Sector
CEE - Enterprise Investors partially exits Magellan in an IPO on the Warsaw Stock Exchange
Enterprise Investors ' Polish Enterprise Fund IV has partially exited its stake in Magellan in an IPO on the Warsaw Stock Exchange.
NL - HgCapital acquires Fabory for EUR 345m
HgCapital has acquired Fabory (formerly Borstlap Group), a distributor of industrial fastners, from AAC Capital Partners (formerly ABN AMRO Capital) in a deal which values the company at EUR 345m. Bank of Scotland provided a financing package to support...
UK - Kolade tells conference it's time to separate fact from fairytale
Wol Kolade, chairman of the BVCA, today called on the private equity industry to fight back against the myths that surround it. Speaking at the Capital Creation conference in Monte Carlo, he said it was time to ‘separate the facts and figures from the...
UK - Pension Corporation makes play for telent Plc
Pension Corporation has made a 600p per share offer for telent, the only part of former industrial giant Marconi that remains independent. The deal represents a market capitalisation of £389m and has been recommended by telent's board. The trustees of...
NL - Gilde company Ablynx awarded EUR 1.9m grant
Gilde Healthcare Partners portfolio company Ablynx has been awarded a grant worth EUR 1.855m by the Institute for the Promotion of Innovation by Science and Technology in Flanders (IWT). The grant will enable Ablynx to accelerate the speed of exploring...
FRANCE - Banque de Vizille invests in Dorthz
CIC Banque de Vizille has acquired 20% of Dorthz, a newly-created group comprising building materials manufacturer Eurodorthz and retailer CFC.
UK - Scottish and Southern Energy invests £2.7m InSource Energy
SSE Venture Capital Ltd, Scottish and Southern Energy's new corporate venturing vehicle, has invested £2.7m and acquired a 40% stake in InSource Energy, a bio-waste-to-energy business created by the Carbon Trust.
UK - Arts Alliance completes £50m exit from PrePay Technologies
Venture Capital firm Arts Alliance has fully exited its stake in PrePay Technologies Ltd through a £50m trade sale to Accor services, a subsidiary of quoted French company Accor.
UK - Montagu exits IT software insurance company in £276m deal
Montagu Private Equity has realised its investment in Open International, the specialist software supplier to insurance brokers. Montagu acquired the Worcester-based business in March 2006 for £182m and sold it to privately-owned insurance group Towergate...
FRANCE - European Capital invested EUR 22m in Global Design Technologies
European Capital has announced it provided a EUR 22m second-lien to back the $343m acquisition of Franco-American aerospace and power generation supplier Global Design Technologies by Bridgepoint.
UK - Close Growth Capital backs SBO of Killby & Gayford from 3i
Close Brothers Growth Capital (CGC), the hybrid equity and debt finance provider, has backed the secondary buyout of specialist building contractor Killby & Gayford Group, from 3i. CGC is reported to have invested £13.35m for a significant minority equity...
UK - Risk Capital Partners acquires UK subsidiary of Borders Group
Risk Capital Partners has purchased national book retailers Borders and Books etc., UK subsidiaries of Borders Group, in a deal worth up to £20m.
UK - LGV completes £255m refinancing of healthcare business Craegmoor
LGV portfolio company Craegmoor Healthcare Group has refinanced its whole business securitisation with a £255m bank facility arranged by the Bank of Scotland. As a part of the refinancing, Craegmoor fully redeemed all the outstanding notes of Craegmoor...
UK - HgCapital strengthens renewable energy team
HgCapital has stengthened its renewable energy team with the appointment of Jean Perarnaud and Jens Thomassen as associate directors and the promotion of Emma Tinker and Rob deLazlo.
UK - Primary Capital sees 2x return from Elisabeth the Chef exit
Primary Capital has sold cake manufacturer Elisabeth the Chef (EtC) to Senoble, a France-based manufacturer of dairy deserts. The value of the deal has not been disclosed although it is reported that Primary recouped 2x its investment.
ITALY - KKR exits FL Selenia SpA in EUR 1bn deal
Kohlberg Kravis Roberts and Co (KKR) has wholly exited its stake in Selenia SpA, a producer of lubricants and functional oils, in a trade sale to Malaysian petrolium company PETRONAS in a deal which values the company at around EUR 1bn.
FRANCE - Bryan, Garnier and Co appoint new healthcare director
Independant Investment Bank Bryan, Garnier and Co have announced the appointment of Catherine Trividic to their corporate finance division as director of the healthcare team.
GERMANY – Cologne Media Ventures joins second round of funding for nugg.ad
nugg.ad has concluded an undisclosed second financing round from existing investors bmp, VC Fonds Berlin as well as new investor Cologne Media Ventures GmbH.
CEE - AIG Investments appoints new managing director of AIG Capital Partners
AIG Investments has appointed Serkan Elden as managing director of AIG Capital Partners and President and CEO of AIG Blue Voyage Advisors. Elden will be based in Istanbul to lead AIG Capital Partners’ investment activities in Turkey and its surrounding...
UK - Graphite backs gas portfolio company's £22m acquisition
Graphite Capital has backed the £22m acquisition of Global Gas Supplies by Dominion Gas, an independent supplier of industrial gases to the offshore industry. Graphite supported the £30m BIMBO of Dominion in June 2007. Funding for the latest deal includes...
UK - LDC invests to fund expansion of drinks manufacturer
Mid-market private equity house LDC has invested an undisclosed amount to fund the continuing expansion of drinks manufacturer Intercontinental Brands.
UK - Octopus invests over £600,000 in internet technology company
Octopus Investments has completed an investment of more than £600,000 in the development of internet technology firm True Knowledge Ltd. The deal represents the first round of funding for the company.
UK - Kennet Partners appoints new director
International growth equity investor Kennet Partners has promoted Evan Frank to the position of director.
FRANCE - Argos Soditic acquires Orgasynth subsidiaries
Argos Soditic has completed the management buy-in of all of the five fine chemical and dye subsidiaries of industrial group Orgasynth.