Media
ROMANIA - Global Finance and 3TS invest in Gecad Technologies
Global Finance , 3TS-Cisco Growth Fund III and several other undisclosed investors have invested EUR 2m in Gecad Technologies, the company behind the AXIGEN mail server software. Radu Georgescu, who is the founder of the company, retains 88.24% of shares...
UK - Deadline for Northern Rock bids approaches
Today marks the deadline for indicative proposals to be put forward by those wishing to buy all or part of Northern Rock, with several private equity firms expected to be among those making an offer for the stricken bank.
UK - ECI sells Bounty for £70m
ECI Partners has agreed to sell Bounty, the UKтs largest parenting club for ТЃ70m. The acquirer is Kaboose, the largest independent family-focused online media company in North America. Since funding the management buyout of Bounty in December 2004, ECI...
UK - 3i appoints Ipreo chairman as senior adviser
3i has announced the appointment of Rosalyn Wilton, chairman of Ipreo LLP, as a senior adviser to its media team.
POLAND - bmp Media Investors and Mangrove invest in Republika Kobiet
bmp Media Investors and Mangrove Capital Partners have each taken 17.5% of shares of Republika Kobiet.pl, which aims to build a web 2.0 lifestyle portal targeted at women. The deal represents Mangrove's first investment in Poland.
FRANCE/GERMANY – Deutsche Telekom to announce media broadcast unit sale
According to press reports, Deutsche Telekom will sell its German media broadcast business to TDF, which is backed by Texas Pacific and AXA Private Equity. The transaction is estimated to be worth between EUR 700m and EUR 900m. Australian Macquarie Infrastructure...
On the road to transparency
The Walker report made some valuable recommendations but concerns and questions remain.[QQ]
UK - Catapult exits Transvisual Media
Catapult Venture Managers has wholly exited its stake in security system software and hardware company Transvisual Media Ltd (TVM) in a trade sale to Soncell Ltd, a manufacturing subsidiary of Bowmer and Kirkland Ltd, for an undisclosed sum.
FRANCE - Argos Soditic backs BIMBO of Marie-Laure PLV
As part of a buy-in management buyout, Argos Soditic has acquired 53% of Marie-Laure PLV, a producer of promotional and maketing materials for retailers.
UK - NewMedia SPARK rebrands as SPARK Ventures
NewMedia SPARK Plc, the AIM-quoted venture capital investor, has announced the re-branding of the business as SPARK Ventures Plc. The change reflects the expansion of SPARKтs investment management skills beyond the тnew mediaт sector, to include life...
UK - CIT hires new lead origination director
CIT Capital finance (UK) Ltd has announced the appointment of Toby Deane as lead origination director for the group's leveraged finance team.
UK - AIM-listed Huveaux is private equity target
Huveaux, a specialist media company listed on AIM, has received a number of approaches from private equity groups. The London-based business focuses on e-learning and e-based information and communication services publishing 16 magazines and holding 500...
UK - Beringea invests £2m in Imagesgate
Beringea Ltd has invested ТЃ2m in Imagesgate, a company which provides royalty fee and stock managed photography images and other bespoke image services.
UK - GMT appoints industry advisor
GMT Communications Partners, a private equity group focused on the communications sector, has announced the appointment of Natalie Tydeman as an industry advisor.
UK - AAC acquires majority stake in publisher Ocean Media
AAC Capital Partners has agreed to acquire a majority stake in Ocean Media Limited, the magazine publisher and exhibition organiser, from its current management team and institutional backers led by the Dublin-based private equity firm, Ion Equity. Completion...
NORWAY - Verdane Capital invests in Fjord Media
Fjord Media, a developer and seller of routing, signal processing and optical transmission equipment to the broadcast, multimedia and telecom industries, has attracted growth capital from Verdane Capital. The funding will be used to expand its sales and...