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Sector

FRANCE - Stampede over Colony’s Buffalo Grill stakes

France’s largest shareholder action group is urging the AMF (autorité des marchés financiers) to refuse Colony Capital’s attempt to delist Buffalo Grill. Colette Neuville, head of Association pour la Défense des Actionnaires Minoritaires (ADAM),...

  • France
  • 28 February 2006
UK - Barclays Private Equity exits Recruitment Solutions Group

Barclays Private Equity has sold its investment in Recruitment Solutions Group for £18.5m to Hays Plc, the global leader in specialist recruitment and HR services.

  • Exits
  • 28 February 2006
FRANCE - Asiatex to take Petitboy out of receivership

Pau’s regulatory court has selected Asiatex to acquire Petitboy from CIC Banque de Vizille and bring the company out of receivership. The children’s clothing company has been held under observation for the past four months. Asiatex has agreed to acquire...

  • Exits
  • 28 February 2006
THE NETHERLANDS - 3i sells UTT in reverse takeover

3i has announced the sale of Rotterdam-headquartered United Transport Tankcontainers Holdings BV (UTT), the international tank container operator, to AIM-listed Interbulk Investments Plc in a net EUR 67m reverse takeover deal.

  • Exits
  • 28 February 2006
UK - Granville buys care services firm

Granville Baird Capital Partners, the international mid-market private equity firm, has today supported the management buyout of Choices Holdings Ltd, a provider of supported living and residential care services to people with learning disabilities. Granville...

  • Buyouts
  • 28 February 2006
UK - Phoenix bags Radley

Radley, the UK’s biggest-selling handbag brand, has sold a majority shareholding to Phoenix Equity Partners in a £45m deal.

  • Buyouts
  • 27 February 2006
UK - 2005 sees Archangel portfolio bear fruit

Archangel Informal Investment Ltd's annual review, released over the weekend, reveals its continuing confidence in the Scottish market for young technology companies with the investment of a further £4m in 14 of its existing portfolio businesses during...

  • UK / Ireland
  • 27 February 2006
UK - D-Line secures £1.3m from investment syndicate

Newcastle-based DLine Ltd has recently received a £1.13m cash injection to develop its business. The new capital comes jointly from The North East Co-investment Fund, a £23m investment fund that invests in high-growth technology focused SMEs, and a...

  • Early-stage
  • 27 February 2006
ITALY - BS buys Arena from Investitori

BS Private Equity has taken over 100% of the Arena Group from Investitori Associati, worldwide leading company in the sports/waterwear category.

  • Buyouts
  • 27 February 2006
UK - Permira to raise HMV bid, say reports

Press reports suggest that Permira is preparing a 200 pence a share revised bid for HMV, the book and music retail chain.

  • UK / Ireland
  • 27 February 2006
GERMANY - Gilde portfolio firm signs licensing deal with pharma investor

Munich-based IDEA AG has announced that Celtic Pharmaceutical Holdings LP, an international private equity firm focused on the biotechnology and pharmaceutical industries, has acquiredthrough its subsidiary TDT an exclusive global licence to IDEA’s...

  • DACH
  • 24 February 2006
FRANCE - PPM buys jewellers from Apax

PPM Capital, a mid-market private equity specialist, has reached an agreement in principle to acquire Histoire d'Or, a leading French jewellery distributor, from a group of investors led by Apax Partners for a consideration of EUR 230m. The transaction...

  • Buyouts
  • 24 February 2006
BELGIUM - KBC and Net Fund Europe sell Club

KBC Private Equity, Net Fund Europe and several private shareholders have concluded an agreement with Distripar on the sale of their entire stake in Club SA, valuing Club at EUR 21m. The transaction is still subject to certain conditions, including the...

  • Exits
  • 24 February 2006
UK - Sigma announces two new investments

Sigma Technology Group Plc has unveiled two new investments: Nandi Proteins Ltd and Exterity Ltd. Both of these investments are made through the Sigma Technology Venture Fund, a fund that is managed by Sigma.

  • Early-stage
  • 23 February 2006
GERMANY - All change at top fashion house

Change Capital Partners, the private equity firm specialising in branded goods and retail, and the Prada Group have announced that Change Capital Partners is to acquire the Jil Sander Group.

  • Buyouts
  • 23 February 2006
UK - Bestport Ventures invests in Mfuse Ltd

London-based Bestport Ventures has invested £650,000 in Mfuse Ltd, a leading provider of mobile gambling and gaming software platforms.

  • Expansion
  • 22 February 2006
SPAIN - EIF and CDTI launch new investment programme

The EIF (European Investment Fund) and CDTI (Centro para el Desarrollo Tecnológico Industrial) have today announced the launch of a new type of investment mandate. The programme is the culmination of over a year of collaboration between CDTI and the...

  • Southern Europe
  • 22 February 2006
FRANCE - European Capital invests in Tokheim buyout

European Capital, S.A. SICAR has announced today it has invested EUR 14m in the mezzanine and second lien facilities of Tokheim SAS, the leading European supplier of retail fuel systems. European Capital’s investment represents a share of the mezzanine...

  • France
  • 22 February 2006
ESTONIA - MartinsonTrigon launches TVCorp for international TV projects

MartinsonTrigon, the Baltic venture capital fund, has agreed to invest EUR 1.4m into OÜ TVCorp, a holding company which will be involved in various international TV projects.

  • Expansion
  • 22 February 2006
UK - LDC recruits in the Midlands

LDC has strengthened its team in the Midlands with the appointment of Tim Newman as business development director.

  • People
  • 22 February 2006
SWEDEN - Oracle buys VC-backed HotSip

Oracle Corporation has entered into an agreement to acquire Swedish HotSip AB, which is backed by 3i, Argnor Wireless Ventures, GO Capital and Ledstiernan.

  • Exits
  • 22 February 2006
UK - Barclays and Lloyds TSB support insurance broker

Leeds based Barclays Leveraged Finance (BLF) and Lloyds TSB Corporate Acquisition Finance have acted as joint mandated lead arranger in the provision of a £53m finance package to Oval, a leading industry consolidator in the corporate insurance broking...

  • UK / Ireland
  • 21 February 2006
UK - AdEPT Telecom floats on AIM

AdEPT Telecom has acheived an IPO on the Alternative Investment Market (AIM) of the London Stock Exchange. Overall a total of 5.8 m common shares at a price of 140 pence were placed to institutional and other investors in the UK and Europe. The net proceeds...

  • Exits
  • 21 February 2006
EUROPE - LBO market smashes EUR 100bn barrier

2005 saw further significant growth in the European buyout market with the total value of deals topping EUR 100bn for the first time ever, according to the latest European Buyout Review due to be published in March 2006 by Incisive Media in association...

  • UK / Ireland
  • 21 February 2006
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