Deals
GERMANY – Francotyp-Postalia floats on the Prime Standard
Quadriga Capital has floated German mailing systems solutions company Francotyp-Postalia on the Prime Standard in Frankfurt. The share price was set at EUR 19 and 2.7 million new shares were offered as part of a capital increase, resulting in gross primary...
ITALY - Synergo and Change Capital Partners acquire Unopiù
Private equity firm Synergo SGR has acquired 50% of Unopiù in a club deal with Change Capital Partners. The deal value has not been disclosed.
ITALY - Advent acquires Venere.com
Advent International has acquired a majority stake in Venere.com, an online hotel reservations company, in partnership with its founders. The value of the transaction has not been disclosed.
SWEDEN - Ratos-backed Lindab to float today
Trading in Lindab’s shares on the Stockholm Stock Exchange will commence today. The market capitalisation of the company is SEK 8.658bn. Lindab, which offers in-house solutions in steel and sheet metal, is one of Ratos's portfolio companies.
UK - August Equity supports £40.9m take-private of Planit
August Equity has invested £14.2m in Planit Holdings Plc, to support the £40.9m management buyout of the AIM-listed company which will herald the first public-to-private deal in August Equity’s portfolio. The public-to-private scheme is expected to...
UK - The Carlyle Group to acquire Bigmouthmedia to merge with Global Media
The Carlyle Group has acquired Bigmouthmedia, the digital marketing agency headquartered in Edinburgh and will merge the company with its existing portfolio company, Global Media GmbH, the web marketing company headquartered in Munich. As a result, Carlyle...
UK - Gresham generates 2.6x return on exit from Blue Group
Gresham Private Equity has exited Blue Group International through the sale of the business to HCL Plc (formerly Healthcare Locums Plc) in a deal worth £12m. Gresham made a return of 2.6x its investment.
UK - London Technology Fund invests in interactive 3G video platform company
Intellistream, the developer of a new turnkey solution for 3G video content delivery, has attracted funding of £355,000 from London Technology Fund and several business angels. Following the investment an experienced software executive will join the...
UK - Bridgepoint exits Longville
Bridgepoint has realised its investment in Longville, the international rental group focusing on the provision of pumping and temperature control solutions. The company has been acquired by US-based Carrier Inc, a business unit of United Technologies...
UK - KKR and Goldman Sachs to bid for EMI
EMI, the London Stock Exchange-listed music company behind Robbie Williams and Coldplay is reported to have received an approach which may lead to a take-over bid. KKR and Goldman Sachs are believed to be among the potential bidders.
FRANCE – Gilde acquires Groupe Novasep
Gilde Buy Out Partners and Banexi Capital Partenaires have acquired Group Novasep for EUR 425m from Rockwood Holding. The financial investors take a 72% stake with management holding the balance. The transaction is subject to approvals by relevant competition...
UK - MSIF invests £440,000 in interactive voice messaging solutions company
Merseyside Special Investment Fund (MSIF) has invested £440,000 in Paver Downes Origin, a Liverpool-based interactive voice messaging (IVM) solutions company.
SWEDEN - 3i and SEB Företagsinvest divest stakes in SBL Vaccines in sale to Crucell
3i and SEB Företagsinvest, alongside other shareholders, are divesting their stakes in SBL Vaccines, a Swedish vaccine distributor in a sale to NASDAQ listed Dutch biotechnology company Crucell. The sale price is EUR 39.4m, excluding deferred payments...
UK - Audax Group backs MBO of Nicholl Food Packaging
Audax Group, a Boston based mid-market private equity house, has backed the management buyout of Nicholl Food Packaging from its private shareholders. The transaction was supported by debt facilities arranged by Barclays Leveraged Finance in the Midlands...
UK - Core Capital invests £5m replacement capital in Kelway
Core Capital has completed a £5m replacement capital investment in Kelway, a fast growing IT hardware and software reseller based in the UK, which focuses on supplying to companies in the SME market. Kelway is one of the UK’s leading resellers of computing...
AUSTRIA – IDENTEC SOLUTIONS raises EUR 10m
SAM Private Equity has led a financing round of EUR 10m in Austrian company IDENTEC SOLUTIONS. Other financial backers included gcp gamma capital partners, Sustainable Performance Group and RFID Invest. The company will use the funding to launch additional...
GERMANY – ubitexx GmbH receives funding
BayBG has invested EUR 400,000 in Munich-based ubitexx GmbH, a specialist company for professional PDA and Smartphone solutions. The funding will be used for software development and expansion of existing distribution channels.
FRANCE - MBO Partenaires invests in real estate intermediary
MBO Partenaires has taken a 40% stake in Le Partenaire Européen, a company which acts as a contact point between buyers and sellers of real-estate.
UK - Gresham exits Individual Restaurant Company Limited
Gresham Private Equity has successfully exited Individual Restaurant Company Limited (IRC) through a sale to Bank Restaurant Group plc (Bank) for a value of up to £41m.
GERMANY – vertico software raises EUR 2m
FirstVentury Equity GmbH has invested EUR 2m in Karlsruhe-based VoIP manufacturer vertico software GmbH in a first financing round. The funding was made via the venture capitalist’s aeris Technology Fund.
FRANCE - Unither's secondary buyout generates 4.25x money multiple for SG Capital Europe
SG Capital Europe has achieved a money multiple in excess of 4x and an IRR of almost 26% on the sale of dose vials manufacturer Unither to ING Parcom.
GERMANY – GermanCapital buys into ALNO AG
GermanCapital has acquired a minority stake in German kitchen manufacturer, ALNO AG via its bidding company Küchen Holding. The strategic investor acquired its 20.6% stake from Commerzbank AG and has now made a voluntary public takeover bid of EUR 7.20...
UK - Ingenious Music VCTs invest £2.6m
Ingenious Ventures, part of Ingenious Media, the specialist media investment and advisory group, has invested a total of £2.6m through its two Music VCTs. The money will support debut albums of up-and-coming bands Passenger and Apartment, and solo-artist...
UK – Esprit backs WAYN
Esprit Capital Partners has led a $11m series A round of funding for UK travel and lifestyle social network business Where Are You Now? (WAYN).