Deals
UK - South East Growth Fund reaps 5x return on BioAnaLab exit
Regional venture investor South East Growth Fund (SEGF) has wholly exited its investment in biotechnology company BioAnaLab through a trade sale to Millipore Corporation, generating a return of 5x money and an IRR of 28%.
GERMANY - Earlybird and Target Partners invest EUR 2m into Scoreloop
Earlybird and Target Partners have invested EUR 2m into internet platform Scoreloop AG.
EUROPE - 3i may sell venture portfolio to Coller and HarbourVest consortium
3i is now reportedly in exclusive talks with a consortium led by secondary investors Coller Capital and HarbourVest Partners regarding the sale of its venture portfolio, with the price tag thought to be in the region of £100m.
GERMANY - Summit Partners sells Dedon stake to founder
Summit Partners has sold its stake in furnishings manufacturer Dedon GmbH to Bobby Dekeyser, the founder and stakeholder of the company.
UK - Darwin acquires Hampson Aerospace for £23.7m
Darwin Private Equity has acquired the aerospace machining division of Hampson Industries plc in deal worth close to £24m.
UK - Maven invests £1m into Vamosa
Maven Capital Partners, via the Capital Enterprise Fund, has invested £1m in Vamosa, a provider of software for Enterprise Content Governance.
SWITZERLAND - Zurmont Madison’s CLS acquires Scandinavian Translators
Zurmont Madison Private Equity-backed communication technology business CLS Communication has acquired Copenhagen-based rival Scandinavian Translators for an undisclosed amount.
NETHERLANDS - PPM backs VIBES
Participatiemaatschappij Oost Nederland (PPM Oost) has invested an undisclosed amount in engineering firm Virtual Building Enginners (VIBES).
GERMANY - Private equity interest in Warburg’s easycash
Reports indicate that several private equity firms are among the interested parties who have submitted first round bids for Warburg Pincus' credit card transaction business Easycash GmbH.
UK - Octopus leads £4.5m KeTech investment
Octopus Investments, through the Octopus Capital for Enterprise Fund, has invested £2m into systems integrator company KeTech Group as part of a £4.5m funding round for the business. Centric Commercial Finance provided £2.5m of invoice discounting...
UK - VC-backed Zoopla acquires PropertyFinder
Octopus Ventures- and Atlas Venture-backed Zoopla, a provider of residential property value data, has acquired rival PropertyFinder from News International and the REA Group for an undisclosed sum.
UK - Existing backers invest $11m into Ubiquisys
Existing VC backers have invested $11m in specialist femtocell company Ubiquisys, in a third round of funding for the business. The company has previously raised $42m from Accel Partners, Advent Venture Partners, Atlas Venture, Google and T-Mobile Venture...
GERMANY - MIG leads nfon investment
MIG Funds has led an investment into web-based telephone company nfon AG, alongside Earlybird and High-Tech Gründerfonds, in a high single digit million Euro third round of funding.
SWITZERLAND - SHS backs Spinelab
SHS Gesellschaft für Beteiligungsmanagement (SHS) has participated in a second round of financing for medical technology company Spinelab AG.
NETHERLANDS - PPM Oost backs Pillkey
Participatiemaatschappij Oost Nederland (PPM Oost) has invested an undisclosed sum in medical equipment company Pillkey, alongside software developer and supplier Inforay Inernational.
BELGIUM - ING leads EUR 3m investment round for Cmosis
ING Corporate Investments has led a EUR 3m round for technology start-up Cmosis NV, contributing about half of the total investment. A further EUR 500,000 was provided by ING Activator Fund, another member of the ING group, with Vlaams Innovatiefonds...
GERMANY – Bain Capital could be losing Bavaria Yacht
According to reports, Bain Capital might be losing its stake in troubled yacht builder Bavaria Yacht.
GERMANY - Dubai Intl Capital and Oaktree drop Almatis co-operation
Reports suggest that Dubai International Capital (DIC) and distressed debt investor Oaktree have decided not to follow through on the restructuring plans for alumina-maker Almatis, which DIC acquired in 2007.
UK - SEP et al. invest further $16m into VirtenSys
Returning backers Scottish Equity Partners (SEP), Celtic House Venture Partners and Gimv have completed a $16m series C round of funding for information communications technology company VirtenSys.
UK - SEP et al. invest further $16m into VirtenSys
Returning backers Scottish Equity Partners (SEP), Celtic House Venture Partners and Gimv have completed a $16m series C round of funding for information communications technology company VirtenSys.
UK - Zeus backs £30m Air Energi MBO
Zeus Private Equity has backed the £30m management buyout of international recruitment company Air Energi Group.
UK - AnaCap to purchase CIF for £70m
AnaCap Financial Partners has agreed to acquire invoice financier Cattles Invoice Finance (CIF) from Cattles plc for £70m.
UK - HSBC-backed Amtech up for grabs
Inspection software provider Amtech, backed by HSBC Private Equity, has reportedly been put up for sale by its private equity owner and management, with the price tag thought to be around £40m.
GREECE - Lamda acquires 20% stake in Alapis for EUR 90m
London-based private equity house Lamda Partners LP has invested EUR 90.2m in pharma manufacturer Alapis, representing 20% of the new ordinary shares.