Deals
GERMANY - BayBG supports Core-Competence
BayBG has invested an undisclosed sum into web-based training company Core-Competence, acquiring a minority stake in the business.
GERMANY - DBAG and Quadriga Capital sell Lewa
Deutsche Beteiligungs AG (DBAG), Quadriga Capital and company management have sold their interests in pump manufacturer Lewa GmbH for an undisclosed sum to Japan-based Nikkiso Co, Ltd.
FRANCE - AXA PE invests in INDOM
AXA Private Equity has invested an undisclosed sum into domain broker INDOM, taking a stake of around 15%.
FRANCE - IDI- and BV Capital-backed Hi-Media acquires AdLINK
IDI- and BV Capital-backed internet business Hi-Media has acquired AdLINK Media, the display advertising network of Germany-based AdLINK Internet Media AG.
UK - BC Partners backs EUR 1.7bn Baxi merger
BC Partners-backed boiler maker Baxi has agreed to a EUR 1.7bn merger with Dutch rival De Dietrich Remeha Group, with the private equity house investing EUR 100m to support the transaction.
UK - Bridgepoint considers IPO for Pets At Home
Bridgepointis reportedly considering a public floatation of pet retail chain Pets At Home, hoping to raise as much as ТЃ700m from the sale.
UK - Private equity firms battle for Lloyds' fund management arm
Private equity houses Hellman & Friedman and TA Associates are in a battle to acquire Insight, the fund management arm of Lloyds.
BELGIUM - BNP completes EUR 1.6m Eurogentec investment
French investor BNP Paribas Private Equity has invested EUR 1.6m into biotech business Eurogentec.
GERMANY - HTGF et al. invest EUR 650,000 into Intana Bioscience
High-Tech Gründerfonds (HTGF), Bayern Kapital and BioM AG have invested EUR 650,000 into Intana Bioscience GmbH.
ITALY - Apax and Cinven interested in Kedrion
Reports suggest that Apax Partners and Cinven are among the private equity firms interested in taking over the 40% stake in pharmaceutical business Kedrion held by Investitori Associati.
FRANCE - Delta Partners invested EUR 2.75m in SpineGuard
Delta Partners has invested close to EUR 3m into medical equipment company SpineGuard in an extension to the business' first round of funding. Crédit Agricole Private Equity and Innoven Partenaires had originally co-led an $11m investment into the firm...
UK - Inflexion completes HKI exit
Inflexion Private Equity has completed its exit of Healthcare Knowledge International (HKI), after selling its Iberian division, IASIST SA, to trade buyer UBM Limited for an undisclosed value. Inflexion has made a total return of 2.7x money on its original...
FRANCE/GERMANY - Gores-backed Sagen buys Gigaset assets
Sagem Communications, backed by US investor Gores Group, has acquired the broadband and WiMAX business of Gigaset Communications GmbH, a subsidiary of industrial holding Arques AG and Siemens AG.
SPAIN - Debaeque invests EUR 2.75m into Apesoft
Venture capital house Debaeque has invested close to three million into software firm Apesoft.
US/Hungary – VCs float LogMeIn at $342m cap
US/Hungarian remote-services technology business LogMeIn has floated on Nasdaq at a market capitalisation of $342m, generating an exit for backers Prism VentureWorks, Polaris Venture Partners, 3TS Capital Partners, Integral Capital Partners and Intel...
SPAIN - Adara and Neotec back AlienVault
Adara Ventures and Neotec have invested an undisclosed sum into software company AlienVault.
SWITZERLAND - Wellington Partners and Vinci Capital lead CHF 23m round for Symetis SA
Wellington Partners and Vinci Capital have co-led a CHF 23m round for medical technologies company Symetis SA.
GERMANY - BPE's Premiumcommunications acquires adm
Barclays Private Equity (BPE) portfolio company Premiumcommunications Group, a call centre services business, has acquired sector player adm group for an undisclosed sum.
FRANCE - Crédit Agricole PE backs EUR 20m Neoen investment
Crédit Agricole Private Equity and energy investment company Louis Dreyfus have invested EUR 20m into renewable energy producer Neoen.
UK - Chrysalis backs Escape Studios
Venture capital trust Chrysalis has invested an undisclosed sum into computer graphics school Escape Studios.
NETHERLANDS - 3i and H.I.G provide EUR 17.2m new equity for VNU Media
3i-backed VNU Media has finally reached an agreement with its lender over its EUR 100m debt. The firm has been in talks with banks since January this year.
UK - AGF et al. invest $4.5m in Vivacta
Existing investors AGF Private Equity, HBM Bioventures, Spark Ventures and Viking Technologies have invested $4.5m into Vivacta, a UK-based blood-drop test developer.
GERMANY - CFH invests EUR 2m into Synteks
CFH Beteiligungsgesellschaft mbH has invested EUR 2m in automotive supplier Synteks Umformtechnik GmbH.
SWITZERLAND - Argos Soditic reaps 3.1x on ORS sale
Argos Soditic sold outsorcing company ORS in a secondary buyout to Invision, reaping a cash mutliple of 3.1x and an IRR of 37%.