Sector
FINLAND - Nordic Capital acquires CPS Color from IK
Nordic Capital has acquired CPS Color, a Vantaa-based supplier of tinting systems, from Industri Kapital for an undisclosed sum.
UK - Geocapital and HgCapital sell loss-making Axiom
Geocapital and HgCapital have sold service fulfillment software Axiom Systems Holding Ltd to Finnish telecom software solutions provider Comptel for ТЃ7m in an all-equity deal.
UK - Highland Capital invests in Autoquake
US-based Highland Capital Partners has led the ТЃ6m second round of funding in online used care retailer Autoquake alongside returning backer Accel Partners.
SPAIN – Nomura launches turnaround fund in Spain
Japanese investment bank Nomura has launched Thesan Capital in Spain, a private equity house specialising in turnarounds.
SPAIN – Santander creates fund dedicated to renewable energy
Santander Private Equity, a subsidiary of Grupo Santander has launched Santander Energías Renovables I, a EUR 15m fund.
SPAIN – Arques takes over courier company
Arques Iberia, the Spanish subsidiary of Arques Industries has acquired parcel delivery service, Agencia Servicios Mensajeria (ASM), for a symbolic purchase price.
UK - Adamant Ventures opens in Scotland
Swiss healthcare focused financial advisory firm Adamant Biomedical Investments has opened a venture capital arm in Edinburgh. Adament Ventures will target healthcare companies based in the UK, Scandinavia, Central Europe and the US.
DENMARK - TDC buys back its own debt
TDC, the Danish telecom giant owned by KKR, Apax, Blackstone, Permira and Providence Equity Partners, has completed a debt-buy back of EUR 200m.
CEE - Mid Europa acquires CM LIM
Mid Europa has wholly acquired Polish healthcare provider Centrum Medyczne LIM.
UK - CVC appoints new head of telecoms
CVC Capital Partners has appointed Lorne Somerville as new head of telecoms.
GERMANY - Cerberus evaluates opportunities in Germany
According to press reports, Cerberus is scouring Germany for potential acquisitions. It has been reported that the US house is interested in acquiring telecoms business SEN from Siemens and ailing bank IKB.
RUSSIA – Aurora Russia acquires Volzhski Universalny Bank
Aurora Russia has wholly acquired Russian Volzhski Universalny Bank (VUB) through its Cypriot holding Flexinvest. Of the £6.36m invested in Flexinvest, £4.52m was used to purchase VUB, the £1.87m balance was invested in the bank to cover post-acquisition...
FRANCE – Meridiam closes EUR 600m infrastructure fund
Crédit Agricole subsidiary Meridiam Infrastructure has closed a EUR 600m fund. The fund will be dedicated to investments in infrastructure projects financed by public/private partnership contracts or subject to concessions.
FRANCE – Demeter injects EUR 1.5m in TREZ
Demeter Partners has invested EUR 1.5m in TREZ in a first round of financing. TREZ plans to industrialise an innovative patented zinc-bearing hazardous waste process originating from the surface treatment industry. The financing round will be used to...
FRANCE – Blackstone seeking Vitalia Exit
The Blackstone Group is reportedly seeking to divest healthcare clinic operator Vitalia. The company has 46 clinics and generates around EUR 650 million in revenues.
High stakes
Venture may be set for good times, but success will continue to be lumpy and enjoyed by a limited number of players
Survival of the fittest
Consolidation will continue as VCT firms without experience and scale get swallowed up, says Mark Wignall at Matrix Private Equity Partners
UK - Truphone raises £16.5m series-B funding
A group of investors has invested ТЃ16.5m in VOIP company Truphone. Backers include exisiting investors Burda Digital Ventures, Independent News & Media, Eden Ventures and Wellington Partners Venture Capital, as well as private investors.
UK - 3i portfolio company buys Allclear Clinic
Ultralase, which was bought by 3i in February, has acquired Belfast-based Allclear clinic, a refractive clinic, from the Quality Healthcare Group.
UK - Bowmark backs £75m buyout of Healthcare Homes
Bowmark Capital has backed the ТЃ75m buyout of elderly residential care provider Healthcare Homes from August Equity.
UK - Gresham acquires Johnson Clothing
Gresham Private Equity has backed the mangement buyout of corporate wear provider Johnson Clothing Ltd (JCL) from Johnson Service Group Plc (JSG). The completion of the deal is subject to shareholder approval.