Deals
UK - NSEI invests £60,000 into Durham Mag-Lev
NorthStar Equity Investors, via its North East Proof of Concept Fund, has invested ТЃ60,000 into technology company Durham Mag-Lev.
FRANCE - Eco-Mobilite Partners invest EUR 1.6m in Lumeneo
Eco-Mobilite Partners, the venture subsidiary of the SNCF, alongside Objectif Gazelle 2 and a number business angels from the XMP-BA group, has led an investment into electric car developer Lumeneo worth EUR 1.6m.
UK - Valco to acquire Risk Capital-backed Borders UK
Borders, the ailing bookstore backed by Risk Capital Partners, is in talks with Valco Capital Partners, the private equity arm of restructuring specialist Hilco, over the sale of its UK business.
FRANCE - AGF PE and Innovacom sell Steek in EUR 27.5m deal
AGF Private Equity and Innovacom have wholly exited their respective stakes in Steek, a software provider, in a trade sale to F-Secure Corporation worth EUR 27.5m.
UK - Succes Europe et al. invest £3m into Helveta
French technology investor Succes Europe has led a ТЃ3m second funding round for timber track and trace technology provider Helveta Ltd, alongside existing investors Albion Ventures and Oxford Capital Partners.
UK/DENMARK - Index leads £10.5m Just-Eat funding
Index Ventures, alongside Venrex Investment Management and existing shareholders, has led a series-A funding round for online meal order business, Just-Eat, raising ТЃ10.5m.
UK - MMC Ventures invests £1.1m into E-Stack
MMC Ventures has invested ТЃ1.1m into cleantech company E-stack.
ITALY - Foresight signs project financing for 6MW Puglia solar project
Foresight Group has signed a €25m project financing with West LB and Barclays as mandated lead arranger for the financing of a 6MW solar PV project to be constructed in the Puglia region of Italy.
UK - Electra-backed Vasanta to secure new PE backing
Electra Partners-backed Vasanta Group, one of Britain's largest provider of office supplies, has reportedly said it is close to securing new private equity backing, which could save the company from administration.
GERMANY - Silverfleet in talks to acquire Kalle Nalo
It is understood that mid-market investor Silverfleet Capital is in exclusive negotiations with Montagu Private Equity to acquire charcuterie casing business Kalle Nalo, with the price tag thought to be around EUR 250m.
POLAND - Oresa backs MBI of Ploh
Swedish investment firm Oresa Ventures has acquired Polish vending business Ploh in a deal that sees a new management team take over from founder Zbigniew Loh.
SWITZERLAND - Zurmont Madison embarks on buy-and-build for CLS
Zurmont Madison Private Equity has backed a partial buyout and capital expansion of Swiss language specialist CLS Communications.
UK - 3i sells stake in Venture Production
3i has reportedly sold its 5% stake in North Sea oil and gas company Venture Production to Centrica, the UK's biggest energy supplier, for 845p per share.
Motivating management: The BIMBO's back
Now more than ever it's important to ensure management teams are properly incentivised. For existing portfolio companies it may mean bringing on board some fresh blood; for new opportunities it means cutting a fair deal for all parties involved
SWEDEN - Creandum and Viking join EUR 12.5m round for Nanoradio
Scandiavian venture firms Creandum and Viking Venture has joined existing investors Ferd Venture, Industrifonden, Innovacom, Nordic Venture Partners, and Teknoinvest in a EUR 12.5m financing round for semiconductor developer Nanoradio AB.
FRANCE - XAnge and MBO Partenaires exit Acticall
XAnge Private Equity and MBO Partenaires have ceded their shares in Acticall, a client relationship business, to Creadev, an investment company backed by the Mulliez family.
FRANCE - Idia et al. provide Elitech with EUR 9m
Idia Participations, a subsidiary of Crédit Agricole, has invested EUR 9m in Financere Elitech, a biotech holding company, alongside Naxicap Partners, Banque Populaire Développement, BNP Paribas Développement and Synergie Finance.
SWEDEN - Ledstiernan increases Katsching stake to 62%
Swedish private equity firm Ledstiernan has acquired a further 14% stake in online mobile retailer Katshing, increasing its stake from 48% to 62%.
GERMANY - High-Tech Gründerfonds invests in Yatta Solutions GmbH
High-tech Gründerfonds has invested in software company Yatta Solutions GmbH, a specialist in model-driven software, enabling completion of the UML Lab prototype and subsequent market launch.
Switzerland/Germany - Ventizz merges portfolio companies
Ventizz has merged the business activities of Switzerland-based electronic manufacturing service company AEM Technologies Holding AG and Germany-based card manufacturer CardFactory AG.
FRANCE - Siparex and Rhônes-Alpes invest EUR 1.2m into Aktor
Siparex, via its fund Siparex Proiximité 3, and the regional Rhônes-Alpes fund have backed invested Aktor Interactive, a human resources marketing firm, with EUR 1.2m