Deals
Second German newspaper buyout for Veronis-Mecom Consortium
US private equity media specialist Veronis Suhler Stevenson, alongside British Mecom Plc, has acquired German Morgenpost Verlag GmbH from former shareholders Hans Barlach and Josef Depenbrock for an undisclosed sum. The deal is the consortium's second...
First investment for Perfectis II
Perfectis Private Equity has made its first investment via Perfectis II, backing the secondary buyout of SAM +. Alliance Entreprendre and Paluel-Marmont Capital, which backed the original buyout in 2003, have reinvested in the company. Its CEO, Bernard...
ClusterSeven secures £2.4m investment
ClusterSeven, the enterprise spreadsheet management software provider, has announced that Quester, a leading UK venture capital company, has invested £2.4m in the company. The funds will be invested in product development and in ClusterSeven’s expansion...
Bridgepoint sells wind farm stake to Acciona
Bridgepoint has sold its stake in Spanish wind farm developer CESA following an offer for the entire business by Spanish construction and energy group Acciona which values the business at EUR 1.47bn. The transaction is subject to approval from Spanish...
BPE buys Robinia from LDC
Barclays Private Equity, the pan-European mid-market private equity house, today acquired Robinia, one of the specialists in the provision of intensive support services for adults and young people with learning difficulties, in a secondary management...
Inflexion backs MBO of Viking Moorings
Inflexion Private Equity, the mid-market private equity investor, has led the £22m MBO of Viking Moorings (formerly Balmoral Marine), the market leader in the design, hire and sale of mooring systems and associated products to the North Sea offshore oil...
Barclays Ventures buys Accura from Nova
Barclays Ventures has acquired Accura Support Services from Nova Capital Management for £11.9m in a buy-in management buy-out (BIMBO). Senior debt was provided by Bank of Scotland Corporate.
Austrian startup RF-iT receives EUR 4m from PONTIS and Truffle
Vienna-based PONTIS Venture Partners, alongside Parisian Truffle Venture has arranged a first round of funding for Infineon spin-off RF-iT Solutions. Public leverage came from the federal agency Austria Wirtschaftsservice (AWS) which complemented the...
BC Partners in lucrative Galbani sale
Groupe Lactalis, a French milk and cheese producer, is reported to have acquired Italian rival Galbani from UK-based buyout firm BC Partners. Although financing terms have not been revealed, the price is estimated to be in the region of EUR 1.5bn.
IPTV start-up Edgeware receives funding from Creandum
Swedish Edgeware has announced the successful conclusion of a series A financing round with Creandum.
ECI makes 8x multiple on ClarityBlue sale
ECI Partners, a UK mid-market buyout specialist, has sold ClarityBlue to Experian, a subsidiary of GUS Plc, for £85m. This represents an 8x multiple on ECI’s investment in two and a half years.
3i acquires Spanish cafe chain
3i has signed an agreement to buy a 47% stake in the coffee shop chain Café & Té from the founder Gustavo Ron, who will retain a 51% interest in the business.
Advent invests in Airwide Solutions
Airwide Solutions, a global leader in providing mobile infrastructure software to enable, enhance and ensure mobile communications for wireless operators, today announced it has secured $25m in Series D funding. The financing was led by a new investor,...
Sofinnova Partners and Apax invest EUR 12m in DBV Technologies
Sofinnova Partners has announced a EUR 7m investment as lead investor in a EUR 12.3m round of financing in DBV Technologies, a French biopharmaceutical company that specialises in the development of allergy therapies and diagnostic tests. Apax Partners...
Iqua attracts funding from Eqvitec
Finnish mobile communications company Iqua Inc has raised its EUR 2m first round of financing from Eqvitec
Riverside closes third acquisition of the year
Opening up a flow of business into the chemical and pharmaceutical industries in Europe and China, The Riverside Company has announced the purchase of ITT Richter Chemie-Technik GmbH, a leading supplier of pumps, valves, controls and related services...
Veryan Medical completes £2.6m funding round
Imperial Innovations, the technology commercialisation company of Imperial College London, has announced that it has completed a £500,000 investment in Imperial spin-out company Veryan Medical, a developer of medical devices to improve the long-term effectiveness...
ISIS acquires wine distributor
ISIS Equity Partners has taken a majority stake in Enotria Holdings Ltd, a leading distributor of wine, based in Park Royal, London.
Close sells Laybond to Bostik
Close Brothers Private Equity (CBPE) has announced the sale of Laybond Group to Bostik, the global adhesives and sealants company, for an undisclosed sum.
YFM profits from Hargreaves IPO
Shares in Hargreaves Services Plc which floated on AIM earlier this month are now trading at an 20% premium to the 243p per share issue price. The company, a leading provider of bulk materials, principally coal, and support services to the energy and...
Graphite earns 3.2x return on sale of U-POL to ABN AMRO
Graphite Capital, the mid-market private equity specialist, has agreed to sell U-POL, the UKтs leading automotive refinish manufacturer, to ABN AMRO Capital in a deal which values the business at ТЃ75m. The transaction, which is expected to complete in...
3i makes 3.3x money on Warren's sale
3i has announced that it has sold its minority stake in A Warren & Sons Ltd, a leading supplier of industrial products to the construction industry, to the BSS Group. BSS has paid £14m in cash on completion with a further amount of up to £750,000 maximum,...
Four new deals for Sigma Technology
Sigma Technology Group Plc, the UK venture capital investment management and advisory group that specialises in technology and property, has announced four recent new investments.