Healthcare
UK - Blackstone to float Southern Cross Healthcare Group
The recently volatility of the markets has not deterred Blackstone from their intention to float Southern Cross. Blackstone is hoping the sale will value Britain's biggest care home group which it has owned since 2003 at about ТЃ550m, according to The...
NL- Gilde and Van Herk Groep support third financing round for Agendia
Van Herk Group and Gilde Healthcare have provided third round financing to Dutch biotech company Agendia BV. The funds raised will be used to accelerate development of microarray-based late stage products into diagnostic tests for breast cancer and other...
FINLAND - CapMan acquires Tamro MedLab from Tamro Group
CapMan has signed an agreement to buy Tamro MedLab from Tamro Group for an undisclosed sum. It is expected that the transaction, which includes all of Tamro MedLab’s business, will be closed by July 2006.
DENMARK - Matas shareholders to accept CVC offer
The majority of the Matas shareholders have agreed to sell the business to CVC Capital Partners for DKK 5.2bn. During a shareholder meeting, more than 2/3 of the shareholders agreed that the board of directors should continue the sales process with CVC....
UK - Acquisition of Contour Showers Ltd by MST Capital
Contour Showers Ltd, the UK brand of specialist shower equipment for the elderly and special-needs markets, has been purchased by MST Capital, in conjunction with a new management team of managing director Tim Robinson and finance director David Whitehead....
NETHERLANDS - Waterland acquires Optima Zorg
Waterland Private Equity Investments has acquired a majority stake in Optima Zorg,a Netherlands-based homecare company.
DENMARK - CVC to bid for Matas
CVC Capital Partners has issued a DKK 5.1bn bid for Matas, according to press reports. Matas has 291 stores in Denmark and more than 2,000 employees. The company sells medicines and healthcare products.
ITALY - Successul listing for Wellington portfolio company NoemaLife SpA
On its first day of trading on the Milan Stock Exchange, NoemaLife's share price grew by 37% from the original issue price of EUR 9 per share to reach EUR 12.30 per share, representing a market capitalization of EUR 52m.
FRANCE - Thierry Laugel joins AGF Private Equity's venture capital team
AGF Private Equity has appointed Thierry Laugel as partner in itsventure capital team.
UK - CVM sells interest in Applecroft Care
Close Venture Management (CVM) has sold its interests in Applecroft Care Home Ltd in Dover, Kent and Barleycroft Care Home Limited in Romford, Essex, to its partner in the investments.
UK - BC Partners and Apax involved in £2.2bn healthcare deal
Network Healthcare Holdings (Netcare) has announced its acquisition of a controlling interest in leading UK private hospital group, General Healthcare Group Limited (HG), from BC Partners. Netcare is supported by a consortium of investors including Apax...
UK - LMS to spin off venture division
London Merchant Securities (LMS), the property group, is set to become a real estate investment trust (Reit) once it has spun-off its venture capital arm as a new Aim-listed company called Leo Capital.
GERMANY - Skadden, Arps names new partner
International law firm Skadden, Arps has named Dr Lutz Zimmer as partner at its Munich practice. Zimmer joined Skadden as counsel in 2004 and has extensive experience in the fields of private equity and venture capital.
UK - Hg announces new appointments
HgCapital has announced five new appointments and the establishment of a services sector team to be lead by Robin Lincoln.
NORDICS - Briodgepoint appoints chairman of Nordic business
Bridgepoint has appointed Mikael Lövgren as chairman of its Nordic business Bridgepoint Capital AB.
UK - Sovereign Capital announces three promotions
Sovereign Capital has made three promotions in its team: Dominic Dalli and Simon Hitchcock have been made directors and Jose Rodriguez has been promoted to investment manager.
UK - Hg completes acquisition of Paragon Healthcare Group
HgCapital has acquired Paragon Healthcare Group from Duke Street Capital in a ТЃ322m buyout.
UK - Montagu Private Equity acquires Misys General Insurance for £182m
Montagu Private Equity has signed an agreement to acquire Misys General Insurance for ТЃ182m. MGI is a wholly-owned subsidiary of Misys Plc, a global business providing specialised software applications to the healthcare and banking industries. Final...
UK - Kirkland & Ellis makes two private equity appointments
Kirkland & Ellis International LLP has announced the appointment of two partners from Linklaters' private equity team.
UK - iPLATO receives first round funding from The Capital Fund
iPLATO Ltd, the leader in mobile healthcare applications, has attracted first round funding from The Capital Fund, a ТЃ50m venture capital fund that invests in fast-growth companies in Greater London and whose investors include the DTI and The European...
FINLAND - CapMan exits from Mehiläinen
CapMan funds Finnventure V and Finnmezzanine III will sell their shares in Mehiläinen Oyj to H-Careholding AB, the owner of Carema. The consideration offered values the equity of Mehiläinen at EUR 152m and prior to the exit the funds have approximately...
FRANCE - Amboise Investissement to float
Amboise Investissement has announced the filing, on 24 February 2006, of its reference prospectus with AMF, the French financial markets authority (Autorité des Marchés Financiers).
UK - Darlington wins Rainmaker award
Christopher Darlington of Hawkpoint Partners has won HgCapitalтs Rainmaker of the Year award. During 2005 Darlington completed four deals.
UK - KCL rebrands as August Capital
Kleinwort Capital Ltd announced today that it will change its name to August Equity, effective immediately. Accompanying the name change is the release of a new company logo, which will begin appearing on the website (www.augustequity.com) and all company...