Deals
GERMANY – Finatem exits MBB Liftsystems
Finatem has led the sale of portfolio company MBB Liftsystems AG to Austrian Palfinger Group for an undisclosed sum. The majority shareholder Ixen Partners and another minority investor also realised their stakes on that occasion. MBB Liftsystems is a...
FRANCE - Tetco raises additional EUR 2.1m
ACE Management has invested an additional EUR 2.1m in VoIP specialist Tetco, bringing total funds raised to EUR 10m.
ITALY – Cape Live invests EUR 4.98m in Area Impianti
Cape Listed Investment Vehicle in Equity (Cape Live) has committed EUR 4.98m to environmental company Area Impianti. The deal sees Cape Live take a 10.9% stake in the company.
FRANCE - 123Venture invests in sex toys
123Venture has invested EUR 1m in a EUR 1.5m seed round of funding for YESforLOV, a cosmetics brand intended for sensual pleasure and well-being.
SPAIN – Monitor Capital acquires Spanish catering business
Monitor Capital has acquired 95% of Franquicias Hoteleras, a catering business with 15 operations in 10 of the country’s provinces.
ITALY – Innogest Capital invests EUR 2m in data management player
Italian venture capital firm Innogest Capital provided Internet intelligence company IntelligenceFocus with a second round of financing valued at approximately EUR 2m.
GERMANY – antispameurope receives expansion capital
High-Tech Gründerfonds, Neuhaus Partners, and hannover innovation funds (hfi) have invested an undisclosed sum in antispameurope GmbH. The early-stage funding will be used to invest in the company's sales and marketing abilities. antispameurope is a...
UK - Advent International completes £523.9m delisting
Advent International has completed the £523.9m acquisition of Domestic & General Group Plc (D&G) following a successful offer for its shares listed on the London Stock Exchange. D&G is the first fully-financed public-to-private transaction announced...
UK - TA Associates pulls Sophos float
TA Associates IT security portfolio company Sophos has decided not to list this week on the London Stock Exchange. The IPO would have valued the business at approximately £325m. TA Associates owns a 20% stake in the company in which it invested £41m...
ITALY – Intesa Sanpaolo sells stake in yacht maker
Intesa Sanpaolo has sold its 12% stake in yacht manufacter, Azimut-Benetti. The deal comes after the agreed investment period came to an end.
UK - Biffa rebuffs HgCapital and Montagu again
Biffa has rejected a second offer pitched at 330p per share from suitors HgCapital and Montagu Private Equity. The waste disposal company has been in the sights of the bidding consortium since early September. The latest offer values the business at £1.2bn....
UK - Graphite backs £100m secondary buyout of Alexander Mann
Graphite Capital has backed the £100m secondary management buyout of Alexander Mann Solutions (AMS) from Advent International. AMS is a provider of recruitment process outsourcing solutions to blue-chip companies worldwide. Graphite invested £50m in...
UK - Infinity invests £2m in invoice discounting start-up
Infinity Asset Management has completed its first deal, investing £2m in invoice discounting and factoring business Positive Cash Flow Finance. Infinity's funding has been supported by a £25m debt package supplied by Lloyds TSB. Positive was established...
UK - Aberdeen invests additional £2m in Transys
Aberdeen Asset Managers Growth Capital has completed a £2m follow-on investment in Transys Holdings Ltd, a rail maintenance business. Aberdeen originally completed the management buyout of the Birmingham-based company in 2002, investing £1.65m for a...
FRANCE - SFR, Blue Sky and OTC AM invest further EUR 3m in Supertec
SFR Développement, Blue Sky Capital and existing investor OTC Asset Management have invested an additional EUR 3m in Supertec, a company which has developed customer behaviour analysis solutions and related marketing applications.
FRANCE - Streamezzo raises EUR 15m from existing investors
Mobile content software business Streamezzo has raised an additional EUR 15m from Sofinnova Partners, AXA Private Equity, I-Source Gestion, Qualcomm and NTEC.
GERMANY – AFINUM Management acquires d&b audiotechnik AG
AFINUM Management GmbH has acquired d&b audiotechnik AG for an undisclosed sum. The company develops, manufactures and distributes loudspeakers and amplifying systems. Headquartered in Backnang, the company operates under the brand d&b, and has sales...
SWITZERLAND - Sofinnova Ventures leads CHF 36m funding for PregLem SA
San Francisco-based Sofinnova Ventures has led a series-B funding round for Swiss company PregLem SA. Sofinnova has already provided seed capital and acted as lead investor in the series-A round. MVM Life Science Partners LLP, based in London, and NeoMed...
FRANCE - 21 Centrale Partners sells Alltub to management and Naxicap
21 Centrale Partners has sold containers and packaging business Alltub back to its management, supported by Naxicap Partners.
FRANCE - ING Parcom buys Safic Alcan from Alpha
ING Parcom Private equity has agreed to back the secondary buyout of chemicals distributor Safic Alcan from Alpha Associés Conseil.
SPAIN/US – BBVA backs internet service provider
MyStrands has received an investment by BBVA of approximately EUR 16m. Existing investors Sequel and Debaeque Venture Capital have also been involved in this round. Earlier this year a consortium including Debaeque Venture Capital invested a total of...
ITALY – Euraleo and 21 Partners promote public offer
Euraleo and 21 Partners have announced to the Italian regulatory body Consob, their intention to promote a mandatory public offer on the shares in Sirti.
UK - YFM leads £630,000 BeCheeky investment
YFM Group has led an investment of £630,000 into BeCheeky.com, a specialist retailer of hard-to-find and selected mainstream lingerie.
NORWAY - Sarsia Seed invests in WindSim AS
Sarsia Seed has acquired a minority stake in WindSim AS, a Norwegian software provider for windmill companies. The new capital will be used to fuel the business’ organisation in order to better respond to market demand, and to develop further products.