Deals
Cinven's Avio Spazio attracts trade buyers
Preliminary offers for Avio Spazio, owned by Cinven and Italian defence group Finmeccanica, are expected by the end of June according to reports in the local press.
Agilitas buys ISS division in maiden investment
Mid-cap GP Agilitas Partners has backed the management buyout of ISS Damage Control from EQT-backed ISS Group.
AA and Saga looking to refinance, then split
The AA group and Saga, backed by CVC, Charterhouse and Permira, are to issue a long-term bond to refinance £4bn of bank debt, which could lead to a break-up.
Dunedin backs £43m Trustmarque secondary buyout
Mid-market GP Dunedin has backed the ТЃ43m management buyout of Trustmarque Solutions, a technology services and solutions provider, from LDC.
Doughty divests Vue to Omers and Alberta for £935m
Doughty Hanson has sold cinema group Vue Entertainment to Omers Private Equity and Alberta Investment Management Corporation (AIMCo) for an enterprise value of ТЃ935m.
Neomed and Defi back CHF 1.3m round for Diagnoplex
Neomed and Defi Gestion have taken part in a CHF 1.3m funding round for Diagnoplex SA, a Swiss developer of diagnostics for colon cancer.
Valedo backs Becksöndergaard
Valedo Partners has invested in fashion accessories brand BecksУЖndergaard Copenhagen.
Algot Invest et al. back Targovax
Algot Invest and other investors have injected $1.3m into Targovax, a Norwegian cancer vaccine specialist.
Axon and Bonsai back Akamon with €2.8m
Axon Partners Group and Bonsai Venture Capital have injected €2.8m into Spanish social gaming firm Akamon Entertainment.
Sponsor Capital backs Espotel
Sponsor Capital Oy and Espotelтs management have wholly acquired Espotel Oy, a Finnish provider of R&D services for embedded systems development.
Cerus Endovascular raises £1.5m from Spark Impact
Medical devices company Cerus Endovascular has completed a ТЃ1.5m funding round led by the North West Fund for Biomedical.
CVC to sell 32.5% stake in bpost IPO
CVC Capital Partners plans to sell a stake of up to 32.5% in the IPO of bpost at a price of €14.5 per share.
BC brings in the banks for Foxtons float
BC Partners has hired Credit Suisse, Numis Securities and Canaccord Genuity to handle the flotation of London estate agency Foxtons.
Cinven to reap 7x from Partnership IPO
Cinven-backed Partnership Assurance Group (PAG) has listed on the London Stock Exchange, in an IPO valuing the business at ТЃ1.54bn.
Vermeer Capital buys RLD from Sagard
Vermeer Capital has acquired a majority stake in RLD, a French business specialising in the rental and laundering of workwear, from fellow GP Sagard.
SEP leads £1.2m investment in SocialBro
Scottish Equity Partners has led a ТЃ1.2m funding round for SocialBro, a Twitter analytics tool for businesses.
Montagu sells Hansen Protection to IK
Montagu Private Equity has agreed to sell Norwegian protective clothing company Hansen Protection to IK Investment Partners.
Shopmium raises further €4.3m from VC backers
Ventech, Isai and Accel Partners have invested €4.3m in a series-B funding round for French mobile marketing software developer Shopmium.
GCP in £6m Fishawack bolt-on
Fishawack, a medical communications agency backed by Growth Capital Partners (GCP), has acquired Switzerland-based Archimed Medical Communications for ТЃ6m.
Pirelli chairman strengthens grip on company with Clessidra backing
Italian GP Clessidra has joined forces with Intesa Sanpaolo and Unicredit to back Marco Tronchetti Provera, chairman of tyremaker Pirelli, in the acquisition of further shares in the company.
Ixo and Omnes invest €6.25m in AT Internet
Omnes Capital has joined Ixo Private Equity in a €6.25m funding round for French web analytics business AT Internet.
Alven et al. inject €3.1m into Gemmyo
Alven Capital has led a €3.1m funding round for French online jewellery store Gemmyo alongside existing angel investors.
Netatmo raises €4.5m from Iris and FSN PME
Parisian consumer electronics company Netatmo has raised €4.5m from Iris Capital, FSN PME and angel investor Pascal Cagni.
LDC backs Rimor MBO
LDC has supported the management buyout of subsea oil and gas manufacturing and engineering services firm Rimor.