Portfolio management
SWEDEN - AMF Pension rejects EQT-backed bid for Q-Med
AMF Pension which owns 5.7% of Swedish biotechnology firm Q-Med has rejected EQT-backed Ivytan AB's bid for the company.
UK - Beltrae completes Invisible acquisition
Irish investor group Beltrae Partners has acquired Scottish geothermal heating company Invisible Heating Systems (IHS) in a deal reported to be worth ТЃ10m.
GERMANY/UK - Riverside-backed Sage makes fourth acquisition
Riverside Company-backed international communications company Sage Holdings has acquired Capital Precision, a UK-based provider of capital markets intelligence.
SWEDEN - Ledstiernan-backed Metrima sells Home Solutions
Ledstiernan-backed Metrima, a developer of products and systems for multi-type measurement of energy, has sold its subsidiary Home Solutions in order to streamline its operations.
FRANCE - 21 Centrale backs Biopack bolt-on
21 Centrale Partners has backed the add-on acquisition of packaging specialist Biopack by its portfolio company Nord-Est Ileos.
UK – SCF Partners-backed Reservoir Group acquires InfoAsset
SCF Partners-backed oil fields services business Reservoir Group has acquired data management firm InfoAsset for an undisclosed sum.
SWEDEN - Ratos-backed EuroMaint acquires Husqvarna division
Ratos portfolio company EuroMaint, a Swedish maintenance company, has signed a declaration of intent with Husqvarna to acquire the company's maintenance and tools operations.
SWEDEN - EQT-backed Ivytan makes SEK 3.9bn cash offer for Q-Med
Ivytan AB, which is indirectly owned by EQT and Lyftet Holding, has made a cash offer for Swedish biotechnology firm Q-Med valuing the business at SEK 3.9bn. The bid is priced at SEK 39 per Q-Med share - a 24% premium to the closing price on 31 October....
UK - Terra Firma-backed Infinis sets out £1.2bn growth plans
Reports suggest that Terra Firma-backed renewable energy specialist Infinis has set in motion a ТЃ1.2bn plan designed to build it into one of the largest wind-energy producers in the UK.
SPAIN - MCH-backed Mabyc-Ibersegur acquires Alfia
MCH- and Suma-backed parking services company Mabyc-Ibersegur has acquired UK competitor Alfia Ltd from US parent Stanley Works.
UK - Baird-backed Choices acquires Domicillary Care
Baird Capital-backed Choices Holdings Ltd, a provider of supported living and residential care services, has acquired Domicillary Care Ltd (DCG), a care provider based in Scotland.
UK - RJD-backed Comtec makes third acquisition
RJD Partners-backed Comtec Group Ltd has acquired Pro EQ Ltd, a developer of iSys CRM software.
SPAIN - Hutton Collins-backed Futura resumes operations
Report suggest that Spanish charter carrier Futura International Airways, which is backed by Hutton Collins, has resumed flights after seeking bankruptcy protection.
UK - Reservoir Group acquires Extreme Machining
SCF-backed Reservoir Group has acquired Australia-based drilling tools maker Extreme Machining for an undisclosed sum.
UK - Realpubs to expand
Brockton Capital-backed Realpubs is expected to announce a deal with an undisclosed rival pub chain to buy five freehold pubs, reports suggest.
GERMANY/SWITZERLAND – Paine-backed Stabilus acquires LinRot
Paine & Partner portfolio company Stabilus GmbH, a manufacturer of gas springs and hydraulic vibration dampers, has acquired a majority stake in LinRot Holding AG, a developer and manufacturer of linear and rotational drive units.
BELGIUM - CVC-backed DWB to acquire Atlanta
CVC portfolio company De Weide Blik (DWB) has received the European Commission’s approval on the proposed acquisition of German fruit and vegetable importer and wholesaler Atlanta.
UK - Sovereign-backed Renovo acquires 1st Saxon-Clenmay
Sovereign Capital-backed Renovo Services Group has acquired gas and electrical maintenance provider 1st Saxon-Clenmay Group for an undisclosed sum.
FRANCE - PAI-backed SPIE acquires Groupe Juret
PAI Partners portfolio company SPIE has acquired Groupe Juret, a provider of electrical solutions and air condition services.
ITALY - Candover-backed Ferretti acquires Allied Richard Bertram Marine
Yacht business Ferretti, which is majority owned by Candover, has acquired US yacht broker Allied Richard Bertram Marine Group for an undisclosed sum.
SPAIN - Debaeque-backed Oasyssoft opens office in Silicon Valley
Debaeque-backed software developer Oasyssoft has moved its headquarters from Barcelona to Silicon Valley, and increased staff numbers from 14 to 50.
GERMANY - Arques acquires Siemens mobile phone business
According to reports, German turnaround firm Arques Industries has acquired 80% of Siemens mobile phone (SHC) division for an undisclosed amount.
ITALY - BSPE-backed Mediacontech acquires 51% of Deltatre Group
BS Private Equity portfolio company Mediacontech has signed an agreement for the acquisition of 51% of Delta Tre Informatica and Deltatre Suisse (“Delta Tre Group”).
UK - RJD-owned Comtec makes acquisition
RJD Partners-backed Comtec Group, a travel technology supplier, has acquired technical internet specialist Atolis.