Media
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 £2.2m 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 £315m 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 £4bn 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 ‘friendly fire’. Finance South...
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 Bank’s specialised lending and UK corporate activities including asset based lending, media...
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 committee’s inquiry, Peter Linthwaite, the BVCA’s beleaguered chief executive, has stepped...
UK - IMAC makes a further £3m investment in Digital Rights Group
Ingenious Media Active Capital Limited (IMAC) has made a further £3m investment in Digital Rights Group Limited (DRG). In December 2006, IMAC made an initial investment of £3m in the company.
UK - MMC invests £2m in online lead-generation business
MMC Ventures has made an equity investment of £2 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...
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 £5.34m 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...
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 Telefónica announced its plans to sell its 75% stake earlier this year.