Media
SWEDEN - SVCA launches private equity 'internships' for politicians
In a move to counteract the bad press targeted at the private equity market recently, the Swedish Venture Capital Association (SVCA) has offered politicians an opportunity to gain first-hand experience in the industry. “It was a fantastic opportunity...
GERMANY - Palomon sells D.A.V.I.D. GmbH
Palomon Capital Partners has sold its stake in German software solutions provider D.A.V.I.D. GmbH to Silex Media GmbH for an undisclosed amount.
UK - Quadrangle opens London office
Quadrangle Group has opened a London office to expand the firm's private equity activities in Europe. The firm is currently investing its second private equity fund, Quadrangle Capital Partners II, which has over $2bn in committed capital. Gordon Holmes,...
UK - Beringea backs data marketing company Optima in acquisition
Beringea, manager of the ProVen VCTs has been the lead investor in the acquisition of WDIS Ltd, a specialist business-to-business data management company, by Optima Data Intelligence Ltd. Optima is a data management and business generation company which...
NL - Endemol snapped up by Mediaset
Endemol, the Amsterdam-listed production company is understood to have been acquired by Italian media company Mediaset. The deal values Endemol at EUR 3bn. Spanish company Telefonica announced its intention to sell its 75% stake in the company earlier...
UK - Ingenious Corporate Finance appoints senior UBS bankers
Ingenious, the media investment and advisory group, announces that Adam Joy and David Curley are to join Ingenious Corporate Finance as managing directors.
UK - OC&C appoints Michael Rzesnitzek as new partner
OC&C Strategy Consultants has appointed Michael Rzesnitzek as a new partner. He will start at OC&C on 1 October 2007. Rzesnitzek, a publishing expert with international experience, will bring his expertise in the media to OC&C.
UK - PAI hungry for Big Brother-maker
Production company Endemol, the name behind Big Brother and Deal or No Deal is on the block with bids expected to fetch EUR 3bn. Spanish group TelefУГnica announced its plans to sell its 75% stake earlier this year.
FRANCE - I-Source and 3i sell ScreenTonic to Microsoft
I-Source Gestion and 3i have sold mobile media content business ScreenTonic to Microsoft.
GERMANY - Wellington Partners invests in Adconion
In a first round of funding, Wellington Partners has invested an undisclosed amount in Munich-based online advertising network company Adconion Media Group. The company was formerly known as Euroclick but recently rebranded as it is expanding beyond Europe....
UK - Creative Capital Fund backs performance company with EUR 2.53m
The Creative Capital Fund has led a EUR 2.53m fund-raising for The Creative Experience Company Ltd. The investment was led by Leisure and Media VCT Plc, which is managed by North Atlantic Value LLP, part of the J O Hambro Capital Management Group. The...
FRANCE - EdRIP backs BestofMedia with hybrid deal
Edmond de Rothschild Investment Partners (EdRIP) invested EUR 2m in equity in an a-typical acquisition financing deal, allowing online IT publisher BestofMedia to Tom’s Hardware Guide.
UK - Lion Capital appoints Mary Minnick as partner
Lion Capital has announced that Mary Minnick will be joining the firm as a partner in May. Minnick comes from The Coca-Cola Company where she has been for 23 years, having had world-wide responsibilities in general management, strategy, innovation, marketing,...
NL - Van den Ende & Deitmers invests in Advance
The Crossmedia Fund of Van den Ende & Deitmers has acquired a 30% stake in Advance.
BELGIUM - KBC invests in Multi Media Services Groep
KBC Arkiv, the joint subsidiary of KBC Private Equity and Arkimedes, has invested in Multi Media Services Groep (MMS Group), a distributor of home entertainment products such as DVDs, audio CDs and games. No further details have been disclosed. This is...
SWEDEN - Industrifonden invests SEK 9m in satellite receiver Lyngbox
Industrifonden has invested SEK 9m in LyngBox Media AB, a company that develops a new type of digital boxes intended for satellite reception of TV programmes. The Lyngbox is automatically updated by the internet with data on all the world’s different...
UK - August Equity makes four internal promotions
August Equity has made four promotions. Sam Watkinson, who joined August Equity in August 2005, has been promoted to director. Watkinson is responsible for managing the deal origination activities across the four sectors which the firm focuses on т healthcare,...
UK - C Squared Holdings receives £250,000 from The Capital Fund
Dynamic communications agency C Squared Holdings Ltd has received ТЃ250,000 from The Capital Fund. Alongside its investment, The Capital Fund has nominated Simon Marguis, who completed due diligence on its behalf, as non-executive director to the board...
NL - Bridgepoint to acquire Wolters Kluwer education division
Wolters Kluwer, the Dutch publishing group, is understood to have agreed the sale of its education division to Bridgepoint Capital in a deal worth more than EUR 750m.
ITALY – AIFI to release 2006 results on Monday
The Italian Private Equity and Venture Capital Association (AIFI) is to release its 2006 results during its annual conference in Milan.
UK - Consortium to bid for Trader Media Group
CVC, Apax and Blackstone are believed to have submitted a bid for a minority shareholding in Trader Media Group, the newspapers, magazine and online unit of Guardian Media Group, whose flagship titles include The Guardian and the Observer. The flagship...
UK - ProVen portfolio company to merge with Channel 4 learning
Beringea-managed ProVen VCT's portfolio company Espresso Group has agreed with Channel 4 to merge Channel 4 Learning into its portfolio of businesses. The transaction is subject to Espresso shareholder approval and is expected to complete before Easter....
NORWAY - Northzone Ventures and Selvaag invest NOK 7.5m each in T-VIPS
Northzone Ventures and Selvaag invest NOK 7.5m each in a second round of funding in technology company T-VIPS to accelerate its R&D programme, enhance sales and marketing initiatives and expand the company's international operations. T-VIPS' international...
UK - 3i strengthens media team through appointment of Wolfgang Kitza
3i has strengthened its media sector team with the appointment of Wolfgang Kitza as venture partner with 3iтs global venture capital team. In his new role, Kitza will bring experience and contacts to help 3i increase its investment opportunities in the...