Media
UK - Prime Technology backs spinout from Philips
Prime Technology Ventures has backed the spinout from Philips Technology Incubator of amBX UK Ltd, a developer of technology designed to improve the entertainment experience of a range of media, for an undidsclosed sum.
GERMANY/AUSTRIA – SocGen appoints new chief country officers
Société Générale Corporate & Investment Banking has appointed Francis Repka and Benoît Riehl as new chief country officers for Germany and Austria respectively.
FRANCE - CIC acquires ORC
CIC LBO Partners has supported the management buyout of public relations and human resources advisory firm ORC Image et Stratégies d’Employeur, alongside CM-CIC Capital Privé.
GERMANY – IK-backed Schenck Process acquires Screenex
Measuring and process equipment maufacturer Schenck Process, which is backed by IK Investment Partners, has completed the acquisition of Australian company Screenex, a manufacturer of poly and rubber screening media/panels.
SPAIN - Buyout houses considering investment in Prisa
Reports suggest that buyout houses KKR, TPG Capital and Apax Partners are among several private equity groups considering an investment in media conglomerate Prisa.
DENMARK - VIA supports mobilePeople with DKK 40m investment
Via Venture Partners has invested DKK 40m into mobile search company mobilePeople.
UK - NVM invests £7m to back buy-and-build of CloserStill
NVM Private Equity has invested £7m into CloserStill Holdings Ltd, a newly created platform company in the events and exhibitions industry.
SWEDEN - Axcel takes 90% stake in John Bauer Organization
Axcel has acquired a 90% stake in Swedish education company John Bauer Organization AB (JBO) from founder Rune Tedfors. Tedfors will retain a minority stake.
Nuclear winter
It is hard to write anything about the market without being potentially disproven by new developments tomorrow - or even in just a few hours
Tough time
Over the last month, the media have been aghast at the pace of bank collapses. Foul winds have blown in from the US and reached Europe, hitting the largest countries spectacularly. This time the crisis collided with Benelux head-on as failed insurer and...
FRANCE - Cognetas appoints associate
Cognetas have recruited Antoine de Péguilhan as a new associate in its Paris office.
GERMANY – Munich Venture Partners leads Communology investment
Munich Venture Partners has led a second round of funding for software company Communology, alongside existing investors S-VC and Kreditanstalt für Wiederaufbau and the company's founders.
UK/GERMANY – Wellington Partners hires Daniel Waterhouse
Wellington Partners has strengthened its presence in London with the appointment of the former Yahoo! manager and 3i sector partner Daniel Waterhouse.
UK - Pentech closes second fund on £45m
Scottish venture capital firm Pentech has reached the final closing of its second fund, Pentech Fund II, on £45m, subtantially exceding the £25m target.
SPAIN - MCH sells Qualytel to Bertelsmann
According to reports, MCH Private Equity has sold call centre business Qualytel Teleservices to German media group Bertelsmann's Arvato unit for an undisclosed sum.
UK - Goldman Sachs appoints Allen as adviser
Goldman Sachs Capital Partners has appointed Charles Allen, former chief executive of ITV, as a senior adviser.
UK - Sofinnova backs mydeco in £7.35m investment
Sofinnova Partners has led a £7.35m second round of funding for mydeco, an online intermediary for the home design market, alongside SRPE, Amadeus Captial Partners and Burda Cross Media.
GERMANY – bmp AG sells stake in Gamigo
bmp Media Investors has sold its 47.37% stake in Hamburg-based games publisher Gamigo to co-investor AS Venture GmbH, a subsidiary of the Axel Springer publishing house.
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 £4.5m.