Healthcare
UK - Graphite completes £53m Willowbrook acquisition
Graphite Capital, through Graphite Captial Partners VII, has acquired care home group Willowbrook Healthcare in a £53m 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 £1.4m.
GERMANY - TVM Capital sells DIREVO Biotech
TVM Capital has sold portfolio company DIREVO Biotech AG to Bayer HealthCare in an all cash deal valued at EUR 210m. DIREVO Industrial Biotechnology GmbH, a wholly owned subsidiary of DIREVO Biotech AG, is not subject to this transaction and has been...
UK - Enterprise Equity invests EUR 1.7m into Kelsius
Enterprise Equity has completed a EUR 1.7m investment into Kelsius, a provider of remote temperature monitoring solutions.
UK - Lyceum buys Carewatch for £37m
Lyceum Capital has agreed to acquire social health care provider Carewatch Care Services from its current owner Nestor Healthcare Group Plc in a £37m deal.
FRANCE – AtriA invests in Groupe Phythéa
AtriA Capital Partenaires, through AtriA Private Equity Fund III, have taken a significant minority stake in food supplements company Phythéa. AtriA invested via their fund.
UK - Spark leads investment in Gemini
Spark Ventures has led a £1.4m series-B round of funding for Gemini Biomedical Ltd, a specialist healthcare company, alongside Alliance Fund Managers (AFM).
UK - Sovereign promotes partners
Sovereign Capital has promoted Dominic Dalli, David Myers and Kevin Whittle to partner.
UK - TA Associates invests £35m into Quotient Bioscience
TA Associates has invested £35m into analytical and safety evaluation services company Quotient Bioscience Group.
SWEDEN - Argan acquires Humana Group
Argan Capital has acquired a controlling stake in Humana Group, a provider of personal assistance services for individuals with functional impairments.
NETHERLANDS – SpePharm raises EUR 26m
Paul Capital Healthcare, TVM Capital and Signet Healthcare Partners have invested EUR 26m into drug commercialisation business SpePharm Holding BV.
SWEDEN - Bure divests Textilia for EUR 201m
Bure Equity has sold Textilia, a washing and textile services provider, to Litorina Kapital for SEK 201m.