Deals

GERMANY - Carlyle and Advent exit HT Troplast

The Carlyle Group and Advent International have sold HT Troplast to Bahrain-based investment firm Arcapita for an undisclosed amount. In January 2005, Carlyle and Advent had acquired the company from RUETGERS AG.

UK - Blackstone eyes New Look

It is understood that New Look is likely to be acquired by Blackstone. Apax and Permira, New Look's current owners, are reported to be in talks with Blackstone about the deal. The news of a secondary buyout follows a pulled auction process earlier this...

CEE - AIG acquires 90% stake in BTC

AIG Capital Partners has acquired a 90% stake in Bulgarian Telecommunications Company following approval from relevant regulatory authorities. AIG will launch a tender offer for the remainder of the company’s shares, which are currently listed on the...

UK - Bridges Ventures invests £1.35m in Sealskinz

Bridges Ventures has backed the management buyout of SealSkinz, a Norfolk-based manufacturer of unique waterproof socks and gloves designed for bikers and hikers. Bridges is investing £1.35m alongside a management team to buy the company from its parent...

NORWAY - FSN acquires five clinics

FSN Capital has acquired Klinikk Stokkan, Tromso Private Sykehus, Colosseumklikken Legeavdeling, Colosseumklinikken Stavanger and Nobel Clinic Norge, five Norway-based clinics. The acquisition was made from FSN Capital II, a EUR 151m vehicle which closed...

ITALY - Arca Impresa exits Diffusione Italiana Preziosi

Arca Impresa and Meliorbanca have sold their stakes in Diffusione Italiana Preziosi to industrial player Morellato & Sector. The sale value is understood to be EUR 60m and the deal is forecast to close by the end of September. Rothschild assisted...

UK - The Capital Fund in £250,000 Vision RT investment

The Capital Fund has backed Vision RT, a 3D surface imaging specialist for use in radiotherapy treatments, with £250,000 of funding. Vision RT was founded in 2001 to advance patient set-up and monitoring for radiotherapy treatment. The Capital Fund...

UK - Endless sells Peter Black for EUR 48m one year on

Just over twelve months on from its acquisition, Endless has sold Peter Black Limited International, a design, sourcing and supply chain management company, to Li & Fung Limited, a Hong Kong-listed trading house. The deal was valued at EUR 48m, excluding...

UK - BOSIF backs secondary buyout of Polypipe

Bank of Scotland has provided an integrated debt and equity package to support the secondary management buyout of Polypipe, a manufacturer of plastic piping and sanitary systems for the UK and European construction markets. The deal represents an exit...

SWITZERLAND - Molecular Partners AG raises CHF 18.5m

Index Ventures has led a CHF 18.5m series-A financing round for biotechnology company Molecular Partners AG. Other investors contributing to the round include BB Biotech Ventures, Johnson & Johnson Development Corporation and Endeavour.

UK - Creative Ventures backs TNWA Group

Creative Ventures has invested in TNWA Group, a leading developer of a new online multiplayer gaming platform. The funding provided by Creative Ventures has enabled TWNA to acquire Enemy Down, a leading destination for Europe’s competitive PC gamers....