Deals
Ontario Teachers' Pension Plan to buy Burton's Biscuits
Ontario Teachers' Pension Plan has agreed to acquire UK-based Burton's Biscuits, which makes confectionery including Wagon Wheels and Jammie Dodgers, via its private equity arm Teachers' Private Capital.
August buys The Old Deanery Care Village
August Equity has acquired Essex-based care home business The Old Deanery Care Village.
Advent offers €1bn to take Unit4 private
Advent International has put in a €1.17bn offer to take Dutch software company Unit4 private in a deal that would value the whole business at €1.28bn.
Almi Invest injects SEK 3.9m in Silent Order
Almi Invest has backed Silent Order, a Swedish mobile app that allows users to pre-pay for drinks in restaurants and bars.
Terra Firma reaps £234m in Infinis IPO
Terra Firma portfolio company Infinis Energy has listed on the London Stock Exchange in an IPO valuing the business at £780m.
Sun European Partners’ Bonmarché valued at £100m in IPO
Women’s clothing retailer Bonmarché, owned by Sun European Partners, has listed on the AIM with a market cap of £100m.
Steadfast Capital acquires AVS Group
Steadfast Capital has bought a majority stake in traffic safety provider AVS Group from the firm's owner.
Vitruvian backs RL360 carve-out
Vitruvian Partners has backed the management buyout of Royal London 360 (RL360) to allow the subsidiary to split from its parent company Royal London Group (RLG).
Synoste raises €2.8m in seed round
High-Tech Gründerfonds (HTGF), Finnvera, Lifeline Ventures, Tekes and a consortium of business angels have backed medical devices company Synoste with €2.8m.
Buy-Out Central Europe sells Chemson Group
Buy-Out Central Europe has sold Chemson Group, an Austrian producer of polymer additives, to Ordu Yardımlaşma Kurumu Industry Group (OYAK).
Conor Venture Partners et al. back Scoopshot
Conor Venture Partners has taken part in a $3.9m series-A funding round for Scoopshot, a global on-demand photography service.
3i continues focus on disposals
Listed private equity firm 3i is continuing to boost divestment activity, while new investments remain subdued, according to the firm's latest half-yearly results.
Sanitec confirms IPO plans
Sanitec, a Nordic bath and toilet maker owned by EQT, has announced its intention to list on the Stockholm Stock Exchange.
Elaia leads series-A for 1001 Menus
Elaia Partners has led a €1.35m series-A funding round for 1001 Menus, a French start-up catering to the restaurant industry, alongside several angel investors.
German Startups Group and Ventech back TVSmiles
German Startups Group (GSG) has teamed up with Ventech and a consortium of business angels to invest in a series-A financing round for TVSmiles, an interactive advertisement application.
VC-backed uniQure to float
Dutch gene therapy company uniQure, backed by several venture capital firms, has filed a confidential F-1 form with the US Securities and Exchange Commission (SEC) for a potential IPO.
Nokia Growth Partners injects $6m into Mag Interactive
Nokia Growth Partners and an unnamed private investor have invested $6m in Swedish mobile game app Mag Interactive.
SBT Venture Capital et al. back Walkbase
SBT Venture Capital and Olli-Pekka Kallasvuo have provided €3m in series-A funding for Walkbase, a Finland-based marketing optimisation platform.
KKR and Permira to sell 16% stake in ProSiebenSat.1
Private equity houses KKR and Permira have announced the sale of a further 35 million shares in German media company ProSiebenSat.1.
Eurazeo to acquire Montefiore’s Asmodée
Eurazeo has entered exclusive talks to acquire French party games publisher and distributor Asmodée from Montefiore Investment for an enterprise value of €143m.
Omnes Capital backs Camérus MBO
Omnes Capital has acquired furniture rental business Camérus Group in a management buyout.
BlackFin buys HyperAssur and creates Comparadise
Financial services-focused investor BlackFin Capital Partners has acquired online insurance comparison site HyperAssur, as it continues to consolidate the financial aggregator market in France.
EQT scoops up German bakery BackWerk
EQT has bought a majority stake in German bakery chain BackWerk from the company's founders.
Lower mid-cap uptick bolsters valuations
Private equity buyers have been more bullish than their corporate counterparts on pricing in the third quarter, according to the latest Argos Mid-Market Index. Greg Gille reports