Deals
UK - Aberdeen invests in Training for Travel Limited
Aberdeen Asset Managers Growth Capital has led an investment into Training for Travel Ltd, a provider of government funded training services to travel companies.
GERMANY - Capital Dynamics co-investment team reaps 20x returns from TGE float
Capital Dynamics' co-investment team has exited a substantial portion of its stake in TGE Marine AG, a provider of engineering solutions to the offshore gas industry, through a listing on the London Stock Exchange's AIM market, which raised around £67m...
UK - MSIF invests £3m into Vitaflo
Merseyside Special Investment Fund's (MSIF) Venture Fund has invested ТЃ3m as part of a funding package to refinance nutritional products company Vitaflo.
ITALY - Cape increases its stake in Castaldi
Cape Natexis has acquired the 22.5% stake held by the founding family of lighting fixtures company Castaldi, in which it is already a majority shareholder.
UK - Smedvig supports Ocean Outdoor with £5.5m
Smedvig Capital has invested ТЃ5.5m into Ocean Outdoor, a manager of large scale advertising sites.
ITALY – Ferax acquires Lazzaroni
Ferax Merchant has acquired approximately 90% of biscuit manufacturer D Lazzaroni & C in a deal valued at EUR 25m. The remaining stake will be held by the family vendors.
SPAIN – Clave Mayor-backed Red Karaoke announces new appointments
Clave Mayor-backed online music platform Red Karaoke has announced the appointment of Justin D. Abbott and Fernando Ara as part of the company’s plan to launch the service in the US.
UK - UPF seals first deal
MTI Partners' recently launched fund UMIP Premier Fund (UPF), targeting University of Manchester spin-outs, has invested ТЃ1m into Myconostica, a medical diagnostics company, as part of a ТЃ5.4m funding round.
ITALY – Alto Partners acquires plumbing firm
Alto Partners has acquired 100% of Rubinetterie Toscane Ponsi a company specialising in the manufacture of tabs and mixers through its fund Alto Capital II.
RUSSIA - Lion Capital to acquire Russian Alcohol
Lion Capital is to acquire a majority stake in Russian Alcohol Group. Goldman Sachs and Central European Distribution Corporation, a vodka producer in Poland and Russia, will also co-invest in the company.
UK - Sovereign portfolio company acquires Intercity Group
Sovereign Capital portfolio company LPM Group, a provider of contract cleaning, security and maintenance services, has acquired InterCity Group Ltd, a supplier of office and industrial cleaning and manned guarding services.
ITALY – Clessidra-backed Giochi Preziosi acquires British firm
Clessidra-backed Giochi Preziosi has acquired British leisure products distributor La Flair for approximately EUR 11m.
ITALY – Cape acquires 65% stake in ITM
Cape Natixis has acquired a 65% stake in pipe manufacturer International Trading Manufacturing (ITM) through its fund Cape Natixis Due.
TURKEY – Turkven invests in Tekin Acar
Turkven has invested in Turkish cosmetics retailer Tekin Acar.
FRANCE – Colony and Eurazeo seeking to exit Buffalo Grill
Colony Capital and Eurazeo are reportedly seeking to divest restaurant chain Buffalo Grill. The investors staged a EUR 340m public-to-private transaction in October 2005, acquiring a combined 75% stake in the company.
FINLAND - CapMan exits StaffPoint
CapMan funds Finnventure Fund V, Finnmezzanine Fund II B & D and Finnmezzanine Fund III A, B & C have sold a combined 66% stake in StaffPoint, a Finnish staffing agency business, to Oy G W Sohlberg Ab, Varma and the company’s management, for an undisclosed...
FRANCE – 21 Centrale Partners exit Hedis
21 Centrale Partners has exited its stake in hygiene products distributer Hedis in a management buy-back supported by Sofival.
UK - RJD portfolio company acquires Rock Computers
Stone Group, which was acquired by RJD Partners earlier this year, has made its first bolt-on acquisition by buying notebook manufacturer Rock Group Plc for an undisclosed sum.
UK - Aberdeen acquires TC Communications
Aberdeen Asset Managers Growth Capital has led the buyout of marketing and communications agency TC Communications Ltd.
RUSSIA – Renaissance and Da Vinci lead USD 50m round for EPAM
Renaissance Capital and Da Vinci Capital have co-led a USD 50m funding round for EPAM Systems, a provider of software development outsourcing in Eastern Europe and Russia. Euroventures Capital also participated in the financing.
GERMANY - Shareholders invest in HSH Nordbank
According to reports, the shareholders of HSH Nordbank have agreed to increase the capital of the bank with an equity injection of EUR 1.26bn.
NETHERLANDS – Rabo Ventures et al invest EUR 300m in Econcern
Rabo Ventures and Delta Lloyd have formed a joint venture with existing investor SHV that has injected EUR 300m into sustainable energy company Econcern. All together the three firms hold a 50% stake in the company.
SWITZERLAND/CEE – PEF invests EUR 35m in PharmaSwiss
Polish Enterprise Fund VI (PEF), a private equity partnership managed by Enterprise Investors, has invested EUR 35m into PharmaSwiss SA, a provider of support services to the pharmaceutical industry and portfolio company of HBM BioVentures.
GERMANY - LSP sells U3 Pharma AG for EUR 150m
Life Sciences Partners (LSP) has entered into an agreement with Daiichi Sankyo Co Ltd that will see portfolio biotechnology company U3 Pharma AG sold for EUR 150m.