Deals
FRANCE - KKR in exclusive talks for PagesJaunes
According to press reports, Kohlberg Kravis Roberts has entered exclusive negotiations with France Telecom for the acquisition of its 54% stake in telephone directory business PagesJaunes, for EUR 3.3bn
UK - Lagan secures £8.3m funding led by Esprit Capital Partners
Lagan, provider of enterprise case management and customer relationship management solutions to governments in the UK and North America, has secured ТЃ8.3m investment funding to support the company's next phase of growth. The latest round of funding was...
DENMARK - CVC Capital Partners sells DT Group
CVC Capital Partners has announced the signing of an agreement to sell DT Group (formerly Danske Traelast) to Wolseley. Wolseley has bought the leading distributor of building materials for an equity value of EUR 1,498m.
UK - Nomad receives £8m boost led by Amadeus
Amadeus has led a series-A financing round of a total commitment of ТЃ8m in Nomad Holdings, a UK company that designs, installs and operates high bandwidth connectivity on board trains. German venture firm T-Mobile Venture Fund has participated in the...
UK - Barclays Ventures backs MBO of Lakeview Computers Group
Barclays Ventures has backed the management buyout of Lakeview Computers Group Ltd, a leading player in the development and maintenance of enterprise resource planning software systems. The business, which generates an annual EBITDA of over ТЃ2m, was...
SWEDEN - Procuritas buys North Trade
Procuritas Capital Investor III has acquired a majority shareholding in meat products importer North Trade AB. Going forward, North Trade plans to launch new products and expand geographically.
SPAIN - All eyes on Pullmantur
A number of private equity firms are courting Pullmantur, one of the primary tourist divisions of the group Marsans. The travel operator, specialised in tours, cruises and charter flights is looking for a financial partner willing to buy between 30 and...
UK - Takeover dilemma for McCarthy & Stone
The largest builder of retirement homes in the UK, McCarthy & Stone, recommended a joint offer by Permira and Barclays Capital earlier this week. However, now a rival consortium made up of HBOS, the Reuben brothers and West Coast Capital has indicated...
UK - Hedge fund tries to scupper Fortress/Telent deal
The Financial Times today reports that Fortress Investment Group's proposed take-private of Telent was uncertain due to the tactics of US hedge fund Polygon. The board of the Marconi telecommunications equipment business has already approved the offer...
UK - Bridgepoint's Pets at Home in £288m refinancing
Pets at Home, the UK pet food and product retailer, has secured ТЃ288m of new debt facilities following its announcement last week of revenues of ТЃ276.9m and EBITDA of ТЃ40.7m for the year ended 31 March 2006. Following completion of the refinancing,...
ITALY - Aletti acquires majority stake in Lovato
Aletti Private Equity has purchased 70% of Officine Lovato from its founders, via the Dimensione Network fund. According to reports in the Italian press, the transaction is worth around EUR 25m.
SPAIN - Bridgepoint buys Dorna from CVC
Bridgepoint has won the competitive auction to replace CVC Capital Partners as a shareholder in Dorna, a motorcycle sports business that promotes and manages MotoGP (the Motorcycle Road Racing World Championship). Other private equity firms involved in...
UK - Aggregator television attracts £9m from 3i, Amadeus and Intel Capital
3i, Amadeus Capital Partners and Intel Capital are co-leading a ТЃ9m series-A financing round for London-based digital TV operator Aggregator Limited. The funding will be used to roll out a series of products over the next two years.
UK - Catapult Venture Managers back Exmet
Catapult Venture Managers has led a syndicate of investors to provide a ТЃ600,000 funding package for Kingswinford-based Exmet Limited, the supplier of the See20/20 specialist management software system for single and multi-site ophthalmic practices....
UK - ABN AMRO Capital acquires Amtico in £98.25m deal
ABN AMRO Capital has agreed to acquire Amtico International, the high end flooring designer and manufacturer, from Electra Private Equity. The transaction, which is expected to complete in around four weeks subject to customary approvals, values the business...
BELGIUM - KBC Private Equity sells I-PAC Technologies
KBC Private Equity has signed an agreement to sell its 18.90% stake in I-PAC Technologies, a specialist in the development of new technologies for the plastic packaging industry. InnoConcepts NV, the principal stakeholder, will acquire the stake for EUR...
BELGIUM- KBC invests in Tailormade Logistics and Tailormade Transport
KBC Arkiv has invested EUR 1m in Tailormade Logistics and Tailormade Transport, two Flemish companies specialising in integrated logistics services.
ITALY - Wise acquires majority stake in SpII SpA
The private equity firm Wise SGR, via the funds Wisequity II & Macchine Italia, has acquired a majority stake in SpII SpA, an industrial automation player for the logistic sector, from its founders for an undisclosed sum.
UK - Esprit join Atlas and Benchmark in funding round for Newnham
Newnham today announced it has raised $13.25m in a series-B extension round of venture capital to help the company expand the development and worldwide marketing of its interactive networked display software and semiconductor technology. Following this...
SPAIN - SEPIDES to finance expansion of e-Cultura
The private equity fund Banesto ENISA SEPI Desarrollo has agreed to purchase a minority stake in e-Cultura Net S.A for EUR 3m. This is part of an expansion strategy led by the fund’s vehicle SEPI Desarrollo Empresarial S.A (SEPIDES).
FRANCE - Tornier announces investment by Warburg Pincus
Tornier, a global orthopedic company based in Grenoble, France, announced today that it closed a transaction with an investor group led by Warburg Pincus to acquire a majority interest in the company. The terms of the transaction were not disclosed. In...
UK - Hotxt closes $6.5m financing round
Hotxt, the text proposition that is revolutionising the text market, today announced the closing of a $6.5m financing round by entities affiliated with the Tudor Group1.
NL-Cinven and Warburg Pincus agree to acquire Casema
Cinven and Warburg Pincus have announced that they have signed an agreement to acquire cable operator Casema from The Carlyle Group, Providence Equity Partners and GMT Communications Partners.
UK - Clearbrook makes first exit
Clearbrook Capital Partners announces that it has agreed to sell Eclipse Scientific Group, the leading independent laboratory company, for ТЃ50m to Inspicio Plc, the testing and inspection group. The sale is the first disposal by Clearbrook, the private...