Southern Europe
Is the economic impact of private equity measurable?
With the public scrutiny under which the activities of the private equity industry has been placed in recent times, the importance of measuring the economic and social impact of venture capital and buyouts in domestic markets has increased. In line with...
ITALY – Record year for Italian private equity
Private equity in Italy reported a record year in 2007 with EUR 4.2 bn invested in more than 300 deals.
ITALY – Cape to back new investment firm
Listed vehicle Cape LIVE will invest EUR 5m in DVR&C, an investment firm still in formation which will be structured as a private equity fund.
SPAIN – Arques Industrie exits from chemical manufacturer
Arques Industries AG has sold its stake in chemical manufacturer Oxiris Chemicals to Ludwingshafener Raschig Gruppe in a deal valued at approximately EUR 10.5m.
ITALY – Clessidra and Intesa acquire 55% of toy manufacturer
Clessidra and Intesa Sanpaolo have acquired a 40% and 15% stake in toy manufacturer Giochi Preziosi respectively. The founder, Enrico Preziosi will retain the remaining 45% stake. The deal represents an exit for 3i.
ITALY – GE Capital to acquire Interbanca
US private equity firm GE Capital is in the final stages of acquiring bank Interbanca. According to sources, the transaction is valued at EUR 900m.
ITALY – Ambienta reaches first closing on EUR 124m
Ambienta has reached the first closing of its first vehicle, Ambienta I on EUR 123.75m. Commitments were provided by Italian and financial institutions, industrial groups and Italian and international private investors. The second fundraising stage, which...
ITALY – Cape LIVE invests in asset management firm
Listed vehicle Cape LIVE has acquired a 10% stake in independent asset management company Zenit Sgr in a deal valued at approximately EUR 1.5m. Cape has the possibility of increasing its stake to 30% over the next three years.
SPAIN – Seed Gipuzkoa in double investment
Basque country venture capitalist Seed Gipuzkoa has invested EUR 250,000 in chemical-pharmaceutical company Ikerchem and EUR 200,000 in database group Saludnova.
SPAIN – ProA closes EUR 250m maiden fund
ProA Capital has closed its first vehicle, ProA Capital Iberian Buyout Fund I, on EUR 250m. The generalist fund will invest in proprietary buyouts and in sectors yet to be consolidated.