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Deals

AUSTRIA/NORWAY - GCP-backed Identec acquires TunnelCom

Gamma Capital Partners-backed Identec Solutions AG, an Austria-based supplier of industrial tracking and tracing solutions, has acquired Norway-based TunnelCom, a provider of automatic tagging solutions for the tunnel, mining, oil and gas industries.

  • Portfolio management
  • 24 March 2009
UK - Kennet supports GoViral

Kennet Partners has supported video advertising company GoViral with a EUR 6.5m investment.

  • Expansion
  • 24 March 2009
CZECH REPUBLIC - Odien interested in CSA

According to reports, Turkish/Czech private equity firm Odien is one of four parties that is thought to have presented a takeover bid for Czech Airlines, with press speculation putting the potential deal value at around CZK 5bn (approximately EUR 183m).

  • Buyouts
  • 24 March 2009
DENMARK – Vækstfonden et al. invest DKK 11m into games developer

Government-backed Vækstfonden backed an DKK 11m investment into Playdead, a Danish business that develops the online game Limbo, together with CAT Science and FAHU.

  • Early-stage
  • 24 March 2009
ITALY - Quantica to invest in Banzai

Quantica SGR is to invest an undisclosed sum into Italian web operator Banzai.

  • Early-stage
  • 23 March 2009
UK - Zeus-backed XLN makes acquisition

Zeus Private Equity has backed portfolio company XLN Telecom, a telecommunications provider, in its acquisition of sector rival OneBillTelecom.

  • Expansion
  • 20 March 2009
GERMANY – Creathor Venture invests in Tellja

Creathor Venture has invested an undisclosed sum into online marketing portal Tellja GmbH.

  • Early-stage
  • 20 March 2009
RUSSIA - Aurora backs OSG with $1m

Listed Russian private equity fund Aurora Russia has invested a further $1m into OSG Records Management, a supplier of document storage and data facilities, in the form of a convertible loan.

  • Expansion
  • 20 March 2009
UK – KCP supports £3.6m Sabotage BIMBO

Key Capital Partners has backed the buy-in management buyout of fashion business Sabotage Ltd, which trades as Fly53, in a deal valued at £3.6m.

  • Buyouts
  • 20 March 2009
UK – Braveheart invests £150,000 into Traak

Braveheart Investment Group has supported sensor technology business Traak Systems Ltd with a£150,000 investment.

  • Expansion
  • 19 March 2009
SPAIN - HgCapital builds solar presence

HgCapital's Renewable Power Partners Fund has purchased stakes in three Spanish solar photovoltaic (PV) plants from AIG Financial Products Corp and investment banking firm 360 Corporate. The deal represents an enterprise value of EUR 300m.

  • Expansion
  • 19 March 2009
SWEDEN - Micron leads $8m funding round for Edgeware

Micron Technologies has a led an $8m series-B financing round for Edgeware, a supplier of server systems for on-demand TV, alongside existing investors Creandum Advisor and Amadeus Capital Partners.

  • Expansion
  • 19 March 2009
GERMANY – Affentranger Associates invests in InflaRx

Affentranger Associates has invested an undisclosed sum into antibodies company InflaRx GmbH as part of a series-A funding round, alongside bm-t.

  • Early-stage
  • 18 March 2009
UK - Octopus invests £2m into e-Therapeutics

Octopus Ventures has supported AIM-listed drug discovery company e-Therapeutics Plc with a £2m investment.

  • Early-stage
  • 18 March 2009
FRANCE - A Plus and 360 invest EUR 3m into YellowKorner

A Plus Finance has joined previous investor 360 Capital Partners in a EUR 3m funding round for YellowKorner, an art-photography retailer.

  • Expansion
  • 17 March 2009
FRANCE - AXA PE, Partech and Orkos to exit B3G

AXA Private Equity, Partech International and Orkos Capital are set to sell telecommunications company B3G Telecom to Altice for an undisclosed sum.

  • Exits
  • 17 March 2009
ITALY - Arca reaps 1.9x returns from Mazzoni sale

Arca Impresa Gestioni has sold its stake in Mazzoni LB to holding Sagittario for an undisclosed sum, a deal that netted the investor a 17% IRR and a cash multiple of 1.9x.

  • Exits
  • 17 March 2009
FRANCE - Avenir and Oséo invest EUR 1.1m into Ecologistique

Avenir Entreprises, via its fund Avenir Entreprises Mezzanine, and Oséo have co-invested EUR 1.1m into eco-freindly chemical company Ecologistique.

  • Expansion
  • 17 March 2009
FRANCE - Galaxis Capital supports Novomed

Galaxis Capital has purchased a stake in medical equipment company Novomed Group an undisclosed amount, alongside founders Hervé and Didier Libermann.

  • Expansion
  • 17 March 2009
FRANCE - BNP PE et al. invest EUR 3.5m into Ion Beam

BNP Private Equity, Investis and Vizille Capital Innovation have invested EUR 3.5m into Ion Beam Services (IBS), an ion implantation products company.

  • Early-stage
  • 17 March 2009
DENMARK - Apax, Permira-backed TDC acquires Fullrate

Danish venture capital firm SEED Capital has sold broadband provider Fullrate to telecommunications company TDC A/S, which is owned by a private equity consortium including Apax Partners and Permira, for an undisclosed sum.

  • Exits
  • 17 March 2009
UK - Finance Wales supports £475,000 Agg Jones funding

Finance Wales has invested an undisclosed sum into recruitment company Agg Jones Search and Selection Ltd as part of a £475,000 funding round.

  • Expansion
  • 17 March 2009
GERMANY – HTGF and TGFS back pluriSelect with EUR 600,000 investment

High-Tech Gründerfonds (HTGF) and the Technologie Gründerfonds Sachsen (TGFS) have invested EUR 600,000 into biotechnology business pluriSelect GmbH.

  • Early-stage
  • 16 March 2009
GERMANY - Ventizz sells innovatis AG for EUR 15m

Ventizz Capital Partners has agreed to sell its stake in innovatis AG, a provider of automated cell analysis solutions, to Roche Diagnostics for EUR 15m.

  • Exits
  • 16 March 2009
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