Deals
DENMARK - Vækstfonden and angels back Teklatech with DKK 5m
Danish government-backed venture fund Vækstfonden has alongside five business angels invested DKK 5m into software business Teklatech. Vækstfonden contributed half of the total deal value.
FRANCE - BPE-backed Martek buys Semelec
Barclays Private Equity-backed Martek Power, a power conversions company, has purchased Semelec, a metrology company. The deal is Martek's second build-up operation after the purchase of a rival company in early 2009.
DENMARK - Via Ventures backs DKK 30m Medotech funding
Danish venture fund Via Venture Partners has participiated in a DKK 30m investment round for Danish biotech company Medotech A/S.
UK - Synova-backed Lunan acquires NICA
Handbag and accessories business The Lunan Group, which is majority owned by Synova Capital, has acquired handbag brand NICA for an undisclosed sum.
UK - LDC to acquire eight Midlands radio stations
LDC and radio industry veteran Phil Riley have agreed to acquire eight Midlands radio licenses from commercial radio group Global Radio for an undisclosed sum.
UK - Accel et al. invest $17m into Seatwave
Accel Partners has led a $17m series-D funding round for fan-to-fan ticket exchange company Seatwave, alongside existing investors Fidelity Ventures, Atlas Venture, Mangrove Capital Partners and Adinvest.
UK - Octopus invests £1.1m into Phase Vision
Octopus Ventures has invested £1.1m into optical inspection solutions manufacturer Phase Vision, in exchange for a significant minority stake in the business.
SPAIN - Palamon and G Square invest in Grupo Sar
Mid-market buyout house Palamon Capital Partners and healthcare dedicated investor G Square have completed an investment into Spanish elderly care services provider Grupo SAR.
SBOs to make comeback
Looking at UK developments could give hints of where Nordic private equity will make its next move. Kimberly Romaine and Rikke Lilla Eckhoff report
GERMANY - Nord Holding acquires bakery business from Hannover Finanz
Nord Holding has, together with the management, wholly acquired bakery company De Maekelbörger GmbH from HANNOVER Finanz for an undisclosed amount.
GERMANY - eCAPITAL invests in SmartHouse
eCAPITAL Enrepreneurial Partners, via Gründerfonds Bielefeld-Ostwestfalen, has invested in housing solutions company SmartHouse GmbH.
UK - LGE invests $10m into Advanced Plasma Power
Private equity fund Leveraged Green Energy (LGE) has invested $10m into waste management company Advanced Plasma Power (APP), in exchange for a 10% stake in the business.
SPAIN - 3i-backed Boomerang TV acquires 3Koma
3i-backed broadcasting group Boomerang TV has acquired Basque television content producer 3Koma for an undisclosed sum.
SPAIN - Inveready and La Caixa back AQsense
Venture investors Inveready and La Caixa Capital Risc have invested a EUR 300,000 as part of a EUR 500,000 funding round for visual systems start-up AQsense, taking a 30% stake in the business.
IRELAND - Sverica and Housatonic acquire Oasis Holdings
US-based investors Sverica International and Housatonic Partners have acquired records storage business Oasis Holdings Limited.
UK - Candover's Wood Mackenzie sale close
The sale for troubled Candover's energy consulting company Wood Mackenzie is reportedly to close on Monday, with several buyout houses, including Bain Capital, Charterhouse Capital Partners, Hellman & Friedman and Warburg Pincus, said to be preparing...
GERMANY - BluO acquires Pit-Stop from PAI-subsidiary Kwik-Fit
Private equity newcomer BluO has acquired Pit-Stop Auto Service GmbH, the German division of car service business Kwik-Fit Holdings, a portfolio company of PAI Partners, for an undisclosed amount.
ITALY - Buyout interest in Banca Fideuram
Reports suggest that several buyout houses have expressed an interest in bidding for Italian bank Intesa Sanpaolo's subsidiary Banca Fideuram, which could have a price tag of up to EUR 3bn.
UK - Permira exits Britvic
UK buyout house Permira has reportedly exited its 14% stake in listed British soft drink manufacturer Britvic, in a deal valued at approximately £80m.
UK - Endless acquires British Bookshops and Stationers
Turnaround specialist Endless has acquired beleaguered British Bookshops and Stationers for an undisclosed sum.
UK - Hotbed invests £3.3m into Burcote Wind
Private investor network Hotbed has invested £3.3m into UK-based wind farm developer Burcote Wind, alongside company management.