Sector
The year of the portfolio
The numbers are in for 2008 and the picture is bleak across Europe. Only countries such as Italy or Portugal posed (small) exceptions to the overall trend. Remembering the beginning of 2008, when the effects of the credit crunch had already taken hold...
Forward thinking
Major players in the region give their view on the upcoming year to Francinia Protti-Alvarez
GERMANY - BayBG supports AUVICA
BayBG Bayerische Beteiligungsgesellschaft has invested an undisclosed sum into internet software provider AUVICA GmbH, acquiring a a minority stake. In addition, BayBG provided a mezzanine package in the form of a silent partnership.
ITALY - BCC acquires minority stake in Euromisure
BCC Private Equity has acquired a 49% stake in industrial thermometry specialists Euromisure Srl, with the founding owners holding the balance of the equity.
UK - Abingworth raises £84m co-investment fund
International life sciences and healthcare investor group Abingworth has closed an ТЃ84m co-investment vehicle, Abingworth Bioventures V Co-Invest Growth Equity Fund LP, which is designed to invest alongside Abingworth Bioventures V and brings the total...
PORTUGAL - Magnum acquires Generis
Spanish fund Magnum Capital Industrial Partners has wholly acquired Portuguese pharmaceutical firm Generis in a deal understood to be valued at around EUR 208m.
UK - Rho Ventures invests $30m into Patersons HR
US-based Rho Ventures has led a $30m series-A round of payroll software services provider Patersons HR and Payroll Solutions.
CIS - Generali interested in Ingosstrackh
Reports suggest that Russian insurer Ingosstrackh's owner Oleg Deripaska could sell the majority of his 60% stake in the company to Italian group Assicurazioni Generali SpA.
NETHERLANDS - ACC-backed Baarsma acquires Swiss Rutishauser
AAC Capital Partners-backed Baarsma Wine Group, a wine distribution business, has acquired Swiss wine business Rutishauser Weinkellerei.
AUSTRIA - 3TS Capital Partners exits PXP Software AG
3TS Capital Partners has divested its majority stake in PXP Software AG to the company's management.
UK - NBGI adds Smollensky's to menu
NBGI Private Equity has acquired Smollensky's Bar & Grill, a chain of steak restaurants, to add to its Kornicis portfolio of restaurants.
CEE - Enterprise Investors backs Dystrybucja Polska
Enterprise Investors has acquired a 30% stake in non-addressed mail distributor Dystrybucja Polska (Polish Distribution) in a deal valued at PLN 6m (approx. EUR 1.5m).
NETHERLANDS - IK exits Wehkamp
IK Investment Partners has sold Dutch online shopping site Wehkamp to a group of private investors for an undisclosed sum.
NORWAY - Norvestor acquires Intelecom for NOK 173m
Norvestor has obtained acceptance from shareholders representing 97.3% of the share capital of communications company Intelecom Group ASA for its NOK 6 a share takeover offer, which values the business at NOK 173m, and has initiated a compulsory squeeze-out....
UK/US - Accel raises more than $1bn
Global venture capital firm Accel Partners has closed two news funds, Accel London III and Accel Growth Fund, on $480m and $525m respectively.
UK - ATEP leads £2.6m Digital Healthcare funding
Alliance Trust Equity Partners, the private equity arm of investment trust Alliance Trust Plc, has led a ТЃ2.6m funding round for Digital Healthcare, a specialist provider of retinal screening software, alongside YFM Group, Noble Group and Paris-based...
UK - Cyrte Investments backs RDF Media acquisition
Dutch investor group Cyrte Investments, through its fund Dasym Investments III BV, has backed the management buyout of AIM-listed television production company RDF Media Plc.
GLOBAL - Allocation concerns dominate LPs
According to the latest Coller Capital Global Private Equity Barometer , produced in association with private equity consultancy IE Consulting, limited partners are increasingly concerned about their private equity allocation, with two-thirds of respondents...
FINLAND - Via Venture et al. sell OptoGaN to Russian industrial investor
Via Venture Partners, VNT Management and Finnish Industry Investments Ltd, have wholly exited light emitting diodes (LED) chip company OptoGan Ltd to a group of Russian industrial investors led by the private investment fund ONEXIM Group.