Deals
CEE invests in geothermals company Planetherm GmbH
Conetwork Erneuerbare Energien Holding GmbH & Co. KgaA (CEE), has invested an undisclosed sum in Planetherm GmbH. The deal is rumoured to be valued between €3-7m.
Seed financing fails to germinate
The German venture industry is under fire from all angles, with the regulatory environment, a shortage of serial entrepreneurs, and a lack of support from domestic LPs posing formidable challenges. One of the core problems within the segment, however,...
Amadeus et al. in €7m D-round for Liquiavista
Returning investors Amadeus Capital Partners, GIMV, Prime Technology Ventures and Applied Ventures have participated in a €7m series-D round for Dutch display manufacturing company Liquiavista BV.
MCH PE to buy share of Garavilla
MCH Private Equity is set to purchase a majority share of Conservas Garavillain from the Garavilla family in a deal which is expected to close in the coming days.
Biotech IPOs under investor microscope
The recent flurry of biotechs seeking to raise capital on the public markets could prove mistimed as question marks are raised over investor appetite. FranУЇois Rowell investigates.
Siparex stage OBO of Passman
Siparex has invested via an OBO deal in Passman, a company specialised in internet access solutions for the hotel industry.
Capital-E and Emertec Gestion join €6.6m round for Clean Mobile AG
Belgian VC Capital-E and French VC Emertec Gestion have participated in a €6.6m round for Clean Mobile AG.
GS and Cerberus plan to raise €140m in GSW IPO
Goldman Sachs (GS)and Cerberus Capital Management are seeking to raise close €140m in an IPO for portfolio company GSW Immobilien AG.
Permira and AXA circle Go Voyages
Permira and AXA Private Equity are in a final run off to acquire Go Voyages, an internet company, for between €300-400m from shareholders Financière Agache (held by the Arnault group), Compagnie Nationale à Portefeuille and Albert Frère who own a majority...
Triton acquires Stabilus in debt-for-equity swap
Triton has become the new owner of Stabilus GmbH following a debt-for-equity swap.
Arax backs Biocrates Life Science with €1.2m
Arax Capital Partners has funded metabolic biomarker company Biocrates Life Science AG with €1.2m as a first tranche of a fundraising round.
Abris backs Masterlease MBO
Central and Eastern Europe private equity investor Abris Capital Partners has backed the management buyout of Polish fleet management company Masterlease Polska. No financial details have been disclosed.
Aescap et al. in €30m Biocartis round
Aescap, alongside other existing backers and new strategic investors Debiopharm Group and Johnson & Johnson, has particpated in a €30m series B funding round for Biocartis SA.
Proventure et al in NOK 35m funding for Aptomar
Norwegian government-backed venture fund Investinor has contributed NOK 17.5m in a NOK 35m funding round for technology business Aptomar. Also participating were existing backers Statoil Venture and seed fund Proventure SEED.
EPS Value Plus AG sells investment in Meyer Burger/3S Industries
Listed New Value has sold its interest in Meyer Burger/3S Industries on the stock market, which led to preliminary profits of approximately CHF 5.5m for the financial year ending 31 March.
Herkules acquires Elis
Norwegian GP Herkules Capital has wholly acquired software company Elis AS from Data in Vest AS, Hafslund Venture and Elis employees.
DLJ in $165 million investment in Landis+Gyr
DLJ Merchant Banking Partners, part of Credit Suisse’s Asset Management division, has taken part in a $165m investment in Landis+Gyr.
EQT Opportunity divests Tenson
EQT Opportunity has sold Tenson to Benelux-based Unlimited Sports Group.
Insight, Templeton et al. acquire stake in Studio Moderna
Insight Venture Partners and Templeton have co-led a group of investors in the acquisition of a minority stake in electronics and consumer products retailer Studio Moderna.
Southern Europe unquote" April 2010
A quarter into 2010 and European private equity dealflow is still fragile, prompting many GPs to remain on the sidelines. Meanwhile, figures from the upcoming unquote” European Fundraising Review emphasise the fundraising drought of 2009.
Earlybird invests in Yoom.de
Earlybird Venture Capital has invested in a medium single digit million euro round in Yoom.
Vespa Capital backs MBO of SDS
Vespa Capital has staged a management buyout of SDS, a company focused on the production of spare parts for the household good sector. Debt for the transaction was provided by Crédit du Nord, LCL and CCSO.
Abingworth invests in €33m round for Epigenomics
Abingworth has invested in listed biotech company Epigenomics AG as part of an oversubscribed €33.1m fundraising round.
EnjoyVenture leads funding for amedo Smart Tracking
EnjoyVenture has led a follow-on round of funding for amedo Smart Tracking Solutions, alongside High-Tech Gründerfonds, the KfW banking group and new strategic investors.