Deals
FRANCE - Iwedia raises EUR 2.7m from VC syndicate
Software specialist Iwedia Technologies has secured EUR 2.7m from an investors group including CDC Entrepreises Innovation, I-Source Gestion, iXCore and Thales Corporate Ventures.
UK - Hg to invest up to £20m in Wind Direct
Hg Capital has agreed to invest up to ТЃ20m in Wind Direct over the next three years. HgCapital is making an initial investment of ТЃ4.6m with an option to invest a further ТЃ15.4m over the next three years.
UK - Hungry octopus buys pizza
Octopus Asset Management has today announced that is has backed the ТЃ7m acquisition of Perfect Pizza Ltd from Papa Johnтs. The investments will come from the Octopus funds Eclipse VCT Plc, Eclipse VCT 2 Plc and Eclipse VCT 3/4 Plc.
UK - Scottish Equity Partners leads £8.5m funding for ip.access
ip.access ltd, a developer of in-building wireless picocell solutions, has announced the conclusion of an ТЃ8.5m financing round led by Scottish Equity Partners, including Intel Capital Corporation and Rothschild & Cie Gestion.
DENMARK - Egalet secures $27.6m from Atlas, Index and existing investors
Danish drug delivery company Egalet a/s has announced the closing of a $27.6m round of financing led jointly by new investors Atlas Venture and Index Ventures.
SPAIN - Nazca makes 8.5x money on Svenson sale
Nazca Capital, one of the most active private equity firms in the Spanish market, has closed a deal with Investindustrial to sell its remaining 67.8% shareholding in the European hair-treatment leader for EUR 82m. The transaction was structured as a secondary...
SWEDEN - Nordic Capital sells Guide to EDB
Nordic Capital Fund IV has entered into a binding agreement to sell Guide to EDB. The value of the deal has not been disclosed.
GERMANY - BayTech leads EUR 3.8m funding of abaXX
BayTech Venture Capital, the German early-stage venture capital firm, has led a EUR 3.8m funding round in financial services firm abaXX, a Stuttgart-based provider of business process management software for financial institutions.
GERMANY - Granville Baird sells Apptimum to Microsoft
Granville Baird has announced that it has sold its interest in software firm Apptimum Inc to Microsoft for an undisclosed sum.
GERMANY - SHS and tbg exit Novosis
SHS Gesellschaft für Beteiligungsmanagement mbH has sold its stake in Miesbach-based pharaceutical specialist Novosis to Swiss-listed Schweizerhall Holding AG. State financial investor tbg has also agreed to exit its stake by way of a staggered process...
AUSTRIA - Carlyle to buy UC4 Software
According to press reports Carlyle Group has agreed to buy a majority stake in UC4 Software from Capexit and and PONTIS Venture, which acquired an interest in the firm in 2004.
THE NETHERLANDS - ABN AMRO helps Bols return home in EUR 210m deal
ABN AMRO Capital, the private equity business of ABN AMRO, and Huub van Doorne, former Rémy Cointreau SA Group executive board director, have agreed the buyout of a selection of key liqueurs and spirits of French international drinks company Rémy Cointreau....
POLAND - Mid Europa completes Aster buyout
Mid Europa Partners, through its Emerging Europe Convergence Fund II, L.P., has completed the acquisition of Aster, a leading provider of media and communication services in Poland. The agreement to acquire Aster from Hicks Muse Tate & Furst was first...
UK - Dunedin makes 6x money on Letts Filofax sale
Dunedin Capital Partners, the UK mid-market private equity house, has announced that Letts Filofax Group, the market leading supplier of personal organisers and diaries, has been sold to Phoenix Equity Partners for ТЃ45m.
FRANCE - Eurazeo agrees to buy Europcar for EUR 3bn
Eurazeo today announced it had reached a final agreement with Volkswagen AG regarding the acquisition of 100% of the capital of Europcar, the European car rental outfit, for EUR 3bn. The terms of this agreement have been approved by the management board...
FRANCE - Eurazeo agrees to buy Europcar for EUR 3bn
Eurazeo today announced it had reached a final agreement with Volkswagen AG regarding the acquisition of 100% of the capital of Europcar, the European car rental outfit, for EUR 3bn. The terms of this agreement have been approved by the management board...
UK - Promethean buys Data Locator Group for £23.5m
Promethean Investments LLP has announced the acquisition of the entire issued share capital of Data Locator Group Ltd by an acquisition vehicle, Data Locator Holdings Ltd, for ТЃ23.5m. Promethean provided the equity and subordinated debt funding totalling...
UK - Blackstone makes £205.4m offer for Center Parcs
Forest Bidco, the acquisition vehicle formed by Blackstone, has made a 80 pence-a-share offer for Center Parcs, the short break holiday village operator.
GERMANY - Financial investor tipped to acquire Tuja Holding
According to press reports the German arm of Barclays Private Equity has agreed to acquire German temping agency Tuja in a secondary transaction. The vendor, Odewald & Compagnie, acquired a majority stake in the company together with the management in...
GERMANY - Lone Star acquires Moenus Textilmaschinen GmbH
Funds advised by US special situations investor Lone Star have acquired Moenus Textilmaschinen GmbH, encompassing the company's operations in Gera, Mönchengladbach, Hamburg and Olomouc in the Czech Republic. The vendor, parent group Moenus GmbH, has said...
GERMANY - Heidelberg Innovation and BioMed Venture exit BioVision
Venture capital groups Heidelberg Innovation and BioMed Venture have exited their stakes in BioVision GmbH to US-based molecular spectroscopy systems specialist Digilab LLC. Heidelberg Innovation and BioMed Venture, alongside other investors provided...
GERMANY - 3i looks to IPO Magix?
According to press reports, 3i is preparing to list Magix, a German software firm in which the firm acquired a 21% stake in 2000.
UK - Liverpool healthcare firm raises £750k funding
A Liverpool pharmaceutical company is expanding with a finance package totalling over ТЃ750,000 which includes support from Merseyside Special Investment Fund (MSIF).
UK - SVG posts 19.6% increase in NAV
SVG Capital has unveiled its unaudited preliminary results for the year ended 31 December 2005. The portolio has posted strong results driven by significant distributions and write-ups including a 19.6% increase in fully diluted net assets per share to...