Deals
NL - Apax to sell stake in PCM
Apax Partners has reportedly sold its 47.5% stake in Dutch publishing firm PCM Uitgevers to Stichting Democratie en Media (SDM), currently owner of 41.9% of the shares.
UK - Braveheart invests £1m in NiTech Solutions
Braveheart Investment Group has invested approximately ТЃ1m in NiTech Solutions Ltd, a spinout company from Heriot Watt University, which has developed a patented mixing technology for process industries. The investment includes monies from the Scottish...
UK - Hutton Collins backs MBO of Windsor
Hutton Collins is backing the management team of Windsor, the insurance broker, in a take-private deal worth ТЃ33.7m. Hutton Collins is providing ТЃ15m in debt and equity financing alongside a ТЃ19m senior debt package supplied by KBC.
ITALY - Investors deny sale of SEAT Pagine Gialle
According to reports in the Italian press, Investitori Associati and the other backers of SEAT Pagine Gialle are not looking into selling their joint stake of 50.1% in the directory business this year.
SPAIN - Advent sells Parques Reunidos in Spain's largest ever exit
As anticipated by unquote news" on 17 January, Candover has acquired leisure complex Parques Reunidos from Advent International in Spain's first mega-deal of the year.
SPAIN - Clave Mayor buys IT support business
Private equity firm Clave Mayor has announced its investment in IT company Angelpc Global Support SA. The company provides 24-hour IT support via a network of professionals connected via a software link. .
FRANCE - Platina LP takes two thirds of industrial engineer Cira Concept
In a EUR 13m deal, Platina Finance has acquired two thirds of Cira Concept via its fund Platina LP. The transaction was leveraged with a EUR 7m debt underwritten by Société Générale.
GERMANY - 3i divests Bornemann Pumps
3i has sold its 40% stake in German manufacturer of displacement pumps, Bornemann Pumps to BWK GmbH Unternehmensbeteiligungsgesellschaft and the Bornemann family. The value of the transaction has not been announced.
POLAND – bmp exits Bankier pl
bmp AG has exited its remaining stake in Polish company Bankier pl. The shares were placed with institutional investors for an approximate value of EUR 3.2m.
GERMANY – Klastech raises EUR 2.1m
German start-up Klastech Karpushko Laser Technology GmbH has received EUR 2.1m as part of a series-A funding round led by Triangle Venture Capital Group. The financing will be used to build up international sales and marketing for the company as well...
ITALY - All eyes on Alitalia
Italian turnaround funds, industrial players and US private equity houses are said to be among the interested parties in troubled airline Alitalia. It is understood that the deadline for the submission of offers is next Monday.
UK - Amadues, Accel and TVM invest $22.5m in Cambridge Broadband
Cambridge Broadband, the developer of carrier-class wireless transmission equipment for cellular backhaul, has raised $22.5m of funding. Taking part in this round were existing investors Amadeus Capital, Accel Partners and TVM Capital, together with new...
UK - Green Biologics awarded £560,000 to boost 'Green' Fuel Development
An Oxfordshire biotechnology company is set to develop a new low-cost тnext generationт biofuel, with ТЃ250,000 funding from the Department of Trade and Industryтs Technology Programme and ТЃ310,000 from shareholder investors and business angels. Green...
FRANCE - City Star Private Equity leads its third deal
City Star Private Equity has led its third buyout since its creation in 2005. The private equity firm has invested in real estate construction management business Habiva, alongside Paluel Marmont Capital and Maceinvest.
SWEDEN - Litorina buys waste management company
Litorina Kapital has acquired Resta, a Stockholm-headquartered waste management company. Following the acquisition, Litorina will own approximately 75% of the company and the founders the remaining 25%.
UK - Nordic Venture Partners leads £5m funding for Player X
Mobile media company Player X has received a second round of venture funding provided by new investors Nordic Venture Partners and Long Acre Partners. This follows a first round of funding in 2005 from Arts Alliance and Bullion International.
HUNGARY - Riverside exits Salgglas
The Riverside Company has exited Hungarian manufacturer of safety glass Salgglas to CEE Industrial Holdings Ltd. The sale price has not been disclosed, but the exit generated a 4x cash-on-cash return and a gross IRR of 19%.
UK - KKR looks at Pearson
Pearson the media group is the subject of buyout speculation. It is reported that KKR is weighing up a ТЃ7bn bid for the publisher of the Financial Times which has its core business in educational publishing.
LITHUANIA - Mid Europa buys Baltic mobile operator for EUR 450m
Mid Europa Partners has agreed to acquire 100% of Baltic mobile operator Bité from TDC for a cash consideration of EUR 450m. Bité has generated an annual revenue growth of 20% over the past two years and the new owner is committed to the continued development...
SPAIN - Mercapital and La Caixa try to sell Occidental again
Mercapital and the other shareholders of hotel chain Occidental have appointed Goldman Sachs to find a buyer for the company.
ITALY - Clessidra sells Societa Gasdotti Italia
Clessidra Capital Partners has sold Societa Gasdotti Italia (SGI) to ABN AMRO Global Infrastructure Fund for EUR 300m, giving returns to the firm of 4x its initial investment and an IRR of around 90%.
UK - Wales Creative IP funds film
Flick, a new film directed by David Howard, has received funding from the ТЃ7m Wales Creative IP Fund.
FRANCE - Erytech Pharma raises EUR 12m
AGF Private Equity, Auriga Partners and AXA Private Equity have invested joined seed investors Cap décisif and Rhône-Alpes Amorçage in the EUR 12m second round of funding for Erytech Pharma.
GERMANY - bm-t invests in Analytik Jena AG
bm-t beteiligungsmanangement thüringen GmbH has invested EUR 1m in manufacturer of high performance and analytical instruments Analytik Jena AG. Following its investment the venture capitalist will hold a 3% shareholding in the company.