Sector
The Dutch downturn in numbers
Francinia Protti-Alvarez explores the decline of the Dutch private equity market in search of some glimmers of optimism
CEE - CapMan Russia fund closes at EUR 118m
Capman has closed its latest fund, the Capman Russia fund, at EUR 118m, missing its EUR 150m target.
UK- Dunedin-backed WFEL secures £18m contract with US Dept of Defence
WFEL Limited, the defence engineering group backed by private equity house Dunedin, has secured an ТЃ18m contract with the US Department of Defense to supply it with military bridging systems.
FRANCE - Althera and Sopromec acquire Clairvoie
Althera Capital and Sopromec have acquired specialty food retailer Clairvoie in a secondary buyout, alongside the company's manager Bruno Madelaine.
FRANCE – NI Partners sells Lina's
NI Partners, part of Natixis Private Equity, has sold its portfolio company sandwich shop chain Lina's to Cogexco, a family holding specialised in the restaurant sector.
ITALY - PE-backed Weather Investments to restructure debt
It is understood that telecom holding Weather Investments is looking to restructure a tranche of its debt.
GERMANY – 3i-backed Labco acquires AescuLabor-Karlsruhe
3i-backed Labco has acquired AescuLabor-Karlsruhe, a medical diagnostics company based in Karlsruhe. In addition to a debt package provided by a bank syndicate, 3i supported the transaction with additional financing of up to EUR 65m.
UK- MBO in the cards for Robert Dyas
Reports suggest that hardware retailer Robert Dyas is in talks with its main backer Lloyds TSB over a potential management buyout.
GLOBAL - Kamil Salame joins CVC Capital
International private equity firm CVC Capital Partners has appointed Kamil Salame as partner and US head of its financial institutions group.
UK- Longbow Capital launches venture fund for Sipp investors
Healthcare venture specialist Longbow Capital has launched a venture fund designed for self-invested personal pension (Sipp) holders.
GERMANY – S-UBG backs MBO of Jouhsen-bündgens
S-UBG AG has alongside management increased its stake in portfolio company Jouhsen-bündgens Maschinenbau GmbH to 100%, acquiring outstanding shares from the company's founder.
GERMANY – IPIC acquires 70% of MAN Ferrostaal
The International Petroleum Investment Company of Abu Dhabi (IPIC) has acquired 70% of the shares of MAN Ferrostaal AG from MAN AG, which retains a 30% stake. MAN Ferrostaal will continue as an independent company.
EUROPE - Charterhouse closes ninth fund on EUR 4bn
Private equity firm Charterhouse has closed its latest buyout fund, Charterhouse Capital Partners IX, on EUR 4bn - EUR 2bn short of its target.
GERMANY – BayBG backs EUR 1m jCOM1 investment
BayBG and KfW banking group have jointly invested EUR 1m into software developer jCOM1 AG in the framework of a silent partnership.
SPAIN - Kennet leads EUR 14.9m BuyVIP funding
Kennet Partners has led a EUR 14.9m financing round for online retailer BuyVIP, alongside existing investors Bertelsmann Digital Media Investments (BDMI), 3i Group and Active Capital Partners.
GERMANY - Lemper leaves Aurelia Private Equity
Stefan Lemper, a partner at venture firm Aurelia Private Equity, has left the firm to join 3D chat world messengers club cooee GmbH as CEO.
FRANCE - Sofinnova leads EUR 4m investment into Neosens
Sofinnova Partners has led a EUR 4m investment into technology company Neosens, alongside Belgian investor Capricorn Ventures, GALIA Gestion, ICSO Private Equity and IRDI.
GERMANY - Pamplona backs all-equity buyout of automotive supplier
Pamplona Capital Management has, alongside the senior management team of the business, acquired automotive supplier TMD Friction from insolvency in an all-equity transaction.
GERMANY - T-Online Venture Fund invests in sones
T-Online Venture Fund has invested a single digit million euro sum into software company sones GmbH in a second round of financing.
UK - BPE to buy Kaboose's UK operations in £54m deal
Barclays Private Equity has agreed to acquire Canadian family-focused online media company Kaboose's UK business, Bounty Group Ltd, in a deal valued at ТЃ54m.
UK/US - GTCR- backed Boomerang buys Entertainment Rights
Boomerang Media, a media solutions company backed by chicago-based private equity firm GTCR, has acquired the US and UK operations of Entertainment Rights, the company that owns the licensing rights to children characters such as Postman Pat and George...
UK - EQT-backed SSP in danger of breaching covenants
Reports suggest that rail station caterer Select Service Partner (SSP) is in talks with its lenders, as falling commuter numbers have led to concerns that the company will breach the covenants on its ТЃ1bn debt.
UK - MML Capital backs £31m Vanguard MBO
MML Capital Partners has backed the ТЃ31m management buyout of surgical and diagnostic facility provider Vanguard Healthcare Solutions, providing a mezzanine loan alongside a significant equity investment.