Deals
UK - Hotbed backs estate agency
Hotbed has invested £1.65m in estate agency WOW Property.
SPAIN – Quercus-backed Clickair to merge with Vueling
According to reports, Quercus-backed aircarrier Clickair is to merge with Vueling to create Spain’s third airline carrier.
GERMANY - Sun Capital Partners acquires Neckermann.de
Sun Capital Partners has closed the acquisition of 51% of mail order company Neckermann.de GmbH from Arcandor AG. Arcandor AG continues to hold 49%.
GERMANY - Earlybird leads EUR 3m round in Clean Mobile AG
Earlybird has led a EUR 3m Series A financing round in designer and manufacturer of fuel cell powered drives Clean Mobile AG.
ITALY – New player shows interest in air carrier
New Italian firm GL Investimenti, led by Giovanni Malagò and Lupo Rattazzi, is looking to invest in air carrier Air One, according to reports.
SWEDEN - CVC in merger of Swedish and Danish postal systems
CVC Capital Partners, The Swedish Ministry of Enterprise, Energy & Communication and The Danish Ministry of Transport have signed a letter of intent regarding the merger of the Posten AB and Post Danmark A/B.
UK - Matrix generates 34% IRR on Apollo sale
Matrix Private Equity has sold Apollo Lifts Holdings Ltd, a lift contractor, for £4m in a secondary buyout to Iceni Capital.
SWEDEN - HgCapital acquires Swedish wind farm for EUR 185m.
HgCapital has acquired a 75% stake in 95.4MW Havsnäs windfarm for EUR 185m. Havnäs is developed by RES Skandinavien AB, a subsidiary of Renewable Energy Systems Ltd (RES), a UK-based wind farmer developer.
UK - LSF invests £150,000 in 2D Heat
Liverpool Seed Fund (LSF) has participated in a funding round of over £400,000 for heating element producer 2D Heat Ltd.
UK - Maverick invests $50m in Realtime Worlds
Maverick Capital has invested $50m in a third round of funding in game developer Realtime Worlds.
FINLAND – Nordic Capital makes EUR 1.1bn offer for TietoEnator
Nordic Capital has launched a EUR 15.50 per share public tender offer for TietoEnator, an IT services company. The offer corresponds to a premium of 6.2% to the 6 month volume-weighted average share price and a 38% premium to the closing price of EUR...
NORWAY – HitecVision acquires 60% of drilling company
HitecVision V has made its first acquisition by obtaining 60% of Hitec Products Drilling (HPD), a provider of drilling solutions and intervention systems for the oil and gas industry, for an undisclosed sum.
SWEDEN – Valedo invests in Bindomatic
Valedo Partners has acquired Bindomatic, a Swedish thermal binding company, for an undisclosed value. The previous owner, Sture Wiholm, will retain a significant minority shareholding.
FINLAND – Eqvitec buys majority stake in Scaninter
Eqvitec Technology Fund III, together with Finnish Industry Investment Ltd, have acquired a majority stake in Oy Scaninter Nokia Ltd, a vertical access equipment manufacturer, for an undisclosed value.
UK - Close Brothers backs £142m buyout of crane company
Close Brothers Private Equity has backed the £142m buyout of Energy Crane International from its parent LMS Capital plc. Energy Crane supplies crane and lifting equipment maintenance and support services to the offshore oil and gas sector.
UK - YFM invests in mobile travel company
YFM Group has invested in mobile travel concierge services company Mantic Point Solutions Ltd.
UK - Innogest invests in Mobango
Innogest SGR has led a $5.7m series-B funding round in mobile social network company Mobango. Previous investor Doughty Hanson Technology Ventures also contributed.
UK - NBGIPE sells heating company to engineering conglomerate
NBGI Private Equity has sold Hamworthy Heating, a designer and manufacturer of commercial heating equipment, to French engineering conglomerate Atlantic Sfdt.
UK - Graphite sells medical device business for £36m
Graphite Capital has sold Summit Medical, a design and production company for medical devices, to The Riverside Company for £36m.
FRANCE – Wendel raises interest in Saint-Gobain to 20%
Wendel’s interest in listed company Saint-Gobain has been raised to 20.6% giving them 19.6% of the voting rights.
FRANCE – Eurazeo to exit Veolia Environment
Eurazeo is reportedly preparing to exit its 2.1% share in Veolia Environment. Veolia Environment is a supplier of environmental services for water management, energy services, transportation and waste management.
UK - Foresight makes three investments
Foresight Group has made three new investments in the environment sector, totalling £14m.
UK - South East Growth Fund injects £250,000 ino Lexara
The South East Growth Fund (SEGF) has invested £250,000 into educational media provider Lexara Ltd.