Ouest Capital (GSO).
UK - Enterprise Ventures backs radio frequency identification business
Enterprise Ventures has completed an investment in Merseyside-based CoreRFID Ltd, a radio frequency identification business. The investment was made on behalf of the Coalfields Enterprise Fund, managed by Enterprise Ventures on behalf of the Department...
FRANCE - European Capital buys CEO's stake in Soflog
Market sources suggest European Capital has acquired a majority stake in industrial logistics business Soflog, currently backed by 3i, from its CEO Nicolas Nonon.
BELGIUM - KBC Arkiv invests EUR 1m in Intek
KBC Arkiv has injected EUR 1m in Intek, a Flemish manufacturer of proprietary innovative electro-mechanical keys, which combine the benefits of traditional cylinder locks and badge access control systems.
BELGIUM – KBC Private Equity invests in Wever & Ducré
KBC Private Equity together with the current principal shareholder Frank Deceunick, has invested in Belgian lighting company Wever & Ducré. The new funding will be used to further grow the company organically and externally.
UK - Advent's pharmaceutical portfolio company obtains new distribution rights
Speciality European Pharma Ltd (SEP), an Advent Venture Partners portfolio company has obtained distribution rights to AmphocilТЎ for Germany, France and Italy. AmphocilТЎ is a product owned by Three Rivers Pharmaceutical LLC and is presently marketed...
UK - Matrix completes £6.5m MBO of DiGiCo
Matrix Private Equity Partners has financed the ТЃ6.5m management buyout of DiGiCo, a manufacturer of digital mixing consoles for post-production, broadcast, live performance and theatre markets across the world.
FRANCE - XAnge and OTC AM invest in online household goods retailer
XAnge Private Equity and OTC Asset Management have injected EUR 3.3m in Delamaison.fr.
UK - Close Ventures leads £1.5m funding round for software company PSE
Close Ventures is pleased to announce that it has invested ТЃ1.5m into Process Systems Enterprise (PSE).
GERMANY - Neuhaus Partners backs ICS
Neuhaus Partners has invested in internet startup company ICS Internet Consumer Services. The funding will be used to develop ICS’s latest web 2.0 project, verwandt.de. The invested amount has not been disclosed but it is understood to be in the million...
FRANCE - UI Gestion backs management buy-in of Didactic
UI Gestion, regional fund NCI Gestion and CDC Entreprises have backed the MBI of Didactic, a designer, manufacturer and distributor of disposable medical equipment.
FRANCE - Rhône-Alpes PME Gestion backs TSV spin-off
Rhône-Alpes PME Gestion has invested EUR 850,000 in equity and convertible bonds to back the management buyout of Transformateurs Solutions Vénissieux (TSV) from Areva T&D.
FRANCE - Methane-based energy specialist Naskeo raises EUR 2.6m
Oddo Asset Management and XAnge Private Equity have each invested EUR 1.3m in Naskeo Environnement, a renewable energy solution provider.
FRANCE - French-born Virtual Logix receives $16m B-round
Formerly known as Jaluna, Virtual Logix has raised $16m from a syndicate led by Esprit Capital Partners, and including new investor Intel Capital, and existing investors Atlas Venture and Index Ventures.
