Sector
Auriga reaps 33x multiple on Neolane exit
Auriga Partners has realised a substantial 33x money multiple on its exit from Paris-based Neolane to Adobe for $600m.
Octopus backs UltraSoC
Octopus Investments has invested a further $2.3m in a series-B funding round for UltraSoC, a UK-based provider of system-on-chip infrastructure (SoC).
Heptares raises $21m from Clarus and Takeda
Venture capital firms Clarus Ventures and Takeda Ventures have backed a $21m round for UK-based drug discovery and development company Heptares Therapeutics, alongside the Stanley Family Foundation.
Langholm nearing exit from Tyrrells
Langholm Capital, private equity owner of UK-based Tyrrells, is one step closer to selling the crisp maker for ТЃ100m as first round bids come to a close.
Balderton Capital et al. back Contentful
Balderton Capital and Point Nine Capital have provided seed funding for Contentful, a Berlin-based content management platform for web and mobile applications.
Sitra et al. back Omegawave
Sitra has led a тЌ1.6m financing round for Omegawave, alongside Conor Venture Partners and three other stakeholders.
Young Associates backs $10m round for XConnect
Young Associates and existing investor Crescent Group have taken part in a $10m funding round for XConnect, a provider of federation-based interconnection and registry services.
PE-backed Aston Martin used as collateral for owner's debt restructuring
British car-maker Aston Martin, which is part-owned by private equity firm Investindustrial, has been used as collateral by its majority backer, The Investment Dar (TID) in a fresh debt restructuring plan with creditors.
Private equity's trepidation over European shale
The US shale gas revolution has transformed the countyтs energy market, not only reducing imports but also significantly decreasing the cost of gas. This phenomenon has surely raised a few European investor eyebrows, wondering how to benefit from similar...
Triton acquires majority stake in Infratek
Triton has agreed to acquire a 76.3% stake in OSE-listed Infratek from its two largest shareholders Fortum Nordic and Hafslund.
Abraaj Group acquires Fan Milk from Maj Invest
Abraaj Group has agreed to acquire Fan Milk International from the Emborg family, Maj Invest Equity and the management.
Karolinska backs Forendo Pharma
Karolinska Development has invested тЌ1.2m in a series-A funding round for Finnish drug development company Forendo Pharma.
Investinor leads NOK 37.5m round in BerGenBio
Investinor has led a NOK 37.5m funding round in Norwegian biotechnology company BerGenBio.
Charterhouse considers Elior IPO
Charterhouse is considering the flotation of French catering business Elior, due to a lack of bids for the company reaching the firm’s €4bn asking price, according to the Financial Times.
Isis invests £3.5m in MBO of Armstrong Craven
Isis Equity Partners has backed the management buyout of UK-based specialist search and intelligence consultancy Armstrong Craven with a ТЃ3.5m investment.
Arkéa invests €2m in Lyamtech
Arkéa Capital Investissement has invested €2m in orthopaedic footwear company Lyamtech.
Sarsia Seed et al. pump NOK 5.5m into Vaccibody
Norwegian pharmaceutical firm Vaccibody has received NOK 5.5m in funding from existing investors including Sarsia Seed.
Endless supports James Briggs MBO
Endless has backed the management buyout of aerosol and speciality chemical supplier James Briggs.
Scope Capital leads $9.4m round for Artificial Solutions
Scope Capital has led a $9.4m funding round from existing backers for Artificial Solutions, a developer of orally interactive software based in Stockholm.
Gimv and EdRip back Complix with €12m
Gimv and Edmond de Rothschild Investment Partners (EdRip) have led a €12m series-B round for Belgian biopharmaceutical company Complix.
Triton acquires Logstor from Montagu
Triton has agreed to acquire Danish pipe systems supplier Logstor from Montagu Private Equity and other shareholders.
UK tech investments: opportunities and pitfalls
The UK's tech space might be once again a target of choice for private equity, but speakers at a Taylor Wessing seminar recently warned investors to tread carefully to make the best of the good times ahead. Greg Gille reports
Ratos increases ownership in Jøtul
Ratos has agreed to acquire additional shares in Norwegian wood stoves maker JУИtul from Accent Equity for NOK 12m.
Nordic Capital exits EG, reaps 4x money
Nordic Capital has agreed to sell Danish IT software and services provider EG to Axcel for тЌ160-170m, reaping a 4x money multiple and a 30% IRR.