Deals
UK - US-based Saints Capital buys technology portfolio for cash
The sale of the entire portfolio of unquoted investments and certain restricted quoted investments of Amerindo Internet Fund Plc (AIF) and Emerging Technology Portfolio (ETP) have been sold to funds managed by Saints Capital and Willowridge Inc for cash....
GERMANY - U3 Pharma raises EUR 27m in third round
The translational medicine-focused oncology company, U3 Pharma AG has raised EUR 27m in its third financing round, led by Life Sciences Partners (LSP) as well as existing investors. The funding will be used to accelerate the further development of antibody-based...
BELGIUM - Carlyle acquires 80% of Transics NV
The Carlyle Group has announced that it has acquired an 80% stake in Transics NV, together with the founders and co-chief executive officers, Walter Mastelinck and Ludwig Lemenu. The transaction signifies the third investment from its European technology...
GERMANY - VTC acquires Soudronic Automotive
Munich based investor VTC Industrieholding GmbH has announced the acquisition of the shares of Soudronic Automotive AG from Capvis and Gilde. Soudronic Automotive is based in Neftenbach, Switzerland and makes annual sales of approximately CHF 60m. It...
FRANCE - Franco-American placement agent wants to float on Euronext
Triago-X, the leading European placement agent which specialises in secondary transactions, has announced its intention to float on Euronext Paris.
SPAIN - Permira set to acquire fast-food giant Telepizza
Permira is set to acquire Spain's biggest pizza delivery chain in a EUR 572m deal according to reports in the Independent on Sunday. Permira was favoured by the board of Telepizza, which will be de-listed from the Madrid stock exchange as a result of...
UK - Exponent Private Equity acquires Magicalia for £13m
Exponent Private Equity today announces the ТЃ13m acquisition of Magicalia, a leading UK online publishing group which was launched in 1999 by joint managing directors Adam Laird and Jeremy Tapp.
UK - CVM backs opening of 37 degrees healthclub
Close Venture Management (CVM) has announced the opening of 37 degrees healthclub at More London, the new 13 acre development next to Tower Bridge on the Thames.
UK - 3i sells stake in Tensar to US-based Tensar Corp
3i has sold its minority stake in Tensar, which provides innovative engineering solutions to a wide range of construction problems, to US-based Tensar Corp in a ТЃ68m deal.
UK - Lion Capital expresses interest in Campbell soup brands
The Financial Times reports that Campbell soup has put its UK and Irish grocery brands up for sale at auction in order to allow itself to concentrate on overseas business. The auction has attracted strong interest from both trade buyers and private equity,...
UK - Acquisition of Contour Showers Ltd by MST Capital
Contour Showers Ltd, the UK brand of specialist shower equipment for the elderly and special-needs markets, has been purchased by MST Capital, in conjunction with a new management team of managing director Tim Robinson and finance director David Whitehead....
UK - Northern Venture Managers acquires clothing retailer Nightingales
Northern Venture Managers (NVM) has acquired Nightingales Ltd, a long-standing and well-established mail order clothing retailer, through a management buy-in. NVM have invested ТЃ5m in return for a significant stake in the business. The transaction was...
FRANCE - JP Morgan leads massive EUR 25m expansion in Tagsys
JP Morgan Asset Management, Endeavour and Cazenove have invested EUR 27.5m in a second round of financing for Tagsys, following its MBO from Gemplus in 2001.
TURKEY - AIG Capital Partners invests in Turkish retailer
AIG Capital Partners, a member company of AIG Global Investment Group, announced today it has indirectly acquired a substantial position in For You Bakým Ürünleri Maðazalar L.Þ. The investment, which also included participation by Eastern Retail Holding...
UK - GI Partners acquires group of London Thai restuarants
GI Partners, the US private equity firm most famous for the take-private of Yates pub company in 2004, has today acquired a number of oriental eateries in London, reports The Times. The deal worth approximately ТЃ20m includes restaurants such as Sri Thai,...
FRANCE - 3i sells its stake in French gas specialist Oldham to US group
3i has realised its interest in Oldham SA, the French leading manufacturer of gas detection and measurement tools. The buyer is Industrial Scientific Corporation, the American leader in this same field.
SWEDEN - QuNano secures SEK 45m funding
Lund-based QuNano AB has received SEK 45m in series-A financing from Provider Venture Partners and Teknoinvest. In 2005, the company secured seed capital from Teknoinvest.
UK - South West Ventures Fund invests in data conference company
South West Ventures Fund has invested ТЃ250,000 in VQ Communications Ltd, a video and data communication developer based in Chippenham.
NL- NPM-Capital sells stake in Keesing Group
NPM Capital and management have reportedly agreed to sell all shares in Keesing Group, a Dutch publishing house, to Telegraaf Media Groep for EUR 81.3m. The debt component is understood to be around 40%.
GERMANY - capiton announces latest divestment
capiton has announced a further divestment following its exit from Hettich in January this year. The financial investor has sold its stake in Essener Hochdruck Rohrleitungsbau (EHR) to Bilfinger Berger AG.
GERMANY - Warburg Pincus in renewables double
Funds advised by Warburg Pincus have acquired Vital Fettrecycling GmbH & Co. KG, along with its subsidiary Petrotec GmbH. Vital is active in the disposal and recycling of meat fats, whilst Petrotec produces biodiesel. The vendors, Ulrike Petershagen and...
GERMANY - Advent acquires RWE Solutions Gruppe
Advent International has taken over RWE Solutions Gruppe from RWE Energy. The group consists of SAG, Nukem, RWE Industrie-Loesungen, RWE Space Solar Power and Lahmeyer International. The group is engaged in energy provision and assoiated applications....
NETHERLANDS - Carlyle and Oranje Nassau Groep to acquire Stahl Holdings
Carlyle and Oranje-Nassau Groep (ONG) have signed an agreement to acquire Stahl Holdings BV from affiliates of Investcorp.
NETHERLANDS - Bencis invests in Rynart Transport
Bencis Capital Partners has acquired a substantial interest in logistic service provider Rynart Transport.