Deals
UK - Alchemy Partners sells EPS stake
Alchemy Partners has exited its stake in portfolio company Environmental Property Services (EPS) plc, the property installation and maintenance services provider, via a trade sale to MITIE Group for a consideration of up to ТЃ38.5m for all the sellers,...
BELGIUM - Waterland pays EUR 62.4m for 25.1% stake in Arseus
Waterland Private Equity Investments becomes the second largest shareholder in listed medical equipment business Arseus, after having invested EUR 62.4m for a 25.1% stake in the company.
SPAIN – CAI-backed Imaginarium to list on MAB
Children's toy retailer Imaginarium, backed by the Caja de Ahorros Inmaculada private equity arm, CAI Desarrollo Empresarial, is due to list on the alternative market in Madrid, the Mercado Alternativo Bursátil (MAB).
GERMANY – BC Partners' Brenntag shapes up for IPO
News reports indicate that BC Partners' portfolio company Brenntag GmbH is in the process of restructuring its EUR 2.5bn debt to prepare the company for its planned IPO.
UK - Smedvig Capital makes 6.2x money on Protego sale
Smedvig Capital has sold Protego Real Estate Investors to US-based Cornerstone Real Estate Advisers LLC, reaping a total return of 6.2x and an IRR of 58%. No other financial details have been disclosed.
UK - Kelso Place reaps 4x money through partial exit of i2S Group
Kelso Place Asset Management-backed i2S Group Limited, a provider of integrated building control and data communication systems, has sold its controls division, DMS Controls Limited, to US-based Carrier Corporation, a unit of United Technologies Corporation,...
PORTUGAL - Espírito Santo Capital acquires 30% of Amal Group
Espírito Santo Capital has acquired a 30% stake in tube and silo maker Amal Group.
SWEDEN - Chalmers back NemaLabs with further SEK 5m
Chalmers Innovation Seed Fund is backing software business Nema Labs with SEK 5m in a funding round raising a total of SEK 10m for the company's internationalisation. Other investors included Volvo Technology Transfer and Innovationsbron.
POLAND – Royalton adds Cool AR to Activ Parking
Central and Eastern European investor Royalton Investors has acquired a 93% stake in Polish paid parking zone business COOL AR. The deal was done thorough ACTIV Parking Holdings, a Czech parking operator Royalton acquired in January 2009. Together the...
UK - Atlas et al invest $20m into picoChip
Atlas Venture, Highland Capital Partners, Pond Venture Partners and Scottish Equity Partners have invested $20m into wireless infrastructure company picoChip, alongside Rothschild, AT&T, Intel and Samsung, in a Series E funding round.
ITALY – HAL-backed Safilo recap uncertain
Dutch investor HAL Holding today announced that it will extend the offer to eyewear manufacturer Safilo's bondholders to 27 November, as currently only 43.01% of bonds were tendered, versus the 60% acceptance rate HAL reportedly requires to complete its...
BULGARIA – Advent sips EUR 40m Devin
Advent International's Central & Eastern European team has completed the acquisition of a 79% stake in Bulgarian bottled water business Devin AD. The company is listed on the Bulgarian Stock Exchange and the shares were acquired from Austria's Soravia...
NETHERLANDS - LSP in EUR 2m round for Kreatech Diagnostics
Life Science Partners (LSP) and Alafi Capital-backed biotech firm Kreatech Diagnostics has just closed a new EUR 2m round of financing which saw the participation of a new investors.
FRANCE - Astorg takes 32% stake in EUR 500m Gras Savoyarde
Astorg is set to take a 32% stake in insurance broker Gras Savoye, in a deal valuing the company at approximately EUR 500m, including EUR 200m of debt. The LBO deal sees US group Willis reduce its stake to 31.8%.
ROMANIA – 3TS Cisco backs InternetCorp
3TS Capital Partners has acquired a minority stake in Romanian online media company InternetCorp. The transaction was funded through the 3TS Cisco Growth fund, which focuses on small- and medium-sized technology, media and communications companies in...
ROMANIA – Enterprise Investors in EUR 66m MBI of Profi Rom
Enterprise Investors has led the EUR 66m buy-in of Romanian supermarket chain Profi Rom Food Group. The deal sees the house wholly acquire the business from former owner Duna Waiting Participation, and install Gunter Grieb as new CEO.
FRANCE - Avenir backs spin-out of CNCP Bordet with EUR 2m
Avenir Entreprises has invested EUR 2m for a minority stake in CNCP Bordet to support the B2B tubes and plastics business' spin-out from Frans Bonhomme.
FRANCE - Avenir backs spin-out of CNCP Bordet with EUR 2m
Avenir Entreprises has invested EUR 2m for a minority stake in CNCP Bordet to support the B2B tubes and plastics business' spin-out from Frans Bonhomme.
NETHERLANDS - Gilde buy Uniq's Dutch wing
Gilde Equity Management Benelux is set to acquire Uniq Plc's Dutch business units, valued at a total of EUR 20m, as the UK-listed food producer Uniq is looking to raise cash to manage its debt.
UK - Aquarius Origin invests in Conformetrix
Newly-launched Aquaris Origin Fund has acquired a minority stake in drug development company Conformetrix in a deal of undisclosed value.
UK - Oxford Capital exits Orthomimetics
Oxford Capital has exited its investment in medical technology company Orthomimetics via a trade sale to TiGenix, for a consideration of EUR 3.7 million new TiGenix shares.
UK - ISIS Equity reaps 4x money on ScriptSwitch sale
ISIS Equity Partners has wholly exited its investment in drug comparison software company ScriptSwitch via a trade sale to US-based healthcare operator UnitedHealth in a deal that values the business at ТЃ50m, generating a return of four times money....
UK - NBGI backs the £13m management buy-in of Matrix's Pasta King
NBGI Private Equity has backed the ТЃ13m management buy-in of food company Pasta King from Matrix Private Equity Partners and the incumbent management, acquiring a majority stake in the business.
GERMANY/US – IK's Minimax to merge with Viking Group IK
IK Investment Partners backs its portfolio company Minimax in its merger with US-based Viking Group.
