Deals
GERMANY - Seventure leads EUR 5m funding round for conject AG
Lead investor Seventure and existing investor Earlybird have injected EUR 5m in software company conject AG.
UK - Hotbed invests £2.1m into Gymbox
Hotbed has supported fitness club Gymbox with a follow-on investment of ТЃ2.1m.
GERMANY - CMP divests Lloyd Dynamowerke
Capital Management Partners has divested its majority shareholding in electrical and drive system manufacturer Lloyd Dynamowerke to Kirloskar Electric Company Ltd, a sector player operating in the Indian and Asian markets.
NETHERLANDS - Egeria sells Royal van Lent to LVMH
Egeria has sold its stake in Royal van Lent, a designer and builder of luxury custom yachts, to luxury product group LVMH Moet Hennessy.
FINLAND - Ratos completes SEK 473m refinancing of GS-Hydro
Ratos has completed a SEK 473m recapitalisation of portfolio company GS-Hydro, a supplier of non-welded piping systems.
BELGIUM - 3i sells Electrawinds
3i has sold its minority stake in renewable energy company Electrawinds to the founding majority shareholders.
TURKEY – Abraaj acquires 50% of Numarine
Abraaj Capital has acquired a 50% stake in Turkish luxury-yacht manufacturer Numarine.
ITALY - Change Capital to sell Jil Sander for EUR 167m
Change Capital Partners has agreed to sell fashion brand Jill Sander Group to Tokyo-listed apparel group Onward Holdings Co Ltd and its European subsidiary, GIBO Co SpA for EUR 167m.
GERMANY – Cerberus sells Peguform to Polytec
Cerberus Capital Management has sold auto parts manufacturer Peguform Group to Austrian strategic investor Polytec Holding AG for an undisclosed amount.
SWEDEN - Scope invests SEK 30m into SafeTool
Scope has invested SEK 30m into SafeTool, a supplier of technological solutions for facilities management on construction sites.
UK - LDC acquires Leasedrive Velo from Lyceum for £80m
LDC has acquired vehicle management group Leasedrive Velo in an ТЃ80m secondary buyout from Lyceum Capital.
UK - Charterhouse considers Lucite sale
Reports suggest that Charterhouse Development Capital is considering a sale of Lucite International, a manufacturer of acrylic-based products, which is thought to have an enterprise value of ТЃ1.3bn (USD 2.5bn).
UK - August completes £37m SBO of Accura Support Services
August Private Equity has backed the ТЃ37m secondary buyout of support services company Accura Support Services Ltd from Barclays Ventures.
NORWAY - Chapdrive secures NOK 30m from Northzone et al
Existing investors Northzone Ventures, Hafslund Venture and StatoilHydro Venture have invested a further NOK 30m (EUR 3.75m) into Chapdrive, a developer of patented systems for hydraulic transmission in wind turbines.
UK - CBPE backs £129m Warwick buyout
Close Brothers Private Equity (CBPE) has backed the ТЃ129m buyout of speciality chemicals business Warwick International from its US parent, Sequa Corp, which is owned by Carlyle Group.
GERMANY – caption backs MBO of svt Group
Capiton has, together with CFH and the management team, backed the MBO of svt Group, a provider of in fire protection and damage management systems, for an undisclosed sum.
SWITZERLAND - DEFI Gestion acquires Plumettaz
DEFI Gestion SA, via DEFI EuroCap III, has acquired cable machinery company Plumettaz SA from its family owners for an undisclosed sum. Messrs Gérard and Denis Plumettaz will remain in the group as minority shareholders.
CEE - Good Energies sells Romanian wind farms for EUR 1.1bn
Good Energies has sold its share in two Romanian wind farms to Czech utility company CEZ for EUR 1.1bn.
UK - Oxford Capital exits Infobasis for USD 5m
Oxford Capital has sold its stake in human resources software specialist Infobasis to Nasdaq-listed HR and data software provider Salary.com Inc in a USD 5m deal.
UK - Alchemy completes £90m Noonan acquisition
Alchemy Partners has acquired cleaning company Noonan Services Group in a deal valued at over EUR 90m.
GERMANY – Neuhaus leads Charismathics investment
Neuhaus Partners GmbH has led an undisclosed investment into software company Charismathics GmbH in a first round of funding. BayBG Bayerische Beteiligungsgesellschaft mbH, Bayern Kapital GmbH and the management also participated in the financing.
RUSSIA – Mint Capital injects USD 10m into Tinkoff
Mint Capital has injected USD 10m into restaurant chain Tinkoff Restaurants.
UK - Clayton, Dubilier & Rice acquires BTG for £417m
Clayton, Dubilier & Rice has agreed to acquire Bodycote Testing Group (BTG), the materials testing subsidiary of Bodycote Plc, in a deal valued at around ТЃ417m.