Deals
SWITZERLAND - Newfund makes maiden investment in Learnissimo
Newfund has made its first investment: purchasing a minority stake in Learnissimo, an e-learning company.
GERMANY – Quadriga-backed Tectum acquires Alex & Gross
Quadriga Capital portfolio company Tectum Group, a call centre operator, has acquired sector rival Alex & Gross Group from the management and EKK Dr Engelhardt, Kaupp and Kiefer Unternehmensbeteiligungen GmbH.
GERMANY - Stargate Capital acquires Gehring Group
Investment firm Stargate Capital has acquired specialty machines manufacturer Gehring Group from insolvency.
UK - 3i and Doughty further invest in Garlik
3i and Doughty Hanson Technology have led a ТЃ1.6m series-C funding round for online identity company Garlik, alongside management and individual investors.
CZECH REPUBLIC – ARX acquires Lexum with debt from LBBW
ARX Equity Partners has wholly acquired Czech opthamology clinic operator Lexum Group. The deal was backed by senior debt from LBBW Bank in the Czech Republic.
UK - NWBIS invests in EA Technology Ventures
North West Business Scheme (NWBIS), managed by YFM Private Equity, has invested an undisclosed sum into funding vehicle EA Technology Ventures, part of the EA Technology Group.
UK - Acton et al. invest £10m into Glasses Direct
Acton Capital Partners has led a ТЃ10m second round of funding for prescription glasses retailer Glasses Direct, alongside return backers Index Ventures and Highland Capital Partners.
FRANCE - Avenir and SocGen support Capitaine Fracasse MBI
Avenir Entreprises and Société Générale Capital Partenaires have purchased an equal minority stake in boat restaurant operator Capitaine Fracasse in an MBI deal alongside manager Olivier Jamey.
SPAIN - Vector and Suma acquire GEC
Private equity firms Vector Capital and Suma Capital (backed by Privat Bank) have acquired education consultancy GEC from Universitat Oberta de Catalunya (UOC) and La Caixa.
GERMANY - Target Partners backs Scoreloop
Target Partners has provided an undisclosed seed investment to software company Scoreloop AG.
BELGIUM - Gimv leads EUR 3m Eclipse investment
Gimv has invested EUR 2m as part of a EUR 3m series-A funding round for software business Eclipse International NV, alongside the Vlaamse Innovatiefonds Vinnof (Flemish Innovation Fund) and management.
UK - LDC invests £6.5m in NESL
LDC has invested ТЃ6.5m into engineering solutions group Nuclear Engineering Services Limited (NESL).
UK - NSEI invests further in Quick.tv
NorthStar Equity Investors (NSEI), alongside new and existing investors, has led a ТЃ335,000 funding round for online video company Quick.tv.
UK - TPG to pump more funds into British Vita
Reports suggest that TPG Capital has agreed a restructuring plan with lenders to portfolio company British Vita, a UK-based chemicals group, that will see the buyout house inject extra capital into the company, while some of the debt will be converted...
GERMANY - HTGF invests EUR 500,000 into RapidRabb
High-Tech Gründerfonds (HTGF) has invested EUR 500,000 into software prototyping company RapidRabb GmbH in a first round of financing.
FRANCE - Avenir and Siparex back Sushi West
Avenir Entreprises and the Siparex Proximité 3 fund have invested an undisclosed sum into Sushi West, a fast food sushi restaurant chain, taking a minority stake in the company.
UK - 3i reaps 4.5x on Instone sale to BPE's ATP
Barclays Private Equity-backed travel business ATP International has agreed to wholly acquire Instone International, a marine fare specialist owned by 3i, in a sale that will generate 4.5x money for the vendor according to a source close to the deal....
SWEDEN - Rite Ventures acquires Frank Dandy Superwear
Swedish private equity and venture firm, Rite Ventures, has acquired bankrupt fashion business Frank Dandy Superwear in an auction.
FRANCE - LBO France to purchase Idex
LBO France has signed an agreement with IK Investment Partners to purchase energy company Idex.
SWEDEN - Chalmers et al. support GreenClip with SEK 1.5m
Chalmers Innovation has backed GreenClip, a Swedish business which develops automated processes for attaching tags to various products, in a SEK 1.5m funding round, alongside Start Invest AB, Brunnen Invest and private investors.
UK - LDC backs £17m MBO of Cranswick Pet & Aquatics
LDC has agreed to support the ТЃ17m management buyout of bird and fish food supplier Cranswick Pet & Aquatics from listed food producer Cranswick plc.
UK - Matrix receives further proceeds from exits
In spite of adverse economic conditions, small buyout specialist Matrix Private Equity Partners has received deferred consideration on two exits originally completed in 2006 and 2007 - bringing its total IRR on the investments to 40% and 26% respectively....
GERMANY - Waterland backs A-ROSA MBO
Waterland Private Equity has backed the MBO of river cruise ship company A-ROSA Flussschiff GmbH.
IRELAND - SEP et al. invest €2.1m into Clavis Technology
Scottish Equity Partners (SEP) has led a тЌ2.1m series-A round of funding for software company Clavis Technology, alongside Delta Partners, Enterprise Ireland and software industry professional Jim Mountjoy.