Southern Europe
SPAIN - 3i portfolio company acquires Escor
3i-backed industrial and environmental services firm Daorje has wholly acquired waste management business Escor.
SPAIN - Impax acquires operating solar projects in Spain
Impax, through Impax New Energy Investors (NEI) fund, has acquired 15.5MW of operating solar photovoltaic (PV) projects in three transactions in the Spanish regions of Extremadura and Castilla-la-Mancha .
UK/GERMANY - Sophos to acquire Utimaco
TA Associates-backed Sophos plc intends to acquire German data security solutions company Utimaco Safeware AG for EUR 217m.
EUROPE - Private equity deals up 15% in Q2
A rise in expansion deals and the return of big buyouts has led to a 15% rise in the total combined value of European private equity transactions, according to the latest unquote" private equity Barometer, in association with Candover.
SPAIN - Nauta leads Privalia financing round
Nauta Capital has lead a EUR 4m financing round in online shopping company Privalia, with existing investor Grupo Cabiedes investing EUR 1m of the total sum.
GLOBAL - KKR goes public
Kohlberg Kravis Roberts is going public in a transaction that will involve buying KKR Private Equity Investors, which was listed on Euronext Amsterdam two years ago, and listing the merged entity in New York.
PORTUGAL - Explorer acquires recycling business
Explorer investments has wholly acquired metal recycling firm, Constantino Fernandes Oliveira & Filhos (CFO). The deal was carried out though Fundo Explorer II.
SPAIN - Dinamia managing director resigns
Jordi Conejos, managing director of listed vehicle Dinamia Jordi Conejos, has resigned his post citing personal reasons.
SPAIN - CNMV gives green light to MAB
The Spanish regulator CNMV has granted authorisation to the Mercado Alternativo Bursatil (MAB), an alternative trading platform promoted by the Bolsas y Mercados, holding company of the Spanish Stock Exchanges.
ITALY - DeA Capital acquires First Atlantic Real Estate for EUR 71.5m
DeA Capital, a private equity firm majority owned by De Agostini, has acquired investment group First Atlantic Real Estate (FARE) in a deal valued at EUR 71.5m.
SPAIN - Change Partners-backed companies default payments
According to reports, Change Partners-backed electronic goods distributors Idea and Master Cadenas have defaulted on a EUR 160m debt repayment to banks and suppliers.
SPAIN - N+1 completes EUR 160m MBA acquisition
N+1 has acquired medical prosthetics supplier MBA Incorporando in a management buyout deal valued at EUR 160m.
GLOBAL - Goldman Sachs raises USD 10bn fund
According to reports, Goldman Sachs has raised a USD 10bn fund to invest in senior loans backing leveraged buyouts.
SPAIN - Clave Mayor invests in renewable energy player
Clave Mayor, through its Fondo Tecnologico Seguranza, has invested EUR 3m in DC Wafers, a manufacturer of silicon wafers for use in photovoltaic cells.
ITALY - Pedersoli appoints new partner
Law firm Pedersoli e Associati has appointed Paolo Marsigli as a new junior partner.
PORTUGAL - Inter-Risco completes EUR 20m Frissul acquisition
Inter-Risco has announced the acquisition of logistics business Frissul Group in a deal valued at approximately EUR 20m. The deal was carried out through the newco, Cold Land SGPS SA, in which Inter-Risco holds an 80% stake and InovCapital the remaining...
Controlling leaks
new research suggests that leaks to the press can cost time and money and affect the certainty of deals. By Ashley Wassall
ITALY - Stirling Square backs buyout of Microtecnica
Stirling Square Capital has backed the buyout of Microtecnica, a flight critical aerospace component and sub-system manufacturer, from Hamilton Sundstrand, a subsidiary of United Technologies Corp, for an undisclosed sum.
PORTUGAL - Explorer makes 90% IRR on Editora Oficina do Livro
Explorer Investments has sold publishing house Editora Oficina do Livro to Grupo Leya, achieving an IRR of 90% on the 75% stake it acquired 18 months ago from Grupo JRP. The value of the deal has not been disclosed.
ITALY - Advent sells Venere to Expedia
Advent International has has agreed to sell travel and accomodation operator venere.com to online travel company Expedia Inc for an undisclosed sum.
UK/FRANCE - NBGI launches in Paris
NBGI Private Equity has opened a new office in Paris, which will be headed up by Didier Riebel and Laurent Allégot.
EUROPE - Axa head calls for code on profits
The head of Axa Private Equity, Dominque Senequier, has called for Europe's private equity industry to draw up a voluntary code of conduct on how profit made from deals should be split among investors, managers and staff.
GLOBAL - RIT Capital Partners increases its stake in Millennium Group
RIT Capital Partners Plc, the investment trust of Sir Jacob Rothschild, and Sir Ronald Cohen's, the former founding chairman of Apax, have increased their shareholdings in Millennium Group Holdings Ltd.
ITALY - Clessidra in talks with MPS over asset management unit
Clessidra and FRM Holdings Ltd are in talks with MPS over the acquisition of a 66% stake in MPS's Asset Management unit.