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Deals

GERMANY - The Carlyle Group sells Personal & Informatik AG

The Carlyle Group has sold its 66.54% stake in Personal Informatik AG (P&I), a German human resources & software and service vendor provider, to 35 institutional investors in Europe and United States in a book-building process managed by Berenberg Bank.

  • Exits
  • 28 August 2007
FRANCE - Computer services business RBS receives EUR 3m

OTC Asset Management, CM-CIC Capital Privé and Sigma Gestion have invested EUR 3m in RBS, a Strasbourg-based information systems consultancy and solution provider.

  • Expansion
  • 28 August 2007
SWEDEN - Nordic Capital takes Nefab private for SEK 1.184bn

NPNC Interessenter, a company jointly owned by Nordic Capital and the Nordgren/Pihl family, has made a public cash offer for the shares in Nefab AB. The bid to delist the company values it SEK 1.184bn. Nefab delivers complete packaging solutions to international...

  • Buyouts
  • 28 August 2007
FRANCE - Opinion poll specialist sold in secondary buyout

Ixen (formerly known as Natixis Industrie) has backed the secondary buyout of opinion polls specialist BVA from Edmond de Rothschild Invetsment Partners and Equity Vision.

  • Buyouts
  • 28 August 2007
FRANCE - Acto and fund-of-fund Quilvest back buyout of Ubiqus

Unquote" can exclusively reveal that Acto (Finama Private Equity) has backed the leveraged buyout of professional conference organiser Ubiqus, alongside its LP Quilvest, which made a direct co-investment.

  • Buyouts
  • 28 August 2007
UK - Beringea invests £2m in MBO of The Vending Corporation

Beringea has completed the management buyout of The Vending Corporation, a distributor of chilled beverage and snack vending machines. Beringea invested £2m through ProVen VCT and ProVen Growth & Income VCT, for a significant minority equity stake. The...

  • Buyouts
  • 28 August 2007
SWEDEN - Accent Equity sells Wernersson Ost to Tine

Accent Equity has sold Wernersson Ost, a Swedish cheese supplier, together with its management to TINE, a Norwegian dairy producer for an undisclosed sum. Wernersson Ost was founded in 1930 and is Sweden's largest independent importer of specialty cheese....

  • Exits
  • 24 August 2007
UK - TPG strengthens bid for Jaguar and Land Rover

Texas Pacific Group has strengthened its bid in the auction for Ford's UK assets Jaguar and Land Rover by appointing Bob Dover as an adviser. Dover was former chief executive of Jaguar and Land Rover. Other bidders, One Equity Partners and Ripplewood...

  • Buyouts
  • 23 August 2007
FINLAND - Conor Ventures invests in Aito Technologies

Aito Technologies, a Finnish software company, has raised series-A funding from Conor Ventures. The new investment will be used for further product development and market expansion.

  • Expansion
  • 22 August 2007
SWITZERLAND - Molecular Partners receives EUR 11.3m funding

Swiss biotechnology company Molecular Partners has received EUR 11.3m financing from Index Ventures, BB Biotech Ventures, Endeavour Vision and Johnson & Johnson Development Corporation. The new funds are intended to allow the company to advance its portfolio...

  • Early-stage
  • 22 August 2007
SWITZERLAND - Pevion Biotech raises EUR 22m

BZ Bank, BB Biotech Ventures, Bachem and CC Private Equity Partners have participated in a EUR 22m series-A financing round of Swiss bio-pharmaceutical company Pevion Biotech. The investment will be used to advance vaccines in clinical development and...

  • Early-stage
  • 22 August 2007
UK - Bestport backs £6m buyout of Hotelscene

Bestport Ventures has backed the £6m buyout of corporate travel booking company Hotelscene Group Ltd. Bestport invested £1.75m in the deal alongside debt provided by HSBC.

  • Buyouts
  • 22 August 2007
UK - Amadeus supports $12.5m series-C round for Enigmatec

Existing investors Amadeus Capital Partners and Pentech Ventures have led a $12.5m series-C funding round for IT process automation company Enigmatec Corporation Ltd. New investor Herald Ventures and Kevin Lomax, formerly chairman of Misys have also invested...

  • Early-stage
  • 22 August 2007
UK - Close Ventures exits Bold Pub Company

Close Ventures has realised its investment in Bold Pub Company. The exit has generated a IRR in excess of 20% over Close Ventures' three year holding period. Calco Midlands has acquired the business.

  • Exits
  • 22 August 2007
ITALY - Sofipa SGR makes partial exit from Colony Sardegna

Sofipa SGR, the private equity arm of Group Capitalia, has made a partial exit from its hotel management interest Colony Sardegna by selling a 49% stake. It is understood that the divestment has generated a money multiple of around 1.5x.

  • Exits
  • 22 August 2007
SWEDEN - STING backs Plasmatrix Materials and Bio Servo Technologies

STING Capital has invested in Plasmatrix Materials AB, a Swedish nanomaterial developer, and Bio Servo Technologies, a biotechnology company. Both companies received SEK 1.5m each.

  • Early-stage
  • 22 August 2007
SWEDEN - Northzone and Amadeus acquires EPiServer for $23.5m

Northzone Ventures and Amadeus Capital Partnres have together with Peter Larsson acquired a majority stake in EPiServer for $23.5m. Peter Larsson joins the company as CEO. The founder, Mikael Runhem remains as shareholder and will be the compnay's CTO.

  • Buyouts
  • 22 August 2007
DENMARK - SEED Capital invests in Valderm

SEED Capital Denmark and other private investors have invested in Valderm, a Danish pharmaceutical company which specialises in developing psoriasis treatment. The company's product is still in its pre-clinical trial stage, but is expected to be on the...

  • Expansion
  • 21 August 2007
GERMANY - HgCapital exits Schenck Process via sale to Industri Kapital

Industri Kapital has acquired Schenck Process, a provider of industrial weighing, feeding, screening and automation equipment, from HgCapital. HgCapital bought Schenck in 2005 from D ürr AG and has grown the workforce to approximately 1,800 employees....

  • Buyouts
  • 21 August 2007
UK - Duke Street considers re-acquiring Esporta

Duke Street Capital is one of a number of private equity firms considering a bid for Esporta, the chain of gyms placed in administration last week. Duke Street owned Esporta from 2002-2006 before selling it to funds managed by the Halabi family for an...

  • Buyouts
  • 20 August 2007
UK - Sagitus Partners backs MBO of kitchen and bathroom distributor

Sagitus Partners has backed the management buyout of kitchen and bathroom distributor James Theobald Ltd. The deal was supported by debt provided by Clydesdale Bank. Financial details of the deal were not disclosed.

  • Buyouts
  • 20 August 2007
UK - MMC Ventures invests £2.4m in Small World

MMC Ventures (MMC) has invested £2.4m in Small World Ltd, a money-transfer business operating along corridors between Western Europe and developing countries.

  • Expansion
  • 20 August 2007
FINLAND - Via Venture Partnres and Inventure invests EUR 3m in Beneq

Via Venture Partners and Inventure Oy have together with previous investors invested EUR 3m in Beneq, a Finnish nanotechnology equipment supplier. The new round of financing enables development of the organisation and international growth.

  • Expansion
  • 20 August 2007
UK - Hotbed backs Intempo with £1.825m of growth capital

Hotbed has provided Intempo Digital Ltd, a digital radio and iPod docking company, with £1.825m of growth capital. The investment from Hotbed is part of a total £11.8m of new funding the company has secured, with Bank of Scotland providing working capital...

  • Expansion
  • 20 August 2007
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