Deals
Oxford Immunotec closes £7M series B financing
Oxford Immunotec, the T cell diagnostics company, has announced that it has closed a ТЃ7M series B private equity financing. The round was led by Prelude Ventures, who invested ТЃ2.75M, alongside Quester, the Dow Chemical Company, and Top Technology....
HgCapital invests in Irish wind farm
HgCapital has invested in Sorne Wind Ltd, which has developed and is constructing the 32MW Sorne Hill wind farm in County Donegal, Ireland. It is HgCapital's second wind farm investment in less than a year, following its acquisition of the Tir Mostyn...
Quester supports Celona with $1.7m investment
Quester has invested an additional $1.7m in Celona Technologies, the established market leader in product portfolio management. This funding will be used to support the continued expansion of Celona's commercial team. Celona Technologies's key offering...
Amadeus and 3i-led syndicate makes wireless investment
Nujira, the Cambridge-based company developing advanced power amplifier technology for the wireless industry, has closed a $7.75m Series A funding round. The round was co-led by 3i and Amadeus Capital Partners, which was the lead seed investor. The round...
ABN AMRO makes Spanish acquisition
ABN AMRO Capital has completed its first acquisition in Spain this year with a management buyoutof Spanish plumbing materials manufacturer, Nueva Terrain.Vitoria-based Nueva Terrain is a leading manufacturer of tubes and accessories for residentialplumbing,...
Graphite Capital sells Jane Norman for £117.4m
Graphite Capital, the UK mid-market private equity specialist, has sold its majority shareholding in Jane Norman to an Icelandic investor group comprising Kaupthing Bank and Baugur Group. The deal values the UK womenтs fashion retailer at ТЃ117.4m.
3i sells UbiNetics to CSR for $48m
3i is selling its stake in UbiNetics to Cambridge Silicon Radio (CSR), the international short-range wireless company, which 3i backed in 1999 and helped float on the London Stock Exchange in April 2004.
Celebrity memorabilia retailer secures £1m
Bridges CommunityVentures (BCV) has made an investment of up to £1min Sportizus, a celebrity memorabilia retailer. The initial stage of thetransaction has closed with BCV subscribing for £500,000 of convertibledebt. The remainder of the investment will...
Zensys secures $16m funding
Zensys has recently secured a $16m round of venture financing for market development and R&D, led by Bessemer Venture Partners. Other participants in the round include Zensys’ first-round venture capital partners, Palamon Capital Partners, and Vaekstfonden,...
Bridgepoint sells Lynx Express to UPS
Private equity firm Bridgepoint has sold its majority ownership of Lynx Express, one of the UK’s largest independent parcel carriers, to the global carrier, UPS. Nuneaton-based Lynx Express, in addition to its parcel delivery service, offers customers...
Spiarex makes 63% IRR on Axiam sale
Siparex SPF III Middle Market fund, which is managed by Sigefi Private Equity, the management company of the Siparex Group, has just sold its shares of Finaixam, the financial holding company of the Aixam group.
Cinven and BC Partners complete Amadeus buyout
Cinven and BC Partners have announced the completion of the EUR 4.34bn acquisition of Amadeus Global Travel Distribution, S.A. following a successful tender offer for the shares in Amadeus listed on the Madrid, Paris and Frankfurt stock exchanges. The...
GED profits from Corporación Dermoestética IPO
GED Iberian Fund has sold 4.1% of Corporación Dermoestética for EUR 15m through the company’s recent IPO. GED has trebled the value of its initial stake and achieved IRR of 40% on the investment.
VC syndicate sells GylcArt to Roche for SFr 235m
Global Life Science Ventures (GLSV) has announced thatRoche, one of the world’s leading research-focused healthcare groups in pharmaceuticals anddiagnostics, has signed an agreement to acquire privately held GlycArt Biotechnology AG, aportfolio company...
3i buys ground handling specialist Aviapartner
3i has signed an agreement to acquire Aviapartner, one of Europe’s leading independent ground handlers.
Oxonica achieves £35m market cap on stock market debut
Oxonica has raised approximately £7.1m (net of expenses) through a placing of 8,658,796 new ordinary shares at 95.8 pence per share. In addition, Oxonica shareholders have converted loans of approximately £2m into ordinary shares at 95.8 pence per share,...
Flint Ink, XSYS and CVC create major global player in the inks industry
American-owned Flint Ink Corporation and XSYS Print Solutions have agreed to merge. The merged group will rank among the largest ink companies in every region it serves, with an employee base of 8,000 and combined revenues of approximately EUR 2.1 bn,...
Advent sells Moeller to Doughty Hanson for EUR 1.1bn
Moeller Group is one of Europe’s largest suppliers of low-voltage electrical distribution and automation components for industrial, commercial and residential use. The transaction is subject to regulatory approval and is expected to close in August 2005....
3i buys Daalderop
3i has announced that it has completed the acquisition of Daalderop, a leading supplier of innovative heating equipment and solar energy systems in the Netherlands. The company also develops, manufactures and sells high quality electric water heaters....
3i buys leading Italian toy firm
3i has announced that it has acquired a 40% stake in Giochi Preziosi, the leading Italian toy company. Claudio Luti’s Felofin shareholding will sell its 40% stake to 3i, while Enrico Preziosi’s Fingiochi will retain 53.4%, Fabrizio Bertola’s Valtidone...
3i firm sold to Japanese trade buyer
Sosei Co. Ltd, a leading Japanese biopharmaceutical company with operations in Japan and the UK, announces that it has agreed terms with Arakis and its shareholders to combine its business with Arakis Limited, a private UK-based biopharmaceutical company,...
Quester invests £2m in software firm
Quester has invested ТЃ2m in Level Four Software Ltd, independent software company which supplies advanced software products for the testing and development of ATM services to major banks and financial institutions worldwide. The capital will be used...
ABN AMRO buys IMCD from Alpinvest
ABN AMRO Capital has purchased speciality chemicals distributor IMCD in a secondarybuy-out from AlpInvest PartnersABN AMRO Capital has purchased specialty chemicals distributor IMCD in a secondary buy-out fromAlpInvest Partners. This investment is the...
IK acquires tensioning products specialist DSI
The Industri Kapital 2004 fund has entered into an agreement to acquire DSI(DYWIDAG-Systems International GmbH), the global provider of tensioning productsused in bridge building, slope stabilisation and mining.DSI is a market leader in the development,...