Deals
Investindustrial and Alpha exit Permasteelisa for €600m
Private equity firms Investindustrial and Alpha Group have sold Italian architectural and engineering business Permasteelisa to JS Group for €573m, or 7.6x EBITDA.
SHS acquires Spiegelberg
SHS Gesellschaft für Beteiligungsmanagement has acquired shares in medical equipment producer Spiegelberg for an undisclosed amount.
Wellington Partners and Passion Capital back EyeEm
Wellington Partners and Passion Capital have provided German software developer EyeEm with seed funding of an undisclosed amount.
Creathor Venture backs ShopShare
Creathor Venture has invested in social media e-commerce platform ShopShare.
Pandora IPO lifts lid on PE failings
Pandora is not the only private equity-backed IPO to suffer – it would seem the box is full of underperforming listings. John Bakie reports.
DuMont and Seventure exit Tradoria
DuMont Venture and Seventure have sold their stake in shopping portal Tradoria to Japan-based internet service Rakuten.
YFM backs Bagel Nash MBI
YFM Equity Partners has backed the management buy-in of UK-based bakery and retail business Bagel Nash.
T-Venture backs VeliQ
Deutsche Telekom's venture arm T-Venture has invested in mobility solution specialist VeliQ.
Imperial leads £40m investment in Nexeon
Imperial Innovations Group plc has led a £40m series-C round for battery materials and licensing company Nexeon.
Sovereign acquires CHS for City & Country
Sovereign Capital has acquired Community and Homecare Services (CHS) as an add-on for City & County Healthcare Group.
Reiten-backed QuestBack acquires Globalpark
Reiten & Co’s portfolio company QuestBack AS has acquired and merged with German social CRM vendor Globalpark AG.
Mid-market up a third year-on-year
Amid a modest overall recovery for European buyouts, the mid-market space has so far performed strongly in 2011. Greg Gille investigates
Ergon acquires Fundició Dúctil Benito
Belgium mid-cap firm Ergon Capital Partners has acquired a majority stake in Catalan company Fundició Dúctil Benito in its first transaction in Spain.
NBGI and Ethemba back Birgi Mefar
NBGI Private Equity and Ethemba Capital have acquired a controlling stake in Turkish pharmaceutical company Birgi Mefar for an undisclosed amount.
OCAS, Octopus and IP Group inject £3.6m in ASL
OCAS Ventures, Octopus Ventures and IP Group have invested £3.6m in renewable energy technology business Applied Superconductor Ltd (ASL).
Acton invests in Bueroservice24
Acton Capital Partners has invested an undisclosed amount in online company Bueroservice24 AG.
Bmp exits Pomocni
bmp has sold its 17.24% stake in online childcare platform Pomocni to Edipresse Polska.
Barclays PE sells Martek Power to Cooper Industries
Barclays Private Equity (BPE) has sold French energy conversion specialist Martek Power to Cooper Industries for €130m.
Halder exits VAG Armaturen
Halder has sold tap manufacturer VAG Armaturen to drive system and components specialist Rexnord LLC for €175m.
GCRPV invests in four Basque firms
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has invested €4m in four Basque businesses.
Sud Investments leads financing in PneumaCare
Sud Investments has led a £2m round of funding for PneumaCare Ltd, together with a group of existing investors including Cambridge Enterprise, Cambridge Capital Group, Plextek Ltd and members of the Cambridge Angels group.
MCH and Corpfin invest in Segur Ibérica
MCH Private Equity and Corpfin Capital have acquired N+1 Private Equity’s stake in Spanish security firms Segur Ibérica and Hortus Mundi for €26m.
Apax France exits Vizada in $960m trade sale
Apax France and Hutton Collins have sold French mobile satellite communications company Vizada to Astrium, an EADS subsidiary, for a total consideration of $960m.
Gimv backs XL Video with €19m
Gimv has invested €19m in technology company XL Video in return for a 47% stake.