Healthcare
UK - Solon hires investment associate
Solon Ventures has hired Shufan Lin as investment associate.
CEE - Warburg Pincus sells Euromedic to ALS and Merrill Lynch
Ares Life Science (ALS) and Merrill Lynch's private equity arm have acquired Hungarian healthcare provider Euromedic International from its current shareholders including Warburg Pincus. The deal originated through a Rothschild-led auction, in which several...
EUROPE - Industri Kapital re-brands as IK Investment Partners
Industri Kapital has changed its name to IK Investment Partners (IK) to mark the evolution of the firmтs investment and geographic focus.
UK - Advent set to submit second round bid for Craegmoor
Advent International is set to submit a second round bid to acquire Craegmoor Heathcare, a care home provider, reports suggest.
GLOBAL - LPs concern over GP strategy shift
According to a global barometer by Coller Capital, global LPs are worried about recent GP strategy shifts as the credit crisis continues to bite.
FINLAND/US - Nexit Ventures leads USD 10m investment into Ekahau
Nexit Ventures has led a USD 10m funding round for Ekahau, a Finnish wireless technology company, together with Finnish Industry Investments, Sampo Group and other private investors.
UK - Bestport and Close Ventures exit Grosvenor Health in £19.6m sale
Bestport Ventures and Close Ventures have exited their investment in healthcare provider Grosvenor Health Ltd through a trade sale to service company Serco Group for a total consideration of ТЃ19.6m.
CEE – Private equity houses withdraw from Euromedic auction
Five of the nine private equity houses that had shown interest in Warburg Pincus-owned Hungarian healthcare group Euromedic have reportedly declined raising first round bids in the auction process, which is being led by Rothschild.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
UK/US - MVM hires new partner for Boston office
MVM Life Science Partners has hired Eric Bednarski as partner in its Boston office.
UK - Morgan Stanley Private Equity hires two
Morgan Stanley Private Equity has appointed Jean-Philippe Barade and Alasdair Thomson as executive directors in its London office.
UK - Oxford Capital launches fifth EIS fund
Oxford Capital has launched its fifth Oxford Gateway Enterprise Investment Scheme (EIS) fund. It will target venture capital investments in innovative early and development stage companies in the healthcare, sustainablility and communications sectors....
SWEDEN – 3i looking to auction off Ambea
According to reports, 3i is in the process of auctioning off its 75% stake in Ambea, a Swedish healthcare provider, for up to EUR 900m. Bidders rumoured to be interest include Doughty Hanson, PAI Partners and Merrill Lynch Private Equity. The Singapore...
UK - Seraphim and Oxford Capital invest £2m in Sirigen
Seraphim Capital and Oxford Capital Partners have invested ТЃ2m in Sirigen, a company that uses light-harvesting polymeric materials in its High Sensitivity Flurescence technology. The technology is used in biological assays with a specific focus on diagnostic...
UK – Fountain reaches first closing of maiden fund at EUR 75m
Irish Fountain Healthcare Partners has announced the first closing of its maiden fund Fountain Healthcare Partners I at EUR 75m.