Media
UK - IMAC invests $3.2m in online sports network
Ingenious Media Active Capital Ltd (IMAC) has completed an investment of $3.2m in Sportbuzz Ltd, which manages sports online content network Sportingo.com.
FRANCE - Chausson Finance nominates new partner
Thibault Lougnon has been appointed as partner three years after joining venture-oriented corporate finance boutique Chausson Finance.
UK - Caledonia recruits two new investment executives
Caledonia Investments Plc has announced the appointment of Pooja Juneja and Phillippe de Chanville as investment executives.
UK - DLJ and Lydian Capital linked to Emap radio assets
DLJ Merchant Banking Partners and Lydian Capital, through its Global Radio portfolio company, are thought to have submitted first stage bids in the auction for Emap's radio assets. Emap is selling its portfolio of radio stations which includes Magic 105.4...
UK - Kolade tells conference it's time to separate fact from fairytale
Wol Kolade, chairman of the BVCA, today called on the private equity industry to fight back against the myths that surround it. Speaking at the Capital Creation conference in Monte Carlo, he said it was time to тseparate the facts and figures from the...
GERMANY – Cologne Media Ventures joins second round of funding for nugg.ad
nugg.ad has concluded an undisclosed second financing round from existing investors bmp, VC Fonds Berlin as well as new investor Cologne Media Ventures GmbH.
UK - Kennet Partners appoints new director
International growth equity investor Kennet Partners has promoted Evan Frank to the position of director.
FRANCE/ITALY - Truffle Capital takes GoAdv public
Truffle Capital has simultaneously led a capital increase and public listing of web-based media company GoAdv, in a deal which values the company at EUR 34m.
UK - NVM recoups 3x investment from Ithaca exit
NVM Private Equity has sold Ithaca Business Media in a ТЃ14.25m trade sale to United Business Media Plcтs UK-based business information division, CMP Information. The deal realised a return of 3x NVM's original investment, with an IRR of over 60% achieved...
UK - Foresight completes £2.8m MBI of Heritage House
Foresight Venture partners has completed the ТЃ2.8m management buy-in of Heritage House Media. Foresight led the financing, investing ТЃ1.4m through its funds Foresight VCT II and Foresight VCT III, and was joined by IBIS Media VCT and Calculus Capital,...
UK – IMAC in £10m digital marketing acquisition
Ingenious Media Active Capital will invest up to ТЃ10m to back the acquisition of integrated marketing communications agency of Rise Communications.
UK – Beringea invests in Steak Media
Beringea, through its ProVen VCTs, has provided expansion funding for Steak Media, a digital marketing specialist.
GERMANY - Macquarie-led consortium snatches real-estate web portal
Australian investment group Macquarie and media business Publishing & Broadcasting have acquired 66.22% of property internet portal Immobilien Scout GmbH, in a deal valuing the business at EUR 540m.
UK - Elderstreet and Frontiers provide weComm with £3m of funding
Existing investors Elderstreet Investments and Frontiers Capital have provided weComm, an interactive mobile data solutions business, with ТЃ3m of funding. The investment will be used to fund product development and geographic expansion around its innovative...
UK - Virgin Media auction delayed
The auction that would see Virgin Media taken private has reportedly been delayed. The communications group cited turbulence in the debt markets as the reason for the postponement. A deal may not now complete until early 2008.
SPAIN - Kimia receives EUR 2m in backing from Debaeque
Media content developer Kimia Solutions has received EUR 2m in a series-A financing round led by Debaeque Venture Capital.
UK - Jefferies appoints Bruce Huber and Warren Scott as European co-heads
The Jefferies investment bank has appointed Bruce Huber and Warren Scott to lead the firmтs financial sponsors effort in Europe as co-heads. Huber is head of European technology and cleantech investment banking at Jefferies International Ltd, the London-based...