Deals
Gap narrows between trade sales and SBOs
Trade sales and SBOs have posted remarkably similar figures in the past six months indicating a narrowing of the historic gap between the two types of exit.
Apax, Blackstone, Permira and Providence fully exit TDC
The sale of TDC shows that not all investments made during the heady days leading up to the crisis were bad eggs.
Endless's Trutex buys John Hall Schoolwear
Endless-backed Trutex has acquired John Hall Schoolwear, a UK school uniform manufacturer.
WHEB Partners backs Hoffmeister Leuchten
WHEB Partners has invested in German low-energy lighting business Hoffmeister Leuchten GmbH.
EVCA map to highlight PE's international role
The European Private Equity & Venture Capital Association (EVCA) has launched a new interactive map to highlight private equity's role in the European economy.
GMT's MeetingZone makes third bolt-on
GMT Communications Partners' portfolio company MeetingZone has acquired Atia Communications as part of its expansion.
Nordic Capital makes 5x on Permobil exit to Investor AB
Nordic Capital Fund V has agreed to sell Permobil,a Swedish rehabilitation power wheelchairs company to Investor AB for €655m.
Clessidra buys Buccellati
Clessidra has bought a 70% stake in Italian jewellery firm Buccellati via the holding company Buccellati Holding Italia.
HTGF et al. in €2.6m Transcatheter Tech series-B round
High-Tech Gründerfonds (HTGF), Tubaflex Beteiligungs GmbH and others have backed a €2.6m series-B round for German biotech business Transcatheter Technologies, a developer of transcatheter heart valve technology.
Connect Ventures invests in Yourgrind
London-based early-stage investor Connect Ventures has backed British start-up Yourgrind, which focuses on the commercialisation of coffee.
Coller names Jones as CEO
Secondaries specialist Coller Capital has named extant deputy CIO Tim Jones as CEO, a new role for the firm. Founder Jeremy Coller becomes executive chairman and will remain CIO.
Benelux spirits lifted as exits rise
Benelux exits
Reed Elsevier leads $10m series-B round for Babbel
Reed Elsevier Ventures has led a $10m funding round for German online learning business Babbel, which also attracted investment from IBB Beteiligungsgesellschaft, Nokia Growth Partners and Kizoo.
Rhône Capital buys bakery businesses for €1.05bn
Rhône Capital has agreed to take private the bakery supplies businesses from listed Dutch food ingredients group CSM for an enterprise value of €1.05bn.
FPI in €10m round for ANF Technology
Russian venture capital investor FPI has contributed to a €10m funding round for UK-based natural sciences and engineering firm ANF Technology.
FSI Régions leads €2m funding round for Utilis
FSI Régions has led a €2m funding round for French temporary shelter manufacturer Utilis, injecting €1.6m into the company.
Enterprise Ventures et al. back Tangentix with $2.1m
Enterprise Ventures has led a $2.1m funding round for UK-based technology business Tangentix.
PE-backed Bauwerk Parkett merges with Boen
Zurmont Madison Private Equity and EGS Beteiligungen's Swiss portfolio company Bauwerk Parkett AG has merged with Norway-based Boen AS to form the Bauwerk Boen Group.
Invesco backs infirst with £25m
Invesco Asset Management has invested £25m in infirst Healthcare, a British healthcare company providing consumer medicines.
LDC's EDM Group buys DIT
LDC-backed information management services provider EDM Group has acquired US-based business Diversified Information Technologies Inc (DIT) with support from LDC.
Ratos et al. acquire Nebula Oy
Ratos, alongside Rite Ventures and the company's management, has agreed to acquire Finnish cloud services provider Nebula Oy for €82.5m.
LDC backs £12m MBO of Validus-IVC
LDC has invested in the £12m MBO of UK-based claims management and counter-fraud software specialist Validus-IVC.
Eurozone shows greater appetite for Turkish delight
Turkish delight
Deutsche Beteiligungs AG acquires Stephan Machinery
Deutsche Beteiligungs AG (DBAG) has acquired German business Stephan Machinery, a manufacturer of food processing machinery, in an MBO valued at €40m.