Deals
Consortium sell stake in Cognis
Permira, Goldman Sachs Capital Partners and SVG Capital have sold their stakes in Cognis to BASF.
Segulah divests NEA
Segulah has sold portfolio company Närkes Elektriska AB (NEA) to Imtech in a trade sale.
Lyceum-backed McKinnon & Clarke acquires Encore International
Lyceum Capital has acquired risk management specialist Encore International on behalf of platform investment McKinnon & Clarke for £6.25m.
Report: Nordic private equity is warming up
While buyout markets in the rest of Europe are only showing modest signs of stirring, activity levels in Europe’s most northerly region are picking up nicely, indicating that the two-year winter for local buyout investors may be giving way to spring.
Karnell acquires Kasthall
Karnell has closed the second deal for its K3 fund, with the acquisition of Kasthall Mattor och Golv AB.
3i-backed Inspicio sells part of operation to Bureau Veritas
3i owned Inspicio has sold part of its business to Bureau Veritas for £450m.
LDC backs 1st The Exchange acquisition of N4
LDC portfolio company 1st The Exchange has acquired N4 Solutions with backing from the private equity investor.
WHEB Ventures invests €4.4m in VIA Optronics
Cleantech-focused WHEB Ventures has backed German company VIA Optronics with €4.4m.
Viveris Management et al. inject €1.4m in Devederm
Viveris Management and Promelys Participations have co-led a €1.4m round of fundraising for cosmetics company Devederm.
Ashridge and Core commit £17.5m to Ark
Ashridge Capital and Core Capital have committed £17.5m to UK domiciliary healthcare provider, Ark Home Healthcare.
Almi Invest provides funding for Videofy.me
Almi Invest have provided funding for Videofy.me, an online video service based in Sweden.
Candover, Cinven, Permira exit Gala Coral
Candover, Cinven and Permira have reportedly exited Gala Coral, following a restructuring deal that sees them collectively lose most of their £1.2bn original investment - with mezzanine investors taking control of the company.
Catapult provides £900,000 for Renewable Technical Services
Catapult Venture has invested £900,000 in wind energy support provider Renewable Technical Services Ltd (RTS).
LBO France plans Medi-Partenaires exit
LBO France is working on plans to exit its stake in French healthcare provider, Medi-Partenaires SA, according to media reports.
BNPP PE backs Acropolis Telecom with additional €1.8m
BNP Paribas Private Equity (BNPP PE) has invested a further €1.8m in French telecom operator Acropolis Telecom. This is the second time BNPP PE has invested in Acropolis, having initially invested €700,000 in May 2009.
PE investors in race for Bain's TeamSystem SpA
Bain Capital's sale of Italian software company, TeamSystem SpA has attracted a number of private equity investors, according to media reports.
CVC to buy TNT
CVC is reportedly in talks to acquire a significant stake in Dutch post and logistics company, TNT, for €1.5bn.
CVC Capital to take 30% slice of Merlin
CVC Capital Partners is on the verge of closing a deal to buy a 30% share in Merlin Entertainments, the UK-based theme park group.
Ratos makes takeover offer for HL Display
Ratos has offered to acquire all remaining shares in HL Display, after increasing its share ownership to 57% of value and 79.1% of votes.
Crédit Agricole PE et al. invest €4m in Oxatis
Crédit Agricole Private Equity and A Plus Finance have injected €4m in e-commerce solutions provider Oxatis.
Nordic Capital acquire SiC Processing in SBO
Nordic Capital has acquired a majority stake in the German photovoltaic wafer producer SiC Processing from a group of sellers including Frog Capital in a secondary buyout.
Change Capital sells Republic to TPG
Change Capital Partners has exited its controlling stake in UK fashion retailer, Republic, in a tertiary sale to TPG Capital, reportedly valued at £300m.
Permira and Goldman Sachs reject Lubrizol offer
Permira and Goldman Sachs Capital Partners have rejected Lubrizol's offer for chemicals group Cognis.
Augmentum backs BullionVault
Augmentum Capital has participated in a £12.5m growth funding round for UK electronic trading services provider, BullionVault, alongside the World Gold Council.