Media
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 –...
UK - C Squared Holdings receives £250,000 from The Capital Fund
Dynamic communications agency C Squared Holdings Ltd has received £250,000 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.
SWEDEN - Amadeus Capital Partners invest in F-round
Amadeus Capital Partners has joined Shamil Chandaria, Pod Venture Partners and HarbourVest Partners in a $12 million F round financing in Stockholm-based Transmode Holding AB. All investors in this round are previous investors in the company.
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 3i’s global venture capital team. In his new role, Kitza will bring experience and contacts to help 3i increase its investment opportunities in...
GERMANY - EUR 3.5m funding for Exit Games
Media group Bertelsmann, and private equity firms Neuhaus Partners and smac partners have made an investment in Hamburg-based Exit Games.
GERMANY - Springer Science to float
It is rumoured that Cinven and Candover are looking to float Springer Science & Business Media with a valuation of more than EUR 2bn. Investment banks Goldman Sachs, ABN AMRO and UBS are said to have been appointed to prepare the company for a stock market...
UK - GMG'sTrader Media Group to be sold to private equity?
Guardian Media Group is reported to be in discussions with Apax, Blackstone and Candover about a possible sale of its Trader Media Group. Trader is responsible for listings magazine Auto Trader and approximately 70 titles in the UK, Ireland, the Netherlands...
UK - Sir David Arculus joins August Equity portfolio company
August Equity's super yacht magazine publisher Boat International Media Ltd has appointed Sir David Arculus as its chairman. Arculus is currently a non-executive director at O2 Plc, Telefonica Plc and Pearson Plc. He was chairman of O2 from 2004 until...
COMMENT: Despite criticism, buoyant mood prevails
Bigger funds, new supplies of capital from hitherto marginal players and growth of the market globally, especially in Central and Eastern Europe. If the results of a survey co-sponsored by Simmons & Simmons and Société Générale Corporate & Investment...
UK - IMAC invests up to £4.15m in Community Television Networks
Ingenious Media Active Capital Ltd has completed an investment of up to £4.15m in Community Television Networks Ltd (CTN).
UK - Apax-backed Incisive Media acquires VNU UK operations
Apax portfolio company Incisive Media has acquired the UK operations of VNU in a back-to-back transaction from 3i following its acquisition of VNU's European publishing interests. 3i completed the buyout of Netherlands-based VNU Business Media Europe...