Sector
SWEDEN - Venture-backed Carmel Pharma signs agreement with German pharmacies
VZA, German association of retail pharmacies specialised in the preparation of cytotoxic pharmaceuticals, has signed a cooperation agreement with Carmel Pharma to support the implementation of Carmel Pharma’s PhaSeal system with its 250 members throughout...
ITALY - Carlyle courts Telecom Italia
The Carlyle Group is thought to be considering a bid for Telecom Italia’s mobile phone units. Other possible bidders include Spain’s Telefónica, the BT Group and Deutsche Telekom. The newspaper La Repubblica reported that Telecom Italia is planning...
UK - The Capital Fund invests £250,000 in Local Data Company
The Local Data Company, which operates the UK’s most accurate database of in-depth information on UK city centre retail businesses and other urban points of interest, has raised £250,000 from The Capital Fund. The company’s management team will use...
SPAIN - 3i divests stake in Kider
3i and minority shareholders have agreed to sell their combined stake of 47.4% in Kider to Caja Navarra for EUR 33.3m. The remaining stake will be held by the company’s management. The deal is part of the bank’s EUR 353m investment strategy, which...
FRANCE - Oxxius receives $10m in second round
Sofinnova Partners has led the $10m second round of funding for the manufacturer of ultracompact lasers, Oxxius. The other contributors in this funding were AXA Private Equity and US-based Sofinnova Ventures.
FRANCE - Investors make 2x on Swapcom sale
Iris Capital's Part'Com, Spef Venture, Banque de Vizille and Sudinnova have generated a 2x money multiple on the sale of their entire interest in French mobile solutions developer Swapcom to a subsidiary of Swisscom.
UK - 3i offloads portfolio of 10 mid-market buyout investments
Saints Capital, in partnership with Lexington Partners and Fortress Investment Group, announced that it has acquired a portfolio of 10 mid-market buyout investments from 3i. The transaction involved privately held industrial companies all based in the...
NL- Waterland sells Harting-Bank to NPM Capital
Waterland Private Equity Investments has sold its stake in Harting-Bank, a leading Dutch supplier of mobility aids and care provider, to NPM Capital. No financial details have been disclosed.
GERMANY - Nokia acquires gate5 from Innoven and Target
Innoven Partenaires and Target Partners have exited their stakes in gate5 AG, a supplier of mapping, routing and navigation software services.
UK - TA Associates acquires SmartStream from 3i
SmartStream Technologies, the software provider which through its Transaction Lifecycle Management solutions provides services to 70 of the world's top 100 banks, has been acquired by TA Associates. The deal represents an exit for previous majority shareholder...
GERMANY - Auctus Management continues to fill its portfolio
Following a number of transactions this year, including the buyout of Pharmazell and the sale of Time Partner to Investcorp, Auctus Management has made a further acquisition. Alongside Schmack Biogas AG, the investment house has acquired a 70% stake in...
UK - Disposal of Four Seasons Healthcare by Allianz Capital Partners
Allianz Capital Partners has agreed to sell Four Seasons Healthcare, a leading provider of services for older people and specialised care services for adolescents and younger adults, to Delta Commercial Property, an investment vehicle for Three Delta....
FRANCE - Uniq to sell Saint-Hubert
According to press reports, UK chilled convenience food company Uniq, is planning to sell its butter and margarine business, Saint-Hubert. A range of private equity players and industrial companies have allegedly shown an interest.
UK – Endless successfully exits GlynWebb
Endless LLP has announced the sale of GlynWebb Ltd to private retail investors for an undisclosed sum. This exit comes just four months after Endless acquired the DIY and home improvement retailer.
UK - ISIS completes MBO of 3i-backed Empire World Trade
Empire World Trade (EWT), owned by 3i, has undergone an MBO backed by ISIS Equity Partners and HSBC Leveraged Finance. ISIS Equity Partners has invested c.£5.2m in the deal.
SWEDEN - Nordic Capital and Apax launch bid for Capio
Apax and Nordic Capital aim to acquire publicly listed healthcare group Capio AB for SEK 15.6bn. Opica AB, a company jointly owned by Apax Europe VI, Nordic Capital Fund VI and Apax France, has offered SEK 153 per share in cash for all shares in Capio.
FINLAND - CapMan exits Distocraft Ltd
CapMan funds have divested their stakes in software provider Distocraft Ltd to Ericsson for an undisclosed sum. With offices in Helsinki and Lahti, Distocraft develops telecommunications software products that enable network performance management and...
UK - Further investment for ZBD
Prelude Trust Plc, managed by Esprit Capital Partners, has made an additional £640,000 investment into ZBD Displays Ltd as part of a £2.86m funding round. This will mean that Prelude will now have a 33% holding in ZBD, and has so far committed £5.6m...
FRANCE - SGAM and Galileo invest EUR 4m in internet shoe retailer
Société Générale Asset Management (SGAM) and Galileo Partners have injected EUR 4m in e-commerce shoe retailer Sarenza.
SPAIN - 3i acquires shareholding in Sten
3i has agreed to buy a 30% stake in Sistemas Técnicos de Encofrados (STEN) from its founders and majority shareholders. The company develops formwork systems and solutions for construction projects and civil engineering work. The consideration has not...
ITALY - MPS Venture exits Moby and buys into Savino Del Bene
The asset management firm MPS Venture has sold its 3.47% stake in logistics player Moby in a deal worth EUR 6.4m to the Onorato family, which now wholly owns the company.
NETHERLANDS - Apollo acquires TNT logistics division
Express delivery company TNT has signed an agreement to sell its logistics division to Apollo Management. The total value of the transaction is EUR 1.48m on a cash and debt free basis, of which EUR 15m will be received in the form of a 5% equity stake...
NETHERLANDS - VNU appoints David Calhoun as chairman of executive board and CEO
VNU has announced that David L. Calhoun, vice chairman of General Electric Company, has been named chairman of the executive board and chief executive officer of VNU by the company’s supervisory board. Calhoun succeeds Rob Ruijter, who has served as...