Sector
Cognetas divests KSM Castings to CITIC Dicastal
Private equity house Cognetas has divested automotive industry supplier KSM Castings to CITIC Dicastal for an amount thought to be more than €300m.
PM&Partners, Fidia and Athena exit AIVE
Private equity houses PM&Partners, Fidia and Athena Private Equity have sold IT services provider AIVE Group to Cap Gemini for €42.9m.
VCs exit BiancaMed in trade sale
VC-backed Irish medical equipment company BiancaMed has been acquired by ResMed, in a deal that values the company at less than $50m.
MIG AG backs Antisense Pharma in new €8m round
Retail fund manager MIG Verwaltungs AG and Global Asset Management have invested a further €8m in biotechnology company Antisense Pharma GmbH.
Is pharma losing out on venture funding?
Despite mass publicity, early-stage software and technology companies have often played second fiddle to pharma on funding, but this could be about to change. John Bakie investigates
Gresham backs buyout of Walker
Gresham has acquired composite repair services company Walker Technical Resources in a secondary buyout from Maven Capital Partners and its founder shareholder.
Better Capital acquires Spicers for £40m
Better Capital has invested £40m to acquire UK and Irish stationery and office product supplier Spicers.
CCC backs NEURA with €8m
Climate Change Capital (CCC) has been the sole subscriber of an €8m capital increase carried out by Austrian renewable technology company NEURA.
Penta backs telecoms buy-and-build platform with £60m
Penta Capital has provided an initial £60m funding package to support a new company that will acquire service providers to the UK managed data sector.
Ratos receives SEK 290m dividend from Inwido
Ratos has received SEK 290m from a dividend payment, totalling SEK 301m, from Swedish window manufacturer Inwido.
Incitia partially exits Algeta – reaps 8x
Incitia Ventures has sold 50% of its shareholding in Oslo-based biotech company Algeta ASA, generating an 8x return on investment.
Tiger Global subscribes to €3m Mequedouno round
US private equity firm Tiger Global Management has subscribed to the €3m capital increase carried out by Spanish online sales website Mequedouno.
Carlyle et al circle Spain’s Mare Nostrum
Buyout firms Carlyle Group, Apax Partners, Cerberus Capital Management and TPG have placed first-round bids for a stake in Spanish savings bank group Mare Nostrum.
RJD backs £30m MBO of Intrinsic Technology
RJD Partners backed the £30m MBO of UK provider of ICT and unified communications solutions Intrinsic Technology Limited.
IK acquires Savena in SBO
IK Investment Partners has acquired French food ingredient manufacturer Savena from Azulis Capital and Céréa Capital.
Consortium invests $6.7m in myFC AB
A consortium, including KTH Chalmers Capital and the Sixth Swedish National Pension Fund, has invested $6.7m in Swedish fuel cell technology company myFC AB.
Alpha sells Mecatherm to Wendel for €170m
Alpha has agreed to sell Mecatherm, a French manufacturer of production lines for bakery products, to industrial holding Wendel.
Blackstone buys confectionery manufacturer Tangerine
Blackstone Group has acquired Growth Capital Partners' (GCP) 40% stake in sugar, confectionery and popcorn manufacturer Tangerine in a deal worth more than £100m.
French tech investments in need of higher gear?
Although optimistic about the sector’s growth prospects in the coming months, French tech entrepreneurs claim capital is hard to come by. Do tech-focused venture firms need to step up their game? Greg Gille reports
Simbiosis considers €35m Cacaolat rescue
Simbiosis Venture Capital is considering rescuing Cacaolat, the beleaguered Spanish chocolate shakes-to-biscuits company owned by food group Nueva Rumasa.
Advent buys Mondo Minerals in SBO
Advent International has entered exclusive talks to acquire Mondo Minerals in a secondary buyout from HgCapital.
Bridgepoint in race for Infront Sports & Media
Bridgepoint is the last PE firm remaining in the auction for Swiss sports marketing agency Infront Sports & Media, according to media reports.
CapMan’s Eastway merges with AVAB CAC
CapMan’s portfolio company Eastway has merged with Norwegian AVAB CAC AS and AVAB CAC Bergen AS.
Industrifonden et al. invest in Sol Voltaics
Industrifonden and other investors have injected SEK 40m in Swedish solar cell company Sol Voltaics AB.