Deals
GERMANY – DEWB and zouk ventures co-lead EUR 11m investment
Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG (DEWB) has co-led a EUR 11m financing round for Nanotron Technologies Ltd alongside British venture firm zouk ventures. DEWB has acquired an 18.1 percent stake in the business. In addition to...
UK - 3i portfolio company buys Allclear Clinic
Ultralase, which was bought by 3i in February, has acquired Belfast-based Allclear clinic, a refractive clinic, from the Quality Healthcare Group.
UK - Zeus buys four hotels for £25m
Zeus Private Equity (ZPE) has bought four hotels to add to its Hallmark Hotel Group for the combined sum of £25m. Senior debt was provided by Allied Irish Bank.
UK - Hotbed invests in new residential health spa
Hotbed has invested £23.8m in a deal to construct and operate a purpose-built residential health spa in Essex with 100 bedrooms and 92 treatment rooms called thelifehouse.
GERMANY - Axa acquires Löwen Play from Waterland
Axa Private Equity has agreed to acquire Löwen Play GmbH from Waterland Private Equity in a transaction rumoured to be worth at least EUR 300m. Löwen Play GmbH is based in Bingen and operates more than 190 amusement arcades as well as a number of machines...
UK - Sovereign acquires World Class Learning Schools
Sovereign Capital has completed the £34m management buyout of educational firm World Class Learning Schools and Systems Ltd (WCLS).
FRANCE – MBO Partenaires takes 50% stake in insurance company
MBO Partenaires has taken a stake of around 50% in property insurance company Lyonnaise de Garantie, backing the buyout of the firm by the company's two managers, Daniel Brèches and Pierre Belin.
UK - Langholm acquires majority stake in Tyrrells Potato Chips
Langholm Capital has acquired crisp company Tyrrells Potato Chips.
UK - Bowmark backs £75m buyout of Healthcare Homes
Bowmark Capital has backed the £75m buyout of elderly residential care provider Healthcare Homes from August Equity.
UK - Gresham acquires Johnson Clothing
Gresham Private Equity has backed the mangement buyout of corporate wear provider Johnson Clothing Ltd (JCL) from Johnson Service Group Plc (JSG). The completion of the deal is subject to shareholder approval.
UK - Endless supports buyout of four companies
Endless Private Equity has supported the management buyout of four trading companies from Amco Corporation Plc for £9.4m. Amalgamated Construction, Amco Drilling, Amco Plastics and Amco Developments have been acquired by new parent company Amco Group...
UK - HNW's back WorkSmart solutions MBI
A group of high-net-worth individuals has backed the management buy-in of niche compliance software business WorkSmart Solutions. The deal value is thought to be under £10m.
UK - HgCapital sells Boosey & Hawkes
HgCapital has sold classical music publishing and rights group Boosey & Hawkes to Imagem, CP Masters BV and an independent European music publisher for £126m. Imagem Music is the music publishing fund of Stichting Pensioenfonds ABP.
FRANCE – Edmond de Rothschild backs electronic systems solutions company
Edmond de Rothschild Investment Partners has invested EUR 1.4m in Innovation Developpment’s holding company ID finance with management investing EUR 2.2m. Senior debt was provided by Banque Populaire and Crédit Agricole Nord-est.
SPAIN – Mercapital readies acquisition of engineering firm
According to reports Mercapital is finalising a majority stake acquisition in Obras Subterraneas (Ossa) which it has valued at over EUR 200m.
France – I-Source and 360º inject EUR 2.4m in Iminent
I-Source Gestion and incumbent backer 360º Capital Partners have injected EUR 2.4m into Iminent in a second round of financing. The company has had a total EUR 5.4m of investments to date.
UK - Bank of Scotland backs Tulloch Homes
Bank of Scotland Corporate's Joint Ventures business has acquired a 40% stake in house construction company Tulloch Homes Group.
SWITZERLAND/FRANCE – Argos Soditic tucks into Valora
Argos Soditic has bought three food production companies from Swiss logistics and retail holding company Valora Holding AG. Switzerland-based Roland Murten AG and Kägi Söhne AG and French company Cansimag France SA have been acquired for an undisclosed...
UK - NVM invests £5.6m in Axial Systems
NVM Private Equity has invested £5.6m in the management buyout of Axial Systems Ltd, a supplier of portable and distributed solutions for network management, analysis and security in the UK.
Infra a shock
The liquidity bubble came to define the term infrastructure and gave a false picture of market depth. Private equity firms’ keen on snatching a piece of the infrastructure pie should be warned: there may not be enough to go around.
Public markets and private equity
Conditions in the public markets present an opportunity on the acquisition front but restrict exit options
UK - One Equity invests $150m in Clipper Windpower
One Equity Partners will invest $150m into Clipper Windpower Plc, a manufacturer of wind turbines and developer of wind energy projects. The new funds will be used to finance Clipper’s ongoing working capital requirements and strategic supply chain...
SPAIN – Octapris and Compas Private Equity invest in logistics firm
According to sources, family office Octapris Investments and Compas Private Equity have invested around EUR 150,000 in logistics company eContainers for a 24% stake in the company.
GERMANY - OEP increases stake in Pfleiderer
One Equity Partner has increased its stake in listed wood building materials company Pfleiderer AG. In January, OEP acquired around 15% of the company, and has now increased its shareholding to 20.4%.