Southern Europe
LP interview: The secondaries saga
Founded in 1991, London-based Paul Capital has decades of experience in secondaries and fund-of-funds investments. unquote" talks to secondaries specialist and partner Elaine Small about the drivers behind the market's unprecedented growth.
Cofides commits €5.6m to Grupo Sampol
Spanish investor Cofides has committed €5.6m to Grupo Sampol, a Spanish energy and engineering firm.
360 Capital Partners and Eataly launch Eataly Net
360 Capital Partners has teamed up with Italian food retailer Eataly to found Eataly's online business Eataly Net.
Innogest holds first close and strengthens team
Italian VC Innogest has held a first close for its second fund at around €50m and added two new members to its team.
N+1 receives dividend recap payout from Mivisa
Spanish GP N+1 has received €21.8m as part of a dividend recap from canning company Mivisa Group.
Oxford Capital leads $5m funding round for Abiquo
Oxford Capital has led a $5m funding round for Spain- and UK-based software business Abiquo.
Axa PE sells Duplomatic Oleodinamica to Progressio
Axa Private Equity has sold Italian industrial supplier Duplomatic Oleodinamica in a secondary buyout to Progressio SGR.
Southern Europe unquote” April 2013
At a recent industry conference, a handful of international investors described Spain as one of the most attractive markets in Europe at the moment.
Principia and Vertis invest $6m in Jusp
Italian VCs Vertis and Principia have made a capital injection of around $6m into Jusp, a mobile payments systems provider.
Portobello Capital’s Stock Uno buys CTC from Suma
Stock Uno, a logistics firm owned by Portobello Capital, has wholly acquired CTC Externalización, an outsourcing industrial and logistics services provider backed by Suma Capital.
Sarkozy meets with Spanish bankers for private equity fund
Former French president Nicolas Sarkozy has met with Spanish bankers ahead of the launch of a €1bn private equity fund, according to reports in the local press.
IPO activity dwarfs 2012 after first quarter
Private equity-backed IPOs are making a major comeback and could be set to reach their highest level since 2010, according to figures from unquote” data.
Idea Capital closes energy fund on €100m
Italian private equity investor Idea Capital Funds has held a final close for its Idea Energy Efficiency and Sustainable Growth fund on its €100m target.
Caixa and Inveready back Minoryx
Caixa Capital Risc and Inveready have taken part in a first round of funding for Minoryx, a therapeutic agents firm.
Active Venture Partners backs Packlink with €1.5m
European VC investor Active Venture Partners has injected €1.5m into Spanish parcel and courier services site Packlink.
Caixa Capital Risc et al. invest in Pevesa Biotech
Caixa Capital Risc has led a €1.6m funding round for Spanish biotech firm Pevesa Biotech.
Moleskine's public market debut belies Advent's Milan closure
Syntegra's Moleskine, the golden boy of Italian private equity, has listed. But while the local GP revels in the benefits the domestic market affords, Advent International closes its Milan office. Amy King investigates
Clessidra buys Buccellati
Clessidra has bought a 70% stake in Italian jewellery firm Buccellati via the holding company Buccellati Holding Italia.
Spanish government launches €1.2bn fund-of-funds
The Instituto de Crédito Oficial, Spain’s state-owned bank attached to the Ministry of Economic Affairs and Competitiveness, has launched a fund-of-funds holding €1.2bn.
Eurazeo plans Moncler disposal
French listed investment firm Eurazeo is planning to exit Italian ski jackets maker Moncler through an IPO, according to reports.
Apax France sells Numericable B&L and Cabovisao stakes
Apax France has agreed to sell its stakes in cable operators Numericable Belgium/Luxembourg and Cabovisao to co-owner Altice.
Syntegra's Moleskine launches IPO
Syntegra Capital has launched the IPO of portfolio company Moleskine in a listing that could value the business at up to €530m.
PE-backed Hofmann bolts on Posterjack
Hofmann, a Spanish photo album specialist backed by Realza Capital and Portobello Capital, has acquired German customised printing company Posterjack.
Highgrowth sells Facomsa stake to Prudential Tradelink
Spanish VC investor Highgrowth has sold its 35% stake in automotive components manufacturer Facomsa in a trade sale to Prudential Tradelink.