Deals
BELGIUM - Gimv and DG Infra+ invest EUR 30m into Electrawinds
Gimv and DG Infra+ have jointly invested EUR 30m into renewable energy company Electrawinds NV via a subordinated loan with warrants.
NETHERLANDS - Gimv and AGF lead EUR 18m Prosensa funding
Gimv and AGF France have co-lead an EUR 18m series-B financing round for Dutch biotechnology company Prosensa, alongside existing investors UK-based Abingworth, and Netherlands-based LSP and Medsciences Capital.
BELGIUM – AXA PE acquires Sfinc from Gimv
AXA Private Equity, alongside company management and Axxess Partners, has purchased a majority stake in Belgian food company Sfinc from Gimv.
NETHERLANDS - PE interested in Refresco BV
According to reports, Kaupthing Singer & Friedlander-backed Dutch fruit juice producer Refresco Holding BV is being circled by private equity firms.
NETHERLANDS - ACC-backed Baarsma acquires Swiss Rutishauser
AAC Capital Partners-backed Baarsma Wine Group, a wine distribution business, has acquired Swiss wine business Rutishauser Weinkellerei.
SWITZERLAND/CHINA - CGS-backed MTH makes first add-on acquisition
CGS Management-backed Mould Technologies Holding (MTH) has acquired Chinese mould maker Suzhou Mould Technology from American injection moulding company Aptar Group.
AUSTRIA - 3TS Capital Partners exits PXP Software AG
3TS Capital Partners has divested its majority stake in PXP Software AG to the company's management.
UK - NBGI adds Smollensky's to menu
NBGI Private Equity has acquired Smollensky's Bar & Grill, a chain of steak restaurants, to add to its Kornicis portfolio of restaurants.
BELGIUM - Arkafund and Vinnof back Oxynade with EUR 1m
Venture capital firm Arkafund and Vinnof (Vlaamse Innovatiefonds), a provider of seed capital to innovative Flanders-based start-ups, have participated in a series A round of financing for internet start-up Oxynade, commiting a total of EUR 1m.
GERMANY - BayBG invests EUR 1m in Med-Titan Spine GmbH
BayBG Bayerische Beteiligungsgesellschaft has invested EUR 1m in equity and mezzanine capital in medical technology start-up Med-Titan Spine GmbH for a minority stake.
CIS - East Capital sells its 10% stake in Severnaya Kazna
East Capital Financials Fund has sold its 10% stake in Yekaterinburg-based Severnaya Kazna to the bank's new majority shareholder, Alfa-Bank, Russia, for EUR 27m.
GERMANY - Consortium invests EUR 10m in agri.capital
Ludgate Environmental Fund Limited alongside Valiance Special Situations Fund, has invested a total of EUR 10m into agri.capital, a developer and operator of biogas plants in Germany.
CEE - Enterprise Investors backs Dystrybucja Polska
Enterprise Investors has acquired a 30% stake in non-addressed mail distributor Dystrybucja Polska (Polish Distribution) in a deal valued at PLN 6m (approx. EUR 1.5m).
FRANCE - AGF, Auriga et al inject EUR 2.11m into Domain Therapeutics
Returning investors AGF Private Equity, Auriga Partners, Edmond de Rothschild Investment Partners and Sofinnova Partners have invested EUR 2.11m in Domain Therapeutics alongside new investors Alsace Inter Regio Fonds d'Investissement and Alsace Création....
SPAIN - Clave Mayor invests EUR 1m into Ikatz
Clave Mayor, via the Ronda Inovación fund, has taken a minority stake in photography specialist Ikatz in a deal valued at EUR 1m. The transaction encountered some delay because of Ikatz's acquisition of Fotosistema, and took about nine months to complete....
GERMANY - Caption invests in Fruitwork Group
Capiton has invested in fruit and nut trading company Fruitwork Group, as part of reallocating company shares and financing growth.
GERMANY - HTGF and Bayern Kapital invest in SurgicEye
High-Tech Gründerfonds and Bayern Kapital have invested in medical technology company SurgicEye GmbH.
FRANCE/GERMANY - Cognetas-backed Tokheim acquisition of Göhler
Cognetas Fund II has backed Tokheim's acquisition of Göhler Group with an equity injection of EUR 7.9m, and a further maximum commitment of EUR 7.9m over three years to meet earn-out requirements.
FRANCE - CAPE and CEA invest EUR 1.2m into EyeTechCare
Crédit Agricole Private Equity (CAPE) and CEA Valorisation have made an investment of EUR 1.2m into EyeTechCare, a specialist in medical devices, with each contributing half of the total.
NETHERLANDS - IK exits Wehkamp
IK Investment Partners has sold Dutch online shopping site Wehkamp to a group of private investors for an undisclosed sum.
Finding your way out
Doing deals is tough in the current market; exiting may be even tougher
CEE - Bancroft completes Frost acquisition
Bancroft Private Equity has acquired a 94.36% stake in Slovakia-based ice cream producer Frost.
NORWAY - Norvestor acquires Intelecom for NOK 173m
Norvestor has obtained acceptance from shareholders representing 97.3% of the share capital of communications company Intelecom Group ASA for its NOK 6 a share takeover offer, which values the business at NOK 173m, and has initiated a compulsory squeeze-out....
CEE - Mid Europa Partners increases stake in Falcon Group
Mid Europa Partners has completed the acquisition of an additional stake in Falcon Group from Lehman Brothers, taking its ownership in the business to 74.6%.