Deals
CVC eyes takeover bid for Betfair
CVC Capital Partners has confirmed it is considering bidding for London-listed online betting company Betfair Group plc.
Advent, Bain in £340m WorldPay dividend recap
WorldPay, a card payment services provider acquired by Advent International and Bain Capital in 2010, has secured a £700m refinancing including a dividend recap for the private equity owners, according to reports.
Enterprise reaps 10x on Magellan
CEE investor Enterprise Investors makes 10x on share sale of Magellan, 10 years after backing the business. The returns come just a week after the GP made 9x on Kruk.
XAnge divests RunMyProcess stake in trade sale
XAnge Private Equity has sold its stake in French cloud computing solutions developer RunMyProcess (RMP) to Japanese trade player Fujitsu.
UK Watch: Q1 activity hits five-year low
UK private equity saw its worst quarter since 2009 despite widespread optimism in the market, according to the latest unquote” UK Watch, in association with Corbett Keeling.
Novaliq raises €13.9m from Dievini Hopp
German drug delivery firm Novaliq GmbH has completed a fifth round of funding, raising €13.9m from existing backer Dievini Hopp.
Boehringer Ingelheim invests in Eyevensys
Boehringer Ingelheim Venture Fund (BIVF) has invested in French biotech company Eyevensys, marking the start of a new funding round for the business.
Sofinnova’s Omthera raises €48.8m in IPO
French investor Sofinnova Partners has completed the IPO of US-based portfolio company Omthera Pharmaceuticals on the Nasdaq Global Market in New York, raising €48.8m.
Graphite sells Optimum Care to Terra Firma's Four Seasons
Graphite Capital has sold elderly care provider Optimum Care to Four Seasons Health Care, backed by Terra Firma.
VC-backed SpineGuard to list on Alternext
SpineGuard, a French medical equipment producer backed by several venture capital firms including Omnes Capital, is set to list on NYSE Alternext by the end of April.
Ace Management in €4m round for Ocea
Ace Management has joined existing investor Edmond de Rothcshild Investment Partners (EdRip) in a €4m round for French aluminium boats manufacturer Ocea.
Axa PE sells Aixam Mega to Polaris Industries
Axa Private Equity has exited its majority stake in France-based commercial vehicles manufacturer Aixam Mega in a trade sale to US-based company Polaris Industries Inc.
Creandum et al. back Xeneta
Creandum and Alden AS have led a €1.2m seed round for Xeneta, a Norwegian sea freight crowd-sourcing company.
LDC sells kidsunlimited for £45m
LDC has sold day care nurseries operator kidsunlimited to employer-sponsored childcare provider Bright Horizons for a cash consideration of £45m.
Conor and Northzone back Sticky
Conor Venture Partners and Northzone have completed a $3m funding round for media technology company Sticky.
Demeter and 123Venture back Cooltech Applications
Demeter Partners and 123Venture have joined existing investors in an €8m funding round for French magnetic refrigeration specialist Cooltech Applications.
Demeter et al. inject €7m into Ideol
Demeter Partners, Sofimac and Soridec have provided Ideol, a French developer of foundations for offshore wind farms, with €7m of funding.
Electra Partners buys two more secondaries stakes
Electra Partners has announced the acquisition of two further stakes in private equity funds for an extra £22m investment.
Newfund invests in XOR Motors
Venture capital Newfund has backed XOR Motors, a French manufacturer of electric scooters.
N+1 receives dividend recap payout from Mivisa
Spanish GP N+1 has received €21.8m as part of a dividend recap from canning company Mivisa Group.
Oxford Capital leads $5m funding round for Abiquo
Oxford Capital has led a $5m funding round for Spain- and UK-based software business Abiquo.
Water Street backs CCBR-SYNARC
Water Street Healthcare Partners has invested in Danish clinical services company CCBR-SYNARC.
Elbrus Capital buys minority stake in B2B-Center
Elbrus Capital has acquired a 23% stake in Russian online procurement marketplace B2B-Center.
KKR’s Pets at Home buys Vets4Pets
Pets at Home, a UK-based pet supplies retailer owned by KKR, has acquired Vets4Pets.