Healthcare
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 £50m 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 HgCapital’s 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...
FINLAND/UK - VC-backed Ark Therapeutics announces preliminary results
Ark Therapeutics Group Plc has today announced its preliminary results for the year ended 31 December 2005. In 2005, it was awarded a EUR 2.2m grant by Finnish government to extend gene medicine manufacturing facilities. The company's highlights also...
UK - Rutland Trust reports 2005 results
The Rutland Trust has recently announced its results for 2005. The consolidated net asset value per share at 31 December 2005 was 62.2p (1 January 2005: 50.8p), based on net assets of £121.8m (1 January 2005: £99.6m). The consolidated results showed...
UK - Liverpool healthcare firm raises £750k funding
A Liverpool pharmaceutical company is expanding with a finance package totalling over £750,000 which includes support from Merseyside Special Investment Fund (MSIF).
UK - KCL firm makes new add-on acquisition
Kleinwort Capital Ltd has announced today that portfolio company Healthcare Homes Group Ltd (HHG) has acquired PriMed Group, a privately-owned care and nursing home group based in Suffolk. The acquisition is the fourth successful acquisition made by HHG...
UK - 3i invests in Israeli technology fund
3i has invested $20m in Giza Venture Capital’s fourth fund. This investment extends 3i’s global venture capital activities to Israel, where it will invest primarily alongside Giza, in Israeli companies with highly disruptive technologies.
UK - Kleinwort announces two new investors
Kleinwort Capital Limited has announced that it has two new investors on board – Swiss-based Partners Group and F&C Private Equity Trust Plc.
UK - Cobbetts attracts Pinsent Masons’ PE team
Cobbetts corporate team has recently attracted more private equity lawyers from Pinsent Masons. Partner Paul Johnson, Nicola Frost, Vicky Zivkovich and Paul Kelly have made the move, following Cobbetts’ recent appointment of partner Sean Fitzgerald,...
FRANCE - Wendel consortium prepares Legrand’s EUR 1.8bn IPO
Wendel Investissement is planning Legrand’s IPO, which has been valued at around EUR 1.8bn. Owing to the current good performances of the French financial markets, coupled with the fact that Legrand’s revenues are forecast to exceed EUR 3bn this year,...
UK - Barclays Private Equity exits Recruitment Solutions Group
Barclays Private Equity has sold its investment in Recruitment Solutions Group for £18.5m to Hays Plc, the global leader in specialist recruitment and HR services.
UK - Granville buys care services firm
Granville Baird Capital Partners, the international mid-market private equity firm, has today supported the management buyout of Choices Holdings Ltd, a provider of supported living and residential care services to people with learning disabilities. Granville...
GERMANY - Gilde portfolio firm signs licensing deal with pharma investor
Munich-based IDEA AG has announced that Celtic Pharmaceutical Holdings LP, an international private equity firm focused on the biotechnology and pharmaceutical industries, has acquiredthrough its subsidiary TDT an exclusive global licence to IDEA’s...
UK - Noble launches top-up for Sitka Health Fund
Noble Fund Managers has announced that it has launched an offer for subscription for up to 780,025 shares to raise upwards of £700,000 of equity for the Sitka Health Fund VCT for the tax year 2005/6.
Pi Capital tips healthcare, media and leisure for 2006
Pi Capital, the independent private equity house, expects a significant upturn in UK private equity activity in 2006, with healthcare, media and leisure tipped as the hottest sectors. This is the view of Pi’s around 250 members, representing the UK’s...
Digital Healthcare appoints non-executive director
Digital Healthcare (DH), a leading supplier of software for diabetic retinal screening programmes and ophthalmology, has appointed Mike O’Leary as a non executive director with immediate effect.
Abingworth hires Sandham as venture partner
Abingworth Management, the life sciences investment group, has appointed Andy Sandham as a venture partner. In this role he will identify and create new businesses and provide strategic and operational support for existing companies within the Abingworth...
Close acquires pharmaceutical firm for £22m
Close Brothers Private Equity has backed the £22m management buyout of IDIS, a market leading importer and distributor of unlicensed pharmaceuticals, on a named patient basis, into the UK and continental European markets.
Dunedin to acquire Sand Aire Private Equity
Dunedin Capital Partners, the UK mid-market private equity house, is in advanced and exclusive discussions to acquire Sand Aire Private Equity for an undisclosed amount from Sand Aire Investment Management Ltd, the family wealth management company.