Deals
UK – Phasor Solutions Ltd raises £1m in first round of funding
Katalyst Ventures, the private investor group, has made a significant investment into Phasor Solutions Ltd, a developer of flat panel antenna systems, enabling the company to raise ТЃ1m for its initial funding round.
FRANCE - Turenne leads Aston Medical France restructuring
Turenne Capital has led the financial restructuring of orthopedic implants manufacturer, Aston Medical France. The private equity firm contributed EUR 3.5m alongside Sofimac Partners, which committed EUR 1m.
FRANCE - Alven invests EUR 1.5m in travel agency
Alven Capital has injected EUR 1.5m as the sole investor in Travel Selection’s first round of financing. Following the transaction, management retains a majority stake.
NL- Bencis acquires childcare provider Catalpa
Bencis Capital Partners has acquired a substantial equity interest in Catalpa, the market leader in childcare in the Netherlands.
FINLAND - Sentica buys Elematic Group from Consolis
Finnish Elematic Oy Ab has been acquired in a deal led by Sentica Partners and including Finnish Industry Investment, Etera Mutual Pension Insurance Company and the management of Elematic Group. Elematic is a technology provider to precast concrete producers...
FINLAND - Conor Venture leads $2.5m round in Helmi Technologies
Oulu-headquartered Helmi Technologies, a provider of an Ajax-based development platform for building browser-independent rich internet applications, has secured $2.5m in a round led by Conor Venture Partners. The other investors included Finnish Industry...
FRANCE - SGAM and Galileo invest EUR 4m in internet shoe retailer
Société Générale Asset Management (SGAM) and Galileo Partners have injected EUR 4m in e-commerce shoe retailer Sarenza.
UK/NL - Unilever to sell frozen food unit to Permira
Anglo-Dutch consumer products group Unilever has announced that it has signed an agreement to sell the majority of its frozen foods business to Permira for EUR 1.725bn. The transaction, which is subject to customary regulatory approvals, is expected to...
SPAIN - 3i acquires shareholding in Sten
3i has agreed to buy a 30% stake in Sistemas Técnicos de Encofrados (STEN) from its founders and majority shareholders. The company develops formwork systems and solutions for construction projects and civil engineering work. The consideration has not...
NETHERLANDS - Apollo acquires TNT logistics division
Express delivery company TNT has signed an agreement to sell its logistics division to Apollo Management. The total value of the transaction is EUR 1.48m on a cash and debt free basis, of which EUR 15m will be received in the form of a 5% equity stake...
SWEDEN - Replisaurus raises $14.4m
Replisaurus Technologies has raised $14.4m in a first round funding led by Wellington Partners and Northzone Ventures. The new investors were joined by seed investors KTH Seed Capital, FBBB (ForetagsByggarna) and Aumar - The Sixth AP Fund (AP6).
SWEDEN - SLS Venture sells Carlsson Research in deal worth up to SEK 875m
Swedish Carlsson Research AB, a portfolio company of Scandinavian Life Science Venture (SLS), has been acquired by publicly-listed NeuroSearch A/S. The deal, which will close on condition that NeuroSearch completes a new rights issue, is worth up to SEK...
UK - Birds Eye auction not as well attended as hoped
Sources report that only a small number of private equity firms have submitted bids to the Goldman Sach's run auction for Unilever's Birds Eye brand.
UK - Barclays Ventures backs £26m MBO of KIG Holdings Ltd
Barclays Ventures has backed a ТЃ26m management buy out of KIG Holdings Ltd, a leading supplier of secondary steelwork branded products, primarily providing safe access solutions, structural fittings and steelwork fixings.
ITALY - 21 Investimenti buys stake in B-Pack Due
Treviso-based private equity firm 21 Investimenti has acquired a share in the capital of B-Pack Due, a company producing packaging material for the food, textile and medical sectors, for an undisclosed sum.
BELGIUM - Ablynx raises EUR 40m in C financing round
Ablynx, a company specialising in the discovery and development of Nanobodies, a novel class of antibody-derived therapeutic proteins, has announced the successful closing of its series C financing round raising EUR 40m.
UK - Hotbed, Quester and Bank of Scotland invest in metal-coating company
Hotbed, Quester and Bank of Scotland Corporate's Growth Equity team have led a ТЃ10m funding round for Keronite. The three investors contributed ТЃ2.7m, ТЃ1.3m and ТЃ2m respectively.
NETHERLANDS - Peakadilly closes series A financing at EUR 14.5m
Peakadilly NV, the predictive protein biomarkers company, has today announced the final close of its series A financing, raising a further EUR 8.5m and bringing the total raised to EUR 14.5m. Investors in the second close of the series A financing were...
FRANCE - Lafarge sale draws interest
Ahead of the deadline for bid submissions on 6 September, a dozen private equity firms are reportedly set to take part in the auction for two thirds of Lafarge's roofing business. One or two trade buyers are also said to be preparing a bid.
UK - Private equity rumours surrounding SMG unfounded
The Financial Times reports that the Scottish media company, SMG, is likely to turn down last week's takeover approach from Northern Irish rival, UTV. The rumours surrounding SMG and private equity do not apparently have any serious foundations.
NETHERLANDS - Rabo Participaties acquires stake in Renhard BV
Rabo Participaties has acquired a participating interest in Renhard BV, which is the holding company of TCL Installatietechniek BV, in order to enable the merger of TCL and BV Warmte Technisch Buro J Giesbers & JJ van der Graaf. Giesbers & van der Graaf...
UK - Dubai International Capital acquires Travelodge from Permira
Permira has realised its investment in Travelodge, selling the operator of 291 hotels to Middle Eastern private equity firm, Dubai International Capital (DIC) for ТЃ675m. DIC beat private equity rivals Cinven and BC Partners and trade buyer Whitbread...
UK - Endless exits Encanta via sale to Exponent porfolio company, Magicalia
Endless has announced the disposal of Encanta Media Ltd for ТЃ2.72m to Magicalia, an on-line publishing business and one of Exponent Private Equity's portfolio companies.
UK - Dunedin backs £30m secondary MBO of Capula Ltd
Dunedin Capital Partners has announced that it has led the secondary management buyout of Capula Ltd, the UKтs leading independent provider of real time IT solutions to the energy and utility markets, from Bridgepoint. Dunedin backed the management team...