Deals
Alto Partners backs MBI of Virosac
Alto Partners has backed the management buy-in of environmentally-friendly household products company Virosac.
3i-backed Element Materials buys MERL
3i portfolio company Element Materials Technology, a materials testing firm, has acquired Materials Engineering Research Laboratory Limited (MERL).
21 Centrale buys Cleor off Azulis
21 Centrale Partners has taken a majority stake in the management buyout of French jewellery retailer Cleor.
NEA et al invest in Silk series-B
New Enterprise Associates (NEA), Atomico and other investors have backed web-based platform Silk in a $1.6m second financing round.
3i secures refinancing for Element Materials Technology
3i-backed Element Materials Technology has secured a $93.25m refinancing package from its existing banking syndicate and two new banks.
Fondo Italiano backs Megadyne
Fondo Italiano di Investimento has invested €20m in Italian belts and pulleys manufacturer Gruppo Megadyne in exchange for a minority stake.
3i-backed La Sirena completes refinancing
La Sirena, a Spanish frozen foods firm backed by 3i, has completed its refinancing plan.
Intel Capital leads €6.5m series-C for Movea
Intel Capital has led a €6.5m series-C funding round for French technology firm Movea.
3i sells Esmalglass to Investcorp
3i has sold ceramic and enamel producer Esmalglass-Itaca to Investcorp in a deal understood to be worth around €200m.
Endless exits Phoenix Foods to Specialty Powders
Turnaround specialist Endless has sold Phoenix Foods to trade player Specialty Powders in an all-cash transaction.
Fondo Italiano backs Mape
Fondo Italiano di Investimento has completed its twenty-fifth investment with a €10m injection into Italian automotive parts manufacturer Mape.
Maven backs four energy services companies
Maven Capital Partners has invested £5m of mezzanine funding in Scottish SMEs operating in the energy equipment and services sector.
AXA PE acquires frostkrone from Argantis
AXA Private Equity has acquired German frozen finger food producer frostkrone and its subsidiary Bornholter in an SBO from Argantis Private Equity.
LDC backs MBO of Dale Power Solutions
LDC has invested £10.5m to back the management buyout of power solutions provider Dale Power Solutions.
Patience pays off on Ziggo IPO
The unusual IPO story of Ziggo has presented yet another boost to its private equity backers as overwhelming investor demand accelerated yesterday’s share offering from a planned 18 million to 29 million ordinary shares - trading at a premium of 34%....
Foresight rocks out with £3.5m Blackstar investment
Foresight Group has injected £3.5m into UK-based guitar amplifiers manufacturer Blackstar.
LDC-backed Kirona buys Xmbrace
LDC portfolio company Kirona, which develops field force automation software, has acquired scheduling software developer Xmbrace.
HTGF et al in series-B for Customer Alliance
High-Tech Gründerfonds (HTGF), Mountain Super Angel, K5 Ventures and netSTART Venture have invested in a second round for Berlin-based software-as-a-service provider Customer Alliance.
Gimv acquires 25% stake in ARS T&TT
Gimv has invested growth capital in Dutch transportation services provider ARS T&TT in exchange for a 25% equity stake.
Equistone takes majority stake in Vivonio
Equistone Partners Europe has taken a 67% stake in German furniture maker Vivonio Furniture Group, a newco formed by combining Orlando Management-backed MAJA, Staud and SCIAE.
North West Fund backs Dot Medical
The North West Fund for Biomedical, managed by Spark Impact, has invested £550,000 in Dot Medical, which manufactures equipment to treat heart conditions.
Key Capital Partners backs £15m MBO of Nurse Plus
Key Capital Partners has backed the £15m MBO of UK-based healthcare staffing company Nurse Plus.
ISIS invests £5.2m in Pho
ISIS Equity Partners has committed to a £5.2m staged investment in independent UK-based Vietnamese street-food group Pho.
Azulis and Galia inject €15m into Bio-Clinic
Azulis Capital and Galia Gestion have invested a joint €15m in French medical analysis laboratory Bio-Clinic.