Deals
XAnge and Auriga invest in eXo
XAnge and Auriga have participated in a €4m financing round for eXo Platform, alongside angel investors including Sacha Labourey and Bob Bickel.
Demeter acquires 42% stake in Comarth
Demeter Partners has acquired a 42% stake in engineering firm Comarth, the fifth deal from their fund Demeter 2.
Providence's KDG headed for IPO
Providence’s Kabel Deutschland is said to conduct an IPO at the Frankfurt stock exchange on 22 March, and is expected to issue a total of 52 million shares to raise EUR 700m in capital.
HgCapital in exclusive talks to buy John Laithwaite
HgCapital is reportedly in exclusive talks to buy commercial laundry equipment supplier John Laithwaite in a deal worth around ТЃ150m.
Corpfin's Duplex Elevación acquires parts of MP Ascensores
Corpfin Capital-backed Duplex Elevación has acquired parts of MP Ascensores' lift maintenance portfolio.
Q&A: European venture to outperform in cleantech area
Rob Genieser recently joined cleantech venture investor Environmental Technologies Fund (ETF), which currently invests from its ТЃ110m fund, closed in March 2008. Relocating from Vertex, which was headquartered in Singapore and Tel Aviv, he tells Rikke...
Siemens Venture Capital et al. exit LET Systems
Siemens Venture Capital, Tempovest Capital, Enterprise Ireland, Bank of Scotland and TVC Holdings have exited their investment in software company LET Systems via a trade sale to US-based Trimble.
EdRIP buy minority stake in Iranex
Edmond de Rothschild Investment Partners (EdRIP) has purchased a 24% stake in Groupe Iranex, a nutritional ingredients company, alongside Stéphane Dondain the company CEO who holds the remaining 76%.
3i and N.I. Partners acquire Apax's stake in Vedici
3i and N.I. Partners have acquired a stake in acute care company Vedici, alongside founding directors Jérôme Nouzarède and Michel Bodkier, from Apax Partners SA and its listed vehicle Altamir Amboise.
AXA PE in talks to sell Eliokem to Lanxess
AXA Private Equity is said to be in discussions with German chemical business Lanxess over the sale of its portolio company Eliokem.
NextStage sells Bewan for up to €12.5m
NextStage and Seventure have sold their holding in Bewan, IP and cable gateways specialist, to UK-based Pace, a digital TV technology company, for up to €12.5m.
Gulf One acquires 7.9 percent of Belte AG
Gulf One Investment Bank B.S.C., Bahrain has acquired 7.9 percent of the shares of aluminum refiner Belte AG based in Delbrück.
Trade sales make roaring start to 2010
While many companies are still waiting in the IPO wings, trade sales seem to be the preferred exit option in the UK these days. Deborah Sterescu investigates
HTGF, DuMont Venture and bAV Consult sell northworks
High-Tech Gründerfonds (HTGF), DuMont Venture and bAV Consult have sold their stakes in northworks Software GmbH to games provider Travian Games GmbH.
Finlombarda invests €1.5m in Microcinema
Finlombarda Gestioni SGR has invested €1.5m in Italian digital distribution network of film and digital content Microcinema, taking a minority stake in the business.
Nordic Capital divests Menigo to Brakes Group
The deal sees Nordic Capital divest the majority of its stake in the business and retain 33%.
Alto Partners takes 51% stake in IPE Cavalli
Alto Partners has acquired a 51% stake in design furniture business IPE Cavalli.
3i loses control of Global Garden Products
3i has lost control of its Italian lawnmower manufacturer Global Garden Products (GGP), which has been taken over by its senior lenders during the company’s restructuring process.
Finnish Industry Investment invests €6.6m in Glaston
Government-backed Finnish Industry Investment has made a тЌ6.6m investment in glass technology company Glaston Corporation.
AXA PE and PAI bidding for Shell's €1bn LPG division
AXA Private Equity and PAI Partners are among the bidders circling Royal Dutch Shell’s Liquefied Petroleum Gas (LPG) division, which price tag nears €1bn.
2010 buyout activity promising
Although volume and value buyout figures in France have dropped in 2009, the slight recovery seen in the last two quarters could mean that a recovery is underway. Francois Rowell reports.
BC Partners and Cinven-backed Amadeus prepares to float
PE-backed travel specialist Amadeus is said to be expecting to formalise its return to public markets sometime during the first half of this year.
N+1 backed Bestin seeks voluntary credit agreement
N+1-backed logistics operator Bestin Supply Chain has requested a voluntary credit agreement with the object of finalising the debt restructuring of the various firms making up the group.
Private equity-backed Cortefiel in €130m capital increase
CVC, PAI and Permira-backed fashion retailer Cortefiel has approved a €131.4m capital increase that supports the conversion of debt into equity.