Deals
Gimv acquires Studiekring
Gimv has acquired a majority stake in Dutch tutoring service provider Studiekring.
Sofinnova leads £6m investment in Mission Therapeutics
Sofinnova Partners has led a £6m funding round for Cambridge-based drug development company Mission Therapeutics.
TPG invests in Saxo Bank
TPG Capital has bought a 30% stake in Danish online investment banking platform Saxo Bank from existing investors.
Phoenix prepares to sell ASCO
Phoenix Equity Partners has hired Lexicon Partners to advise on a possible sale or part sale of ASCO Group.
HIG Europe signs off Bezier MBO
HIG Europe, the European arm of private equity firm HIG Capital, has acquired a majority stake in UK marketing services provider Bezier as part of a management buyout.
CFH backs DMB buy-in
CFH Beteiligungsgesellschaft has acquired a 50% stake in metal manufacturer DMB Metallverarbeitung GmBH in a management buy-in.
Ersel nabs Arbo from Quadrivio
Italian SME investor Gruppo Ersel has acquired an 80% stake in Accessori Ricambi Bonazzoli (ARBO) from fund manager Quadrivio in a secondary buyout.
FII and Etera invest in Academica
Finnish Industry Investment (FII) and Etera Mutual Pension Insurance Company have invested in Finnish ICT service provider Academica.
Darwin in £50m Attenda SBO
Darwin Private Equity has backed the £50m management buyout of UK-based hosting services business Attenda from M/C Partners.
IK sells Magotteaux for €550m, reaps 6x money
IK Investment Partners has sold Belgian industrial supplier Magotteaux to Chilean group Sigdo Koppers for €550m.
Syndication woes spell trouble for German buyouts
At a time when many GPs have finished divesting their vintage portfolios and are looking for fresh investments, the German leverage market is experiencing difficulties with loan syndication, threatening future buyouts. Diana Petrowicz investigates
Ludgate and Novusmodus invest £2m in Lumicity
Cleantech investors Ludgate Investments and Novusmodus have led a new £2m funding round for UK-based photovoltaic (PV) solar developer Lumicity.
Astorg leads FCI unit auction
French mid-cap firm Astorg Partners has entered into exclusive negotiations to acquire FCI's microconnections division from Bain Capital, according to sources close to the transaction.
Consortium invest £8m in KalVista
SV Life Sciences and Novo A/S have provided £8m in a series-A round for ophthalmology company KalVista Pharmaceuticals.
Resource-backed Interchem acquires Polbita
CEE-focused Resource Partners' portfolio company Interchem has acquired Polbita, a Polish subsidiary of IWP International, from Strategic Value Partners (SVP).
SVP sells IWP International for €180m
Turnaround investor Strategic Value Partners (SVP) has sold the remaining significant business units of IWP International. This brings the total sale value of the UK consumer goods group to €180m.
PPF Group increases Eldorado stake
Czech private equity group PPF has acquired the remaining shares in Russian retail chain Eldorado.
NVM sells Promanex to Costain for £18.8m
NVM Private Equity has sold UK-based engineering services company Promanex to trade buyer Costain for £18.8m.
Vorwerk and venturecapital.de back pauldirekt
Vorwerk Direct Selling Ventures, the investment arm of Vorwerk Group and venturecapital.de have invested in online retailer pauldirekt.
CVC acquires majority stake in Virgin Active
CVC Capital Partners has acquired a 51% stake in fitness chain Virgin Active. The remaining 49% stake will be retained by Virgin Group.
Bregal buys Novem from creditors
Bregal Capital has acquired troubled automotive supplier Novem.
PE takes key role in financial services consolidation
With Cinven’s acquisition of Guardian Financial Services this week, we are once again reminded of the pressure facing financial services organisations and the opportunities this presents for private equity investors.
Nordic buyouts set to return to 2007 levels
Buyout activity in the Nordics could return to levels seen in 2007, 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 fall just short of 2007 levels, marking a...
Newcomer DTI makes debut UK investment
New York-based DTI Capital has backed the £4m buyout of London-based WTG, unquote” has learned.