Deals

NORWAY - Northzone realises EUR 45m in NextGenTel exit

TeliaSonera AB has acquired 82.3 % of Norwegian broadband provider NextGenTel Holding ASA from Northzone, Geocapital, and the other major shareholders. The offer implies a total value for the entire fully diluted issued share capital of NextGenTel of...

FRANCE - MBO Partnenaires backs AntemetA's MBO

MBO Partenaires has taken a majority holding of AntemetA, a provider of IT solutions. The company's staff, Soginnove and SGAM AI have taken minority stakes. The MBO will allow the company to split from Groupe D-FI.

SWEDEN - Novo and SEED Capital invest EUR 3m in Celltrix

The Swedish medical device company Celltrix AB has signed a EUR 3m agreement with Novo A/S and SEED Capital Denmark K/S. The new capital will finance completion of clinical trials and market introduction of Celltrix’s first product, the cosmetic filler...

DENMARK - CVC to bid for Matas

CVC Capital Partners has issued a DKK 5.1bn bid for Matas, according to press reports. Matas has 291 stores in Denmark and more than 2,000 employees. The company sells medicines and healthcare products.

SWEDEN - Provider invests in digital music company

Swedish venture capital firm, Provider Venture Partners has invested SEK 30m in a leader of the digital music market, Musicbrigade. In a fast growing market, Musicbrigade has expanded its offering to the downloading of music, video and audio via the web...

UK - Partial exit for Candover from Acertec

Acertec starts trading on AIM today allowing Candover to realise part of its investment in the company. Candover participated in the 1999 take-private of the Solihull-based engineering company, investing ТЃ60m for a 95% stake. Following the listing it...

UK - RWE wants Thames Water to float

RWE, the German power group, would rather make its Thames Water subsidiary the subject of an IPO than sell it, according to today's FT. Long-term financial investors are still being considered but a flotation would be preferred according to Klaus Sturany,...

SWEDEN - Indap increases offer price for Gambro to SEK 113.70

Indap AB has announced it will be increasing the offer price on Gambro’s series A and B shares from SEK 109.7 to SEK 113.7 per share as well as extending the acceptance period until 31st May. This will give shareholders who have not already tendered their...

FRANCE - LCD developer Nemoptic raises EUR 9m

Nemoptichas received a EUR 9m round of funding from previous investors Ventech Capital, CDC Entreprises Innovation, Crédit Agricole Private Equity, SGAM AI, Auriga Partners, Alven Capital Gestion and Financière de Brienne, and new investor, LC Capital....

GERMANY - Coca-Cola acquires Blackstone-backed Apollonaris

It was announced last week that Coca-Cola had bought Apollonaris, a German mineral water bottler, from its private equity backers. The Blackstone Group and Lion Capital bought Apollinaris earlier this year as part of the EUR 1.85bn deal for Cadbury Schweppes’...

UK - ISIS back MBO of the Panacea Group

ISIS Equity Partners, in partnership with the Panacea management team, has successfully completed a management buyout of the Panacea Group. ISIS invested ТЃ6.187m as part of the transaction alongside senior debt and working capital facilities from Lloyds...

UK - Matrix backs MBO of Blaze Neon Ltd

Matrix Private Equity Partners has financed a ТЃ5m secondary management buyout of Blaze Neon Limited (Blaze) alongside management and senior debt from Lloyds TSB. Blaze is a leading player in the design, manufacture and installation of shop front and...