Deals
Balderton Capital et al. inject €3m into Socowave
Balderton Capital has led a тЌ3m series-A funding round for Irish telecommunications specialist Socowave.
Eden Ventures in five early-stage investments
Eden Ventures has made five new investments in UK early-stage technology companies, with amounts ranging in size from ТЃ100,000 to ТЃ1m.
Viveris et al. back The Bakery with €1.8m
Viveris Management, 123Venture and management have invested €1.8m in software designer The Bakery.
ISAI invests €650,000 in InstantLuxe.com
Internet focused fund ISAI has backed the French online marketplace InstantLuxe.com with €650,000 of funding.
Palamon exits OmniBus via €36.4m trade sale
Palamon Capital Partners has continued its strong run of exits in 2010 with the sale of its broadcast software portfolio company OmniBus Systems Ltd to the listed Canadian firm Miranda Technologies Inc for тЌ36.4m in cash.
H.I.G Capital and Mercapital back Núter in new deal
Two European affiliates of H.I.G. Capital have joined Mercapital to close a new investment in Spanish animal feed and nutrition business Núter.
3i exits Panreac via trade sale
3i has completed the exit of its Spanish chemicals business Panreac via a trade sale to Illinois Tool Works Inc (ITW).
Valbart sale brings first exit for 21 Investimenti II
21 Investimenti, the Franco-Italian mid-market later stage investor, has sold Italian oil and gas engineering firm Valbart to listed US business Flowserve.
Next Wave-backed Future Thinking merges with SPA
Next Wave Partners has backed the merger of its portfolio company Future Thinking (formerly known as TORA) with another market research company SPA.
DN Capital et al. invest €7m in Mister Spex
DN Capital has led a €7m funding round in Mister Spex, a German online retailer of eyewear.
XAnge and CIC back ITL buyout
French investors XAnge and CIC Capital Privé have backed the management buyout of ITL from Initiative & Finance.
Alto Invest backs TXCOM with €1m
French private equity house Alto Invest has injected €1m into logistics information chain specialist TXCOM.
Lion Capital meets lenders for Picard buyout
Lion Capital plans to meet lenders to secure a €675m debt package for the acquisition of Picard Surgelés, according to media reports.
Bridges Ventures exits The Office Group
Bridges Ventures has sold office space provider The Office Group in a ТЃ43.3m management buy-back.
Seventure and CM-CIC invest €4.2m in EffiCity
Seventure and CM-CIC Capital Privé have invested €4.2m in French estate agent EffiCity.
AXA Private Equity backs JIT Solaire with €3m
AXA Private Equity has provided French photovoltaic energy specialist JIT Solaire with €3m of funding.
Private equity funds linked to €4bn Polkomtel sale
Several private equity bidders have been linked to a possible buyout of Polish mobile phone operator Polkomtel.
Altor and Bure backed Carnegie acquires HQ Bank
Altor Equity Partners and Bure Equity-backed investment bank Carnegie has acquired the troubled Swedish bank HQ Bank.
GIMV backs Onedirect MBO
GIMV has invested €15m to back the management buyout of French e-commerce company Onedirect.
Alliance and Investinor provide NOK 16.2m for bMenu
Alliance Venture and Investinor have invested NOK 16.2m in Internet navigation technology provider bMenu.
Dr Kevin Johnson formally joins Index Ventures
Following a six-year association with the venture investor as an advisor, life sciences specialist and entrepreneur Dr Kevin Johnson has joined Index Ventures as a Partner.
Cinven finally scents deal with Spice
Cinven's revised offer of 70p per share for Leeds-based utility support services group Spice is likely to be recommended by the company's management.
Norvestor invests in Apsis
Norvestor Equity has invested in software provider Asis Sweden AB, becoming the largest shareholder.
Siparex and Cogerfi back JST Transformateurs MBO
Siparex and Cogerfi have backed the management buyout of French electric transformers specialist JST Transformateurs (JST) from AIAC.