Deals
Scope becomes majority owner in Wright Trafikkskole
Swedish growth investor Scope has taken a 65% stake in driving school Wright Trafikkskole.
AUSTRIA - GEP exits Greentube
Global Equity Partners has sold its stake in online games company Greentube to Astra Games. Global Equity Partners held the stake via HTA III Venture Beteiligungs-Invest AG.
FRANCE - Sofinnova Partners leads EUR 3.3m investment in Celsius
Sofinnova Partners has backed Paris-based specialised mobile phone producer Celsius with EUR 2.2m, in funding round raisinig a total of EUR 3.3m. AGF Private Equity provided EUR 500,000 while a number of private investors completed the funding with a...
GERMANY – Hasso Plattner Ventures co-invests in RIB Software
Venture firm Hasso Plattner Ventures and listed software company SAP AG have invested in software provider RIB Software AG.
UK - DFJ Esprit-backed PacketExchange acquires Mzima
DFJ Esprit- and Bank of Scotland Growth Equity-backed PacketExchange, the internet exchange services provider, has acquired network services provider Mzima Networks for an undisclosed sum.
UK - Gala's junior lenders could sell off debt
Junior lenders of Permira-, Cinven- and Candover-backed Gala Coral, the British gaming company, are reportedly considering selling off their debt rather than pursuing a debt for equity swap that would see them gain a considerable stake in the beleaguered...
GERMANY - HTGF and Life Science Fonds Esslingen invest in Amedrix
High-Tech Gruenderfonds and Life Science Fonds Esslingen have jointly invested a total of EUR 700,000 in the medical implants developer Amedrix GmbH.
UK - Balderton-backed Codemasters to undergo restructuring
Computer games developer Codemasters, owned by UK venture investor Balderton Capital, is reportedly close to agreeing a restructuring that will see its private equity owners inject fresh equity into the business, while seeing its stake diluted.
SWEDEN - Sunstone in EUR 12.5m FlatFrog funding
Financial investor Invus and strategic backer Promethan have co-led a financing round for technology business FlatFrog Labratories, in which existing investor Sunstone Capital also participated, worth EUR 12.5m.
UK - Mosaic-backed Preston's Fish up for sale
Mosaic Private Equity-backed Preston's Fish Insurance has been put up for sale for a price tag thought to be around £30m, and is said to be attracting interest from regional investors Gresham and LDC.
EUROPE - Exciting times for venture
Venture's simple business model of providing equity without relying on cheap finance or financial chicanery stands it in good stead for the future, argues Index Ventures' Ben Holmes in a recent video with unquote's Rikke Eckhoff.
GERMANY - Triangle and ERP invest EUR 2.5m in TakWak
Triangle Venture Capital and ERP Startfonds have invested in TakWak, a spinout from FG Microtec, in a funding round worth EUR 2.5m.
GERMANY - Odewald-backed walter services makes acquisition
walter services Holding, which is backed by Odewald & cie and caption, has agreed to acquire SEB Card Service from Swedish banking group SEB.
UK - YFM invests £120,000 into New Net Technologies
YFM, alongside management, has invested £120,000 into software company New Net Technologies in a second round of financing for the business.
UK - Finance Wales invests £315,000 into Ocelus
Finance Wales has invested £315,000 in drug company Ocelus as part of a second funding round worth close to £500,000.
UK - ICG close to securing 25% stake in CPA
Ripe from its largest ever capital gain on the £975m Apax-Marken deal at the end of December, ICG is reportedly close to acquiring a 25% stake in CPA Global, the Jersey-based patent and legal services firm, in a £400m deal.
UK - ISIS realises part of its investment in Traveljigsaw through refinancing
ISIS Equity Partners has realised part of its investment in online travel agent Traveljigsaw through a multi-million pound refinancing, which sees Yorkshire Bank more than double the facilities available to the business.
UK - Lyceum Capital acquires UKDN
Mid-market investor Lyceum Capital has acquired a majority stake in drainage claims manager UK Drainage Network for an undisclosed sum.
GERMANY - Acton acquires stake in mytheresa
Acton Capital Partners has acquired a minority stake in luxury online retailer mytheresa through an undisclosed investment.
UK - Phoenix sells Acorn Care & Education to Ontario Teachers
UK-based buyout firm Phoenix Equity Partners has agreed to sell its portfolio company Acorn Care & Education, a provider of foster care services and schools for children with learning disabilities, to one of its biggest LPs, Ontario Teachers Pension Plan.
NETHERLANDS - PPM Oost backs Heli-One MBO; re-brands NedAero
PPM Oost has backed the management buyout of aircraft parts manufacturer Heli-One Components from CHC Helicopter Corporation, acquiring a 30% stake in the new company which will trade as NedAero company.
UK - Clessidra seeks buyer for Prenergy Power
Italian buyout house Clessidra is said to be seeking a buyer for Prenergy Power, a biomass plant.
UK - Bestport in £4.5m round for Intela
Bestport Ventures has led an investment in internet marketing company Intela, committing a little over £3m in a round totalling £4.5m. ETV Capital will provide the remainder in facilities and loans.
GERMANY - Seventure and DuMont invest EUR 2m in Tradoria
Seventure Partners and DuMont Venture have invested EUR 2m in e-commerce solutions company Tradoria, in a series-B funding round.