Deals
DENMARK - CapMan exits RGS 90
CapMan funds have sold their stake in Danish RGS 90 A/S to DSV Miljø A/S. RGS 90 provides various recycling and soil treatment services.
ITALY - Fondo Nord Ovest Impresa invests in RGM
The fund Nord Ovest Impresa, managed by SanPaolo Fondi Chiusi SGR, completed its first investment in RGM, a company focused on the design and manufacture of power supplies.
SPAIN - Riva y Garcia backs third financing round in Southwing
Via its vehicles Invercat Exterior FCR and Spinnaker Invest SCR, Riva y Garcia Private Equity has taken the lead in a EUR 5m third financing round in Southwing SL.
SWEDEN - Nordic Capital and Apax increase offer for Capio
Opica, a company jointly owned by Apax Europe VI, Nordic Capital Fund VI and Apax France, has increased the offer price for Capio to SEK 17bn. The increased offer, from SEK 153 to SEK 167 per share, is unanimously recommended by the board of directors...
UK - Northgate next private equity target
Shares at Northgate Information Solutions, a specialist software and IT services group, have risen over the last few months and are now approaching 100p per share on the back of rumours that the company will be delisted by private equity.
FRANCE - Neocase raises EUR 5.2m from Iris-led syndicate
Customer service software developer Neocase has raised a further EUR 5.2m in its third round of funding. The investment was provided by Iris Capital, Caisse des Depots et Consignations (CDC), and US IT services company Supporter Group.
FRANCE - CIC LBO Partners backs secondary buyout of Snacks International
CIC LBO Partners, Crédit Mutuel's EUR 135m LBO fund, has backed the secondary buyout of Snacks International, alongside IPO, Unigrains and the company's management.
NETHERLANDS - ABN AMRO Capital Life Sciences invests in Amsterdam Molecular Therapeutics
ABN AMRO Capital Life Sciences (AAC LS) has announced that it has led a EUR 22m series-A financing of Amsterdam Molecular Therapeutics BV (AMT). The syndicate was completed by Advent Venture Partners, Gilde Investment Management and Crédit Agricole Private...
UK - Foresight funds millionaire games creator Zoo Digital
Foresight Venture Partners has led a £4.2m fundraising for Zoo Digital Group Plc, the AIM listed video technology company. Zoo's technology has powered the rise of interactive DVDs, including a new type of computer game that can be played on any DVD...
UK - Refinancing of Saga paves way for IPO
Saga, the provider of services to older consumers, has been refinanced allowing its backers, Charterhouse, to repay all the company's debt and acquire new debt on more attractive terms. The refinancing is reported to have saved £32m on interest. It is...
UK - Hastings Infrastructure Fund in £665m secondary buyout of South East Water
Hastings Fund Management, an infrastructure fund owned by the Australian bank, Westpac, has acquired South East Water from Macquarie in a £665.4m secondary buyout deal. Commentators have suggested that Macquarie's timely exit is evidence of its keenness...
SPAIN - 3i exits Grupo Gesinar
Atisreal, a subsidiary of BNP Paribas Real Estate, acquired 100% of Grupo Gesinar, a player present in both commercial and residential real estate services from 3i and minority shareholders. The transaction value has not been disclosed.
ITALY - TLcom Capital realises investment in Netscalibur Italia
London-based venture capital fund TLcom Capital announced today that it has agreed to sell 100% of Netscalibur Italia to Infracom, a Milan-based private industrial group active in the telecommunications, information technology and mobility businesses....
SPAIN - 3i exits Grupo Gesinar
Atisreal, a subsidiary of BNP Paribas Real Estate, has acquired 100% of Grupo Gesinar, a player present in both commercial and residential real estate services from 3i and minority shareholders. The transaction value has not been disclosed.
GERMANY - Aurelia Private Equity and business angels back JobTV24
Aurelia Private Equity, alongside business angels, has provided expansion funding to JobTV24 GmbH. Notable business angels investing alongside the private equity group include Dr Roland Metzger (founder of Jobpilot.de), Tim Schwenke and Daniel Wild (founders...
ITALY - MPS Venture divests stake in Iseo
Two years after its original investment, MPS Venture has sold its entire stake in lock and hinges manufacturer Iseo Serrature back to the company's founding family for EUR 15m. Iseo Serrature is based in Pisogne (Brescia). It expects to report a turnover...
UK - Endless acquires six-site Mercedes-Benz dealership
Endless is pleased to announce that it has supported the management buyout of H&L Garages Ltd (H&L) from its parent, PD Ports Group Ltd, part of quoted Australian company Babcock & Brown Infrastructure, for £8.5m. Funding for the buyout was also provided...
UK - Palamon to acquire British payment card issuer Retail Decisions Plc
Retail Decisions Plc, a London Stock exchange-listed company which assists retailers, telecommunications companies, oil companies, e-commerce retailers and banks to prevent the fraudulent use of payment and credit cards, has received a cash offer from...
UK - Britvic offer abandoned by Permira
Permira has abandoned a planned bid for soft drinks maker Britvic. The offer would have valued the company which sells brands such as Pepsi and Tango at around £600m.
UK - Anglia water to be acquired by Colonial First State consortium
Anglia Water (AWG) has recommended a takeover approach from a consortium led by Colonial First State, the fund management arm of Commonwealth Bank of Australia and the government pensions fund of Canada, CPP Investment Board. 3i's infrastructure fund...
UK - 3i realises its investment in Vibration Technology
3i has announced the sale of its minority stake in Vibration Technology Ltd, a developer of wireless solutions for the oil, gas and mineral exploration sector, to Sercel, a division of Compagnie General de Geophysique. 3i's proceeds from the sale of £6m...
UK - Imperial Innovations backs environmental technology developer Lontra
Imperial Innovations Group Plc, one of the leading technology transfer and commercialisation companies in the UK, has invested £150,000 in environmental technology developer Lontra Ltd. This brings the total Imperial Innovations has invested in Lontra...
HUNGARY - Permira to acquire BorsodChem Nyrt
Permira has made a public purchase offer for all registered shares in BorsodChem Nyrt, which values Borsod's equity at approximately EUR 850m. The offer price per share is HUF 3,000 and is being made by First Chemical Holding Vagyonkezelö Kft, a holding...
GERMANY - Advent Venture Partners and Partech invest in Qype
Qype, a local search service offering user reviews of over 1,000 cities in Germany, has received series-A funding from Advent Venture Partners and Partech, alongside angel investors and Internet entrepreneurs.