Deals
Novo and Almi in SEK 25.5m round for Denator
Novo Seeds and Almi Invest have participated in a SEK 25.5m financing round for Swedish biotech company Denator.
August Equity's Active Assistance Group buys Communicare
August Equity's portfolio company Active Assistance has acquired British care service provider Communicare.
Target Partners et al invest in free games
German venture capital firms Target Partners, High-Tech Gründerfonds and Estag Capital AG have invested between €1-10m in a series-A round for GameGenetics.
Mercapital exits Bodegas Lan
Spanish private equity house Mercapital has sold Spanish wine producer Bodegas Lan to Portuguese wine group Sogrape.
CVC exits StarBev in €2.65bn trade sale
CVC Capital Partners has sold CEE-focused brewer StarBev to NYSE-listed Molson Coors Brewing Company for €2.65bn.
NVM backs MBO of Volumatic
NVM Private Equity has injected £6m to back the MBO of Coventry-based cash handling firm Volumatic Limited from hazard detection company Halma plc.
Bowmark Capital sells Data Explorers to Markit
Bowmark Capital has sold securities data provider Data Explorers to financial information provider Markit.
Business Growth Fund backs Mexican street food
The Business Growth Fund has invested £3.25m in Manchester-based Mexican street food chain Barburrito.
RIT sells Agora Oil and Gas for $450m to Cairn Energy
RIT Capital Partners have exited Norwegian oil and gas company Agora for a total of $450m, with £73m in total profits.
PE-backed floats stage a comeback
The Ziggo float – and strong post-float performance – illustrates that PE can still pull off a strong exit on the public markets. Kimberly Romaine talks with Warburg Pincus’ Joe Schull about strategies for floating a business in today’s market.
EQT invests in German online retailer
EQT Expansion Capital II has bought a minority stake in German online retailer Internetstores for €30m.
State-funded FSN PME invests €1m in TalentSoft
FSN PME, the French State's €400m venture fund, has made its second investment by providing €1m to HR solutions software developer TalentSoft.
Europe's IPO comeback
Private equity-backed IPOs have had a rollercoaster ride in Europe over the last five years.
Business Growth Fund: Myth versus reality
The newest kid on the block – made up of lots of the old boys in the industry – is struggling to make friends. People say the Business Growth Fund (BGF) is too big and too threatening. But is the BGF’s reputation warranted? Kimberly Romaine investigates
OpCapita acquires GAME for £1
OpCapita has acquired GAME Group’s UK business for a nominal £1. The turnaround investor has acquired the firm’s 333 remaining stores, and paid a reported £50m for the company's £85m debt, but has not bought any of GAME’s overseas assets.
EQT buys Anticimex from Ratos
EQT has acquired 100% of the Anticimex Group from Ratos in a tertiary buyout.
Idinvest and Entrepreneur Ventures invest in animation house
Idinvest Partners and Entrepreneur Ventures have invested $5m in French animation house Cyber Group Studios.
Accel Partners backs Hailo
Accel Partners has led a $17m series-A funding round for London-based mobile taxi app Hailo.
Orlando buys Paper Systems
Orlando Management AG and Kieran Investment GmbH & Co have acquired the Paper Systems division of Hamburg-based business Körber.
Celtic Therapeutics sets up $50m antibody drug company
Celtic Therapeutics has launched an Antibody-Drug-Conjugate (ADC) business, Switzerland-based ADC Therapeutics, with $50m of capital.
LDC reaps 3.8x money on Eveden Group exit
LDC has sold its stake in lingerie and swimwear business Eveden Group to Japanese listed trade player Wacoal Holding Corporation.
Sofinnova Partners lists DBV
Paris-based Sofinnova Partners has listed DBV Technologies, raising €40.5m in the IPO on NYSE Euronext Paris.
GCP acquires Garrets International
Greenhill Capital Partners has acquired Essex-based marine catering management business Garrets International for a reported £17m.
Nordic Capital in Bladt SBO
Nordic Capital has acquired Danish steel contractor Bladt from Maj Invest and Industri Udvikling.