Deals
ECI’s Citation acquires Bibby
ECI Partners-backed Citation, an adviser on employment law and health & safety regulations, has acquired Bibby Consulting & Support from Bibby Line Group.
Foresight et al. invest in Biofortuna
A consortium of existing backers has injected £1.3m into Biofortuna, a UK-based molecular diagnostics company, to fund further growth.
St Jude Medical acquires PE-backed Endosense
Medical device company St Jude Medical has wholly acquired Endosense, a medical technology company backed by several private equity firms, for CHF 159m.
Arle looks to cash in on Innovia
Arle Capital Partners has hired Deutsche Bank to manage a sales process for bank note supplier Innovia, which could fetch more than €500m.
BGF invests £2.25m in Abacus e-Media
The Business Growth Fund (BGF) has invested £2.25m in UK content management system provider Abacus e-Media.
German Startups Group et al. back sporTrade
German Startups Group (GSG) has invested in online sport equipment marketplace sporTrade alongside IBB Beteiligungsgesellschaft and private investor Hans-Dieter Lochmann.
Carlyle and N+1 Mercapital divest Arsys
The Carlyle Group and N+1 Mercapital have sold Spanish information and communications technology firm Arsys to 1&1 for around €140m.
Target Partners et al. invest €6m in Falcon
Target Partners has led a €6m funding round for Falcon Social, a Danish firm developing a social media management software-as-a-service (SaaS) platform.
Foodpanda makes Brazilian acquisition
Foodpanda, an online food delivery platform backed by Investment AB Kinnevik and Phenomen Ventures, has acquired Brazilian competitor MegaMenu.
CVC acquires Skrill in €600m SBO
CVC Capital Partners has acquired a majority stake in global payments provider Skrill from Investcorp for €600m, which reaped an 8x return on its investment.
Private equity firms eye Quadriga's AHT
Several private equity firms are said to be bidding for Quadriga Capital's AHT Cooling Systems.
House of Fraser mulls listing
House of Fraser, the department store controlled by West Coast Capital, Lloyds Banking Group and representatives of failed Icelandic banks, is considering a public listing.
Sector focus: Saddling up for food production
Sector focus: Food
Mid Europa's Serbia Broadband attracts private equity interest
Serbia Broadband, the telco firm backed by Mid Europa Partners, has attracted the interest of several private equity players, according to reports.
HgCapital buys e-conomic
HgCapital has acquired e-conomic, a Denmark-based software-as-a-service (SaaS) accounting business for SMEs.
Öresund and Creades exit Klarna shares
Investment Öresund and Creades have sold their shares in Swedish online payment company Klarna Holding for SEK 172m.
Banc Sabadell sells Grafos after 11 years
Spanish banking group Banc Sabadell has divested the stake in graphic products firm Grafos it held via its private equity arm Aurica XXI.
Bregal buys Ideal Stelrad despite RBS backlash
Bregal Capital has acquired boiler and radiator company Ideal Stelrad, despite attempts by RBS to block the £230m deal.
Lyceum buys Isotrak from Saints Chamonix
Lyceum Capital has acquired Isotrak, a provider of vehicle tracking and fleet management software, from Saints Chamonix Private Equity in a secondary buyout.
Countrywide backers in £200m partial sale
Two backers of listed UK estate agent Countrywide, Oaktree Capital Management and Apollo Management, have sold approximately £200m of their shares on the LSE.
Star Capital sells Alloheim to Carlyle for €180m
Star Capital has sold Alloheim Senioren-Residenzen, a provider of residential care for elderly people in Germany, to fellow private equity house Carlyle for €180m.
Lion secures €900m amend-and-extend for HEMA
Lion Capital has completed a €900m amend-and-extend for Dutch retailer HEMA's senior second-lien mezzanine and PIK facilities.
German GPs cautious on venture
Kreditanstalt für Wiederaufbau (KfW) and BVK, the German private equity and venture capital association, have published a survey revealing decreased confidence in early-stage investments from local deal-doers in Q2.
EQT backs Swiss Smile
EQT has invested CHF 44m in a later stage growth funding situation involving Switzerland-based dental chain Swiss Smile.