Sector
2007 had its up and downs
The year had a promising start when Belgian drug developer Movetis raised EUR49m in a financing round led by Sofinnova Partners and Life Sciences Partners. Bridgepoint acquired educational publisher Wolters Kluwer Education in March for EUR774m, while...
SWITZERLAND – Argos Soditic realizes 14x return from sale of Maillefer
Argos Soditic has sold its portfolio company Maillefer in a secondary buyout to Alpha Group, realising a 14x return on the exit. The company was acquired in 2001 in a management buyout and spun off from Nokia subsidiary Nextrom. Maillefer is a producer...
UK - KKR completes £593m take-private of Northgate
Kohlberg Kravis Roberts (KKR) has agreed to purchase listed IT solutions provider Northgate Information Solutions in a deal which values the company at approximately £593m.
SWITZERLAND - Invision Private Equity and Vinci Capital acquire RSD
Invision Private Equity AG and Vinci Capital SA have acquired software company RSD SA. Founder and CEO, Louis-Pierre Roger, has retained a stake.
FRANCE – SG Capital supports buyout of Questel
SG Capital Europe has led the management buyout of intellectual property advisory business Questal for an undisclosed sum. Questal's services cover patents, trademarks and industrial design, databases, search and monitoring services, workflow solutions...
GERMANY - Doughty Hanson sells Moeller Group for EUR 1.55bn
Doughty Hanson has sold Moeller Group to Eaton Corporation for EUR 1.55bn. The sale is expected to close in the first quarter of 2008. Moeller is a global supplier of systems and components for energy distribution and automatisation for industrial, infrastructure,...
CEE - KBC acquires Hungarian toy wholesaler and retailer
KBC Private Equity has acquired Gulliver and Star-Toys from the Kovács and Kovalcsik families. Gulliver Group is a Hungary-based toy wholesaler and, under its Bambini-brand, toy retailer. The company distributes international toy brands to the Hungarian...
DENMARK - Santaris Pharma secures EUR 20.4m series-C round
Gilde Healthcare Partners has joined existing shareholders, the board of directors and management in a EUR 20.4m series-C round of funding for Santaris Pharma, a Danish pharmaceutical company. New investor Gilde contributed EUR 7.5m while the remaining...
DENMARK - Via Venture partners leads EUR 5m round for Zoomio
Via Venture Partners has led a EUR 5m funding round for Zoomio, a Danish multi-channel marketing software company. The financial injection will finance international expansion and strengthen the software development team.
UK - Foresight and Mouchel announce £50m cleantech collaboration
Foresight Group has announced the formation of a strategic partnership with consulting and business services group Mouchel, designed to develop cleantech infrastructure projects in the UK. The initial aim of the partnership is to invest up to £50m in...
UK - M&C Ventures repositions as Cornerstone Corporate Finance
Media and Communications Ventures Ltd (M&C Ventures) is rebranding and repositioning its business as Cornerstone Corporate Finance Ltd. Cornerstone is now an independent corporate finance boutique which focuses exclusively on advising management teams...
UK - YFM backs £6m buy-in of healthcare provider
YFM Private Equity has backed the £6m management buy-in of domiciliary care business Able Care. The deal was funded by investment from four funds managed by YFM Group – The Chandos Fund, North West Business Investment Scheme, The British Smaller Companies...
UK - Matrix invests £3m to support MBO of environmental technology company
Matrix Private Equity Partners has invested £3m to finance the management buyout of Monsal Ltd, a specialist environmental technology company providing solutions for the water and waste sectors. Matrix Private Equity is taking a significant minority...
UK - August Equity and Huveaux no longer in talks
August Equity and Huveaux, a specialist media company listed on AIM, have abandoned talks. August Equity was understood to have entered detailed discussions about a possible take-private of the company. The London-based business focuses on e-learning...
UK - IMAC invests £7.5m in QobliQ
Ingenious Media Active Capital Ltd (IMAC) has invested up to £7.5m in start-up company QobliQ Ltd. Qobliq was formed with the aim of creating an international innovative marketing services group, combining sponsorship, digital and experiential marketing.
SPAIN/PORTUGAL – GED backs business support services provider
Buyout house GED has acquired a 22.97% stake in Portuguese SERLIMA in a deal valued at approximately EUR 3m.
DENMARK - Sofinnova and Gilde invest EUR 17.6m in Ascendis
Ascendis Pharma, a Copenhagen based pharmaceutical company, has attracted a EUR 17.6m series-A financing round. The investment round was co-led by Sofinnova Partners and Gilde Healthcare Partners. Zweite TechnoStart Ventures Fonds GmbH & Co KG also participated...
GERMANY/LUXEMBURG – Odewald & Compagnie acquires SaarGummi from Orlando
Oldewald & Compagnie has acquired SaarGummi Technologies S.a.r.l in a secondary buyout from Orlando Management GmbH for an undisclosed sum. SaarGummi manufactures sealing systems and mouldings for automotive and industrial applications. The company employs...
UK - Duke Street buys value retailer from BPE for £68.5m
Duke Street Capital (DSC) has backed the £68.5m secondary management buyout of The Original Factory Shop from Barclays Private Equity (BPE). The Original Factory Shop is a value retailer, headquartered in Burnley, Lancashire. It has 84 outlets across...