Deals
SWEDEN - Segulah sells its remaining stake in HMS
Segulah II LP has sold its remaining 6.1% stake, corresponding to 649,105 shares, in communication technology supplier HMS Networks AB, which was floated in October 2007. The stake was sold to Latour, an investment firm owned by Gustaf Douglas that already...
UK - Investec provides £11m follow on funding for Telinet
Investec Growth & Acquisition Finance has continued its support of telecommunications provider Telinet Group, providing a follow on investment of £11m in the form of preferred equity to finance the acquisition of IT outsourcing company Pasporte Ltd.
UK - LGV acquires SandpiperCI division
LGV Capital has acquired the Hospitality Division of Duke Street-owned SandpiperCI, a Jersey-based food retailer.
UK - SGAM AI and CM-CIC back £11m Jobpartners investment
Société Générale Asset Management Alternative Investments (SGAM AI) and CM-CIC Private Capital have taken part in a £11m third round of funding for HR software company Jobpartners.
UK - Carlyle interested in Filtronic
Carlyle Group has announced that it is looking into a possible acquisition of listed electronics group Filtronic Plc.
FRANCE – Avenir Finance leads EUR 700,000 investment into Pole Star
Avenir Finance Gestion has led a EUR 700,000 early-stage investment into software company Pole Star. Avenir provided EUR 500,000, with the balance being contributed by a number of business angels.
DENMARK – OpenView injects $4.2m into Zmags
Zmags, a Danish online publications specialist, has closed a series-B funding round of $4.2m with commitments from OpenView Venture Partners, bringing total investments in the company to $7m.
FINLAND – Creandum leads EUR 3.5m funding for Xtract
Creandum has led a EUR 3.5m investment, alongside existing investor Eqvitec, into Xtract, a social advertising intelligence company.
NETHERLANDS - NIBC and Fortis sell Sandd
NIBC Capital Partners and Fortis Private Equity have sold their minority stake in Sandd to investment fund Trimoteur, the existing majority shareholder from which they purchased their collective interest in 2005.
SWEDEN – Altor acquires Åkers Group
Altor Fund II has acquired Åkers Group, a Swedish roll manufacturer to the steel and aluminium industry, from STC Interfinans for an undisclosed sum. The vendor will retain a significant minority stake in the business.
FRANCE - 2 Minutes raises EUR 1m funding
Alliance Entreprendre and Galia Gestion have invested EUR 1.05m in a first round of financing for animation studio 2 Minutes.
FRANCE - 21 Centrale Partners divests Averys
21 Centrale Partners has sold storage systems company Averys to LBO France in a secondary buyout transaction for an undisclosed sum.
UK - Low Carbon Seed Fund invests £175,000 into Evince
The Low Carbon Seed Fund has invested £175,000 into Evince Technology Ltd, a company that has developed a semiconductor device designed to reduces CO2 emissions, as part of a £500,000 funding round.
SPAIN – Sasor acquires 60% of renewable energy player
Prestige Group, through its private equity arm Sasor, and Grupo Inland have acquired 60% and 40% respectively of engineering firm Abrasolo, in a deal valued at EUR 15m.
PORTUGAL – Explorer to acquire recycling company
According to a note from Portuguese antitrust authorities, Explorer Investments is readying to acquire recycling firm Constantino Fernandes Oliveira & Filhos.
BELGIUM - Tate & Lyle et al invest EUR 3.5m in Fugeia
Tate & Lyle Ventures and Agri Investment Fund have invested EUR 3.5m in Fugeia, a newly formed functional food technology business with a focus on gut health.
FRANCE – CDC Entreprises and IRDI/ICSO invest in Audemat
CDC Entreprises and IRDI/ICSO have invested in Audemat, a manufacturer of data monitoring products for the broadcasting industry, in a third round of financing. They join existing investors Innovacom and Galia Gestion, who both previously invested EUR...
NORWAY - CapMan completes Monster acquisition
CapMan Buyout VIII has acquired Norwegian television production company Monster.
FRANCE - UFG and AGF invest EUR 5.5m in Bernard Julhiet Group
UFG Private Equity and AGF Private Equity have invested EUR 5.5m in Bernard Julhiet Group, a HR consulting business. The company will use the investment to continue its external growth and international expansion.
NETHERLANDS - Cinven-backed Ziggo to acquire T-Mobile unit
Cable television company Ziggo, which is backed by Cinven and Warburg Pincus, is said to be interested in acquiring the Dutch fixed-line broadband internet unit of T-Mobile.