Deals
THE NETHERLANDS - VNU accepts EUR 7.5bn LBO offer
VNU NV, a leading global information and media company, and Valcon Acquisition BV, a holding company newly incorporated in the Netherlands, announced today that they have agreed to a public offer for VNU that values the company’s equity at EUR 7.5bn,...
UK - Micrima secures £475k from VC syndicate
Micrima Ltd, a spin-out from Bristol University, has received a ТЃ150,000 investment from NESTA (the National Endowment for Science, Technology and the Arts). This is part of a funding round worth ТЃ475,000 with co-investment from private investors and...
UK - Bank of Scotland invests in McCurrach UK
Bank of Scotland Corporate has announced that its integrated finance team has taken a minority stake in Glasgow-based McCurrach UK Ltd.
UK - BancBoston makes 15x money on Aquila exit
BancBoston Capital has notched up a 15.2x net return on the sale of its shares in the UK-based Aquila Group Holdings Ltd. This tops a stellar run of exits for the firm. Returns on BancBoston Capitalтs recent transactions include 6.5x on the sale of Pompe...
GERMANY - Aurelius Group acquires DBT Maschinenfabrik Scharf GmbH
The Aurelius Gruppe has acquired DBT Maschinenfabrik Scharf GmbH from DBT GmbH, a subsidiary of Essen-based RAG AG. RAG is currently taking part in the bidding process for chemicals specialist Degussa. No details of the transaction value have been disclosed....
GERMANY - DZ Equity Partner acquires stake in Illichmann Aluminiumguss
Frankfurt-based DZ Equity Partner has acquired a controlling stake in Austrian Illichmann Aluminiumguss GmbH & Co KG and its Slovakia-based affiliates. Debt was supplied by Investkredit Bank AG. The financial terms of the contract have not been disclosed....
FINLAND - Sentica invests in video rental business
Sentica Partners has invested in Turku-based Makuuni Oy. Makuuni specialises in movie rentals and has more than 90 stores across Finland.
FINLAND - FII and Aura Capital invest in Optomed
Medical technology business Optomed has secured around EUR 700,000 in a first round of funding from Finnish Industry Investment, Aura Capital Oy and Mawell Oy.
GERMANY - Wellington invests in GIGA TV
Wellington Partners is investing in GIGA TV in connection with a round of funding totaling EUR 3m. This will enable the company to expand its position as the largest digital TV network for the gaming and e-sports community in Europe.
SWEDEN - InnovationsKapital generates 9x return on Carmen Systems
InnovationsKapital and other major shareholders have entered into an agreement to sell all of their interests in Carmen Systems to The Boeing Company. As a result, the net proceeds to InnovationsKapital are at least SEK 190m, equivalent to 9x the invested...
THE NETHERLANDS - KKR and CVC close Rotterdam waste management deal
A consortium led by Kohlberg Kravis Roberts & Co. (KKR) and CVC Capital Partners (CVC) today announces that the transfer of 100% of the share capital in AVR for a total enterprise value of EUR 1.4bn from the Municipality of Rotterdam has taken place....
FRANCE - Motorola Ventures invests in IP over broadcast media provider
Motorola Ventures has injected EUR 2m for a third round of funding in UDcast. The investor joins existing shareholders CDC Entreprises Innovation, SGAM AI PE, I-Source, Baytech Venture and Mitsubishi Venture which collectively provided EUR 8.8m in two...
FRANCE - Kayentis raises EUR 2m from XAnge
XAnge has led at EUR 2m first round of funding in the software start-up Kayentis, via its XAnge Capital and XAnge Private Equity funds. Company founder and CEO Philippe Berna, business angels Jean-Louis Moses and Pierre Casse and an industrial player...
UK - North West Equity Fund backs local paper
North West Equity Fund has led a syndicate of institutional investors, including the North West Seed Fund, the management team and twelve private investors in providing a ТЃ250,000 round of funding for Jashousehard Ltd, owner of The North West Enquirer....
UK - BOSIF backs secondary buyout of Mono Global
Bank of Scotland Corporate has announced that through its integrated finance team, it has backed the management of Glasgow-based Mono Global Ltd in the secondary buyout of the company. The deal sees 3i Group Plc achieve a successful exit from the company...
SWEDEN - Accent Equity acquires Grycksbo paper mill from Stora Enso
Accent Equity has announced the buyout of 100% of the shares in Stora Enso Grycksbo AB from Stora Enso.
SWEDEN - Eqvitec invests $4m in Movimento
Eqvitec has made a $4m investment in Movimento AB, a fast growing automotive electronics and software company based in Gothenburg.
UK - EPIC acquires Bighead Bonding Fasteners
EPIC has announced that Brian Giddings and Robin Bromley-Martin have acquired Bighead Bonding Fasteners.
UK - Core backs MBO of Blanc Brasseries
Core Growth Capital, the generalist private equity partnership and manager of Core VCT I, II and III, has backed the ТЃ6m equity raising in the ТЃ10m MBO of Blanc Brasseries, the French brasserie chain founded by Raymond Blanc and managed by Loch Fyne...
SWEDEN - BoneSupport secures SEK 15m from existing investors
The medical technology company BoneSupport AB in Lund has been guaranteed SEK 15m from its current owners, InnovationsKapital, Ferd Venture and Teknoinvest.
FRANCE - Avenir Tourisme purchases Yachts de Paris
Avenir Tourisme has backed the buyout of Yachts de Paris, alongside co-investor Perspectives et Participations. The buyers have taken a 30% stake in the business, while the company’s managing director, Marc Bungener, holds the balance. A private investor...
FRANCE - Activa Capital organises MBO of Logitrade
Activa Capital has organised the management buyout of Logitrade, France’s leading procurement externalisation business for non-strategic purchases. Logitrade has been purchased from its founder, Bernard Mercadier, who will remain as chairman of the supervisory...
FRANCE - Naxicap backs mannequin business
Naxicap Partners has backed the buyout of COFRAD to take a minority stake. It has invested a sum of EUR 2.6m through its funds Banque Populaire Développement and FIP Banque Populaire Proximité IDF Nord 2004. The company’s founding CEO, Serge Beltramino,...
UK - PanOpSys Ltd receives $5.25m Quester funding
PanOpSys, a medical diagnostics company focusing on rapid quantitative detection of disease markers, has announced that it has raised $5.25m in a Series A round of funding from Quester.