Benelux
EUROPE - Male gender prevails in venture-backed companies
Around 95% of the CEOs in venture-backed companies across Europe are men, according to a study carried out by Library House. However, the data shows that companies run by women appear to perform ahead of their male peers. Out of 600 venture-backed companies...
WORLD - KKR cashes in with 44% of global deal volume
KKR has eclipsed its rivals so far this year, claiming a 44.1% share of global deal volume, over double its 20% share since the beginning of 2004. The value of these deals was more than it recorded in 2005 and 2006 combined. This includes the ТЃ10.1bn...
NL - Endemol snapped up by Mediaset
Endemol, the Amsterdam-listed production company is understood to have been acquired by Italian media company Mediaset. The deal values Endemol at EUR 3bn. Spanish company Telefonica announced its intention to sell its 75% stake in the company earlier...
LUXEMBOURG - 3i invests EUR 37m in outsourcing business
3i Growth Capital has invested EUR 37m for a minority stake in KNEIP Communication, the Luxembourg-based outsourcing partner to the investment fund industry.
EUROPE - Later stage rounds dominate European venture activity in Q1 2007
Recent research into European venture investing in Q1 2007 shows that later stage rounds have dominated activity. 40% of the rounds in the first quarter were later-stage rounds, the largest percentage since 1999. In total, Q1 2007 recorded EUR 1.07bn...
NL - New partner at LSP
Dr Joep Muijrers has joined the Life Sciences Partners investment team as partner, operating from the Amsterdam office. Previously Muijrers was a director for corporate finance and capital markets at Fortis Merchant Banking, where he focused exclusively...
LUXEMBOURG - Mangrove invests in Jambaz
Mangrove Capital has reportedly provided seed-financing to Luxembourg-based Jambaz, a creator of a game widget that lets people predict the stock movement on a daily basis while offering cash prices to the most accurate calls. No further details have...
NL - GIMV sells Holonite to Egeria
GIMV has sold its stake in Holonite, a producer of composite stone finishing elements for the construction industry, to Egeria. The transaction price remains undisclosed, but the sale has a positive impact of EUR 5.3m (EUR 0.23 per share) on GIMV’s last...
NL - DocMorris sold to Celesio
3i, HgCapital and Neuhaus Partners have fully exited their stakes in mail order pharmacy to Celesio AG. The transaction value has not been disclosed. The management team will remain invested in the company holding an approximate 10% stake.
NL - Gilde to acquire Bakkersland Banket
Gilde Equity Management Benelux looks set to acquire Bakkersland Banket BV, a confectioner, from Bakkersland Groep BV. Bakkersland Banket provides pastry products for the Dutch food retail and foodservice markets, as well as for the exportmarket and is...
NL - Aletra to acquire DA Retailgroep
Aletra Capital Partners has reportedly agreed to acquire DA, a retailer of cosmetics and beauty products.
EUROPE - ECB survey says private equity poses limited systemic risk to banking sector
European leveraged buyout activity poses a limited systemic risk to the European banking sector, says a report by the Banking Supervision Committee of the European Central Bank.
EUROPE – US interest in European offers co-invest opportunities but increases valuations
тThe sign of a bubble is when the IPO market goes from push to pull,т said Gerard Lopez this morning at the Benelux unquote" Private Equity Congress in Luxembourg. The Skype backer explained that valuation levels are increasing and cited the example that...
EUROPE – Pipeline of EUR 10bn funds
There is a pipeline of mega funds coming to market in the coming months, according to Stef Oostvogels at law firm Oostvogels Pfister Roemers, speaking at the Benelux unquote" Private Equity Congress in Luxembourg this morning. He indicated that many are...
NL - Permira-owned Nutrilux acquires Provimi from CVC and PAI Partners
Following the announcement in January that Permira was to acquire animal feed producer Provimi from CVC Capital Partners and PAI Partners, clearance has now been received.
NL - CVC and AlpInvest exit entire shareholding in Wavin
Wavin, a provider of plastic pipe systems and solutions, has announced that CVC and AlpInvest have sold their entire shareholding in the company in a block trade to ABN AMRO Rothschild and Fortis Bank. The transaction represents approximately 45.65%...
NL - Doughty Hanson to acquire Norit from Gilde Buy Out Partners
Doughty Hanson has announced that it is likely to reach a final agreement with Gilde Buy Out Partners regarding the sale of Norit. Gilde currently owns a 70% stake in the firm and is understood to have acquired the firm in 2003 for around EUR 150m. No...
NL - Cordys completes EUR 60m equity financing round
Cordys Holding BV, a provider of industry-leading business process management suite (BPMS) enterprise software, has announced the successful completion of a $ 80m (cEUR 60m) financing round. Argonaut Private Equity led the round with an investment of...
EUROPE - unquote'' Benelux Private Equity Congress
unquoteт is excited to bring you the second unquoteт Benelux Private Equity Congress, on 19 April 2007 in Luxembourg.
NL - Van den Ende & Deitmers invests in Advance
The Crossmedia Fund of Van den Ende & Deitmers has acquired a 30% stake in Advance.
NL - Wessanen and Rabo Capital to merge frozen snack business
Royal Wessanen and Rabo Capital have come to an agreement with the intention to set up a new company that merges the activities of Habek Snacks and Wessanen in ragout rolls ('kroketten'), hamburgers, meat rolls (‘frikandellen’) and halal snacks. Wessanen...
NL - Dutch House of Representatives questions private equity
Dutch politicians and leading private equity and hedge funds players yesterday convened at a round table conference, organised by the Dutch House of Representatives, to exchange ideas on the influence of hedge funds and private equity on the Dutch economy....
BELGIUM - KBC invests in Multi Media Services Groep
KBC Arkiv, the joint subsidiary of KBC Private Equity and Arkimedes, has invested in Multi Media Services Groep (MMS Group), a distributor of home entertainment products such as DVDs, audio CDs and games. No further details have been disclosed. This is...
NL - Iris Capital and GIMV acquire majority share in Human Inference
Iris Capital and GIMV have acquired a majority stake in Human Inference, European market leader in the field of data quality solutions.