UK / Ireland
LDC backs Computer Recognition Systems
LDC has bought UK traffic management company, Computer Recognition Systems (CRS), as a bolt-on to Vysionic, the portfolio company it set up in February this year.
Advent opens office in Turkey
Advent International has opened an office in Turkey, in a bid to strengthen its foothold in the region.
Naxicap-backed GSM Consulting acquires Subventium
GSM Consulting has wholly acquired financial consulting firm Subventium, with the support of Naxicap Partners.
Argos Soditic backs Groupe Mertz in bolt-on acquisition
Argos-backed Groupe Mertz has acquired a majority stake in transport specialist Transport Roullé.
Morgan Stanley's private equity co-head resigns
Morgan Stanley's private equity co-head, Steve Trevor, is resigning from his role after a four-year stint at the bank.
IPOs: Keeping afloat in 2010
Following a lull in private equity–backed flotations over the past two years, 2010 is seeing some light at the end of the tunnel. While private equity assets are not exactly flooding the market, things are looking promising as Greg Gille finds out
Lloyds TSB hires Paul Osment as credit director
Lloyds TSB Corporate Markets has hired Paul Osment as director of leveraged credit sales, to oversee both bonds and leveraged loans.
Nordic Mezzanine office move
Nordic Mezzanine has moved offices in London and Helsinki.
Advent, Accel and Atlas back $9m Ubiquisys deal
Existing investors Advent Venture Partners, Accel Partners and Atlas Venture have participated in a further $9m funding round for mobile telecommunications company Ubiquisys.
Ireland to launch $700m venture capital fund
The Irish government is reportedly working on plans to launch a $700m venture capital fund, in a bid to bolster innovation in the region.
BayBG backs TAKEO with further investment
BayBG has invested an undisclosed amount as part of a silent partnership in automotive supplier TAKEO GmbH.
RSM Tenon appoints three ex-Vantis officials as directors
RSM Tenon has appointed former Vantis senior officials, Philip Marsden Rebecca Guerin and Jim Clark, as directors in the corporate finance team.
Siparex invests in Groupe Legallais
Siparex has taken a minority stake in ironmongery distributor Groupe Legallais.
JC Flowers to get 40% of Kent Reliance Building Society
US private equity group JC Flowers is reportedly investing £50m in UK's Kent Reliance Building Society (KRBS), for a 40% stake of the society. The deal is subject to regulatory and KRBS member approval.
Avenir Entreprises invests €1m in BEG Ingénierie
Avenir Entreprises has provided building company BEG Ingénierie with €1m from the OC+ fund.
BNP Paribas Private Equity injects €2.2m in Resavacs
BNP Paribas PE has invested €2.2m in rental website editor Resavacs.
Axa Private Equity buys Phönix/Strack Group
Axa Private Equity has acquired a majority stake in Phönix/Strack Group, a special valves supplier to the chemical industry.
Ratos exits Haglöfs in trade sale
Ratos has sold outdoor equipment producer Haglöfs to Asics for approximately SEK 1bn.
Barclays Private Equity acquires MPS Meat Processing
Barclays Private Equity has acquired MPS Meat Processing Systems in a secondary buyout from Steadfast Capital.
ILPA Principles: broad-brush solution to a complex issue?
In a buyer’s market it is hardly surprising that there has been a real focus on re-aligning various terms & conditions of private equity funds to favour LP investors. But are attempts to drive and perhaps formalise this process wide of the mark? Julian...
AXA-backed Kallista Energy acquires four windfarms
Kallista Energy has acquired the Brittany wind farm assets of Neoelectra, with the support of AXA Private Equity.
Downing and LCI launch new EIS fund
Downing Corporate Finance has launched the renewable energy-focused Downing Low Carbon EIS Fund, in conjunction with Low Carbon Investors (LCI).
Balderton backs my-wardrobe.com
Balderton Capital has invested $9m series-A funding in UK online fashion retailer, my-wardrobe.com.
Herkules agrees to acquire Intelecom
Herkules has reached an agreement to acquire the Norwegian enterprise communication provider, Intelecom.