Deals
FRANCE - ENEX supports Louise Entreprises
Geneva-based ENEX Group has backed perfume company Louise Entreprises with an investment valued at between EUR 1-8m.
FRANCE - Giannoni sale cancelled
Condensing technology company Giannoni, which was put on the block in June 2008 and had been courted by a series of buyout houses including LBO France, has been taken off the market.
UK - HSBC Private Equity sells TDG
HSBC Private Equity has wholly exited its investment in Transmission & Distribution Group (TDG), a supplier of partial discharge monitoring systems for electrical utilities and heavy industry, through a trade sale to Qualitrol Corporation for an undisclosed...
MOLDOVA - Horizon Capital-backed GC Prim secures $10m loan
Glass Container Prim (GC Prim), which is backed by Ukraine- and Moldova-based Horizon Capital, has secured a $10m 6-year loan from the Black Sea Trade and Development Bank.
FRANCE - Oddo and Galiléo back MeilleurMobile with EUR 3m
Oddo Private Equity has joined returning investors Galiléo Partners and Fastnet Investissements for a EUR 3m third round of financing for online mobile telephone retailer MeilleurMobile.
FRANCE/US - Elaia et al. invest EUR 11m into GOOM Radio
Elaia Partners, Partech International, Wellington Partners and 123 Venture have invested EUR 11m into Go On Media, the owner of digital radio station GOOM Radio.
UK - BlueGem invests £15m into Panmure
Mid-market investor group BlueGem Capital Partners has invested ТЃ15m into beleaguered listed stockbroker Panmure Gordon, taking a 40% stake in the business.
SWEDEN - CapMan sells Xlent to management
CapMan has sold its 28% stake in Swedish business XLENT Consulting to company management, backed by activist investor Neqst Partner.
SWEDEN - CapMan acquires Metals and Powders
CapMan has acquired a majority stake in the family-owned business Metals and Powders Holding AB (MPH).
AUSTRIA - Perusa sells Guss Komponenten to mutares
Perusa Partners has sold metal parts company Guss Komponenten GmbH to listed mutares AG for an undisclosed sum.
UK - Accel Partners et al. complete £4m Autoquake investment
Accel Partners and Highland Capital Partners have further backed online used-car retailer Autoquake with a ТЃ4m investment.
FINLAND - Nexit-backed Limbo to merge with Brightkite
Nexit Venture-backed mobile social networking site Limbo has merged with fellow social networking platform Brightkite. The two communities will operate under the brand name Brightkite.
GERMANY - Doughty backs SoundCloud with EUR 2.5m
Doughty Hanson Technology Ventures has invested EUR 2.5m into online music platform SoundCloud.
UK - Axa interested in Hutton-backed JHA
Axa Private Equity is known to be one of four bidders that have submitted a first round offer for James Hull Associates (JHA), a cosmetic and specialist dental chain that is backed by mezzanine house Hutton Collins.
FINLAND - NorthZone et al. invest $15m into Imbera
NorthZone Ventures, Index Ventures, and Conor Venture Partners have invested $15m into technology company Imbera Electronics as part of a series-B funding round.
SWEDEN - KKR et al. back buy-back of Skype
Private equity groups KKR, Warburg Pincus, Providence, and Elevation Partners are reportedly backing Skype founders Niklas Zennstrom and Jannus Friis in their bid to re-acquire the global telecommunications company from eBay.
FRANCE - Crédit Agricole PE and Scientipôle Capital in EUR 1m round for SaaS firm
Crédit Agricole Private Equity and Scientipôle Capital have invested EUR 1m into software as a service company (SaaS) firm Scan & Target in a series-A round.
GERMANY – DVC leads EUR 8m round in KeyNeurotek Pharmaceuticals AG
DVC Deutsche Venture Capital has led a EUR 8.2m Series-C round of funding for KeyNeurotek Pharmaceuticals AG.
ITALY – PAI-backed Saeco could be sold to Philips
Market rumours suggest that PAI Partners' portfolio company Saeco, manufacturer of coffee machines, could be sold to Dutch giant Philips.
GERMANY – Perusa acquires Karlie Heimtierbedarf GmbH
Perusa Partners has, together with the management, wholly acquired pet products company Karlie Heimtierbedarf GmbH. Perusa made the investment via Perusa Partners I.
UK- Dunedin-backed WFEL secures £18m contract with US Dept of Defence
WFEL Limited, the defence engineering group backed by private equity house Dunedin, has secured an ТЃ18m contract with the US Department of Defense to supply it with military bridging systems.
FRANCE - Althera and Sopromec acquire Clairvoie
Althera Capital and Sopromec have acquired specialty food retailer Clairvoie in a secondary buyout, alongside the company's manager Bruno Madelaine.
FRANCE – NI Partners sells Lina's
NI Partners, part of Natixis Private Equity, has sold its portfolio company sandwich shop chain Lina's to Cogexco, a family holding specialised in the restaurant sector.
UK- Octopus Ventures further invests £900,000 in Phasor Solutions
Octupus Ventures has invested a further ТЃ900,000 in satellite communication company Phasor Solutions, as part of a ТЃ1.5m funding round.