Deals
SPAIN - 3i-backed Boomerang TV acquires 3Koma
3i-backed broadcasting group Boomerang TV has acquired Basque television content producer 3Koma for an undisclosed sum.
SPAIN - Inveready and La Caixa back AQsense
Venture investors Inveready and La Caixa Capital Risc have invested a EUR 300,000 as part of a EUR 500,000 funding round for visual systems start-up AQsense, taking a 30% stake in the business.
UK - Candover's Wood Mackenzie sale close
The sale for troubled Candover's energy consulting company Wood Mackenzie is reportedly to close on Monday, with several buyout houses, including Bain Capital, Charterhouse Capital Partners, Hellman & Friedman and Warburg Pincus, said to be preparing...
GERMANY - BluO acquires Pit-Stop from PAI-subsidiary Kwik-Fit
Private equity newcomer BluO has acquired Pit-Stop Auto Service GmbH, the German division of car service business Kwik-Fit Holdings, a portfolio company of PAI Partners, for an undisclosed amount.
ITALY - Buyout interest in Banca Fideuram
Reports suggest that several buyout houses have expressed an interest in bidding for Italian bank Intesa Sanpaolo's subsidiary Banca Fideuram, which could have a price tag of up to EUR 3bn.
UK - Permira exits Britvic
UK buyout house Permira has reportedly exited its 14% stake in listed British soft drink manufacturer Britvic, in a deal valued at approximately ТЃ80m.
UK - Endless acquires British Bookshops and Stationers
Turnaround specialist Endless has acquired beleaguered British Bookshops and Stationers for an undisclosed sum.
UK - Hotbed invests £3.3m into Burcote Wind
Private investor network Hotbed has invested ТЃ3.3m into UK-based wind farm developer Burcote Wind, alongside company management.
FRANCE - EdRIP backs Barrault OBO
Edmond de Rothschild Investment Partners (EdRIP) has invested EUR 1m to support the owner-buyout of industrials company Barrault Recherche.
GREECE - TLcom and Alpha Ventures invest EUR 11m into Upstream
London-based TLcom Capital LLP and Greek investor VC Alpha Ventures have co-led an EUR 11m financing round for mobile content provider Upstream Telecommunications.
EUROPE - 3i sells venture portfolio for less than half value
London-based private equity firm 3i has reportedly sold its venture portfolio to an unnamed bidder for around ТЃ100m, a substantial discount to the approximate ТЃ250m book value.
UK - Finance Wales further backs Outlook Expeditions
Government-backed investor Finance Wales has supported youth expedition company Outlook Expeditions with a ТЃ730,000 debt and equity investment.
GERMANY – Duke Forest divests O3SIS
Duke Forest Capital has sold its portfolio company O3SIS AG, a provider of carrier-grade mobile software solutions, to listed Gemalto NV for an undisclosed amount.
UK - YFM further invests in BeCheeky.com
The YFM Group has further invested in online retailer BeCheeky.com as part of a second round of funding for the company.
UK- Pantheon sells fund interests
PIP, the London-listed investment trust of Pantheon Ventures, has sold a number of its fund interests in an effort to boost the company's liquidity to meet its commitments.
BELGIUM - Gimv leads EUR 10m VCST investment
Gimv has lead a EUR 10m investment into auto part manufacturer VCST, alongside venture investor LRM.
GERMANY/NETHERLANDS - Advent-backed Oxea acquires ester plant from ExxonMobil
Advent International portfolio company Oxea has agreed to acquire an Amsterdam-based ester production plant from ExxonMobil.
UK/SWITZERLAND/SWEDEN – KKR's Alliance Boots circles Swedish pharmacies
KKR portfolio company Alliance Boots is reported to be interested in acquiring a portfolio of pharmacies being sold by Apoteket, which is owned by the Swedish state.
UK - Trade bodies request govt-backed VC fund-of-funds
Venture capital, biotechnology and IT trade bodies have sent a proposal to Lord Mandelson detailing the need for a new ТЃ750m government-sponsored fund-of-funds to support the declining venture capital industry.
UK - 3i et al. invest further £5.1m into Metalysis
A consortium of existing investors, comprising 3i, Environmental Technologies Fund, Chord Capital, Seven Spires Investments and Cody Gate Ventures, has invested in excess of ТЃ5m into specialist metals and alloys producer Metalysis Ltd.
GERMANY - Wellington Partners invests EUR 8m into Experteer
Wellington Partners, via Wellington Partners Ventures III, has invested EUR 8m into career service Experteer GmbH.
IRELAND - Roche et al. invest additional EUR 3.3m into Opsona
Roche Venture Fund and Enterprise Ireland have invested more than тЌ3m into biotechnology company Opsona Therapeutics in an extension to the company's series-B funding round, bringing the total to in excess of тЌ21m.
BELGIUM - Capital-E backs EUR 1.11m CMOSIS funding
Capital-E portfolio company CMOSIS has raised just over EUR 1m in a series-B financing round subscribed to by existing shareholders and management.
SWEDEN - Sixth Swedish pension fund buys Arvika from administration
The Sixth Swedish Pension Fund (AP6) has acquired Arvika Gjuteri, a manufacturer of parts for trucks, agricultural and construction equipment that recently went into administration.