Sector
UK - HNW's back WorkSmart solutions MBI
A group of high-net-worth individuals has backed the management buy-in of niche compliance software business WorkSmart Solutions. The deal value is thought to be under ТЃ10m.
SWITZERLAND/FRANCE – Argos Soditic tucks into Valora
Argos Soditic has bought three food production companies from Swiss logistics and retail holding company Valora Holding AG. Switzerland-based Roland Murten AG and Kägi Söhne AG and French company Cansimag France SA have been acquired for an undisclosed...
List-en to my fund
Listed funds suffered badly on the back of the liquidity crisis and negative press in 2007, with wide discounts the norm. Could investors be missing a trick or is there good reason to shy away?
FRANCE – Natixis & Seventure launch new funds
Natixis Private Equity and its subsidiary Seventure Partners have launched two new funds. Natixis has launched FCPR fund called Natixis Dévelopment and Création 2008 which will seek to invest in small to mid-cap companies. More specifically, at least...
ITALY – MPS Ventures in IT acquisition
MPS Ventures and Sapient spa have acquired software company Gruppo Datel.
GERMANY – SHS III reaches first closing
SHS III, the third fund managed by Tübingen-based SHS Gesellschaft für Beteiligungsmanagement, has raised EUR 40m from investors in Germany and across Europe. The fund is geared to financing young, innovative companies in the life sciences and healthcare...
FINLAND - Investcorp acquires Asiakastieto from GMT
Investcorp togther with management has acquired Asiakastieto, Finland’s largest credit and business information company, for an undisclosed sum from GMT Communications Partners III LP.
FRANCE – I-Source and OTC inject Rhapso with EUR 3.5m
I-Source Gestion and OTC Asset Management have invested EUR 3.5m in Rhapso in a second round of financing. The investment comes two years after I-Source’s initial investment of EUR 600,000.
ITALY - J Hirsch acquires 65% of Panini
J Hirsch & Co through its fund ILP III has acquired a 65% stake in Panini a company specialising in payment systems.
ITALY – Alto Partners in industrial manufacturer exit
Alto Partners have sold engineering firm Metalcastello to Mahindra & Mahindra and ICICI Venture Funds Management in a trade sale estimated at over EUR 100m in enterprise value.
UK - Fidelity sells B&B Electronics
Fidelity Equity Partners has sold portfolio company B&B Electronics, an industrial connectivity products manufacturer, to Graham Partners for an undisclosed sum.
UK - Bowmark backs Datix buyout
Bowmark Capital has backed the management buyout of healthcare software provider Datix.
FRANCE – Apax and LBO France back SBO of Maison du Monde
Apax Partners and LBO France have acquired a majority stake in Maison du Monde in a secondary buyout deal. The management will retain around 20% of the equity while original investor Ixen will hold a minority stake. The deal sees Barclays Private Equity,...
Q & A - The legal view
Nine months on from the first signs of a credit crunch, Nicola Bock talks to a crack group of private equity lawyers to assess where the market now stands and how things have changed
UK - NVM exits TFB for £9m
NVM has exited Technology for Business (TFB), a provider of specialist IT systems for law firms.
UK - five bidders interested in Safety-Kleen
Blackstone, Cinven, Hellman & Friedman, Montagu and Warburg Pincus are reported to all mades bids for Safey-Kleen, a service provider to automotive and industrial customers.
ITALY – MPS Ventures in double IT investment
MPS Ventures and Sapient spa have acquired software companies Datel and Cedass in a deal valued at EUR 20m.
UK - Endless invests in St Neots from new fund
Endless has taken a significant minority stake in specialist print and packaging company St Neots Packaging for an undisclosed amount.
EUROPE – DN Capital reaches EUR 50m first close
Unquoteт has learned from a limited partner that European early stage and growth equity investor DN Capital has reached a first close of its second fund, Global Venture Capital II (GVC II). The fund raised just under half of its EUR 100m target and should...
UK - Inflexion sells stake in Tekton for £21m
Inflexion Private Equity has sold it stake in software provider Tekton Group for ТЃ21m to Sage.
UK - Braveheart invests in AppShare
Braveheart Investment has taken part in a ТЃ180,000 funding round in software developer AppShare Ltd alongside University of Strathclyde.
UK - Accel hires new partner
Accel Partners has hired Sonali De Rycker as partner. She will join Accel's team in London.
UK - Maverick invests $50m in Realtime Worlds
Maverick Capital has invested $50m in a third round of funding in game developer Realtime Worlds.