Deals
MALTA – Denham Capital Management invests in renewable player
Denham Capital Management has invested USD 200m in SunRay Renewable Energy to develop a portfolio of European solar energy projects.
IRELAND - DFJ backs Irish Broadband acquisition
DFJ Esprit portfolio company Imagine Communications Group has acquired Irish Broadband from NTR and Kilsaran Concrete in a EUR 47m deal.
SPAIN – Caja Navarra backs biotech project
Caja Navarra has acquired a 20% stake in pharmaceutical company CBlaya & MHuguet in a capital expansion deal valued at EUR 500,000.
CEE – MCI to buy Invia
Polish fund MCI is to acquire a majority stake in Invia, a Czech company that sells tours online. The deal is believed to be worth between KC 70-100m.
FINLAND - Nordic Capital acquires CPS Color from IK
Nordic Capital has acquired CPS Color, a Vantaa-based supplier of tinting systems, from Industri Kapital for an undisclosed sum.
SPAIN – Ibersuizas invests in pharmaceutical company
Inversiones Ibersuizas has acquired a 5% stake in Natraceutical Group from its parent company in a PIPE deal valued at around EUR 13.5m. The price per share was EUR 0.82 per share.
CEE – Cerberus to sell BankCZ for EUR160m
According to sources, Cerberus Capital Management is to sell Czech bank BankCZ, a division of Austrian bank Bawag, to German state bank LBBW for EUR160m.
CEE – Advent sells Bolix
Advent International has sold its stake in Bolix, a Polish provider of exterior insulation finish systems, to Indian manufacturer Berger Paints India for a sum believed to be near US$40m.
UK - Geocapital and HgCapital sell loss-making Axiom
Geocapital and HgCapital have sold service fulfillment software Axiom Systems Holding Ltd to Finnish telecom software solutions provider Comptel for ТЃ7m in an all-equity deal.
UK - Highland Capital invests in Autoquake
US-based Highland Capital Partners has led the ТЃ6m second round of funding in online used care retailer Autoquake alongside returning backer Accel Partners.
FRANCE/ITALY – Investindustrial to acquire Selective Beauty
Investindustrial is to acquire a stake in perfumes and cosmetics company Selective Beauty from 3i.
SPAIN – Banco Sabadell backs renewable energy player
Banco Sabadell, through its private equity arm Sinia Renovables, has acquired a 25% stake in renewable energy player Adelanta Corporación.
UK - HgCapital expands UK Wind Farm portfolio
HgCapital's portfolio company RidgeWind has acquired equity rights to a pipeline of 90MW wind farms from co-developer Wind Prospects. RidgeWind has also completed the ТЃ18m project financing of the Bagmoor Wind Farm.
SPAIN – Arques takes over courier company
Arques Iberia, the Spanish subsidiary of Arques Industries has acquired parcel delivery service, Agencia Servicios Mensajeria (ASM), for a symbolic purchase price.
CEE - Mid Europa acquires CM LIM
Mid Europa Partners has acquired Polish private health care provider Centrum Medyczne LIM (CM LIM) from the founding investor group. The transaction is expected to close this summer. In October 2007, Mid Europa bought two other Polish companies in the...
ITALY – BCC Private Equity backs sport leisure centre operator
According to reports, BCC Private Equity has invested in Swim Planet Holding a company dedicated to the construction and management of sport and fitness centres.
SWEDEN - Cinven-backed Coor acquires SAS Facility Management unit
Cinven portfolio company Coor Service Management has acquired SAS Facility Management, which provides property and workplace-related services, from SAS (Scandinavian Airlines) for an undisclosed value.
ITALY – Intesa Sanpaolo acquires 30% stake in Desmon
Fondo Mezzogiorno, managed by Gruppo Intesa Sanpaolo, has acquired a 30% stake in refrigerator system specialist Desmon.
NORWAY - HitecVision invests $120m in Spring Energy
HitecVision V has invested $120m in Spring Energy Norway AS, an Oslo-based early-stage oil and gas company.
SPAIN - Candover-backed Parques Reunidos in new acquisition
Candover-backed Parques Reunidos has acquired leisure park Sea Life Park Hawaii following the acquisition of Dolphin Discovery group.
NETHERLANDS – NIBC acquires Busker Hei
NIBC Capital Partners has acquired a majority stake in sheet pile manufacturer Busker Hei. The founders hold the balance of the shares and Rabobank provided the debt for the transaction.
UK - Finance Cornwall invests in Cloud Nine
Finance Cornwall has invested an undisclosed sum in Kernow Eco Housing, a designer and marketer of high specificaion homes built from sustainable materials.
UK - ISIS portfolio company acquires Homelife Options
ISIS Equity Partners' portfolio company SLC Group has acquired Homelife Options Ltd, a company that provides supported living services to people with learning disabilities.
SWITZERLAND - I-Source funds BeamExpress SA with $1.3m
I-Source has provided $1.3m to BeamExpress SA, a developer of vertical cavity surface-emitting laser technology. The proceeds will be used to expand the team and move from prototype to series production.