Deals
FRANCE - Seventure returns for EUR 11.5 financing of assurOne
Returning investor Seventure Partners has alongside new investors CDC Entreprises and Philippe Louis-Dreyfus invested EUR 11.5m into assurOne, an internet insurance provider.
FRANCE - Platina purchases Compobaie assets
Platina Partners has acquired the assets of Compobaie, a producer of pre-fabricated window units for residential housing, from the French courts, forming Compobaie Solutions SAS.
FRANCE - Sofinnova leads EUR 6m DBV funding
Sofinnova Partners has provided EUR 4m as part of a EUR 6m financing round for biopharmaceutical company DBV Technologies, with the balance being supplied by new investor ALK-Abello, a leading worldwide immunotherapy company.
EUROPE - Final quarter records lowest deal value for a decade
Though it will come as no surprise that private equity investment in Europe dropped considerably in the final quarter of 2008, the scale of the decline just might; with deal value sliding 59% against the preceding three months from around EUR 20bn to...
FRANCE - Naxicap and ICSO invest EUR 3.4m into Exakis
Naxicap Partners and IRDI-ICSO have returned for a EUR 3.4m third round of financing for IT advisory services company Exakis, with each providing half of the total.
FINLAND - Nexit Ventures and FII support Axel with EUR 2.4m
Existing investors Nexit Ventures and Finnish Industry Investment Ltd (FII) has invested EUR 2.4m in multistandard mobile TV developer Axel Technologies.
FINLAND - FII, InnKap and Tempo Capital back Silecs with EUR 6m
Government-backed Finnish Industry Investment Ltd (FII) has alongside InnovationsKapital and Tempo Capital Partners invested EUR 6m in Silecs Oy, a developer of materials for the microelectronics industry.
FINLAND - FII, InnKap and Tempo Capital back Silecs with EUR 6m
Government-backed Finnish Industry Investment Ltd (FII) has alongside InnovationsKapital and Tempo Capital Partners invested EUR 6m in Silecs Oy, a developer of materials for the microelectronics industry.
CZECH – Royalton acquires ACTIV
Royalton Partners has acquired a 67.5% stake in Czech parking operator ACTIV AS.
UK - LCA-backed Living Villages enters administration
Living Villages Holdings Limited, a construction company specialising in low carbon properties backed by Low Carbon Accelerator (LCA), is being put into adminsitration.
CZECH - Benson acquires BTV
Benson Oak Capital has acquired automotive plastics parts producer BTV Plast.
GERMANY - S-Refit sells DRONCO stake
S-Refit AG has sold its stake in abrasives company DRONCO AG to the wife of the firm's majority shareholder and CEO for an undisclosed sum.
SPAIN - Thesan to acquire Aurgi
According to reports, Thesan Capital is poised to acquire auto repair shop Aurgi from AC Desarrollo for a cash consideration of EUR 4.7m plus the stocks held in the 26 of the 29 stores they intend on purchasing, which could amount to an additional EUR...
UK - EV reaps 142% IRR from H2O exit
North of England-focused investor group Enterprise Ventures (EV) has wholly exited its stake in fibre optics business H2O Networks in a management buy-back, achieving returns of 3.6x cost and an IRR of 142% over the course of the investment.
SWITZERLAND - Cross acquires Schwab Verkehrstechnik AG
Cross has acquired rolling stock technology company Schwab Verkehrstechnik AG from Schwab Holding AG for an undisclosed sum.
UK - Delphic acquires iQur
Delphic Ltd, a provider of specialist diagnostics for HIV backed by MMC Ventures, The Capital Fund and Ulive Enterprise, has acquired the diagnostics business of biotechnology company iQur.
GERMANY - Alster Equity Partners and WMS back GEMAC MBO
Alster Equity Partners GmbH (AEP), alongside Wachstumsfonds Mittelstand Sachsen (WMS) and company management, acquired micro electronics company GEMAC Gesellschaft für Mikroelektronikanwendung Chemnitz mbH (GEMAC).
FRANCE - Argos invests EUR 1m into Buffet Crampon
Argos Soditic has invested EUR 1m into portfolio company Buffet Crampon to finance the development of a new line of 20,000 clarinets per year.
GERMANY - HTGF supports HiperScan GmbH with EUR 500,000
High-Tech Gründerfonds (HTGF) has acquired a minority stake in near infrared spectroscopy (NIR) analytic company HiperScan GmbH for EUR 500,000.
FRANCE - Argos Soditic sells Jaybeam Wireless
Argos Soditic has sold Jaybeam Wireless, a manufacturer of cellular antennas for wireless telecommunications, to US-based connectors specialist Amphenol.
UK - Foresight injects £5m into 2K Manufacturing
Foresight Group has invested £5m into 2K Manufacturing, a waste recycling company.
GERMANY - Private equity said to be interested in HeidelbergCement
According to reports, Goldman Sachs, TPG, Bain Capital and PAI partners are among several large buyout firms considering an investment in building materials company HeidelbergCement, which is said to be struggling with its debt after the takeover of British...
BELGIUM - LSRP and Hunza Ventures in B-round for Cardio3 BioSciences
Belgian investment group Life Science Research Partners has particapted in a EUR 7.2m in a series-B round for biotech company Cardio3 BioSciences alongside new and existing investors.
UK - Octopus supports Zoopla.co.uk with £2m
Octopus Ventures has invested £2m in online property information website Zoopla.co.uk in a £3.75m series B-round.