Deals
FINLAND - Amanda Capital capitalises EUR 2m on two exits
Amanda Kapital, the listed Finnish funds-of-funds, has generated EUR 2m on two exits from its portfolio. EQT IV has listed Togum, a manufacturer of diesel, on the Frankfurt Stock Exchange. And Charterhouse VII has sold its shares of Saga, a travel and...
UK - Ingenious Music VCT backs new UB40 album with £1m
Ingenious's two Music VCT funds have invested approximately £1m to back the 24th album of reggae band UB40. This deal is a joint venture with record label Reflex Muzic Ltd.
FRANCE - Activa makes over 4x from Delpharm exit
It is reported that Activa Capital has made over 4x its money from the sale of pharmaceutical subcontractor Delpharm to its management.
CEE – Mid Europa buys Lux-Med from Cornerstone-led consortium
Dedicated Central European investor Mid Europa Partners has wholly acquired Polish healthcare provider Lux-Med from its incumbent backers, Cornerstone Partners, Deutsche Investitions- und Entwicklungsgesellschaft mbH and Accession Mezzanine Capital. The...
FRANCE - Seventure invests EUR 2m in contactless loyalty card business
Seventure Partners has led a EUR 2m first round of funding for Airtag, a company providing an integral customer loyalty solution, utilising contactless and NFC technology.
SWEDEN - Litorina Kapital acquires Pahléns
Litorina Kapital III has acquired Pahléns, a Swedish developer, manufacturer and seller of swimming pool products. Litorina Kapital will following the transaction hold 75%, while the founding family will hold the remaining 25%.
FRANCE - Audika exit yields over 40% IRR
FPG-LFPI, CIC Finance and Socadif have made satisfactory returns from the sale of their convertible bonds in Holton, the holding controlling 54% of hearing aids distributor Audika.
GERMANY - Venture capitalists back cellity AG
Neuhaus Partners, Mangrove Capital Partners and BrainsToVentures have invested in Hamburg-based developer of mobile internet applications cellity. The invested amount has not been disclosed. The fresh capital will accelerate the company’s growth and...
UK - MSIF invests £300,000 in software company J2 Aircraft Dynamics
Merseyside Special Investment Fund's Seed Fund has provided software company J2 Aircraft Dynamics with £300,000 of funding. The investment follows an earlier round of £100,000. The software has the potential to transform the aircraft manufacturing industry.
POLAND – Krokus acquires Transsystem
Krokus Private Equity has acquired a 70% stake in Polish technological transportation system manufacturer Transsystem. Founded in 1991, the company is based near Rzeszow and posted revenues last year of EUR 40m. As a result of the deal, Krokus will assume...
FRANCE - Truffle Venture exits Dietswell and Velcan
French venture capital firm Truffle Venture has partially divested its shareholding in oil engineering business Dietswell, and fully exited its stake in green energy producer Velcan.
FRANCE - CAPE makes 2.3x from sale of Leasecom to ACP Capital
Crédit Agricole Private Equity (CAPE) has sold its entire stake in IT system leasing business Leasecom Group, to UK-based private equity investor ACP Capital, generating an IRR of 30% and a money mutliple of 2.3x.
SWEDEN - Litorina Kapital III L.P acquires Securia
Litorina Kapital III L.P has acquired Securia Systems AB, a Swedish company that offers security related services and insurance solutions. Following the acquisition, Litorina Kapital will be the majority shareholder while the former owners will remain...
NORWAY - ChapDrive raises EUR 2.25m from NorthZone el al.
ChapDrive AS and NTNU Technology Transfer AS have agreed with NorthZone Ventures, Hafslund Ventures and Statoil New Energy a new share issue combined with sale of shares for a total EUR 2.25m. The new investment will be used to build an international...
NORWAY - True North Private Equity and Ernströmgruppen acquire Flisekompaniet
True North Private Equity and Ernströmgruppen, through its subsidiary Ernström Handel & Industri AB, have signed an agreement with Liano AS and FK Invest AS to acquire the shares in Flisekompaniet, a Norwegian tile retailer.
FINLAND - The Carlyle Group makes first real estate investment in Finland
The Carlyle Group has made its first investment in Finland by acquiring four buildings in Helsinki from the pension fund of Finnish Broadcasting company, YLE. Carlyle Europe Real Estate Partners has acquired a portfolio of three properties located north...
PORTUGAL - Inter Risco establishes outsourcing business
Alongside a group of investors, private equity firm Inter-Risco purchased a stake in Accountec, a newly-established company which will operate in the business process outsorcing sector. The total transaction value is EUR 4.5m and the backers will leverage...
NETHERLANDS – Lunatech backs BitLogistics
Lunatech Ventures has led a round of seed funding for BitLogistics, a Rotterdam-based business that monitors and manages supply chains.
FRANCE - Diatos raises further EUR 9.4m
Biopharmaceutical company Diatos has received additional funding from its syndicate of existing investors.
FRANCE - DeAgostini wins exclusivity for Marathon secondary buyout
Italian-listed holding DeAgostini has been granted a period of exclusivity for the acquisition of television production company Marathon, according to French press reports.
SWEDEN - OxThera receives SEK 150m in new share issues
A consortium of investors has invested SEK 150m in OxThera AB, a Swedish pharmaceutical compnay. The previous investors HealthCap, Scandinavian Life Science Venture and Q-Med AB, were joined by Industrifonden and other private investors in the new share...
ITALY - Cape Live Investment fund to float on 19 July
Cape Listed Investment Vehicle in Equity (Cape Live) is to list up to 40 million shares as part of a capital increase on the Milan Stock Exchange. Trading is expected to start on 19 July, at an issue price of EUR 1.05 per share. From 2 July to 13 July...
FRANCE - ABN Amro acquires Findis
ABN Amro Capital France has backed the buyout of household appliances distributor Findis, in a deal valuing the business at between EUR 40-50m.
UK - YFM-run South West Ventures Fund provides Mirifice with £250,000
YFM-managed South West Ventures Fund has provided digital TV monitoring company Mirifice Ltd with £250,000 of funding. Mirifice has developed MirimonTM, a monitoring solution for Digital TV networks. The investment will be used to support the marketing...