Deals
FRANCE - 123Venture injects EUR 2.5m into Ekyog
123Venture has backed Attitude Developpement, a company that owns and commercialises Ekyog, an organic clothing brand, with EUR 2.5m.
UK - CVC- and TPG-backed Debenhams plans £400m capital raising
CVC Capital Partners and TPG-backed UK retailer Debenhams is reportedly planning a ТЃ400m capital raising through a placing of shares to slash its ТЃ1bn debt pile.
FINLAND/SWEDEN - Nexit backs Aava Mobile with EUR 3m
Nexit Ventures has invested EUR 3m into Aava Mobile, a developer of smartphone platform designs.
ITALY - TTVenture makes EUR 3m Directa investment
Venture investor TTVenture has invested EUR 3m into nanotechnology firm Directa Plus.
GERMANY - HTGF backs maxment GmbH
High-Tech Gründerfonds (HTGF) has invested an undisclosed sum into software company maxment GmbH, with business angel Dr Rolf-Christian Wentz also participating.
UK - Advent Ventures backs MBO of The Foundry
Advent Venture Partners has backed the management buyout of visual effects software developer The Foundry from Wyndcrest Holdings for an undisclosed sum.
SPAIN - Xesgalicia invests EUR 1.5m in Cross Road Biotech
Reports suggest that Xesgalicia has acquired a 6% stake in biotech fund Cross Road Biotech.
UK - Finance Wales et al. invest £1m in Mesuro
Government-backed Finance Wales, university investment group Fusion IP and the ERA Foundation have invested ТЃ1m in mobile communications company Mesuro.
UK- NSEI et al. invest $3m into Antix Labs
NorthStar Equity Investors has led a $3m funding round in software engineering company Antix Labs Ltd, alongside Hotspur Capital and Antix founder and CEO Francis Charig.
DENMARK - Vækstfonden and angels back Teklatech with DKK 5m
Danish government-backed venture fund Vækstfonden has alongside five business angels invested DKK 5m into software business Teklatech. Vækstfonden contributed half of the total deal value.
FRANCE - BPE-backed Martek buys Semelec
Barclays Private Equity-backed Martek Power, a power conversions company, has purchased Semelec, a metrology company. The deal is Martek's second build-up operation after the purchase of a rival company in early 2009.
DENMARK - Via Ventures backs DKK 30m Medotech funding
Danish venture fund Via Venture Partners has participiated in a DKK 30m investment round for Danish biotech company Medotech A/S.
UK - Synova-backed Lunan acquires NICA
Handbag and accessories business The Lunan Group, which is majority owned by Synova Capital, has acquired handbag brand NICA for an undisclosed sum.
UK - LDC to acquire eight Midlands radio stations
LDC and radio industry veteran Phil Riley have agreed to acquire eight Midlands radio licenses from commercial radio group Global Radio for an undisclosed sum.
UK - Accel et al. invest $17m into Seatwave
Accel Partners has led a $17m series-D funding round for fan-to-fan ticket exchange company Seatwave, alongside existing investors Fidelity Ventures, Atlas Venture, Mangrove Capital Partners and Adinvest.
UK - Octopus invests £1.1m into Phase Vision
Octopus Ventures has invested ТЃ1.1m into optical inspection solutions manufacturer Phase Vision, in exchange for a significant minority stake in the business.
SPAIN - Palamon and G Square invest in Grupo Sar
Mid-market buyout house Palamon Capital Partners and healthcare dedicated investor G Square have completed an investment into Spanish elderly care services provider Grupo SAR.
SBOs to make comeback
Looking at UK developments could give hints of where Nordic private equity will make its next move. Kimberly Romaine and Rikke Lilla Eckhoff report
GERMANY - Nord Holding acquires bakery business from Hannover Finanz
Nord Holding has, together with the management, wholly acquired bakery company De Maekelbörger GmbH from HANNOVER Finanz for an undisclosed amount.
GERMANY - eCAPITAL invests in SmartHouse
eCAPITAL Enrepreneurial Partners, via Gründerfonds Bielefeld-Ostwestfalen, has invested in housing solutions company SmartHouse GmbH.
UK - LGE invests $10m into Advanced Plasma Power
Private equity fund Leveraged Green Energy (LGE) has invested $10m into waste management company Advanced Plasma Power (APP), in exchange for a 10% stake in the business.