Deals
Chemicals: Is private equity getting the mix right?
While the alchemists of old never succeeded in turning lead into gold, private equity investors are seeing opportunities to profit from the chemicals sector. With a swathe of recent activity in the industry, including a major exit, chemicals companies...
Zeus backs Electra-net acquisition
Zeus Private Equity-backed Electra-net (UK) has acquired KeTech 2As Ltd from the KeTech Group.
Midven sells Dynamic Change for c£9m
Venture capital investor, Midven, has sold Dynamic Change to Aim-listed Allocate Software, for about £9m, reaping 8x returns on the cash investment.
Industries et Finances nets 4.5x return in Caterine group sale
Industries et Finances has divested its stake in restaurant business Caterine Restauration to trade player Compass Group.
Mid Europa invests in Czech Energy 21
Mid Europa Partners has signed an agreement to purchase a stake in Czech solar power operator, Energy 21, for an undisclosed amount. The deal is subject to regulatory clearance.
Avenir Entreprises in Labaronne Citaf SBO
Private equity investor Avenir Entreprises has backed the secondary management buyout of French cistern manufacturer, Labaronne Citaf.
Next Wave-backed TORA invests in Simply Zesty
Next Wave Partners portfolio company The Oxford Research Agency (TORA) has acquired a minority share in Irish online public relations and social media agency, Simply Zesty.
Terra Firma ‘confident’ on EMI debt
Terra Firma says it is confident it will meet its debt obligations to Citigroup into the next year, according to reports.
CVC sells 4.2% share in IG Group
CVC Capital has sold its 4.2% stake in IG Group, a UK betting company, worth an estimated £58m.
Take-privates: Private equity firms scan the market
Despite a broad recovery in world stock markets, listing portfolio companies has been somewhat hit and miss in early 2010. While few companies have made the leap to public ownership, there have been a string of take-private deals in recent months, suggesting...
AGF et al. in €8m round for Crocus
AGF Private Equity, CDC Innovation, CEA Investissement, Nanodimension, Sofinnova Ventures and Ventech have raised an €8m series-C round for IT firm Crocus Technology.
LBO France to sell Medi-Partenaires
LBO France is planning to sell its stake in French clinic operator Medi-Partenaires, according to media reports.
Consortium backs O-Flexx Technologies with €6.7m
SET Venture Partners, Atmos SpA, BankInvest, Emerald Technology Ventures, Partech International, SAM GmbH, and Schneider Electric Ventures SAS have invested €6.7m in cleantech company O-Flexx Technologues GmbH.
Rockport co-leads $40m round for Think
Venture capital firm Rockport Capital Partners and Ener1, a lithium-ion battery manufacturer have co-led a $40m financing round for electric car manufacturer Think.
PINOVA Capital takes a participation in Hemoteq AG
PINOVA Capital has invested in medical technology company Hemoteq AG in Würselen.
Criteo achieves $7 million in series-C funding
Criteo has raised $7m from Bessemer Venture Partners in a series-C funding, bringing total fundraising to $24m.
Candover-backed Parques Reunidos considers IPO
Candover-backed Parques Reunidos, the Spanish theme park, has turned to JP Morgan, Morgan Stanley and Credit Suisse for assistance preparing its IPO.
Oaktree in Almatis debt-for-equity swap
Oaktree Capital Management, which holds around 46% of alumina maker Almatis' senior debt, is set to take control of the company in a debt-for-equity swap.
Altor-backed Apotek Hjärtat acquires Ada AB
Altor-backed pharmaceutical business Apotek Hjärtat has wholly acquired Ada AB from its parent Tamro Group for an undisclosed sum.
BlueGem to acquire Liberty
London-based private equity operator BlueGem is in the process of presenting an offer for the acquisition of an 86.3% stake luxury department store Liberty, according to market rumours.
Nauta leads €2.5m round for Groupalia
Venture investor Nauta Capital has led a €2.5m series-A round for online discount site Groupalia, alongside La Caixa, the company’s founders and its CEO.
Terra Firma investors vote on EMI
Reports suggest Terra Firma’s investors will be voting on whether the future of EMI lies with Terra Firma or if the private equity house will default control over the debt-laden music label.
BayBG invests in Insider Group AG
BayBG has invested in Insider Group AG, which runs an online accommodation booking portal, acquiring a minority stake.
EPi-V backs sands systems developer Scarlet
EPi-V has completed a series-A venture financing of sand control systems developer Scarlet. No financial details have been disclosed.