Deals
UK - GLG in $100m funding round for SpinVox
GLG Partners, Blue Mountain Capital and Toscafund Asset Management have invested $100m alongside Goldman Sachs in SpinVox, a speech recognition technology group.
UK - Sovereign acquires Lord Group
Sovereign Capital, through its portfolio company Kinetics Group, has acquired fabric maintenance provider The Lord Group Ltd.
GERMANY - Syndicate in seed financing for InflaRx
Swiss business platform Affentranger Associates, alongside bm-t beteiligungsmanagement thüringen gmbh, has provided seed financing to biotechnology company InflaRx GmbH.
AUSTRIA - Adcuram sells Battenfeld Group
Adcuram and the liquidator of Battenfeld Group have agreed to sell Battenfeld Group to Austrian company Wittmann.
UK - Quilvest acquires Yo! Sushi from Primary Capital
Quilvest Private Equity has bought sushi bar chain Yo! Sushi from Primary Capital in a reported £51m deal.
UK - ECI makes £60m offer for Premier Research Group
ECI Partners has made an offer to acquire clinical services provider Premier Research Group (PRG). The enterprise value of the deal is £100m.
UK - Creative Capital invests in mydish.co.uk
The Creative Capital Fund has invested £105,000 in social networking site mydish.co.uk.
FRANCE - Scottish Equity Partners lead B-round in Stentys
Scottish Equity Partners has led a EUR 11.5m B-round of financing in Stentys. Incumbent backer Sofinnova Partners also invested.
UK - Graphite acquires more holiday parks
Graphite Capital has led a £15m funding round for Park Holiday's acquisition of the Golden Sands and Peppermint holiday parks in Devon.
GERMANY - Square Four Investments acquires Erich Rohde KG
Square Four Investments has, together with investment bank Morgan Stanley, acquired insolvent Erich Rohde KG Schuhfabriken, a shoe manufacturer, for an undisclosed amount.
UK - Endless exits Neville Johnson for £12.5m
Endless LLP has sold furniture designer and manufacturer Neville Johnson Group to Key Capital Partners for £12.5m.
UK - Fidelity acquiries minority stake in Complinet for £18.5m
Fidelity Equity Partners has invested £18.5m in Complinet Group, an online regulatory solutions provider for the financial services industry. Sebastian McKinlay and Stephen Findlay will join Complinet's board.
SPAIN – Caja Inmaculada acquires 25% stake in engineering firm
Caja Inmaculada (CAI) has acquired a 25% stake in engineering company ASE Soluciones through a capital expansion deal.
SPAIN - Basque country Sgcer backs industrial player
Basque government private equity firm Sgcer, and local savings banks BBK, Kutxa and Vital have acquired a 16.3% stake in industrial company Ramón Vizcaíno in a deal valued at EUR 4.5m. The remaining stake is retained by the company’s owners.
FRANCE – Perfectis acquires Groupe Larosa
Perfectis Private Equity has acquired Groupe Larosa in a secondary LBO. Perfectis has taken a 60% stake in Groupe Larosa in a deal which represents an exit for IRDI. The management holds the remaining 40% of Groupe Larose.
SWEDEN - Ratos completes refinancing of Camfil
Ratos has completed the refinancing of Camfil, returning SEK 450m to investors.
CEE – Penta to acquire Semya for US$ 200m
According to sources, Penta Investments is to acquire Russian supermarket chain Semya for US $200m.
SWEDEN - Northzone leads EUR 15m round in Norstel
Northzone Ventures, Eqvitec and Creandum have participated in a EUR 15m funding round in Norstel, a Swedish cleantech business. Other investors included the Sixth AP Fund.
LUXEMBOURG – GIC SI invests US$1.5bn in Sintonia SA
GIC Special Investments (GIC SI), the private equity investment arm of GIC, has acquired 3% of Sintonia SA for US$1.5bn. The vendor is Milan-based Benetton-owned company Sintonia SpA.
UK - Bestport makes futher investment in Mfuse
Bestport Ventures has invested a further £850.000 in mobile-enabling provider Mfuse as part of a £2.55 funding round. New investors include Mark Blandford, founder of Sportingbet, who will be joining Mfuse's board.
GREECE – Marfin sells 20% of OTE in a EUR 2.5bn transaction
Marfin Investment Group has sold its 20% stake in Greek telephone company OTE to Deutsche Telekom in a deal valued at approximately EUR 2.5bn.
UK - SPARK and Beringea invest $8m in insango!
SPARK Ventures and Beringea have invested $4m and $2.5m respectively in internet travel provider insango! alongside $1.5m from existing shareholders.
SWEDEN - ESML Interessenter completes Securitas Direct offer
ESML Interessenter has completed the SEK 10.1bn deal for Securitas Direct. The investor obtained 80.1% of the capital and 86% of the voting rights in the company. The acceptance period has been extended to March 28 for those shareholders who have not...
SPAIN – Caja Madrid backs fashion group
Capital Riesgo Madrid the private equity arm of Caja Madrid has acquired a 37% stake in fashion group AB Diseño y Moda as part of a deal valued at EUR 8m. The group consists of three brands: Elio Berhanyer, Miguel Palacio and Javier Larrainzar.