Deals
DENMARK - Nangate secures $10m funding
Nangate has raised $10m in series-A financing from a consortium of investors, including Vaekstfonden, IVS and SEED Capital.
UK - Barclays Ventures exits PropertyFlow
Barclays Ventures has sold its stake in PropertyFlow (deal value not disclosed) to Canadian company MacDonald Dettwiler and Asssociates (MDA). The exit will generate an IRR of 208% for Barclays Ventures. As part of the transaction the Propertyflow management...
UK - The Capital Fund invests in infusion device
A new high accuracy, low cost infusion pump that also has a range of applications in laboratories and the food and chemicals industries, has attracted ТЃ250,000 funding from The Capital Fund.
UK - 3i and Doughty Hanson back former Egg executives in new startup
Founding CEO of Egg plc and First Direct, Mike Harris, and former Egg CIO Tom Ilube, have announced the creation of a new consumer company pioneering a range of services to help give people real power over their personal information in the digital world....
SWEDEN - Provider sells Tradera to eBay for SEK 365m
Provider funds, together with remaining shareholdes, has divested Tradera.com, Sweden’s largest market place for internet based auctions. The buyer is eBay, paying SEK 365m in cash plus acquisition costs, net of payments for working capital.
SWEDEN - Effpower secures SEK 120m funding
Effpower AB has received SEK 120m in financing from existing investors Volvo Technology Transfer, Gylling and Industrifonden and new investors Adolf Lundin and Leif Kristensson.
NORWAY - Alliance Venture sells Net4Call to Oracle
Oracle has acquired Oslo-based Net4Call from Alliance Venture, the managing director and other employees. The value of the deal has not been disclosed.
UK - Oxford Capital Partners invests in Inetec Ltd
Oxford Capital Partners, the Oxford based venture capital firm focused on science and technology companies, has announced its investment in Inetec Ltd. Inetec Ltd is a developer of waste-to-renewable-energy projects in the industrial food manufacturing...
UK - Debenhams lined up for £3bn IPO
The department store group Debenhams is being lined up for a return to the stock market with a price tag of up to ТЃ3bn, little more than two years after being taken private by a private equity consortium comprising CVC Capital Partners, Merrill Lynch...
FRANCE - Activa Capital backs MBO of Créal
Activa Capital Fund FCPR has purchased a majority stake in Créal, a leading French manufacturer of aluminium windows from its founder, Claude Caprini, and Siparex SPF III Middle Market, a fund managed by Sigefi Private Equity. Founded in 1992 by Claude...
BELGIUM - Peakadilly receives EUR 6m series-A financing
Life Science Partners (LSP) has led a EUR 6m series-A financing round for Ghent-based Peakadilly.
SPAIN - Buy and build continues with acquisition of Foprar
Qualitas Equity Partners and Lombard Odier Darier Hentsch & Cie Private Equity (LODH) have together acquired 100% of Foprar, a manufacturer of tubes and frames for civil works projects. This follows the acquisition in March of 100% of Pronave Yecla SL,...
UK - Pi Capital completes £3m round for Million-2-1
Pi Capital, has announced the completion of a ТЃ3m investment round for mobile gaming company Million-2-1.
NORWAY - Affitech secures NOK 86m funding
The human antibody company Affitech AS has raised a further NOK 86m in a new private placement. The participants in this round include existing investors, Teknoinvest, Ferd Venture, Four Seasons Venture, and Braganza AS, along with new investor Arendals...
UK - Carlyle and Atlas exit Orthogon Systems
The Carlyle Group and Atlas Venture have announced that they have entered into a definitive agreement to sell Orthogon Systems to Motorola, Inc. Financial terms of the transaction have not been disclosed.
UK - AdaptiveMobile secures EUR 4.6m funding
Mobile security and filtering innovator AdaptiveMobile has announced that it has closed a EUR 4.6m first round of funding. Intel Capital, Intel's venture capital investment organisation, led the deal with an investment of EUR 4m. Additional commitments...
AUSTRIA - The Carlyle Group acquires UC4 Software
Financial investors PONTIS Venture Partners and Capexit have exited their joint 21% stake in UC4 Software GmbH. The electronic job scheduling specialist was sold to The Carlyle Group in a joint replacement capital and MBO transaction. The founding manager,...
UK - Katalyst Ventures invests in UV technology
Katalyst Ventures, the private investor group, has announced that it has led a ТЃ319,000 funding round for GB Environmental Ltd, a company that specialises in the deployment of ultra violet (UV) technology for use in both air and liquid environments to...
GERMANY - Auctus Management acquires PharmaZell GmbH
Auctus Management has acquired Raubling-based PharmaZell GmbH from the Lubrizol Group.
NL- Rabo Innovatiekapitaalfonds invests in Organ Assist BV
Rabo Innovatiekapitaalfonds has taken an undisclosed stake in Organ Assist BV.
SWEDEN - Mobeon receives $13m from BrainHeart Capital and AP6
Mobeon, the mobile messaging software specialist, has secured approximately $13m from BrainHeart Capital and AP6.
FRANCE - Duke Street Capital exits Marie Brizard
Duke Street Capital (DSC) has announced today the sale of its 69.3% stake in Marie Brizard & Roger International (MBRI) to French Spirits Group Belvédère, for a total consideration of EUR 397m. DSC took control of MBRI in May 2000 when the family-owned...
GERMANY - Brockhaus sells majority stake in DMS
Brockhaus Private Equity has exited its controlling stake in DMS Dynamic Micro Systems Semiconductor Equipment GmbH. The acquirer, Arcadia Beteiligungen, together with management, plans to support the continued expansion of the firm initiated by Brockhaus....
NORWAY - HgCapital announces intention to take Visma private
Engel Holding AS, owned by funds managed by HgCapital, has decided to make a recommended public voluntary cash offer for all outstanding shares in Norwegian Visma ASA. The offer price, which is NOK 135 per share, values Visma at NOK 4.32bn.