Deals
Primary nets 5x on sale of Napier to Wabtec
Primary Capital has sold British turbochargers manufacturer Napier Turbochargers to US trade player Wabtec Corporation.
The North West Fund backs Loksys
The North West Fund, managed by Enterprise Ventures, has invested ТЃ500,000 in Manchester-based freight containers company Loksys Solutions Ltd.
Abry backs Thomsons Online Benefits
Abry Partners has invested in UK-based employee benefits specialist Thomsons Online Benefits, in a deal that values the firm at ТЃ100m.
PE houses circle Côte Brasserie
Private equity firms including LDC, Bridgepoint and Equistone are due to bid for UK-based restaurants chain CУДte Brasserie next week, according to media reports.
Halder exits Alukon
Halder Beteiligungsberatung has sold Alukon, a German manufacturer of aluminium roller shutters and door systems, to trade buyer Hörmann Group.
HgCapital exits RidgeWind to Blue Energy
HgCapital has sold its 177MW wind portfolio, including the developer RidgeWind, to UK-based renewable energy investor and developer Blue Energy for ТЃ250m.
Summit Partners sells Ogone to Ingenico for €360m
Summit Partners has exited Belgian payment solutions provider Ogone in a €360m trade sale to listed company Ingenico.
Banexi Ventures Partners backs Adyoulike
Banexi Ventures Partners has led a €1.2m series-A round funding for French online advertising start-up Adyoulike.
2013: long on exits, short on new deals
The year ahead will be one of exits and pockets of liquidity in financing markets – but new deals and traditional funding may be weak.
Kernel Capital leads €1.2m funding round for Amartus
Kernal Capital, Enterprise Ireland and other corporate and angel investors have injected тЌ1.2m in Dublin-based technology company Amartus Ltd.
Capiton buys Kautex Maschinenbau from Steadfast
Capiton AG has acquired German manufacturer Kautex Maschinenbau in an SBO from Steadfast Capital valued at €50-100m.
Baxter Ventures invests €2m in Zytoprotec
Baxter Ventures has invested €2m as part of a €4m series-A round for Vienna-based biotech company Zytoprotec.
CVC to lead €1.8bn restructuring of SNS Reaal
CVC Capital Partners will lead a consortium to restructure SNS Reaal, a Dutch insurer and the country's fourth largest bank, according to local press.
Hamilton Portfolio exits Global Expense
Hamilton Portfolio has sold UK-based expenses management firm Global Expense to US trade buyer Concur for ТЃ14m.
Early-stage deals bounce back in Q4
After a slow summer, early-stage investments took off in Q4, according to the latest unquote” Private Equity Barometer, published in association with Arle Capital Partners.
Mangrove et al. in second round for Outfittery
Mangrove Capital Partners, RI Digital Ventures and IBB Beteiligungsgesellschaft have joined Outfittery's existing investors in a seven-figure round for the German online fashion retailer.
Conor Venture Partners et al. back Crystalsol
Conor Venture Partners has led an €8m series-A financing round for Crystalsol, a flexible photovoltaic film company based in Vienna and Tallinn.
Panoramic marks first exit with 120% IRR Solfex sale
Panoramic Growth Equity has sold renewable energy distribution specialist business Solfex Energy Systems to Travis Perkins for more than ТЃ30m, according to a source.
Capital Dynamics and Arx buy Fincentrum
Capital Dynamics and Arx Equity Partners have bought a majority stake in Czech financial advisory services provider Fincentrum for an estimated CZK 750m.
Equistone IV to sign ninth deal
Equistone Partners, which has recently closed its Equistone IV fund on €1.5bn, is set to acquire French food machinery business Groupe Brétèche, according to a filing made with the French competition authority.
HTGF invests in Ledexchange
High-Tech Gründerfonds (HTGF) has invested in Ledexchange, a German manufacturer of LED lighting products.
21 Partners backs Farnese Vini
21 Partners has acquired a majority stake in Italian wine producer Farnese Vini, according to reports in the local press.
Encore Capital exits Pro Bike Kit
Encore Capital has sold online cycling retailer Pro Bike Kit (PBK) to e-commerce firm The Hut Group.
Segulah's S:t Eriks in bolt-on
Segulah portfolio company S:t Eriks AB has wholly acquired stone supplier Stenia i Ulricehamn AB (Stenia).