Deals
BGF inks £3.2m Cass Art deal
The Business Growth Fund (BGF) has invested £3.2m in arts material retailer Cass Art in exchange for a minority stake.
VTB’s Tele2 Russia and Rostelecom merge mobile assets
VTB Capital-backed Tele2 Russia Holding is merging its mobile assets with the mobile division of Moscow Exchange-listed telecommunications company Rostelecom.
Accent's Candyking cancels IPO
Accent Equity Partners’ Candyking has cancelled its planned IPO following Wednesday’s profit warning.
PE-backed PortAventura issues €420m bond
Spanish amusement park and tourist resort PortAventura, backed by Investindustrial and KKR, has issued a €420m senior secured high-yield bond.
Saints Capital buys Star Ventures' portfolio
Secondaries investor Saints Capital has bought 20 separate assets from Germany- and Israel-based venture capital firm Star Ventures.
LDC and PostNL in TNT Post joint venture
LDC has teamed up with PostNL to support the rollout of TNT Post UK’s end-to-end (E2E) postal delivery service.
IBB backs Surprise Internet
IBB Beteiligungsgesellschaft has backed toy delivery company Surprise Internet with a six-digit capital injection.
CapMan Russia exits Russian Baltic Pork Invest
CapMan has sold its holding in pig farm operator Russian Baltic Pork Invest (RBPI) to Thailand-based Charoen Pokphand Foods.
Atlantic Capital et al. back Miflora
Atlantic Capital Partners, Heilemann Ventures and HR Alpha Ventures have backed flower delivery business Miflora in a seven-digit funding round.
GP focus: Palamon Capital Partners
Palamon in focus
Almaz leads $6m round for Nival
Almaz Capital has led a $6m series-A funding round for Nival, a Russian game developer, alongside the company’s previous investors.
Gimv partially exits Punch Powertrain
Gimv has divested 30% of its stake in Punch Powertrain, a Belgian manufacturer of auto parts, to Chinese private equity house New Horizon Capital.
Estimote raises $3.1m
Poland- and US-based Bluetooth hardware company Estimote has raised $3.1m from a syndicate of venture capital firms, trade players and hedge funds.
Axcel acquires Silkeborg Data from Jyske Bank
Danish GP Axcel has agreed to acquire IT company Silkeborg Data, which specialises in IT-based payroll and HR systems, from Jyske Bank.
Gilde sells Hofmann to Partners Group
Gilde Buy Out Partners has sold German catering company Hofmann Menü Manufaktur to Partners Group alongside Hofmann's management.
Equistone and LDC back MDNX deal
Hosting provider MDNX has acquired Easynet with backing from Equistone Partners Europe and LDC, providing an exit for Kelso Place Asset Management.
CGS-backed Top-Werk acquires Hess Group
Top-Werk, an industrial machinery business backed by Swiss private equity firm CGS Management, has bought Hess Group.
Rosslyn Analytics secures £2.1m investment
Cloud-based data management and analytics business Rosslyn Analytics has received £2.1m from existing and new investors.
Forbion et al. back Ario Pharma
Forbion Capital Partners, Seroba Kernel Life Sciences and New Science Ventures (NSV) have injected £1.9m into UK biotech Ario Pharma.
Moncler to trade at top end of price range
Italian luxury jacket maker Moncler, backed by Eurazeo, Carlyle and Progressio Investimenti, is to begin trading on Monday at the top end of its price range.
Onex-backed Tomkins eyes IPO
UK-based components manufacturer Tomkins, backed by Onex Corp and the Canada Pension Plan Investment Board (CPPIB) is considering an IPO.
Candyking postpones IPO
Accent Equity Partners' Candyking had planned to start trading on the Stockholm stock exchange on Friday, but has had to postpone due to factory fires and currency issues.
CVC fully exits bpost
CVC Capital Partners has sold the remainder of its shares in Belgian postal service bpost, which listed on the NYSE Euronext Brussels earlier this year, for €580m.
Ratos in NOK 345m SB Seating dividend recap
Ratos has refinanced its portfolio company, SB Seating – an Oslo-based office furniture producer – to the tune of NOK 345m.