Sector
UK - Phoenix bags sailing clothes maker Musto
Phoenix Equity Partners has acquired a majority stake in Musto, the specialist clothes business which caters for the sailing, equestrian, shooting and fishing communities. The deal values Musto at £40m. Musto has also developed a range of casual clothing...
UK - Foresight exits Oasis Healthcare via sale of shares to Duke Street Capital
Duke Street Capital has acquired £8m worth of shares in AIM-listed dental care provider Oasis Healthcare Plc from Foresight Venture Partners. The deal generated a total return on investment of 5.1x for Foresight 3 VCT Plc. Duke Street Capital had been...
SPAIN - Kimia receives EUR 2m in backing from Debaeque
Media content developer Kimia Solutions has received EUR 2m in a series-A financing round led by Debaeque Venture Capital.
UK - CBCF appoints new MD for leisure and retail sector group
Close Brothers Corporate Finance has bolstered its senior management team, appointing Michael Dubois as the new managing director of its leisure and retail sector group.
DENMARK - Medtronic's neurology products to be acquired
Water Street Healthcare Partners, the Chicago private equity firm focused exclusively on the healthcare industry, has acquired a majority stake in Alpine Biomed for an undisclosed sum, to enable the company’s purchase of neurology diagnostic product...
UK - Jefferies appoints Bruce Huber and Warren Scott as European co-heads
The Jefferies investment bank has appointed Bruce Huber and Warren Scott to lead the firm’s financial sponsors effort in Europe as co-heads. Huber is head of European technology and cleantech investment banking at Jefferies International Ltd, the London-based...
SPAIN - Qualitas wins Alcasa deal
Qualitas Equity Partners has wholly acquired aluminium producer Aluminio Catalán SA (Alcasa) from Ibersuizas alongside the company's management. BBVA is providing the debt for the acquisition.
ITALY - Euraleo makes its first invesment
Euraleo, the joint venture established in 2006 by French buyout house Eurazeo and investment group Banca Leonardo, has made its first acquisition.
UK - August Equity acquires software business 4Projects
August Equity has completed the management buyout of 4Projects Holdings Ltd, a provider of project collaboration software solutions. Banking facilities were provided by Kaupthing Singer and Friedlander.
UK - 3i reaps 61% IRR from Care Principles after 10 year investment
3i has seen a money multiple of 3.9x and an IRR of 61% from its 10 year investment in Care Principles. The medium secure hospital operator which provides care for adults with long-term therapy needs has been acquired by The Delta Fund for £270m.
NORWAY - HitecVision and Statoil Innovation sell Pure Group to Torr Canada
Statoil Innovation and HitecVision Private Equity have sold Pure Group, a oil and gas purification company, to publicly-listed Torr Canada, a extractor of hydrocarbons from upstream oil and gas produced water. The two investors believed an industrial...
UK - Apax sees 40x return from healthcare exit to Hutton Collins
Sources report that Apax has recouped in excess of 40x its money through the sale of Healthcare at Home to Hutton Collins. Apax invested £800,000 for a minority stake in the home healthcare service provider in 1995. The company was rumoured to have been...
UK - Apax bids for Emap's B2B division
Apax is understood to have approached Emap regarding the acquisition of the magazine and radio group's B2B publications. The news comes following Emap's decision to conduct a strategic review of its business, thought to have been prompted by the approach....
CEE - GED and Caja Madrid launch private equity real estate fund for South Eastern Europe
Spanish private equity company GED and Spanish saving bank Caja Madrid have set up GED Real Estate Eastern Investments (GED REEI) with initial capital of EUR 25m. The fund will invest in 10-15 projects with an investment amount of EUR 5m - 15m per project,...
SPAIN - Media content developer secures EUR 2m from Debaeque
Debaeque Venture Capital has led a series A round of funding totalling EUR 2m in Kimia, a company developing technology to channel rich media content from the Internet to mobile phones.
UK - Beringea expands UK investment team
Beringea director Trevor Hope has been appointed to the new role of chief investment officer and new investment director Karen McCormick has joined the Beringea team. Hope, who joined Beringea in 2003, will oversee the company’s investment activites...
FRANCE - Osiris secures first industrial deal
Osiris Partners has backed the spin-off of Produits Plastiques Performants (3P) from listed-plastics company Plastic Omnium. The deal is Osiris' second transaction.
RUSSIA - Great Circle invests $21.1m in STS Logistics
Great Circle Fund has invested $21.1m in Moscow-based STS Logistics, a Russian freight forwarding, warehousing and customs services provider. The expansion deal represents the first investment of the $190m Great Circle Fund, which targets transportation,...
SWEDEN - Carlyle et al. sell MedPointe to Meda for $520m
Swedish-listed pharmaceutical group Meda has agreed to acquire all the shares in US based-MedPointe, owned by The Carlyle Group and other investors. The two majority shareholders of MedPointe, The Carlyle Group and The Cypress Group, will become shareholders...
SPAIN - MCH beats Magnum on competition for Eptisa
Engineering business Eptisa has received a bid of EUR 90m from MCH Private Equity, according to press reports.
SPAIN - Apax promotes Oriol Pinya to CEO
Apax Partners has promoted Oriol Pinya to the position of chief executive of the firm's operations in Spain.
UK - ECI-backed wireless networks company makes £24m acquisition
ECI Partners portfolio company Aerial Facilities (AFL) has acquired its Swedish-based competitor, Avitec AB for up to £24m. Avitec was formerly owned by CapMan, 3i and a number of private investors. AFL designs, manufactures and installs specialist products...
FRANCE - Dailymotion raises extra EUR 20m
Video sharing website Dailymotion has received EUR 20m in a second round of funding, according to French press reports.
UK - Maximilian Bleyleben is promoted to partner at Kennet Partners
Kennet Partners, the technology growth investor, has promoted Maximilian Bleyleben to partner. In his new role, Bleyleben will continue to originate and manage growth equity investments and buyouts in the software, IT services and digital media markets...