Deals
Omnes-backed SVP acquires FYM Conseil
French support services provider Groupe SVP, a portfolio company of Omnes Capital, has bought training agency FYM Conseil.
Cinven acquires Pronet Güvenlik from Turkven
Cinven Partners has acquired Turkish alarm systems provider Pronet Güvenlik in a secondary buyout from Turkven Private Equity and other institutional shareholders.
Inflexion backs MBO of CTC Aviation
Inflexion Private Equity has backed the management team of British aviation training services company CTC Aviation in acquiring the business.
Cinven buys Prezioso from Indigo
Cinven has acquired industrial services company Prezioso Technilor in a secondary buyout from Indigo Capital.
Industrifonden et al. invest SEK 70m in Bonesupport
Industrifonden, Healthcap and Lundbeckfond Ventures have led a second funding round worth SEK 70m for Swedish medical equipment company Bonesupport.
Blackstone exits Klöckner Pentaplast
Blackstone has sold its majority stake in German thermoform packaging company Klöckner Pentaplast to Strategic Value Partners.
FW Capital backs UTS Group
FW Capital has made a £700,000 mezzanine investment in pipeline repair company UTS Group.
3i exits Finnish outdoor brand Halti Oy
3i has sold its 49% equity stake in Finnish outdoor equipment company Halti Oy to Ingman Group.
AXA PE-backed DIANA acquires US bolt-on
AXA Private Equity-backed nutrition specialist DIANA has acquired US-based Pacific Pure Aid as part of its international growth strategy.
Innogest Capital invests $5m in Beintoo
Italian venture capital firm Innogest Capital has invested $5m in a series-A round for Beintoo, a mobile commerce and social platform for mobile app users.
AG Insurance buys into Gimv fund in €65m secondaries deal
AG Insurance has acquired part of the commitment of Vlaamse Participatiemaatschappij (VPM) in the Gimv-XL fund – a deal worth €65m.
Equistone grabs Fircroft stake in £140m deal
Equistone Partners Europe has bought a "significant" stake in UK-based recruitment solutions provider Fircroft, in a deal that values the business at £140m.
Canaan leads $12m round for onefinestay
Canaan Partners has led a $12m series-B funding round for London-based accommodation manager onefinestay.
Industrifonden leads €11m round in Nuevolution
Industrifonden and existing investors have provided Danish biotech company Nuevolution with a DKK 80.5m (€11m) round of funding.
Intel leads €20m round in FlatFrog
Intel Capital has led a €20m funding round in Swedish touch screen pioneer FlatFrog Laboratories backed by existing investors Invus and Sunstone Capital.
Doughty raises $1.1bn from Norit sale
Doughty Hanson has sold activated carbon specialist Norit to US trade player Cabot Corporation for $1.1bn.
Intel Capital et al. back KupiVIP
Intel Capital has led a $38m funding round for Russian e-commerce fashion retailer KupiVIP Holding.
Vector wins Technicolor battle
US private equity house Vector Capital has seen its offer for a minority stake in troubled French digital video specialist Technicolor accepted by the company's shareholder - pipping JP Morgan to the post.
FSI Régions backs Raynier Marchetti
FSI Régions has invested €1m in French corporate catering company Raynier Marchetti.
Eden Ventures et al. exit WE7 to Tesco
Eden Ventures has sold its minority stake in Peter Gabriel’s digital music platform WE7 to retailer Tesco.
Climate Change Capital et al. in €12m PPC series-B
Climate Change Capital (CCC) has invested alongside strategic investors Siemens Financial Services Venture Capital and British Gas in a €12m series-B round for German smart grid company Power Plus Communications (PPC).
Trade sales on the rise
The partial sale of Alliance Boots to Walgreens by KKR and AXA PE is the latest in a series of exits propping up trade sale figures in 2012. Meanwhile the secondary buyouts trend is showing signs of abating. Greg Gille reports
Spark backs Zilico with £750,000
Spark Ventures has injected £750,000 into Manchester-based cervical cancer diagnostics firm Zilico.
Bridgepoint's LGC receives additional £80m from lenders
Forensics and scientific testing company LGC, owned by Bridgepoint, has raised £80m of additional capital from a consortium of lenders.