Deals
FRANCE - Wellington Partners invests EUR 10m in TravelHorizon
Munich-headquartered Wellington Partners has invested EUR 10m in online tour operator Travel Horizon.
FRANCE – 3i backs online retailer Twenga
3i has invested approximately EUR 2.6m in online retailer Twenga.
UK - Gresham scoops 4x on Warings exit
Gresham Private Equity has scooped returns of 4x from the sale of building contractor Warings. The Portsmouth-based business has been acquired by French Group, Bouygues Construction. Gresham invested ТЃ3m to support the ТЃ12m management buyout of Warings...
UK - Barclays Ventures completes £15m training services MBO
Barclays Ventures has completed the ТЃ15m management buyout of Develop Training (Develop), a leading provider of training services to the utility sector. HSBC Leveraged Finance provided acquisition debt facilities. The deal represents Barclays Ventures'...
GERMANY - bmp and VC-Fonds Berlin finance mobile DailyME.TV
bmp Media Investors AG & Co. KGaA and the VC-Fonds Berlin are taking a stake in mando.TV GmbH with its mobile phone TV-platform DailyME.TV. bmp Media Investors and VC-Fonds Berlin each assume just under 24%, yoc AG 2%, with the majority of the company...
AUSTRIA - SensorDynamics closes EUR 25m series-B round
SensorDynamics has closed a EUR 25m series-B funding round. The new capital was provided by a consortium of investors that included existing investors Global Equity Partners with HTA III Venture Beteiligungs-Invest AG, Siemens Venture Capital and DEWB....
UK - Exponent acquires Radley handbags from Phoenix in £130m deal
Exponent Private Equity has acquired Radley + Co, the ladies handbag and accessories brand, from Phoenix Private Equity in a ТЃ130m secondary buyout deal. Radley + Coтs revenues are expected to exceed ТЃ60m in the year to end of April 2008 and have increased...
IRELAND - Claret Capital invests EUR 21m in private jet start-up
Dublin-based Claret Capital has led a EUR 21m funding round for JetBird, a private jet start-up that intends to fly to 75 European airports.
UK - Barclays Ventures leads £10m+ BIMBO of environmental businesses
Barclays Ventures has backed the ТЃ10m+ BIMBO of two environmentally-driven businesses, Solar Home Energy and Warmroof. Both businesses are headquartered in Bournemouth, but operate nationally. The combined turnover of the two companies is around ТЃ20m...
GERMANY – Advent International sells SAG to EQT V
Advent International has sold SAG, a European provider of energy-related infrastructure services to utilities, to EQT V, for an undisclosed sum. SAG provides build and maintenance outsourcing services for utilities in their transmission and distribution...
SWEDEN - ChromoGenics secures $2.3m from BankInvest
ChromoGenics, a Swedish developer of electrochromic technology, has closed a $2.3m funding round from BankInvest. The financing will be used to scale-up the company’s production capacity.
UK - Gresham completes fourth deal in two months
Gresham Private Equity has completed its fourth deal in two months. Gresham has invested ТЃ21m in Hotter Shoes, a Lancashire-based manufacturer and multi-channel retailer of shoes. Hotter generates sales of ТЃ38m per year and aims to double its turnover...
UK - Investec sees 45% IRR from Plastics Capital IPO
Investec Growth & Acquisition Finance has exited its minority shareholding in Plastics Capital generating an IRR of 45% on its three year holding period. Plastics Capital, a consolidator of niche plastics products manufacturers, floated on AIM yesterday...
HUNGARY - Riverside adds Novamed to Diatron
The Riverside Company has acquired Novamed , an Israeli company operating in the field of microbiology and infectious disease testing. The company is an add-on to the platform company Diatron , a Hungarian-based manufacturer of haematology analysers...
UK - YFM backs TBiConnect with £330,000
YFM Group has invested ТЃ330,000 from its South West Ventures Fund into business-to-business eCommerce service TBiConnect.
GERMANY – Finatem exits MBB Liftsystems
Finatem has led the sale of portfolio company MBB Liftsystems AG to Austrian Palfinger Group for an undisclosed sum. The majority shareholder Ixen Partners and another minority investor also realised their stakes on that occasion. MBB Liftsystems is a...
FRANCE - Tetco raises additional EUR 2.1m
ACE Management has invested an additional EUR 2.1m in VoIP specialist Tetco, bringing total funds raised to EUR 10m.
ITALY – Cape Live invests EUR 4.98m in Area Impianti
Cape Listed Investment Vehicle in Equity (Cape Live) has committed EUR 4.98m to environmental company Area Impianti. The deal sees Cape Live take a 10.9% stake in the company.
FRANCE - 123Venture invests in sex toys
123Venture has invested EUR 1m in a EUR 1.5m seed round of funding for YESforLOV, a cosmetics brand intended for sensual pleasure and well-being.
SPAIN – Monitor Capital acquires Spanish catering business
Monitor Capital has acquired 95% of Franquicias Hoteleras, a catering business with 15 operations in 10 of the country’s provinces.
ITALY – Innogest Capital invests EUR 2m in data management player
Italian venture capital firm Innogest Capital provided Internet intelligence company IntelligenceFocus with a second round of financing valued at approximately EUR 2m.
GERMANY – antispameurope receives expansion capital
High-Tech Gründerfonds, Neuhaus Partners, and hannover innovation funds (hfi) have invested an undisclosed sum in antispameurope GmbH. The early-stage funding will be used to invest in the company's sales and marketing abilities. antispameurope is a Hanover-based...
UK - Advent International completes £523.9m delisting
Advent International has completed the ТЃ523.9m acquisition of Domestic & General Group Plc (D&G) following a successful offer for its shares listed on the London Stock Exchange. D&G is the first fully-financed public-to-private transaction announced...
UK - TA Associates pulls Sophos float
TA Associates IT security portfolio company Sophos has decided not to list this week on the London Stock Exchange. The IPO would have valued the business at approximately ТЃ325m. TA Associates owns a 20% stake in the company in which it invested ТЃ41m...