Deals
LDC acquires Metronet from YFM
LDC has completed the management buyout of UK-based internet service provider Metronet from YFM Equity Partners and Acceleris.
Holtzbrinck Ventures and HTGF invest in Paul Secret
Holtzbrinck Ventures and High-Tech Gründerfonds (HTGF) have invested in Berlin-based start-up Paul Secret, a fashion adviser and retailer for men.
UFG et al. acquire KDL Test
UFG Private Equity, CapMan Russia and the European Bank of Reconstruction and Development (EBRD) have acquired Russian medical diagnostics company KDL Test.
Balderton dumps Sulake after documentary exposé
Balderton has dumped its stake in Finnish social networking company Sulake following a damning Channel 4 investigation into the firm.
Wellington Partners et al. invest in Readmill
Wellington Partners has joined previous investors Passion Capital and Index Ventures in a series-A funding round for German social reading platform Readmill.
Balderton Capital et al. in $16m round for Openet
Balderton Capital, Cross Atlantic and Kreos Capital have committed capital to a $16m series-D financing round for Irish management software provider Openet.
H2-backed Smartwares buys Hanesbrands Europe
Consumer essentials retailer Smartwares, a portfolio company of H2 Equity Partners, has wholly acquired Hanesbrands Europe as part of its buy-and-build strategy.
Apax leads $1bn Paradigm buyout
Apax Partners and JMI Equity have agreed to acquire oil & gas software vendor Paradigm from US investment group Fox Paine for around $1bn.
HTGF leads seed round for KeyRocket
High-Tech Gründerfonds (HTGF) has led a seed funding round for keyboard shortcut trainer KeyRocket, the launch product of start-up business Veodin Software.
CapMan Russia exits Tascom to trade player MTS
CapMan has exited Russian telecommunications firm Tascom to local trade player Mobile TeleSystems (MTS).
Private companies rethink pricing
The recession has had little effect on company valuations, but now companies are becoming more realistic about their value, writes John Bakie
Next Wave acquires Molinare
Next Wave Partners has acquired UK post-production firm Molinare TV and Film Ltd.
Conor invests €1m in Omegawave
Conor Venture Partners has invested €1m in Finnish sports training equipment provider Omegawave.
Market volatility threatens Evonik IPO
The RAG Foundation, which owns a majority stake in CVC-backed German chemicals maker Evonik, could cancel the company's IPO in light of the current market environment.
OMERS PE acquires Lifeways from August Equity
The private equity branch of Canadian pension fund OMERS has acquired British healthcare services provider Lifeways from August Equity.
FSI Régions backs Solareo with €3m
FSI Régions has injected €3m into solar energy consultancy Solareo in exchange for a minority stake.
Trade winds blowing
Trade winds blowing
Minerva buys Genoclinics Biotech
Spanish venture capital firm Minerva Capital has acquired a 60% stake in genetic and genomic biotechnology company Genoclinics Biotech.
VCs exit Esterel in €42m trade sale
CDC Innovation, Galileo Partners and Intel Capital have exited French software company Esterel in a €42m trade sale to US-based Ansys.
VC-backed Meninvest raises €5.6m
Orkos Capital, 123Venture and Partech International have provided French e-commerce group Meninvest with a €5.6m funding round.
Sherpa acquires Dédalo division
Sherpa Capital has wholly acquired Dédalo Grupo Gráfico, the commercial printing division of Dédalo, from Spanish private equity house Ibersuizas and media conglomerate Grupo Prisa.
DN hits seventh exit in two years with Apsmart sale
DN Capital has exited UK mobile innovation company Apsmart in a trade sale to Thomson Reuters.
Seventure leads $4.7m series-C round in ProTip
Seventure and existing investors have injected $4.7m in French medical devices company ProTip.
CDC Entreprises et al. in €6.3m round for Link Care Services
CDC Entreprises, Siparex and iSource have provided French healthcare services provider Link Care Services (LCS) with a €6.3m funding round.