Sector
ITALY - Consilium acquires valve manufacturer
Shortly after completing its fundraising, SME-focused firm Consilium has acquired Douglas Chero Group, a manufacturer of forged valves for the petrochemical industry. The deal represents an exit for the founding family shareholders.
UK - Endless acquires Lancashire Chemical Works
Endless has acquired Lancashire Chemical Works Ltd (LCW), for an undisclosed sum, in a management buy-in deal led by Richard Sykes. The transaction represents an exit for the family shareholders. Incoming managing director Sykes had been looking at the...
FRANCE - 21 Centrale Partners to build healthcare group on the French riviera
21 Centrale Partners has acquired Marseille-headquartered health clinic Chantecler, as the first step of its project to consolidate top-end healthcare providers on the Cote d'Azur.
UK - Sovereign reaps 5.7x return from Complete sale
Sovereign Capital has wholly exited its stake in homecare services provider Complete Group in a £33m trade sale to Claimer Care Group Plc, generating returns of 5.7x the money invested and an IRR of 51%.
FRANCE - Galileo invests further EUR 4m in MeilleurMobile
Galileo Partners has invested an additional EUR 4m in its portfolio company MeilleurMobile.com, an online mobile phone retailer.
SPAIN - SGECR invests EUR 2.23m in industrial player
Sociedad Gestión de Capital Riesgo del País Vasco (SGECR), the private equity agency of the Basque Country, has invested EUR 2.23m in industrial group Metalúrgica Santa Engracia (Metagra).The investment was made via SGECR's fund Suztapen.
SWEDEN - Segulah sells Callenberg Group
Segulah has sold Callenberg Group, a Swedish marine engineering company, to Norwegian Wilhelmsen Maritime Services Group, which is a part of Wilh. Wilhelmsen, an international maritime industrial group. The financial terms have not been disclosed.
UK - NVM realises 2.9x from divestment of KCS
NVM Private Equity has sold its stake in payroll software business KCS Global Holdings Ltd realising returns of 2.9x and an IRR of over 50% per annum on its two year investment. KCS was acquired by Sage, the management software provider, for £20m.
UK - Catapult exits Transvisual Media
Catapult Venture Managers has wholly exited its stake in security system software and hardware company Transvisual Media Ltd (TVM) in a trade sale to Soncell Ltd, a manufacturing subsidiary of Bowmer and Kirkland Ltd, for an undisclosed sum.
CEE - Enterprise Investors sells Romanian supermarket chain to Carrefour
Enterprise Investors ’ Polish Enterprise Fund V has sold 100% of Romanian retail chain Artima to French retailer Carrefour. The transaction valued the company at EUR 55m, which represents an investment multiple of more than 3x. The transaction will...
FRANCE - Argos Soditic backs BIMBO of Marie-Laure PLV
As part of a buy-in management buyout, Argos Soditic has acquired 53% of Marie-Laure PLV, a producer of promotional and maketing materials for retailers.
UK - LSP and SR One lead £16m investment in Syntaxin
Life Science Partners (LSP) and SR One, GlaxoSmithKline's independent corporate healthcare fund, have led an investment of £16m in biopharmaceutical company Syntaxin Ltd in a series-B funding round.
UK - Key Capital Partners completes first deal
Key Capital Partners has completed its first investment from its maiden fund. KCP invested £4.3m to acquire a significant minority stake in Birmingham-based recruitment company Templine Recruitment Ltd. Yorkshire Bank provided senior debt and working...
UK - NewMedia SPARK rebrands as SPARK Ventures
NewMedia SPARK Plc, the AIM-quoted venture capital investor, has announced the re-branding of the business as SPARK Ventures Plc. The change reflects the expansion of SPARK’s investment management skills beyond the ‘new media’ sector, to include...
FRANCE - OFI Private Equity Capital creates Transatlantic industrial sealing business
After backing the secondary buyout of Houston-headquartered Flexitallic from US private equity firm Cravey Green and Whalen, OFI Pivate Equity Capital (OFI PEC), intends to merge the entity with its French protfolio company Siem Supramite.
ITALY - Alto Partners sells 30% of its management company
Mid-market firm Alto Partners has sold a minority stake of around 30% of its share capital to a group of new strategic shareholders, including industrial groups, family offices and entrepreneurs.
GERMANY - Cerberus sizing up Deutsche Woolworth
According to German press, US investor Cerberus Capital Management is looking to buy retailing group Deutsche Woolworth from Electra Private Equity. Electra bought the company in 1998. Deutsche Woolworth operates a total of 330 outlets in Germany and...
UK - LK Bennett next private equity target
Luxury fashion chain LK Bennett is the next retailer likely to be acquired by private equity. The 74-store strong business is wholly owned by its founder and is expected to have a price tag of approximately £150m. Rothschild has been retained to facilitate...
UK - Nova completes £75m acquisition of international laboratory group
Nova Capital Management has completed the £75m acquisition of international laboratory group Barloworld Scientific Laboratory Group (BSLG) from Barloworld Ltd, a South African-listed industrial company.
UK - ISIS generates 69.5% IRR from £15.7m Bolden sale
ISIS Equity Partners (ISIS) has wholly exited its stake in communications software provider Bolden James Holdings Ltd in a sale to QinetiQ Group Plc for a cash consideration of £15.7m, generating an IRR of 69.5% and a 3.11x return on its investment.
FRANCE - Astorg acquires 52% of SCT Télécom
Astorg Partners has backed the buyout of telecommunication services company SCT Télécom.