Southern Europe
Innocenzo Cipolletta takes up Fondo Italiano presidency
Fondo Italiano di Investimento has announced its new board of directors, with Aifi's Innocenzo Cipolletta as president.
L Capital acquires CellularLine
L Capital and DVR Capital have jointly bought a 57% stake in CellularLine, a provider of accessories for smartphones and tablets, from the company’s founders.
Popular high-yield bond market shrinks refinancing wall
A new report has found that amend-and-extend activity has reduced the expected 2014-2015 refinancing wall.
Principia backs Im3D with €2m
Italian VC investor Principia has injected €2m into oncologic medical imaging company Im3D Clinic Sud.
Miura sells Noa Visual to Porterhouse
Barcelona-based Miura Private Equity has sold Noa Visual Group to Swiss investment firm Porterhouse Capital.
Scope Capital leads $9.4m round for Artificial Solutions
Scope Capital has led a $9.4m funding round from existing backers for Artificial Solutions, a developer of orally interactive software based in Stockholm.
Tackling transparency and disclosure through data
While GP monitoring of portfolio companies becomes more sophisticated, LPs are demanding more granular insight into individual fund performance. The increasing demand for performance information begs several important questions: What data is required?...
Aksia targeting €150m for new fund
Italian mid-cap investor Aksia Group has launched its new fund, Aksia Capital IV, with a €150m target.
New VC investor launches in Italy
Programma 101, a venture capital initiative launched by Principia's Andrea di Camillo, has been announced in Italy.
Carlyle buys Marelli Motori for €212m
The Carlyle Group has acquired Italian industrial generators and motors company Marelli Motori from Melrose Industries for €212m.
Cabiedes & Partners supports Medprivé
Spanish healthcare start-up Medprivé has raised €500,000 from local VC Cabiedes & Partners and business angels.
Triton Partners seals €1.075bn Befesa deal
Triton Partners has agreed to wholly acquire Spanish industrial waste management firm Befesa for €1.075bn.
Family offices seek surge in deal origination
Family offices
Clave Mayor to divest Gadea
Spanish venture capital investor Clave Mayor is to divest its 10% stake in pharmaceuticals developer Gadea.
Cinven’s Avio Spazio attracts trade buyers
Preliminary offers for Avio Spazio, owned by Cinven and Italian defence group Finmeccanica, are expected by the end of June according to reports in the local press.
Doughty divests Vue to Omers and Alberta for £935m
Doughty Hanson has sold cinema group Vue Entertainment to Omers Private Equity and Alberta Investment Management Corporation (AIMCo) for an enterprise value of £935m.
Axon and Bonsai back Akamon with €2.8m
Axon Partners Group and Bonsai Venture Capital have injected €2.8m into Spanish social gaming firm Akamon Entertainment.
Barwon Partners enters Dinamia fund
Barwon Investment Partners has acquired an 11.78% stake in Dinamia Capital Privado, the private equity vehicle managed by N+1 Mercapital and listed on the Madrid Stock Exchange.
Pirelli chairman strengthens grip on company with Clessidra backing
Italian GP Clessidra has joined forces with Intesa Sanpaolo and Unicredit to back Marco Tronchetti Provera, chairman of tyremaker Pirelli, in the acquisition of further shares in the company.
Netatmo raises €4.5m from Iris and FSN PME
Parisian consumer electronics company Netatmo has raised €4.5m from Iris Capital, FSN PME and angel investor Pascal Cagni.
Aksìa sells Plastiape for €71m
Italian GP Aksìa Group has fully exited packaging solutions firm Plastiape Group, selling the company to PM & Partners for an enterprise value of €71m (around 7x EBITDA).
Magnum Capital buys Iberchem
Spanish GP Magnum Capital has acquired a majority stake in Iberchem, a Spanish fragrances producer, from Capital Alianza.
KKR looks to open Spanish office
KKR is considering opening a Spanish office to oversee its local activity.
Riverside sells Oni to Altice
The Riverside Company has sold its 60.9% stake in Portuguese telecommunications company Oni Telecom to investment company Altice.