Southern Europe
SPAIN – New seed capital fund launched
Savings bank Caixa Laietana and the Roca Junyent family office have launched Inveready Seed Capital, a new fund dedicated to seed capital investments.
ITALY – Private equity interest in snack and beverage distributor
Merrill Lynch Global Private Equity and Argan Capital are set to launch an auction to find a new buyer for snack and beverage distributor N & W Global Vending. Several private equity buyers are reported to be potentially interested in making a bid, including...
GLOBAL – Carlyle signs MoU with Chinese provincial government
The Carlyle Group and the Department of Foreign Trade and Economic Cooperation (SDFTEC) under the Shandong Provincial Government in China have entered into a Memorandum of Understanding (MoU) to develop trade cooperation and stimulate investment in the...
ITALY – Intesa Sanpaolo invests in Somacis Group
Intensa Sanpaolo’s Fondo Mezzogiorno has acquired a 20% stake in electronics manufacturer Somacis Group for an undisclosed sum.
EUROPE – Keravac joins Campbell Lutyens from Calyon
Unquote” can reveal that Jean-Phillppe Keravec is to join private equity advisory firm Campbell Lutyens in June as a partner. Keravec joins the practice from Calyon’s private placement team.
SPAIN - SES Iberia acquires majority stake in Salgar
Espírito Santo Capital and Sigefi Private Equity, through their common fund SES Iberia, have acquired a 52% stake in bathroom accessories manufacturer Comercial Salgar in an LBO valued at EUR 48m.
SPAIN – Permira-backed Dínoslo gets go ahead
Permira portfolio company, commercial distributor Dínoslo, has announced the acquisition of seven supermarkets in the Canary Islands after approval was granted by anti-trust authorities. The deal was originally announced in December last year.
SPAIN – Diana Capital appoints two new recruits
Diana Capital has recently appointed David Polo and Rafael Pinedo as investment director and analyst respectively.
GLOBAL – Morgan Stanley close USD 4bn fund
Morgan Stanley has announced the closing of a USD 4bn private equity fund dedicated to infrastructure projects. The fund far exceeded its initial USD 2.5bn target and is one of the largest infrastructure funds raised to date.
AUSTRIA/ITALY - Capexit acquires Anzi Besson
Capexit has acquired ski wear company Anzi Besson S.R.L., located in Turin. The business is to be held by newly established entity Besson Sportswear GmbH, which is located in Austria and owned by Capexit and the management.
GREECE – Carlyle aquires chemical distribution firm
The Carlyle Group has acquired a 73.54% stake in chemical distribution company Neochimiki LV Lavrentiadis from the Athens Stock Exchange. The deal is valued at EUR 749m; EUR 19 per share.
GLOBAL – Cerberus seeks Eastern alliance
According to sources Cerberus Capital Management, is in the midst of talks with Chinese sovereign wealth fund CIC about a possible co-operation agreement. The talks come on the heels of CIC’s investment in Blackstone last year, under the terms of which...
SPAIN – Caja Navarra led consortium backs game operator
Eurecan, Caja Navarra’s platform to support entrepreneurs, Ingenia Capital and the Roca Junyent family office have acquired a 31% stake in game operator Quasar Elite Spain, in a deal valued at EUR 5.1m. The remaining stake is held by majority shareholder,...
UK/GERMANY - Exponent investee company buys Hobsons
Target Holdings Ltd, a recruitment business and portfolio company of Exponent Private Equity, has acquired UK- and Germany-based graduate recruitment business Hobsons Plc for £26m.
SPAIN – Corpfin exits boat manufacturer
Corfin has sold its stake in yacht manufacturer Faeton in a trade sale to Astondoa, the main sector player in the Spanish market.
GREECE – Carlyle to acquire chemical business
According to reports, Carlyle Group is in the process of acquiring a controlling stake in chemical company Neochimiki.
EUROPE - ACP plans to raise €150m
ACP Mezzanine Ltd has announced plans to raise €150m in a secondary share placement to fund its strong deal pipeline.
SPAIN – 3i to re-invest in Pepe Jeans
3i is thought to be preparing the acquisition of a 30% stake in textile manufacturer Pepe Jeans, in a deal which could be worth up to EUR 150m mark.
SPAIN – Magnum in negotiations with auto parts company
According to reports, Magnum is in negotiations with Amadeo Martí Carbonell (AMC), an auto part manufacturer specialising in the production of cylinder heads for gasoline and diesel engines, regarding a possible investment.
SPAIN – Vector Capital and Ingenia Capital acquire Gas Gas
Vector Capital, the private equity arm of Caixa Penedès, and Ingenia Capital, managed by Alta Partners, have acquired a 65% stake in motorbike manufacturer Gas Gas.
EUROPE – PAI close EUR 5.4bn fund
PAI partners has held the final close of PAI Europe V on EUR 5.4bn. The fund is the largest ever raised in Continental Europe.
SPAIN – Angels Capital disembarks on the venture scene
Angels Capital has launched as a new player on the Spanish venture scene, with EUR 17m dedicated for investments in seed and start-up projects. According to reports this would be the largest such fund in Spain to date.
SPAIN – Vista-backed toy manufacturer to loose Disney license
Market rumour suggests that toy manufacturer Famosa, backed by Vista Capital, could loose the license to manufacture toys under the Disney brand. If the reports hold true, the company risks loosing one of its most successful product lines to US toy manufacturer...
SPAIN – Corporate financier Lincoln International arrives in Spain
According to reports, US corporate financier Lincoln International has launched in Spain and has appointed Iván Marina, one of the directors of Sabadell Corporate Finance, as one of four key men in Spain.