Deals
GERMANY - Heidelberg Innovation leads 4.6m series-c round for IonGate
Lead investor Heidelberg Innovation and KfW (Kreditanstalt für Wiederaufbau) have closed the third funding round for biotechnology company IonGate Biosciences GmbH which has raised a total of EUR 4.6m. Previous investments included a seed financing in...
UK - Catapult supports £500,000 FDTEK funding
Catapult Venture Managers has invested ТЃ330,000 as part of a ТЃ500,000 financing round for information technology company FDTEK Holdings Ltd.
UK - The Capital Fund backs £450,000 2sms financing
The Capital Fund has invested ТЃ250,000 as part of a ТЃ450,000 financing round for mobile phone messaging services provider 2sms. The balance of the equity has been supplied by Richard Goldstein, an experienced SME investor, who has joined the 2sms board....
SWEDEN - Sunstone leads SEK 40m round in CMC Contrast
Sunstone Capital has invested SEK 40m in CMC Contrast, a medical imaging company, together with existing investors øresund Healthcare Capital and Malmöhus Invest.
RUSSIA - Bessemer invests in Enforta
Bessemer Venture Partners has invested in Enforta, a Russian WIMAX network operator, in a $40m funding round.
DENMARK - Global Life Science Ventures et al. invest EUR 15m in Action Pharma
Action Pharma A/S, a Danish biotech company, has raised in total EUR 15m from new and existing investors.
UK - Accel Partners leads $15.5m OpenAds funding
Accel Partners has led a $15.5m series-B funding round for online advertising platform OpenAds, alongside exisiting investors Index Ventures, First Round Capital, Mangrove Capital Partners and O'Reilly AlphaTech Ventures.
AUSTRIA - The Entrepreneurs Fund invests EUR 1.35m in ProtAffin Biotechnologie
The Entrepreneurs Fund BV has invested EUR 1.35m in the second closing of a series-A funding round for biotechnology company ProtAffin Biotechnologie AG. Previously, Aescap Venture Management BV and Z-Cube Srl invested EUR 2.65m in the first series-A...
GERMANY - KfW joins other VCs in backing Protagen AG
Kreditanstalt für Wiederaufbau (KfW) has joined existing lead investors MIG AG and Co KG Beteiligungsfonds 3 and S-Venture Capital Dortmund GmbH in raising EUR 1m in interim financing for protein research company Protagen AG. This is the third round of...
NETHERLANDS - CapVest backs buyout of Drie Mollen from Gilde and AAC
CapVest Equity Patners II LP has acquired a majority stake in Drie Mollen International BV, a Dutch-based coffee company, from Gilde and AAC. Gilde and AAC, together with the management, acquired Drie Mollen in November 2002 in a management buyout.
GERMANY - EQUITA exits AKT Altmärker Kunststofftechnik
Equita Management GmbH’s Equita Fonds 2 has sold its minority stake in plastic components manufacturer AKT Altmärker Kunststofftechnik GmbH back to the founding management, which is the majority shareholder of the company. The company is headquartered...
FRANCE – Index Ventures leads EUR 7m B-round funding for Criteo
Index Ventures led existing investors AGF Private Equity and Elaia Parenters in a EUR 7m B-round of funding for Criteo, bringing the total financing the company has received to EUR 10m.
UK - Alchemy hungry for Regent Inns
Alchemy Partners is reported to be interested in acquiring struggling pub owner Regent Inns, the operator of pubs including Walkabout and Old Orleans. The listed-group's share price rose by 27% on the news of a possible to takeover, to 21p. At 21p per...
SPAIN - Landon acquires stake in hotel chain
Grupo Corporativo Landon acquired a 47% stake in hotel chain Sercotel.
DENMARK - SoonR attracts $9.5m from Cisco et al.
SoonR, a Denmark-based mobile computing company, has attracted a second round of financing worth $9.5m from a consortium of investors led by Cisco Systems. Other investors included Clearstone Venture Partners and Intel Capital, which also participated...
UK - Francisco Partners leads Data Connection funding
San Fransico and London-based venture capital firm Francisco Partners has led a significant investment round for telecom networking company Data Connection Ltd, alongside strategic partner Sequoia Capital.
ITALY - AXA Private Equity acquires hydraulics company
Axa Private Equity has backed the management buyout of hydraulics group Idroma.
UK - Vitruvian completes first deal with £55m acquisition of Latitude
Vitruvian Partners has completed its first deal, acquiring a majority stake in marketing agency Latitude Group Ltd as part of the ТЃ55m management buyout of the company.
FRANCE – Japanese investors lead financing round in DiBcom
Japanese investors NIF SMBC Ventures led NTT Finance in a new round of financing for Dibcom. Clipperton Finance advised the French start-up on the deal.
NETHERLANDS - Buyout groups line up for $1bn sale of Exact software
According to reports, Exact Software, a company listed on Euronext Amsterdam, is being auctioned off for $1bn. It is understood that Candover, HgCapital, Hellman & Friedman and Providence Equity Partners have expressed interest in acquiring the company....
DENMARK - NorthCap injects $2.3m in Zmags
NorthCap Partners has injected $2.3m in Zmags, a Copenhagen-based online publications specialist.
UK - Octopus backs £15m buyout of broadcast media agency
Octopus Investments has supported the ТЃ15m buyout of Bruce Dunlop & Associates (BDA). Octopus has invested ТЃ5m from its equity and mezzanine funds to take a minority stake in broadcast media agency BDA. The deal was introduced to Octopus by Baker Tilly....
SWEDEN - Segulah completes SEK 2bn recapitalisation of Dacke
Segulah has completed a SEK 2bn recapitalisation of Dacke OMC, a provider of hydraulic equipment and engineering solutions.
GERMANY – b-to-v leads investment in Carsablanca
b-to-v has led a funding round for old-timer internet platform carsablanca.de, raising an undisclosed sum for Hamburg-based Carsablanca GmbH, the company which runs the website. The company plans to boost the platform’s capacity and increase functions...