Deals
CEE - BC Partners et al take a 51% stake in Migros
A consortium led by BC Partners has acquired 50.83% of Migros Turk, a supermarket chain listed on the Istanbul stock market. Koç Holding provided the debt for the transaction.
UK - South West venture funds back Atlas Genetics with £2.1m
South West Ventures Fund and Finance South West Growth Fund have led a £2.1m further funding round in Bath-based company, Atlas Genetics.This latest round sees further funding being provided by existing investors, South West Ventures Fund, GEIF and private...
FRANCE – 21 Centrale Partners takes control of La City
21 Centrale Partners has acquired a majority stake in La City following a buyout of the company. The founders will continue to manage the company.
GERMANY - Mezzanine Management invests EUR 18.6m in W.I.S
Mezzanine Management has invested EUR 18.6m in German security services provider W.I.S Group. The investment was led by Cologne-based private equity firm Argantis.
UK - NESTA invests £100,000 in start-up gaming business
The National Endowment for Science, Technology and the Arts (NESTA) is investing £100,000 to help develop ‘Six to Start’, an innovative entertainment start-up company that creates immersive Alternate Reality Games.
SWEDEN - Verdane acquires stake in Saab’s portfolio companies
Verdane Capital has acquired a partial interest in Saab AB’s ownership of a portfolio of five unlisted companies for an undisclosed value.
UK - Seatwave raises $25m series-C led by Fideity Ventures
Fidelity Ventures has joined existing investors Atlas Venture, Mangrove Capital and Adinvest in a $25m series-C funding round for Seatwave, a ticket exchange website. The new capital brings the total raised by the company since it was founded in 2006,...
UK - London Seed Capital backs Magpie with £500,000
London Seed Capital has provided Magpie Ltd, the company behind social media analytics tool Brandwatch, with funding totalling £500,000. Led by London Seed Capital, the round includes a select group of business angels.
UK - Blackstone reported to be courting FKI again
Blackstone is believed to be taking a second look at London-listed engineering group FKI less than nine months after abandoning plans to launch an offer for the business. The news follows reports that heavily-indebted FKI last week received an approach...
UK - MSIF leads £360,000 investment in concrete mixing business
Merseyside Special Investment Fund (MSIF) has led a £360,000 investment in Nurock, a company which has developed an innovative hyrdraulic concrete mixing system.
CEE - GIMV and KBC invest together in Russia
GIMV and KBC have entered a partnership agreement for private equity investments in Russia. They will set up a new company, Eagle Capital Partners, in which both partners will have an equal shareholding. They expect to invest around EUR 30m each over...
SPAIN - 3i prepares IPO of Global Energy Services
3i has reportedly retained consulting firm 360 Corporate to prepare the flotation of Global Energy Services.
UK - August Equity portfolio company makes £19m disposal
August Equity portfolio company Planit Holdings has disposed of its computer aided design (CAD) arm Fusion to 20-20 Technologies Inc for £19m. Fusion specialises in CAD solutions for the retail industry. The sale of Fusion is in line with the original...
UK - Clessidra acquires one third of Welsh woodchip power plant
Clessidra Capital Partners has acquired one third of a planned Wales-based woodchip power plant named Global Wood Holding (GWH). GWH is being built on a decommissioned steel plant in Port Talbot. Italian private equity investor Clessidra joins Taiwanese...
ITALY - MPS backs safety equipment and components firm OMP
MPS Venture has acquired a 31% stake in safety equipment and components firm OMP alongside Gruppo, which holds 51% and Luxembourg holding MFO Racing.
SPAIN - Private equity interested in executive air carrier Gestair
Private equity houses are reportedly interested in investing in executive air carrier Gestair.
UK - LGV completes third realisation in a week with £300m dental disposal
LGV has sold Integrated Dental Holdings (IDH) to Merrill Lynch Global Private Equity for a reported £300m. Financing for the transaction has been provided by Bank of Ireland, Barclays, Merrill Lynch and RBS. LGV's exit from IDH represents its third in...
UK - Creative Ventures and Finance South West back online video platform
Creative Ventures Group, YFM-managed Finance South West Growth Fund and private investors have led a series-B round of funding for Coull, a provider of interactive online video publishing platforms. With this investment, Coull has launches two products...
SPAIN - Nauta invests EUR 1.3m in IT security firm
Nauta Capital has invested EUR 1.3m in IT security firm Kinamik becoming the reference shareholder.
GERMANY/UK - Riverside portfolio company acquires UK communications firm
The Riverside Company, along with several other investors, has backed Sage Holdings in the acquisition of UK-based financial communications firm – M:Communications, and of a leading global proxy solicitation firm – D.F. King & Co., Inc. Established...
UK - Montagu and GIP get go ahead from Biffa's board
Montagu Private Equity and Global Infrastructure Partners (GIP) have had their 350p per share offer for waste group Biffa recommended by the company's board. The deal values Biffa, a former division of Severn Trent, at £1.2bn. Bank of Scotland and HSBC...
ITALY - Quantica backs hi-tech Kee Square
Quantica has acquired a 50% stake in hi-tech player Kee Square through the Principia I fund.
ITALY - Cape acquires software company Xtel for EUR 5m
Cape Natixis acquired software company Xtel in a management buyout deal valued at approximately EUR 4.9m.
FRANCE - Industri Kapital acquires Groupe Etanco
Industri Kapital has acquired Groupe Etanco from the Lebraut family after a share purchase agreement. Industri Kapital acquired Etanco in partnership with company CEO Ronan Lebraut, members of the founding family and the management.