Deals
UK - CVC interested in Royal Mail
Reports suggest that CVC Capital Partners is interested in taking a stake in postal operator Royal Mail.
DENMARK - 7TM Pharma secures USD 75m from existing investors
7TM Pharma, a developer of drugs targeting metabolic disorders, has closed a financing round securing USD 15m from existing investors. The firm's current investors include Index Ventures, Novo A/S, Alta Partners and Sofinnova Partners among others.
FRANCE - Banexi and CDC inject EUR 4.7m into Kewego
Existing investors Banexi Venture Partners and CDC Entreprises have supported Kewego, an internet video company, with EUR 4.7m in a third round investment.
FRANCE - Actem Partners exits Datavance
Actem Partners has sold its minority stake in Datavance, an IT services firm, to Adecco. Founders Stephane Lévy and Eric Rozanes retain a stake and remain with the company.
SWEDEN - MedCap increases stake in Handitek
MedCap has acquired a further 33% of Handitek AB for SEK 6.6m, increasing its stake in the company to 51%.
LUXEMBOURG - IDeA acquires Blue Skye
IDeA Alternative Investments and DeA Capital have acquired Blue Skye Investment Group from DB Zwirn together with management. The vendor retains a minority stake in the company.
FRANCE – Turenne Capital injects EUR 1.29m into Pellenc
Turenne Capital has invested EUR 1.29m into Pellenc Selective Technologies.
FRANCE - Montefiore-backed Asmodée makes three acquisitions
Montefiore Investment's portfolio company Asmodée Group, a distributor and publisher of collectible cards and board games, has made three external growth acquisitions: Belgian game distributor Hodin; Spanish game developer Cromola; and German Proludo.
FRANCE - AXA PE purchases 16.7% stake in Lusis
AXA Private Equity has acquired parts of Fairchild's shareholding in software company Lusis. Following the transaction, AXA PE will hold a 16.7% stake in the company.
GERMANY - eCapital et al inject EUR 8.5m in Novaled
eCapital, TechnoStart, KfW and Tudag, Credit Agricole Private Equity, TechFund and CDC Innovation have injected EUR 8.5m into OLED company Novaled AG.
LUXEMBOURG - AFINUM acquires Wallenborn
German private equity house AFINUM Management GmbH has acquired transport logistics firm Wallenborn Group in a deal valued at EUR 25-50m.
NORWAY/SWITZERLAND - Consortium invests EUR 10m in ReVolt Technology
NorthZone Ventures, SINTEF, SOFINNOVA Partners, TVM Capital, Verdane Capital, Viking Venture and new corporate venture investor RWE Innogy have raised EUR 10m for a B-round investment in ReVolt Technology.
IRELAND - Firecomms receives further backing
Swisscom and Alps Electric have supported Firecomms Ltd, a compound semiconductor company, with $5m, alongside existing investors Atlantic Bridge, ACT Venture Finance and Enterprise Ireland.
GERMANY - HTGF partially exits InterMed Discovery
High-Tech Gründerfonds (HTGF) has sold a significant part of its interest in natural product lead-discovery company InterMed Discovery GmbH to Malaysian Life Science company Biotropics Malaysia Berhad, achieving a high single-digit multiple.
FRANCE - MIDI Capital stage MBI of Savco
MIDI Capital has alongside new manager Bruno Duval and two private individuals supported an MBI of Savco, a provider of metallic structures for hydroelectric plants, by taking a minority stake in the company. The deal values the business at EUR 3-5m.
UK - Nova exits aia
Nova Capital Management has exited its investment in recruitment agency aia in a sale to TMP Worldwide Advertising & Communications in New York.
DENMARK - Vækstfonden leads DKK 16m funding round for PhotoSolar
Vækstfonden and Teknologisk Institut have invested DKK 12m and DKK 4m respectively in solar shading technology firm PhotoSolar.
GERMANY - Aheim acquires Remy & Geiser
Aheim Capital has acquired pharmaceutical packaging Remy & Geiser GmbH, together with the new CEO, Christoph Hanschke, and the existing management team, for an undisclosed sum.
ITALY - PAI-backed Coin acquires Melablu for EUR 26m
PAI-backed clothing manufacturer Coin has acquired Tre.Bi, owner of the Melablu brand, in a deal valued at EUR 25.5m.
UK - Intel leads $ 11m Tribold funding
Intel Capital has led an $11m funding round for management software provider Tribold, alongside existing backers DFJ Esprit and Eden Ventures.
UK - AFM supports £4m buyout of ISP
Alliance Fund Managers (AFM), through the MSIF Venture Fund, has invested £1.1m to support the £4m management buyout of International Safety Products (ISP), a manufacturer of inflatable marine lifejackets.
UK - Investec-backed Telinet acquires Ipitomi
Investec Growth & Acquisition Finance has provided portfolio company Telient, an integrated communications and technology group, with a combined senior debt and mezzanine package to support the acquisition of ICT solutions provider Ipiomi.
ITALY - Sici backs Conte of Florence
Sviluppo Imprese Centro Italia (Sici), via its Centroinvest fund, has invested EUR 3m as part of a EUR 5m investment into sportsware manufacturer Conte of Florence, with the Boretti family, the founding owners of the firm, contributing the remaining EUR...
UK - AFM backs Hi-Craft acquisition
Alliance Fund Managers (AFM), through the MSIF Mezzanine Fund, has provided a mezzanine loan of £250,000 to support the management buyout of pet accessories manufacturer Petlife Ventures, which trades as Hi-Craft.