Deals
UK - Azini leads USD 6.5m Antenova investment
Azini Capital Partners has led a USD 6.5m investment into antennas provider Antenova Ltd, alongside existing backers Spark Ventures, First Ventures, Herald Ventures and Loudwater Investment Partners.
ITALY – Cape and Progressio complete cosmetics acquisitions
Cape and Progressio have supported the management buyout of b2b cosmetics businesses Gamma Croma and Clavis, which will be merged under the name Chromavis Gamma & Clavis Group industry.
SPAIN – ACP backs EUR 1.7m Xperience funding
Active Capital Partners (ACP), through the ACP Molins Capital Inversión fund, has participated in a EUR 1.7m series-A financing round for IT consultancy firm Xperience Consulting.
CYPRUS - RC2 invests EUR 30m into EPH
RC2 has acquired a 21.3% stake in Cyprus-based holding company East Point Holding (EPH) for EUR 30m.
UK - Prime Technology backs spinout from Philips
Prime Technology Ventures has backed the spinout from Philips Technology Incubator of amBX UK Ltd, a developer of technology designed to improve the entertainment experience of a range of media, for an undidsclosed sum.
SPAIN - Miura acquires Grupo Atrezzo in EUR 30m deal
Miura Private Equity has acquired a majority stake in mannequin and accessories business Grupo Atrezzo in a deal valued at EUR 30m, with the founders, Josep Güell and Gloria Tejeiro, retaining the balance of the equity.
SPAIN - Arques acquires Bpack
Arques Iberia has acquired transport service provider BPACK for a symbolic purchase price. The investor intends to merge the business with its existing portfolio company, ASM, which operates in the same sector and was acquired earlier this year.
NORWAY - Viking Venture invests NOK 10m into Signicat
Viking Venture has invested NOK 10m into IT firm Signicat, taking a 22% stake in the business.
ITALY - JH Partners acquires remaining 30% stake in La Perla
US-based investor group JH Partners has acquired the remaining 30% stake in portfolio company La Perla Group, a producer of underwear, from Alberto Masotti's holding company Nute Partezipazioni Holding.
UK - AFM invests £350,000 into Flasma Steps
Alliance Fund Managers (AFM), through the Merseyside Special Investment Fund Liverpool Seed Fund, has invested ТЃ350,000 into Flasma Steps Ltd, a developer of floor-based screen systems.
IRELAND - Celtic House and Capital-E lead USD 14m Movidia funding
Celtic House Venture Partners and Capital-E have led a USD 14m series-A funding round for mobile phone video processor company Movidia, alongside Emertec Gestion, AIB Seed Capital Fund and Enterprise Ireland.
FRANCE - Ventech et al invest EUR 8m into Augure
New investors Ventech and Serena Capital have joined returning backers Société Générale Asset Management (SGAM AI), OTC Asset Management and Ouest Ventures in an EUR 8m fourth funding round for software business Augure.
NETHERLANDS - PTV completes spinout of five technology ventures
Prime Technology Ventures (PTV), together with Philips Corporate Technologies, has completed the spin-out of five technology ventures from the Philips Corporate Technology incubator venturing program.
CEE – Riverside acquires Metrolab to bolster Diatron
The Riverside Company has acquired Argentine chemical analyzer UV-Vis Metrolab as a bolt-on to Diatron, a Hungarian maker and marketer of hematology analysers for the human and veterinarian markets.
UK - KKR-backed Boots acquires Megapharm
KKR-backed pharmaceuticals retailer Alliance Boots has acquired a 90% stake in German oncology product distributor Megapharm. Matthias Ackerman, Megapharm's chief executive, will retain the balance and will continue to lead the business.
ITALY - Aksia and Alcedo acquire Gimi
Private equity funds Aksia and Alcedo have collectively invested approximately EUR 28m to support the buyout of household goods manufacturer Gimi Spa, taking a majority stake in the business.
CEE – iEurope yields 2.3x return on ATech Elektronika sale
iEurope has sold Slovenia-based portfolio company ATech Elektronika, a designer and manufacturer of proprietary electronics assemblies, generating a 2.3x cash-on-cash return on its investment and a 18% IRR.
NETHERLANDS/GERMANY - Wadinko and PPM Oost support IBL
Wadinko and PPM Oost have invested an undisclosed sum into IBL International, a specialist developer of in-vitro diagnostic tests.
GERMANY - S-UBG AG invests in Op-tection GmbH
S-UBG has taken a minority stake in measuring technology company Op-tection GmbH for an undisclosed sum.
UK - EV and AFM make follow-on investment into Chromatide
Enterprise Ventures (EV) and Alliance Fund Managers (AFM) have completed an undisclosed follow-on investment into polymer technologies specialist Chromatide Ltd.
ITALY - Cape acquires ITP
Cimino & Associati Private Equity (Cape), via the Cape Natixis Due Fund, has acquired a 70% stake in textile manufacturers ITP Spa and Tessitura Imperiali Srl in a management buyout deal.
FRANCE - CIC acquires ORC
CIC LBO Partners has supported the management buyout of public relations and human resources advisory firm ORC Image et Stratégies d’Employeur, alongside CM-CIC Capital Privé.
FRANCE - Advent spins out Experian card processing unit
Advent International, along with La Poste subsidiary Doc@post, has acquired the transaction processing activities of information processing business Experian France for a total consideration of EUR 203m.
CEE - Crossroads and FRC-backed RPG invests £101m into Ferrexpo
Crossroads- and First Reserve Corporation-backed RPG Industries has acquired a 20.79% stake in iron ore producer Ferrexpo.