Region
Unquote has a long history of delivering in-depth coverage for each European market, from individual deals to fundraising and region-specific trend analysis. Click on the following links to access content for a specific region:
UK & Ireland DACH Nordic France Southern Europe Benelux CEE
CEE - EBRD to commit to Bancroft fund
The EBRD is considering investing up to EUR 30m in Bancroft Private Equity third fund, Bancroft 3 LP.
SPAIN - Quercus-backed Alfanext acquires Música Viva
Audiovisual and stage services Grupo Alfanext, controlled by private equity firm Quercus Equity, has acquired audio and lighting specialist Música Viva.
GERMANY - Gleiss Lutz opens new office, bolsters corporate practice
Law firm Gleiss Lutz will open a Düsseldorf office in August. The office will be headed up by partners Dr Stefan Mutter and Dr Alexander Schwarz, who will be joined by new hires Dr Thomas Menke and Martin Hitzer, both set to join the corporate practice.
FRANCE - BNP Développment in EUR 5.2m round for Télé-Animaux
BNP Développment has lead a EUR 5m financing of Télé-Animaux (formerly Buena Media), a media group focused on pets, to support the firms external growth plans. BNP Dévelopment provided nearly half of the total investment.
NETHERLANDS – PPM Oost backs ProductIP
PPM Oost (East Netherlands Participation Company) has invested an undisclosed sum in business support services firm ProductIP. The investment was made possible with EU ERDF funds and a contribution from the province of Gelderland.
UK - Octopus Ventures appoints investor director
Octopus Ventures, specialist investors in UK-based early-stage and expanding companies, has hired Jo Oliver as investor director.
UK - Brookfield hires managing partner
Brookfield Asset Management has hired Leo van den Thillart as managing partner of private institutional equity.
FINLAND - Management buys Sentica's small cap business
Sentica Partners has sold off its small cap business area to key management who will continue operations under the name Canelco Capital Ltd, focusing on MBO and MBI transactions in small- to medium-sized companies.
GERMANY – Yellow&Blue joins P21 backers in EUR 10m round
Yellow&Blue Investment Management has led a EUR 10m financing round in P21 GmbH alongside management and existing investors Target Partners and Conduit Ventures.
UK - AnaCap to acquire Ruffler
AnaCap Financial Partners has agreed to acquire UK-based Ruffler Bank from Roy Ruffler, the company's main shareholder, for an undisclosed sum. The transaction will see Phillip Monks become CEO of the company, leading a new management team joining from...
GERMANY – Consortium offers debt restructuring to PAI partner’s Monier
According to reports, a consortium of distressed investors including Apollo Management, TowerBrook Capital and York Capital have approached the lenders of roofing material company Monier GmbH with a debt restructuring proposal. The investors have already...
EUROPE - Skype founders to raise new venture fund
According to reports, Atominco Ventures, the investment vehicle of Skype co-founders Niklas Zennström and Janus Friis, is raising a new USD 266m fund.
NETHERLANDS - Oranje-Nassau sells oil & gas assets for EUR 630m
Oranje-Nassau Groep, a part of Wendel SA, has sold its oil & gas division to a consortium led by energy company Dyas UK, a subsidiary of family-owned SHV Holdings, in a deal valued at EUR 630m.
UK/SPAIN - Nordic Venture and LongAcre divest Player X
Nordic Venture Partners and LongAcre Partners backed entertainment company Player X has been acquired by Spanish mobile content and service provider Zed Group (formerly La Netro Zed), owned by US private equity firm Veronis Suhler Stevenson (VSS). The...
UK - Apax loses stake in Streetbroadcast
Apax Partners has reportedly lost its stake in UK advertising company Streetbroadcast after it was bought out of administration by restructuring firm Redbus.
UK - 3i and Oak Hill divest stakes in Telecity
3i and Oak Hill Capital are reportedly selling parts of their combined 45% stake in London-based Telecity, the internet service provider.
Europe - Merrill Lynch divests stake in Kreos Capital III
Investment bank Merrill Lynch has reportedly divested its original €150m commitment in venture debt fund Kreos Capital III, the 2006 vintage fund of Kreos Capital.
Europe - 3i confirms £732m rights issue
In a press conference this morning, 3i's CEO Michael Queen confirmed plans to raise £732m in a rights issue that would optimise the value of its current portfolio, reduce debt and strengthen the company's 'perceived weak position' in the market.
SWEDEN - Hannes Snellman hires PE and financial restructuring expert
Law firm Hannes Snellman has recruited former managing asssociate at Linklaters, Roger Johnson, as a specialist partner within M&A. Johnson will particularly focus on private equity and financial restructuring.
UK – PE could support a Kleinwort Benson MBO
Market rumour suggests private bank Kleinwort Benson would be considering a private equity-backed management buyout. A trade sale is also a possibility.
GERMANY – Houlihan Lokey boosts financial advisory services
Houlihan Lokey has hired Marc Hayn and Tim Laas to further develop the firm's financial advisory services business in Germany and Northern Europe out of the Frankfurt office.
SWEDEN - Priveq takes over 3i stake in Carmel Pharma
Priveq Investment has acquired 3i's 26% stake in medical equipment company Carmel Pharma for an undisclosed sum. The company was part of 3i's Nordic venture portfolio which is understood to be up for sale.
NORWAY - IK-backed Kid in talks with bank over ownership change
IK Investment Partner's (IK) portfolio company Kid Interiør, a textile retail business, is in discussions with its main sponsor Norwegian bank DnB NOR regarding a transfer of ownership to the bank after running into trouble over its loans.
ITALY - IDeA appoints new chairman
IDeA Alternative Investments (AI) has appointed Lino Benassi as chairman, bringing 40 years' experience to the job.