Media
PORTUGAL - Inter-Risco reaps 7.7x multiple on TvTel exit
Inter-Risco has reaped a 7.7x multiple and 30% IRR on its sale of broadcasting company TvTel to Portugal Telecom Media in a deal valued at approximately EUR 120m.
UK - London Seed Capital backs Magpie with £500,000
London Seed Capital has provided Magpie Ltd, the company behind social media analytics tool Brandwatch, with funding totalling ТЃ500,000. Led by London Seed Capital, the round includes a select group of business angels.
UK - Creative Ventures and Finance South West back online video platform
Creative Ventures Group, YFM-managed Finance South West Growth Fund and private investors have led a series-B round of funding for Coull, a provider of interactive online video publishing platforms. With this investment, Coull has launches two products...
Bowmark Capital Survey
UK lower mid-market defies the gloom
UK/FRANCE - AlixPartners appoints Helena Samaha as general counsel
AlixPartners, the global restructuring, consulting, and financial advisory firm, has announced the appointment of Helena Samaha as general counsel-Europe. She will be based in the firmтs Paris office.
UK - Balderton-backed LOVEFiLM acquires Amazon Europe DVD rental business
LOVEFiLM International Ltd, a DVD rental business backed by Index Ventures, Balderton Capital and DFJ Esprit, is to acquire Amazon Europe's DVD rental business in the UK and Germany. As part of this transaction, Amazon Europe will also make a cash investment...
UK - August strengthens investment team
August Equity has appointed David Lonsdale to its investment team. Lonsdale joins August Equity from British Sky Broadcasting Plc, where he worked in the corporate finance division. During his time at BSkyB, he was responsible for UK transactions across...
CEE - ING appoints new director to CEE team
ING Leveraged Finance and Sponsor Coverage Business has hired David Ryba as a director of its CEE team. This addition takes ING's CEE team to five professionals.
UK - IMAC appoints new director
Ingenious Media Active Capital Limited (IMAC) has appointed George Bryan Dix to its board of directors with effect from 24 January 2008.
SWEDEN - Industrifonden and Via Venture supports Tonium with SEK 35m
Industrifonden, Via Venture Partners and Arvid Svensson & Ekstranda Media AB have invested SEK 35m in Tonium AB, a developer of portable DJ-systems.
EUROPE - Index closes first ventures growth fund on EUR 400m
Index Ventures has closed its latest fund Index Ventures Growth I LP on EUR 400m. The fund was formed to address the market opportunity created by the maturation of Europeтs start-up industry and the movement of traditional late-stage investors into larger...
GERMANY/UK - Wellington closes EUR 265m fund and opens London office
Venture capital firm Wellington Partners has made two announcements that show a shift towards pan-European venture. The VC has closed a EUR 265m fund, Wellington Partners IV Technology, surpassing its target of EUR 250m in just over six months. The fund...
UK - Octopus backs £15m buyout of broadcast media agency
Octopus Investments has supported the ТЃ15m buyout of Bruce Dunlop & Associates (BDA). Octopus has invested ТЃ5m from its equity and mezzanine funds to take a minority stake in broadcast media agency BDA. The deal was introduced to Octopus by Baker Tilly....
ITALY - Palamon sells media player Today Spa
Palamon Capital Partners has exited printed media company Today Spa.
UK - Apax buys 19.4% stake in Emap in attempt to secure B2B deal
Apax Partners, together with co-investor Guardian Media Group, has acquired a 19.4% stake in London-listed publisher Emap. The stake-building by the Apax-led consortium follows the recommendation of its ТЃ1.26bn offer to acquire Emap's B2B division. Apax...