Deals
SPAIN – Demeter’s third investment in renewables
French buyout house Demeter has invested EUR 16m in renewable-energy producer Ambene.
FINLAND - Creandum joins existing investors in Aito Technologies
Creandum has participated in a series-A funding round for Aito Technologies, a Finnish software company. Creandum joins Conor Venture Partners to support the business’ market expansion.
PORTUGAL/SPAIN – MCH and Explorer Investments acquire coffee distributor
Spanish and Portuguese buyout houses, MCH and Explorer Investments have acquired coffee distributor Nutricafés.
SWEDEN - Segulah acquires natural snack business Nilssons Gott
Segulah III L.P has acquired Nilssons Gott AB, a Swedish producer of natural snacks for an undisclosed sum. The founder, Rolf E. Nilsson, will retain a 20% shareholding in the business.
DENMARK - Montagu sells VetXX to Dechra Pharmaceuticals
Montagu Private Equity has sold VetXX, the Danish developer, producer and marketer of animal veterinary products, to UK-based Dechra Pharmaceutical, an international veterinary pharmaceutical business.
UK - Dunedin exits Trafficlink in £16.5m deal
Dunedin has sold Trafficlink, a distributor of traffic and travel data to ITIS Holdings Plc for £16.5m. The deal has generated a money multiple of 3x on Dunedin's seven year investment. Trafficlink's information reaches 42 million people each week with...
FRANCE - Forbion leads EUR 30m B-round financing of Fovea Pharmaceuticals
In France's largest early-stage biopharmaceutical deal for a year, Fovea Pharmaceuticals has raised EUR 30m from a syndicate of venture capital investors led by Forbion Capital Partners.
FRANCE - Partech, Elaia and IRDI invest EUR 2.3m in GooJet
Partech International, Elaia Partners and IRDI have announced a EUR 2.3m investment in mobile software developer GooJet.
GERMANY – KKR and Permira acquire 12% of ProSiebenSat.1
KKR and Permira have together acquired an additional 12% of listed German television corporation ProSiebenSat.1 Media AG for EUR 509.4m. The 12% shareholding was previously held by publishing group Axel Springer.
FRANCE - Wellington Partners invests EUR 10m in TravelHorizon
Munich-headquartered Wellington Partners has invested EUR 10m in online tour operator Travel Horizon.
FRANCE – 3i backs online retailer Twenga
3i has invested approximately EUR 2.6m in online retailer Twenga.
UK - Barclays Ventures completes £15m training services MBO
Barclays Ventures has completed the £15m management buyout of Develop Training (Develop), a leading provider of training services to the utility sector. HSBC Leveraged Finance provided acquisition debt facilities. The deal represents Barclays Ventures'...
UK - Gresham scoops 4x on Warings exit
Gresham Private Equity has scooped returns of 4x from the sale of building contractor Warings. The Portsmouth-based business has been acquired by French Group, Bouygues Construction. Gresham invested £3m to support the £12m management buyout of Warings...
GERMANY - bmp and VC-Fonds Berlin finance mobile DailyME.TV
bmp Media Investors AG & Co. KGaA and the VC-Fonds Berlin are taking a stake in mando.TV GmbH with its mobile phone TV-platform DailyME.TV. bmp Media Investors and VC-Fonds Berlin each assume just under 24%, yoc AG 2%, with the majority of the company...
AUSTRIA - SensorDynamics closes EUR 25m series-B round
SensorDynamics has closed a EUR 25m series-B funding round. The new capital was provided by a consortium of investors that included existing investors Global Equity Partners with HTA III Venture Beteiligungs-Invest AG, Siemens Venture Capital and DEWB....
IRELAND - Claret Capital invests EUR 21m in private jet start-up
Dublin-based Claret Capital has led a EUR 21m funding round for JetBird, a private jet start-up that intends to fly to 75 European airports.
UK - Exponent acquires Radley handbags from Phoenix in £130m deal
Exponent Private Equity has acquired Radley + Co, the ladies handbag and accessories brand, from Phoenix Private Equity in a £130m secondary buyout deal. Radley + Co’s revenues are expected to exceed £60m in the year to end of April 2008 and have...
UK - Barclays Ventures leads £10m+ BIMBO of environmental businesses
Barclays Ventures has backed the £10m+ BIMBO of two environmentally-driven businesses, Solar Home Energy and Warmroof. Both businesses are headquartered in Bournemouth, but operate nationally. The combined turnover of the two companies is around £20m...
GERMANY – Advent International sells SAG to EQT V
Advent International has sold SAG, a European provider of energy-related infrastructure services to utilities, to EQT V, for an undisclosed sum. SAG provides build and maintenance outsourcing services for utilities in their transmission and distribution...
SWEDEN - ChromoGenics secures $2.3m from BankInvest
ChromoGenics, a Swedish developer of electrochromic technology, has closed a $2.3m funding round from BankInvest. The financing will be used to scale-up the company’s production capacity.
UK - Gresham completes fourth deal in two months
Gresham Private Equity has completed its fourth deal in two months. Gresham has invested £21m in Hotter Shoes, a Lancashire-based manufacturer and multi-channel retailer of shoes. Hotter generates sales of £38m per year and aims to double its turnover...
UK - Investec sees 45% IRR from Plastics Capital IPO
Investec Growth & Acquisition Finance has exited its minority shareholding in Plastics Capital generating an IRR of 45% on its three year holding period. Plastics Capital, a consolidator of niche plastics products manufacturers, floated on AIM yesterday...
HUNGARY - Riverside adds Novamed to Diatron
The Riverside Company has acquired Novamed , an Israeli company operating in the field of microbiology and infectious disease testing. The company is an add-on to the platform company Diatron , a Hungarian-based manufacturer of haematology analysers...
UK - YFM backs TBiConnect with £330,000
YFM Group has invested £330,000 from its South West Ventures Fund into business-to-business eCommerce service TBiConnect.