Media
UK - Daniel Waterhouse leaves 3i
Reports suggest that 3i sector partner Daniel Waterhouse is leaving the firm.
GERMANY/CEE – bmp AG supports three seed companies with EUR 600,000
Bmp Media Investors has invested EUR 600,000 into Germany-based Microshooting, and Polish businesses Sklepy firmowe and Pomocni, with the investment being paid on a milestone bases. The three companies will commence business at the end of August or the...
UK - Acuity invests £4.5m into Connect 2 Media
Return investor Acuity Capital has supported games platform Connect 2 Media with ТЃ4.5m.
ITALY - BSPE-backed Mediacontech acquires 51% of Deltatre Group
BS Private Equity portfolio company Mediacontech has signed an agreement for the acquisition of 51% of Delta Tre Informatica and Deltatre Suisse (“Delta Tre Group”).
UK - ISIS leads buyout of TVC
ISIS Equity Partners has led the buyout of broadcast and digital PR agency The Television Consultancy (TVC) in a ТЃ10m deal.
UK - Kennet closes third fund on EUR 200m
Kennet Partners has held a final closing of its third fund, Kennet III, on in excess of EUR 200m (USD 315m).
GERMANY - High-Tech Gründerfonds and DuMont Venture invest in livedome
High-Tech Gründerfonds and DuMont Venture, have, together with a private investor, invested in online streaming company livedome GmbH.
Controlling leaks
new research suggests that leaks to the press can cost time and money and affect the certainty of deals. By Ashley Wassall
FRANCE - Partners buyout Partech International
Partech has announced the management buyout of its European subsidiary Partech International Partners. The deal was led by managing partners Philippe Collombel and Jean-Marc Patouillaud, and was supported by the firms investors, including CIC, 123Venture,...
Tough at the top
The prevailing opinion in the private equity market today is that it's not a good time to be a large buyout fund manager. With a 'sweet spot' a long way up the value chain, finding suitable targets is a tough job and convincing banks to back a transaction...
Politicking
Following the conflict between UK trade unions and private equity firms last year, and the subsequent negative media attention, came the recognition by the private equity community that it needed to engage with a wider stakeholder base. This should begin...
FRANCE - Index Ventures invests EUR 22.5m into BestofMedia
Index Ventures has invested EUR 22.5m into online media publishing company BestofMedia.
GERMANY – Consortium joins third nugg funding round
New investors European Funders Funds and VC Fonds Technologie Berlin joined for a third round of funding for nugg.ad AG, a provider of predictive behavioral targeting solutions to advertising agencies, alongside incumbent investors bmp Media Investors...
UK - Advent appoints partner
Advent Venture Partners has appointed Mike Chalfen as general partner in its technology team.
SPAIN - Bertelsmann in series-C financing for BuyVip.com
Bertelsmann Digital Media Investments (BDMI), the venture investment vehicle of the Bertelsmann Media group, has completed a EUR 10m series-C round of financing for internet multi-brand retailer BuyVip.
RUSSIA - Almaz reaches first closing on USD 60m
Almaz Capital Partners has reached the first closing of its maiden fund, Almaz Capital Russia Fund I, on USD 60m.
GERMANY - Wellington Partners invests EUR 11m into GameDuell
Wellington Partners has invested EUR 11m into games website GameDuell.
Doing deals
A number of high-profile litigation cases in the US have brought the spotlight firmly onto private equity deal structures, but how are transactions on this side of the Atlantic fairing? Ashley Wassall investigates