Deals
Permira, Candover, Cinven lose control of Gala Coral
Gala Coral's fate is understood to have finally been sealed after its lenders have agreed to a long-awaited restructuring deal that will see Gala's mezzanine creditors take complete control of the business from private equity owners Permira, Candover...
BC Partners' Brenntag prepares IPO
BC Partners-backed chemicals distributor Brenntag is set to list on the Frankfurt Stock Exchange before summer.
KKR and Warner in break-up bid talks for EMI
KKR and Warner Music Group are reportedly in talks to launch a break-up bid for EMI, which is currently owned by Terra Firma, who acquired the business in 2007 in a £4bn deal.
VC-backed Private Sale acquires Triphunter
Shopping community Private Sale, owned by a consortium including Mangrove Capital Partners, has acquired VC-funded travel portal Triphunter.
Viking Venture in NOK 33m round for GasSecure
Viking Venture, Sintef Venture, ProVenture Seed and Norwegian state-backed venture fund have invested a total of NOK 33m in a developer of wireless gas detectors.
Advent readies Poundland for sale
Advent International has reportedly hired advisers to prepare discount retail chain Poundland for sale.
IDI buys AGF Private Equity
IDI Group has wholly acquired AGF Private Equity, a French fund-of-funds and VC portfolio management company, from Allianz France.
Carbon Trust invests in Oxsensis
Cleantech venture investor Carbon Trust has led a £3m series-C funding round for Oxsensis, a developer of industrial temperature sensors.
Catapult exits Atlantic Link
Catapult Venture Managers (CVM) has exited its investment in software provider Atlantic Link via a trade sale to Kaplan IT Learning in a deal of undisclosed value.
Ibersuizas to bid for SOS rice division
According to market sources, Spanish private equity investor Ibersuizas is set to present a bid for the rice division of food group SOS.
3i to sell Panreac
It is understood that 3i is preparing the sale of its Spanish chemical business Panreac.
Private equity puts retail on the shopping list
Quite surprisingly, the retail sector has been generating significant interest from private equity as of late, indicating that this area of the market has the potential to return to its pre-credit crisis glory. Deborah Sterescu reports.
Providence's KDG cuts IPO share number
Providence's Kabel Deutschland has reduced the number of shares it plans to offer in its IPO 22 March on the Frankfurt stock exchange.
AGF leads €13.1m round for Genticel
AGF Private Equity has led a €13.1m round for biotech business Genticel alongside three new investors: Institut Régional de Développement Industriel (IRDI), Amundi Private Equity Funds and CDC Entreprises’ InnoBio fund.
FVW and Clusterfonds Innovation invest in SurgicEye
FVW Investments For Your Health Beteiligungs GmbH and Bayern Kapital have provided a seven digit series-A financing round for medical technology company SurgicEye GmbH.
Carlyle takeover talks with Shanks put to an end
Carlyle is no longer in talks with waste management company Shanks over a potential takeover, as the private equity firm's lower offer of 120 pence per share was rejected outright by the business' board yesterday.
Crédit Agricole Private Equity invests €1.3m in Netzoptiker
Crédit Agricole Private Equity has invested €1.3m growth financing in online glasses and contact lenses retailer Netzoptiker GmbH.
Miura acquires 80% stake in Gescobro
Miura Private Equity has acquired an 80% stake of the leading credit management services company Gescobro.
Pricing expectations begin to level out
The latest unquote” online poll reveals that the pricing mismatch that is said to have hampered dealflow throughout last year is still noticeable, although the gap has narrowed. Mareen Goebel reports
Maven backs Applied Language Solutions with £1.4m
As a joint manager for the government-backed Capital for Enterprise Funds (CfE Fund) Maven Capital Partners has invested £1.4m in language service provider Applied Language Solutions.
BPE’s GHM Messtechnik GmbH acquires Imtron
GHM Messtechnik GmbH, a portfolio company of BPE Unternehmensbeteiligungen GmbH, has acquired Imtron Industrielle Mess- und Steuertechnik GmbH & Co KG from its founder, Werner Heinrich, who remains a minority stake shareholder.
OFI-backed IMV Technologies acquires NIFA
OFI Private Equity Capital-backed biotech firm IMV Technologies has wholly acquired has wholly acquired sector player NIFA’s shares from its founding shareholders.
Steadfast’s Falk & Ross acquires BTC activewear
Steadfast Capital’s portfolio company Falk & Ross Group has acquired BTC activewear, a UK-based promotional clothing distributor.
XAnge and Auriga invest in eXo
XAnge and Auriga have participated in a €4m financing round for eXo Platform, alongside angel investors including Sacha Labourey and Bob Bickel.