Deals
SPAIN – First Reserve acquires Gamesa Solar
US-based private equity house First Reserve Corporation acquired energy producer Gamesa Solar from Gamesa, in a deal valued at approximately EUR 261m.
SWEDEN – Industrifonden injects SEK4m in Quickomat
Industrifonden has invested SEK 4m in Quickomat AB, a Linköping-based company that develops and sells self-service machines for bus fares, trains fares and pay-as-you-go mobile phones amongst others.
NETHERLANDS - Deutsche Beteiligung buys ICTS Europe
Deutsche Beteiligung and DBAG Fund V have together acquired ICTS Europe, a company specialising in security services for airports and airlines, for EUR 100m. A co-investment by ICTS Europe's management is planned.
NORWAY – Borea invests in Ocea
Borea Opportunity II AS has invested in Ocea Holding AS, a supplier of technology to the fish farming and aquaculture industry.
UK - Close Growth Capital acquires Blueberry from 3i for £12m
Close Growth Capital has backed the £12m secondary management buyout of ambient food supplier Blueberry Group Ltd from 3i. 3i acquired Blueberry in 2005.
ITALY - Opera leads Vetrerie Riunite buyout
Opera has led the acquisition of glass manufacturer Vetrerie Riunite alongside private equity operator DGPA. The investors have acquired 52% and 24% stakes respectively. The remaining 24% is held by the vendors who reinvested in the company.
ITALY - Intesa Sanpaolo leads investment in Gruppo Margaritelli
Intesa Sanpaolo led the acquisition of a 10% stake in flooring company Gruppo Margaritelli alongside BCC Private Equity 1 in a deal valued at approximately EUR 9m.
SPAIN - Innova 31-backed Infinitec opens new round of financing
Innova 31-backed cosmetics company Infinitec has launched a new round of financing hoping to raise EUR 1m in private equity and industry investments.
SPAIN – Private equity interest in Kelme sportsware
Private equity house Tirant, supported by the Valencia Finance Institute (IVF) and the regional government are among the bidders for sport shoes company Kelme.
UK - Beringea backs MBO of Path Group
Beringea has backed the £7m management buyout of Path Group Plc, distributors of consumer electronic accessories. Beringea invested from its ProVen VCT and ProVen Growth & Income VCT funds for this deal.
GERMANY - Neuhaus Partners finances Telcast
Neuhaus Partners has, together with business angels Stefan Wiskemann and Ulrich Brunet, invested an undisclosed sum in media company Telcast Media Group GmbH.
CEE - Penta buys Mecom Group
Penta has acquired Mecom Group, Slovakia's largest meat processing company. Last Wednesday, Penta submitted a request for approval to the Slovak Antitrust office.
FRANCE – LBO France backs Tiama’s acquisition of SGCC
LBO France has backed a secondary LMBO deal in which its portfolio company Tiama Group acquired SGCC Group. The deal saw Atria Capital Partners exit its 90% share in SGCC. SGCC’s entire management team led by Luc Boulant joined Tiama’s management...
SWEDEN - Northzone Ventures and Skirner buy Nordstjernan's stake in Climatewell
Skirner and Northzone Ventures have agreed to takeover Nordstjernan’s stake in Climatewell, a Swedish cleantech compnay, for SEK 100m.
SWEDEN - Investor Growth Capital invests EUR 5m in Keybroker
Investor Growth Capital, the venture capital arm of Investor AB, has injected EUR 5m in Keybroker, a Swedish search marketing company.
UK - Infinity Asset Management clinches three deals
Infinity Asset Management has clinched three investment deals in as many weeks. Infinity, a Manchester-based private equity house which launched in February 2007 with a fund of £20m, has invested undisclosed sums in three UK businesses. These are: construction...
SPAIN – La Caixa backs pharmaceutical company Omnia Molecular
Caixa Capital Semilla, the venture capital branch of La Caixa has closed an initial EUR 600,000 round of financing for antibiotics firm Omnia Molecular.
GERMANY - CGS Management buys Rieter Automatik GmbH
CGS Management has acquired the pelletizing machinery business Rieter Automatik GmbH from Rieter Holding AG with retroactive effect as of January 1, 2008 for an undisclosed amount.
FRANCE – Sofinnova becomes shareholder in PC30
Sofinnova Partners has taken a shareholder participation in Paris Stock Exchange-listed IT solutions company PC30.
SWITZERLAND - Zurmont Madison Private Equity acquires SMB SA
Zurmont Madison Private Equity L.P. has acquired the metallurgy specialist SMB SA as part of a succession solution for an undisclosed sum. In the course of the change of ownership, Raymond-Jean Lacoste will join the company as of mid-March as the new...
UK - H.I.G. backs £25m facilities management deal
HIG Europe, the European affiliate of HIG Capital has invested in Europa Facility Holdings (Europa), a facilities management company, as part of the first step in a buy-and-build strategy. The overall value of the transaction was £25m. As part of this...
UK - Montagu bid for Biffa safe after Terra Firma and Suez pull out
Montagu Private Equity's recommended offer for Biffa, the waste disposal group, is to go ahead uncontested after Terra Firma, which was thought to be preparing a counterbid alongside French utility group Suez, backed away from the deal. The Montagu-consortium...
GERMANY – Index Ventures & Wellington Partners invest $80m in Adconion
Index Ventures led a series-C round of funding for online advertising networks business Adconion Media Group, and was joined by existing investor Wellington Partners, with the total sum amounting to $80m.
AUSTRIA/FRANCE - 21 Centrale Partners and Quadriga inject capital into Palmers
21 Centrale Partners and Quadriga are backing Austrian women's underwear manufacturer Palmers Textil AG to acquire French company Lejaby SAS, for EUR 32.5m in cash, from US-based The Warnaco Group. A further interest-free note of EUR 12.5m is due by the...