Deals
SWEDEN - Ratos completes refinancing of Bisnode
Ratos has completed a refinancing of Bisnode, the Swedish supplier of digital business and support information for businesses, which will provide the owners with a cash payment of approximately SEK 865m. The recapitalisation was enabled through a positive...
ITALY - NEIP exit from textile company generates over 35% IRR
Nord Est Investment Partners (NEIP), has sold its 33.79% stake in textile manufacturer Incotex, generating an IRR of 35%.
SWITZERLAND – Carlyle acquires KSC.net
The Carlyle Group has acquired, in partnership with management, KCS.net Holding AG, an Enterprise Resource Planning solution (ERP) vendor in an all-cash transaction.
UK - Buyout houses ready for Prêt
Advent International, Bridgepoint and Morgan Stanley are all reported to be preparing bids for UK sandwich chain PrУЊt a Manger. However, the ТЃ400m-plus price tag on the asset is unlikely to be realistic, owing not only to market wobbles but also to...
FRANCE - A Plus Finance invest EUR 2m in Novalys
A Plus Finance invested EUR 2m in software company Novalys. Novalys generates 40% of its turnover in Exports. The investment will be used to continue its expansion abroad.
NETHERLANDS - BioGeneration and PPM Oost invest in NovioGendix
BioGeneration and PPM OOst have invested in NovioGendix, a Dutch-based company.
ITALY - Intesa Sanpaolo invests EUR 7m in software company
Intesa Sanpaolo has taken a 23% stake in software company Dedalus in a deal valued at EUR 13.6m, to which the investor provided EUR 7m.
SPAIN - CVC acquires majority stake in restaurant chain
CVC-backed Grupo Zena has acquired a majority stake in restaurant chain La Vaca Argentina in a deal reportedly valued at EUR 18m.
SPAIN - Investor Growth Capital acquires 26% stake in TDT
Swedish venture capital firm Investor Growth Capital has acquired a 26% stake in Televisión Digital Terrestre (TDT).
UK - MSIF invests £1.4m to support Aerogistics expansion
Merseyside Special Investment Fund (MSIF) has made an investment of ТЃ1.4m to support the growth of aerospace supply chain management company Aerogistics.
UK - YFM and NESTA support ProVision with £750,000
The YFM Group-managed South West Venture Fund and Finance South West Growth Fund, along with NESTA investments, have invested ТЃ750,000 into digital wireless video technology company ProVision Communications.
UK - ISIS leads £7m investment in MBO of Playforce
ISIS Equity Partners has led a ТЃ7m investment to support the management buyout of Playforce, a supplier of children's play areas to schools. ISIS invested from its Baronsmead VCTs alongside debt underwritten by HSBC.
UK - Oxford Capital Partners leads £1.2m investment in waste water technology
Oxford Capital Partners has led a ТЃ1.2m investment in Microbial Solutions Ltd, a waste water treatment company. H20 Venture Partners and existing investor Rainbow Seed Fund also participated in the funding round. Microbial Solutions is a newly formed...
PORTUGAL - Explorer Investments acquires construction company
Explorer Investments has acquired industrial player Cosntrutora da Ferraria through its fund Explorer I.
SWEDEN - Industrifonden and Via Venture supports Tonium with SEK 35m
Industrifonden, Via Venture Partners and Arvid Svensson & Ekstranda Media AB have invested SEK 35m in Tonium AB, a developer of portable DJ-systems.
NETHERLANDS - BioGeneration Ventures invests in Progentix Orthobiology
BioGeneration Ventures has invested in Progentix Orthobiology.
UK - CGC confectionery portfolio company makes £58m acquisition
Close Growth Capital's (CGC) confectionery porfolio company Tangerine has agreed to acquire Monkhill Confectionery from Cadbury Schweppes for ТЃ58m in cash. The deal is subject to completion in February. This will be the second major purchase by Tangerine....
GERMANY - TVM Capital backs Riemser Arzneimittel AG
Munich and Boston-based TVM Capital has invested an undisclosed sum in Riemser Arzneimittel AG. TVM Capital now holds 10% of the Riemser AG shares. TMV Capitals plans to help transition and grow Riemser Arzneimittel AG into an international corporation....
UK - Zeus backs £22m+ buyout of networking services supplier
Zeus Private Equity has completed its third deal with the management buyout of networking services supplier Electranet (UK) Ltd. ZPE has invested ТЃ6m as part of a funding package worth more than ТЃ22m. HSBC provided senior debt and working capital facilities....
FINLAND - CapMan completes MBO of Varesvuo Partners
CapMan Buyout Fund VIII together with Roope Lerthinen and the company’s management, have completed a management buyout of Varesvuo Partners Oy, a Finnish television content and film production business for an undisclosed value.
UK - Low Carbon Accelerator makes £320,000 investment into QuantaSol
Low Carbon Accelerator Ltd has announced a ТЃ320,000 investment into solar enegry firm QuantaSol Ltd, taking its equity stake in the company to 25.6%.
GERMANY - High-Tech Gründerfonds backs start-up Immunservice
High-Tech Gründerfonds has provided seed financing for Immunservice GmbH, a start-up which develops immune biomimetic hormones for drug testing. The seed financing enables the company to optimise production of its lead product Pulmoleukin to industrial...
UK - E-Synergy leads £1.7m Envirotreat funding
The Sustainable Technology Fund (STF), a cleantech focused venture capital fund managed by E-synergy, has led a ТЃ1.7m round of funding for toxic soil and waste remediation specialist Envirotreat Ltd.
Public vs. Private Equity – Monkeys vs. Innovators and Explorers
Dr Thomas Meyer explores the origins of the limited partnership structure and looks at the co-existence of the public and private markets.