Deals
FRANCE - Industri Kapital acquires French laboratories in tertiary buyout
Industri Kapital has acquired a majority stake of Group Cerba from Astorg Partners for about EUR 160m. To secure this buyout, the European private equity firm defeated APAX Partners, 3i and PPM Capital in a competitive auction. The deal should be completed...
UK - Wound Solutions receives £5m funding from Hotbed and Octopus
A syndicate of investors, including Hotbed and Octopus Bioscience VCT have provided ТЃ5m funding to Wound Solutions.
UK - Permira, Carlyle and Blackstone court iSoft
The struggling healthcare software company, iSoft, is thought to be latest company to be weighed up by private equity with Permira, Carlyle and Blackstone all reported to be interested according to the Observer.
UK - Further activity in caravan park industry as LGV looks to buy South Lakeland
South Lakeland Caravans is reported by the Sunday Times to be in advanced talks with Legal & General Ventures (LGV).
GERMANY - Triton acquires stake in Dematic
Triton, together with the company's management, has taken over shares previously held by Siemens AG in Dematic GmbH & Co. KG. The parties have agreed not to disclose details of the transaction. Dematic employs around 4,000 people and achieved revenues...
UK - Macquarie-3i consortium to outbid Goldman Sachs for ABP
It is reported in today's Times that the consortium led by Macquarie is likely to offer ТЃ2.7bn for Associated British Ports (ABP), outbidding the Goldman Sachs consortium's ТЃ2.53bn offer.
UK - Apax assess All3Media
All3Media, the television production company formed by three former ITV executives, is being assessed by Greg Dyke who is a consultant to Apax, according to The Times today.
SWEDEN - 3i sells its stake in Atea
3i has sold its shareholding in Atea Holding AB, a supplier of IT infrastructure, to Ementor ASA. Ementor buys the entire company for SEK 1,050m.
SWEDEN - CapMan and Investor Growth Capital invest in Neoventa Medical
CapMan Life Science IV fund managed by CapMan and Investor Growth Capital has invested in Neoventa Medical AB, a Swedish medical technology company within the area of fetal monitoring.
UK - Bidding war pushes ABP shares to 850p
The Financial Times reports today that Goldman Sachs has raised its offer to Associated British Ports from 810p to 840p per share as competition between its consortium and that led by Macquarie intensifies.
SWEDEN - Nordic Capital buys ICA Meny
A subsidiary to Nordic Capital fund VI has signed an agreement to acquire ICA Meny from ICA AB for an undisclosed sum. The completion of the transaction is subject to approval by relevant authorities.
CROATIA - Mid Europa secures calcium aluminate business
Mid Europa Partners has acquired Heidelberger Calcium Aluminates from HeidelbergCement Group. The transaction includes Heidelberg Cement's 92.4% stake in Istra Cemment d.o.o., a production facility based in Croatia, as well as two trading entities in...
FRANCE - Crocus technology attracts EUR 13.5m on first round
Sofinnova ventures, Ventech, CDC Entreprises Innovation, AGF Private Equity, Sofinnova Partners and NanoDimension participated in the EUR13.5m round of financing.
NETHERLANDS - Rabo Participaties has acquired Luzac College
Rabo Participaties and management have acquired Luzac Holding BV, a parent company of among others Luzac College and InterCollege, from USG People. No financial details have been disclosed, but analysts estimate the value to be around EUR 30m.
GERMANY - Süd and DZ go in on ball bearings secondary
Süd Private Equity and DZ Equity Partner have, together with the management, acquired myonic Group, Leutkirch. The vendor, Capvis Equity Partners acquired a majority stake in the company in 1999.
NETHERLANDS - Friesland Bank acquires minority stake in The Institute of Travel
Friesland Bank has announced that it has acquired a minority stake in The Institute of Travel. The financing will be employed to realise further growth of the company, both organically as well as through acquisitions of specialist travel organisations....
UK - The Capital Fund invests in mobile games innovator
Telcogames Ltd, a global publisher, developer and distributor of mobile games, has raised initial expansion funding from The Capital Fund to strengthen its publishing activities in smartphone gaming.
UK - Macquarie-3i consortium tries to thwart Goldman ABP deal
The board of Associated British Ports yesterday approved the Goldman Sachs consortium's bid offering 810p per share. Within hours Dresdner Kleinwort Wasserstein, acting on behalf of the Macquarie-3i consortium purchased shares in the market at a price...
Luxembourg - Taylor Wessing advises IGEFI on Summit Partners equity investment
Taylor Wessing has advised IGEFI Group, a provider of software solutions to the investment funds industry, on its equity investment from Summit Partners.
FRANCE - Varioptic receives extra EUR 1m from Dow Corporate Venture Capital
The American investor Dow Corporate Venture Capital has joined exisiting investors with a contribution of EUR 1m in the third round of financing for liquid lens developer Varioptic.
UK - MFI auction reaches second round
The second-round auction of MFI Retail will begin on Friday according to the Financial Times. Further details of the sale of the struggling furniture business have now emerged.
GERMANY - Carlyle Group invests in Global Media
The Carlyle Group has obtained a significant minority stake in Global Media GmbH, a web marketing company. The firm delivers a range of online services including search engine optimisation, key word advertising and online media planning.
NORWAY - HitecVision closes Technor acquisition
HitecVision Private Equity has via holding company CET Holding AS closed the acquisition of 94.6% of the shares of Technor ASA. Technor is listed on the Oslo Stock Exchange and CET Holding has announced its intention of buying the remaining shares and...
UK - Chronicle Solutions receives £3m 3i backing
3i has led a ТЃ3m series-A investment in Chronicle Solutions along with syndicate partners Scottish Equity Partners and Societe Generale Asset Management Alternative Investments. As part of the deal, Nick Kingsbury, sector partner at 3i, is appointed...