Deals
Lion's £1.2bn partial sale of Weetabix completes
Bright Food's purchase of a 60% stake in Weetabix from Lion Capital is the largest overseas transaction ever by a Chinese company in the food and beverage sector.
Ambienta buys Tattile
Italian environmental investor Ambienta has acquired a 70% stake in machine vision and automation solutions firm Tattile.
Investcorp buys Georg Jensen for $140m
Investcorp has agreed to buy Danish luxury jewellery and silverware manufacturer Georg Jensen for $140m from Axcel Capital Partners.
SEP exits IndigoVision
Scottish Equity Partners (SEP) has sold its stake in Scottish video security business IndigoVision, following a number of unsuccessful MBO attempts.
LDC backs Keoghs
LDC has invested in Keoghs, a UK legal services provider recently approved as an Alternative Business Structure.
Duke Street's Marlin secures £80m senior credit line
Duke Street's UK portfolio company Marlin has secured an £80m revolving credit facility from RBS and Investec.
Waterland buys SENIOcare from Akina
Waterland has bought Swiss long-term care group SENIOcare in an SBO from Akina.
Neo Capital exits Alain Mikli in trade sale
UK-based GP Neo Capital has sold French eyewear brand Alain Mikli International (AMI) to listed Italian trade buyer Luxottica Group.
GTCR acquires Premium Credit
Chicago-based GTCR has acquired UK payment facilitation company Premium Credit from MBNA Europe for £900m.
SBOs back with a vengeance in Q3
Secondary buyouts (SBOs) climbed back to prominence in the third quarter of 2012. The number of such deals rose from 28 to 34 compared to Q2, making it the only buyout segment to record an increase in an otherwise faltering market.
Spark backs Zilico with additional £750,000
Spark Impact has injected a further £750,000 into cancer diagnostics company Zilico Ltd.
Horizon invests $40m in bank TCS
Horizon Capital has invested $40m in Russian online bank Tinkoff Credit Systems Bank (TCS).
DACH leads quiet Europe in Q3
DACH on top
Inveready in €3m round for Althia
Spanish VC Inveready has contributed to a €3m funding round for Althia, a biomedical firm based in Madrid.
Wellington et al. in seed round for HowDo
Wellington Partners has led a seed investment round in Sweden-based HowDo, a knowledge-based social platform.
Advent readies for EKO take-private
Advent International has secured subscriptions for a total of 97.98% of shares in Polish supermarket chain EKO Holding Group, following the acquisition of a controlling stake in the company last month.
Warburg's Premier Foods offloads condiments business
Premier Foods, a UK-based food products group, has sold its sweet pickle and table sauces division - including the Branston pickle brand - to the Mizkan Group for £92.5m.
HTGF et al. in second round for ConWeaver
High-Tech Gründerfonds (HTGF), Fraunhofer Venture and Schefter Capital have invested in a second funding round for Darmstadt-based software provider ConWeaver.
AXA PE provides additional €100m to Ceva
AXA Private Equity has injected a further €100m into portfolio company Ceva Santé Animale, a veterinary health company.
Rutland backs Buy As You View MBO with £33.1m
Rutland Partners has invested £33.1m in British retail and consumer finance business Buy As You View (BAYV), supporting its MBO from a bank syndicate.
Pinova invests in fabfab
Pinova Capital has invested growth capital in German online fabrics retailer fabfab.
XAnge invests in Tag Commander
XAnge Private Equity and three business angels have invested €1.5m in French digital marketing company Tag Commander.
MMC leads $8m financing round for iJento
MMC Ventures, Nauta Capital and Oxford Capital Partners have invested $8m in multinational web analytics company iJento.
Capvis and HgCapital partially exit KVT
Capvis and HgCapital have sold KVT Verbindungstechnik, a division of their Swiss portfolio company KVT Koenig Group (KVT), to trade player Bossard Group for CHF 200m.