Deals
Advent International backs Towergate
Advent International has backed Towergate Partnership Ltd, a financial services provider, with a ТЃ200m investment.
EQT looking to sell Kabel Baden-Würtemberg
EQT Partners, the private equity arm of Sweden's Wallenberg family, is looking to sell German TV, broadband and phone provider Kabel Baden-Würtemberg (KBW).
Kennet sells goviral to AOL
Growth equity investor Kennet Partners has sold branded video specialist goviral to AOL Europe for $96.7m. The sale is the second in three months for the backer, which sold online buying community BuyVIP to Amazon in October.
Duke Street merges EduServices with IPAC
Duke Street-backed EduServices has acquired French post-secondary education provider IPAC for an undisclosed amount.
Exits: Light at the end of the tunnel?
As 2010 saw buyout activity resurge from an exceptionally quiet 2009, the PE-industry was hoping the exit market would also come alive. Last year however proved to be far less favourable for the exit market than many had hoped for. Is this about to change...
Hannover Finanz invests in Paper + Design GmbH
Private equity firm Hannover Finanz Group has acquired a majority stake in Paper + Design GmbH from investor Nord Holding.
SEED Capital et al. invest DKK 5.5m in Trustpilot
SEED Capital and existing shareholders have injected DKK 5.5m in Danish consumer website Trustpilot ApS.
Lundbeckfond Ventures et al. invest €11.4m in Nexstim
A consortium of investors led by Lundbeckfond Ventures has invested тЌ11.4m in Finnish medical equipment company Nexstim.
Conor Venture Partners invests €1m in Sensinode
Conor Venture Partners has backed Finnish IP-based software developer Sensinode Ltd with a тЌ1m investment.
Ventizz sells ersol Thin Film
Ventizz Capital Partners has sold 49.9% of ersol Thin Film GmbH to Robert Bosch GmbH. The company was renamed Bosch Solar Thin Film GmbH following the deal.
Cognetas set to sell three German firms
Cognetas is said to be considering the sale of several portfolio companies. The companies are auto supplier KSM Castings, garden pond equipment producer Oase and advertising agency Commarco.
Equitrust sells telerob for €78m
Equitrust AG has sold its majority stake in German bomb disposal technology company telerob to UK corporation Cobham.
Riverside invests in Orliman
Global private equity firm The Riverside Company has invested in Spanish company Orliman, a Valencia-based manufacturer of non-invasive orthopaedic products.
Incitia et al. sell Arctic Silicon for $12m
Incitia Ventures, Proventure and company founders have sold their stakes in Arctic Silicon Devices AS (ASD) to Hittite Microwave Corporation for approximately $12m.
Deal activity down but buyouts surge ahead
Private equity deal activity fell for a second consecutive quarter at the end of 2010 despite widespread optimism over the marketтs outlook, according to figures from the latest unquoteт Private Equity Barometer.
Investindustrial and Palladio-backed Global Games acquires Snai
Investindustrial and Palladio Finanziaria-backed Global Games is poised to acquire 50.68% of Italian company Snai from Snai Servizi at a price of €2.36 per share.
Equita buys Schock
Equita has acquired German sink manufacturer Schock GmbH together with the management from investment company Capital Management Partners (CMP).
One Equity Partners acquires Smartrac
The private equity arm of JPMorgan, One Equity Partners, has acquired 87% of the shares in Netherlands-based Smartrac N.V.
Hannover Finanz backs Biesterfeld Vermögensverwaltung
Hannover Finanz has backed Biesterfeld Vermögensverwaltung in the form of a silent partnership.
Polish telco on the block for €4bn
A bloated price may mean this telco is headed for the stock exchange
Permira and AXA to make €500m bid for Opodo
Permira and AXA Private Equity are set to make a €500m joint bid tomorrow for Opodo, the online travel unit of Amadeus IT Holding.
Axcel sells EskoArtwork for €350m
Axcel has sold its stake in Belgian company EskoArtwork to US-based Danaher Corporation for €350m.
Blackstone and BC Partners show interest in Jack Wolfskin
Blackstone Group and BC Partners have both expressed an interest in German outdoor clothing and equipment producer Jack Wolfskin, according to reports.
Change buys Rossopomodoro from Quadrivio
Change Capital Partners has acquired a majority stake in Vesevo, owner of casual dining restaurant chain Rossopomodoro, from Italian mid-market specialist Quadrivio.