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:
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UK - 3i and Esprit exit CPS for $35m
Cambridge Positioning Systems Ltd (CPS), a 3i and Esprit Capital portfolio company, has been sold to CSR Plc for a total consideration of $35m. 3i and Esprit, through the Prelude Trust, first invested in CPS via a £1.75m funding round in 1998. Two further...
UK - Extra time called in 3i's Countrywide bid
A vote which would have decided the fate of 3i's mooted £966m take-private offer for Countrywide was postponed yesterday. Sources reported that an unofficial vote saw less than the required 75% of shareholders accepting the offer and consequently the...
UK - North West Equtiy Fund invests £250,000 in medical communications company
North West Equity Fund has invested £250,000 into Cheshire-based CSF Medical Communications Limited (CSF).
SWITZERLAND - 4-Antibody raises CHF 17m series-A financing round
4-Antibody AG has received a CHF 17m series-A financing round led by new investor Advent Venture Partners, together with existing lead investors Life Sciences Partners (LSP) and BioMedinvest AG. All other existing investors Grazia Equity, Mulligan Biocapital...
FRANCE - ACE Management and 123Venture invest EUR 3m in Tetco
ACE Management and 123Venture have invested EUR 3m in the third round of funding for VoIP software developer Tetco. ACE Management invested on behalf of Advance Capital Europe, UFF Innovation III and Financière de Brienne.
GERMANY - BayBG invests in biotech company
Venture capital investor BayBG Bayerische Beteiligungsgesellschaft mbH has invested an undisclosed amount in CANDOR Bioscience GmbH, a supplier and service provider for GLP laboratories and pharmaceutical industry. The company will use the new capital...
UK - Carlyle in another defence deal
Carlyle is reported to have teamed up with BAE to acquire the Devonport naval yard in Plymouth from the Ministry of Defence. The yard, at which nuclear submarines are serviced, is likely to benefit from a £25bn proposal to replace the current submarine...
UK - Barclays Ventures acquires Christy Group in £21m deal
Barclays Ventures has backed the £21m management buyout of Christy Group Ltd, a designer, importer and distributor of children’s dress-up costumes based in Barnsley. Christy supplies major retailers worldwide such as Walmart/ASDA, Tesco, Marks and...
FRANCE - Innovacom backs online data stocking software developer
Software developer Agematis has received its first round of funding from French investor Innovacom. The private equity investor injected EUR 2.5m in the company.
SWEDEN - AOL launches $900m offer for VC-backed TradeDoubler
AOL has made a cash tender offer to acquire online marketing solutions company TradeDoubler AB for SEK 215 per share. Funds managed by TowerBrook Capital Partners, Arctic Ventures, Prosper Capital and Four Seasons Venture (now called Verdane Capital)...
FRANCE - Argan Capital to back buyout of luggage maker Delsey
Mid-cap private equity firm Argan Capital has announced it has signed an agreement to back the buyout of the world's second largest travel luggage maker Delsey.
UK - Oak Hill to acquire United Utilities' outsourcing business
A private equity consortium headed up by Oak Hill, the US group, is to acquire the United Utilities' business outsourcing division, Vertex. The £220m deal follows United Utilities decision to sell Vertex due to falling profits within the division.
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.
SWEDEN - 3i, InnovationsKapital and smac partners sell Nordnav for $75m
3i, InnovationsKapital and smac partners have sold Nordnav, a provider of GPS software solutions for mobile devices, to Camebridge Silicon Radio. The purchase price for all shares in the company is approximately $75m and InnovationsKapital has generated...
UK - Sovereign completes two recapitalisations
Sovereign Capital has announced a £37m recapitalisation of TRACSCARE Limited and a £16m recapitalisation of Truecare Holdings Limited. Both companies focus on providing specialist care to adults with learning difficulties and mental health needs in...
UK - Sovereign Capital announces promotions
Sovereign Capital has promoted two members of its team, Jose Rodriguez and Paul Egan, to the position of assistant director. Egan joined Sovereign Capital in June 2005 and has extensive experience of the business to business support services sector.
UK - Imperial Innovations invests in Equinox Pharma
Imperial Innovations Group plc has invested £250,000 in Equinox Pharma Limited, a company providing advanced software products to the pharma and biopharma industry. The investment in Equinox was part of a £500,000 seed funding round, which also included...
ITALY - Investitori Associati denies rumours of possible Alitalia bid
Private equity firm Investitori Associati has refuted rumours that it is planning to launch a bid for airline Alitalia.
GERMANY - BC Partners teams up with Macquarie
In a surprise move BC Partners is said to have joined forces with Macquarie on the buyout of German utility billing specialist Techem, having previously bid against the Australian investor. Macquarie is favoured to acquire Techem, having topped BC Partner’s...
GERMANY - Wyser-Pratte invests in Balda
Financial investor Wyser-Pratte has acquired a 5.39% stake in German mobile phone components supplier Balda AG. Previously the company has been targeted by hedge fund Audley Capital, which in September 2006 made a public tender offer for the company for...
FRANCE - OFI Private Equity recruits CADIF debt specialist
OFI Private Equity has announced it has hired Erwann Le Ligne as investment executive.
GERMANY - BaFin warns banks
The head of the German financial supervisory authority BaFin, Jochen Sanio, is reported to have warned of the threat to the country’s banks posed by leveraged buyouts. Sanio mentioned that companies targeted in private equity deals run the risk of collapsing...
GERMANY - Faegre & Benson boosts Frankfurt office
Law firm Faegre & Benson has hired corporate partner Markus Wenserski from fellow US firm Willkie Farr & Gallagher to join its Frankfurt office. Wenserski specialises in private equity and M&A and had been a partner at Willkie since 2004.
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.