Deals
UK - Mercia et al. invest £400,000 into Allinea Software
Mercia Technology Seed Fund and Midven, via its Advantage Growth Fund, have co-led a £400,000 seed funding round for specialist software developer Allinea Software, alongside management.
NETHERLANDS - Carlyle could be sidelined in Stahl restructuring
Reports suggest that French listed investment firm Wendel has put forward a proposal for the restructuring of Stahl Holding BV, which, if approved, would leave co-investor Carlyle in the margins only three years after the two joined forces in the acquisition.
ITALY - MCP backs Microgame as Cambria divests
International private equity fund Monitor Clipper Partners (MCP) has backed online game operator Microgame, in a deal thought to be valued in the tens of millions of Euros.
UK - Candover loses interest in ALcontrol restructuring
Laboratory testing company ALcontrol, backed by beleaguered private equity firm Candover, has agreed to a restructuring deal with its lenders that will see Blackstone's GSO Capital Partners take a majority stake in the business.
UK - LCA invests £1.5m into Proven Energy
Low Carbon Acceleratior (LCA) has further invested into small-scale wind turbine manufacturer Proven Energy, in a funding round worth £1.5m.
AUSTRIA - AXA acquires Competence Call Center
AXA Private Equity has acquired a majority stake of around two-thirds in Austrian telemarketing company Competence Call Center for an undisclosed sum.
GERMANY – HRE squeeze-out formalised; Flowers loses stake
JC Flowers lost its stake in ailing Hypo Real Estate bank when the bank's majority owner, government fund Soffin finalised the squeeze-out of the remaining minority investors at yesterday's general meeting.
UK - Atlas and Novartis invest into Bicycle Therapeutics
Atlas Venture and Novartis Venture Fund have invested an undisclosed amount of seed funding into biotherapeutics start-up Bicycle Therapeutics.
FRANCE - AXA PE could still bid for Areva T&D
According to reports, AXA Private Equity could still enter the race for Areva T&D, Areva's power distribution unit, despite having previously withdrawn interest after a member of its consortium pulled out.
GERMANY – Perusa acquires GRV LUTHE
German private equity house Perusa Partners has acquired disposal services company GRV LUTHE Kampfmittelbeseitigung GmbH from Turn Around Investments GmbH and GRV's management.
GERMANY/US – Riverside continues buy-and-build for Sage Holdings
The Riverside Company has acquired Chapter 11 advisory specialist Donlin, Recano & Company Inc from founders Louis Recano and Carole Donlin. The company will be added to corporate communications platform Sage Holdings, which is based in Germany and the...
AUSTRIA - Deutsche Beteiligungs sells MCE
German private equity house Deutsche Beteiligungs AG has sold its entire stake in industrial service group MCE to trade buyer Bilfinger Berger AG in a deal valuing the company at EUR 350m.
UK - LEF invests £5m into New Earth Solutions
Cleantech investor Ludgate Environmental Fund has invested £5m into waste treatment and renewable energy company New Earth Solutions Group.
UK - Amadeus Capital invests in Linkdex
Amadeus Capital Partners, via its Amadeus Seed Fund and Amadeus III vehicle, has invested EUR650,000 into software company Linkdex.
FRANCE - 3i cedes position in Cair
3i has ceded its 34% stake in Groupe Cair to Creadev, an investment company owned by the Mulliez Family. The divestment was made through Creadev's acquisition of Groupe Cair's main subsidiary Homeperf, a home care company. Following 3i's exit, Groupe...
FRANCE - 21 Centrale sees Arjowiggins Security deal cancelled
Paper manufacturing group Sequana has broken off negotiations with French buyout house 21 Centrale Partners regarding the sale of Arjowiggins Security, a division of Sequana's fine-paper subsidiary Arjowiggins, and taken the company off the market.
CZECH - TA spends $200m on Czech security
TA Associates has paid more than $200m to acquire a minority stake in Czech computer security software firm AVG Technologies from incumbent private equity backers including Enterprise Investors.
GERMANY - Gilde Healthcare Partners co-leads EUR 7m mtm funding
Gilde Healthcare Partners has co-led a EUR 7m investment for diagnostics company mtm Laboratories, in an extension to the business' series-C funding round.
DENMARK - Danske Kapitalanlæg sells M&J Industries
Danish small-cap buyout house Danske Kapitalanlæg has divested waste recycling equipment and services business M&J Industries in a trade sale to listed Finnish company Metso, a supplier of sustainable technology and services.
GERMANY - IBB et al. invests in intransID GmbH
IBB Beteiligungsgesellschaft, Sonne+Wind Beteiligungen and KfW have jointly invested in sensor systems company intransID GmbH.
GERMANY - BrainsToVentures invests in Linguee
Investors from BrainsToVentures have, together with its in-house fund, provided a second round of financing for online translation search engine provider Linguee GmbH.
GERMANY - IBB invests in Limmer Laser
IBB Beteiligungsgesellschaft has invested in medical technology company Limmer Laser.
BELGIUM - Blackstone in talks with AB InBev
It is understood that buyout giant Blackstone is in talks with Anheuser-Busch InBev, the Belgian business best known for its alcoholic beverage interests, regarding the purchase of some of the group's amusement parks, in a deal that could be worth as...
FRANCE - Avenir et al. invest EUR 2.5m into Elan
A consortium comprising Avenir Entreprises, Siparex and NCI Gestion has acquired a stake in organic product distributor Elan Nature, making an equity investment of EUR 2.5m.