Deals
NETHERLANDS - Gilde Healthcare supports EUR 16.6m Agendia funding
Gilde Healthcare Partners has participated in a series-E funding round worth a little under EUR 17m for biotechnology firm Agendia.
AUSTRIA - Capexit sells phion stake to Barracuda for EUR 1m
Capexit has sold the remainder of its interest in listed IT service provider phion to Barracuda Networks, in deal worth just over EUR 1m.
UK - Curzon Park Capital leads £1.3m Lysanda funding
Curzon Park Capital, via its Sustainable Technology Fund, has led a second round of funding worth more than ТЃ1m for automotive systems specialist Lysanda, alongside LogiSpring and private investors.
FRANCE - Odysee and AVM acquire AutoReflex in EUR 15m deal
It is understood that Odysée Venture and AVM Associati have acquired an 85% stake in online publishing firm AutoReflex, in a deal that values the company at EUR 15m.
BELGIUM - Montagu to acquire ABD Airfield from Siemens
Montagu Private Equity is finalising the purchase of ADB Airfield Solutions (ADB), the airfield lighting business of Siemens, for an undisclosed sum.
GREECE - Argo-backed On Telecoms acquires Vivodi
On Telecoms, a telecommunications business backed by UK-based investor Argo Capital Management, has acquired broadband services provider Vivodi Telecom.
FRANCE - LBO France set to acquire Geoxia
LBO France is set to purchase Geoxia, a construction company, in a secondary buyout from Natixis subsidiaries NI Partners and Initiative & Finance.
UK - LDC backs £11m carve-out of Homeserve Emergency Services
LDC has backed the management buyout of the emergency services division of listed home assistance membership business Homeserve plc, in a deal worth ТЃ11m.
NETHERLANDS - Point One leads $3m Recore funding
Point One Innovation Fund has led a $3m round of financing for semiconductor business Recore System, along side government-backed investor PPM Oost.
GERMANY - Cinven and Candover could sell majority Springer stake
According to reports, buyout houses Cinven and Candover have signalled a willingness to part with a majority stake in academic publisher Springer Science and Business Media.
GERMANY - Permira sells EUR 177m Freenet stake
Permira has reduced its stake in listed telecommunications business Freenet through a placement of just over 19 million shares, equating to 15% of the company's share capital, in a deal worth approximately EUR 177m.
UK - NVM reaps 8x return on DxS sale
NVM Private Equity has exited its investment in DxS, a personalised medicines specialist, via a trade sale to sample and assay technologies giant Qiagen, reaping a return of 8x money on an intitial cash payment of $75m.
GERMANY - HBM et al. invest in Sloning
HBM BioVentures, LBBW Venture, DEWB and KfW have followed up their investment in biotechnology company Sloning BioTechnology.
GERMANY - BC Partners to float Brenntag
According to sources, BC Partners is preparing to float distributor Brenntag GmbH in early 2010, which could raise as much as EUR 1.5bn.
FRANCE - Blackstone and Lion agree EUR 2.6bn Orangina sale
Blackstone and Lion Capital have agreed the sale of Orangina Schweppes Group to Suntory Holdings, in a deal valued at around EUR 2.6bn.
GERMANY - Earlybird leads azeti investment
Earlybird has led a first round of financing for software company azeti Networks GmbH, alongside NRW Bank.
SWITZERLAND - Astorg acquires Metalor
Astorg Partners has agreed to acquire a majority stake in metals refiner Metalor Technologies International from a group of Swiss private investors.
SWITZERLAND - Astorg acquires Metalor
Astorg Partners has agreed to acquire a majority stake in metals refiner Metalor Technologies International from a group of Swiss private investors.
GERMANY - HTGF and Bayern back H C Carbon with EUR 600,000
High-Tech Gründerfonds and Bayern Kapital have invested EUR 600,000 into H C Carbon Company, a specialist refiner of carbon additives.
GERMANY - TPG drops out of Springer race
According to reports, TPG Partners has dropped out of the sales process to acquire a 49% stake in academic publisher Springer Science and Business Media, which is being sold by Cinven and Candover.
UK - Imperial Innovations leads £2m Cell Medica funding
Imperial Innovations Group has led a funding round worth close to ТЃ2m for cellular therapeutics company Cell Medica, alongside private investors.
GERMANY - Montagu and Nordic Capital interested in easycash
Montagu Private Equity and Nordic Capital are said to be among the six bidders in the second round of the auction for payments processing company easycash, which is being sold by Warburg Pincus and is thought to be worth between EUR 240-270m.
DENMARK/SWITZERLAND - Blackstone-backed Nycomed bids for EUR 4.5bn Solvay
Reports suggest that Nordic Capital- and Blackstone-backed pharmaceuticals business Nycomed has made a takeover approach for the drug division of publicly listed chemical and pharmaceutical company Solvay SA, with the offer thought to be valued at around...
FRANCE - BC Partners looking to float Medica
BC Partners is thought to be preparing a floatation of home care portfolio company Medica, expected before the end of the year.