Deals
UK - Smedvig portfolio company Lovejuice appoints new managing director
Lovejuice, a portfolio company of Smedvig Capital, has appointed Andrew Shanahan as the new managing director. Shanahan joins from Pret a Manger. During his time as development director at Pret, he delivered 13 new shops from site identification to design...
GERMANY – Warburg Pincus acquires easycash
Warburg Pincus has acquired the leading German point of sale network service provider easycash from First Data International. The completion of the transaction is subject to approval of the German Federal Cartel Office (FCO) and the deal value has not...
GERMANY – STAR exits BUS Group for EUR 330m
STAR Capital Partners Limited has sold its stake in recycling business BUS Group to trade buyer Befesa Medio Ambiente SA for EUR 330m. The transaction represents the third exit from the financial investor’s STAR 1 Fund.
TURKEY – Advent International and Turkven acquire Roma Plastik
Financial Investors Advent International and Turkven Private Equity have acquired Turkish company Roma Plastik in a management buyout for EUR 56m. The company is currently one of the world’s top five manufacturers of edge bands for furniture and Turkey’s...
NL- PPM Oost invests in TeleMetronics
TeleMetronics Biometry has received a second round of financing from PPM Oost, Technofonds Flevoland and Wageningen Business Generator. The company has developed a system to monitor the health of animals. With this technology, hart rate, body temperature...
ROMANIA – GED sells its stake in Continental Hotels
Spanish private equity management company GED has sold its 20.11% equity stake in Romanian hotel chain Continental Hotels to the current management, RED Group.
SWITZERLAND – NovImmune raises SFr 58m
Geneva-based drug development company Novlmmune has announced the closing of a Series B private financing round. New investor BZ Bank led the SFR 58m financing round. Pictet Private Equity Investors SA as well as previous investors Lombard Odier Darier...
IRELAND - 3V raises EUR 20m from Atlas and Benchmark
3V Transaction Services Ltd, the pay-as-you-go VISA voucher company, today announces it has raised EUR 20m in Series-A funding from Atlas Venture and Benchmark Capital Europe. The proceeds will be used to launch its innovative pay-as-you-go 3V VISA Voucher...
DENMARK - 3i sells Damcos
3i and funds managed by 3i have signed an agreement to sell its 60% stake in Damcos, a global supplier to the shipbuilding industry, to Emerson Electric Co. The value for 100% of the company is approximately EUR 162m.
FRANCE - Apax Partners to delist Prosodie
Apax Partners has announced its has agreed to acquire 46.42% of Prosodie's shares from Alain Bernard via Camélia Participations for EUR 20 per share. Apax also announced its plan to file a tender offer for the remainder of the Prosodie's shares before...
UK - European Capital acquires Whitworths from Gresham for £86m
Gresham Private Equity has exited Whitworths through the sale of the business to European Capital in a deal worth £86m. The exit has generated a return of over 6x for Gresham, which acquired the company in a £15m management buyout in 2001.
FRANCE - Lion Capital sells jam maker to Activa Capital
Lion Capital has announced it has agreed to sell Materne, a leading French jam manufacturer to French mid-market buyout firm, Activa Capital.
FRANCE - Crédit Agricole Private Equity invests EUR 2m in SplitGames
Crédit Agricole Private Equity (CAPE) has completed the EUR 2m first round of funding in online video games exchange community SplitGames.
FRANCE - UFG Private Equity invests in children's shoes retailer
UFG Private Equity, formerly known as Nord Europe Private Equity, has invested EUR 1.5m in Petits Petons.
FRANCE - Activa Capital backs the buyout of Françoise Saget
Activa Capital has backed the spin-out of Françoise Saget from Yves Rocher. The deal was leveraged by a debt package underwritten by Banque Palatine.
ITALY - Doughty Hanson acquires Zobele for EUR 300m
Doughty Hanson has agreed to purchase Trento-based company Zobele from its founders for around EUR 300m, according to reports in the Italian press. Zobele is active in the development of products and solutions for pest control, healthcare and household,...
GERMANY – Intel Capital invests in BrainLAB
Intel Capital has acquired an interest in Munich-based medical technology company BrainLAB. The venture capital organisation invested $7.3m that will be used to accelerate the development of mobile point of care solutions to provide patient with consistently...
SPAIN - Baring Private Equity Partners invests in the educational sector
Baring Private Equity Partners has taken a significant stake in multilingual school Estudios Agora for an undisclosed sum. According to reports in the Spanish press, the acquisition is the first step of a buy-and-build operation which aims to create a...
UK - ECI Partners sells Kirker Travel to Kuoni
ECI Partners, has sold Kirker Travel to Kuoni for an undisclosed amount. Kirker is an independent provider of luxury holidays, offering tailor-made itineraries for holidays across 150 destinations in Europe, Africa, the Middle East, the Far-East and New...
UK - Inventages invests in CMP
Oxford-based allergy specialist CMP Therapeutics Ltd has raised another EUR 1m from Inventages Capital Investments Inc. The funds are part of a Series A round, which saw Inventages invest EUR 1m in the first tranche in December 2005. The company, which...
SWEDEN - Candover beds Hilding
Candover has signed an agreement to acquire Swedish mattress manufacture Hilding Anders from Investcorp for an enterprise value of SEK9.2bn (approx. €1bn).
ITALY - Candover is the most probable buyer for Ferretti
After months of speculation about the future of Ferretti, it seems that the luxury yatch group is set to be acquired by Candover. Market sources suggest that the UK buyout house is in final talks with Permira, majority shareholder with a 70% stake. Although...
FRANCE - IPO leads AltéAd buyout
IPO, Synergie Finance and Ouest Croissanec have invested EUR 6m of equity, half of which in convertible bonds, in industrial machinery transportation and maintenance business AltéAd.
ITALY - MPS Venture et al acquire 30% stake in Gruppo SDN
MPS Venture SGR, coinvesting with Centrobanca Sviluppo Impresa and Sanpaolo IMI Investimenti per lo Sviluppo SGR has signed an agreement to acquire a 30% shareholding in Gruppo SDN. The deal value has not been disclosed. Naples-based Gruppo SDN provides...