Deals
SPAIN – CVC-backed paper producer acquires French distributor
Paper producer Torraspapel, part of CVC-controlled Lecta Group, has acquired French paper distributor Secmar.
GERMANY – Hanse Industriekapital acquires Balda subsidiaries
According to reports, Hanse Industriekapital has acquired Balda Solutions and Balda Werkzeugbau from German mobile phone supplier Balda AG.
GERMANY – KKR in talks to merge NXP with Infineon
According to reports, KKR is in talks with the chairman of German chipmaker Infineon to merge the business with portfolio company NXP.
GERMANY/US – Consortium invests in CoreOptics
A consortium of investors, comprising T-Com Venture Fund, GIMV, Crescendo Ventures, TVM Capital, High Tech Private Equity, Atila Ventures and Quest for Growth, has closed a USD 25m funding round for CoreOptics, a manufacturer of Gbps optical networking...
GERMANY – ECM backs MBO of Maredo
Equity Capital Management GmbH (ECM) has backed the secondary MBO of steak house chain Maredo. Managing director Uwe Büscher, marketing director Rita Hans and finance director Dietrich Etzler have collectively acquired 15% of the share capital.
GERMANY – b-to-v investor circle backs Online Advertising Solutions
The b-to-v investor circlehas led an undisclosed investment into Online Advertising Solutions. Daniel Klein, founder of online payment solutions service moneybookers, and existing stakeholders also participated in the financing.
UK - Barclays acquires 38% of MRH
Barclays Private Equity has acquired a 38% stake in MRH (GB) Ltd, an owner and operator of petrol filling stations, for an undisclosed sum.
ITALY – Private equity interest in snack and beverage distributor
Merrill Lynch Global Private Equity and Argan Capital are set to launch an auction to find a new buyer for snack and beverage distributor N & W Global Vending. Several private equity buyers are reported to be potentially interested in making a bid, including...
ITALY – Intesa Sanpaolo invests in Somacis Group
Intensa Sanpaolo’s Fondo Mezzogiorno has acquired a 20% stake in electronics manufacturer Somacis Group for an undisclosed sum.
FRANCE – Sofinnova et al. inject EUR 7m into Qosmos
A syndicate comprising Sofinnova, Alven Capital and GFK AG has invested EUR 7m into software company Qosmos in a third financing round.
UK - MSIF's Mezzanine Fund in £1m buyout of Sterling Scaffolding
Merseyside Special Investment Fund (MSIF) has invested £350,000 from its Mezzanine Fund to support the £1m buyout of scaffolding supplier Sterling Scaffolding Services Ltd.
UK - Merseyside Mezzanine Fund puts £400,000 into Sovex
Merseyside Special Investment Fund's £20m Mezzanine Fund has supported Sovex Ltd, a company that designs, manufactures and installs vehicle loading systems and conveyors, with a £400,000 investment.
SPAIN - SES Iberia acquires majority stake in Salgar
Espírito Santo Capital and Sigefi Private Equity, through their common fund SES Iberia, have acquired a 52% stake in bathroom accessories manufacturer Comercial Salgar in an LBO valued at EUR 48m.
SPAIN – Permira-backed Dínoslo gets go ahead
Permira portfolio company, commercial distributor Dínoslo, has announced the acquisition of seven supermarkets in the Canary Islands after approval was granted by anti-trust authorities. The deal was originally announced in December last year.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
UK - Longbow Capital backs CyDen in £2.8m funding round
Existing investor Longbow has led a £2.8m series-C funding round for CyDen Ltd, a medical devices developer, alongside Unilever Ventures.
NETHERLANDS – Lazard eyes Arcomet
According to reports, the private equity arm of Lazard and Sofina may be set to acquire a stake in crane company Arcomet. The news follows the launch in June 2007 of a sale process to find a new partner for the business.
UK - Private equity interest for RBS’s insurance arm
The auction of Royal Bank of Scotland’s insurance arm is due to begin this week and is expected to field a large collection of financial and strategic investors alike.
UK - Seraphim puts £2m in Aria Networks
Seraphim Capital has invested £2m in Aria Networks, a developer of next-generation artificial-intelligence software.
SWEDEN - Accent acquires Nordic Shelter Solutions
Accent Equity 2008 has completed the MBO of Nordic Shelter Solutions (NSS), a Swedish provider and developer of sheltering and warehousing solutions, from investors represented by Helmet Business Mentors for an undisclosed value.
SWEDEN - TPG Growth in $40m series-A funding for Albiero
Albiero, a Swedish biotechnology business, has closed a $40m series-A funding round with new commitments from TPG Growth. The company previously attracted $27m in February this year from Nomura Phase4 Ventures, TVM Capital and Scottish Widows Investment...
AUSTRIA/ITALY - Capexit acquires Anzi Besson
Capexit has acquired ski wear company Anzi Besson S.R.L., located in Turin. The business is to be held by newly established entity Besson Sportswear GmbH, which is located in Austria and owned by Capexit and the management.
GREECE – Carlyle aquires chemical distribution firm
The Carlyle Group has acquired a 73.54% stake in chemical distribution company Neochimiki LV Lavrentiadis from the Athens Stock Exchange. The deal is valued at EUR 749m; EUR 19 per share.
UK - Dunedin recaps Capula
Dunedin portfolio company Capula, an independent provider of IT automation solutions to the energy, utility and nuclear markets, has undertaken a £6m recapitalisation.