Deals
Citizen Capital et al. exit Trace in €40m trade sale
Citizen Capital, Entrepreneur Venture and NextStage have sold their stakes in Trace TV, a French media brand and pay-TV channel operator, to Swedish broadcaster Modern Times Group (MTG).
HitecVision sells Valco Group France to Argos Soditic
Divestment from HitecVision's fourth fund
CataCap acquires Lyngsoe Systems
CataCap has acquired a majority stake in Lyngsoe Systems, a Danish IT company.
Blackstone wins race for Versace
Blackstone has bought a 20% stake in high-end fashion brand Versace, making a €150m equity commitment and acquiring €60m in stock.
Permira’s Bestinvest bolts on Tilney's regional businesses
UK wealth manager Bestinvest, backed by Permira, has acquired the regional businesses of Tilney from Deutsche Bank’s asset and wealth management division.
Industrifonden et al. inject SEK 29.4m into Apica
Industrifonden, KTH Chalmers Capital and SEB Venture Capital have invested SEK 29.4m in Apica, a Swedish IT company.
NeoMed leads €15m round for InDex Pharmaceuticals
Venture capital firm NeoMed Management has led a €15m investment in Swedish drug developer InDex Pharmaceuticals via a new rights issue.
Electranova Capital leads Sunfire series-B
Electranova Capital has joined forces with Total Energy Ventures to invest in Sunfire, a German developer of high-temperature fuel cells and electrolysers.
Herkules acquires Elektroimportøren
Herkules has agreed to acquire a majority stake in Elektroimportøren, a Norwegian wholesaler and retailer of electrical equipment.
Piper shears Celtic from its portfolio
Brand-focused investor Piper Private Equity has sold sheepskin apparel retailer Celtic & Co back to its founders.
Argos Soditic sells Alkan to TCR, IDI
Argos Soditic has sold Groupe Alkan, a French manufacturer of equipment for the aeronautical defence industry, to TCR Capital and IDI.
Isis invests in Enterprise Finance
Isis Equity Partners has made a minority investment in specialist loan distributor Enterprise Finance, in a deal that values the business at £28m.
Sovereign-backed Cordium acquires Zodiac
Cordium, a Sovereign Capital-backed regulatory compliance consultancy, has picked up Maltese asset management industry advisory firm Zodiac Advisory Services.
Boost Communications raises further £1m
Existing backers Investinor and TeleVenture have contributed to a £1m funding round for Norwegian mobile advertising firm Boost Communications.
Edge sells Working Partners, Beast Quest to portfolio company
Edge Investments has sold its stakes in Working Partners and Beast Quest to its portfolio company Coolabi in an all-share transaction.
Percipient Capital backs Elucigene MBO
Percipient Capital has supported the management buyout of Elucigene Diagnostics, the UK-based arm of Hologic, a US-based healthcare diagnostics firm.
Beringea backs DCC with £3m
Beringea has invested £3m in Disposable Cubicle Curtains (DCC), a UK-based manufacturer of disposable curtains for hospitals that trades under All In One Medical.
Cinven, EQT target new geographies
European buyout houses Cinven and EQT have been looking further afield for healthcare investments, this week buying US-based CRO business Medpace and Australian radiology specialist I-Med, respectively.
Deal in Focus: Ardian backs €1.96bn Vinci Park buyout
France had not been home to a private equity transaction worth more than €1bn since the summer of 2011 – a dry spell broken in February, when Ardian entered exclusive talks with construction and concessions firm Vinci to back the buyout of its Vinci...
Montagu acquires Dorc from Rabo Capital
Montagu Private Equity has acquired Dutch Ophthalmic Research Center (Dorc) from Rabo Capital, the private equity division of Rabo Bank.
Grovepoint Capital backs Grenade UK
Grovepoint Capital has agreed to acquire a majority stake in Grenade UK, a provider of weight-loss food supplements.
Dawn Capital leads $41m series-C for eCommera
Dawn Capital has led a $41m series-C funding round for eCommera, a provider of e-commerce services to the retail industry.
Balderton leads £1.3m round for carwow
Balderton Capital has led a £1.3m seed funding round for carwow, an online service provider for the purchase of new cars, in conjunction with the company’s commercial launch.