Benelux
EUROPE – LODH Euro Choice IV holds first close on EUR 300m
Zurich-based LODH Private Equity Limited has closed LODH Euro Choice IV on EUR 300m.
UK/GERMANY - Sophos to acquire Utimaco
TA Associates-backed Sophos plc intends to acquire German data security solutions company Utimaco Safeware AG for EUR 217m.
EUROPE - Private equity deals up 15% in Q2
A rise in expansion deals and the return of big buyouts has led to a 15% rise in the total combined value of European private equity transactions, according to the latest unquote" private equity Barometer, in association with Candover.
GLOBAL - KKR goes public
Kohlberg Kravis Roberts is going public in a transaction that will involve buying KKR Private Equity Investors, which was listed on Euronext Amsterdam two years ago, and listing the merged entity in New York.
BELGIUM - N+1 acquires Access from CapMan
CapMan has sold its remaining stake in Access Capital Partners to N+1 Group and managing partners of the firm.
GLOBAL - Goldman Sachs raises USD 10bn fund
According to reports, Goldman Sachs has raised a USD 10bn fund to invest in senior loans backing leveraged buyouts.
BELGIUM - 3i backs EUR 728m buyout of Labco
A consortium of investors led by 3i backed a EUR 728m buyout of medical diagnostics business Labco.
Controlling leaks
new research suggests that leaks to the press can cost time and money and affect the certainty of deals. By Ashley Wassall
NETHERLANDS - Lion Capital and Egeria acquire Ad van Geloven
Lion Capital and Egeria have acquired Ad vang Geloven, a Dutch producer of frozen meal components.
NETHERLANDS - Doughty Hanson acquires TMF for EUR 750m
Doughty Hanson has acquired a majority stake in TMF, a Dutch global management and accounting outsourcing services company, for EUR 750m. The management and founders retain a significant stake in the business.
NETHERLANDS - Egeria reaches first closing on EUR 500m
Egeria has reached the first close of its third fund on its hardcap of EUR 500m.
BELGIUM - GIMV appoints new CEO
GIMV has appointed Koenraad Dejonckheere as the new CEO of GIMV, replacing Dirk Boogmans.
UK/FRANCE - NBGI launches in Paris
NBGI Private Equity has opened a new office in Paris, which will be headed up by Didier Riebel and Laurent AllУЉgot.
EUROPE - Axa head calls for code on profits
The head of Axa Private Equity, Dominque Senequier, has called for Europe's private equity industry to draw up a voluntary code of conduct on how profit made from deals should be split among investors, managers and staff.
GLOBAL - RIT Capital Partners increases its stake in Millennium Group
RIT Capital Partners Plc, the investment trust of Sir Jacob Rothschild, and Sir Ronald Cohen's, the former founding chairman of Apax, have increased their shareholdings in Millennium Group Holdings Ltd.
GLOBAL - ArcelorMittal launches cleantech fund
ArcelorMittal, the world's largest steelmaker, has launched a EUR 100m venture capital fund to invest in clean technologies.
GLOBAL - CP Eaton beefs up team
Placement agent CP Eaton Partners has appointed Jerry Elliot, Peter Martenson, Nina Frandson, Dan Meade and Brian Newman.
UK/GERMANY - First London to launch EUR 50m fund
First London Securities has reached an agreement with Humbolt-Innovation GmbH to establish a joint EUR 50m fund designed to invest in spin-out companies from the Berlin Humbolt university.
NETHERLANDS - Fortis sells IAM to its management team
Fortis has sold London-based fund-of-hedge-funds International Asset Management Ltd (IAM) to its management team.
GLOBAL - Buying from private owners most lucrative
Private equity firms make the most impact on buyouts they source from private owners, rather than those of formerly listed companies, though both outperform companies that are not backed by private equity at all, according to a report from Ernst & Young....