Sector
SWITZERLAND - Vinci appoints partner
Swiss private equity firm Vinci Capital has appointed Xavier Paternot as partner.
GERMANY - Earlybird leads azeti investment
Earlybird has led a first round of financing for software company azeti Networks GmbH, alongside NRW Bank.
FRANCE - Ventech and Auriga invest EUR 2m into BonitaSoft
Ventech and Auriga Partners have invested EUR 2m into software company BonitaSoft.
GREECE - Apax, TPG consider Wind Hellas debt
Apax Partners and TPG are considering investing new money into Greek telecom giant Wind Hellas (formerly TIM Hellas) as the company looks to restructure its EUR 3.2bn debt pile.
UK - Crescent Point Group et al. invest in XConnect
Crescent Point Group, alongside return backers Accel Partners, Grazia Equity and Venrock, has invested $10m in telecom company XConnect, as part of a series B funding round for the company.
UK - Bridges Ventures exits Insurance Dialogue
Bridges Ventures has sold portfolio brokerage company Insurance Dialogue to trade buyer Equity Insurance Group for an undisclosed sum.
UK - Cobalt Corporate Finance bolsters team
Mid-market technology, media and telecoms adviser Cobalt Corporate Finance has hired David Ford to join its team.
GLOBAL - Advent International appoints three new partners
Advent International has hired three operating partners to advise the firm on investment opportunities in the technology and telecoms sector: Richard Atkins, Sergio Giacoletto and John Hughes.
GERMANY - Wellington appoints Christian Reitberger partner
Venture firm Wellington Partners has appointed Christian Reitberger as partner in the technology team in the Munich office.
FRANCE – Auriga invests EUR 3m into Convertigo
Auriga Partners has provided Convertigo, an internet company, with EUR 3m in a first round of financing. The investment round took four months to complete.
Cause for optimism
Q2 figures from unquote" show that deal activity in the Nordic region is picking up. Rikke Lilla Eckhoff takes a closer look at the numbers
UK - LDC backs £115m IBO of 1st – The Exchange
LDC has invested ТЃ42m towards the ТЃ115m buyout of financial services support specialist 1st - The Exchange.
SWEDEN - Industrifonden and Eqvitec back eBuilder with SEK 40m
Industrifonden and Eqvitec Partners have invested SEK 40m into eBuilder, a developer of business process integration systems.
NORWAY - CLP appoints Opera Software general counsel as new partner
Oslo-based law firm CLP has appointed Stephan Brodschöll as partner.
FINLAND - Sentica closes latest fund above target on EUR 113m
Finnish private equity firm Sentica Partners has held a fourth close of its lower mid-market buyout fund on EUR 113m, exceeding its EUR 100m target.
UK - Maven invests £1m into Vamosa
Maven Capital Partners, via the Capital Enterprise Fund, has invested ТЃ1m in Vamosa, a provider of software for Enterprise Content Governance.
NETHERLANDS - PPM backs VIBES
Participatiemaatschappij Oost Nederland (PPM Oost) has invested an undisclosed amount in engineering firm Virtual Building Enginners (VIBES).
UK - Octopus leads £4.5m KeTech investment
Octopus Investments, through the Octopus Capital for Enterprise Fund, has invested ТЃ2m into systems integrator company KeTech Group as part of a ТЃ4.5m funding round for the business. Centric Commercial Finance provided ТЃ2.5m of invoice discounting...
GERMANY - MIG leads nfon investment
MIG Funds has led an investment into web-based telephone company nfon AG, alongside Earlybird and High-Tech Gründerfonds, in a high single digit million Euro third round of funding.
NETHERLANDS - PPM Oost backs Pillkey
Participatiemaatschappij Oost Nederland (PPM Oost) has invested an undisclosed sum in medical equipment company Pillkey, alongside software developer and supplier Inforay Inernational.
UK - HSBC-backed Amtech up for grabs
Inspection software provider Amtech, backed by HSBC Private Equity, has reportedly been put up for sale by its private equity owner and management, with the price tag thought to be around ТЃ40m.
SWEDEN - FSN takes 65% stake in Tactel
FSN Capital has acquired a 65% stake in Tactel, a developer of mobile software technology from the founders.
The VCT generation
Despite stricter government regulations and a harsh investment climate, it would seem that the VCT industry is still active and looking for new and creative ways to invest, writes Deborah Sterescu
UK - LTF et al. complete follow-on investment into Acrobot
A syndicate of investors including The London Technology Fund (LTF), Imperial Innovations and PUK Ventures, has completed a further investment in medical devices company Acrobot.