Deals
SPAIN – Axón backs e-invoicing firm
Axón Capital has invested in e-invoicing firm Doc on Time in a deal valued at approximately EUR 1.5m. Previous investors include Invernostra, del Grupo SA Nostra-Caja de Baleares and Corporación Caja Navarra.
ITALY – Industriekapital acquires Faral
Bavaria Industriekapital has acquired radiator manufacturer Faral SpA from the Swiss Zehnder Group, a global player in the heating and climate control business. The parties also signed an agreement to ensure the ongoing supply of key components to the...
ITALY – Mittel to acquire E.Capital
Mittel is in the process of acquiring 100% of investment management advisory E.Capital Partners, in a deal valued at around EUR 50m.
SWEDEN - Eqvitec acquires Mantacore
Eqvitec Technology Fund III has acquired a majority stake in Mantacore AB, a supplier of complete policy management systems for insurance companies and brokers, for an undisclosed value, with the management retaining a minority shareholding in the business....
SWEDEN - EQT sells 22% of listed Duni
EQT I and EQT III have, through Duni Holding AB, sold 10,400,000 shares in Duni AB, representing 22.13% of the shares in the business, to Swedish and international investors.
UK - Consortium backs £10m third funding round for Revolymer
Revolymer Ltd, a polymer technology company, has closed a ТЃ10m third round of funding from new investors Sloane Robinson, Lehman Brothers International and Naxos Capital Managers, and existing backers Swarraton Partners and IP Group Plc, an intellectual...
FRANCE - Candover recapitalises Qioptiq Group
Candover has completed a recapitalisation of portfolio optical solutions company Qioptiq Group. Financial terms were not disclosed, other than that European Capital and parent company American Capital collectively invested USD 85m in a mezzanine tranche....
UK - ETF and AGF back £5m Novel Polymer Solutions funding
Environmental Technologies Fund (ETF) and Advantage Growth Fund (AGF) have participated in a ТЃ5m funding round for polymer technology company Novel Polymer Solutions Ltd (NPS) alongside private investors.
FINLAND - Eqvitec Technology acquires Powernet
Eqvitec Technology Fund III has acquired the majority of the shares in Powernet Oy, a power supplies provider, for an undisclosed sum. Management maintains a significant stake in the business.
GERMANY - Neuhaus Partners invests more in anti-spam firm
Neuhaus Partners has increased its stake in antispameurope GmbH, a provider of managed email security services.
FRANCE – Elaia leads EUR 10m investment into Wyplay
Elaia Partners has led a EUR 10m second round investment into audiovisual equipment manufacturer Wyplay. Elaia was joined by A Plus Finance and existing investor Sofinnova Partners, which contributed EUR 4m to Wyplay's first round of financing in October...
BELGIUM – GIMV completes exit from Westerlund
GIMV and the Westerlund family have sold their remaining shares in Belgian port operator Westerlund Group to infrastructure investment fund Babcock & Brown, which acquired a minority stake in the group last December. The deal makes Babcock & Brown the...
UK - YFM invests in MMIC
YFM Group has joined existing investors Scottish Enterprise, NESTA and AEGF in a further ТЃ2.7m series-A funding round for MMIC Solutions Ltd, a supplier of module and subsystem solutions for commercial millimetre wave applications.
SPAIN – CVC-backed paper producer acquires French distributor
Paper producer Torraspapel, part of CVC-controlled Lecta Group, has acquired French paper distributor Secmar.
GERMANY – Hanse Industriekapital acquires Balda subsidiaries
According to reports, Hanse Industriekapital has acquired Balda Solutions and Balda Werkzeugbau from German mobile phone supplier Balda AG.
GERMANY – KKR in talks to merge NXP with Infineon
According to reports, KKR is in talks with the chairman of German chipmaker Infineon to merge the business with portfolio company NXP.
GERMANY/US – Consortium invests in CoreOptics
A consortium of investors, comprising T-Com Venture Fund, GIMV, Crescendo Ventures, TVM Capital, High Tech Private Equity, Atila Ventures and Quest for Growth, has closed a USD 25m funding round for CoreOptics, a manufacturer of Gbps optical networking...
GERMANY – ECM backs MBO of Maredo
Equity Capital Management GmbH (ECM) has backed the secondary MBO of steak house chain Maredo. Managing director Uwe Büscher, marketing director Rita Hans and finance director Dietrich Etzler have collectively acquired 15% of the share capital.
GERMANY – b-to-v investor circle backs Online Advertising Solutions
The b-to-v investor circlehas led an undisclosed investment into Online Advertising Solutions. Daniel Klein, founder of online payment solutions service moneybookers, and existing stakeholders also participated in the financing.
UK - Barclays acquires 38% of MRH
Barclays Private Equity has acquired a 38% stake in MRH (GB) Ltd, an owner and operator of petrol filling stations, for an undisclosed sum.
ITALY – Private equity interest in snack and beverage distributor
Merrill Lynch Global Private Equity and Argan Capital are set to launch an auction to find a new buyer for snack and beverage distributor N & W Global Vending. Several private equity buyers are reported to be potentially interested in making a bid, including...
ITALY – Intesa Sanpaolo invests in Somacis Group
Intensa Sanpaolo’s Fondo Mezzogiorno has acquired a 20% stake in electronics manufacturer Somacis Group for an undisclosed sum.
FRANCE – Sofinnova et al. inject EUR 7m into Qosmos
A syndicate comprising Sofinnova, Alven Capital and GFK AG has invested EUR 7m into software company Qosmos in a third financing round.
UK - MSIF's Mezzanine Fund in £1m buyout of Sterling Scaffolding
Merseyside Special Investment Fund (MSIF) has invested ТЃ350,000 from its Mezzanine Fund to support the ТЃ1m buyout of scaffolding supplier Sterling Scaffolding Services Ltd.