Media
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 ‘separate 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 £14.25m trade sale to United Business Media Plc’s 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 £2.8m management buy-in of Heritage House Media. Foresight led the financing, investing £1.4m 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 £10m 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 £3m 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 firm’s 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...
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 company’s investment activites...
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 £190m...
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...