Benelux
Hauck & Aufhäuser hires new head of Luxembourg office
Hauck & Aufhäuser has appointed Marc Kriegsmann as the new managing director for Hauck & Aufhäuser Alternative Investment Services.
Partech leads €4.6m round for YD
Partech Ventures and Active Venture Partners have invested €4.6m in Netherlands-based YD, a provider of performance display advertising technology.
Karmijn Kapitaal nears €50m fund target
Netherlands-based, female-led private equity firm Karmijn Kapitaal has almost reached the €50m target for its maiden fund, Karmijn Kapitaal I, which is due to close next month.
3i-backed Action in €275m refinancing
3i stands to reap a £58m dividend from the €275m refinancing of Dutch portfolio company Action.
PPM Oost invests in Informaat
PPM Oost and The Informal Investors Network (or TIIN Capital) have invested in Informaat, a Dutch business providing a customer experience platform (CXP) product for insurers.
Providence seeks M7 dividend recap
Providence Equity Partners and Airbridge Investments, the owners of satellite television company M7 Group, are seeking to reap a dividend of approximately €300m from a recapitalisation, according to reports.
PPM Oost invests in SolabCool
Dutch VC PPM Oost has backed SolabCool, a Dutch manufacturer of air conditioners.
Balderton invests in 3D Hubs
Balderton Capital has led a seed funding round for 3D Hubs, a Netherlands-based production platform for 3D printers.
Varova's Nordeon acquires insolvent Hess
Varova’s portfolio company Nordeon has bought German lighting manufacturer Hess out of insolvency.
Adara launches second fund
Adara Venture Partners has started the fundraising process for its second fund, Adara Ventures II, with a target of $40m, according to a Form D filing with the US Securities and Exchange Commission (SEC).
Karmijn Kapitaal rescues MD Group out of bankruptcy
Dutch private equity house Karmijn Kapitaal has bought lingerie company MD Group out of bankruptcy, together with its former owner Marlies Dekkers.
Avedon holds final close on €190m
Avedon Capital Partners has closed its first independent fund, NIBC Growth Capital II, on €190m after two years on the road.
SS&C GlobeOp opens new Luxembourg office
Connecticut-headquartered fund administrator SS&C GlobeOp has opened a new office in Luxembourg.
Lion secures €900m amend-and-extend for HEMA
Lion Capital has completed a €900m amend-and-extend for Dutch retailer HEMA's senior second-lien mezzanine and PIK facilities.
Northcap and T-Venture back Veliq
Northcap and T-Venture have injected $9m into a series-B funding round for Veliq, a Netherlands-based mobility platform-as-a-service (mPaaS) creator.
CVC set to buy Campbell Europe
CVC Capital Partners has entered exclusive negotiations with Campbell Soup Company to acquire part of its European activities.
PMV backs Rapidfit
PMV has backed Rapidfit, a Belgium-based 3D printing specialist for the automotive industry, with a combination of equity and a subordinated loan.
Main Capital acquires Regas
Main Capital Partners has acquired a majority stake in Regas, a Dutch software-as-a-service (SaaS) provider for the mental health and wellbeing industry, via its Main Capital III fund.
3i-backed Element Materials secures financing from lenders
Element Materials Technology, a material testing and inspection firm backed by 3i, has secured additional financing from its bank lenders to boost its buy-and-build strategy.
Hummingbird backs $2.6m round for Engagor
Hummingbird Ventures has led a $2.6m series-A funding round for Belgium-based Engagor, a social media monitoring platform, as the company expands into the US.
Blackstone given all-clear to buy Multi Corporation
The European Commission has granted Blackstone the option to wholly purchase Netherlands-based Multi Corporation, a commercial real estate developer specialising in shopping centres.
VC-backed Profibrix sold to big pharma
Index Ventures, Gilde Healthcare Partners, Vesalius Biocapital and Inkef Capital have sold Dutch biotech firm Profibrix to The Medicines Company for a total consideration of $240m.
Benelux exit market lifts
Benelux
ING in talks with MBK Partners over Korean life insurance arm
Dutch bank ING is in talks with South Korean private equity firm MBK Partners over a sale of the bank’s Korean life insurance arm, according to reports.