Sector
ITALY – Ambienta reaches first closing on EUR 124m
Ambienta has reached the first closing of its first vehicle, Ambienta I on EUR 123.75m. Commitments were provided by Italian and financial institutions, industrial groups and Italian and international private investors. The second fundraising stage, which...
GERMANY – High-Tech Gründerfond leads seed round
High-Tech Gründerfond along with business angels and strategic investor Vita 34 AG has led a seed financing round for Urotec GmbH, a tissue engineering company.
UK - GLG in $100m funding round for SpinVox
GLG Partners, Blue Mountain Capital and Toscafund Asset Management have invested $100m alongside Goldman Sachs in SpinVox, a speech recognition technology group.
GERMANY - Square Four Investments acquires Erich Rohde KG
Square Four Investments has, together with investment bank Morgan Stanley, acquired insolvent Erich Rohde KG Schuhfabriken, a shoe manufacturer, for an undisclosed amount.
SPAIN – Caja Inmaculada acquires 25% stake in engineering firm
Caja Inmaculada (CAI) has acquired a 25% stake in engineering company ASE Soluciones through a capital expansion deal.
SPAIN - Basque country Sgcer backs industrial player
Basque government private equity firm Sgcer, and local savings banks BBK, Kutxa and Vital have acquired a 16.3% stake in industrial company Ramón Vizcaíno in a deal valued at EUR 4.5m. The remaining stake is retained by the company’s owners.
UK - Emap gets new chief executive
Apax and Guardian Media Group have appointed David Gilbertson as the new chief executive of recently acquired Emap.
GREECE – Marfin sells 20% of OTE in a EUR 2.5bn transaction
Marfin Investment Group has sold its 20% stake in Greek telephone company OTE to Deutsche Telekom in a deal valued at approximately EUR 2.5bn.
UK - SEB Venture invests $12m in ShoZu
SEB Venture Capital has led a $12m series C round of financing in mobile social media services provider ShoZu Inc. Previous investors Atlas Venture, Crescendo Ventures and TTP Ventures also participated.
UK - Inflexion backs buyout of Pims
Inflexion Private Equity has led the management buyout of waste water support services company Pims Group. It acquired the company from Gresham Private Equity who made a 3.4x return from the exit.
UK - Langholm sells Dorset Cereals
Langholm Capital has sold musli brand Dorset Cereals to Wellness Foods for £50m, generating a reported 4-fold return.
NORWAY - Nordic Capital recruits new Norwegian partner
Tom Vidar Rygh has joined Nordic Capital as a partner. He will be responsible for Nordic Capital’s focus in Norway where the GP is looking to source more deals going forward.
SPAIN – Tandem closes first fund on EUR 50m
Tandem Capital Gestión has reached the final closing of its first fund on EUR 50m.
FINLAND - Conor Ventures invests in Eniram
Conor Ventures has invested an undisclosed amount in Eniram, a Finnish developer of instruments for the maritime industry.
UK - Partnership Investment and YFM invest £1m in REM Probe
Partnership Investment Finance and YFM Venture Finance have invested £1m in software company REM Probe. YFM invested through its Yorkshire and Humber Equity Fund.
Ireland - Delta Partners and Enterprise Ireland exit Xiam
Delta Partners and Enterprise Ireland have sold their stakes in software company Xiam to Nasdaq listed Qualcomm. Qualcomm has acquired Xiam for $32m.
UK - New Enterprise Associates leads £2m round in advertising company
New Enterprise Associates has led a £2m funding round in mobile advertising company Rapid Mobile Media. Edinburgh-based Rapid Mobile Media was founded in February 2004 and has launched a white-label platform for mobile advertising.
NORWAY - Eqvitec backs KSD Software Norway
Eqvitec Technology Fund III has invested in KSD Software Norway AS, an Oslo-based software company.
GREECE - Vivartia strengthens its position in the Greek food market
MIG's food and beverage investment arm, Vivartia, is preparing a bid for the Everest group and Olympic catering, both Athens-listed food service companies. The deal will be done through newly created holding company Alkmini Catering. Vivartia owns 51%...
UK - Third Financial changes name
Third Financial, launched last year by Stewart Foster and Roger Foster to take controlling stakes in companies operating in the financial software and services sector, has changed its name to Third Financial Ventures.
GERMANY - Capiton sells Borsig
Capiton AG has sold its stake in Borsig Group to listed Malaysian firm KNM Group for EUR 350m.
ITALY – Batra brothers and Barclays acquire sports brand Fila
Indian brothers Rajiv and Rajesh Batra, alongside Barclays Ventures, have acquired sports clothing manufacturer Fila in a deal valued at approximately EUR 100m.