Deals
ECM sells Kadi to Paragon
ECM Equity Capital Management has sold its majority stake in Kadi AG, a Swiss frozen food manufacturer, to Paragon Partners and the company’s management team.
Maj Invest sells Kelsen Group to Campbell Soup
Maj Invest has sold Danish baked snacks maker Kelsen Group AS to Campbell Soup.
Index injects $11m into XO1 Ltd
Index Ventures has made an $11m capital commitment to XO1 Ltd, a new biotechnology company based in Hertfordshire.
Ekkio Capital backs Compagnie des Vacances
French GP Ekkio Capital, formerly known as Acto Capital, has acquired a 40% stake in online camping sites booking business Compagnie des Vacances.
CVC- and KKR-backed Van Gansewinkel sells AVR subsidiary
Van Gansewinkel Groep, which is backed by CVC and KKR, has sold AVR Afvalverwerking BV (AVR) to the Cheung Kong Group consortium for €940m.
Altor and Bain bid for Ewos
Altor and Bain Capital have submitted an offer to Cermaq ASA to acquire Norwegian fish feeding company Ewos, valuing the business at NOK 6.2bn.
Lime Rock Partners' RTX files for bankruptcy
The board of Lime Rock Partner’s Norwegian portfolio company Reservoir Exploration Technology (RTX) filed a petition for bankruptcy on 13 June.
Point Nine and Heilemann back Scondoo
Berlin-based mobile shopping deals app Scondoo has raised seed funding totalling almost €1m.
Cabiedes & Partners supports Medprivé
Spanish healthcare start-up Medprivé has raised €500,000 from local VC Cabiedes & Partners and business angels.
Cinven buys Ceramtec for €1.5bn
Cinven has acquired Ceramtec, the Germany-based ceramics subsidiary of NYSE-listed chemicals and advanced materials company Rockwood Holdings, for €1.5bn.
Axa PE buys Trescal in €250m SBO
3i stands to double its money in a little less than three years after agreeing to sell French measurement services specialist Trescal to Axa Private Equity for around €250m.
NVM supports CBio MBO
NVM Private Equity has invested £3m in the £4.4m management buyout of environmentally-friendly waste treatment business Cleveland Biotech (CBio).
Henq injects €1.1m into SEOshop series-A
Henq Venture Capital has invested €1.1m in Dutch online store provider SEOshop, marking the completion of the company's series-A funding round.
LDC provides Forest Holidays with follow-on funding
Rural holiday accommodation provider Forest Holidays has opened its eighth site with follow-on funding from LDC.
Altor's Elixia merges with Sats and Fresh Fitness
Altor Equity Partners and TryghedsGruppen have agreed to merge Nordic fitness chains Sats, Elixia, Fresh Fitness, Safe and Metropolis.
EQT and GIC opt for Springer Science IPO
EQT and GIC's plans for a potential trade sale of German media publisher Springer Science to BC Partners have definitely been scrapped as the owners firmly focus on a listing.
Gimv backs €40m investment in Lampiris
Gimv has jointly invested €40m in Belgian green energy supplier Lampiris with the Regional Investment Company of Wallonia (SRIW).
Bridges sells The Gym Group to Phoenix
Bridges Ventures has sold a majority stake in The Gym Group to Phoenix Equity Partners, realising a 3.7x money multiple and a 50% IRR.
Triton Partners seals €1.075bn Befesa deal
Triton Partners has agreed to wholly acquire Spanish industrial waste management firm Befesa for €1.075bn.
Tar Heel backs Rockfin in first investment from Fund II
Tar Heel Capital has acquired a 60% stake in Rockfin, a Polish supplier of hydraulic and pressure systems.
Greylock Partners et al. invest $15m in Wrapp
Greylock Partners, Atomico, Creandum and other backers have invested $15m in a series-B funding round for mobile gifting service Wrapp.
EQT’s Munksjö lists on Nasdaq OMX Helsinki
Shares in EQT-backed speciality paper producer Munksjö have started trading on the Helsinki Stock Exchange.
European Capital exits MTH
European Capital has sold German company Metall Technologie Holding GmbH (MTH) to LOI Thermprocess GmbH, reaping a 1.6x multiple on its original investment.
Ingenious sells Digital Rights to Modern Times for £13.2m
Ingenious Media Active Capital (IMAC), a closed-ended investment company managed by Ingenious Ventures, has sold its stake in Digital Rights Group (DRG) to Swedish broadcaster Modern Times Group (MTG) for £13.2m.