Deals
FRANCE - Turenne provides EUR 1.7m to fund Satam acquisition
Turenne Capital has provided portfolio company Satam, a provider of industrial metering systems, with EUR 1.7m to finance the purchase of sector rival Meci.
UK- Blackstone-backed Deutsche Telecom may sell UK operations
Blackstone-backed Deutsche Telecom is reportedly under pressure from its main shareholders to sell its troubled UK mobile operations, T-Mobile.
UK/NORWAY - Kenda merges three portfolio companies
Kenda Capital has merged three of the portfolio companies in its managed fund Shell Technology Ventures Fund I to create Tendeka, an oil and gas services business.
GERMANY - Hasso Plattner Ventures invests in Feedzilla
Hasso Plattner Ventures has invested an undisclosed sum into software company Feedzilla AG, alongside business angels Arnon Katz and Mehrdaad Piroozram.
FRANCE - Alven et al. invest EUR 12m into Ercom
Alven Capital, OTC AM and A Plus Finance have invested EUR 12m into telecommunications company Ercom, alongside historic investor Capzanine, which remains the largest shareholder in the company.
NETHERLANDS - Cyrte acquires Bol.com
According to reports, pan-European investment firm Cyrte, has acquired online book retailer Bol.com from German media group Holtzbrinck Networks Verlag Welt and Bild in an auction organised by Goetz.
FRANCE - Evolem power Evasol with EUR 2.2m
Evolem has taken a minority stake in Evasol, a solar installations company for EUR 2.2m.
UK - PUK Ventures et al. invest £1.1m into Monica Healthcare
PUK Ventures has invested £750,000 as part of a funding round totalling just over £1m for Monica Healthcare Limited, alongside Catapult Venture Managers, University of Nottingham and private investors.
UK - Carlyle and Net Partners exit bfinance
The Carlyle Group and Net Partners have wholly exited their investment in independent financial services consultancy bfinance through a management buyout led by chief executive David Vafai.
FRANCE - 360 and Gant invest EUR 1m into Vupen Security
360 Capital Partners and Gant & Partners have injected EUR 1m into Vupen Security, a security research company that advises on potential IT threats.
UK - LDC-backed Ultimate Products acquires Intempo
LDC-backed Ultimate Products, a homeware merchandise supplier, has acquired Manchester-based electronic equipment firm Intempo Digital for an undisclosed sum.
FRANCE - UFG PE invests EUR 5m into Arkadin
UFG Private Equity, via its funds FCPI Diadième III and IV, has invested EUR 5m into Arkadin, a provider of audio and web conferencing services, in a third round of funding.
UK - Sovereign-backed NFA makes three bolt-on acquistions
Sovereign Capital-backed National Fostering Agency (NFA) has completed three bolt-on acquisitions to expand its coverage across the nation: Children First Fostering Agency Ltd (CFFA), Alliance Foster Care Limited and Alpha Plus Fostering Ltd.
AUSTRIA – Atlas co-leads EUR 14m ProtAffin financing
Atlas Venture and SR One Ltd, the corporate venture fund of GlaxoSmithKline, have co-lead a EUR 14m Series-B round of financing for biotechnology company ProtAffin AG, alongside existing investors Aescap Venture, Entrepreneurs Fund and Z-Cube.
SWITZERLAND - Newfund makes maiden investment in Learnissimo
Newfund has made its first investment: purchasing a minority stake in Learnissimo, an e-learning company.
GERMANY – Quadriga-backed Tectum acquires Alex & Gross
Quadriga Capital portfolio company Tectum Group, a call centre operator, has acquired sector rival Alex & Gross Group from the management and EKK Dr Engelhardt, Kaupp and Kiefer Unternehmensbeteiligungen GmbH.
GERMANY - Stargate Capital acquires Gehring Group
Investment firm Stargate Capital has acquired specialty machines manufacturer Gehring Group from insolvency.
UK - 3i and Doughty further invest in Garlik
3i and Doughty Hanson Technology have led a £1.6m series-C funding round for online identity company Garlik, alongside management and individual investors.
CZECH REPUBLIC – ARX acquires Lexum with debt from LBBW
ARX Equity Partners has wholly acquired Czech opthamology clinic operator Lexum Group. The deal was backed by senior debt from LBBW Bank in the Czech Republic.
UK - NWBIS invests in EA Technology Ventures
North West Business Scheme (NWBIS), managed by YFM Private Equity, has invested an undisclosed sum into funding vehicle EA Technology Ventures, part of the EA Technology Group.
UK - Acton et al. invest £10m into Glasses Direct
Acton Capital Partners has led a £10m second round of funding for prescription glasses retailer Glasses Direct, alongside return backers Index Ventures and Highland Capital Partners.