Deals
ITALY - BCC Private Equity backs energy player
BCC Private Equity has acquried a minority stake in energy player Energy Recuperator.
GERMANY - BWK GmbH acquires 40% stake in Betec Electronic
BWK GmbH Unternehmensbeteiligungsgesellschaft, Stuttgart (BWKU), a subsidiary of Landesbank Baden-Württemberg (LBBW), Wüstenrot & Württembergische-Gruppe and Landeskreditbank Baden-Württemberg – Förderbank has acquired 40% of Betec Electronic GmbH for...
UK - Apax, Cinven, CVC and Permira circle M&B
Pub operator Mitchells & Butlers (M&B) is being circled by large private equity players following the group's announcement of a strategic review earlier this week. Apax, Cinven, CVC, Permira and Texas Pacific Group have all been named as potential suitors...
ITALY - Intesa Sanpaolo acquires Centroplast
Intesa Sanpaolo has led the acquisition of packaging company Centroplast in a management buyout deal.
FRANCE – Rothschild Capital Partners takes majority stake in NextPool
In a propriety LBO deal, Edmond de Rothschild Capital Partners took a majority stake in swimming pool equipment manufacturer NextPool Group alongside CEO, Régis Roux and members of the board of directors who also become shareholders. The deal sees investors...
FRANCE - Alpha Associés Conseil invests EUR 15m in Babilou
Alpha Associés Conseil invested EUR 15m in Babilou in return for around a third of the equity while the management retains around two thirds. Babilou had a turnover of EUR 9m in 2007 and predicts an increase to EUR 18m in 2008.
FRANCE – Alpha Associés Conseil acquire around 70% of the Frial Group
In a deal worth over EUR 50m, Alpha Associés Conseil acquired around 70% of the Frial Group from the two founding families via The Alpha Private Equity Funds 5 (APEF5). The management has invested alongside taking their stake in newco Glacies Holding...
Great exit-pectations
The market has aligned opinions of LPs and GPs: both have dampened exit expectations for 2008
FRANCE - Seventure leads EUR 6m expansion funding for Tekka
Seventure has led a EUR 6m expansion round in Tekka. The deal saw Seventure invest EUR 3.5m while CM-CIC Capital Privé invested the remaining EUR 2.5m. The two firms hold more than 33% of Tekka while CEO Thierry Rotta, family and affiliates retain a majority...
ESTONIA - Ambient Sound Investments invests $250,000 in EGeen
Ambient Sound Investments (ASI) had invested $250,000 in EGeen, an Estonian medical company.
UK - SEP et al. provide VirtenSys with $12m series-B funding
Scottish Equity Partners (SEP) and other existing investors Celtic House Venture Partners and GIMV have participated in a $12m series-B funding round for VirtenSys Ltd. The same syndicate of investors first provided the company with a series-A $12m investment...
UK - NorthStar invests £850,000 in Quick TV
North East venture capital firm, NorthStar Equity Investors (NSEI), has completed a ТЃ850,000 investment in Newcastle-based TV technology company, Quick TV Ltd. Leading a consortium of investors, NorthStar Equity Investors has backed the innovative business...
CEE - GED acquires Plus GSM
Through its GED Eastern fund II for Eastern Europe, GED has acquired Plus GSM, a specialist in mobile telephone services.
ITALY - Innogest makes close to 200% IRR on exit
Innogest capital has netted an IRR of close to 200% through the sale of its 20% stake in high-tech player Singular ID.
SPAIN - Carlyle and Vista acquire 50% stake in online travel agency
Carlyle and Vista-backed Orizonia has acquired a 50% stake in online travel agency Rumbo.
FRANCE – Decomeubles Partners acquires BUT for EUR 550m
Decomeubles Partners, which is backed by a consortium composed of Colony Capital, Goldman Sachs and Merchant Equity Partners, has acquired BUT for EUR 550m from Kesa Electricals. The EUR 550m purchase price is subject to adjustment for debt and other...
ITALY - Intesa Sanpaolo acquires 16% stake in Gruppo Goglio
Intesa Sanpaolo has acquired a 16% stake in plastic packaging manufacturer Goglio in a deal valued at approximately EUR 20m.
GERMANY - DZ Equity acquires melvo GmbH in a management buyout
DZ Equity Partner GmbH has acquired, together with the management, a 49% stake in footwear care products company melvo GmbH from HANNOVER Finanz for an undisclosed sum. Melvo GmbH was founded in 1998 as a subsidiary of shoe manufacturer Salamander Group...
BELGIUM - Iris Capital injects EUR 10m in Clear2Pay
A consortium led by Iris Capital has injected EUR 10m in Clear2Pay, a financial technology company.
UK - xénos facilitates £125,000 investment in bioscience company
xУЉnos has faciliated a ТЃ125,000 business angel investment in bioscience company Asphalia Food Products. xУЉnos is a subsidiary of Finance Wales. Following the deal, the Wales Business Angel Network, xУЉnos owns a 20% stake in the company.