Benelux
NL - Van den Ende & Deitmers acquires 30% stake in Albumprinter
Van den Ende & Deitmers Crossmedia Fund has acquired a 30% stake in Albumprinter, a company which offers a fully integrated end-to-end solution that enables consumers to create hard cover photo books and other photo products using their own digital images.
BELGIUM - Waterland takes a stake in Indicator
Waterland Private Equity Investments has announced that it has supported the management buyout of Indicator, a publisher of professional newsletters and books aimed at small and medium-sized companies and self-employed entrepreneurs. No financial details...
EUROPE - Covenant-lite loans stoke heavy fears
Reports of banks accepting “covenant-lite” loans to win deals has worried industry professionals. “It is due to an oversupply of capital and a very clear sign of an overheated market,” one banker said. “It is a bad structure and will come unstuck...
EUROPE - No overhang, but concerns regarding returns say LPs
'There is no capital overhang,' according to Urs Wietlisbach at Partners Group, speaking at the EVCA Investors' Forum in Geneva on Wednesday. As Thomson revealed that nearly EUR 90bn was raised for investment last year, panelists were quick to point out...
NL- Esprit Capital Partners sells NetEconomy to Fiserv
Esprit Capital Partners has sold NetEconomy, a provider of information technology services to the financial industry, to Fiserv for an undisclosed consideration.
NL - GIMV acquires Prolyte through Dutch subsidiary Halder
GIMV has acquired, through its Dutch subsidiary Halder, a majority shareholding in Prolyte, the European market leader in movable aluminium constructions for the entertainment and exhibition industry. Prolyte was owned by the managers and founders of...
GLOBAL - S&P launches industry index
In a move that underlines the increasing significance of private equity, ratings agency Standard & Poor’s has launched a new index to track the industry’s performance. The tracker will follow the 25 most liquid private equity firms around the globe.
BELGIUM - 3i backed AviaPartner acquires Aero Groundservices
AviaPartner, a 3i portfolio company, has acquired cargo handling firm Aero Groundservices from VCK Holding, a logisitics and travel company.
NL - ABN AMRO Capital and Allianz Capital Partners acquire Sdu
ABN AMRO Capital and Allianz Capital Partners have acquired publishing and secruity identification group Sdu from the Dutch State, each taking a 50% stake in a transaction valued at €415m.
NL - ABN AMRO Capital acquires Vetus Den Ouden
ABN AMRO has acquired water sports business Vetus Den Ouden in a secondary buyout from Alpinvest Partners following an auction process.
BELGIUM - Benelux Venture Summit to be held on 8 March
The Benelux Venture Summit, to be held on 8 March at KBC Bank in Brussels, will see 25 fast growing companies from the Benelux ICT and Life Sciences scene showcasing their talents. 150 pan-European VCs, corporate investors and intermediaries will also...
NL - Bencis Capital Partners appoints new partner
Menno van der Meer has joined Bencis Capital Partners as a partner as of 1 February. He will operate from the firm's Amsterdam office.
BELGIUM - Fortis acquires majority stake in automotive supplier Penne
Fortis Private Equity has acquired a majority stake in Penne NV, an Aalst-headquartered automotive supplier.
GLOBAL - Bear Stearns acquires private equity placement agent
Bear Stearns has strengthened its private equity fundraising services with the acquisition of Crane Capital Associates’s fund placement business.
US - Blackstone buys Equity Office for $39bn in world's largest buyout
The Blackstone Group has secured the world’s largest leveraged buyout, agreeing a $39bn price (£20.2bn) for Equity Office, the biggest office landlord in the US. Blackstone won the deal after fending off competition from real estate investment trust...
NL - Waterland portfolio company Optisport to acquire ESN
Waterland Private Equity has announced that its portfolio company Optisport has signed a letter of intent to acquire Exploitatie Sportobjecten Nederland (ESN) as part of its buy and build strategy.The first formal steps of the acquisition process are...
NL - ABN AMRO Capital to acquire Baarsma Wine Group
ABN AMRO Capital has signed an agreement to acquire a majority interest in wine distribution firm Baarsma Wine Group Holding. The current management team will retain a 40% stake in the firm and in addition, managers in key positions will be given the...
EUROPE - Return expectations of private equity investors reach record levels
The return expectations of private equity investors have strengthened significantly over the last 12 months – almost half of LPs are now forecasting medium-term returns of 16%+, according to Coller Capital’s latest Global Private Equity Barometer,...
EUROPE - Advent International announces global promotions
Advent International has announced the promotion of 13 members of its global investment team.
EUROPE - European Buyout Review shows 2006 record year for private equity
2006 was a record year for European buyouts with the total value of deals topping over EUR 160bn for the first time ever, according to the latest European Buyout Review due to be published in March 2007 by Incisive Media in association with Bridgepoint....
NL - Apax to sell stake in PCM
Apax Partners has reportedly sold its 47.5% stake in Dutch publishing firm PCM Uitgevers to Stichting Democratie en Media (SDM), currently owner of 41.9% of the shares.
NL - AVR acquires Van Gansewinkel
AVR, the Rotterdam-based waste disposal company owned by KKR, CVC and Oranje Nassau Group, has agreed to acquire fellow waste disposal firm Van Gansewinkel from founder Leo van Gansewinkel (73%) and ING Corporate Investment (20%). The acquisition price...
NL - Nedschroef receives indicative bid from Gilde
Gilde Buyout Partners has reportedly made a non-binding indicative offer for Euronext Amsterdam-listed Nedschroef, at EUR 57 per share.
NL - NPM to acquire carpet manufacturer H Desseaux
NPM Capital is reported to be in advanced discussions with Armstrong World Industries regarding the acquisition of H Desseaux, a Waalwijk-based manufacturer of carpets.