Deals
Corporate spin-offs still few and far between
Primary transactions tend to be harder to source across the board nowadays, but corporate spin-offs have proved particularly elusive since 2009: while deals sourced from a trade player accounted for nearly a fifth of European buyout dealflow that year,...
Ciclad takes majority stake in Inovelec SBO
Small- and mid-cap focused GP Ciclad has acquired French electronic equipment manufacturer Groupe Inovelec alongside the group's founders and managers.
Industrifonden backs Anyfi Networks
Industrifonden has invested SEK 9m in Swedish Wi-Fi technology developer Anyfi Networks, alongside the current owners' SEK 1m investment.
Synova backs Kinapse
Synova Capital has invested in UK-based consultancy services provider Kinapse.
Stock markets blocking the PIPE
The number of investments by private equity funds in publicly traded shares has fallen significantly in the past two years as the stock market has detached from measures of GDP, according to figures from unquote” data.
Maven reaps 50% IRR on WEMS mezz investment
Maven Capital Partners has exited WEMS International and achieved a 50% IRR on the mezzanine loan it provided two years ago.
AXA PE and Capzanine arrange mezz for Village Center buyout
AXA Private Equity and Capzanine have arranged a €37m mezzanine facility for the buyout of French outdoor accommodation company Village Center by 21 Centrale Partners.
Intel et al. in €10m round for Sigfox
Intel Capital has joined existing investors Elaia Partners, Partech Ventures International and iXO Private Equity in a €10m funding round for French technology company Sigfox.
SAM Private Equity invests $12m in Nujira
British semiconductor business Nujira has secured a $12m financing round from SAM Private Equity.
IK takes over AXA PE's Unipex
IK Investment Partners has acquired a majority stake in French speciality chemicals business Unipex Group from AXA Private Equity.
WHEB and Hermes GPE invest £13m in WEMS
WHEB Partners and Hermes GPE have invested £13m in smart energy company Wireless Energy Management Systems International Ltd (WEMS).
Sovereign's City & County in 10th acquisition
Sovereign Capital-backed City & County Healthcare Group has acquired Conard Care Services, a Northern Irish domiciliary care provider, in its 10th bolt-on since 2009.
SV Life Sciences et al. in $7.6m series-B for Karus
Karus Therapeutics has secured a $7.6m series-B financing round, led by SV Life Sciences, New Leaf Ventures, Novo A/S and International Biotechnology Trust.
BGF's Shuropody marks GP's third Midlands deal
The Business Growth Fund (BGF) has invested £3m in Midlands-based footcare provider Shuropody.
EdRIP backs Groupe DEFI spin-off
Edmond de Rothschild Investment Partners (EdRIP) has taken a minority stake in the management buyout of French advertisement technology specialist Groupe DEFI.
Industrifonden et al. back Actiwave
Industrifonden and SEB Venture Capital have invested SEK 15m in Swedish audio technology developer Actiwave.
LPs getting to grips with the (right) secondary buyout
Secondary buyouts
Metric invests in Dutch hotel developer
Metric Capital Partners has committed €120m to Dutch hotel developer and operator TVGH.
North West Fund backs Connect Technology Group
The North West Fund for Digital & Creative has invested in Burnley-based systems developer Connect Technology Group.
TIME backs Transmedia Communications
TIME Equity Partners has invested €6m in Swiss digital media company Transmedia Communications, which operates the iConcerts brand.
Octopus injects £1.6m into LifeBook
Octopus Investments has provided UK-based autobiographies publisher LifeBook with £1.6m of early-stage funding.
Chasing the primary deal
Firsthand experience
TIME backs Brille24 with €7m
TIME Equity Partners has invested €7m in Brille24, a German online retailer of prescription glasses.
Polaris takes controlling stake in A-TEX
Polaris Private Equity has bought a controlling stake in Danish fashion branding solutions provider A-TEX from the business's founder Bent Fogh Povlsen.