Consumer
Eschenbach Group acquires Tura
Barclays Private Equity-backed eyewear manufacturer Eschenbach Group has acquired 85% of American eyewear company Tura with effect from 1 December 2009, with 15% being held by the company's management.
Optiomi and Veraventure back SongHi
Optiomi Invest has joined forces with the Finnish public early-stage investor Veraventure and backed SongHi Entertainment.
KKR acquires stake in Rudolf Wild
Kohlberg Kravis Roberts & Co. (KKR) has acquired a stake in food ingredients business Rudolf Wild GmbH & Co. KG with effect from 1 January 2010 from the owner, Dr. Hans-Peter Wild.
Core Capital leads £4m round for Georgina Goodman
VCT manager Core Capital has led a ТЃ4m financing round for luxury goods retailer Georgina Goodman.
UK - Inventages Venture Capital invests £4m in Tanfield Foods
Inventages Venture Capital has invested ТЃ4m in food manufacturer The Tanfield Food Company.
UK - Apollo, Cerberus buy stake of Gala's debt
A consortium including Apollo Management and Cerberus Capital Management have reportedly acquired a substantial tranche of Permira-, Cinven- and Candover-backed gaming company Gala Coral's debt, giving the consortium the chance to take control of the...
Scope becomes majority owner in Wright Trafikkskole
Swedish growth investor Scope has taken a 65% stake in driving school Wright Trafikkskole.
UK - Gala's junior lenders could sell off debt
Junior lenders of Permira-, Cinven- and Candover-backed Gala Coral, the British gaming company, are reportedly considering selling off their debt rather than pursuing a debt for equity swap that would see them gain a considerable stake in the beleaguered...
UK - ISIS realises part of its investment in Traveljigsaw through refinancing
ISIS Equity Partners has realised part of its investment in online travel agent Traveljigsaw through a multi-million pound refinancing, which sees Yorkshire Bank more than double the facilities available to the business.
GERMANY - Acton acquires stake in mytheresa
Acton Capital Partners has acquired a minority stake in luxury online retailer mytheresa through an undisclosed investment.
UK - BC Partners drops bid for Matalan
BC Partners has reportedly dropped out of the auction for UK discount retailer Matalan, which has been put up for sale for a price tag thought to be around ТЃ1.5bn.
ITALY - L-Capital to take stake in Dondup
L-Capital the private equity arm of luxury brand holding LVHM is to take a majority stake in fashion manufacturer Dondup; a deal that has been in the works at least since last summer.
UK - The Aspire Fund invests inTalentPuzzle
Capital for Enterprise's The Aspire Fund has invested an undisclosed amount into TalentPuzzle, an online recruitment platform, alongside Venrex Investment Managemnet and two angel investors.
FRANCE - Highland CP and Endeavour provide Spartoo with EUR 12m
Highland Capital Partners and Endeavour Vision have led a EUR 12m Series-B round of financing of Online shoe distributor Spartoo.
UK - Candover-backed Gala Coral asks lenders for waivers
Permira-, Cinven- and Candover-backed Gala Coral, the British gaming group, has reportedly asked for three waivers from senior debt holders, including the right to skip an upcoming covenant test.
Steadfast-backed MPS acquries Butina
Steadfast Capital-backed Meat Processing Systems (MPS) has acquired a majority stake in Butina A/S.
SPAIN - PE-backed Amadeus seeks to amend debt prior to listing
Reports suggest that BC Partners- and Cinven-backed travel agency Amadeus is in negotiations with its lenders to amend the terms on its EUR 5bn debt pile prior to its planned flotation.
Floating to the top
The IPO flurry may herald a new dawn in the market - or it could be the result of pressure from LPs for future fundraisings. Deborah Sterescu investigates
UK - KCP backs the £24m MBO of TSC Foods
Key Capital Partners (KCP) has backed the management buyout of soup and sauce manufacturer TSC Foods Limited in a ТЃ24m deal. KCP invested ТЃ6m for a majority stake in the business, while Yorkshire Bank's Corporate & Structured Finance team provided senior...
UK - Valco to acquire Risk Capital-backed Borders UK
Borders, the ailing bookstore backed by Risk Capital Partners, is in talks with Valco Capital Partners, the private equity arm of restructuring specialist Hilco, over the sale of its UK business.
Motivating management: The BIMBO's back
Now more than ever it's important to ensure management teams are properly incentivised. For existing portfolio companies it may mean bringing on board some fresh blood; for new opportunities it means cutting a fair deal for all parties involved
SWEDEN - Ledstiernan increases Katsching stake to 62%
Swedish private equity firm Ledstiernan has acquired a further 14% stake in online mobile retailer Katshing, increasing its stake from 48% to 62%.