Deals
UK - Rainbow Seed Fund invests £750,000 into LiteThru
The Rainbow Seed Fund and the Oxford Technology Enterprise Capital Fund have led a ТЃ750,000 investment round for drug analysis company LiteThru Ltd.
UK - Advent backs EUR 15m SEP funding
Return investor Advent Venture Partners, alongside Generali Insurance subsidiary BSI, has invested EUR 15m in a second round of funding for pharmaceuticals business Speciality European Pharma Ltd (SEP).
NETHERLANDS – Icos invests in ReSteel
Icos Capital has invested in base metals recovery company ReSteel.
GERMANY – EVP leads EUR 5.1m investment into Signature Diagnostics
A consortium of investors led by EVP Capital Management has invested EUR 5.1m into Signature Diagnostics, a developer of predictive diagnostics products for cancer, in a series-C funding round.
GERMANY - b-to-v invests in smash24/7 GmbH
BrainsToVentures AG has invested in online paparazzi portal company smash24/7 GmbH, which focuses on news and gossip around celebrities and events.
ITALY – Alto acquires Monviso
Alto Partners has acquired a stake of close to 90% in biscuit manufacturer Monviso in a deal valued at between EUR 30m and EUR 35m.
GERMANY – eCAPITAL backs 4JET Sales+Service GmbH
eCAPITAL has closed an undisclosed financing round for 4JET Sales+Service GmbH.
LUXEMBOURG - CDC commits EUR 7m to Advans
CDC Group has committed EUR 7m to Advans SA SICAR, a venture capital company investing in greenfield microfinance institutions in Africa and Asia.
UK - Capricorn leads £4.5m investment into Alaska Food Diagnostics
Capricorn Venture Partners has led a ТЃ4.5m funding round for Alaska Food Diagnostics Ltd, a company that develops microbiology tests to support the food processing and food safety testing sectors.
IRELAND - Nauta further supports MobileAware
Return backers Nauta Capital and Cross Atlantic Capital Partners have invested an undisclosed sum in MobileAware Ltd, a provider of technology for creating and managing mobile data solutions.
UK - Duke Street-backed 2e2 takes Netstore private in £58.1m deal
2e2 Holdings, an IT services company backed by Duke Street, has agreed to take IT networking company Netstore Plc private in a deal that values the company at ТЃ58.1m.
BELGIUM - CVC-backed DWB to acquire Atlanta
CVC portfolio company De Weide Blik (DWB) has received the European Commission’s approval on the proposed acquisition of German fruit and vegetable importer and wholesaler Atlanta.
UK - Cinven acquires 50% stake in Indicus
Cinven has acquierd a 50% stake in alternative investment manager Indicus Advisors for an undisclsoed sum, with management retaining the balance of the equity.
EUROPE - RBS et al sell ABN assets for £156m
Reports suggest that Royal Bank of Scotland, alongside Fortis and Santander bank, has sold a portfolio of seven private equity assets controlled by ABN Amro to a consortium led by Goldman Sachs in a deal thought to be worth around ТЃ156m.
SWEDEN - Industrifonden and Eqvitec invest SEK 40m in Netadmin
Industrifonden and existing investor Eqvitec Partners have invested SEK 40m in an expansion funding round for Swedish software business Netadmin System i Sverige AB.
UK - Apposite et al lead £10m further investment into Serentis
Co-lead investors Apposite Capital, MVM Life Science Partners and Denmark-based Novo have led an investment of ТЃ10m into biopharmaceutical company Serentis in a second tranche of series-A funding.
FRANCE - Belvedere in talks with private equity
Drinks manufacturer Belvedere is reportedly in talks with several private equity houses regarding the potential sale of around 400,000 of its listed shares, representing a 15% stake in the business.
UK - Sovereign-backed Renovo acquires 1st Saxon-Clenmay
Sovereign Capital-backed Renovo Services Group has acquired gas and electrical maintenance provider 1st Saxon-Clenmay Group for an undisclosed sum.
UK - RJD backs IPES buyout
RJD Partners has backed the buyout of IPES Holdings Ltd, a provider of outsourced fund administration services.
CEE - Advent sells Axtone to IK
Advent International has sold rail freight buffer manufacturer Axtone to IK Investment Partners.
SPAIN - Clave Mayor increases its stake in Gocco
Clave Mayor has increased its stake in children’s fashion brand Gocco to 25% in a EUR 3.3m expansion capital deal.
ITALY - Ambienta acquires 80% stake in Italiana Pellets
Ambienta Sgr has announced it will acquire an 80% stake in bio-fuel producer Italiana Pellets in a deal valued at EUR 5.4m, with the founder, Ercole Cacciami, retaining the balance of the equity. The investment, which was structured as a capital increase,...
FRANCE - PAI-backed SPIE acquires Groupe Juret
PAI Partners portfolio company SPIE has acquired Groupe Juret, a provider of electrical solutions and air condition services.
ITALY - CAPE reaps 189% IRR from Samia divestment
Cape LIVE has divested chemical manufacturer Samia, reaping a 7.24x money multiple and a 189% IRR.