Deals
Creathor Venture holds first closing
Creathor Venture has announced the first closing of its Creathor Venture Fund III at €51m.
3i buys Etanco off IK
3i has acquired a majority stake in French building fasteners manufacturer Etanco from IK Investment Partners.
Bosch invests in IDENT
Robert Bosch Venture Capital (RBVC) has backed IDENT Technology in a €7.1m round together with existing investors MIG Funds and Danube Equity.
PE-backed MBO for MB Electronique
Avenir Entreprises and CM-CIC Capital Privé have backed the management buyout of French electronic equipment distributor MB Electronique.
Bridgepoint secures Infront Sports & Media buyout
Bridgepoint has wholly acquired Swiss sports marketing agency Infront Sports & Media from private shareholders for approximately €600m.
Private equity 'unlikely to buy 3i's troubled Chorion'
Private equity firms are unlikely to show much appetite for struggling 3i-backed Chorion, the owner of the Mr Men franchise, corporate finance adviser Jeremy Rayment said today.
Sentica takes 75% Kotipizza stake
Sentica Partners has acquired 75% of Finnish restaurants group Kotipizza.
Creathor Venture, RVC and KfW invest in Sividon Diagnostics
Creathor Venture, Rheinland Venture Capital (RVC) and KfW have invested an amount between €1-€5m in Sividon Diagnostics.
123Venture et al. in Vérifimmo MBI
123Venture, LCV Finance and David Hamelin have wholly acquired French insurance business Vérifimmo for an undisclosed amount.
Nord Holding buys WEMAS
Nord Holding has acquired WEMAS Absperrtechnik, a provider of safety equipment for construction sites.
Secondaries activity to carry on in Q4
Driven by banks and the resurgence of other LPs coming to the market, secondaries activity is likely to remain steady in the coming months. The recent market turmoil is however starting to impact pricing. Greg Gille reports
HTGF backs MeinProspekt
High-Tech Gründerfonds (HTGF) has, together with Mountain Super Angel and TheMediaLab, invested up to €10m in online marketing service MeinProspekt.
IK sells Idex to infrastructure fund Cube
IK Investment Partners has sold French energy and environmental services company Idex to Cube Infrastructure.
Invercaria boosts Gptech with €4m
Invercaria, the private equity arm of the Junta de Andalucía, has invested €4m in Spanish electronics firm Green Power Technologies (Gptech).
August-backed Lifeways acquires SLC
Lifeways Community Care, a portfolio company of August Equity, has bought SLC Group, thus completing its eighth bolt-on acquisition since 2007.
ISIS exits SLC via trade sale
ISIS Equity Partners has sold UK-based SLC Group, a provider of supported living and domiciliary care services.
CEE buys Solarpark Richelbach Ost
Hamburger Beteiligungsgesellschaft CEE has acquired solarpark Richelbach Ost from ecolutions.
Nordic unquote" September 2011
Buyout activity in the Nordics could return to levels seen pre-credit crunch, according to unquote” research. If Nordic deal activity continues at the pace seen in the first half of 2011, volume and value look set to almost reach 2007 levels, marking...
AXA Private Equity and LGT in €620m secondaries deal
AXA Private Equity and LGT Capital Partners have bought a €620m portfolio of LP interests in European buyout funds from HSH Nordbank AG.
Consortium invests SEK 7.25m in Antrad Medical
A consortium, consisting of STING Capital, Innovationsbron and business angels, has invested SEK 7.25m in Swedish medical technology company Antrad Medical.
GE overcomes hurdle in Converteam trade sale
General Electric (GE) has reached an agreement with the US Justice Department (DoJ) allowing it to acquire French engineering group Converteam from Barclays Private Equity and LBO France.
Barclays acquires IN tIME Express Logistik from ECM
Barclays Private Equity has bought IN tIME Express Logistik from ECM Equity Capital Management.
Clyde Blowers Capital sells Clyde Union Pumps for £750m
Industrial investment company Clyde Blowers Capital has sold its Scottish portfolio company Clyde Union Pumps to American Fortune 500 company SPX Corporation for £750m.
Bridgepoint acquires four businesses from Hampson
Bridgepoint Development Capital (BDC) has acquired four businesses from Hampson Industries’ Aerospace Components & Structures division for $84m.