Sector
UK - Ingenious plans launch of Ingenious Securities
Ingenious, the media investment and advisory group, announces that Robert Benton and Richard Jeffrey have been appointed Chief Executive and Head of Securities, respectively, of Ingenious Securities, a new business to be focused on the media sector, which...
FRANCE - PagesJaunes deal closes
KKR and Goldman Sachs Capital Partners have announced the completion of their acquisition of France Telecom's 54% shareholding in directory business Pages Jaunes. With a unitary share price of EUR 22, the total value of the acquired interest amounts to...
UK - Langholm Capital acquires plus-size retailer Elvi
Langholm Capital has acquired Elvi, the UK's largest independent plus-size women's fashion retailer. Langholm is backing Oliver Spark, the former managing director of the White Company, as an incoming chief executive.
FRANCE - Texas Pacific Group and AXA Private Equity buy 60% stake in TDF
Telecom broadcaster TDF has confirmed that an agreement has been signed for the acquisition by Texas Pacific Group and AXA private Equity of 42% and 18% of its equity, respectively.
UK - Credit Suisse Infrastructure Fund involved in bid for City Airport
It is expected that a consortium led by US insurer AIG and involving GE Capital and Credit Suisse's infrastructure fund has won the auction for City Airport. The deal is thought to value the airport which was acquired by Irish billionaire Dermot Desmond...
UK - InforSense receives £5.3m funding led by FF&P Private Equity
InforSense Ltd, a leading provider of software to the life sciences, financial services and other industries has received a £5.3m investment led by Fleming Family and Partners Private Equity (FF&P). Imperial Innovations provided £1.6m of the total funding...
SWITZERLAND - MVM Life Sciences appoints Søren Mouritsen
MVM Life Science Partners LLP announced today that Dr Søren Mouritsen has been appointed as entrepreneur in residence. Mouritsen will be based near Zürich, which the investor considers to be one of the most promising biotech clusters in Europe.
UK - launch of venture-backed Healthcare Brands International
Healthcare Brands International (HBI), a new company helping to turn innovative medical product technology into successful consumer brands, was officially launched today. Backed by £25m of venture capital from a syndicate of investors including Abingworth,...
GERMANY - Orlando Real Estate announces final close
Munich-based Orlando Real Estate GmbH has held a final close on its first fund, Special Situations Realty Partners I, on EUR 205m. The fund, which was launched in February 2006, has exceeded its initial target of EUR 150m and interest from investors was...
FRANCE - Open-Plug raises $15m from Baytech-led syndicate
Open-Plug has raised a $15m second round of institutional funding from a syndicate of investors led by Munich-based BayTech Venture Capital. Other investors included SGAM AI Private Equity and first round sponsors Auriga, I-Source Gestion, Siparex Ventures...
UK - Scott Mead joins Apax
Scott Mead, formerly of Goldman Sachs, is to join Apax as the chair of its global technology and telecommunications advisory board. He left the investment bank, where he was credited with shaping the telecoms industry in the dotcom era, two years ago.
UK - Northgate next private equity target
Shares at Northgate Information Solutions, a specialist software and IT services group, have risen over the last few months and are now approaching 100p per share on the back of rumours that the company will be delisted by private equity.
FRANCE - Neocase raises EUR 5.2m from Iris-led syndicate
Customer service software developer Neocase has raised a further EUR 5.2m in its third round of funding. The investment was provided by Iris Capital, Caisse des Depots et Consignations (CDC), and US IT services company Supporter Group.
UK - Hastings Infrastructure Fund in £665m secondary buyout of South East Water
Hastings Fund Management, an infrastructure fund owned by the Australian bank, Westpac, has acquired South East Water from Macquarie in a £665.4m secondary buyout deal. Commentators have suggested that Macquarie's timely exit is evidence of its keenness...
ITALY - TLcom Capital realises investment in Netscalibur Italia
London-based venture capital fund TLcom Capital announced today that it has agreed to sell 100% of Netscalibur Italia to Infracom, a Milan-based private industrial group active in the telecommunications, information technology and mobility businesses....
UK - Palamon to acquire British payment card issuer Retail Decisions Plc
Retail Decisions Plc, a London Stock exchange-listed company which assists retailers, telecommunications companies, oil companies, e-commerce retailers and banks to prevent the fraudulent use of payment and credit cards, has received a cash offer from...
HUNGARY - Permira to acquire BorsodChem Nyrt
Permira has made a public purchase offer for all registered shares in BorsodChem Nyrt, which values Borsod's equity at approximately EUR 850m. The offer price per share is HUF 3,000 and is being made by First Chemical Holding Vagyonkezelö Kft, a holding...
UK - August Equity announces appointment of Keith Davidson
August Equity Ltd has announced the appointment of Keith Davidson as Investment Manager. Davidson joins August Equity from PricewaterhouseCoopers, where he has been since 2002. Keith qualified as a chartered accountant with Arthur Andersen in 2002 before...
FRANCE - Possible EUR 2bn sale of FNAC
According to reports in the French press, PPR is considering selling FNAC, a nationwide books and media retailer.
ITALY - Sinergia and Parà announce acquisition of Arquati
The fund Sinergia con Imprenditori, managed by private equity firm Synergo Sgr, and industrial player Parà have jointly acquired 100% of Arquati, a group specialised in picture frame moulding, wood drapery poles and tracks for the window covering industry....
SPAIN - Capital Health starts its activities
Spanish stock market regulator CNMV has recently authorised the launch of the first Spanish private equity firm completely focused on the health sector. Capital Health will back financing rounds between EUR 300,000 and EUR 4m in early-stage businesses...
GREECE - Apax and Texas to reap a fourfold return with TIM Hellas auction
Apax Partners and Texas Pacific Group have put a for sale sign on their portfolio company TIM Hellas, a Greek mobile services provider. According to press reports, the buyout firms have mandated Morgan Stanley and Lehman Brothers to begin an auction process...