Deals
NORWAY - Reiten & Co acquires Brubakken
Reiten & Co Capital Partners VII has acquired a majority stake in Brubakken, a supplier of forklifts and material handling machines, for an undisclosed value.
FRANCE – Demeter injects EUR 1.5m in TREZ
Demeter Partners has invested EUR 1.5m in TREZ in a first round of financing. TREZ plans to industrialise an innovative patented zinc-bearing hazardous waste process originating from the surface treatment industry. The financing round will be used to...
UK - YFM in £2m investment in Micrima
YFM Group and Swarraton Partners have led a £2m investment in Micrima, a company that is developing radio wave technology to improve the detection of breast cancer.
SPAIN – Riva y García backs sportsware firm
Riva y García has invested in sportswear company Kelme in a deal valued at approximately EUR 14m.
UK - Shackleton Ventures raises fund and strikes deal
Shackleton Ventures has closed Shackleton Secondaries II LP (SSIILP), a £25m fund dedicated to secondary deals. The private equity house has also purchased 13 portfolio companies from 3i for an undisclosed amount.
UK - Matrix re-cap delivers 5x returns
Matrix Private Equity Partners (MPEP) has re-capitalised Holloway White Allom, a construction company. The deal was financed with £5m of cash and a £12m debt package from Lloyds TSB.
FRANCE – Blackstone seeking Vitalia Exit
The Blackstone Group is reportedly seeking to divest healthcare clinic operator Vitalia. The company has 46 clinics and generates around EUR 650 million in revenues.
ITALY – Advent-backed Venere signs Chinese deal
Advent-backed travel and accommodation operator Venere.com has signed an agreement with Chinese travel group Derbysoft, granting the travel agencies in Derbysoft's portfolio access to the services and offers available through Venere.com.
UK - Epi-V invests £5m in Guardian Global Technology Group
Oil and gas private equity fund Epi-V has invested £5m in Guardian Global Technology Group, a manufacturer of specialist measurement equipment used in oil field production.
SPAIN – N+1 acquires logistics firm
N+1 has acquired an 84% stake in logistics firm Bestin in a deal valued at EUR 26.8m. EUR 13.4m was provided in the form of a capital expansion and the other half as a participatory loan.
UK - New US player buys oil services company
Intervale Capital has acquired Aberdeen-based oil services company Hydrafit in a deal worth more than £20m. RBS supplied an £18m debt packaged to support the deal in addition to a £3.5m working capital facility.
FRANCE – OFI set to acquire Gault et Fremont
OFI Private Equity has signed an agreement with LBO France to purchase Gault et Fremont. The deal will see LBO France exit its interest in the company while OFI will hold a yet to be determined majority share alongside the management.
UK - Primary backs buyout of Pacific Direct
Primary Capital has acquired Pacific Direct, a supplier and manufacturer of branded toiletries and guest accessories to the luxury hotel and cruise line market.
RUSSIA - Ahlstrom sells Wessen
Ahlstrom Capital has sold its 70% stake in Russian electrical accessories manufacturer Wessen Group to Schneider Electric.
DENMARK - Glitnir Total Capital exits Rahbekfisk
Glitnir Total Capital, JSSS and management have exited their investment in Rahbekfisk after a two and a half year holding period. The Danish convenience food manufacturer has been sold to trade buyer Espersen A/S.
UK - Catapult backs buyout of BWB Consulting
Catapult Venture Managers has supported the buyout of BWB Consulting Ltd, an engineering and environmental consultancy.
SPAIN – Suma Capital acquires engineering firm
Suma Capital has completed the acquisition of a 75% stake in engineering consulting firm Auding in a management buyout. The management team hold the balance of the shares.
FRANCE – Crédit Agricole invests in Conexia
Crédit Agricole Private Equity and Vaorem have purchased a 49% stake in Conexia Energy. Crédit Agricole made the investment via Capenergie, its FCPR energy fund. Vaorem is a developer and operator of wind farms based in Bègles.
SPAIN – Carlyle-backed Applus+ to certify helicopters
Carlyle-backed Applus+ will expand its business with its entry into Inaer, a company specialising in the certification of helicopters.
FRANCE – Apax set to buy shares in Altran
Apax Partners will take part in a EUR 130m capital increase in Altran Technologies Company by July 31. The price per share price will be between EUR 5 and EUR 6.
ITALY – Investitori-backed Kedrion to float
It is understood that Kedrion, a major manufacturer of plasma derivatives in Italy, 40% owned by Investitori Associaciti IV, has filed for a listing on the Star segment of the Milan stock exchange.
NETHERLANDS - NIBC sells its stake in Vitae
NIBC Capital Partners has sold its stake in recruiting agency Vitae to Manpower.
UK - Truphone raises £16.5m series-B funding
A group of investors has invested £16.5m in VOIP company Truphone. Backers include exisiting investors Burda Digital Ventures, Independent News & Media, Eden Ventures and Wellington Partners Venture Capital, as well as private investors.
CEE – RC II acquires 63% of Antares Hotels in EUR 8m deal
Reconstruction Capital II has acquired 63% of Romanian resort Antares hotel in a EUR 8m deal. The deal consisted of the acquisition of existing shares and subscription to new shares. This represents the first investment for Reconstruction Capital since...