Sector
GERMANY - HTGF and BBAF invest EUR 550,000 into Autoaid
High-Tech Gründerfonds and BBAF Business Angels Fondsgesellschaft mbH have invested EUR 550,000 into car diagnostics software startup Autoaid GmbH.
UK - Scale and Balderton- backed ScanSafe sold to Cisco
Web security firm ScanSafe, backed by Scale Venture Partners and Balderton Capital Partners, has been sold to IT giant Cisco for approximately USD 183m in cash and retention-based incentives.
FRANCE - Ouest Ventures holds EUR 21m first close of Fund II
Ouest Ventures has held a first close on EUR 21m of its second FCPR fund, Ouest Ventures II.
GERMANY - HTGF and T-Venture back Yoochoose
High-Tech Gründerfonds (HTGF) and T-Venture have invested an undisclosed sum in recommendation software company Yoochoose.
SWEDEN - Almi et al. back Simatic with SEK 5m
Swedish regional venture investor Almi Invest has invested SEK 5m in Simatic AB, a supplier of logistics solutions, alongside Coach & Capital and a business angel.
FRANCE - MBO Partenaires purchases 30% of Caloga
MBO Partenaires has taken a 30% stake in internet portal Caloga, in a buyout transactiont that leaves the five company founders with a majority take in the company. A senior debt was arranged by Crédit Industriel et Commercial.
UK - Apax et al. to exit Tideway Systems
Apax Partners, Accel Partners, Scottish Equity Partners and Nesta are to exit portfolio company Tideaway Systems Limited, an IT discovery solutions business, through a trade sale to BMC Software.
DENMARK - EQT Infrastructure acquires Kommunekemi for EUR 35m
EQT Infrastructure has acquired hazardous waste management company Kommunekemi from The Local Government Denmark (LGDK), The Municipality of Copenhagen, and the Municipality of Frederiksborg, for an enterprise value of DKK 260m.
Growing returns
While many will spin off next year to set up smaller, growth-orientated investment houses, it will be because their financial-engineering worlds are crumbling. Others trod this path 10 years ago, even as their worlds were taking off in another direction....
GERMANY - High-Tech Gründerfonds invests in C2Call
High-Tech Gründerfonds has invested in VoIP company C2Call GmbH, alongside two angel investors.
AUSTRIA – Tecnet equity leads EUR 2m round for nxtControl
Tecnet Equity Technologiebeteiligungs-Invest AG, the investment fund of the federal state of Lower Austria, has led a EUR 2m investment round for software company nxtControl GmbH, taking a 38% stake in the company.
FRANCE - CDC and CapDecisif provide Caiman with EUR 2.5m
CDC Entreprises and CapDecisif have participated in an investment round for media support company Groupe Caiman, raising EUR 2.5m.
FRANCE - Oséo supports Ariana with EUR 1m
Oséo has provided Ariana Pharma, a software company focused on drug discovery, with EUR 1m as part of the IMAkinib initiative, a program focused on developing biomarkers for oncology.
GERMANY - Advent acquires GFKL Financial Services AG
Advent International has agreed to acquire a majority stake in GFKL Financial Services, an independent provider for debt collection and debt purchase services in Germany, from a consortium of institutional investors.
UK - Mercia et al. invest £400,000 into Allinea Software
Mercia Technology Seed Fund and Midven, via its Advantage Growth Fund, have co-led a ТЃ400,000 seed funding round for specialist software developer Allinea Software, alongside management.
UK - DN appoints principal
Media and technology-focused investor DN Capital has hired Tom Bradley as principal to the firm.
UK - Amadeus Capital invests in Linkdex
Amadeus Capital Partners, via its Amadeus Seed Fund and Amadeus III vehicle, has invested EUR650,000 into software company Linkdex.
CZECH - TA spends $200m on Czech security
TA Associates has paid more than $200m to acquire a minority stake in Czech computer security software firm AVG Technologies from incumbent private equity backers including Enterprise Investors.
FRANCE - Seventure invests EUR 1.6m into TalentSoft
Seventure Partners has provided software company TalentSoft with an investment of EUR 1.6m.
IRELAND - Kernel and Dermot lead $33m Intune investment
Kernel Capital and Dermot Desmond have led a funding round for telecoms equipment supplier Intune Networks worth close to $33m.
FRANCE - Icso backs EUR 4m AT Internet investment
Icso Private Equity and l'IRDI have provided software business AT Internet with an investment of over EUR 4m.
UK - YFM Venture Finance invests £400,000 into Lattice Voice
YFM Venture Finance, via its PIF and YHEF vehicles, has invested ТЃ406,000 into telecoms software company Lattice Voice Technologies.
GREECE - Argo-backed On Telecoms acquires Vivodi
On Telecoms, a telecommunications business backed by UK-based investor Argo Capital Management, has acquired broadband services provider Vivodi Telecom.
UK - LDC backs £11m carve-out of Homeserve Emergency Services
LDC has backed the management buyout of the emergency services division of listed home assistance membership business Homeserve plc, in a deal worth ТЃ11m.