Sector
FRANCE - DeA Capital invests in Générale de Santé
DeA Capital, De Agostini's listed investment holding, will take at least 35% of Santé Sarl, a holding which indirectly owns 59.8% of French listed private healthcare group Générale de Santé.
UK - Hotbed exit from nursing home company generates 31% IRR
Hotbed has achieved an IRR of 31% from an exit from nursing home group Mimosa Healthcare Holdings Ltd. Hotbed has sold its 25% stake in the company, which it acquired in 2005 following a £5.15m investment in two tranches, back to the company and its...
NL - Van den Ende & Deitmers invests in Advance
The Crossmedia Fund of Van den Ende & Deitmers has acquired a 30% stake in Advance.
FRANCE - Crédit Agricole Private Equity invests in business mobility software
Sparus Software has raised EUR 3-4m in its second round of financing, from Crédit Agricole Private Equity (CAPE) and AXA Private Equity (AXA PE).
UK - Terra Firma/Wellcome Trust to access Boots books
It is reported that Terra Firma, working in association with Wellcome Trust, are inches away from making an indicative offer for Alliance Boots, and being granted access to its books. The UK chemist and retailer, formed by a £7bn merger in 2006, is the...
DENMARK - Via Ventures Partners invests in Ebisu
Via Venture Partners has invested in Ebisu, a software company based in Copenhagen. Via Venture's interest was fuelled with Ebisu's new technology that provides solutions to log all internet trafic. The new European Union anti-terror legislation that...
SLOVAKIA - Penta acquires Slovak Privatbanka
Slovak private equity group Penta Investments has acquired a 73% stake in Slovak Privatbanka from Austria’s Meinl Bank. The transaction value has not been disclosed but the financial investor has indicated to acquire the remaining stake by end of 2007.
UK - Inflexion hires new assistant director
Inflexion Private Equity has appointed Anthony Bower to join its investment team as assistant director.
NL - Dutch House of Representatives questions private equity
Dutch politicians and leading private equity and hedge funds players yesterday convened at a round table conference, organised by the Dutch House of Representatives, to exchange ideas on the influence of hedge funds and private equity on the Dutch economy.
BELGIUM - KBC invests in Multi Media Services Groep
KBC Arkiv, the joint subsidiary of KBC Private Equity and Arkimedes, has invested in Multi Media Services Groep (MMS Group), a distributor of home entertainment products such as DVDs, audio CDs and games. No further details have been disclosed. This is...
UK - Cinven, Macquarie and Blackstone interested in BUPA hospitals
BUPA is to put its 26 UK hospitals up for sale. It is reported that Cinven, Macquarie and Blackstone have all shown interest in the hospital assets. The news follows rumours that certain private equity groups have considered a bid for healthcare insurer...
UK - Sun European Partners acquires Moben, Dolphin, Sharps and Kitchens Direct
Sun European Partners has acquired the HomeForm Group, the owner of home retailers including Moben, Dolphin, Sharps and Kitchens Direct in a secondary buyout deal of undisclosed value. The deal represents an exit for Phildrew Ventures which delisted the...
UK - Critical days for Sainsbury's bid
The likeliness of private equity acquiring Sainsbury's is in the balance today. With the Takeover Panel deadline set for this Friday, CVC is under pressure to up its latest 582p per share offer which is yet to be recommended by the company's board after...
FRANCE - Advent buys discount retailer Stokomani from Alpha Group
Advent International has backed the management of French discount retailer Stokomani in its buyout from Alpha Group. Stokomani is a major French end-of-line and big brand product stock clearance retailer, offering a range of 15,000-20,000 products in...
UK - Sainsbury's consortium under pressure to make formal bid
The CVC-led consortium considering a bid for the UK's third largest supermarket chain, Sainsbury's, is under pressure to announce a formal bid before the Easter weekend. Together CVC, KKR and TPG have been looking at the asset since February and have...
UK - Hotbed leads buyout of Land Rover parts supplier
Hotbed has invested £5m alongside commitments from Grove Industries Ltd and Barclays Bank to support the institutional buyout of Bearmach Plc, a supplier of parts and accessories to the global aftermarket for Land Rover. Bearmach is headquartered in...
SWEDEN - Industrifonden invests SEK 9m in satellite receiver Lyngbox
Industrifonden has invested SEK 9m in LyngBox Media AB, a company that develops a new type of digital boxes intended for satellite reception of TV programmes. The Lyngbox is automatically updated by the internet with data on all the world’s different...
ITALY - BS Private Equity sells nursing home group
BS Private Equity has sold all its shares in nursing home group Segesta alongside the company's founder and CEO. The buyer is French mental healthcare provider Korian.
NL - Iris Capital and GIMV acquire majority share in Human Inference
Iris Capital and GIMV have acquired a majority stake in Human Inference, European market leader in the field of data quality solutions.
UK - New entrant to begin battle for Boots?
Market sources suggest that German firm Celesio, a continental rival to the Alliance Boots pharmaceutical chain, has approached other buyout groups about the possibility of teaming up to launch a competing takeover bid for the listed UK retailer. Boots...
GERMANY - Pace raises EUR 3m
eCapital has led a EUR 3m financing round in high-end engineering software developer Pace GmbH. IBB Beteiligungsgesellschaft and Strategic European Technologies also participated in the round.
UK - Baird generates 2.2x on exit from Specialist Heat Exchangers
Baird Capital Partners Europe has generated 2.2x its money on its exit from Specialist Heat Exchangers Ltd (SHE). The designer and manufacturer of cooling systems for the automotive and industrial sectors has been acquired for £9m by Dynamic Technologies...
UK - August Equity makes four internal promotions
August Equity has made four promotions. Sam Watkinson, who joined August Equity in August 2005, has been promoted to director. Watkinson is responsible for managing the deal origination activities across the four sectors which the firm focuses on –...
UK - KKR higher offer prompts opening of Boots' books
KKR has raised its bid for Alliance Boots prompting the UK chemist and retail chain to open its books. The US-private equity firm bidding in league with the deputy chairman of Boots has offered 1,040p per share, a 4% lift on the 1,000p takeover bid it...