Deals
BULGARIA - Arco acquires CableTEL for €41m
Arco Capital Corporation (ACC) has announced the €41m acquisition of CableTEL, a Bulgaria-based telecommunications company which also has operations in Macedonia. ACC is a holding company that engages in lending and acquisition activities primarily...
FRANCE - MBO Partenaires sells Gamfi to Leica Geosystems
MBO Partenaires has realised its interests in construction lasers manufacturer Gamfi, sold to a subsidiary of Stockholm-listed Hexagon.
GERMANY - Carlyle acquires real estate portfolio from Concordia
The Carlyle Group has acquired a portfolio of 19 properties from insurance group Concordia. The portfolio consists of assets distributed throughout Germany, with a total area of approximately 42,400 m2 which can be rented.
UK - Baird invests £13m in recruitment company Aston Carter
Baird Capital Partners Europe has invested £13m for a majority stake in Aston Carter, a UK recruitment consultancy specialising in the placement of IT professionals into the financial services sector in the UK and internationally.
UK - Cognis Capital backs BIMBO of waste services company
Cognis Capital Partners has backed the BIMBO of waste serivces company Sancerre. The deal has enabled Sancerre to purchase the high temperature incinerator and waste-to-energy plats in Fawley, Hampshire from Veolia ES (UK) Ltd. The company expects to...
UK - 3i sells stake in Corpro to SCF Partners
3i has sold its 49.5% stake in oilfield services company Corpro to SCF Partners. The exit generated an IRR of 22% for 3i, which backed the £2m management buyout of the company in 1998. Since the deal, Corpro has expanded internationally and now operates...
FRANCE - PAI wins exclusivity for 50.01% of Kaufman et Broad
PAI partners has been granted a period of exclusivity for the acquisition of a controlling stake in Euronext-listed house builder Kaufman et Broad.
CEE - AIG invests in SC Digital Cable Systems SA
AIG Capital Partners has invested EUR 45m in Romanian firm SC Digital Cable (DCS) Systems, a provider of video re-transmission services. The commitment will be funded by AIG New Europe II, a EUR 523m fund dedicated to investments in Central and Eastern...
SWITZERLAND - BVgroup acquires Lonstroff Holding AG
BVgroup has backed a management buyout of Lonstroff Holding AG from 3i. The transaction value has not been disclosed, but BVgroup will take an 80% stake in the company with management holding the balance.
UK - Aberdeen exits coach manufacturer Plaxton reaping 2.6x return
Aberdeen Asset Managers Private Equity has realised a 2.6x return on its exit from coach manufacturing portfolio company Plaxton. The business has been acquired by Alexander Dennis Ltd for an undisclosed sum.
UK - Octopus backs Promotion Space with expansion funding
Octopus Private Equity has provided marketing services business Promotion Space with expansion finance. Octopus was introduced to the deal by Ford Campbell, a Manchester and Leeds-based corporate finance firm. The value of the funding was not disclosed,...
SPAIN - Dinamia makes profit of EUR 18.2m from Capital Safety exit
Dinamia Capital Privado has sold the 8.16% stake it had in Capital Safety Group to Candover for around EUR 21m, realising a profit of approximately EUR 18.2m for investors.
ITALY - Permira buys stake in Valentino for EUR 783m
Permira has acquired a 29.6% stake in fashion house Valentino for EUR 782.6m.
FRANCE - Acto makes 50% IRR and 4x its money on Odalys sale
Acto (formerly known as Finama Private Equity) has sold its stake in tourism residences business Odalys.
UK - Charterhouse acquires TSL from Exponent
Charterhouse Capital Partners has acquired educational publisher TSL Education from Exponent Private Equity for an undisclosed sum.
UK - Beringea backs MBO of Eagle Rock from HgCapital
Beringea has backed the buyout of TV and DVD producer and publisher Eagle Rock Group Ltd from HgCapital. The company's catalogue properties include live concert performances from artists such as The Who and Nirvana. Beringea supported Hamburg-based edel...
UK - Beringea backs data marketing company Optima in acquisition
Beringea, manager of the ProVen VCTs has been the lead investor in the acquisition of WDIS Ltd, a specialist business-to-business data management company, by Optima Data Intelligence Ltd. Optima is a data management and business generation company which...
UK - 3i Quoted to list
3i Group will list its new Quoted Private Equity arm on the London Stock Exchange in June. The firm will issue shares at £8, aiming to raise at least £400m in the offering. 3i Quoted Private Equity was set up to invest in listed companies and...
FRANCE - Elaia Partners invests EUR 1.5m in Orchestra Networks
IT-oriented venture investor Elaia Partners has made a EUR 1.5m investment in Paris-based Orchestra Networks, a provider of master data management (MDM) solutions.
UK - LDC backs £52m buyout of Emprise
LDC has backed the £52m management buyout of Emprise, a national provider of outsourced facilities services. Royal Bank of Scotland provided debt to support the deal, which represents a partial exit for RJD Partners, formerly Royal London Private Equity....
SWEDEN- Benchmark capital invests USD 8m in Power Challenge
Benchmark Capital has invested USD 8m in Power Challenge, a online sports game developer based in Sweden. The investment will be used to develop new titles, improve the quality of existing games and expand its global infrastructure.
SWEDEN - EQT lists Nederman with strong interest in the market
EQT has listed Nederman on Stockhom Stock Exchange, receiving noteworthy interest in the market.Through a bidding process, the final price offer was set at SEK 87 (EUR 9.4) per share. The public offering, which compromised a total of 7,381,898 shares,...
SWEDEN- Industrifonden sells shares in XCounter
Industrifonden has sold their shares in XCounter, a medical equipment company listed on AIM. Industrifondens stake, which amounted to 4,74%, was sold for SEK 42m.
SWITZERLAND - Allianz acquires vending machine company Selecta
Allianz Capital Partners has beaten competition from Terra Firma to acquire vending machine business Selecta for £772.5m. The operator of 150,000 vending machines in 22 countries, Zug-based Selecta became part of London-listed food service company Compass...