Deals
Buyout activity slumps in Q4
While the dip in European buyout activity was not as sharp as expected in the third quarter, dealflow has since then slowed down considerably – leaving little hope for an uptick on 2010’s year-end figures. Greg Gille reports
NiXEN buys Babeau Seguin from Siparex et al.
NiXEN has acquired a majority stake of slightly more than 50% in French home construction group Babeau Seguin from a consortium of private equity shareholders.
Cathay Capital backs Minafin
French-Chinese investor Cathay Capital has taken a minority stake in French chemicals manufacturer Minafin.
Stirling Square invests in Omni Helicopters
Stirling Square Capital Partners has backed transportation service provider Omni Helicopters' expansion plans with a €40m investment.
Oakley Capital acquires intergenia
Oakley Capital Private Equity has taken a 51% stake in German web hosting company intergenia.
Atomico and Creandum in $5.5m series-A for Wrapp
Atomico has led a $5.5m round for electronic gift voucher service Wrapp.
Ratos-backed Contex divests two subsidiaries
Ratos portfolio company Contex Group has divested two subsidiaries to NYSE-listed trade player 3D Systems.
Gilde writes down Novasep investment
Gilde is reportedly set to relinquish its 46% stake in France-based Novasep as the company is taken over by lenders, only recouping €9m on the exit.
Providence acquires Instituto Maragoni
Providence Equity Partners has acquired Italian fashion school Instituto Maragoni from Career Education Corporation for an undisclosed amount.
Balderton leads $17m funding for Housetrip
Balderton Capital has led a $17m series-B financing round in holiday accommodation website Housetrip.
PE-backed Tomkins to sell tyre business
Axa and Onex-backed Tomkins is thought to be arranging the sale of its tyre technology division.
CVC makes bid for Phoenix
CVC is thought to have made a bid for UK life assurer Phoenix Group, in a deal that could be worth over £800m.
KKR takes minority stake in Saba Infraestructuras
KKR has taken a 12.5% stake in Spanish car park and logistics park management company Saba Infraestructuras.
PAI reaps further €232m in Chr Hansen sale
PAI Partners has sold a further 15 million shares in listed Danish food ingredients company Chr Hansen, raising DKK 1.73bn (c€232.5m).
Alven injects CHF 2.5m into Koala.ch
Alven Capital has invested CHF 2.5m in Swiss online shoes retailer Koala.ch.
Forbion leads $26.5m round in Oxyrane
Forbion Capital has led a $26.5m series-D funding round for biopharmaceutical producer Oxyrane.
EdRCP makes first add-on to Béaba
French baby care products business Béaba, a portfolio company of Edmond de Rothschild Capital Partners (EdRCP), has acquired Red Castle.
Bayern Kapital, HTGF and BayBG back commercetools
Bayern Kapital, High-Tech Gründerfonds and BayBG have invested less than €10m in cloud-based software commercetools.
Phoenix-backed edif group acquires NDE
Phoenix Equity Partners has injected £12m to complete the acquisition of NDE Global Technical Services for its portfolio company edif group.
Zouk invests in insulation technology business
Zouk Capital has invested in German insulation technology company va-Q-tec.
Zouk invests in alternative fuel provider
Zouk Capital has invested in German alternative fuel provider FFK.
Nordic Capital exits Point Group
Nordic Capital has exited electronic payments company Point Group to NYSE-listed VeriFone.
Litorina backs Sveba-Dahlén Group MBO
Litorina has taken a majority stake in Swedish bakery equipment manufacturer Sveba-Dahlén Group.
Permira sells Hugo Boss shares
Permira has announced the sale of 4.5 million shares in high-end fashion retailer Hugo Boss to institutional shareholders through an accelerated book building.