France
Lead Equities backs German IT outsourcer SOLCOM
Lead Equities, has backed the buyout of German IT freelance agency SOLCOM, acquiring a 75% stake. No financial details have been disclosed.
unquote" British Private Equity Awards: deadline looming
With the submissions deadline for the unquote" British Private Equity Awards 2010 set for Monday 26 July at 6pm, there is only a short time left to put the final touches to your entry. Make sure your firm is in with a shout to be recognised for its achievements...
Aurica XXI backs Eurofragrance SL
Aurica XXI, Banco Sabadell's private equity investment entity, has committed an undisclosed amount of capital to fund the expansion of perfumery business Eurofragrance.
Climastar raises €1.37m from regional private equity investor
Climastar, the Asturian manufacturer of heating systems, has opened its capital to Sociedad Regional de Promoción (SRP), the private equity entity funded by the regional government of Asturias in nothwestern Spain.
Balderton and Nauta Capital fund series B round for Scytl
Scytl, the Barcelona-based world leader in internet voting technology, has received a $9.2m investment in a deal led by Balderton Capital.
BPEP backs Spanish security firm with €10m growth funding
Baring Private Equity Partners España has supported the rapidly-growing security business Castellana de Seguridad SA (CASESA) with a substantial package of expansion capital funding.
Family offices staying true to private equity
The fundraising market in the past two years can be described as challenging at best with many LPs said to be looking at reducing their private equity allocations. Results of a recent survey that family offices are seeking greater exposure are therefore...
Jefferies appoints Victor von Mengersen
Jefferies has appointed Victor von Mengersen to join its Frankfurt office as managing director and head of financial sponsor coverage in Germany.
17 Capital appoints senior associate
Secondaries mezzanine financing provider 17 Capital has appointed Robert de Corainville as senior associate to its investment team.
Galitsky launches Russian venture fund Runa Capital
Almaz Capital Partners founder, Alexander Galitsky has reportedly partnered with Serguei Beloussov, to launch a Russia-focused venture fund, Runa Capital.
MMC Ventures backs E-Trader
MMC Ventures has backed the second round funding of online consumer goods trading platform E-Trader. The financial details have not been disclosed.
GSO Capital Solutions Fund exceeds $3.25bn
GSO Capital Partners, the credit unit of Blackstone Group, has held a final close on its credit fund, GSO Capital Solutions Fund on more than $3.25bn.
Midven backs budget PR company pr2go
Midven has invested £263,000 in budget public relations company pr2go, marking the first investment from its recently launched Exceed - Midlands Advantage Fund.
Consortium looking to sell Maxeda departments
According to reports, KKR, Cinven, AlpInvest and Permira are set to sell the V&D department stores and La Place restaurant chain that are part of the Maxeda retail group.
Primary Capital acquires Paperchase
Primary Capital has agreed to buy Paperchase from Borders for $31m.
Seraphim Capital et al. invest £1.35m in Pyreos
Seraphim Capital has led a £1.35m round of funding in fabless semiconductor company Pyreos, alongside existing shareholders.
Maven invests £1.5m in Adam Communication Systems
Maven Capital Partners has backed a £1.5m investment in building energy management systems company, Adam Communication Systems.
LDC backs Computer Recognition Systems
LDC has bought UK traffic management company, Computer Recognition Systems (CRS), as a bolt-on to Vysionic, the portfolio company it set up in February this year.
Advent opens office in Turkey
Advent International has opened an office in Turkey, in a bid to strengthen its foothold in the region.
Naxicap-backed GSM Consulting acquires Subventium
GSM Consulting has wholly acquired financial consulting firm Subventium, with the support of Naxicap Partners.
Argos Soditic backs Groupe Mertz in bolt-on acquisition
Argos-backed Groupe Mertz has acquired a majority stake in transport specialist Transport Roullé.
Morgan Stanley's private equity co-head resigns
Morgan Stanley's private equity co-head, Steve Trevor, is resigning from his role after a four-year stint at the bank.
IPOs: Keeping afloat in 2010
Following a lull in private equity–backed flotations over the past two years, 2010 is seeing some light at the end of the tunnel. While private equity assets are not exactly flooding the market, things are looking promising as Greg Gille finds out
Lloyds TSB hires Paul Osment as credit director
Lloyds TSB Corporate Markets has hired Paul Osment as director of leveraged credit sales, to oversee both bonds and leveraged loans.