Media
Equistone backs Performance Interactive Alliance
Deal merges four digital marketing businesses
Smedvig leads £5m investment in Quill
Existing investor & Toptable founder Karen Hanton also joins the round
Citizen Capital et al. exit Trace in €40m trade sale
Citizen Capital, Entrepreneur Venture and NextStage have sold their stakes in Trace TV, a French media brand and pay-TV channel operator, to Swedish broadcaster Modern Times Group (MTG).
Edge sells Working Partners, Beast Quest to portfolio company
Edge Investments has sold its stakes in Working Partners and Beast Quest to its portfolio company Coolabi in an all-share transaction.
Capidea buys Xstream
Danish private equity firm Capidea has acquired a majority stake in streaming software company Xstream.
LDC backs Imagine Nation
LDC has backed Netherlands-based media content company Imagine Nation.
Apax takes full control of Trader Media
Apax Partners has acquired a further 50.1% stake in Guardian Media Group’s (GMG) Trader Media Group (TMG), securing full control of the company.
CapMan acquires The North Alliance
CapMan has agreed to invest in The North Alliance (NOA), a network of seven communication, design and technology companies in the Nordic region.
Northcap commits €2.5m to adQuota
Danish venture capital firm Northcap has invested €2.5m in Danish mobile advertisement platform adQuota International.
KKR and Permira fully exit ProSiebenSat.1
KKR and Permira have fully exited German media company ProSiebenSat.1, selling their remaining 17% stake, valued in the region of €1-1.3bn.
Pembroke et al. buy Boat International Media from August Equity
An investment consortium led by Pembroke Venture Capital Trust has acquired publishing and events group Boat International Media from August Equity.
Fondo Italiano enters entertainment market
Fondo Italiano di Investimento has made its first transaction in the entertainment and events management market with a €10m investment.
BGF invests £4m in Palmer Hargreaves
The Business Growth Fund has invested £4m in Midlands-based marketing and communication agency Palmer Hargreaves.
Karmijn backs Tuvalu MBO
Karmijn Kapitaal has acquired a minority stake in Tuvalu Media, a Dutch television and film production company, as part of a management buyout that saw Sony Pictures Television exit the business.
General Atlantic buys MeteoGroup from PA Group for €190m
General Atlantic has acquired weather business MeteoGroup from PA Group, the parent company of the Press Association (PA), for €190m.
BGF invests £5m in Exchange Lab
The Business Growth Fund has invested £5m in global digital media business The Exchange Lab.
BC Partners buys Mergermarket
BC Partners has emerged as the successful bidder for Pearson Group’s news service Mergermarket.
Hellman & Friedman to take over Scout24
US private equity house Hellman & Friedman is set to buy internet portal group Scout24 from German telecommunications provider Deutsche Telekom, according to reports.
Conor Venture Partners et al. back Scoopshot
Conor Venture Partners has taken part in a $3.9m series-A funding round for Scoopshot, a global on-demand photography service.
German Startups Group and Ventech back TVSmiles
German Startups Group (GSG) has teamed up with Ventech and a consortium of business angels to invest in a series-A financing round for TVSmiles, an interactive advertisement application.
KKR and Permira to sell 16% stake in ProSiebenSat.1
Private equity houses KKR and Permira have announced the sale of a further 35 million shares in German media company ProSiebenSat.1.
Numericable raises €652m in IPO
Cinven- and Carlyle-backed Numericable has made its debut on the NYSE Euronext Paris with a €3bn market cap.
PE-backed Primacom to take over rival for €600m
Cable network Primacom, backed by private equity firms Alcentra and Avenue Capital, has placed an estimated €600m bid for rival cable network Tele Columbus.
Innova creates GWP for PLN 375m
Innova Capital has bought Polish internet portal Wirtualna Polska (WP) and merged it with Grupa o2 in a transaction totalling PLN 375m.