Deals
GERMANY - Change Capital Partners acquires JIL SANDER Group
Retail specialist Change Capital Partners has agreed the buyout of Jil Sander Group from the Prada Group. The transaction, which was handled by Change Capital's Stephan Lobmeyr, remains subject to regulatory approval.
NORWAY - Ferd Private Equity Fund acquires Wonderland
Ferd Private Equity Fund (FPEF) has announced the acquisition of Wonderland AS. FPEF has committed capital of NOK 2bn and Wonderland is FPEF’s eighth acquisition.
UK - Barclays Private Equity exits Recruitment Solutions Group
Barclays Private Equity has sold its investment in Recruitment Solutions Group for ТЃ18.5m to Hays Plc, the global leader in specialist recruitment and HR services.
DENMARK - Erhvervsinvest acquires 85% of Elite Gaming A/S
Erhvervsinvest has bought 85% of Elite Gaming A/S from Genua A/S. The value of the deal has not been released. Thomas Marstrand of Erhversinvest will join the board of Elite Gaming A/S.
FRANCE - Asiatex to take Petitboy out of receivership
Pau’s regulatory court has selected Asiatex to acquire Petitboy from CIC Banque de Vizille and bring the company out of receivership. The children’s clothing company has been held under observation for the past four months. Asiatex has agreed to acquire...
THE NETHERLANDS - 3i sells UTT in reverse takeover
3i has announced the sale of Rotterdam-headquartered United Transport Tankcontainers Holdings BV (UTT), the international tank container operator, to AIM-listed Interbulk Investments Plc in a net EUR 67m reverse takeover deal.
UK - Granville buys care services firm
Granville Baird Capital Partners, the international mid-market private equity firm, has today supported the management buyout of Choices Holdings Ltd, a provider of supported living and residential care services to people with learning disabilities. Granville...
UK - Beringea provides follow on investment in Espresso Broadband
Beringea, the private equity fund manager which manages ProVen VCT and ProVen Growth & Income VCT, has made a follow-on investment in Espresso Broadband Ltd, the leading provider of educational broadband content in the UK. The two funds have committed...
UK - Phoenix bags Radley
Radley, the UKтs biggest-selling handbag brand, has sold a majority shareholding to Phoenix Equity Partners in a ТЃ45m deal.
UK - Sovereign acquires residential care specialist
Sovereign Capital Partners LLP, the independent lower mid-market UK private equity provider, has completed the ТЃ22m acquisition of Alkare, the specialist provider of residential care for adults with mental health needs.
UK - D-Line secures £1.3m from investment syndicate
Newcastle-based DLine Ltd has recently received a ТЃ1.13m cash injection to develop its business. The new capital comes jointly from The North East Co-investment Fund, a ТЃ23m investment fund that invests in high-growth technology focused SMEs, and a...
UK - BP Marsh investee firm floats on AIM
B.P. Marsh & Partners Plc, a niche venture capital provider to early-stage financial services businesses, today announces its first transaction following the companyтs flotation on AIM on 2 February 2006.
ITALY - BS buys Arena from Investitori
BS Private Equity has taken over 100% of the Arena Group from Investitori Associati, worldwide leading company in the sports/waterwear category.
UK - Investcorp Technology Ventures acquires Conduit for EUR 90m
Conduit Ltd, one of Europeтs leading directory assistance businesses, has signed a definitive agreement with an entity controlled by Investcorp Technology Ventures to acquire the company for EUR 90m. InfoNXX, Inc., the largest independent directory assistance...
FRANCE - Electra sells electronic security group to Honeywell
Electra Partners Europe has today announced the sale of Gardiner Europe’s largest independent distributor of electronic security equipment, to Honeywell. Gardiner is headquartered in France and has operations in ten European countries: the UK and Ireland...
GERMANY - Permira and Goldman Sachs line up Cognis for IPO
According to press reports, Permira and Goldman Sachs Capital Partners are shortly expected to announce the IPO of Cognis, a speciality chemicals company.
FRANCE - PPM buys jewellers from Apax
PPM Capital, a mid-market private equity specialist, has reached an agreement in principle to acquire Histoire d'Or, a leading French jewellery distributor, from a group of investors led by Apax Partners for a consideration of EUR 230m. The transaction...
BELGIUM - KBC and Net Fund Europe sell Club
KBC Private Equity, Net Fund Europe and several private shareholders have concluded an agreement with Distripar on the sale of their entire stake in Club SA, valuing Club at EUR 21m. The transaction is still subject to certain conditions, including the...
GERMANY - BSN Medical buyout approved by EU
The sale of BSN medical GmbH & Co. KG, based in Hamburg by Beiersdorf AG and Smith & Nephew Plc to Montagu Private Equity has been completed after the approval of the EU commission. In December 2005, Montagu signed a contract subject to merger clearance...
SPAIN - Talde and Highgrowth take majority stake in Teytel Group
The venture capital groups Talde and Highgrowth Partners have together acquired a majority stake in Teytel group, a producer of infrastructure solutions in the telecommunications sector. The total value of the investment has not been disclosed.
NORWAY - Epcon sold to M-I Swaco
3i has sold its stake in Epcon Offshore AS, the leading provider of produced water treatment systems for the oil & gas industry, to M-I Swaco.
FRANCE - Heinz sells seafood business to Lehman Brothers
Heinz has signed a definitive agreement to sell its European Seafood business to Lehman Brothers Merchant Banking for EUR 425m. The transaction is subject to customary EU competition review and approval. Pending regulatory approval, Heinz expects to complete...
UK - No mystery behind Chorion buyout
According to press reports, 3i has offered 425p per share to acquire Chorion, the owner of the rights of authors including Agatha Christie and Enid Blyton, in a deal valued at ТЃ110.7m, excluding around ТЃ20m of debt. The price is a 23.2% premium to the...
UK - Sigma announces two new investments
Sigma Technology Group Plc has unveiled two new investments: Nandi Proteins Ltd and Exterity Ltd. Both of these investments are made through the Sigma Technology Venture Fund, a fund that is managed by Sigma.