Sector
ITALY – MPS Ventures in double IT investment
MPS Ventures and Sapient spa have acquired software companies Datel and Cedass in a deal valued at EUR 20m.
UK - Endless invests in St Neots from new fund
Endless has taken a significant minority stake in specialist print and packaging company St Neots Packaging for an undisclosed amount.
EUROPE – DN Capital reaches EUR 50m first close
Unquote” has learned from a limited partner that European early stage and growth equity investor DN Capital has reached a first close of its second fund, Global Venture Capital II (GVC II). The fund raised just under half of its EUR 100m target and...
UK - Inflexion sells stake in Tekton for £21m
Inflexion Private Equity has sold it stake in software provider Tekton Group for £21m to Sage.
UK - Braveheart invests in AppShare
Braveheart Investment has taken part in a £180,000 funding round in software developer AppShare Ltd alongside University of Strathclyde.
UK - Accel hires new partner
Accel Partners has hired Sonali De Rycker as partner. She will join Accel's team in London.
UK - Maverick invests $50m in Realtime Worlds
Maverick Capital has invested $50m in a third round of funding in game developer Realtime Worlds.
Anchors away
Headlines are rife with updates on the credit crunch and every week a new bank is said to be in need of some sort of a bailout in the US or UK, yet somehow some positive news has been sailing through on the fundraising front. Recent closings of funds...
2008 DVCA Toplederconference
On 5 March, the Danish Venture Capital Association held its annual venture capital and private equity conference in Copenhagen. The day-long event included a number of high-profile speakers and a bit of controversy ... Linn Ronning reports
The sleeping giant stirs
For years, Germany has been viewed as the sleeping giant - at least in terms of potential for private equity investments. Many GPs see vast potential, but the country has so far not quite lived up to these expectations. Then came the credit crunch, and...
FINLAND – Eqvitec buys majority stake in Scaninter
Eqvitec Technology Fund III, together with Finnish Industry Investment Ltd, have acquired a majority stake in Oy Scaninter Nokia Ltd, a vertical access equipment manufacturer, for an undisclosed value.
UK - NBGIPE sells heating company to engineering conglomerate
NBGI Private Equity has sold Hamworthy Heating, a designer and manufacturer of commercial heating equipment, to French engineering conglomerate Atlantic Sfdt.
FRANCE – Wendel raises interest in Saint-Gobain to 20%
Wendel’s interest in listed company Saint-Gobain has been raised to 20.6% giving them 19.6% of the voting rights.
UK - Foresight makes three investments
Foresight Group has made three new investments in the environment sector, totalling £14m.
UK - South East Growth Fund injects £250,000 ino Lexara
The South East Growth Fund (SEGF) has invested £250,000 into educational media provider Lexara Ltd.
GERMANY - Consortium raises EUR 25m for Pieris
Healthcare-dedicated fund OrbiMed Advisors LLC has led a EUR 25m Series B round for Pieris AG, a bio-pharmaceutical company. All existing investors participated in this financing round including Novo Nordisk and Gilde Healthcare Partners.
SPAIN – Arques Industrie exits from chemical manufacturer
Arques Industries AG has sold its stake in chemical manufacturer Oxiris Chemicals to Ludwingshafener Raschig Gruppe in a deal valued at approximately EUR 10.5m.