Deals
UK - Barclays Ventures leads £12.5m buyout of KDC Contractors
Barclays Ventures has led the management buyout of demolition contractor KDC Contractors Ltd in a deal worth ТЃ12.5m.
UK - Barclays Ventures funds double acquisition by Howorth
Barclays Ventures is providing portfolio company Howorth Air Technology, a clean air solutions specialist with funding to acquire Westbury Filters Ltd and Filtermation Products Ltd, two designers, manufacturers and installers of filters in a deal worth...
UK - BOSIF takes stake in Integrated Subsea Services
Bank of Scotland Integrated Finance has acquired subsea company Integrated Subsea Services for ТЃ80m in a deal valuing the company at ТЃ143m.
UK - LTF invests in Intellistream
London Technology Fund (LTF) has invested ТЃ1m in Intellistream, a developer of technology for interactive mobile video applications.
UK - NVM exits TFB for £9m
NVM has exited Technology for Business (TFB), a provider of specialist IT systems for law firms.
UK - five bidders interested in Safety-Kleen
Blackstone, Cinven, Hellman & Friedman, Montagu and Warburg Pincus are reported to all mades bids for Safey-Kleen, a service provider to automotive and industrial customers.
ITALY – MPS Ventures in double IT investment
MPS Ventures and Sapient spa have acquired software companies Datel and Cedass in a deal valued at EUR 20m.
UK - Endless invests in St Neots from new fund
Endless has taken a significant minority stake in specialist print and packaging company St Neots Packaging for an undisclosed amount.
UK - NVM invests £5m in Optilan
NVM Private Equity has invested around ТЃ5m to acquire telecommunications network provider Optilan.
FRANCE – Activa Backs MBO of Bruno Saint Hilaire
Activa Capital has taken a majority stake in Bruno Saint Hiliaire (BSH) alongside managers Dominique de la Tournelle and Nicholas Roux. Activa has purchased CDC Capital Investissement and Banque de Vizille’s interests in the company. The deal was proprietary....
FRANCE – Activa sell Malherbe to N.I Partners
Activa Capital has sold Groupe Malherbe in a secondary buyout to Natixis Private Equity subsidiary N.I Partners. Following the deal the group’s CEO Alain Samson, whom Activa Partnered in an OBO in 2004, becomes the majority shareholder alongside N.I....
UK - Close Brothers backs £8.7m Baricon deal
Close Brothers Private Equity has backed portfolio company Energy Cranes in its acquisition of sub-sea systems supplier Baricon Systems in a deal valuing Barcon at ТЃ8.7m.
ITALY – BS Private Equity in sale of surveillance company
BS Private Equity has sold security firm Sicurglobal to Stirling Square Capital Partners, generating a money multiple of approximately 2.5x.
SWEDEN - Sixth AP Fund acquires 25% of Atlas Design
The Sixth AP Fund (AP6) has acquired a 25% stake in Atlas Design AB, a family owned accessories fashion house. The business was founded in 1943 by the Landow family.
NETHERLANDS - Friesland Bank acquires 70% of Vandervalk+Degroot
Friesland Bank Investment has acquired 70% of Vandervalk+Degroot, formerly wholly owned by the Van der Valk family.
GERMANY - SHS sells pharmaceutical company Novosis AG
VC funds under the management of SHS Gesellschaft für Beteiligungsmanagement have sold their stakes in Novosis AG to Schweizerhall Holding AG. The deal valued the company at around EUR 90m. Schweizerhall Group has held a 49% in the company since March...
SWITZERLAND – Invision acquires SEG
Invision Private Equity AG has acquired a majority stake in Swiss Education Group Ltd (SEG) from the founder, who remains a minority stakeholder and president of the administrative board.
UK - Inflexion buys out subsea vehicle specialist
Inflexion Private Equity has acquired SMD, a designer and manufacturer of remotely controlled subsea vehicle systems.
UK - SEP and Energy Ventures invest £4m in Futuretec
Scottish Equity Partners and Energy Ventures have invested ТЃ4m in oil and gas wells casing technology company Futuretec.
SPAIN - Caja Madrid backs bridal firm
Caja Madrid and the private equity firm of the government of Madrid have acquired a 20% stake in bridal company Grupo Nupcial Novissima in a capital expansion deal valued at EUR 3m.
UK - Inflexion sells stake in Tekton for £21m
Inflexion Private Equity has sold it stake in software provider Tekton Group for ТЃ21m to Sage.
UK - LDC backs buyout of Ego
LDC has backed the insitutional buyout of Mediterrean-style restaurant group Ego through the management team of restaurant chain La Tasca.
GERMANY/USA - CBR portfolio company makes acquisition
CBR Management GmbH, which manages EquiVest I, has acquired Erwin Behr Automotive business via its portfolio company Sellner-Group. The deal was structured as a combined asset deal in Germany and a share deal in the US. Financing was provided by internal...
SWEDEN - STING Capital invests SEK 2m in HULU
STING Capital has injected SEK 2m in HULU, a Swedish Wimax business.