Deals
SPAIN – Caja Navarra led consortium backs game operator
Eurecan, Caja Navarra’s platform to support entrepreneurs, Ingenia Capital and the Roca Junyent family office have acquired a 31% stake in game operator Quasar Elite Spain, in a deal valued at EUR 5.1m. The remaining stake is held by majority shareholder,...
SWEDEN - FSN Capital acquires 65% of battery charger manufacturer
FSN Capital II has acquired 65% of the shares in CTEK/Creater Group, a manufacturer of battery chargers and product consultant, for an undisclosed value. The founder, Bengt Wahlqvist, will retain the balance of the shares.
FRANCE - VC consortium exits Realviz
A venture capital consortium consisting of Intel Capital, Eurazeo, MVI Sverige, HPI Holding SA, Edmond de Rothschild Investment Partners and Solaris Asset Management have all realised their investments in Realviz after it was purchased in its entirety...
GERMANY - 3i invests in DruckChemie
3i has signed an agreement to back the buyout of DruckChemie, a speciality service provider to the printing industry, for €133m from SG Capital Europe and Quartus.
UK - Vitruvian acquires Tinopolis plc
Vitruvian Partners has reached an agreement with Tinopolis, a TV production company, to acquire the business for a total consideration of approximately £44.7m.
UK/GERMANY - Exponent investee company buys Hobsons
Target Holdings Ltd, a recruitment business and portfolio company of Exponent Private Equity, has acquired UK- and Germany-based graduate recruitment business Hobsons Plc for £26m.
SPAIN – Corpfin exits boat manufacturer
Corfin has sold its stake in yacht manufacturer Faeton in a trade sale to Astondoa, the main sector player in the Spanish market.
CEE – First Reserve and Crossroads complete NWR IPO
First Reserve Corporation and Crossroads Capital Investment have completed the listing of mining company New World Resources' (NWR) on the London, Prague and Warsaw Stock Exchanges.
GERMANY - AUCTUS aquires Dieter Braun GmbH
Funds advised by AUCTUS Management & Co KG have acquired a majority stake in operating elements company Dieter Braun GmbH for an undisclosed amount.
NETHERLANDS – KBC sells 28% of Corelio
According to sources, KBC has sold 28% of Belgian newspaper publisher Corelio. The deal value is unknown, however the company is thought to be worth in the region of EUR 165m, which would mean that the private equity house's stake is worth approximately...
RUSSIA - CVCI sells NLC for EUR 200m
Citigroup Venture Capital International (CVCI) and RosEvroGroup have sold a 90% stake of National Logistic Company (NLC), a warehousing services provider, to Finland-based Itella Group for approximately EUR 200m, with RosEvroGroup retaining a 10% holding....
GERMANY/AUSTRIA - Hannover Finanz backs MBO of HOLZ-HER Reich Spezialmaschinen
Hannover Finanz has backed the management buyout of machinery and tools manufacturer HOLZ-HER Reich Spezialmaschinen GmbH as part of a succession solution, taking over 90% of the shares of the company from the family owners.
GERMANY - DEWB leads EUR 5m investment into Nanda
Lead investor Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG (DEWB) and business angel network BrainsToVentures AG (b-to-v) have participated in a EUR 5m Series-B financing round for inspection systems company Nanda Technologies. Other investors...
GERMANY - BASF Venture Capital leads EUR 4m funding for Deutsche Rohstoff AG
BASF Venture Capital GmbH has led a EUR 4m round in raw material producer Deutsche Rohstoff AG, contributing half of the total sum.
UK - Banexi invests in Reevoo
Banexi Ventures Capital has invested in review collection and publishing site Reevoo alongside existing investors. This is the second institutional round of funding for the company, following on from an investment in 2006 from a consortium of investors...
GREECE – Carlyle to acquire chemical business
According to reports, Carlyle Group is in the process of acquiring a controlling stake in chemical company Neochimiki.
UK - Penta completes £18m GRS Group acquisition
Penta Capital has acquired international executive recruitment company GRS Group for £18m. Investec provided £5.25m of receivables and acquisition finance.
FRANCE – Activa takes 37% stake in Sport 2000
Activa Capital has acquired a 37% stake in sports retailer Sport 2000. The deal will lead to a demutualisation of the company's current co-operative structure and the regroupment of all 398 ‘co-op’ members to transform it into a private company structure.
SPAIN – 3i to re-invest in Pepe Jeans
3i is thought to be preparing the acquisition of a 30% stake in textile manufacturer Pepe Jeans, in a deal which could be worth up to EUR 150m mark.
SPAIN – Vector Capital and Ingenia Capital acquire Gas Gas
Vector Capital, the private equity arm of Caixa Penedès, and Ingenia Capital, managed by Alta Partners, have acquired a 65% stake in motorbike manufacturer Gas Gas.
UK - Baird sells ArmorGroup for £44m
Baird Capital Europe has sold its stake in security services company ArmorGroup International Plc to G4S, an international security solutions group, for a total consideration of £44m, respresenting a price of 80 pence per share in cash.
SWEDEN - Smedvig backs SelStor with £15m
Smedvig Capital has invested £15m (SEK 175m) in SelStor AB, a self storage company.
GERMANY - Wellington Partners leads investment in Retailo
Wellington Partners has led a first round of funding for gift card company Retailo AG. The size of the round was not disclosed, but was described as 'significant'.
CEE - Private equity consortium acquires GTS CE
A consortium led by Columbia Capital, M/C Venture Partners and Innova Capital has wholly acquired telecom service operator GTS Central Europe for an undisclosed sum. The consortium also includes HarbourVest Partners, Oak Investment Partners and Bessemer...