Healthcare
GERMANY - HTGF and Life Science Fonds Esslingen invest in Amedrix
High-Tech Gruenderfonds and Life Science Fonds Esslingen have jointly invested a total of EUR 700,000 in the medical implants developer Amedrix GmbH.
UK - Finance Wales invests £315,000 into Ocelus
Finance Wales has invested £315,000 in drug company Ocelus as part of a second funding round worth close to £500,000.
UK - Duke Street sells Affinity to Priory
Duke Street Capital has sold UK mental healthcare business Affinity Healthcare to The Priory Group for an undisclosed sum.
GERMANY - Earlybird leads EUR 3m round for EBS Technology
Earlybird has led a EUR 3m investment in medical device business EBS Technology GmbH, together with BC Brandenburg Capital.
FRANCE - Duke Street exits Proclif
Duke Street Capital has sold its remaining 57% interest in Proclif, a private hospital company, to Predica, an insurance division of Crédit Agricole, which has in turn sold the stake on to Australian business Ramsay Healthcare for a reported EUR 87m.
GERMANY - SHS invests in TNI medical
SHS Gesellschaft für Beteiligungsmanagement has, together with KfW bank and management, acquired a majority stake in medical technology firm, TNI medical AG.
SWITZERLAND - BioMedPartners reaches final close on CHF 106m
Healthcare venture firm BioMedPartners has reached the final close for BioMedInvest on CHF 106m.
SWEDEN - Industrifonden exits Envirotainer to AAC
Swedish investor Industrifonden has exited Envirotainer, a supplier of temperature controlled logistics to the pharmaceutical industry, in a secondary buyout to AAC Capital Partners.
FRANCE - BC Partners-backed Médica prepares IPO
It is understood that BC Partners is readying to list its Paris-based care homes group Médica, with bookbuilding set to commence on 25 January with BNP Paribas, Credit Suisse and Royal Bank of Scotland as bookrunners.
NETHERLANDS - Thuja et al. in series-A round for FABPulous
Thuja Capital, Health Innovation Fund, Limburg Ventures and NV Industriebank LIOF have co-led an indisclosed investment into biotechnology firm FABPulous, in a first round of institutional funding.
FRANCE - Natixis and Emerging back USD 22.6m EyeGate investment
Natixis Private Equity and Emerging Capital, alongside return backers Ventech, Innoven Partners and Medicis Capital, have invested close to USD 23m in a series-D financing round for pharmaceutical company EyeGate Pharma.
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
UK - MMC Ventures leads £1.4m follow-on investment for The Practice
MMC Ventures has led a follow-on investment in healthcare company The Practice, alongside existing angel investors. MMC invested £1.1m of the £1.4m round, bringing its total investment in the company to £3.4m.
UK - Inflexion completes HKI exit
Inflexion Private Equity has completed its exit of Healthcare Knowledge International (HKI), after selling its Iberian division, IASIST SA, to trade buyer UBM Limited for an undisclosed value. Inflexion has made a total return of 2.7x money on its original...
In rude health
The is currently something of a buzz around the healthcare sector, but there may not be opportunities for all. By Ashley Wassall
UK - Abingworth et al. invest £15m into Chroma Therapeutics
Returning backers Abingworth Management, Essex Woodlands Healthcare Ventures, Gilde Healthcare, Nomura Phase4 Ventures and The Wellcome Trust have backed a £15m series-D funding round for biotechnology company Chroma Therapeutics.
UK - Synova Capital appoints new investment director
UK growth capital investor Synova Capital has hired Ben Barnett as investment director.
UK - NVM-backed CloserStill acquires two exhibition businesses
NVM Private Equity-backed events company CloserStill has acquired Pioneer Global Media and Principal Media for an undisclosed sum.
UK - Seraphim and Oxford further invest in Sirigen
Seraphim Capital and Oxford Capital Partners have invested a further £1.2m in life sciences company Sirigen.
IRELAND - Fountain Healthcare & Mitsui co-lead $17m Cappella funding
Fountain Healthcare Partners and Mitsui & Co Venture Partners (MCVP) have co-led a $173m investment into medical device company Cappella, alongside Enterprise Ireland and existing investors Polytechnos Partners and ACT Venture Capital.
NETHERLANDS - Gimv backs Claymount MBO
Gimv has acquired a 43% in x-ray business Claymount Group in a management buyout, with CEO Jeffrey Tierie and other management team members retaining the balance of the equity.