Deals
SWEDEN - Nordic Capital sells Guide to EDB
Nordic Capital Fund IV has entered into a binding agreement to sell Guide to EDB. The value of the deal has not been disclosed.
GERMANY - BayTech leads EUR 3.8m funding of abaXX
BayTech Venture Capital, the German early-stage venture capital firm, has led a EUR 3.8m funding round in financial services firm abaXX, a Stuttgart-based provider of business process management software for financial institutions.
GERMANY - Granville Baird sells Apptimum to Microsoft
Granville Baird has announced that it has sold its interest in software firm Apptimum Inc to Microsoft for an undisclosed sum.
GERMANY - SHS and tbg exit Novosis
SHS Gesellschaft für Beteiligungsmanagement mbH has sold its stake in Miesbach-based pharaceutical specialist Novosis to Swiss-listed Schweizerhall Holding AG. State financial investor tbg has also agreed to exit its stake by way of a staggered process...
AUSTRIA - Carlyle to buy UC4 Software
According to press reports Carlyle Group has agreed to buy a majority stake in UC4 Software from Capexit and and PONTIS Venture, which acquired an interest in the firm in 2004.
THE NETHERLANDS - ABN AMRO helps Bols return home in EUR 210m deal
ABN AMRO Capital, the private equity business of ABN AMRO, and Huub van Doorne, former Rémy Cointreau SA Group executive board director, have agreed the buyout of a selection of key liqueurs and spirits of French international drinks company Rémy Cointreau....
POLAND - Mid Europa completes Aster buyout
Mid Europa Partners, through its Emerging Europe Convergence Fund II, L.P., has completed the acquisition of Aster, a leading provider of media and communication services in Poland. The agreement to acquire Aster from Hicks Muse Tate & Furst was first...
UK - Dunedin makes 6x money on Letts Filofax sale
Dunedin Capital Partners, the UK mid-market private equity house, has announced that Letts Filofax Group, the market leading supplier of personal organisers and diaries, has been sold to Phoenix Equity Partners for £45m.
FRANCE - Eurazeo agrees to buy Europcar for EUR 3bn
Eurazeo today announced it had reached a final agreement with Volkswagen AG regarding the acquisition of 100% of the capital of Europcar, the European car rental outfit, for EUR 3bn. The terms of this agreement have been approved by the management board...
FRANCE - Eurazeo agrees to buy Europcar for EUR 3bn
Eurazeo today announced it had reached a final agreement with Volkswagen AG regarding the acquisition of 100% of the capital of Europcar, the European car rental outfit, for EUR 3bn. The terms of this agreement have been approved by the management board...
UK - Promethean buys Data Locator Group for £23.5m
Promethean Investments LLP has announced the acquisition of the entire issued share capital of Data Locator Group Ltd by an acquisition vehicle, Data Locator Holdings Ltd, for £23.5m. Promethean provided the equity and subordinated debt funding totalling...
UK - Blackstone makes £205.4m offer for Center Parcs
Forest Bidco, the acquisition vehicle formed by Blackstone, has made a 80 pence-a-share offer for Center Parcs, the short break holiday village operator.
GERMANY - Financial investor tipped to acquire Tuja Holding
According to press reports the German arm of Barclays Private Equity has agreed to acquire German temping agency Tuja in a secondary transaction. The vendor, Odewald & Compagnie, acquired a majority stake in the company together with the management in...
GERMANY - Heidelberg Innovation and BioMed Venture exit BioVision
Venture capital groups Heidelberg Innovation and BioMed Venture have exited their stakes in BioVision GmbH to US-based molecular spectroscopy systems specialist Digilab LLC. Heidelberg Innovation and BioMed Venture, alongside other investors provided...
GERMANY - Lone Star acquires Moenus Textilmaschinen GmbH
Funds advised by US special situations investor Lone Star have acquired Moenus Textilmaschinen GmbH, encompassing the company's operations in Gera, Mönchengladbach, Hamburg and Olomouc in the Czech Republic. The vendor, parent group Moenus GmbH, has...
GERMANY - 3i looks to IPO Magix?
According to press reports, 3i is preparing to list Magix, a German software firm in which the firm acquired a 21% stake in 2000.
UK - Liverpool healthcare firm raises £750k funding
A Liverpool pharmaceutical company is expanding with a finance package totalling over £750,000 which includes support from Merseyside Special Investment Fund (MSIF).
UK - SVG posts 19.6% increase in NAV
SVG Capital has unveiled its unaudited preliminary results for the year ended 31 December 2005. The portolio has posted strong results driven by significant distributions and write-ups including a 19.6% increase in fully diluted net assets per share to...
THE NETHERLANDS - VNU accepts EUR 7.5bn LBO offer
VNU NV, a leading global information and media company, and Valcon Acquisition BV, a holding company newly incorporated in the Netherlands, announced today that they have agreed to a public offer for VNU that values the company’s equity at EUR 7.5bn,...
UK - Micrima secures £475k from VC syndicate
Micrima Ltd, a spin-out from Bristol University, has received a £150,000 investment from NESTA (the National Endowment for Science, Technology and the Arts). This is part of a funding round worth £475,000 with co-investment from private investors and...
UK - Bank of Scotland invests in McCurrach UK
Bank of Scotland Corporate has announced that its integrated finance team has taken a minority stake in Glasgow-based McCurrach UK Ltd.
UK - BancBoston makes 15x money on Aquila exit
BancBoston Capital has notched up a 15.2x net return on the sale of its shares in the UK-based Aquila Group Holdings Ltd. This tops a stellar run of exits for the firm. Returns on BancBoston Capital’s recent transactions include 6.5x on the sale of...
GERMANY - Aurelius Group acquires DBT Maschinenfabrik Scharf GmbH
The Aurelius Gruppe has acquired DBT Maschinenfabrik Scharf GmbH from DBT GmbH, a subsidiary of Essen-based RAG AG. RAG is currently taking part in the bidding process for chemicals specialist Degussa. No details of the transaction value have been disclosed.
GERMANY - DZ Equity Partner acquires stake in Illichmann Aluminiumguss
Frankfurt-based DZ Equity Partner has acquired a controlling stake in Austrian Illichmann Aluminiumguss GmbH & Co KG and its Slovakia-based affiliates. Debt was supplied by Investkredit Bank AG. The financial terms of the contract have not been disclosed....