Deals
BULGARIA - Advent backs tile maker KAI
Advent International has acquired a 70% stake in KAI Group, the largest maker of floor, wall and decorative ceramic tiles in Bulgaria.
UK - IMAC invests £7.5m in QobliQ
Ingenious Media Active Capital Ltd (IMAC) has invested up to ТЃ7.5m in start-up company QobliQ Ltd. Qobliq was formed with the aim of creating an international innovative marketing services group, combining sponsorship, digital and experiential marketing....
SPAIN – N+1 exits Viscofan
N+1 has sold its 5% stake in Viscofan for approximately EUR 40m reportedly doubling its initial investment.
ITALY – Cape invests in healthy living
Cape LIVE has acquired a 3% shareholding in International Bar Holding, investing approximately EUR 2.5m.
SPAIN/PORTUGAL – GED backs business support services provider
Buyout house GED has acquired a 22.97% stake in Portuguese SERLIMA in a deal valued at approximately EUR 3m.
UK - Matrix realises 2.5x from cake exit
Matrix Private Equity Partners has realised 2.5x its original investment through the sale of Ministry of Cake to the Greencore Group, for ТЃ12m. The exit sees Matrix, which invested through three of its VCTs, receive ТЃ5m in cash from the sale. Over the...
SPAIN – Nauta Capital invests EUR 2.6m in biometrics firm
Buyout house Nauta Capital has invested EUR 2.6m in Agnitio, a biometrics security company.
CEE - Horizon Capital invests in FinComBank and MTB
Horizon Capital has acquired a 25% stake in Moldova-based FinComBank and a 31.5% stake in Belarus-based MTB, expanding its financial institution portfolio further.
DENMARK - Sofinnova and Gilde invest EUR 17.6m in Ascendis
Ascendis Pharma, a Copenhagen based pharmaceutical company, has attracted a EUR 17.6m series-A financing round. The investment round was co-led by Sofinnova Partners and Gilde Healthcare Partners. Zweite TechnoStart Ventures Fonds GmbH & Co KG also participated...
ROMANIA - Advent International acquires Ceramica for EUR 35m
Advent International has acquired a 70% stake in Bucharest-listed Ceramica Iasi, a ceramic bricks and clay roof tiles producer. The transaction total was EUR 35m including new investment. Advent has brought in a new management team following the acquisition....
GERMANY – KKR sells Argillon Group to Johnson Matthey
KKR portfolio company Demag Holding S.à r.l., based in Luxembourg, has signed an agreement to sell Argillon Group, a diversified company in advanced ceramic materials headquartered in Redwitz, to Johnson Matthey Plc, for EUR 214m in cash. In the fiscal...
GERMANY/LUXEMBURG – Odewald & Compagnie acquires SaarGummi from Orlando
Oldewald & Compagnie has acquired SaarGummi Technologies S.a.r.l in a secondary buyout from Orlando Management GmbH for an undisclosed sum. SaarGummi manufactures sealing systems and mouldings for automotive and industrial applications. The company employs...
UK - Duke Street buys value retailer from BPE for £68.5m
Duke Street Capital (DSC) has backed the ТЃ68.5m secondary management buyout of The Original Factory Shop from Barclays Private Equity (BPE). The Original Factory Shop is a value retailer, headquartered in Burnley, Lancashire. It has 84 outlets across...
UK - Darwin Private Equity acquires Maximuscle for £75m from Piper
Darwin Private Equity has completed its first transaction with the ТЃ75m acquisition of sports nutrition company Maximuscle from Piper Private Equity. nabCapital provided acquisition finance to the deal alongside Royal Bank of Scotland and CapitalSource....
FRANCE - AtriA backs secondary MBO of Bois et Chiffons
AtriA Capital Partners have completed then secondary management buyout of Bois et Chiffons from Capzanine and CDC Capital Investments.
SPAIN – Demeter's third investment in renewables
French buyout house Demeter has invested EUR 16m in renewable-energy producer Ambene.
FINLAND - Creandum joins existing investors in Aito Technologies
Creandum has participated in a series-A funding round for Aito Technologies, a Finnish software company. Creandum joins Conor Venture Partners to support the business’ market expansion.
PORTUGAL/SPAIN – MCH and Explorer Investments acquire coffee distributor
Spanish and Portuguese buyout houses, MCH and Explorer Investments have acquired coffee distributor Nutricafés.
SWEDEN - Segulah acquires natural snack business Nilssons Gott
Segulah III L.P has acquired Nilssons Gott AB, a Swedish producer of natural snacks for an undisclosed sum. The founder, Rolf E. Nilsson, will retain a 20% shareholding in the business.
DENMARK - Montagu sells VetXX to Dechra Pharmaceuticals
Montagu Private Equity has sold VetXX, the Danish developer, producer and marketer of animal veterinary products, to UK-based Dechra Pharmaceutical, an international veterinary pharmaceutical business.
UK - Dunedin exits Trafficlink in £16.5m deal
Dunedin has sold Trafficlink, a distributor of traffic and travel data to ITIS Holdings Plc for ТЃ16.5m. The deal has generated a money multiple of 3x on Dunedin's seven year investment. Trafficlink's information reaches 42 million people each week with...
FRANCE - Forbion leads EUR 30m B-round financing of Fovea Pharmaceuticals
In France's largest early-stage biopharmaceutical deal for a year, Fovea Pharmaceuticals has raised EUR 30m from a syndicate of venture capital investors led by Forbion Capital Partners.
FRANCE - Partech, Elaia and IRDI invest EUR 2.3m in GooJet
Partech International, Elaia Partners and IRDI have announced a EUR 2.3m investment in mobile software developer GooJet.
GERMANY – KKR and Permira acquire 12% of ProSiebenSat.1
KKR and Permira have together acquired an additional 12% of listed German television corporation ProSiebenSat.1 Media AG for EUR 509.4m. The 12% shareholding was previously held by publishing group Axel Springer.