Sector
Private equity firms circle Card Factory
UK greetings card retail chain Card Factory, backed by Charterhouse Capital Partners, has attracted interest from Advent International, KKR and Clayton Dubilier & Rice.
Enterprise Ventures fund backs Centaur
The North West Fund for Venture Capital, managed by Enterprise Ventures, has backed a £750,000 funding round for Centaur Technologies alongside the Lancashire Rosebud Fund.
VCs reach for the cloud
Silver linings
Kelso's Nicole Farhi goes under
High-end fashion company Nicole Farhi, backed by Kelso Place, has gone into administration.
Terra Firma’s Deutsche Annington holds off on IPO
German housing company Deutsche Annington Immobilien (DAI), which is backed by Terra Firma Capital Partners, has reportedly postponed its €1.1bn IPO on the Frankfurt Stock Exchange due to low investor demand.
Axa PE-backed Saur in debt-for-equity swap
Saur, a French water company backed by Axa Private Equity and sovereign wealth fund FSI, will be taken over by its lenders later this month.
Carlyle picks up Oaktree’s Chesapeake
Carlyle has acquired packaging company Chesapeake from Irving Place Capital and Oaktree Capital Management.
MAIP exits Red Bee Media to Ericsson
Macquarie Advanced Investment Partners (MAIP) has sold UK-based media company Red Bee Media to Swedish communications technology company Ericsson.
Albion exits Opta for £40m, reaps 3x money
Albion Ventures has divested its stake in London-based Opta, a provider of sports data and analysis, to trade player Perform Group for £40m, reaping a 3x money multiple.
Nord Holding exits Goebel
Nord Holding has sold German paper manufacturing business Goebel Schneid-und Wickelsysteme (Goebel) to engineering group IMS Deltamatic.
L Capital acquires CellularLine
L Capital and DVR Capital have jointly bought a 57% stake in CellularLine, a provider of accessories for smartphones and tablets, from the company’s founders.
CVC appoints Benelux and TMT adviser
CVC Capital Partners has appointed Tenet chief executive Duco Sickinghe to its Benelux and TMT advisory boards.
Phenomen Ventures backs Delivery Hero
Russian VC Phenomen Ventures has led a $30m series-D financing round for Delivery Hero, an online food ordering platform.
Principia backs Im3D with €2m
Italian VC investor Principia has injected €2m into oncologic medical imaging company Im3D Clinic Sud.
Frog divests GB Group
Frog Capital has sold its stake in AIM-listed GB Group, a software company specialising in ID verification.
Herkules acquires majority stake in PTC
Herkules Capital has acquired a majority stake in Stavanger-based oil services firm Petroleum Technology Company (PTC).
Investec provides £110m debt package to Sun's Paragon
Investec Growth & Acquisition Finance has provided a £110m integrated debt facility to refinance the acquisition of Paragon Print & Packaging by Sun European Partners.
Odyssée et al. back eNovance
Odyssée Ventures and Entrepreneur Venture have backed eNovance, a provider of open-source cloud computing, with a €6m investment alongside banks BNP Paribas and Oséo.
Blackstone and Lion eye Lucozade and Ribena
Blackstone and Lion Capital are to join forces and make a formal bid exceeding £1bn for Lucozade and Ribena, owned by GlaxoSmithKline, according to reports.
CVC-backed Matas in €630m IPO
Matas, a Danish beauty products retailer backed by CVC, has listed on the Copenhagen stock exchange.
Investinor exits PingCom
Investinor has sold Ping Communications (PingCom), a Norwegian broadband internet access devices and software provider, back to the company's founder.
Maven injects £3.8m into Lambert Contracts
Maven Capital Partners has invested £3.8m in Paisley-based Lambert Contracts.
LDC backs £62m Angus Fire MBO
LDC’s Manchester office has supported the £62m management buyout of Angus Fire from NYSE-listed United Technology Corporation (UTC).
VC-backed Prosensa raises $78m in IPO
Dutch biotechnology company Prosensa Holding, which is backed by a consortium of venture capital firms, has listed on the Nasdaq Global Select Market in an IPO valuing the business at $408m.