Southern Europe
Argos Soditic closes latest fund on €400m hard cap
Argos Soditic has closed the Euroknights VI buyout fund at its тЌ400m hardcap, following a relatively short formal fundraising period.
The year that was 2010: Mega-buyouts back in force
As the end of 2010 approaches, it will likely be remembered as a year of considerable uncertainty. Fear of a double-dip recession, major debt crises, a fragile economic recovery and the return of mega-buyouts are among the major developments affecting...
CRM exits Nupcial Novissima through bankruptcy
Private equity firm Capital Riesgo Madrid (CRM) looks set to make a loss on its 2008 investment in wedding gown designer and manufacturer Grupo Nupcial Novissima.
Carlyle-backed Applus+ buys Velosi for €105m
Applus+, a portfolio company The Carlyle Group is poised to acquire testing, inspection and certification services provider Velosi for €105m.
Zed plans a capital increase
Multiplatform digital entertainment company Zed has announced that it is planning to launch a capital increase to help it realise the company's ambitious expansion plans.
Oaktree becomes largest Panrico shareholder
Oaktree Capital has become the largest stakeholder in Spanish doughnut manufacturer Panrico after buying the shares held by Caja Madrid.
Invercaria acquires 20% of Electria
Invercaria, the private equity investment vehicle of the Junta de Andalucía, has acquired a 20% stake in Spanish renewable energy business Electria.
The year that was 2010: Greek debt and green shoots
As the end of 2010 approaches, it will likely be remembered as a year of considerable uncertainty. Fear of a double-dip recession, major debt crises, a fragile economic recovery and the return of mega-buyouts are among the major developments affecting...
2010: a step towards recovery
In the end, 2010 has turned out to be the year of the recovery. Deal activity is up, the mega-buyout has reappeared, many houses have managed to record lucrative exits and there have even been some successful fundraisings.
Active II holds first close on €25m
Barcelona-based venture capital firm Active Venture Partners has held a first close of its Active Venture II fund on €25m.
The year that was 2010: Economy fears dampen slow recovery
As the end of 2010 approaches, it will likely be remembered as a year of considerable uncertainty. Fear of a double-dip recession, major debt crises, a fragile economic recovery and the return of mega-buyouts are among the major developments affecting...
Buyouts spring back in 2010
Preliminary figures for the European Buyout Review 2011 confirm the general feeling in the market that buyout activity has bounced back in 2010. Emanuel Eftimiu gives an overview
3i-backed Grupo Mémora acquires La Expansiva
A portfolio company of buyout specialist 3i has purchased Spanish funeral parlour La Expansiva.
Suma Capital buys CTC Externalización
Suma Capital has purchased a 75% stake in outsourcing industrial and logistics services provider CTC Externalización as part of a management buyout.
Miura and Talde acquire 40% of BC
Miura Private Equity and Talde Capital Riesgo have acquired a 40% stake in Grupo BC, which provides outsourcing document services to the banking sector.
Accel, Pond and SEP exit Gigle Networks
Venture capital firms Accel Partners, Pond Venture and Scottish Equity Partners have sold their 60% stake in Gigle Networks to Broadcom Corporation.
Innogest-backed Silicon Biosystems forms US subsidiary
A portfolio company of venture capital firm Innogest has formed a US subsidiary to focus on its commercial operations.
Investing Profit Wisely invests in BeRuby
Investing Profit Wisely and consulting group Eje de Negocios have invested around €1m in BeRuby, a website which specialises in online marketing and publicity.
A shakeout?
Remember a study titled тGet ready for the private equity shakeoutт published two years ago? Not really? To refresh your memory, it was a white paper published jointly by IESE Business School and The Boston Consulting Group and made headlines by claiming...
Southern Europe unquote" January 2010
Ibersuizas has decided to take legal action against four of its partners for "failing to comply with their most basic duties".
Caixa Capital Risc leads Omnia Molecular round
Caixa Capital Risc, the private equity arm of La Caixa, has led a second round of funding for Barcelona-based biotech firm Omnia Molecular.
Sherpa Capital acquires 60% of Polibol
Sherpa Capital has acquired a 60% stake in Spanish packaging company Polibol as part of a capital increase.
Fundraising market continues to confound
Fundraising conditions are at their toughest for nearly a decade and the market is awash with rumours of stalled fundraising programmes. But there are also regular reports of highly successful fundraisings that fly in the face of the current trends. Julian...
SEPI-backed Ebro to buy SunRice for $578m
Sociedad Estatal de Participaciones Industriales (SEPI) portfolio company Ebro Foods has made an unsolicited offer to buy Australian rice firm SunRice for $578m.