Deals
BELGIUM - Clear2Pay receives EUR 15.7m third round investment
Clear2Pay has announced that it has received a EUR 15.7m third round investment which was led by AGF Private Equity, with new investor GIMV as a co-lead. The existing investors, Intel, QuestforGrowth, TrustCapital Management and Big Bang Ventures also...
UK - Gresham backs MBO of Swift Technical Group
Gresham has backed the management buyout of Swift Technical Group, the market leader in global recruitment and relocation focused on the oil and gas sector.
SPAIN - Madrigal Participaciones buys El Arbol from CVC
Madrigal Participaciones has recently agreed to buy 80% the supermarket chain El Arbol, from the private equity firm CVC in a transaction worth approximately EUR 54m. The company’s general manager, Juan Pascual, will retain the remaining 20% shareholding....
FRANCE - OTC AM injects EUR 1.2 in Supertec
OTC Asset Management has completed a EUR 1.2m first round of financing in Supertec.
UK - Permira fended off as AGH Venice ups bid for De Vere
AGH Venice, the bidding vehicle formed by Marylebone Warwick Balfour Hotel directors and HBOS's Uberior Ventures has increased its offer for UK hotelier and health club operator De Vere Group.
FRANCE - EUR 8.5m backing for dietary food maker
Creadev, the investment fund of the Mulliez family, has led a EUR 8.5m second round of financing in Ceprodi-Kot. The fund invested EUR 6.5m alongside previous investors H2i, OTC Asset Management (OTC AM) and MaceInvest.
UK - Barclays Ventures backs MBO of portable accommodation hirers
Barclays Ventures has backed a ТЃ11m management buyout of Rollalong Hire from the Newman family. In the year to 31 December 2006 Rollalong Hire is expected to achieve an EBITDA of ТЃ2.5m. The deal was entirely funded by Barclays Ventures and having secured...
SWEDEN - ABN AMRO plans buy-and-build strategy as Loparex acquires Douglas-Hanson
ABN AMRO Capital has announced that its portfolio company Loparex will acquire Douglas-Hanson, a leading supplier of film and paper-based release liners.
UK - Barclays Ventures makes 3.6x on sale of Enigma Holidays to ISIS
The sale of Enigma Holidays Ltd to ISIS represents an exit for Barclays Ventures. The ТЃ22m deal generated a money multiple of 3.6x for Barclays Ventures.
FRANCE - FPG-LFPI buys Brittany biscuit maker
Lazard's private equity fund managers FPG-LFPI have acquired 100% of Traou Mad.
FRANCE - Chinese motorcycle importer gets EUR 400,000 backing
Sigma gestion, Champagne Ardenne Croissance (CAC) and Auxitex have injected EUR 400,000 in Sidam.
FINLAND - CapMan and Helmet exit Kultajousi
CapMan and Helmet Capital, the joint owners of the jewellery retailer Kultajousi Oy, have sold their entire holding in Kultajousi’s parent company Goldhold Oy. CapMan funds’ 40% holding and Helmet Capital funds’ 11% holding have been sold to the Iduna...
NORWAY - NORWAY-FSV V acquires 14 unlisted holdings from Aggregate Media I KB & II NORDIC KB
FSV V has acquired a portfolio of 14 unlisted holdings from Aggregate Media I KB & NORDIC KB, in line with its strategy to become leading portfolio acquirer in the Nordic region.
FRANCE - Crédit Agricole Private Equity takes 20% of Multitec
Crédit Agricole Private Equity (CAPE) has acquired a 20% equity stake in Montpellier-based Mutlitec.
UK - ISIS backs secondary MBO of Enigma Holidays Group
ISIS Equity Partners has backed the secondary management buy-out of Enigma Holidays Group Ltd, which trades as Esprit Ski and Total Ski. Together they are the UKтs leading specialist ski operator, providing both family skiing as well as a range of quality...
UK - Permira to make late entry bid for De Vere Group?
According to the Times today Permira is to make a late entry into the bidding for De Vere Group, the operator of the Village Hotels & Leisure Clubs brand and the Greens health club. The board of the group has already recommended an offer from Richard...
GERMANY - bmp AG sells shares in eprofessional GmbH to ZANOX.de
Berlin-based bmp AG has announced the sale of its 25.5% holding in eprofessional GmbH to Zanox.de for a sum of EUR 4m. The proceeds from this transaction, including the repayment of a silent partnership, will result in a seven figure profit for bmp.
FINLAND - Beneq closes first funding round on EUR 1m
Beneq has secured funding from Holtron and a group of private investors, with a venture capital investment of EUR 1m. Beneq is planning to use this funding to speed up its international growth and strengthen the organisation, with a substantial proportion...
UK - LDC buys telecoms tester in £30m deal
LDC has backed the management buyout of Microlease, the European market leader for the rental and leasing of electronic test and measurement equipment. Microlease provides a wide range of general purpose test equipment such as oscilloscopes and data acquisition...
UK - Terra Firma in partial exit from East Surrey Holdings
Terra Firma has sold ESP Pipelines Group Ltd for ТЃ225m to ABN AMRO Infrastructure Capital Equity Fund. The acquisition is being funded by a mixture of equity provided by the infrastructure fund and debt underwritten by Barcalys Capital.
UK - Thames Water opens its books for Terra Firma
The first round of bidding for Thames Water is expected shortly, after the Independent on Sunday reported RWE, the owner of Thames Water, will open the books of the company this week. It is understood that Terra Firma are interested in the deal and face...
UK - New soft drink manufacturer receives £69m from FF&P
Fleming Family & Partners (FF&P) is backing a start-up soft drinks manufacturer that has ambitions to become a leader in the Euorpean non-alcoholic beverages market, according to the Financial Times. FF&P is the private equity vehicle of the Fleming family,...
FRANCE - Fonds Partenaires sells Fahrenheit to EDF
French private equity firm Fonds Partenaires has realised its investement in gas-powered boilers maintenance company Fahrenheit.
FRANCE - Direct Energie receives additional funding
Crédit Agricole Private Equity (CAPE), CITA Gestion and NBGI Ventures have renewed their commitments in the third round financing of Direct Energie. As a result of the transaction, industrial Group Louis Dreyfus takes a two third equity stake, financial...