Deals
Lyceum's Adapt gets Sleek
Managed IT infrastructure provider Adapt, backed by Lyceum Capital, has acquired cloud hosting provider Sleek.
Axa PE and Fosun increase Club Med bid
Axa Private Equity and Fosun International have increased their offer to wholly acquire listed French holiday resorts group Club Méditerranée to €17.50 per share, up from the initial offer of €17 per share.
Blue Sea Capital's MediGroup acquires Jedro
Blue Sea Capital's portfolio company MediGroup has agreed to acquire Serbian outpatient services provider Dom Zdravlja Jedro from Delta Generali Insurance.
Citizen Capital et al. inject €5.2m into Camif-Matelsom
French GP Citizen Capital has taken part in a €5.2m round for household products retailer Camif-Matelsom.
SEP in £1.25m round for Cyberhawk
Scottish Equity Partners (SEP) has led a ТЃ1.25m investment in remote aerial industrial inspection company Cyberhawk Innovations.
Caird's TM Lewin in potential £100m sale
TM Lewin, a London-based shirt maker backed by Caird Capital, could go up for sale with a ТЃ100m price tag, according to reports.
Bridgepoint secures £375m refinancing for Pret debt
Pret A Manger will pay out ТЃ150m to its private equity owner Bridgepoint following a dividend recapitalisation.
Piper backs Turtle Bay with £6m
Piper Private Equity has acquired a significant minority stake in Caribbean restaurant group Turtle Bay with a ТЃ6m capital injection.
Axa PE sells Outremer to Altice
Axa Private Equity has divested its majority stake in French telecom operator Outremer Telecom to cable and telecommunications investment firm Altice and the company’s management.
CM-CIC Capital Finance buys 12% stake in Courtepaille
CM-CIC Capital Finance has acquired Salvepar's 12% stake in Courtepaille, a French restaurant chain owned by Fondations Capital, for €9m.
VC-backed Cardio3 announces launch of €28.4m IPO
Cardio3 Biosciences, a Belgian pharmaceutical company backed by a number of venture capital investors, has launched the subscription period of its IPO.
Index Ventures backs Rad
Index Ventures has led a €2.5m series-A funding round for French e-commerce business Rad.
CVC raises €812m in bpost IPO
CVC-backed bpost started trading on the NYSE Euronext Brussels today, in an IPO valuing the business at €2.9bn.
Private equity circles D&G
Private equity firms including Blackstone, CVC and Clayton Dubilier & Rice are believed to be in a second round of bidding for Advent International's Domestic & General (D&G).
İş Private Equity offloads Aras Kargo stake
Turkey-based İş Private Equity has sold its 20% holding in parcel delivery group Aras Kargo to Austrian Post in a deal worth €50m.
Midven backs Amalyst
Midven has invested in University College London (UCL) spin-off Amalyst, a developer of electro-catalyst technology, alongside funding body UCL Business Plc (UCLB).
NVM backs Kirton MBO
NVM Private Equity has backed the ТЃ5.5m MBO of Kirton Group, a UK manufacturer and supplier of specialist seating products for the elderly and disabled.
Electra buys Allen & Heath for £43m
Electra Partners has acquired Allen & Heath Ltd, a manufacturer of audio mixing consoles, from Japanese and American audio equipment corporation D&M Holdings Inc for ТЃ43m.
Key Capital Partners' Dwell goes into administration
Furniture retailer chain Dwell has gone into administration, resulting in 23 store closures and 300 jobs shed.
Iceland's venture scene soon to erupt
Iceland may have been at the forefront of the financial crisis, but its start-up activity is beginning to boom. Karin Wasteson investigates
Platina exits Mistral Windfarm 1
Platina Partners has sold the remaining assets in the Mistral Windfarm 1 fund, reaping an overall gross IRR in excess of 40%.
Innogy, Aqton, HTGF invest in Kiwigrid
Innogy Venture Capital and Aqton, alongside existing investor High-Tech Gründerfonds (HTGF), have jointly invested in energy management start-up Kiwigrid.
Kennet Partners and Fidelity Growth buy Rivo Software
Kennet Partners and Fidelity Growth Partners Europe have acquired UK-based software company Rivo Software.
Triogen raises €6.5m from Wadinko et al.
Wadinko, Yellow&Blue Investment Management, real estate fund Intervest and the company's management have invested €6.5m in Triogen Group BV, a provider of waste heat recovery solutions.