Deals
GERMANY - DEWB leads EUR 5m investment into Nanda
Lead investor Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG (DEWB) and business angel network BrainsToVentures AG (b-to-v) have participated in a EUR 5m Series-B financing round for inspection systems company Nanda Technologies. Other investors...
GERMANY - BASF Venture Capital leads EUR 4m funding for Deutsche Rohstoff AG
BASF Venture Capital GmbH has led a EUR 4m round in raw material producer Deutsche Rohstoff AG, contributing half of the total sum.
UK - Banexi invests in Reevoo
Banexi Ventures Capital has invested in review collection and publishing site Reevoo alongside existing investors. This is the second institutional round of funding for the company, following on from an investment in 2006 from a consortium of investors...
GREECE – Carlyle to acquire chemical business
According to reports, Carlyle Group is in the process of acquiring a controlling stake in chemical company Neochimiki.
UK - Penta completes £18m GRS Group acquisition
Penta Capital has acquired international executive recruitment company GRS Group for ТЃ18m. Investec provided ТЃ5.25m of receivables and acquisition finance.
FRANCE – Activa takes 37% stake in Sport 2000
Activa Capital has acquired a 37% stake in sports retailer Sport 2000. The deal will lead to a demutualisation of the company's current co-operative structure and the regroupment of all 398 ‘co-op’ members to transform it into a private company structure....
SPAIN – 3i to re-invest in Pepe Jeans
3i is thought to be preparing the acquisition of a 30% stake in textile manufacturer Pepe Jeans, in a deal which could be worth up to EUR 150m mark.
SPAIN – Vector Capital and Ingenia Capital acquire Gas Gas
Vector Capital, the private equity arm of Caixa Penedès, and Ingenia Capital, managed by Alta Partners, have acquired a 65% stake in motorbike manufacturer Gas Gas.
UK - Baird sells ArmorGroup for £44m
Baird Capital Europe has sold its stake in security services company ArmorGroup International Plc to G4S, an international security solutions group, for a total consideration of ТЃ44m, respresenting a price of 80 pence per share in cash.
SWEDEN - Smedvig backs SelStor with £15m
Smedvig Capital has invested £15m (SEK 175m) in SelStor AB, a self storage company.
GERMANY - Wellington Partners leads investment in Retailo
Wellington Partners has led a first round of funding for gift card company Retailo AG. The size of the round was not disclosed, but was described as 'significant'.
CEE - Private equity consortium acquires GTS CE
A consortium led by Columbia Capital, M/C Venture Partners and Innova Capital has wholly acquired telecom service operator GTS Central Europe for an undisclosed sum. The consortium also includes HarbourVest Partners, Oak Investment Partners and Bessemer...
UK - August Equity portfolio company completes acquisitions
August Equity portfolio company Boat International Media Ltd has acquired The Wood Report, a database and information provider for the superyacht industry, for an undisclosed sum. In addition, the company has also acquired the remaining 50% stake in the...
UK - MTSF invests in nanoTherics
The Mercia Technology Seed Fund (MTSF) has invested an undisclosed sum into scientific medical devices company nanoTherics Ltd.
GERMANY - Leonardo Venture increases participation in Culavis GmbH
Leonardo Venture GmbH & Co KGaA has increased its stake in portfolio company Culavis GmbH by 10%, taking its interest in the business to 48%. In addition to the purchase price for the shares, Leonardo Venture is also making a silent participation, bound...
GERMANY - EQT Opportunity acquires Strauss Innovation
EQT Opportunity has signed an agreement with the shareholders of private label retail chain Strauss Innovation to acquire a majority stake in the company through a capital increase. The current majority owners, the Geringhoff family, will continue to...
CEE – Arcapita acquires Pinnacle Real Estate
Arcapita has acquired Pinnacle Real Estate, a developer and operator of logistics warehouses in Central and Eastern Europe, from Merrill Lynch for an undisclosed sum. The deal includes 230,000 square metres of leased warehouses and a land bank of nearly...
UK - 3i takes stake in environmental consultancy
3i has acquired a significant minority stake in environmental consultancy SLR from ISIS Equity Partners for ТЃ32.5m. The investment values the company at ТЃ100m.
FRANCE - Colony and Eurazeo to raise stakes in Accor to 30%
Colony Capital and Eurazeo plan to raise their stakes in publicly listed Accor to a combined total of 30%. On 13 May 2008 Eurazeo will thus own 19,561,291 shares, which is 8.5% of Accor’s share capital, and over time will seek to increase this position...
US/NORWAY – HitecVision sells Knowledge Systems
HitecVision has sold its stake in Knowledge Systems, a Sugar Land, Texas-based provider of geopressure and geomechanical software, to Halliburton Inc (NYSE: HAL) for an undisclosed value. The business was acquired through Landmark, a product service line...
SPAIN – Vista-backed toy manufacturer to loose Disney license
Market rumour suggests that toy manufacturer Famosa, backed by Vista Capital, could loose the license to manufacture toys under the Disney brand. If the reports hold true, the company risks loosing one of its most successful product lines to US toy manufacturer...
ITALY – Valentino delisting completed
It is understood that the last stage of the Valentino delisting by Permira, which is valued at EUR 1.8bn, has concluded.
SPAIN – N+1-backed Eolia Renovables gets EUR 80m loan
N+1-backed renewable energy specilaist Eolia Renovables has received an EUR 80m loan from Banesto in order to guarantee its operations until 2010.
SPAIN – Caja Navarra to invest in video game developer
Caja Navarra is to invest up to EUR 500,000 in Catalonian video game developer U-Play Studios through the Eurocam Alto Rendimiento fund.