Sector
Anchors away
Headlines are rife with updates on the credit crunch and every week a new bank is said to be in need of some sort of a bailout in the US or UK, yet somehow some positive news has been sailing through on the fundraising front. Recent closings of funds...
The sleeping giant stirs
For years, Germany has been viewed as the sleeping giant - at least in terms of potential for private equity investments. Many GPs see vast potential, but the country has so far not quite lived up to these expectations. Then came the credit crunch, and...
2008 DVCA Toplederconference
On 5 March, the Danish Venture Capital Association held its annual venture capital and private equity conference in Copenhagen. The day-long event included a number of high-profile speakers and a bit of controversy ... Linn Ronning reports
FINLAND – Eqvitec buys majority stake in Scaninter
Eqvitec Technology Fund III, together with Finnish Industry Investment Ltd, have acquired a majority stake in Oy Scaninter Nokia Ltd, a vertical access equipment manufacturer, for an undisclosed value.
UK - NBGIPE sells heating company to engineering conglomerate
NBGI Private Equity has sold Hamworthy Heating, a designer and manufacturer of commercial heating equipment, to French engineering conglomerate Atlantic Sfdt.
FRANCE – Wendel raises interest in Saint-Gobain to 20%
Wendel’s interest in listed company Saint-Gobain has been raised to 20.6% giving them 19.6% of the voting rights.
UK - Foresight makes three investments
Foresight Group has made three new investments in the environment sector, totalling ТЃ14m.
UK - South East Growth Fund injects £250,000 ino Lexara
The South East Growth Fund (SEGF) has invested ТЃ250,000 into educational media provider Lexara Ltd.
GERMANY - Consortium raises EUR 25m for Pieris
Healthcare-dedicated fund OrbiMed Advisors LLC has led a EUR 25m Series B round for Pieris AG, a bio-pharmaceutical company. All existing investors participated in this financing round including Novo Nordisk and Gilde Healthcare Partners.
SPAIN – Arques Industrie exits from chemical manufacturer
Arques Industries AG has sold its stake in chemical manufacturer Oxiris Chemicals to Ludwingshafener Raschig Gruppe in a deal valued at approximately EUR 10.5m.
ITALY – Ambienta reaches first closing on EUR 124m
Ambienta has reached the first closing of its first vehicle, Ambienta I on EUR 123.75m. Commitments were provided by Italian and financial institutions, industrial groups and Italian and international private investors. The second fundraising stage, which...
GERMANY – High-Tech Gründerfond leads seed round
High-Tech Gründerfond along with business angels and strategic investor Vita 34 AG has led a seed financing round for Urotec GmbH, a tissue engineering company.
UK - GLG in $100m funding round for SpinVox
GLG Partners, Blue Mountain Capital and Toscafund Asset Management have invested $100m alongside Goldman Sachs in SpinVox, a speech recognition technology group.
GERMANY - Square Four Investments acquires Erich Rohde KG
Square Four Investments has, together with investment bank Morgan Stanley, acquired insolvent Erich Rohde KG Schuhfabriken, a shoe manufacturer, for an undisclosed amount.
SPAIN – Caja Inmaculada acquires 25% stake in engineering firm
Caja Inmaculada (CAI) has acquired a 25% stake in engineering company ASE Soluciones through a capital expansion deal.