Deals
UK - Primary backs buyout of Pacific Direct
Primary Capital has acquired Pacific Direct, a supplier and manufacturer of branded toiletries and guest accessories to the luxury hotel and cruise line market.
RUSSIA - Ahlstrom sells Wessen
Ahlstrom Capital has sold its 70% stake in Russian electrical accessories manufacturer Wessen Group to Schneider Electric.
DENMARK - Glitnir Total Capital exits Rahbekfisk
Glitnir Total Capital, JSSS and management have exited their investment in Rahbekfisk after a two and a half year holding period. The Danish convenience food manufacturer has been sold to trade buyer Espersen A/S.
UK - Catapult backs buyout of BWB Consulting
Catapult Venture Managers has supported the buyout of BWB Consulting Ltd, an engineering and environmental consultancy.
SPAIN – Suma Capital acquires engineering firm
Suma Capital has completed the acquisition of a 75% stake in engineering consulting firm Auding in a management buyout. The management team hold the balance of the shares.
FRANCE – Crédit Agricole invests in Conexia
Crédit Agricole Private Equity and Vaorem have purchased a 49% stake in Conexia Energy. Crédit Agricole made the investment via Capenergie, its FCPR energy fund. Vaorem is a developer and operator of wind farms based in Bègles.
SPAIN – Carlyle-backed Applus+ to certify helicopters
Carlyle-backed Applus+ will expand its business with its entry into Inaer, a company specialising in the certification of helicopters.
FRANCE – Apax set to buy shares in Altran
Apax Partners will take part in a EUR 130m capital increase in Altran Technologies Company by July 31. The price per share price will be between EUR 5 and EUR 6.
ITALY – Investitori-backed Kedrion to float
It is understood that Kedrion, a major manufacturer of plasma derivatives in Italy, 40% owned by Investitori Associaciti IV, has filed for a listing on the Star segment of the Milan stock exchange.
NETHERLANDS - NIBC sells its stake in Vitae
NIBC Capital Partners has sold its stake in recruiting agency Vitae to Manpower.
UK - Truphone raises £16.5m series-B funding
A group of investors has invested ТЃ16.5m in VOIP company Truphone. Backers include exisiting investors Burda Digital Ventures, Independent News & Media, Eden Ventures and Wellington Partners Venture Capital, as well as private investors.
CEE – RC II acquires 63% of Antares Hotels in EUR 8m deal
Reconstruction Capital II has acquired 63% of Romanian resort Antares hotel in a EUR 8m deal. The deal consisted of the acquisition of existing shares and subscription to new shares. This represents the first investment for Reconstruction Capital since...
UK - Candover-led consortium makes £1.6bn bid for Expro
A consortium of investors led by Candover also comprising Goldman Sachs Capital Partners and AlpInvest has made a ТЃ1.6bn offer for listed oil-field services provider Expro. The offer values each share at 1,435 pence, a premium of 54.9 per cent to the...
GERMANY - Blackstone divests its 25% stake in Gerresheimer
Blackstone has sold its 25% stake in Gerresheimer AG, a manufacturer of specialty products made of glass and plastic for the pharma & life science industry.
SWEDEN - SEB and Industrifonden back dental company
SEB Venture Capital and Industrifonden have backed Biomain, a Helsingborg-based dental company for an undisclosed value.
UK - Matrix backs buyout of Plastic Surgeon Fine Finishers
Matrix Private Equity has invested ТЃ2m to support the management buyout of Plastic Surgeon Fine Finishers, a provider of cosmetic surface repair services to the construction and housing industry. Matrix has acquired a 30% stake.
GERMANY - JC Flowers leads Hypo investment
A private equity consortium led by JC Flowers is poised to take a 24.9% stake in property finance group Hypo Real Estate (HRE).
UK - Risk Capital portfolio company acquires SignPost Solutions
Risk Capital Partners' portfolio company APT Controls Group has acquired manufacturer of traffic signposts SignPost Solutions Ltd (SPS).
UK - Piper invests in The Rug Company
Piper Private Equity has acquired a minority stake in rug designer and producer The Rug Company for an undisclosed sum.
UK - Elderstreet exits UM Holdings
Elderstreet has exited UM Holdings, the owner of U Mole, a provider of trenchless installation equipment to the utility market. VP Plc, a equipment rental specialist, has acquired the company.
SPAIN – 3i acquires minority stake in Unión Radio
3i has acquired a significant minority stake in Hispanic radio operator Unión Radio. The deal was carried out via a private placement and capital increase with an initial investment of EUR 125m, out of total commitment of EUR 225m.
GERMANY/AUSTRIA - Waterland Private Equity acquires Windrose
Waterland Private Equity has acquired a majority stake in Windrose Fernreisen Touristik GmbH, a travel agency for high-end adventure and luxury travel. The current Windrose management team remains unchanged.
SPAIN – Grupo Zriser backs renewable energy player
Grupo Zriser has acquired a 5.38% stake in photovoltaic cell manufacturer Siliken in a deal valued at EUR 65m.
RUSSIA – East Capital to buy 20% of FIA Bank for EUR 15.5m
East Capital has agreed to acquire a 20% stake in FIA, a Russian bank operating in Samara, a region in the south west of the country, for EUR 15.5m.