Deals
AXA PE's Synerlab makes two acquisitions
Synerlab, a French pharmaceutical manufacturing firm backed by AXA Private Equity, has acquired Lyofal and IDD-Tech Orléans.
Fjord Capital's BioGasol secures €5m equity funding
Danish alternative fuel provider BioGasol ApS has secured тЌ5m in equity financing from existing investors including Fjord Capital Partners, alongside a тЌ10m grant from the Danish Energy Agency.
Perusa buys Opcon division for SEK 218m
Perusa has acquired the engine efficiency division of Opcon, a Swedish energy and environmental technology group, for SEK 218m.
Benchmark Capital leads $10m round for Elasticsearch
Benchmark Capital has led a $10m series-A funding round for Amsterdam-based data analytics start-up Elasticsearch.
Quadrivio buys Suba Seeds
Italian buyout house Quadrivio has acquired a 52% stake in Suba Seeds, a distributor and manufacturer of vegetable seeds.
Rutland buys Pizza Hut
Rutland Partners has acquired the UK restaurants business of Pizza Hut UK Ltd from parent company Yum! Brands, making a ТЃ20m equity injection into the firm.
GA-Axel Springer joint venture acquires Immoweb.be
General Atlantic and Axel Springer's joint project Axel Springer Digital Classifieds has acquired Belgian property portal Immoweb.be for €127.5m.
UK lower mid-market resilient in 2012
While activity in the тЌ50-250m segment has failed to improve on 2011 figures on a pan-European level, the UK is proving to be fertile ground for deal-making in an otherwise troubled macroeconomic environment.
EdRIP to make 10x on Vessix sale
Edmond de Rothschild Investment Partners (EdRIP) stands to reap a sizeable 10x return on its original investment in US-based Vessix Vascular, following the $425m sale of the business to trade player Boston Scientific Corp.
NBGI Ventures sells TPV to Bausch + Lomb
NBGI Ventures has sold its portfolio company Technolas Perfect Vision (TPV) to Bausch + Lomb, which has exercised an option acquired in 2011.
Waterland backs creation of Fleetpro
Waterland Private Equity has backed the merger of River Advice and International Shipping Partners by taking a majority stake in newco Fleetpro, a ship management company headquartered in Switzerland.
HTGF et al. back Cysal
High-Tech Gründerfonds (HTGF) and eCapital entrepreneurial Partners AG's vehicle Gründerfonds Münsterland have invested in German biotech business Cysal.
Carlyle gives up on Chemring
Carlyle has decided against bidding for British listed military supplier Chemring, following two deadline extensions.
Alcuin buys TileCo Group from Graphite
Alcuin Capital Partners has backed the management buyout of TileCo Group, a UK-based supplier of tile, mosaic and stone products, from Graphite Capital.
Almi Invest et al. back PromoBucket spin-off
Almi Invest and 1:a VУЄstmanlandsfonden have backed the spin-off of Swedish software-as-a-service (SaaS) provider PromoBucket from advertising agency Navii.
NVM finances CGI International bolt-on
CGI International, a manufacturer of fire resistant glazing backed by NVM Private Equity, has acquired France-based Interver.
Hamilton Bradshaw backs MBO of SF Group
Hamilton Bradshaw Private Equity has provided capital to support the management buyout of financial recruitment firm SF Group.
Innovacom leads €4.2m round for Olea Medical
Innovacom and existing investor EMAL have committed €4.2m to French medical software company Olea Medical.
Kennet leads $15m series-B round for Trademob
Kennet Partners, High-Tech Gründerfonds (HTGF) and Tengelmann Ventures have invested $15m in German mobile applications platform Trademob, according to reports.
Equistone buys Sunrise Medical Mobility from Vestar
Equistone Partners Europe has agreed to buy Sunrise Medical Mobility from Vestar Capital Partners.
FSI Régions et al. back Groupe SAF
FSI Régions, CDC Entreprises, BNP Paribas Développement, Amundi Private Equity, Crédit Agricole des Savoie Capital and Portuguese trade player United Helicopter Service (UHS) have invested in French helicopter rescue business Groupe SAF.
August Equity's SecureData acquires Quadrant
August Equity portfolio company SecureData has completed the bolt-on acquisition of UK online security company Quadrant Networks Ltd.
Supremum leads €2m financing round in Atosho
Supremum Capital has joined existing investors in a тЌ2m financing round for Danish e-commerce business Atosho.
HTGF et al. invest in Synapticon
High-Tech Gründerfonds (HTGF), Seedfonds Baden-Wuerttemberg (SFBW) and private investor Günter Lang have invested €1m in German robotics company Synapticon.