Deals
DENMARK - Unifeeder is acquired by Montagu for over EUR 400m
Montagu Private Equity has acquired feeder operator Unifeeder from its management for over EUR 400m. The investors acquired 100% of the company, but the management will take a significant stake in the business going forward. Unifeeder was sold via an...
FRANCE - Towerbrook makes 3x from sale of InfoPro to Apax
Towerbrook Capital Partners has generated 3x its money on the sale of professional information group InfoPro Communications to Apax Partners SA.
UK - Graphite Capital sells Avery Healthcare to Southern Cross for £96.5m
Graphite Capital has sold its majority shareholding in Avery Healthcare to Southern Cross Healthcare Group realising returns of 2.7x. The deal values Avery, which owns and operates care homes for the elderly, at ТЃ96.5m. Southern Cross is buying 16 of...
UK - HgCapital acquires stake in RidgeWind
HgCapital has acquired a substantial equity stake in Oxfordshire-based wind developer, RidgeWind Ltd. HgCapitalтs investment includes the acquisition of a majority stake in the company, expansion capital and long-term equity for RidgeWindтs wind development...
UK - ABN AMRO portfolio company Volution acquires Manrose
ABN AMRO Capital portfolio company Volution has acquired Manrose Holdings Ltd from its private owner. This represents the first step of a buy-and-build strategy for Volution, the ventilation and heating company ABN AMRO acquired in a secondary management...
UK - Enterprise Ventures completes further investment in H20 Networks
Enterprise Ventures has completed a further investment in H2O Networks Ltd through its Coalfields Enterprise Fund. Enterprise Ventures first invested in the company during late 2006 to finance the companyтs growth plans and this follow-on round of funding...
NORWAY - Ferd Ventures invest EUR 2m in Kvaleberg
Ferd Ventures has invested EUR 2m in Kvaleberg, a mobile software company located in Oslo. The investment will be used to accelerate international growth.
FRANCE - AXA Private Equity backs buyout of payment software business
In a management buyout, AXA Private Equity has acquired the majority of the shares of Welcome Real-time, a provider of payment software for financial institutions and payment networks.
NL - Amsterdam Molecular Therapeutics launches IPO
VC-backed human gene therapy specialist Amsterdam Molecular Therapeutics (AMT) has launched an offering of up to 5 million new shares, for a price range of EUR 8-10.
UK - Close Ventures backs Point 35 Microstructures with £1.95m investment
Close Ventures has invested ТЃ1.95m in Point 35 Microstructures, a supplier of refurbished semiconductor wafer processing equipment. The funding round totalled ТЃ2.1m.
UK - Enterprise Ventures invests in Chromatide Ltd
Enterprise Ventures has invested in chemical services company Chromatide Ltd through its RisingStars Growth Fund II.
UK - YFM provides sign manufacturer with £250,000
YFM Group has invested ТЃ250,000 in sign manufacturer D&H Sign Manufacturing Ltd through its Yorkshire and Humber Equity Fund.
FRANCE - European Capital invests EUR 55m in Go Voyages
European Capital has invested EUR 55m in senior and junior mezzanine bonds and preferred and common equity in travel agent Go Voyages. The company was the subject of a buyout supported by Financière Agache Private Equity earlier this year.
UK - European Capital acquires Hillarys Blinds for EUR 337m
European Capital has announced the EUR 337m secondary buyout of Hillarys Blinds, a provider of made-to-measure blinds, from Change Capital Partners. The firm provided equity, loan notes, mezzanine debt and senior term loans, to complete the one stop...
UK - Apax and Permira will recap New Look if sale doesn't go through
The sale of Apax and Permira-portfolio company New Look is still on track, according to reports. Merrill Lynch is running an auction to facilitate the disposal with TPG and Warburg Pincus bidding together against BC Partners. A price tag of approximately...
UK - Mangrove Capital leads $8m series-B funding for Seatwave
Mangrove Capital Partners has led an $8m series-B funding round for Seatwave, a fan-to-fan ticket exchange. Mangrove joins existing investor Atlas Venture which provided $3m of series-A funding for the company in May 2006.
UK - Aberdeen invests £1.4m in Cyclotech
Aberdeen Asset Managers Growth Capital has provided oil and gas services company Cyclotech with ТЃ1.4m of equity funding. The new capital will be used for product development, additional management appointments and new offices in Singapore and Houston....
UK - Graphite Capital backs MBO of Dominion Technology Gases
Graphite Capital has backed the management buyout of Aberdeen-based Dominion Technology Gases from its founder. Dominion is a supplier of specialist gases used for diving, welding and testing by offshore oil and gas customers. Royal Bank of Scotland provided...
CEE - Warburg Pincus in $100m financing round for IMB
Warburg Pincus has participated in a $100m equity financing round for IMB Group Public Ltd, the Ukraine's leading consumer lender. Warburg Pincus contributed $43.8m, with the balance of the investment committed by existing investors Horizon Capital, East...
NL - Lion Capital acquires HEMA
Lion Capital has acquired Dutch retailer HEMA from Maxeda. The deal is subject to regulatory approval, expected before the end of July 2007.
UK - RBS to sell Southern Water for £4bn
Royal Bank of Scotland is to sell Southern Water for ТЃ4bn. RBS has appointed Deutsche Bank to run a process to facilitate the sale of the water company which supplies homes in Kent, Sussex and Hampshire.
FRANCE - Avenir Tourisme invests in 5-a-side football
Urban Football, a company running 5-a-side football centres has received EUR 1m in equity and convertible bonds from Avenir Tourisme, its managers and other existing stakeholders.
UK - Terra Firma exits Thresher and pension assets of Thorn TV rental business
Terra Firma has sold the 2000-strong off-licence chain Thresher to a team of investors led by Edmund Truell. The deal includes the sale of another of Terra Firma's assets from its first fund, the pension assets of Thorn, the television rental company....
GERMANY - Henderson sells Homann to IFR Capital
Henderson Private Equity has exited food manufacturer Homann through a sale to AIM-listed investment company IFR Capital. IFR has acquired 100% of the share capital of Homann, continuing its strategy of consolidation in the European retail food sector....