Deals
SWEDEN - Uminova Invest backs Avtre
Swedish venture capital firm Uminova Invest has invested an undisclosed sum into software business Avtre AB.
GERMANY - Leonardo Venture increases stake in two portfolio companies
Leonardo Venture has increased its stakes in portfolio companies ISIS sentronics GmbH and MedicalCommunications Soft- und Hardware GmbH, for a combined value of nearly EUR 2m.
FRANCE - Qualcomm provides further EUR 4m for Inside Contactless
Qualcomm Ventures has invested a further EUR 4m into semiconductor company Inside Contactless, bringing the third round of investment to a total of nearly EUR 32m.
UK - Clarus et al invest £21m into Heptares
Clarus Ventures, MVM Life Science Partners and Novartis Option Fund have invested £21m in a first round of funding for drug discovery company Heptares Therapeutics Ltd.
FRANCE - ICSO PE backs Leyio with EUR 1.5m
ICSO Private Equity and IRDI have provided Leyio with EUR 1.5m in a first round of financing.
SPAIN - N+1 downsizes fund
It is understood that Spanish asset manager and private equity house has downsized the size of its EQMC fund by 30%.
SPAIN - Doughty Hanson in talks over Yoigo deal
According to reports, UK buyout house Doughty Hanson is in talks regarding an investment into Spanish mobile business Yoigo with majority owner Swedish-Finnish telephone operator TeliaSonera.
GERMANY – Kennet leads EUR 10m sprd.net investment
Kennet Partners has led a EUR 10m funding round for customisation apparel company sprd.net AG, alongside existing investor Accel Partners.
FRANCE - Pragma leads Leyton & Associés SBO
Pragma Capital has acquired a majority stake in consultancy Leyton & Associés as part of a EUR 130m secondary management buyout of the firm from iXEN Partners and Capzanine, with listed Belgian investor Gimv co-investing and taking a minority interest.
UK - Graphite embarks on timber buy-and-build
Graphite Capital has acquired a majority stake in timber windows producer Performance Window Group (PWG) for an undisclosed sum.
FRANCE - Creathor Venture invest in Mobiles Republic
Creathor Venture has invested an undisclosed sum into mobile internet start-up Mobiles Republic in a first round of financing.
FRANCE/US - AGF, Balderton and Partech invest $9m into TVtrip
New investors AGF Private Equity and historic backers Balderton Capital and Partech International have invested $9m into TVtrip.com, an online hotel viewing site, in a second round of financing.
ITALY - Sator becomes majority shareholder in Banca Profilo
Sator Private Equity has invested EUR 110m into Banca Profilo as part of a capital increase, taking a majority stake in the bank.
UK - Inflexion reaps 1.5x money from sale of CHKS
Inflexion Private Equity has wholly exited healthcare performance benchmarking specialist CHKS Limited in a trade sale to Capita Group Plc, generating returns of more than 1.5x the investment. Capita cites the price tag for the deal as £11.6m.
AUSTRIA - Pontis- and uni-backed Alumonte files for insolvency
Pontis Venture and uni venture-backed ALUmonte Technologiefortschritt in Aluminium GmbH has filed for insolvency.
SWEDEN - STING Capital backs Cortus with SEK 2m
STING Capital has invested SEK 2m into renewable energy developer Cortus.
UK - Golden Gate sells stake in Micro Focus
Reports suggest that Golden Gate Capital is to sell its 22.3% stake in business software developer Micro Focus International Plc, in a deal that is thought to be worth approximately £117.1m.
NORWAY - Herkules buys Tilbords from subsidiary
Norwegian buyout house Herkules Capital has acquired kitchen and interior products retailer, Tilbords, from Nordic Interior Group (NIG), a portfolio company in Herkules Private Equity Fund II.
FRANCE/US - CAPE leads $8m Bizanga funding
Crédit Agricole Private Equity has led an $8m investment into US-based software company Bizanga, alongside returning investor Galileo Partners.
IRELAND - Novartis et al. invest EUR 18m into Opsona
Novartis Venture Fund, Foundtain Heathcare Partners, Inventages Venture Capital and Seroba Kernel Life Sciences have invested EUR 18m in a second round of funding for biotechnology company Opsona Therapueutics.
FINLAND - Bridgepoint to de-list Terveystalo
Pan-European buyout house Bridgepoint has received acceptance from approximately 96% of shareholders of listed Finnish healthcare provider Terveystalo Healthcare Oyj for its EUR 2 per share takeover bid.
ITALY - AXA PE takes minority stake in TRE & Partners
AXA Private equity has taken a 45% stake in TRE & Partners, a newly established holding company designed to invest in wind, hydro and solar projects in Italy, as part of a joint venture with Italian industrial group Tozzi.
FRANCE - CAPE and Alven back MonShowRoom with EUR 4.3m
Crédit Agricole Private Equity (CAPE) and Alven Capital have invested EUR 4.3m into online retail company MonShowRoom.com in a second round of financing.
GERMANY - zouk leads EUR 10.4m funding round for Triton-Format
zouk ventures has led a EUR 10.4m financing round for water management specialist Triton-Format AG, alongside US-based investor group Meidlinger Partners.