Deals
ITALY – Investitori Associati in Meridionale Meccanica MBI
Investitori Associati has acquired railway security and diagnostics company Meridionale Meccanica (Mer Mec) in a management buy-in deal. The management team will retain a stake in the company.
PORTUGAL – Explorer acquires private security companies
Explorer Investments has acquired three private security companies Palanca, 4 Esse and Prosecom as part of a market consolidation strategy.
UK - Partnership Investment and YFM invest £1m in REM Probe
Partnership Investment Finance and YFM Venture Finance have invested ТЃ1m in software company REM Probe. YFM invested through its Yorkshire and Humber Equity Fund.
Ireland - Delta Partners and Enterprise Ireland exit Xiam
Delta Partners and Enterprise Ireland have sold their stakes in software company Xiam to Nasdaq listed Qualcomm. Qualcomm has acquired Xiam for $32m.
UK - Bestport aquires Healthcall for £2m
Bestport Ventures portfolio company Rose Optical Services Group has acquired optical services provider Healthcall Optical.
UK - Barclays Ventures acquires building contractor
Barclays Ventures has acquired Strategic Team Group, a building contractor to the public and private sector, in a deal valued at approximately ТЃ11m. Barclays Ventures has invested for a minority stake.
POLAND - Nova Polonia and FMO sell remaining stake in Praterm
Nova Polonia Private Equity and FMO have sold their remaining stake in Praterm, a company operating in the heating generation sector, to energy services provider Dalkia Poland.
GERMANY - NIBC Capital Partners acquires Gebr Reinfurt
NIBC Capital Partners has acquired German ball bearings manufacturer Gebr Reinfurt GmbH Co KG from its current eight family shareholders for an undisclosed amount.
Denmark – Mid Europa acquires Disa from Procuritas
Mid Europa has acquired Disa, a company operating in the global moulding and metal surface preparation markets, from Procuritas Capital Investors III. The sale is subject to approval from competition authorities, expected in the first half of 2008. Procuritas...
DENMARK - Monitor Clipper leads financing round in CMC Biologies
CMC Biologies (formerly CMC Biopharmaceuticals A/S) has closed a share offering from lead investor Monitor Clipper. The round also included existing investor European Equity Partners (EEP) and other smaller investors.
UK - New Enterprise Associates leads £2m round in advertising company
New Enterprise Associates has led a ТЃ2m funding round in mobile advertising company Rapid Mobile Media. Edinburgh-based Rapid Mobile Media was founded in February 2004 and has launched a white-label platform for mobile advertising.
DENMARK - Axcel acquires 60% of Pandora
Axcel has acquired 60% of Pandora, a Danish jewellery manufacturer, from its two founders, Per and Winnie Enevoldsen, their son and a number of senior staff, for an undisclosed value. The current owners will re-invest along with Axcel and hold the remaining...
SWITZERLAND - Riverside acquires EM Test Group
The Riverside Company has acquired EM Test Group for an undisclosed amount. The investment was made from REF III.
NORWAY - Eqvitec backs KSD Software Norway
Eqvitec Technology Fund III has invested in KSD Software Norway AS, an Oslo-based software company.
UK - Balderton invests in online reservations system
London-based online restaurant reservation systems Livebookings has raised ТЃ6.5 million in a funding round led by Balderton Capital.
GREECE - Vivartia strengthens its position in the Greek food market
MIG's food and beverage investment arm, Vivartia, is preparing a bid for the Everest group and Olympic catering, both Athens-listed food service companies. The deal will be done through newly created holding company Alkmini Catering. Vivartia owns 51%...
UK - NVM invests £1.5m in Paladin
NVM private equity has provided a further ТЃ1.5m to fund Paladin Group's acquisition of Phoenix Precision Electric.
SWEDEN - Altor to purchase Papyrus
Altor has agreed to back the buyout of Swedish paper business Payprus from existing parent Stora Enso. Göteborg-based Papyrus retains its management team and will pursue an acquisitive growth strategy following the deal. Handelsbanken is providing debt...
UK - Cognetas and Englefield acquire Morrison Utility Services
Cognetas and Englefield Capital have jointly acquired Morrison Utility Sevices, part of Anglican Water Group, for ТЃ135m in a management buyout.
SPAIN – Corsabe invests in biotech player
Spanish private equity firm Corsabe has participated in a capital expansion round in biotechnology company Oryzon, acquiring a 3.5% stake. Ordesa Laboratories also invested for a 3% stake.
SPAIN- Vista and Carlyle prepare Orizonia IPO
Vista Capital and Carlyle, which own 36% and 55% respectively of online travel agency Orizonia, are preparing the company for a flotation.
UK - Bridges invests in vocational training business
Bridges Ventures has invested in New Career Skills, the firm's first dedicated educational investment.
CEE - Marfin Investment acquires 75% of Sunce for EUR 155m
Marfin Investment Group (MIG) has acquired 75% of Croatian tourism and leisure company Sunce for EUR 155m. Sunce and MIG will develop Stubicke Toplice, a health tourism project and public-private-partnership alongside the County of Krapina and Zagorje,...
UK – ISIS leads £11m BIMBO of Nexus
ISIS Equity Partners has led an ТЃ11m buy-in/management buy-out of vehicle rental specialist Nexus Vehicle Management.