Deals
UK - Merseyside Mezzanine Fund puts £400,000 into Sovex
Merseyside Special Investment Fund's ТЃ20m Mezzanine Fund has supported Sovex Ltd, a company that designs, manufactures and installs vehicle loading systems and conveyors, with a ТЃ400,000 investment.
SPAIN - SES Iberia acquires majority stake in Salgar
Espírito Santo Capital and Sigefi Private Equity, through their common fund SES Iberia, have acquired a 52% stake in bathroom accessories manufacturer Comercial Salgar in an LBO valued at EUR 48m.
SPAIN – Permira-backed Dínoslo gets go ahead
Permira portfolio company, commercial distributor Dínoslo, has announced the acquisition of seven supermarkets in the Canary Islands after approval was granted by anti-trust authorities. The deal was originally announced in December last year.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
UK - Longbow Capital backs CyDen in £2.8m funding round
Existing investor Longbow has led a ТЃ2.8m series-C funding round for CyDen Ltd, a medical devices developer, alongside Unilever Ventures.
NETHERLANDS – Lazard eyes Arcomet
According to reports, the private equity arm of Lazard and Sofina may be set to acquire a stake in crane company Arcomet. The news follows the launch in June 2007 of a sale process to find a new partner for the business.
UK - Private equity interest for RBS's insurance arm
The auction of Royal Bank of Scotlandтs insurance arm is due to begin this week and is expected to field a large collection of financial and strategic investors alike.
UK - Seraphim puts £2m in Aria Networks
Seraphim Capital has invested ТЃ2m in Aria Networks, a developer of next-generation artificial-intelligence software.
SWEDEN - Accent acquires Nordic Shelter Solutions
Accent Equity 2008 has completed the MBO of Nordic Shelter Solutions (NSS), a Swedish provider and developer of sheltering and warehousing solutions, from investors represented by Helmet Business Mentors for an undisclosed value.
SWEDEN - TPG Growth in $40m series-A funding for Albiero
Albiero, a Swedish biotechnology business, has closed a $40m series-A funding round with new commitments from TPG Growth. The company previously attracted $27m in February this year from Nomura Phase4 Ventures, TVM Capital and Scottish Widows Investment...
AUSTRIA/ITALY - Capexit acquires Anzi Besson
Capexit has acquired ski wear company Anzi Besson S.R.L., located in Turin. The business is to be held by newly established entity Besson Sportswear GmbH, which is located in Austria and owned by Capexit and the management.
GREECE – Carlyle aquires chemical distribution firm
The Carlyle Group has acquired a 73.54% stake in chemical distribution company Neochimiki LV Lavrentiadis from the Athens Stock Exchange. The deal is valued at EUR 749m; EUR 19 per share.
UK - Dunedin recaps Capula
Dunedin portfolio company Capula, an independent provider of IT automation solutions to the energy, utility and nuclear markets, has undertaken a ТЃ6m recapitalisation.
SPAIN – Caja Navarra led consortium backs game operator
Eurecan, Caja Navarra’s platform to support entrepreneurs, Ingenia Capital and the Roca Junyent family office have acquired a 31% stake in game operator Quasar Elite Spain, in a deal valued at EUR 5.1m. The remaining stake is held by majority shareholder,...
FRANCE - VC consortium exits Realviz
A venture capital consortium consisting of Intel Capital, Eurazeo, MVI Sverige, HPI Holding SA, Edmond de Rothschild Investment Partners and Solaris Asset Management have all realised their investments in Realviz after it was purchased in its entirety...
GERMANY - 3i invests in DruckChemie
3i has signed an agreement to back the buyout of DruckChemie, a speciality service provider to the printing industry, for €133m from SG Capital Europe and Quartus.
UK - Vitruvian acquires Tinopolis plc
Vitruvian Partners has reached an agreement with Tinopolis, a TV production company, to acquire the business for a total consideration of approximately ТЃ44.7m.
UK/GERMANY - Exponent investee company buys Hobsons
Target Holdings Ltd, a recruitment business and portfolio company of Exponent Private Equity, has acquired UK- and Germany-based graduate recruitment business Hobsons Plc for ТЃ26m.
SPAIN – Corpfin exits boat manufacturer
Corfin has sold its stake in yacht manufacturer Faeton in a trade sale to Astondoa, the main sector player in the Spanish market.
CEE – First Reserve and Crossroads complete NWR IPO
First Reserve Corporation and Crossroads Capital Investment have completed the listing of mining company New World Resources' (NWR) on the London, Prague and Warsaw Stock Exchanges.
GERMANY - AUCTUS aquires Dieter Braun GmbH
Funds advised by AUCTUS Management & Co KG have acquired a majority stake in operating elements company Dieter Braun GmbH for an undisclosed amount.
NETHERLANDS – KBC sells 28% of Corelio
According to sources, KBC has sold 28% of Belgian newspaper publisher Corelio. The deal value is unknown, however the company is thought to be worth in the region of EUR 165m, which would mean that the private equity house's stake is worth approximately...
RUSSIA - CVCI sells NLC for EUR 200m
Citigroup Venture Capital International (CVCI) and RosEvroGroup have sold a 90% stake of National Logistic Company (NLC), a warehousing services provider, to Finland-based Itella Group for approximately EUR 200m, with RosEvroGroup retaining a 10% holding....
GERMANY/AUSTRIA - Hannover Finanz backs MBO of HOLZ-HER Reich Spezialmaschinen
Hannover Finanz has backed the management buyout of machinery and tools manufacturer HOLZ-HER Reich Spezialmaschinen GmbH as part of a succession solution, taking over 90% of the shares of the company from the family owners.