Southern Europe
ITALY - Partners Group announces joint venture for alternative investments
Partners Group has teamed up with the Italian merchant banking boutique Poli e Associati and other professionals to form Perennius Capital Partners SGR.
ITALY - Clessidra backs acquisition of logistics player
Through its portfolio company Elia, buyout house Clessidra backed the acquisition of logistics business Ambrosetti Autologistic.
SPAIN - Demeter Partners opens Madrid office
French cleantech firm Demeter Partners has officially launched its operations in Madrid.
SPAIN - Suan Biofarma launches and closes first investment
Pharmaceutical player Suanfarma has submitted its fund Suan Biotech to the approval of regulator CNMV, press agencies report. It is understood that the fund will have total funding of EUR 25m and will invest in the biotech and pharma sectors.
EUROPE - HgCapital strengthens renewable energies team
HgCapital has announced the appointment of Jean Pararnaud and Jens Thomassen as associate directors and the internal promotions of Emma Tinker and Rob deLazlo.
SPAIN - Doughty Hanson and Co acquires 50% of residential developer
Doughty Hanson and Co, one of the largest European real estate fund managers, has acquired a 50% stake in Grupo Immobiliario Aranco, a family owned residential developer.
EUROPE - H.I.G Capital opens new European offices
H.I.G Capital, a global private equity firm specialising in investments in small to medium sized companies, has announced the opening of offices in France and Germany.
SPAIN - Nazca acquires two advertising companies
Nazca Capital has acquired advertising companies Sistemas e Imagen Publicitaria, based in Barcelona, and Mundex, based in Madrid.
EUROPE - Deutsche unquote" Private Equity Congress & Awards – 11 October
unquoteт is delighted to announce its second annual Deutsche unquoteт Private Equity Congress & Awards on 11 October 2007, in Zurich. The Congress brings together industry experts to discuss how to stay ahead of the game in this dynamic region. Produced...
SPAIN - Chequers Capital leads MBO of ADP Travel Clearing
French buyout house Chequers Capital has acquired Travel Clearing de Automatic Data Processing from its parent company ADP alongside its management.
GLOBAL - Mubadala buys 7.5% Carlyle stake for $1.35bn
Mubadala Development Company has bought a 7.5% stake in The Carlyle Group for $1.35bn in cash. The deal represents a 10% liquidity discount to the $20bn firm valuation that was agreed by both parties. The minority investment includes no associated voting...
ITALY - KKR exits FL Selenia SpA in EUR 1bn deal
Kohlberg Kravis Roberts and Co (KKR) has wholly exited its stake in Selenia SpA, a producer of lubricants and functional oils, in a trade sale to Malaysian petrolium company PETRONAS in a deal which values the company at around EUR 1bn.
SPAIN - Tirant invests in EUR 20m Filmax financing round
Barcelona-based Filmax Entertainment is reported to have closed a EUR 20m financing round.
ITALY - Euraleo takes 40% stake in Intercos
Euraleo has purchased a 40% stake in cosmetics producer Intercos S.p.A. from investment fund Equinox.
SPAIN - Vector Capital buys minority stake in security business
Shortly after its launch , Vector Capital has purchased a 14.7% stake in Blindados Grupo Norte, a business active in the security and transport of valuable goods.
FRANCE/ITALY - Truffle Capital takes GoAdv public
Truffle Capital has simultaneously led a capital increase and public listing of web-based media company GoAdv, in a deal which values the company at EUR 34m.
ITALY - Sofipa makes 40% IRR on Teckal sale
Italian mid-market house Sofipa has sold energy services provider Teckal to Manutencoop Facility Management. The enterprise value of the exit is EUR 88m, with an implied equity value of EUR 61m. The IRR on the investment is approximately 40% with a cash...
SPAIN - Quercus Equity closes Odeco refinancing on EUR 58.5m
Quercus Equity has recapitalised its investment in Odeco in a deal worth EUR 58.5m.
EUROPE - SLIPE to manage CalPERS' EUR 400m mandate
Standard Life Investments (Private Equity) Ltd (SLIPE) has been selected to manage a EUR 400m mandate focused exclusively on European private equity.
SPAIN – Caixa Penedès launches private equity arm
Following the footsteps of its competitors Caixa Catalunya and La Caixa, Caixa Penedès has launched its own private equity arm.
SPAIN - Kennet Partners makes first investment from new fund
Kennet Partners has led a EUR 7m series-A funding round for European Telemedicine Clinic (TMC), a teleradiology service provider. The deal represents Kennet's first investment from its new fund, Kennet III LP, and provides an exit for previous investors...
SPAIN - Riverside Europe hires associate
Rafael Álvarez-Novoa is the latest hire of Riverside Europe's Madrid office.
ITALY - Investindustrial recapitalises Ducati
Investindustrial has recapitalised its investment in Ducati in a move allowing a return of over 100% for investors.
PORTUGAL - Inter-Risco acquires Sanzala Cafés
Inter-Risco has acquired Sanzala Cafés, a medium-sized operator in the Portuguese coffee industry, through its fund Fundo Caravela. Fundo Caravela has recently created an investment vehicle called NewCoffee co to consolidate the fragmented coffee industry...