Sector
FRANCE - I-Source exits Advestigo
I-Source has sold copyright protection company Advestigo to Hologram industries, a global producer and distributor of high security optical solutions, for an undisclosed sum.
UK - Foresight backs ICA Group buyout with £2m investment
Foresight Group has invested ТЃ2m to back the buyout of ICA Group Ltd, a document management solutions provider.
UK - Albion invests £1.5m in Mirada
Albion Ventures has invested ТЃ1.5m to back the buyout of software company Mirada from Siemens.
FRANCE - Close Brothers hires new MD
François Wohrer has joined Close Brothers as a managing director in the firm's Paris office.
Of timing and opportunity
The market has ground to a halt. In the UK, deal flow has almost halved from a year ago to just 20-25 deals a month nowadays. But this hides the fact that a strong undercurrent lies beneath. Everyone is busy, trimming down costs, refinancing, reorganising;...
UK - Rutland Partners interested in JJB Sports
According to reports, Rutland Partners is said to have made an approach to JJB Sports regarding a possible acquisition of the firms health and fitness arm.
POLAND - ARX backs pet retailer Kakadu
ARX Equity Partners, an independent firm spawned from DBG Eastern Europe, has acquired a majority stake in Polish retailer Kakadu Sp. z o.o.
Beauty or the beast?
Private equity's bad rap has spread from trade unions to vendors to Brussels. The industry will overcome this for myriad reasons: its attempts to stave off negativity; its ability to efficiently execute deals and, most of all, the fact that sellers may...
SWEDEN - Nordic Capital-backed Plastal files for bankruptcy
Nordic Capital-owned Plastal Holding AB, a supplier of parts to the European automotive industry, has declared insolvency and filed for bankruptcy.
GERMANY - Odewald KMU acquires Ebert Hera Holding
Odewald KMU has acquired the majority of Ebert Hera Holding for an undisclosed sum.
GERMANY – HTGF invests in sim4tec GmbH
High-Tech Gründerfonds has invested an undisclosed sum into sim4tec GmbH.
UK - PIF supports MG Electrical
Partnership Investment Finance (PIF), managed by YFM Venture Finance, has supported MG Electrical, a manufacturer of energy-saving lighting products, with a ТЃ60,000 loan.
NORWAY - Herkules-backed NIG goes into administration
Herkules-owned home retailer Nordic Interior Group (NIG) has gone into administration. NIG consisted of three separate business units: TilBords, which was taken over by Herkules Private Equity Fund II last week prior to NIG's liquidation; Festival Engros,...
NETHERLANDS - BioGeneration and CAPE back FlexGen
BioGeneration Ventures and Crédit Agricole Private Equity have participated in a new round of financing for Dutch biotech company FlexGen.
UK - New group Rockley launches EUR 100m fund
Rockley Group, a new technology-focused investor founded by two established business angels, has launched its inaugural third party fund, Rockley Follow-On Fund, which will have a target of EUR 100m.
UK - Enterprise Ventures leads Ensembli funding
Enterprise Ventures (EV), through the RisingStars Growth Fund II, has invested an undisclosed sum into software business Ensembli, alongside South Yorkshire Investment Fund's Seedcorn Fund and The Viking Fund.
DENMARK - Axcel appoints Better Place CEO to industrial board
Axcel has appointed Jens W Moberg, CEO of electric car network developer Better Place, to its industrial board.
FRANCE - TowerBrook to take over Autodistribution in French "pre-pack"
According to reports, UK-based private equity group TowerBrook Capital Partners is planning to take ownership of French auto supplier Autodistribution in a restructuring deal.