Deals
NORWAY – HitecVision acquires 60% of drilling company
HitecVision V has made its first acquisition by obtaining 60% of Hitec Products Drilling (HPD), a provider of drilling solutions and intervention systems for the oil and gas industry, for an undisclosed sum.
FINLAND – Eqvitec buys majority stake in Scaninter
Eqvitec Technology Fund III, together with Finnish Industry Investment Ltd, have acquired a majority stake in Oy Scaninter Nokia Ltd, a vertical access equipment manufacturer, for an undisclosed value.
SWEDEN – Valedo invests in Bindomatic
Valedo Partners has acquired Bindomatic, a Swedish thermal binding company, for an undisclosed value. The previous owner, Sture Wiholm, will retain a significant minority shareholding.
UK - Close Brothers backs £142m buyout of crane company
Close Brothers Private Equity has backed the ТЃ142m buyout of Energy Crane International from its parent LMS Capital plc. Energy Crane supplies crane and lifting equipment maintenance and support services to the offshore oil and gas sector.
UK - YFM invests in mobile travel company
YFM Group has invested in mobile travel concierge services company Mantic Point Solutions Ltd.
UK - Innogest invests in Mobango
Innogest SGR has led a $5.7m series-B funding round in mobile social network company Mobango. Previous investor Doughty Hanson Technology Ventures also contributed.
UK - NBGIPE sells heating company to engineering conglomerate
NBGI Private Equity has sold Hamworthy Heating, a designer and manufacturer of commercial heating equipment, to French engineering conglomerate Atlantic Sfdt.
UK - Graphite sells medical device business for £36m
Graphite Capital has sold Summit Medical, a design and production company for medical devices, to The Riverside Company for ТЃ36m.
FRANCE – Wendel raises interest in Saint-Gobain to 20%
Wendel’s interest in listed company Saint-Gobain has been raised to 20.6% giving them 19.6% of the voting rights.
FRANCE – Eurazeo to exit Veolia Environment
Eurazeo is reportedly preparing to exit its 2.1% share in Veolia Environment. Veolia Environment is a supplier of environmental services for water management, energy services, transportation and waste management.
UK - Foresight makes three investments
Foresight Group has made three new investments in the environment sector, totalling ТЃ14m.
UK - South East Growth Fund injects £250,000 ino Lexara
The South East Growth Fund (SEGF) has invested ТЃ250,000 into educational media provider Lexara Ltd.
GERMANY – Permira considers Debitel sale
According to reports in the German press, Permira may exit portfolio telecommunications company Debitel via a trade sale to rival Freenet. The purchase price is rumoured to be between EUR 1.4bn and 1.5bn.
GERMANY - Consortium raises EUR 25m for Pieris
Healthcare-dedicated fund OrbiMed Advisors LLC has led a EUR 25m Series B round for Pieris AG, a bio-pharmaceutical company. All existing investors participated in this financing round including Novo Nordisk and Gilde Healthcare Partners.
NETHERLANDS - Arsenal buys DSM Special Products
Arsenal Capital Partners has acquired DSM Special Products, a business unit of Royal DSM that manufactures specialty ingredients used in food, pharma and animal feed.
UK - ISIS invests in Carnell
ISIS Equity Partners has invested an undisclosed sum in specialist support services provider Carnell Support Services.
SPAIN – Arques Industrie exits from chemical manufacturer
Arques Industries AG has sold its stake in chemical manufacturer Oxiris Chemicals to Ludwingshafener Raschig Gruppe in a deal valued at approximately EUR 10.5m.
UK - Investec backs buyout of James Villa Holidays
Investec Growth & Acquisition Finance has backed the buyout of James Villa Holiday Ltd with an investment of ТЃ6m. Bank of Scotland has provided senior debt.
FRANCE - Capzanine purchase OFI's interest in Bertrand Restauration
Capzanine has purchased OFI Private Equity Capital’s stake in Bertrand Restauration for EUR 1.7m.
FRANCE – OFI launches takeover of Léon de Bruxelles
OFI Private Equity Capital and the management have launched a takeover bid for listed mussels restaurant chain Leon de Bruxelles for EUR 10.9m per share, an offer which values the company at EUR 64.9m. OFI currently owns a 38.13% stake in the company....
ITALY – Clessidra and Intesa acquire 55% of toy manufacturer
Clessidra and Intesa Sanpaolo have acquired a 40% and 15% stake in toy manufacturer Giochi Preziosi respectively. The founder, Enrico Preziosi will retain the remaining 45% stake. The deal represents an exit for 3i.
ITALY – GE Capital to acquire Interbanca
US private equity firm GE Capital is in the final stages of acquiring bank Interbanca. According to sources, the transaction is valued at EUR 900m.
ITALY – Cape LIVE invests in asset management firm
Listed vehicle Cape LIVE has acquired a 10% stake in independent asset management company Zenit Sgr in a deal valued at approximately EUR 1.5m. Cape has the possibility of increasing its stake to 30% over the next three years.
GERMANY – High-Tech Gründerfond leads seed round
High-Tech Gründerfond along with business angels and strategic investor Vita 34 AG has led a seed financing round for Urotec GmbH, a tissue engineering company.