Deals
FF&P Private Equity acquires FIT
FF&P Private Equity has backed the buy-in management buyout (BIMBO) of specialist energy efficiency firm Food Industry Technical Ltd (FIT).
Springer Science sale back on
Germany could be home to another mega-buyout this year following news that EQT is in renewed talks with private equity investors over a potential sale of German publishing business Springer Science.
VC-backed Shazam to pursue IPO
Shazam, a London-based mobile music recognition app developer, is to pursue an initial public offering.
Herkules Capital exits Gothia to arvato AG
Herkules Capital has agreed to sell Gothia Financial Group AS to arvato AG, a global business process outsourcing (BPO) provider owned by Bertelsmann.
PAI scoops up R&R Ice Creams
French large-cap specialist PAI partners has struck a deal to buy British ice cream manufacturer R&R Ice Cream from Oaktree Capital for €850m.
Germany: large-cap deals on the rise
CVC’s €3.1bn buy-back of German metering business Ista this month has sparked speculation about a revival of Germany’s large-cap market.
Bridgepoint leads Cote auction
Bridgepoint has emerged as the front-runner in the bidding process for UK-based restaurant chain Cote, which is expected to sell for £100m, according to reports.
Zukunftsfonds Heilbronn, HTGF et al. back Compositence
Zukunftsfonds Heilbronn has become the lead investor in German carbon-fibre components company Compositence following a capital increase round that also included fresh investment from High-Tech Gründerfonds (HTGF) and Mittelständische Beteiligungsgesellschaft...
Better Capital acquires City Link for £1
Turnaround player Better Capital has bought UK courier company City Link Ltd from Rentokil Initial plc through its Becap12 fund for a symbolic £1.
German activity sluggish despite mega-deals
German activity
BGF invests £3.9m in Magmatic
The Business Growth Fund (BGF) has injected £3.9m into Bristol-based children’s travel product manufacturer Magmatic Ltd, which trades under the name Trunki.
Mobeus in ATG Media bolt-on
Mobeus Equity Partners has made an add-on investment of £4.5m in portfolio company ATG Media to finance the acquisition of US-based online auctions site BidSpotter Inc.
Fortis PE and Next Invest sell Arets to Toyo Ink for €10m
Fortis Private Equity and asset manager Next Invest have sold their joint 100% stake in Belgian ink manufacturer Arets International to Japanese ink company Toyo Ink Group for €10m.
Cinven and Warburg Pincus in final exit from Ziggo
Cinven and Warburg Pincus have reaped €3.4bn on their full exit from Ziggo, the Dutch cable operator that the firms took public on NYSE Euronext in Amsterdam last year.
Intel buys Aepona from Amadeus et al.
Aepona, a cloud-based telecom network solutions company backed by several venture investors, has been sold to Intel.
Ace Management buys Auvergne Aéronautique group
Ace Management has wholly acquired Slicom Aéronautique, Auvergne Aéronautique Slicom and Casablanca Aéronautique from Slicom International, with a view to turn the businesses around.
VC-backed GetYourGuide acquires Gidsy
GetYourGuide, a portfolio company of Profounders Capital, Spark Capital and Highland Capital Partners Europe, has acquired Berlin-based Gidsy, a peer-to-peer platform backed by Sunstone Capital, Index Ventures and private investors.
DBAG invests in Inexio
Deutsche Beteiligungs AG (DBAG) has invested €10.6m of growth capital in German broadband connections provider Inexio Informationstechnologie und Telekommunikation KGaA.
UK government considers private equity route for Royal Mail
CVC, Carlyle and KKR are among the firms that have been approached by government advisers regarding a potential buyout of Royal Mail, according to media reports.
Inveready enjoys 50% IRR on 3Scale partial exit
Spanish investor Inveready has partially exited 3Scale, a technology solutions provider, following a $4.2m capital injection into the firm from US investors.
H2 Equity Partners sells Sator to LKQ
H2 Equity Partners has sold Dutch portfolio company Sator Holding to UK-based auto parts distributor Euro Car Parts for £176m.
Eurazeo cashes in on early Danone exit
French listed private equity player Eurazeo will part ways with dairy products giant Danone as €700m's worth of exchangeable Danone bonds, issued in 2009, are set to be converted to equity.
Yellow&Blue et al. back Romo Wind
Yellow&Blue Investment Management, ABB Technology Ventures and b-to-v Partners have invested €4.8m in Swiss wind farm optimisation company Romo Wind, alongside the business's founders.
Nauta leads €1.6m round for Marfeel
Nauta Capital has led a €1.6m round for Marfeel, a solutions provider to the web publishing industry.