Sector
GERMANY - 3i Europe takes over major automotive supplier
3i Europe has acquired a controlling stake in German industrial supplier Rasmussen GmbH / Norma Group via a management buyout. The transaction includes all shares held by the company managers.
BULGARIA - Mezzanine Management backs bottled water firm
Mezzanine Management, the independent mezzanine and private equity provider, has announced that its Central European fund, Accession Mezzanine Capital (AMC), has backed the institutional buyout of the Devin Group, the largest bottled water company in...
FRANCE - Cavipar enters the French turnaround arena
After more than 12 years of experience in turnarounds, strategic repositionings and growth situations, as investment banker, investor, as well as CEO, Charles H Rossignol and US based private equity fund Dimeling, Schreiber and Park are teaming up to...
NETHERLANDS - PGGM to invest in Cyrte
Press reports suggest that Dutch pension fund PGGM will invest EUR 500m in the recently launched TMT fund managed by Cyrte Investments.
UK - iPLATO receives first round funding from The Capital Fund
iPLATO Ltd, the leader in mobile healthcare applications, has attracted first round funding from The Capital Fund, a £50m venture capital fund that invests in fast-growth companies in Greater London and whose investors include the DTI and The European...
UK - Edinburgh Robotics wins new funding
Edinburgh Robotics Ltd has secured an equity investment led by Braveheart Ventures Ltd. The investment was completed via the SMART Equity Scheme which is designed to help spin-out companies, by providing matched funding to recipients of the Scottish Executive’s...
FINLAND - CapMan exits from Mehiläinen
CapMan funds Finnventure V and Finnmezzanine III will sell their shares in Mehiläinen Oyj to H-Careholding AB, the owner of Carema. The consideration offered values the equity of Mehiläinen at EUR 152m and prior to the exit the funds have approximately...
UK - UHY Hacker Young appoints new head of corporate finance
Peter Petyt has been named the new Head of Corporate Finance at the London office of top twenty accountancy firm UHY Hacker Young.
UK - a2e and The Capital Fund back data management MBO
Quadrate, a leading data management software company and creator of innovative solutions that enable businesses to rapidly migrate data to and from SAP, facilitating efficient data management and reporting, has completed an MBO. Funding was raised from...
FRANCE - Amboise Investissement to float
Amboise Investissement has announced the filing, on 24 February 2006, of its reference prospectus with AMF, the French financial markets authority (Autorité des Marchés Financiers).
FRANCE - Eyeka announces $5m Series-A round
Eyeka, a provider of mobile video and image service applications, announced today that it has completed a $5m Series-A round. Ventech Capital, based in Paris, invested $3.2m and DN Capital, based in London, provided $1.8m. This marks the second partnership...
SWEDEN - ZealCore secures SEK 12m in growth funding
Industrifonden, KTH Seed Capital and SEB Företagsinvest have invested SEK 12m in ZealCore Embedded Solutions AB.
FRANCE - TowerBrook takes majority interest in engineering specialist
Private equity firm TowerBrook Capital Partners has today announced that funds managed and advised by TowerBrook will acquire a 67% shareholding in French engineering company GSE for an undisclosed sum. This transaction will also allow GSE’s management...
FRANCE - Iwedia raises EUR 2.7m from VC syndicate
Software specialist Iwedia Technologies has secured EUR 2.7m from an investors group including CDC Entrepreises Innovation, I-Source Gestion, iXCore and Thales Corporate Ventures.
UK - Hg to invest up to £20m in Wind Direct
Hg Capital has agreed to invest up to £20m in Wind Direct over the next three years. HgCapital is making an initial investment of £4.6m with an option to invest a further £15.4m over the next three years.
UK - Darlington wins Rainmaker award
Christopher Darlington of Hawkpoint Partners has won HgCapital’s Rainmaker of the Year award. During 2005 Darlington completed four deals.
UK - Quadrate completes MBO
Quadrate, a data management software company and creator of innovative solutions that enable businesses to rapidly migrate data to and from SAP, facilitating efficient data management and reporting, has completed an MBO. Funding was raised from a2e Venture...
UK - KCL rebrands as August Capital
Kleinwort Capital Ltd announced today that it will change its name to August Equity, effective immediately. Accompanying the name change is the release of a new company logo, which will begin appearing on the website (www.augustequity.com) and all company...
GERMANY - BayTech leads EUR 3.8m funding of abaXX
BayTech Venture Capital, the German early-stage venture capital firm, has led a EUR 3.8m funding round in financial services firm abaXX, a Stuttgart-based provider of business process management software for financial institutions.
GERMANY - Granville Baird sells Apptimum to Microsoft
Granville Baird has announced that it has sold its interest in software firm Apptimum Inc to Microsoft for an undisclosed sum.
AUSTRIA - Carlyle to buy UC4 Software
According to press reports Carlyle Group has agreed to buy a majority stake in UC4 Software from Capexit and and PONTIS Venture, which acquired an interest in the firm in 2004.
POLAND - Mid Europa completes Aster buyout
Mid Europa Partners, through its Emerging Europe Convergence Fund II, L.P., has completed the acquisition of Aster, a leading provider of media and communication services in Poland. The agreement to acquire Aster from Hicks Muse Tate & Furst was first...
UK - Carlyle to commit £750m to UK real estate
Carlyle is to set up its first UK-only real estate vehicle - with £750m spending power - despite fears from some domestic operators that high returns have become harder to achieve, according to the FT.
FINLAND/UK - VC-backed Ark Therapeutics announces preliminary results
Ark Therapeutics Group Plc has today announced its preliminary results for the year ended 31 December 2005. In 2005, it was awarded a EUR 2.2m grant by Finnish government to extend gene medicine manufacturing facilities. The company's highlights also...