Healthcare
UK/NETHERLANDS - HgCapital to close Amsterdam office and consumer team
HgCapital has announced that it is to close its office in Amsterdam and its London-based consumer and leisure team.
2009 already written off
Europe will not see signs of a return to economic health until 2010 at best, suggests a new survey
LUXEMBOURG - DEFI et al. back DS Care funding
Swiss investor DEFI Gestion SA, Luxembourg-based Luxempart and French fund Sinequanon have invested a combined EUR 20.2m into healthcare provider DS Care in a second round of funding.
FRANCE - AXA Private Equity increases stake in Spotless
AXA Private Equity has acquired a further 50% in portfolio company The Spotless Group, a producer and distributor of homecare and cleaning products, taking its holding in the business to 65.6%.
DENMARK - Essex-backed Symphogen raise EUR 33m; merges with Receptor BioLogix
Essex Woodland Health Ventures, together with existing investors, has raised EUR 33m for portfolio biopharmaceuticals company Symphogen A/S and simultaneously merged the business with fellow portfolio company, Receptor BioLogix, in an all shares transaction....
UK - August-backed Enara completes dual acquisitions
August Equity-backed care home business Enara Group has completed the acquisition of Companions Care and Freshfold Homecare Ltd, two providers of home care services to the elderly .
Buyout outlook - 2009 already written off
Europe will not see signs of a return to economic health until 2010 at best, suggests a new survey. By Mareen Goebel
UK - August portfolio company acquires Beech Care and Nursing
August Equity-backed Enara Group has acquired Beech Care and Nursing Agency Ltd, a provider of healthcare related services, for an undisclosed sum.
UK - Cognetas in restructuring talks
It is understood that Cognetas is in talks with lenders about restructuring the debts in four of its portfolio companies, namely: SGD, the 110-year-old French glassmaker; plastic surgery group Covenant Healthcare, owner of the UK's leading breast enhancement...
FINLAND - Bridgepoint launches EUR 162m offer for Terveystalo
Bridgepoint has launched a cash offer for listed Finnish healthcare provider Terveystalo Healthcare Oyj valuing the company at EUR 162m.
IRELAND - Mianach leads EUR 1.25m RevaHealth funding
Existing backer Mianach Venture Capital has led a EUR 1.25m funding round for health clinic search engine RevaHealth.com, alongside Enterprise Ireland.
UK - Rutland promotes two
Rutland Partners has promoted Oliver Jones and David Wingfield to the position of investment director.
UK - MMC supports Neoss with £5.5m
MMC Ventures has participated in a ТЃ5.5m funding round for healthcare company Neoss Ltd, alongside Delta Partners, Medtronic and several high net worth individuals.
CEE - EBRD considers EUR 40m commitment to 3TS CEE Fund III
The EBRD is studying the possibility of investing up to EUR 40m, but not exceeding 20% of total aggregate commitments, in 3TS CEE Fund III, a regional private equity fund with a target size of EUR 200m.
GREECE - Global Finance sponsors Euroclinic buyout
Global Finance has sponsored a leveraged buyout of Greek healthcare group Euroclinic from the Dutch financial services group Eureko BV for an undisclosed amount.
UK - Abingworth raises £84m co-investment fund
International life sciences and healthcare investor group Abingworth has closed an ТЃ84m co-investment vehicle, Abingworth Bioventures V Co-Invest Growth Equity Fund LP, which is designed to invest alongside Abingworth Bioventures V and brings the total...
UK - ATEP leads £2.6m Digital Healthcare funding
Alliance Trust Equity Partners, the private equity arm of investment trust Alliance Trust Plc, has led a ТЃ2.6m funding round for Digital Healthcare, a specialist provider of retinal screening software, alongside YFM Group, Noble Group and Paris-based...
FRANCE - Close Brothers changes senior management
Close Brothers has appointed Laurent Camilli and Gwénael de Sagazan as co-heads of the firms French division.
UK - Unquote" congratulates the winners of the British Private Equity Awards
Unquote" hosted the fourth annual British Private Equity Awards in London last night.