Southern Europe
Caixa Capital Risc invests in zero2infinity
Caixa Capital Risc, the venture capital division of Spain’s La Caixa savings bank, has invested in Barcelona-based aerospace company zero2infinity.
Investitori Associati exits La Rinascente
A consortium comprising Investitori Associati, Deutsche Bank Real Estate Global Opportunities (DBGO), Prelios and Boletti Group have sold La Rinascente for €205m.
3i sells Mosaicon stake
Private equity house 3i has sold its 58.37% stake in leather goods distributor Mosaicon to Antichi Pellettieri for €7.5m.
Fondo Italiano invests in Sanlorenzo
Fondo Italiano di Investimento (FII) has participated in a €30m capital increase for Italian yacht builder Sanlorenzo SpA.
Clave Mayor-backed Papas Vicente Vidal buys Aperitivos Gus
Papas Vicente Vidal, a Spanish family business recently acquired by Clave Mayor and Sodena-backed APEX, has purchased 100% of snacks manufacturer Aperitivos Gus.
Interview: Javier Echarri
Having spent 10 years at the helm of the European Venture Capital Association (EVCA), Javier Echarri is roundly considered one of the world's most influential people in private equity. He talks to Susannah Birkwood about the AIFMD, national trade bodies...
Investindustrial and Alpha exit Permasteelisa for €600m
Private equity firms Investindustrial and Alpha Group have sold Italian architectural and engineering business Permasteelisa to JS Group for €573m, or 7.6x EBITDA.
Pandora IPO lifts lid on PE failings
Pandora is not the only private equity-backed IPO to suffer – it would seem the box is full of underperforming listings. John Bakie reports.
Ergon acquires Fundició Dúctil Benito
Belgium mid-cap firm Ergon Capital Partners has acquired a majority stake in Catalan company Fundició Dúctil Benito in its first transaction in Spain.
GCRPV invests in four Basque firms
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has invested €4m in four Basque businesses.
MCH and Corpfin invest in Segur Ibérica
MCH Private Equity and Corpfin Capital have acquired N+1 Private Equity’s stake in Spanish security firms Segur Ibérica and Hortus Mundi for €26m.
Industry fears confirmed as BGF outbids NVM
The Business Growth Fund’s outbidding of private investor NVM appears to justify market concern that the vehicle constitutes unfair competition to smaller PE houses.
Waterland’s fifth fund raises €1.1bn
Waterland Private Equity Investments has held final close of its fifth fund, Waterland Private Equity Fund V, at €1.1bn.
Proskauer Rose poaches three for funds team
Proskauer Rose has poached three private equity fund structuring professionals from rivals Kirkland & Ellis and SJ Berwin in recent days, in anticipation of increased fundraising activity.
Niklas Eklund joins Wellington Partners
Wellington Partners has appointed serial entrepreneur Niklas Eklund as a venture partner.
Nazca Capital buys EUREKAKIDS
Nazca Capital has acquired Damerik, which owns Catalan toy chain EUREKAKIDS, via the purchase of equity and a capital increase.
Secondary players dominate Italy’s foreign LP base
Italian GPs ought to be doing more to attract foreign investors at the fundraising stage, as many of the country's overseas-based LPs are secondary players. Susannah Birkwood finds out whether this and other local trends are about to change.
Riverside adds two new execs
Global private equity firm The Riverside Company has appointed two new executives, Juan Rufilanchas and Jaime Escribano, to its Madrid office.
Magnum’s Seda Coffee deal falls through
Magnum Capital Partners’ bid to acquire a 50% stake in Seda Coffee has fallen through, despite its announcement last April that the deal would go ahead.
N+1 et al. exit Serventa
N+1 Private Equity, Dinamia and Nmás1 Private Equity Fund LP, have sold their shareholding in vending machine operator Servicio de Venta Automatica SA (Serventa) to Autobar Group for €6.24m.
2011: The year of the mega buyout
While the increase in volume of European buyouts has been modest in 2011, the surge in value has been impressive. Viktor Lundvall investigates
Southern Europe unquote” out now
The latest digital edition of Southern Europe unquote” is out now, bringing you all the latest deals, funds and analysis in the region.
N+1 registers EQMC fund in Spain
Private equity firm N+1 has registered a new open-ended fund in Spain, which will allow Spanish LPs to participate in the investments made by its Ireland-based EQMC vehicle.
BC Partners holds second close at €5.5bn
BC Partners has held a second close of its BC European Capital IX fund at €5.5bn.