Healthcare
UK - Inflexion hires new assistant director
Inflexion Private Equity has appointed Anthony Bower to join its investment team as assistant director.
UK - Cinven, Macquarie and Blackstone interested in BUPA hospitals
BUPA is to put its 26 UK hospitals up for sale. It is reported that Cinven, Macquarie and Blackstone have all shown interest in the hospital assets. The news follows rumours that certain private equity groups have considered a bid for healthcare insurer...
ITALY - BS Private Equity sells nursing home group
BS Private Equity has sold all its shares in nursing home group Segesta alongside the company's founder and CEO. The buyer is French mental healthcare provider Korian.
UK - August Equity makes four internal promotions
August Equity has made four promotions. Sam Watkinson, who joined August Equity in August 2005, has been promoted to director. Watkinson is responsible for managing the deal origination activities across the four sectors which the firm focuses on т healthcare,...
UK - Synergis leads investment into heart disease diagnosis company
Synergis Technologies has led a funding round for Petrra Ltd.
UK - YFM backs management buy-in of Cater Plus Services
YFM has backed the ТЃ4.3m management buy-in of catering services provider Waterfall Services Ltd, which trades as Cater Plus Services. Yorkshire Bank provided a debt package to facilitate the deal.
UK - BUPA next private equity target?
Market sources report that Temasek, the Singapore government investment group, is weighting up a bid for private healthcare provider BUPA. It is understood that at least one other private equity group may also be involved in a Temasek-led bid.
NORWAY - FSN Capital buys a 47% stake in private care company
FSN Capital II has agreed to acquire 47% of the shares in healthcare provider Norlandia Omsorg AS. The deal will enable Norlandia Omsorg to strengthen its market position and grow organically and via acquisitions.
DENMARK - Gilde invests EUR 5m in Symphogen
Gilde Healthcare Partners has invested EUR 5m in biotechnology company Symphogen A/S in a second closing of the series-E round.
US - 3i growth capital business enters US
3i has recruited nine private equity professionals to form its new US growth capital team and has opened an office in New York to spearhead its growth activities in the US. An additional five investors will join over the course of 2007. The founding partners...
UK - Corbett Keeling appoints Vincent Thompson
Corbett Keeling has appointed Vincent Thompson as an associate. Thompson qualified as an accountant with Peat Marwick Mitchell in 1978 and has since worked for the corporate finance division of Morgan Grenfell and Hambros Bank. In 2003, he joined the...
UK - North West Equtiy Fund invests £250,000 in medical communications company
North West Equity Fund has invested ТЃ250,000 into Cheshire-based CSF Medical Communications Limited (CSF).
BELGIUM - Gilde Healthcare portfolio company Ablynx signs $265m deal
Pharmaceutical company Boehringer Ingelheim and Ablynx have announced an exclusive worldwide collaboration and licence agreement worth almost $265m to discover and develop new therapies for Alzheimer’s disease using Ablynx Nanobodies®.
UK - Blackstone completes full exit from South Cross Healthcare
Blackstone has augmented its proceeds from the July listing of Southern Cross Healthcare by selling the 43% stake it retained post-float. The full exit added ТЃ127.5m to the cash already realised from the UK's largest nursing home operator. Total returns...
UK - NESTA looks to private sector to aid distribution of £50m fund for start-ups
The new NESTA (National Endowment for Science, Technology & the Arts) ТЃ50m fund for start-ups is to be overseen by a team drawn primarily from the private sector. The committee, which includes Apax partner, Adrian Beecroft and MTI CEO and managing partner,...
ITALY - Apax acquires healthcare factoring business
Pharmaceutical group Confarma is reported to have sold the majority of its shares in Farmafactoring to FF Holding, a vehicle entirely owned by Apax Partners.
UK - Lyceum exits Clinovia through a sale to BUPA
Lyceum Capital has realised its investment in home healthcare services provider Clinovia. The Harlow-based company was acquired by BUPA for ТЃ87.7m. The returns on the deal have not been disclosed.
UK - Gresham generates 2.6x return on exit from Blue Group
Gresham Private Equity has exited Blue Group International through the sale of the business to HCL Plc (formerly Healthcare Locums Plc) in a deal worth ТЃ12m. Gresham made a return of 2.6x its investment.
UK - Esprit appoints new partner
European technology venture firm Esprit Capital Partners has appointed Peter Keen as partner. A chartered accountant, Keen will assume responsibility for Espritтs financial and fund raising activity as well as providing investment support, with a focus...
FRANCE - EdRIP appoints life science partner and recruits three staff
Paris-based Edmond de Rothschild Investment Partners (EdRIP) has recruited three additional staff and secured a new venture partnership. Olivier Litzka has been appointed as co-director of the life science team, while Laurent Toutois and Sophie Nordmann...
UK - Barclays Ventures supports £30m management buy-in
Barclays Ventures has backed a simultaneous ТЃ30m management buy-in of Amwell Systems and Twyford Bushboard. The combined businesses create the UKтs leading independent designer, manufacturer, supplier and installer of both traditional washroom systems...
SWEDEN - Nordic Capital sells fitness club chain SATS
Nordic Capital Fund IV has entered into a binding agreement to divest fitness club chain SATS to Tryg i Danmark smba. Tryg i Danmark smba invests in companies within the healthcare and security sector. The completion of the transaction is subject to approval...
SWEDEN - Opica's offer becomes unconditional
Opica AB, a company jointly owned by Apax Europe VI, Nordic Capital Fund VI and Apax France, has announced that all conditions to the offer for Swedish healthcare group Capio have been satisfied and that the offer therefore has become unconditional.
ITALY - Doughty Hanson acquires Zobele for EUR 300m
Doughty Hanson has agreed to purchase Trento-based company Zobele from its founders for around EUR 300m, according to reports in the Italian press. Zobele is active in the development of products and solutions for pest control, healthcare and household,...