Deals
GERMANY - Perseus acquires SEVA Energie
US-based Perseus LLC, has acquired a majority stake in SEVA Energie AG, a manufacturer of combined heat and power units fueled by alternative fuels.
GERMANY - Auctus Management continues to fill its portfolio
Following a number of transactions this year, including the buyout of Pharmazell and the sale of Time Partner to Investcorp, Auctus Management has made a further acquisition. Alongside Schmack Biogas AG, the investment house has acquired a 70% stake in...
GERMANY - 3i exits stake in Temmler Pharma
3i has sold its stake in Temmler Pharma GmbH to Ricken Pharma GmbH. Ricken Pharma, together with current management, acquired a 49% stake in the company. The firm is now wholly owned by Ricken Pharma and company management.
UK - Disposal of Four Seasons Healthcare by Allianz Capital Partners
Allianz Capital Partners has agreed to sell Four Seasons Healthcare, a leading provider of services for older people and specialised care services for adolescents and younger adults, to Delta Commercial Property, an investment vehicle for Three Delta....
SWEDEN - Provider sells Ida Infront to AddNode
IT Provider funds have sold Ida Infront AB to AddNode for a cash sum of SEK 30m and a non cash issue of 1,200,000 serie B AddNode shares. Ida Infront focuses on the e-government sector supplying clients such as Försäkringskassan, Skatteverket and Rikspolisen...
UK - Partial exit for Permira and Bridgepoint as Virgin Active acquires Holmes Place's UK business
Virgin Active, the health and fitness group, has signed an agreement to acquire Holmes Placeтs UK business, comprising 47 clubs in the UK with a membership of 190,000. Virgin will have a majority stake of the enlarged Group. The Holmes Place clubs will...
UK - Permira to float Hogg Robinson
It is reported that Hogg Robinson, the business travel and corporate services group backed by Permira, is to announce plans for an IPO this week.
UK – Endless successfully exits GlynWebb
Endless LLP has announced the sale of GlynWebb Ltd to private retail investors for an undisclosed sum. This exit comes just four months after Endless acquired the DIY and home improvement retailer.
SWITZERLAND – Swiss Capvis backs MBO of ORIOR Food Group
Swiss Capvis, the Swiss private equity firm has acquired a majority stake in ORIOR Food Group alongside the company's management team for an undisclosed sum.
UK - Quester exits Avidex
MediGene AG, based in Frankfurt, has signed an agreement to acquire the Quester-backed biotechnology company Avidex Ltd. This will be a share-for-share transaction for a value of around EUR 50m.
UK - 3i divests stake in Rovtech
The Dutch oilfield services company, Fugro N.V. has today announced the acquisition of Aberdeen based Rovtech Ltd from 3i for ТЃ34.5m. Rovtech Ltd is a provider of remotely operated vehicle services to the oil and gas industries and currently has an annual...
SWEDEN - Nordic Capital and Apax launch bid for Capio
Apax and Nordic Capital aim to acquire publicly listed healthcare group Capio AB for SEK 15.6bn. Opica AB, a company jointly owned by Apax Europe VI, Nordic Capital Fund VI and Apax France, has offered SEK 153 per share in cash for all shares in Capio....
SWEDEN - Småföretagsinvest sells Reflex for SEK 180m
Småföretagsinvest has sold manufacturer of surveying instruments for boreholes, Reflex Instrument AB, to Australian Imdex Ltd for around SEK 180m. The seller has recorded a SEK 170m profit on its investment.
NORWAY - Norvestor buys Nordic gym group from Compass Partners
Norvestor Equity has acquired Elixia Nordic, a health and fitness club chain, from Compass Partners. The value of the deal is undisclosed.
UK - Investec funds acquisition of Telinet by Statevine
Investec Private Bank's growth & acquisition finance division has backed Statevine Ltd in the acquisition of telecommunications provider Telinet from its founders.
FRANCE - AXA Private Equity reaches 95% threshold for TLD take-private
Following its public tender offer, AXA Private equity has secured over 95% of shares in listed airport equipment business TLD Group.
ITALY - Fondamenta SSGI invests in Lux Vide
The closed-end fund-of-funds Fondamenta SSGI has purchased a 25% stake in film production company Lux Vide, via its vehicle Imperium SpA for EUR 15m. Fondamenta has acquired 10.7% ordinary shares from existing shareholders RML Comunicazione Srl and 14.3%...
UK - Smedvig Capital exits City Invoice Finance
Smedvig Capital has realised its investment in City Invoice Finance following the acquisition of the company by Venture Finance Plc.
FINLAND - CapMan exits Distocraft Ltd
CapMan funds have divested their stakes in software provider Distocraft Ltd to Ericsson for an undisclosed sum. With offices in Helsinki and Lahti, Distocraft develops telecommunications software products that enable network performance management and...
FRANCE - Sofinnova Partners leads EUR 8m funding for Travel Meta Search
Sofinnova Partners and Walden International have injected EUR 8m in Travel Meta Search, an internet search engine focusing on flights, hotels, car rentals and holidays packages.
UK – NVM-backed Arleigh International acquires Midland Chandlers
Following a MBO in 2004 funded by Northern Venture Managers, Arleigh International has successfully acquired Midland Chandlers, creating the UKтs largest provider of holiday home and narrow boat spares and consumables.
UK - Further investment for ZBD
Prelude Trust Plc, managed by Esprit Capital Partners, has made an additional ТЃ640,000 investment into ZBD Displays Ltd as part of a ТЃ2.86m funding round. This will mean that Prelude will now have a 33% holding in ZBD, and has so far committed ТЃ5.6m...
UK - Successful exit for Bridges
Bridges Community Ventures has announced the sale of SimplySwitch, a price comparison service for household utilities and financial services, to The Daily Mail and General Trust plc. The transaction was valued at ТЃ22m and will be the second successful...
UK - Partial exit for NBGI Private Equity
Following a year of strong performance, Hamworthy Heating Ltd has been able to repay its full loan stock to its principal shareholders, NBGI Private Equity, enabled by new debt facilities provided by HSBC Leveraged Finance. The NBGIPE Fund will now reclaim...