Sector

FRANCE - CAPE backs MBI of Ocean

LCL Régions Développement, a fund managed by Crédit Agricole Private Equity (CAPE), has acquired a minority interest in Ocean on the occasion of the buyout of the company by two incoming entrepreneurs.

UK - Finance South West backs DT Media

YFM-managed Finance South West has invested a substantial sum in software company DT Media. DT Media has just won a major contract to supply the German Air Force with military training software to reduce the risk of ‘friendly fire’. Finance South...

UK - Global Infrastructure appoints Joseph Blum as partner

Global Infrastructure Partners (GIP) has appointed Joseph Blum as a partner and general counsel, based at the company’s London office. Blum will join GIP on 1 July 2007. He has extensive experience in representing sponsors and financial institutions...

AUSTRIA - Mid Europa in EUR 1.4bn One mobile deal

Mid Europa Partners has teamed up with France Telecom/Orange to acquire One GmbH, the third largest mobile operator in Austria, in a EUR 1.4bn deal. This transaction is expected to close within the next three months. It is the second largest buyout in...

UK - Boots deal one step closer to completion

The first delisting of a FTSE 100 company is one step closer to completion today after the trustees of the Alliance Boots pension fund struck a deal with KKR. The £11.1bn buyout is on track to complete on 28th June 2007 with KKR pledging to inject £418m...

AUSTRIA - Gamma Capital Partners expands team

Gamma Capital Partners has appointed Joachim H Wolff as venture partner. Wolff has a long track record in venture capital as well as a management consultant. Previously he has held positions at companies including T-Venture, AVC Venture Capital, Roland...

  • GPs
GERMANY - Barclays Private Equity sells TUJA for EUR 800m

Barclays Private Equity has sold temporary employment agency TUJA Group to Adecco for EUR 800m. The financial investor acquired TUJA in March 2006 from Odewald & Cie and pursued an aggressive expansion strategy, acquiring six companies within and outside...

UK - E-Synergy appoints Sam Richardson as investment director

E-Synergy has appointed Sam Richardson as investment director to the team managing its £30m Sustainable Technology Fund. The Sustainable Technology Fund, launched earlier this year, is a £30m UK Limited Partnership Fund backed by a mix of institutional...

UK - Cinven beats CVC, Terra Firma and BC Partners to BUPA

Cinven has won the battle for BUPA's 26-strong hospital division. The deal weighed in at £1.44m. Cinven beat off competition from a number of other private equity players with sources citing both the price it was prepared to pay as well as its other...

DENMARK - Investcorp acquires Icopal for EUR 850m

Investcorp has signed an agreement to acquire Icopal, a manufacturer and provider of roofing products and installation services, for EUR 850m on a debt-free basis. Icopal will be acquired from a consortium comprising Axcel, Denmark's largest private equity...

UK - BVCA’s CEO steps down

Following the poor performance of the British Private Equity and Venture Capital Association (BVCA), executives on Tuesday at the cross-party Treasury select committee’s inquiry, Peter Linthwaite, the BVCA’s beleaguered chief executive, has stepped...

SWEDEN - Industrifonden recruits two new investment managers

Industrifonden has hired two new investment managers. Stefan Jakelius, formerly head of seed financing at the Energy Agency, who will invest in cleantech ventures. Tore Tolke, formerly investment manager at Småföretagsinvest, who will work in expansion...

BELGIUM - Transics IPO more than 10x oversubscribed

Carlyle-backed Transics, a provider of on-board computers and fleet management solutions for the transport and logistics sector, has offered 2,628,571 shares on Eurolist by Euronext Brussels, priced at €17.50 per share.

UK - Duke Street in take-private bid for Oasis Healthcare

Duke Street Capital has offered £76.9m for AIM-listed dental services provider Oasis Healthcare Plc. The offer of 82 pence per-share represents a premium of 74.4% on the closing price. The bid is being financed by a debt package supplied by Barclays...

DENMARK- 7TM AS secures fourth-round investments of $22m

7TM Pharma AS, a Danish pharmaceutical, has raised around $22 million in a fourth-round funding from SR One Ltd, one of GlaxoSmithKline’s independent corporate healthcare venture capital fund. Other investors that have participated are Alta Partners,...

UK - Midven reaps 12x money on sale of ScriptSwitch

Midven's partial exit of ScriptSwitch last month, a provider of software products to Primary Care Trusts, generated a return of nearly 12 times for the investor, with an IRR of 67%. As reported on unquotenews.com , ISIS Equity Partners completed a £9.9m...