Media
UK - Apax bids for Emap's B2B division
Apax is understood to have approached Emap regarding the acquisition of the magazine and radio group's B2B publications. The news comes following Emap's decision to conduct a strategic review of its business, thought to have been prompted by the approach....
SPAIN - Media content developer secures EUR 2m from Debaeque
Debaeque Venture Capital has led a series A round of funding totalling EUR 2m in Kimia, a company developing technology to channel rich media content from the Internet to mobile phones.
UK - Beringea expands UK investment team
Beringea director Trevor Hope has been appointed to the new role of chief investment officer and new investment director Karen McCormick has joined the Beringea team. Hope, who joined Beringea in 2003, will oversee the companyтs investment activites from...
UK - Maximilian Bleyleben is promoted to partner at Kennet Partners
Kennet Partners, the technology growth investor, has promoted Maximilian Bleyleben to partner. In his new role, Bleyleben will continue to originate and manage growth equity investments and buyouts in the software, IT services and digital media markets...
UK - Apax in the running for Loot?
Daily Mail and General Trust is reported to be selling classified advertising magazine Loot. Apax the co-owner of the Autotrader classified magazine brand with Gaurdian Media Group is understood to be interested in the title. Loot was valued at ТЃ190m...
AUSTRIA - GCP appoints Christian Lutz as new venture partner
Christian Lutz has joined gamma capital partners as a venture partner. Lutz has more than 15 years of experience in the internet, media and telecommunication sectors. Prior to joining GCP, he was the general manager Europe for software company Qpass,...
UK - Providence re-enters the fray for Virgin Media
Providence Equity has expressed its interest in Virgin Media ten months on from its last play for the business. Providence was reported to be interested in bidding for the US-listed company in 2006 when it was known as NTL before its merger with Virgin...
UK - Virgin Media seeks strategic buyer
It is understood that Virgin Media has appointed UBS to help it search for a strategic buyer. The UK communications giant has recently attracted private equity interest. Carlyle is reported to be undertaking due diligence ahead of a bid which could value...
UK - Octopus acquires stake in T4 Media
Octopus Private Equity has invested in T4 Media Ltd. Octopus has come in as a partner to finance growth and to assist with the strategic development of the business. It is anticipated that further bolt on acquisitions will be made in due course.
UK - Beringea leads £2.2m funding for Harmony Media Group
Beringea has lead a ТЃ2.2m investment round in Harmony Media Group. Harmony Media Group is the newly formed parent company of Filmnight Digital and Saffron Digital. Beringea provided the funding through its ProVen VCTs.
UK - Apax-backed Incisive acquires ALM for £315m
Apax Partners-owned Incisive Media has acquired ALM, a publisher of 33 national and regional magazines and newspapers focused on the legal and real estate communities, for ТЃ315m from US Equity Partners. US-based ALM's titles include The American Lawyer,...
UK - Carlyle targets Virgin Media
Carlyle Group is reported to be leading a bid to take-private NASDAQ-listed Virgin Media. It is understood that Carlyle is working in association with Providence Equity, KKR and Cinven and could offer up to ТЃ4bn for the company. Any deal would have to...
FINLAND - CapMan exits from Medianorth
Funds managed by CapMan have sold their holding in media house Medianorth Group Oy to Avaus Consulting Oy.
UK - Finance South West backs DT Media
YFM-managed Finance South West has invested a substantial sum in software company DT Media. DT Media has just won a major contract to supply the German Air Force with military training software to reduce the risk of тfriendly fireт. Finance South West...
UK - Bank of Ireland appoints Adrian Sainsbury as head of Global Specialised Finance
Bank of Ireland has appointed Adrian Sainsbury as Head of Global Specialised Finance. Sainsbury will be based in London and will have responsibility for the Bankтs specialised lending and UK corporate activities including asset based lending, media finance,...
UK - BVCA's CEO steps down
Following the poor performance of the British Private Equity and Venture Capital Association (BVCA), executives on Tuesday at the cross-party Treasury select committeeтs inquiry, Peter Linthwaite, the BVCAтs beleaguered chief executive, has stepped down...
UK - IMAC makes a further £3m investment in Digital Rights Group
Ingenious Media Active Capital Limited (IMAC) has made a further ТЃ3m investment in Digital Rights Group Limited (DRG). In December 2006, IMAC made an initial investment of ТЃ3m in the company.
UK - MMC invests £2m in online lead-generation business
MMC Ventures has made an equity investment of ТЃ2 million in Clash-Media, an online lead generation business based in London.
GERMANY - Blue Lion receives multi-million financing
German mobile internet start-up Blue Lion mobile has closed a multi-million Euro financing round from Bertelsmann Digital Media Investments.
IRELAND - Doughty Hanson leads $14m investment in AdaptiveMobile
Doughty Hanson has led a $14m second round of funding for AdaptiveMobile. Additional investment came from Noor Financial Investment Company and existing investor, Intel Capital.
SPAIN/UK - Palamon adds Morgan Stanley banker to its Spanish team
Pan-European private equity firm Palamon Capital Partners has hired former Morgan Stanley executive director Jaime Enrique Hugas to strenghten its activities in Spain.
UK - Palamon expands investment team
Palamon Capital Partners has expanded its investment team with the appointment of JaimeEnrique Hugas as principal. Hugas, a Spanish national, joins Palamon from Morgan Stanley where he was executive director of the European Media and Communications Corporate...
GERMANY - GMT buys construction information provider
GMT Communications Partners has acquired the construction information division from Springer Science + Business Media for an undisclosed amount. The financial investor currently owns Docu Group, another B2B information provider in the construction sector...
UK - Ingenious Media Active Capital invests £5.34m in Two Way TV
Ingenious Media Active Capital Ltd (IMAC) has completed an investment of up to ТЃ5.34m to acquire Two Way Media Ltd (Two Way TV), a London-based interactive television production company. The transaction sees IMAC taking an 84.3% stake in the newco. This...
