Deals
UK - Glitnir Total Capital backs MBO of Arthouse
Glitnir Total Capital has financed the management buyout of Arthouse Ltd, a design house supplying wall coverings, art, tiles and coving to the UK retail market. This is Total Capital’s third investment in 2007.
FRANCE - MBO Partenaires backs MBO of Santé Port-Royal
MBO Partenaires has completed the buyout of natural health magazines publisher Santé Port-Royal.
FRANCE - XAnge invests EUR 2m in online music label
XAnge Private Equity has injected EUR 2m in the first round of funding for Believe, a recently-created digital distribution music label.
UK - Lyceum Capital to acquire AIM-listed Synexus in £18m deal
Lyceum Capital Partners has announced a recommended cash offer of 78p per share to shareholders for Synexus Clinical Research Plc. AIM-listed Synexus is the largest European-headquartered business recruiting patients for late phase clinical trials on...
UK - Close Growth Capital acquires clingfilm company
Close Growth Capital has provided a hybrid debt and equity package to support the £20m+ management buyout of Wrap Film Systems, a provider of clingfilm dispensers to the catering industry and consumers. The deal represents an exit for the company's founder.
UK - Amadeus and JVP lead series-D funding round for Celltick
Amadeus Capital Partners and Jerusalem Venture Partners (JVP) have co-led a series-D financing round for mobile marketing company Celltick Technologies Ltd.
UK - Sovereign acquires childcare training provider
Sovereign Capital has enlarged its Employability and Skills Group (ESG) portfolio company with the addition of childcare traning provider Triangle Training. Midlands-based Triangle Training was founded in 1999 and offers apprenticeships, advanced apprenticeships...
SWITZERLAND – Capvis acquires de Sede Group
Capvis has agreed to acquire furniture manufacturer de Sede for an undisclosed sum. The transaction is part of the succession plan of owners Hans-Peter Fässler and Bernhard Schüler who continue to manage the company and remain shareholders in it.
BELGIUM - Waterland provides growth capital to medical laboratory group
Waterland Private Equity is to provide growth capital to the medical laboratory group MedHold, formed by the merger of AML-RIATOL and Medisch Labo D. Van Waes. With a turnover of EUR 37m, MedHold will be the second largest Belgian private clinical laboratories...
PORTUGAL - Change Partners reaps 20% IRR from Acacia sale
Change Partners, ISQ Capital and PME-FSCR have agreed to sell their entire stakes in Acacia Semiconductor to Irish electronics firm S3.
FINLAND - Martinson Trigon invests EUR 1.75m in Finnish online gaming
Martinson Trigon has invested EUR 1.75m in Apaja Online Entertainment, a Finnish online gaming community company.
FRANCE - Bridgepoint reaches squeeze-out for Alain Afflelou
A year and a half after acquiring 61% of shares, Bridgepoint has finally reached the 95% threshold needed to delist opticians chain Alain Afflelou from the French stock exchange.
SWEDEN - Industrifonden leads SEK 25m investment in cancer drug developer
Industrifonden has lead a SEK 25m funding round for Aprea AB, a Swedish developer of drugs against cancer. Existing investors, Karolinska Development, Östersjöstiftelsen (The Baltic Foundation) and Praktikerinvest have also participated in the investment...
SWEDEN - EQT Sells Duni shares to Melby Gård
Melby Gård has entered an agreement with EQT to acquire between 20.01-29.99% of shares in Duni AB in connection with the IPO of Duni, at the same price as other investors in the IPO. The IPO of Duni is expected to be announced on 14 November 2007.
SWITZERLAND – Innovative Silicon Inc raises US 26m in Series Series C round
Innovative Silicon Inc announced today that Wellington Partners Venture Capital has joined with all existing investors (Index, Austin Ventures, Highland Capital, Auriga, and chipmaker Soitec) to lead a $25m series-C round of investment in the company....
GERMANY – Earlybird sells AbaXX Technology AG
Earlybird portfolio company, AbaXX Technology AG has been acquired by Dutch software company, Cordys. Earlybird and 3i provided the company with early-stage funding in 2000. Three further rounds of funding followed in which BayTech also participated.
GERMANY – Earlybird sells remaining stake in Tipp24 AG
Earlybird sold its remaining shares in Tipp24 AG, an internet business listed on the Prime Standard in Frankfurt. Its flotation in October 2005 was 15x oversubscribed. Earlybird provided early-stage financing to Tipp24 in 1999 and led the second round...
ITALY - Cape Natixis Due closes first deal
Mid-market fund Cape Natixis Due, managed by Cape Natixis SGR, has closed its first investment by acquiring the optical monomer division of US-based Chemtura.
UK - DIC acquires Alliance Medical for £600m
Dubai International Capital (DIC) has acquired diagnostic imaging service provider Alliance Medical from Bridgepoint for £600m. Dresdner Kleinwort and Bank of Scotland are lead arrangers of the financing for the deal.
DENMARK - Speaknet secures $10m from Via Venture Partners et al.
Speaknet, a Danish software company, has secured $10m from Via Venture Partners, NorthZone Ventures and Eqvitec Partners. The funding round will be used to expand internationally and to support strong customer growth in Denmark. The company is planning...
GERMANY – T-Online Venture invests in zweitgeist
T-Online Venture Fund has invested an undisclosed sum in Hamburg-based start-up zweitgeist GmbH. This investment will support zweitgeist’s aim to expand internationally. Additionally the company will benefit through access to cooperation partners belonging...
UK - MMC invests £10m in Neoss
MMC Ventures has made a £10m equity investment in dental implant company Neoss.
UK - Zeus acquires stake in online floral business
Zeus Private Equity (ZPE) has made the second investment from its maiden fund, taking a majority stake in online floral and gift company, Flowers Direct Ltd. ZPE’s investment will allow Flowers Direct to invest further in operational infrastructure...