Deals
HTGF invests in hepatitis drug project
High-Tech Gründerfonds and Russian Government-backed Maxwell Biotech Venture Fund have invested in a joint project to develop a drug aimed at the treatment of chronic hepatitis B and D.
Altor exits SPT Group at 4-5x multiple
Altor Equity Partners has exited Scandpower Petroleum Technology (SPT) Group to NYSE-listed trade player Schlumberger.
YFM and MMC inject £1.5m into KnowledgeMill
YFM Equity Partners and MMC Ventures have co-invested £1.5m in London-based email management platform KnowledgeMill.
venBio leads CHF 37m funding round for Cytos
An international syndicate of investors comprised of venBio, Amgen, Aisling Capital and Abingworth has invested up to CHF 37m in equity and debt in Swiss biotech company Cytos Biotechnology Ltd.
High-Tech Gründerfonds invests in fruux
High-Tech Gründerfonds and netSTART Venture have invested a six-figure sum in German cloud solutions company fruux GmbH.
XAnge PE and Creathor Venture in €2.5m round for Mobiles Republic
XAnge Private Equity and Creathor Venture have invested a joint €2.5m in French mobile apps developer Mobiles Republic.
Gimv leads €5.4m capital increase in NovoPolymers NV
Gimv, Capricorn Cleantech Fund and new investor SFPI-FPIM have joined forces to increase the capital base of cleantech firm NovoPolymers by €5.4m.
Sentica reaps 2.5x on Idesco exit
Sentica Partners has sold Finnish RFID specialist Idesco to Swedish trade player Lagercrantz Group.
Key Capital Partners invests £3.4m in Gear4music.com
Key Capital Partners has acquired a minority stake worth £3.4m in British online retailer Gear4music.com.
Iris leads myThings funding round
Iris Capital has led a $15m investment round for display ad company myThings, together with Accel Partners, Carmel Ventures and T‐Venture.
Buyout recovery stalls at one third peak levels
Europe’s buyout market recovery stalled at just a third of the level seen at its peak, according to data from the unquote” European Buyout Review 2012.
Vista to buy Misys for £1.27bn
Vista Equity Partners has agreed a £1.27bn bid for British banking software provider Misys.
Arle, AlpInvest and GSCP portfolio company Expro divests business
British oil and gas company Expro, held by Arle Capital Partners, AlpInvest Partners, and Goldman Sachs Capital Partners, has divested its Connectors & Measurements business.
Equistone invests in custom travel agency Audley Travel
Equistone Partners Europe has acquired British custom travel agency Audley Travel.
Pinova buys management stake in Clarus Films
Munich based Pinova Capital has announced that it has bought a 65% stake in Clarus Films GmbH from previous managing shareholder Dr Sven Dracker.
Exit volumes surge despite tough conditions
unquote” data shows that exit volumes surged in 2011 as private equity houses sought to satisfy investor demands, but it is uncertain if this trend will continue in 2012. Anneken Tappe reports.
Nauta Capital backs Brandwatch
Nauta Capital has led a €4.6m funding round for Brighton-based social media monitoring service Brandwatch.
Permira sells software specialist NDS to Cisco
Permira has reached an agreement to sell NDS Group Limited to Cisco Systems Inc. for approximately $5bn including $1bn debt.
I2BF leads £1.8m Seren Photonics funding round
I2BF Global Ventures, Fusion IP and IP Group have invested £1.8m in LED tech company Seren Photonics.
WHEB and Bosch lead €5.6m series-C round for Torqeedo
Robert Bosch Venture Capital has joined existing investor WHEB Partners to lead a €5.6m series-C funding round for Starnberg-based manufacturer of electric motors for boats Torqeedo.
Rabo buys specialist products company Kanters
Rabo Private Equity has taken a stake in Dutch nutritional supplement and water hygiene company Kanters.
Arle Capital's Parques Reunidos buys Slagharen
Parques Reunidos, portfolio company of Arle Capital, has acquired Dutch theme park Slagharen.
YFM backs £2m MBI of Selima
YFM Equity Partners has backed the management buy-in of Sheffield-based company Selima Limited in a £2m deal.
ISIS exits TVC to the Economist
ISIS Equity Partners has sold communications agency TVC to the Economist Group.