Southern Europe
The renewable question
While investment into renewable energy is slowing down in North America, European activity levels have remained strong. However, the coming months will test the true resilience of the sector
EUROPE - Cognetas hires adviser
Pan-European buyout house Cognetas has hired David Pusinelli as senior adviser specialising in financial services.
SPAIN – Debaeque invests EUR 3m into Helpmycash
Debaeque has completed a EUR 3m round of financing for Helpmycash, a web based consumer assistance company that provides recommendations on consumer finance products.
EUROPE - Bridgepoint closes fourth fund EUR 800m above target
Bridgepoint has closed its fourth fund, Bridgepoint Europe IV Fund, on more than EUR тЌ4.8bn - well above its original target of тЌ4bn.
SPAIN - Private equity interest in Clece
Reports suggest that several private equity houses, including Apax, EQT, CVC, PAI and Permira, are interested in bidding for Clece, the airport logistics and cleaning subsidiary of multinational ACS.
ITALY - Investcorp and BPE complete EUR 600m N&W acquisition
According to reports, Investcorp and Barclays Private Equity (BPE) have completed the EUR 600m secondary buyout of vending machine business N&W Global Vending from Argan Capital and Merrill Lynch Global Private Equity.
EUROPE - Private equity investment drops to four year low
Figures published today in the unquote" Private Equity Barometer, produced in association with Candover, reveal that the total value of private equity-backed investments fell to less than EUR 20m between July and September - a 35% drop on the previous...
EUROPE - EVCA appoints new chairman of Tax and Legal Committee
The European Private Equity and Venture Capital Association (EVCA) has appointed Fabio Brunelli as the new chairman of its Tax and Legal Committee.
SPAIN - SGECR invests EUR 465,000 into Tagzania
The venture capital arm of the Basque Country government, SGECR, has invested EUR 465,000 into software company Tagzania Servicis.
SPAIN - MCH-backed Mabyc-Ibersegur acquires Alfia
MCH- and Suma-backed parking services company Mabyc-Ibersegur has acquired UK competitor Alfia Ltd from US parent Stanley Works.
ITALY - Vertis reaches first closing on EUR 40m
Vertis Sgr has reached the first closing of its new vehicle, Vertis Capital, on EUR 40m.
ITALY - Argos Soditic replaces heas of operations
Argos Soditic Italia has announced the departure of its head of operations Matteo Carlotti, with parners Jean-Pierre Di Benedetto and Mirco Dilda taking on his responsibilities as joint managing directors.
ITALY - AIFI figures reveal record breaking H1
Figures released today by the Associazione Italiana del Private Equity e Venture Capital (AIFI) reveal that private equity investment activity broke all previous half-year records in H1 2008, with 170 deals completed worth EUR 2.8bn - 11% and 45% up respectively...
The last resort?
With the ongoing turmoil in the banking sector continuing to limit the availability of debt financing, buyout houses seem to be increasingly turning to asset based lenders to fill the liquidity void. By Ashley Wassall
ITALY - Investimenti e Partecipazioni presents binding offer to Sorin
Italian investment fund Investimenti e Partecipazioni Spa (IP) has presented a binding offer to Sorin Group for the acquisition of its Vascular Therapy Business.