Healthcare
SWEDEN - Nordic Capital closes on EUR 4.3bn
Nordic Capital has held a final close of its seventh fund, Nordic Capital VII, having secured EUR 4.3bn in total commitments.
UK - NESTA to manage Kinetique Biomedical Seed Fund
NESTA has been appointed as the fund manager of the Kinetique Biomedical Seed Fund.
UK - WFM backs £910,000 Healthcare Learning investment
Wales Fund Managers has invested ТЃ200,000 into The Healthcare Learning Company Ltd (HLC), a developer and distributor of e-learning for healthcare professionals, as part of a ТЃ910,000 funding round.
UK - Private equity could make joint-bid for Four Seasons
RBS-owned specialist healthcare provider The Priory Group has been reported as having held discussions with buyout houses Apax, Blackstone and KKR about the possibility of a joint bid to acquire care home operator Four Seasons.
FRANCE – UFG PE invest EUR 1.1m in aXigate
UFG Private Equity has invested EUR 1.1m into administrative software company aXigate.
EUROPE - Carlyle raises EUR 530m for European technology
The Carlyle Group has closed its second European technology fund, Carlyle Europe Technology Partners II (CETP II), on EUR 530m, exceeding its initial target of EUR 500m.
UK - Graphite completes £53m Willowbrook acquisition
Graphite Capital, through Graphite Captial Partners VII, has acquired care home group Willowbrook Healthcare in a ТЃ53m deal.
UK - Prices fall to lowest level for six years
According to the latest Private Company Price Index, published quarterly by corporate advisory firm BDO Stoy Hayward, the average entry multiple being paid by private equity firms (PEPI) dipped by 14% in Q2 2008 to 11.1x earnings - the lowest level for...
ITALY - Argos Soditic and MPS bid for Sorin accepted
It is understood that a consortium led by Argos Soditic and MPS has presented a takeover offer for the renal unit of healthcare business Sorin Group, which has been accepted in exclusivity.
SWEDEN - Initium et al invest SEK 4.5m into Medfield
A syndicate of investors, comprising Initium, K-Svets Ventures, Salhgrenska Science Park, Innovationsbron and business angels, has completed an investment of SEK 4.5m into Medfield Diagnostics, a medical device company.
ITALY – MPS backs EUR 6m PharmEste funding
MPS Venture and Mitsubichi Tanabe Group, via its MPH Healthcare fund, have subscribed to a EUR 6m financing round for biotechnology firm PharmaEste, alongside existing investors Z-Cube and Quantica.
UK - Phoenix hires investment manager
Phoenix Equity Partners has hired Clarissa Beresford as investment manager.
Argentum recognised for encouraging investment
Argentum aims to attract and develop new investors in private equity
GERMANY - Montagu abandons BSN Medical auction
Reports suggest that Montagu has decided to abandon the planned auction of medical supplies company BSN Medical, which was expected to achieve a sale price of between EUR 1.8bn - EUR 1.9bn, as a result of the continuing turmoil in the financial markets....
FRANCE - ACG appoints two
ACG, formerly known as Altium Capital Group, has recruited Eliza Nikolova and Nicola Gobbo.
NORWAY - NeoMed hires partner
NeoMed Management has hired Gert Caspritz as senior investment professional and partner.
UK - Close Ventures invests £1.4m in healthcare business
Close Ventures has backed Prime Care Holdings Limited, a domiciliary care agency, with funding of ТЃ1.4m.