Sector
UK - Rutland Trust reports 2005 results
The Rutland Trust has recently announced its results for 2005. The consolidated net asset value per share at 31 December 2005 was 62.2p (1 January 2005: 50.8p), based on net assets of £121.8m (1 January 2005: £99.6m). The consolidated results showed...
GERMANY - Financial investor tipped to acquire Tuja Holding
According to press reports the German arm of Barclays Private Equity has agreed to acquire German temping agency Tuja in a secondary transaction. The vendor, Odewald & Compagnie, acquired a majority stake in the company together with the management in...
GERMANY - Financial investors eye European forklift group
According to press reports the world's fifth largest specialist industrial gas supplier, Linde AG, is planning to sell its forklift division in order to focus on its core activities. The sale of Gabelstaplersparte, which is estimated to be valued at more...
SPAIN - TPI Yellow Pages up for grabs
Spanish telecoms giant Telefonica has announced plans to sell off its 60% stake in its TPI Yellow Pages subsidiary. BNP Paribas has been selected to manage the sale process.
GERMANY - 3i looks to IPO Magix?
According to press reports, 3i is preparing to list Magix, a German software firm in which the firm acquired a 21% stake in 2000.
UK - Liverpool healthcare firm raises £750k funding
A Liverpool pharmaceutical company is expanding with a finance package totalling over £750,000 which includes support from Merseyside Special Investment Fund (MSIF).
THE NETHERLANDS - VNU accepts EUR 7.5bn LBO offer
VNU NV, a leading global information and media company, and Valcon Acquisition BV, a holding company newly incorporated in the Netherlands, announced today that they have agreed to a public offer for VNU that values the company’s equity at EUR 7.5bn,...
UK - KCL firm makes new add-on acquisition
Kleinwort Capital Ltd has announced today that portfolio company Healthcare Homes Group Ltd (HHG) has acquired PriMed Group, a privately-owned care and nursing home group based in Suffolk. The acquisition is the fourth successful acquisition made by HHG...
UK - Bank of Scotland invests in McCurrach UK
Bank of Scotland Corporate has announced that its integrated finance team has taken a minority stake in Glasgow-based McCurrach UK Ltd.
UK - 3i invests in Israeli technology fund
3i has invested $20m in Giza Venture Capital’s fourth fund. This investment extends 3i’s global venture capital activities to Israel, where it will invest primarily alongside Giza, in Israeli companies with highly disruptive technologies.
UK - BancBoston makes 15x money on Aquila exit
BancBoston Capital has notched up a 15.2x net return on the sale of its shares in the UK-based Aquila Group Holdings Ltd. This tops a stellar run of exits for the firm. Returns on BancBoston Capital’s recent transactions include 6.5x on the sale of...
GERMANY - Aurelius Group acquires DBT Maschinenfabrik Scharf GmbH
The Aurelius Gruppe has acquired DBT Maschinenfabrik Scharf GmbH from DBT GmbH, a subsidiary of Essen-based RAG AG. RAG is currently taking part in the bidding process for chemicals specialist Degussa. No details of the transaction value have been disclosed.
UK - Kleinwort announces two new investors
Kleinwort Capital Limited has announced that it has two new investors on board – Swiss-based Partners Group and F&C Private Equity Trust Plc.
UK - Is BT a £20bn private equity target?
According to press reports, BT is being examined as a potential bid target by a number of global private equity firms in a move that could value the telecoms group at a minimum of £20bn.
GERMANY - Wellington invests in GIGA TV
Wellington Partners is investing in GIGA TV in connection with a round of funding totaling EUR 3m. This will enable the company to expand its position as the largest digital TV network for the gaming and e-sports community in Europe.
NORWAY - NeoMed-backed Clavis Pharma appoints new chairman
Clavis Pharma, a portfolio company of NeoMed III, has announced that former Oslo Stock Exchange president, Sven Arild Andersen, has been appointed as chairman of the board of directors. Andersen takes over this position from Tom Pike, who will continue...
THE NETHERLANDS - KKR and CVC close Rotterdam waste management deal
A consortium led by Kohlberg Kravis Roberts & Co. (KKR) and CVC Capital Partners (CVC) today announces that the transfer of 100% of the share capital in AVR for a total enterprise value of EUR 1.4bn from the Municipality of Rotterdam has taken place....
UK - Cobbetts attracts Pinsent Masons’ PE team
Cobbetts corporate team has recently attracted more private equity lawyers from Pinsent Masons. Partner Paul Johnson, Nicola Frost, Vicky Zivkovich and Paul Kelly have made the move, following Cobbetts’ recent appointment of partner Sean Fitzgerald,...
FRANCE - Motorola Ventures invests in IP over broadcast media provider
Motorola Ventures has injected EUR 2m for a third round of funding in UDcast. The investor joins existing shareholders CDC Entreprises Innovation, SGAM AI PE, I-Source, Baytech Venture and Mitsubishi Venture which collectively provided EUR 8.8m in two...
FRANCE - Kayentis raises EUR 2m from XAnge
XAnge has led at EUR 2m first round of funding in the software start-up Kayentis, via its XAnge Capital and XAnge Private Equity funds. Company founder and CEO Philippe Berna, business angels Jean-Louis Moses and Pierre Casse and an industrial player...
UK - BOSIF backs secondary buyout of Mono Global
Bank of Scotland Corporate has announced that through its integrated finance team, it has backed the management of Glasgow-based Mono Global Ltd in the secondary buyout of the company. The deal sees 3i Group Plc achieve a successful exit from the company...
SWEDEN - Eqvitec invests $4m in Movimento
Eqvitec has made a $4m investment in Movimento AB, a fast growing automotive electronics and software company based in Gothenburg.
FRANCE - Wendel consortium prepares Legrand’s EUR 1.8bn IPO
Wendel Investissement is planning Legrand’s IPO, which has been valued at around EUR 1.8bn. Owing to the current good performances of the French financial markets, coupled with the fact that Legrand’s revenues are forecast to exceed EUR 3bn this year,...
GERMANY - Change Capital Partners acquires JIL SANDER Group
Retail specialist Change Capital Partners has agreed the buyout of Jil Sander Group from the Prada Group. The transaction, which was handled by Change Capital's Stephan Lobmeyr, remains subject to regulatory approval.