Deals
GERMANY – Global Equity Partners exits Microdyn-Nadir
Global Equity Partners Beteiligungs-Management AG has sold Buy-Out Central Europe I portfolio company Microdyn-Nadir GmbH to a German strategic partner. Global Equity partners invested in Microdyn Modulbau GmbH & Co KG, based in Wuppertal, and Nadir...
UK - OCP backs Teepix with £800,000 investment
Oxford Capital Partners (OCP) has invested £800,000 from its Oxford Gateway Funds into Teepix, a technology which automatically captures golfers' action shots.
UK - Beringea acquires Donatantonio
Beringea has acquired food importer Donatantonio in a BIMBO deal.
UK - ICG backs MBO of Gaucho Grill from Phoenix
Intermediate Capital Group has invested minority equity and mezzanine capital to support Guacho's management team's acquisition of the company from previous backers Phoenix Equity Partners. The details of the deal were not disclosed. Phoenix considered...
GERMANY – Mangrove invests EUR 5m in Brands4Friends
Mangrove Capital Partners has, along with private investors, invested EUR 5m in Brands4friends. The company sells branded snowboards, running shoes, and jackets, at discounted prices through an invitation-only website.
UK - Sovereign completes 5.5x exit from schools and nurseries business
Sovereign Capital has recouped 5.5x its money from the sale of Alpha Plus Holdings Ltd, a group of independent schools, colleges and nurseries. The business has been acquired by Delancey, a specialist investment advisor, for an undisclosed sum. The investment...
SPAIN – Mercapital and Carlyle to acquire stake in Arsys.es
Buyout houses Mercapital and the Carlyle group have reportedly reached an agreement with internet company Arsys.es to acquire a 79% shareholding in the business in a deal valued at EUR 160m.
UK - August Equity and Huveaux no longer in talks
August Equity and Huveaux, a specialist media company listed on AIM, have abandoned talks. August Equity was understood to have entered detailed discussions about a possible take-private of the company. The London-based business focuses on e-learning...
UK - 3i agrees £228.6m take-private of Inspicio
3i has reached agreement on the terms of a recommended cash offer with the board of Inspicio Plc to acquire the business. Inspicio is currently listed on AIM. The offer made at 225p per share values food inspection company Inspicio at approximately £228.6m.
BULGARIA - Advent backs tile maker KAI
Advent International has acquired a 70% stake in KAI Group, the largest maker of floor, wall and decorative ceramic tiles in Bulgaria.
UK - IMAC invests £7.5m in QobliQ
Ingenious Media Active Capital Ltd (IMAC) has invested up to £7.5m in start-up company QobliQ Ltd. Qobliq was formed with the aim of creating an international innovative marketing services group, combining sponsorship, digital and experiential marketing.
SPAIN – N+1 exits Viscofan
N+1 has sold its 5% stake in Viscofan for approximately EUR 40m reportedly doubling its initial investment.
ITALY – Cape invests in healthy living
Cape LIVE has acquired a 3% shareholding in International Bar Holding, investing approximately EUR 2.5m.
SPAIN/PORTUGAL – GED backs business support services provider
Buyout house GED has acquired a 22.97% stake in Portuguese SERLIMA in a deal valued at approximately EUR 3m.
UK - Matrix realises 2.5x from cake exit
Matrix Private Equity Partners has realised 2.5x its original investment through the sale of Ministry of Cake to the Greencore Group, for £12m. The exit sees Matrix, which invested through three of its VCTs, receive £5m in cash from the sale. Over the...
SPAIN – Nauta Capital invests EUR 2.6m in biometrics firm
Buyout house Nauta Capital has invested EUR 2.6m in Agnitio, a biometrics security company.
CEE - Horizon Capital invests in FinComBank and MTB
Horizon Capital has acquired a 25% stake in Moldova-based FinComBank and a 31.5% stake in Belarus-based MTB, expanding its financial institution portfolio further.
DENMARK - Sofinnova and Gilde invest EUR 17.6m in Ascendis
Ascendis Pharma, a Copenhagen based pharmaceutical company, has attracted a EUR 17.6m series-A financing round. The investment round was co-led by Sofinnova Partners and Gilde Healthcare Partners. Zweite TechnoStart Ventures Fonds GmbH & Co KG also participated...
ROMANIA - Advent International acquires Ceramica for EUR 35m
Advent International has acquired a 70% stake in Bucharest-listed Ceramica Iasi, a ceramic bricks and clay roof tiles producer. The transaction total was EUR 35m including new investment. Advent has brought in a new management team following the acquisition.
GERMANY – KKR sells Argillon Group to Johnson Matthey
KKR portfolio company Demag Holding S.à r.l., based in Luxembourg, has signed an agreement to sell Argillon Group, a diversified company in advanced ceramic materials headquartered in Redwitz, to Johnson Matthey Plc, for EUR 214m in cash. In the fiscal...
GERMANY/LUXEMBURG – Odewald & Compagnie acquires SaarGummi from Orlando
Oldewald & Compagnie has acquired SaarGummi Technologies S.a.r.l in a secondary buyout from Orlando Management GmbH for an undisclosed sum. SaarGummi manufactures sealing systems and mouldings for automotive and industrial applications. The company employs...
UK - Duke Street buys value retailer from BPE for £68.5m
Duke Street Capital (DSC) has backed the £68.5m secondary management buyout of The Original Factory Shop from Barclays Private Equity (BPE). The Original Factory Shop is a value retailer, headquartered in Burnley, Lancashire. It has 84 outlets across...
UK - Darwin Private Equity acquires Maximuscle for £75m from Piper
Darwin Private Equity has completed its first transaction with the £75m acquisition of sports nutrition company Maximuscle from Piper Private Equity. nabCapital provided acquisition finance to the deal alongside Royal Bank of Scotland and CapitalSource....
FRANCE - AtriA backs secondary MBO of Bois et Chiffons
AtriA Capital Partners have completed then secondary management buyout of Bois et Chiffons from Capzanine and CDC Capital Investments.