Deals
FRANCE - XAnge leads EUR 3.1m investment in Luneau Technology
XAnge has led a EUR 3.1m third round of financing for Luneau Technology, a company that specialises in the development of ophthalmic technologies. The private equity house invested EUR 2.5m via its fund XPansion, with the balance being provided by Califfe...
SWITZERLAND - Aescap backs second closing of CHF 32m Vivendy funding round
Aescap Venture has joined the existing investor base consisting of BioMedInvest, LSP Life Science Partners and TVM Capital in a second closing of a CHF 32m series-A financing round for Vivendy Therapeutics.
BELGIUM - 3i sells ABX LOGISTICS for EUR 750m
3i has sold ABX LOGISTICS Worldwide to DSV, the Nordic region's biggest trucking company, for EUR 750m. In March 2005, 3i acquired a majority stake in ABX from Belgium's national railway company, SNCB Holding.
ITALY - MPS Venture et al acquire Dynamic Technologies
A syndicate comprising MPS Venture, through MPS Venture 2, Palladio Finanziaria (Venice Spa), Friulia and Abacus Invest have acquired Dynamic Technologies from Absolute Venture and MPS Venture 1.
ITALY - Magenta sells Cifa to Zoomlion
Now liquidated private equity firm Magenta has sold its only portfolio company to a consortium comprising Chinese heavy machinery firm Zoomlion, Goldman Sachs Private Equity, Mandarin Capital Partners and Hony Capital, in a EUR 500m deal.
ITALY - 3i invests EUR 118m in AP Bags
3i has signed an agreement to invest EUR 118m for a 49% stake in the handbags and accessories division of Antichi Pellettieri Spa, the Italian branded leather accessories subsidiary of Mariella Burani Fashion Group. The deal will see the division spun...
AUSTRIA - Buy_Out CE II acquires Chemson Polymer-Additive
Buy_Out Central Europe II Beteiligungs-Invest AG has acquired Chemson Polymer-Additive AG, a manufacturer of polymer additives that are used during production of PVC, for an undisclosed amount.
UK - 3i acquires Uponor infrastructure unit in £100m deal
3i has acquired Finland-based Uponor Corporation's UK infrastructure unit in a buyout that values the company at ТЃ100m.
UK - YFM supports £1.1m Gnodal funding
YFM Group managed South West Ventures Fund has supported Gnodal, a data technology developer, alongside NESTA and private investor Adrian Beecroft in a ТЃ1.1m funding round.
SWEDEN - InnKap and Investor sell Amic to Johnson & Johnson
InnovationsKapital and Investor Growth Capital have sold their stakes in Amic, a developer of vitro diagnostic technologies, to Johnson & Johnson for an undisclosed sum.
GERMANY - Earlybird invests in Smoodoos.com
Earlybird has invested in just us & friends GmbH, operator of childrens online portal www.smoodoos.com. This makes Earlybird the first institutional investor following an earlier seed financing provided by Business Angels Tino Schöninger and Yulian Patzelt...
SPAIN - Kennet leads EUR 22m funding round for software firm
Kennet Partners has led a EUR 22m series-B financing round for software developer NTRGlobal, alongside Atlas Ventures and existing investors Debaeque and Elaia Partners.
UK - Aberdeen reaps 4x returns from £43m Brookhouse sale
Aberdeen Asset Managers Private Equity has sold specialist aerospace components company Brookhouse Holdings Ltd to Kaman Corporation for ТЃ43m, generating returns of 4x the capital invested.
NORWAY - CapMan and InnovationsKapital fund Crayon
CapMan Technology 2007 fund and InnKap 4 have invested an undisclosed sum in Crayon, an IT consultancy business that is owned by Norwegian parent Artix AS, for a 20% stake in the parent group with equal holdings after the transaction has closed. The current...
FRANCE - Granville Baird portfolio company makes acquisition
Granville Baird's portfolio company Zarges Tubesca Group has acquired aviation ground equipment company Group Albret. The transaction was financed with a debt-only package.
UK - AFM invests £2.5m in ULive
Alliance Fund Managers (AFM) has invested ТЃ2.5m through the Merseyside Special Investment Fund's Liverpool Seed Fund into ULive Plc, a company that commercialises intellectual property generated by the University of Liverpool.
SWEDEN - Industrifonden leads SEK 15m investment into ScandiDos
Industrifonden has led a SEK 15m funding round for ScandiDos AB, an Uppsala-based developer of a system for the quality control of cancer treatments.
AUSTRIA - Morgan Stanley and BAST invest in Breitenfeld
Morgan Stanley Private Equity and BAST Investment Group have acquired a 38.5% stake in specialty steel producer Breitenfeld AG from the majority shareholders Fides Privatstiftung and Fortis Privatstiftung, who recently bought back the shares owned by...
NETHERLANDS – Icos and Capricorn invest in Ensartech
Icos Capital and Capricorn Cleantech Fund have invested in Ensartech, a Dutch company specialising in waste conversion technology.
UK - NBGI completes £16m Rock Asphalt acquisition
NBGI Private Equity has acquired roofing provider Rock Asphalt in a ТЃ16m buyout.
GERMANY - Equita acquires Karl Eugen Fischer Holding from Halder
Equita GmbH & Co Fonds 3 KGaA has purchased a majority participation in Karl Eugen Fischer Holding GmbH, through a secondary buyout from funds managed by Halder Beteiligungsberatung for an undisclosed amount.
SPAIN – Ahorro Corporación sells electronics firm to Siemens
Ahorro Corporación has sold electronics firm Fábrica Electrotecnica Josa (BJC) to Siemens.
ITALY - DLJ Merchant Banking backs Guala MBO
According to reports, DLJ Merchant Banking Partners, the private equity arm of Credit Suisse, will back the management buyout and subsequent delisting of Guala Closures, a maker of spirit and wine bottle tops.
FRANCE - EUR 2bn Converteam deal provides partial exit for BPE
According to reports, Barclays Private Equity (BPE) has completed a partial exit of power conversion engineering company Converteam in what is set to be the largest secondary buyout of the year, with a value of around EUR 2bn, backed by LBO France.