Sector
Encore Capital exits Pure360, reaping 4x and 47% IRR
Encore Capital has sold digital marketing software company Pure360 for £10m, reaping a 4x return on the original investment and an IRR of 47%.
Corsair’s Davies eyes Lloyds
Former trade minister Lord Mervyn Davies, vice-chairman of US-based private equity firm Corsair Capital, is in the midst of assembling a group of investors to acquire a £10bn stake in Lloyds Banking Group, according to reports.
B4 Investimenti buys 24% stake in Migeca
Italian private equity investor B4 Investimenti has completed its maiden investment with the acquisition of a 24% stake in catering group Migeca.
Sovereign supports Eden’s HASS acquisition
Eden Supported Living, backed by buy-and-build specialist Sovereign Capital, has acquired Housing & Support Solutions (HASS).
Leaf leads €1m round for BlikBook
Leaf Investments has led a €1m funding round for BlikBook, a university online interaction platform, alongside Delta Partners, Forward Investment Partners and Enterprise Ireland.
BGF backs Better Bathrooms with £10m
Business Growth Fund (BGF) has injected £10m into UK-based bathroom retailer Better Bathrooms in exchange for a minority stake.
Deutsche Boerse leads $20m Zimory investment
Berlin-based cloud management software business Zimory has secured $20m in funding led by new investor Deutsche Boerse.
Isis picks up 35% stake in Nigel Frank
Isis Equity Partners has acquired a 35% stake in recruitment agency Nigel Frank International alongside HSBC Bank in a £22m investment.
Isis backs BathEmpire with £8.5m
Isis Equity Partners has injected £8.5m into BathEmpire.com, an online bathroom products retailer.
Synova-backed Clearwater in bolt-on
Specialist care provider Clearwater Care, a portfolio company of Synova Capital, has acquired TL Care, a UK-based supported-living provider.
Halder acquires Wback in MBO
Halder Beteiligungsberatung has backed the management buyout of German bun producer Wback.
Rabo Capital looks to sell DORC
The private equity division of Rabobank, Rabo Capital, is planning to sell portfolio company Dutch Ophthalmic Research Centre (DORC).
MPVenture sells Sempla to GFT Technologies
MPVenture has divested its 80% stake in IT consultancy company Sempla to GFT Technologies, reaping a money multiple in excess of 2x.
Axa PE ups stake in Genesi Uno
AXA Private Equity is to acquire Unicredit’s 40% stake in Holding di Investimenti in Sanità e Infrastrutture (HISI), the holding company of hospital construction firm Genesi Uno, increasing its overall shareholding to 80%.
CPE's Orège raises €20.1m in IPO
Orège, the French sludge treatment company backed by Climate Change Capital Private Equity (CPE) and Oraxys, has raised €20.1m in a flotation of 6.2 million new shares on the NYSE Euronext Paris, valuing the company at €57.7m.
ECI sells CliniSys to Montagu, reaps 2.5x return
ECI Partners has sold CliniSys, a provider of IT systems to the healthcare sector, to Montagu Private Equity, reaping a 2.5x money multiple on its investment.
Turkey’s Evim.net raises $5m
Evim.net, a Turkish homeware e-commerce site, has raised a $5m series-A round from 212, Simile Ventures and the European Bank for Reconstruction and Development (EBRD).
Northzone backs £9.5m Ocapo series-A round
Northzone Ventures has led a £9.5m series-A funding round for online performance marketing and technology company Ocapo.
IK mulling sale of Axtone
IK Investment Partners is reportedly planning to exit Axtone, a Polish rail freight buffer manufacturer.
Dwell bought back by founder
Dwell, a UK-based furniture chain backed by Key Capital Partners that went into administration at the end of June, has been bought back by founder Aamir Ahmad.
CloudArena raises $1.5m from Aslanoba and 212 Capital
Istanbul-based CloudArena, a hospitality-focused cloud software provider, has received $1.5m in early-stage funding from Aslanoba Capital and existing backer 212 Capital Partners.
VC investors back Magine
A number of Swedish and international investors have closed a series-A funding round of $19m for Magine, a Swedish cloud-based cable operator.
EdRip injects €5m into Prozone-Amisco
Edmond de Rothschild Investment Partners (EdRip) has invested €5m in Prozone-Amisco, a French sports data business that is also backed by XAnge Private Equity and Midi Capital.
ECI eyes £150m sale of CarTrawler
ECI Partners is preparing its Dublin-based portfolio company CarTrawler for a possible auction that could value the business at £150m, according to reports.