Deals
BGF injects £2.5m into Sub10
The Business Growth Fund (BGF) has invested £2.5m in Devon-based Sub10 Systems.
Seraphim backs Aria
Seraphim Capital has led a $4m funding round for UK-based Aria Networks alongside the UK government’s Capital for Enterprise fund.
Merlin valued at £3.2bn in IPO
Blackstone- and CVC-backed Merlin Entertainments has listed on the London Stock Exchange, with shares priced at £3.15 apiece, valuing the business at £3.2bn.
Ardian provides unitranche for Européenne des Desserts buyout
Ardian (formerly Axa Private Equity) has arranged a €70m unitranche facility to finance Equistone's buyout of Européenne des Desserts from Azulis Capital and Céréa Partenaire.
DirectPhotonics raises €3.3m in second venture round
Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft (DEWB), Falk Strascheg Holding and IBB Beteiligungsgesellschaft (IBB) have backed laser solutions provider DirectPhotonics Industries with €3.3m.
Bencis to take Xeikon private
Bencis Capital Partners has made a mandatory public offer to acquire all issued shares of Xeikon for €5.85 per share, giving the company an enterprise value of €168m.
Via Venture Partners in Procom MBO
Via Venture Partners has invested in Danish wireless communication business Procom alongside the company's management.
Penta’s GRP receives £55m
Global Risk Partners (GRP), backed by Penta Capital, has received £55m in funding to launch as a London market consolidator.
HTGF et al. invest in m2p-labs
High-Tech-Gründerfonds (HTGF) and Fidura Private Equity Fonds have backed m2p-labs, a German manufacturer of measuring solutions for the biotech sector.
Italian-German start-up Wise raises €1m
High-Tech Gründerfonds (HTGF), Atlante Seed, b-to-v Partners and Agite have backed medical devices company Wiringless Implantable Stretchable Electronics (Wise) in a €1m seed round.
Babson Capital provides mezz for Teachers’ Busy Bees
Babson Capital Europe has provided a mezzanine facility to support the £220m acquisition of UK nursery chain Busy Bees by Teachers’ Private Capital last week.
CGS Management sells Schöttli to Husky
CGS has sold injection mould maker Schöttli to injection moulding equipment manufacturer Husky Injection Molding System.
Vallis joins Inter-Risco in 32 Senses
Vallis Capital Partners has provided expansion capital to Portuguese dental business 32 Senses.
bmp media investors et al. back komoot
bmp media investors has led a seven-digit investment into outdoor activity app komoot.
HTGF et al. back HiperScan with €450,000
High-Tech Gründerfonds (HTGF), HCS Beteiligungsgesellschaft and the Technologiegründerfonds Sachsen have backed near-infrared spectroscopy (NIR) developer HiperScan with €450,000.
AEA Investors buys Siemens' water technology division
AEA Investors has acquired the Siemens subsidiary Business Unit Siemens Water Technologies (BUSWT) for €640m.
Prostor et al. back AdMoment
Prostor Capital and e.ventures have injected $3m into AdMoment, a Russian developer of a real-time bidding platform for mobile advertising.
Union Square invests $2m in Zemanta
Union Square Ventures has backed Slovenia-based Zemanta with a $2m investment alongside angel investment fund Social Starts.
Permira picks up 3i’s Bestinvest
Listed-firm 3i has sold UK wealth manager Bestinvest to Permira.
Warsaw-listed Budimex Danwood sold to Enterprise Investors for €57m
Enterprise Investors has wholly acquired Polish timber-frame home builder Danwood.
Ardian backs CLS Group with €30m
Ardian, formerly Axa Private Equity, has invested €30m in CLS Group, a satellite-based environmental data provider.
Sovereign’s Eden acquires Essential Futures
UK buy-and-build specialist Sovereign Capital has backed the acquisition of Essential Futures by portfolio company Eden.
PMV backs arGEN-X
PMV has invested €5m in arGEN-X, a Dutch and Belgian biotechnology firm, in an extension of the company’s 2011 series-B round, which now totals €32.5m.
Private equity may bite into MPM pet foods
UK pet food firm MPM Products has hired PwC to explore funding options for the business.