Deals
UK - August Equity portfolio company completes acquisitions
August Equity portfolio company Boat International Media Ltd has acquired The Wood Report, a database and information provider for the superyacht industry, for an undisclosed sum. In addition, the company has also acquired the remaining 50% stake in the...
UK - MTSF invests in nanoTherics
The Mercia Technology Seed Fund (MTSF) has invested an undisclosed sum into scientific medical devices company nanoTherics Ltd.
GERMANY - Leonardo Venture increases participation in Culavis GmbH
Leonardo Venture GmbH & Co KGaA has increased its stake in portfolio company Culavis GmbH by 10%, taking its interest in the business to 48%. In addition to the purchase price for the shares, Leonardo Venture is also making a silent participation, bound...
GERMANY - EQT Opportunity acquires Strauss Innovation
EQT Opportunity has signed an agreement with the shareholders of private label retail chain Strauss Innovation to acquire a majority stake in the company through a capital increase. The current majority owners, the Geringhoff family, will continue to...
CEE – Arcapita acquires Pinnacle Real Estate
Arcapita has acquired Pinnacle Real Estate, a developer and operator of logistics warehouses in Central and Eastern Europe, from Merrill Lynch for an undisclosed sum. The deal includes 230,000 square metres of leased warehouses and a land bank of nearly...
UK - 3i takes stake in environmental consultancy
3i has acquired a significant minority stake in environmental consultancy SLR from ISIS Equity Partners for £32.5m. The investment values the company at £100m.
FRANCE - Colony and Eurazeo to raise stakes in Accor to 30%
Colony Capital and Eurazeo plan to raise their stakes in publicly listed Accor to a combined total of 30%. On 13 May 2008 Eurazeo will thus own 19,561,291 shares, which is 8.5% of Accor’s share capital, and over time will seek to increase this position...
US/NORWAY – HitecVision sells Knowledge Systems
HitecVision has sold its stake in Knowledge Systems, a Sugar Land, Texas-based provider of geopressure and geomechanical software, to Halliburton Inc (NYSE: HAL) for an undisclosed value. The business was acquired through Landmark, a product service line...
SPAIN – Vista-backed toy manufacturer to loose Disney license
Market rumour suggests that toy manufacturer Famosa, backed by Vista Capital, could loose the license to manufacture toys under the Disney brand. If the reports hold true, the company risks loosing one of its most successful product lines to US toy manufacturer...
ITALY – Valentino delisting completed
It is understood that the last stage of the Valentino delisting by Permira, which is valued at EUR 1.8bn, has concluded.
SPAIN – N+1-backed Eolia Renovables gets EUR 80m loan
N+1-backed renewable energy specilaist Eolia Renovables has received an EUR 80m loan from Banesto in order to guarantee its operations until 2010.
SPAIN – Caja Navarra to invest in video game developer
Caja Navarra is to invest up to EUR 500,000 in Catalonian video game developer U-Play Studios through the Eurocam Alto Rendimiento fund.
FRANCE – EdRIP supports duel acquisitions for CEME
Edmond de Rothschild Investment Partners' (EdRIP) portfolio company Compagnie d’Entreprises Mechaniques et Electroniques (CEME), which comprises a number of diverse industrial businesses, has completed the joint acquisitions of air conditioning specialists...
US/SWEDEN - Nordic Capital in $4.1bn buyout of ConvaTec
Nordic Capital Fund VII and New York-based private equity firm Avista Capital Partners have acquired ConvaTec, a provider of wound therapeutics and ostomy care products, from Bristol-Myers Squibb for $4.1bn. The deal is expected to close in the third...
UK - RJD acquires Comtec
RJD Partners has acquired Comtec, a specialist supplier of software solutions to travel agents, for an undisclosed sum. HSBC provided senior debt for the deal.
ITALY - BS Private Equity exits textile manufacturer
BS Private Equity together with IPEF III and MPS Venture has sold its controlling stake in textile manufacturer Klopman in a deal with an enterprise value of EUR 70m, generating a 3x money multiple for the seller.
SWEDEN – 3i looking to auction off Ambea
According to reports, 3i is in the process of auctioning off its 75% stake in Ambea, a Swedish healthcare provider, for up to EUR 900m. Bidders rumoured to be interest include Doughty Hanson, PAI Partners and Merrill Lynch Private Equity. The Singapore...
GERMANY - Paine & Partners complete acquisition of Stabilus GmbH
Paine & Partners have completed the acquisition of gas springs manufacturer Stabilus GmbH from Montagu Private Equity. The value of the deal was not disclosed but reports indicate that it is worth more than €500m.
UK - Seraphim and Oxford Capital invest £2m in Sirigen
Seraphim Capital and Oxford Capital Partners have invested £2m in Sirigen, a company that uses light-harvesting polymeric materials in its High Sensitivity Flurescence technology. The technology is used in biological assays with a specific focus on diagnostic...
UK - YFM invests £250,000 in GO-SIM
YFM Venture Finance has invested a further £250,000 in prepaid global SIM cards provider for mobile phones GO-SIM.
FRANCE – IPO invests in Maisons Socoren
IPO has invested in construction company Maisons Socoren. The investment will be used to consolidate it’s position in the market as well as continue the company’s development program.
SWEDEN - Triton makes SEK 1.5bn bid for listed Cision
Triton, through Swedish holding company Cyril Acquisition AB, has made a public offer of SEK 1.5bn for Cision, a Stockholm based PR, IR and marketing communication and consultancy business. The bid is set to SEK 20 per share, which is a 66% premium compared...
UK - ECI buys ilG Digital
ECI Partners has acquired digital communications agency ilG Digital Ltd in a deal which values the company at around £45m.