Deals
FRANCE - Argos Soditic backs Sitour's MBO
Argos Soditic has backed the management buyout of Groupe Sitour. This is the first investment made through the equity house's new fund, Euroknights V.
FRANCE - BI-SAM Technologies receives EUR 5m from Galileo and Alven
Galileo Partners and Alven Capital have invested EUR 5m in BI-Sam Technologies, in two tranches. The company’s three founders retain a majority equity stake
FRANCE - ABN AMRO Capital France acquires majority of NextiraOne
ABN AMRO Capital France has signed an agreement to buy the majority of NextiraOne and the management and Indigo Capital will take minority shareholdings.
FRANCE - Avenir Entrprises gestion backs Medil's MBI
Eric Menanteau and his management team are taking a 57% stake in medical equipment provider, Medil. Avenir Entreprises Gestion has backed this management buy-in, taking 33% of the company's equity.
FRANCE - Spef Venture sells 3D animation software company Eovia
Spef Venture has agreed to sell Eovia to Californian 3D animation company DAZ Productions for an undisclosed sum.
UK - Index backs Last.fm
The London-based consumer internet startup Last.fm has raised its first round (an undisclosed sum) initiated by Index Ventures.
UK - Gresham sells Alstec for £44.9m
Gresham has made a successful exit from Alstec Group Ltd, a support services business. Gresham made a ruturn of nearly 4x its investment in the sale to Babcock International Group Plc for £44.9m.
UK - CVM sells interest in Applecroft Care
Close Venture Management (CVM) has sold its interests in Applecroft Care Home Ltd in Dover, Kent and Barleycroft Care Home Limited in Romford, Essex, to its partner in the investments.
UK - Katalyst leads funding round for SI Seafarms Ltd
Katalyst Ventures, the private investor group, has led a £633,000 funding round for SI Seafarms Limited (SIS).
FRANCE - Banexi, Demeter and Naxicap back Paprec MBO
Paprec has restructured its capital framework and reinforced its financial capacity during a management buyout backed by Banexi Capital Partenaires, Demeter Partners and Naxicap Partners. The equity houses comitted a total of EUR 35m in this MBO. Previous...
UK - North West Equity Fund backs Indi.Jo
North West Equity Fund NWEF has provided £50,000 of development finance to Indi.Jo Limited to support increased sales activity. This investment is the first tranche of a proposed total investment of £350,000.
FRANCE - Banexi, Naxicap and BNP Paribas back D'Haussy's
Groupe Eppe has sold D'Haussy to a syndicate of investors composed of Banexi Capital Partenaires, Naxicap Partners and BNP Paribas Développement, with management retaining a 12% stake.
FRANCE - Banexi Capital Partenaires takes majority stake in Numalliance
Banexi Capital Partenaires has invested from its fund Middle Market Fund III to take a majority stake in Numalliance
DENMARK - Agillic secures DKK 38m funding
Amadeus has led a DKK 38m first round of funding in Danish Agillic Aps. Vækstfonden and Mike Frayne also participated in the round.
UK - Rutland floats H&T on AIM
Rutland Partners has realised its investment in H&T Group Ltd for cash through an AIM listing. The enterprise value of H&T on flotation is £91.9m and the market capitalisation is £54.2m. The proceeds received by Rutland, after costs and management’s...
UK - Challenge Fund invests in cancer research
Sentinel Oncology has received a financial boost from the Challenge Fund Trading Company, part of Cambridge Enterprise Seed Funds (CESF).
NETHERLANDS - PPM Oost invests in Trade Unlimited
Participatiemaatschappij Oost Nederland (PPM Oost) has provided expansion finance to Trade Unlimited.
GERMANY - Equita makes it three in a week
Equita Management GmbH has made its third investment in a week with the acquisition of Z&J Technologies. The vendor, Hochtemparatur Engineering GmbH (HTE) is a portfolio company of Deutsche Beteiligungs AG. This is the third investment to be made by Equita...
FRANCE - One Equity Partners and Carlson Companies buy 50% of Carlson Wagonlit Travel
In a deal worth $465m, Carlson Companies and One Equity Partners have bought a 50% stake in Carlson Wagonlit Travel (CWT) from Accor.
UK - Synesis Life receives backing from Warburg Pincus, JP Morgan and RBS
Synesis Life Ltd, a provider of bespoke solutions to the pension and annuity liabilities marketplace, has secured financial backing from JPMorgan, Royal Bank of Scotland (RBS) and Warburg Pincus.
DENMARK - Montagu buys LOGSTOR from Axcel, Polaris and FIH
Montagu Private Equity has agreed to acquire LOGSTOR for an undisclosed sum from Axcel, Polaris and FIH. The acquisition has been made in partnership with the company’s incumbent management team.
UK - £1.4m investment for Tanfield Food Company
The creators of the Phileas Fogg brand have received £1.4m of growth capital from Hotbed, the private investor network, and The North East Co-Investment Fund for their latest venture, the Tanfield Food Company.
FRANCE - Activa Capital backs MBO of BFI Optilas
Activa Capital Fund FCPR has taken a majority stake in BFI Optilas, a Nasdaq-listed distributor of electronic and photonic products.
UK - Barclays Ventures exits Integral UK Ltd
Barclays Ventures and Invex Capital have sold their equity stakes in Integral UK Ltd to the existing management team, in a deal valuing the business at £40m. The exit will generate an IRR in excess of 245%.