Deals
Project A Ventures backs Tictail
Project A Ventures has invested €600,000 in Stockholm-based e-commerce start-up Tictail.
Sequoia et al. in $19m round for 6Wunderkinder
Sequoia Capital, Earlybird and Atomico have backed 6Wunderkinder in a $19m series-B financing round, in what marks US-based Sequoia’s first investment in Germany.
BPE sells Domilens to Odewald’s Polytech
BPE Unternehmensbeteiligungen has sold medical devices manufacturer Domilens to fellow private equity house Odewald & Compagnie’s Polytech Gruppe, a medical equipment supplier.
NorthEdge invests £25.5m in Fine Industries
NorthEdge Capital has invested £25.5m in Teesside-based Fine Industries, a manufacturer of fine chemicals.
Elaia and Isai back tinyclues
Elaia Partners and Isai have backed French software company tinyclues with a €1.4m investment alongside several business angels.
HTGF backs seed round for Glamourrent
High-Tech Gründerfonds (HTGF) has invested in a seed financing round for designer clothes rental platform Glamourrent.
FTV acquires stake in World First
FTV Capital has acquired a significant minority stake in London-based foreign exchange business World First.
Beringea divests Espresso Group
Beringea has sold Espresso Group, a UK publisher of educational digital content, to US media company Discovery Communications for an estimated £15-20m.
Permira's Just Retirement valued at £1.1bn in IPO
Permira-backed Just Retirement has begun trading on the London Stock Exchange at £2.25 per share, giving the business a market cap of £1.125bn.
Adelis closes fund and acquires Logent
Adelis has agreed to acquire Logent, a Nordic logistics services provider, alongside the company’s existing management shortly after closing its maiden fund on €420m.
ECI sparks Harvard Engineering deal
ECI Partners has acquired a minority stake in Harvard Engineering, a developer of control systems for the lighting industry.
Mobeus and Connection toast Virgin Wines deal
Mobeus Equity Partners and Connection Capital have invested a combined £15.9m of debt and equity to support the management buyout of Virgin Wines.
DFJ Esprit’s Oxford Immunotec to float
Oxford Immunotec Global, a UK-based medical diagnostics company, has filed with the US Security and Exchange Commission (SEC) for an IPO on the Nasdaq that would value the company at up to $245.4m.
Graphite sells Park Holidays to Caledonia for £172m
Graphite Capital has sold caravan park operator Park Holidays UK to listed trust Caledonia Investments for £172m.
Octopus leads £700,000 seed round for UniPlaces
Octopus Investments has backed student accommodation booking platform UniPlaces in a £700,000 seed funding round.
Segulah’s CCS Healthcare acquires Propyless
Segulah portfolio company CCS Healthcare has agreed to acquire pharmaceutical skin care brand Propyless from Merck Sharp & Dohme.
Bridges backs budget hotel Qbic
Bridges Ventures has backed budget boutique hotel Qbic London City Hotel via its Bridges Sustainable Growth Fund III.
Moncler divests sportswear business to Emerisque
PE-backed Moncler has sold Industries Sportswear Company to Emerisque Brands UK's Cavaliere Brands.
KKR to reap up to €564m in Tarkett IPO
French flooring and sports surface maker Tarkett, backed by KKR, has set an indicative price range of €27.75-33.90 for its upcoming IPO on the NYSE Euronext Paris.
PE-backed GTS goes to Deutsche Telekom for €546m
Deutsche Telekom has bought GTS Central Europe, a telecommunications company backed by a consortium of private equity firms including Bessemer Venture Partners and Oak Investment Partners, for €546m.
Equistone makes 2.5x on sale of Allied Glass to CBPE
Equistone Partners Europe has sold Allied Glass back to previous owner CBPE Capital in a deal understood to be worth between £120-130m, generating a money multiple in excess of 2.5x.
Gimv leads €8.5m round for Itineris
Gimv and PMV have invested €8.5m in Belgian software company Itineris, alongside the company’s founder and CEO.
Numericable raises €652m in IPO
Cinven- and Carlyle-backed Numericable has made its debut on the NYSE Euronext Paris with a €3bn market cap.
European private equity activity drops to 2005 lows
Findings from the latest unquote” Private Equity Barometer, published in association with SL Capital Partners, reveal a worrying drop in deal volumes, falling to the same level as Q4 2005.