Sector
On the road to transparency
The Walker report made some valuable recommendations but concerns and questions remain.[QQ]
DENMARK - Speaknet secures $10m from Via Venture Partners et al.
Speaknet, a Danish software company, has secured $10m from Via Venture Partners, NorthZone Ventures and Eqvitec Partners. The funding round will be used to expand internationally and to support strong customer growth in Denmark. The company is planning...
UK - Zeus acquires stake in online floral business
Zeus Private Equity (ZPE) has made the second investment from its maiden fund, taking a majority stake in online floral and gift company, Flowers Direct Ltd. ZPEтs investment will allow Flowers Direct to invest further in operational infrastructure and...
UK - One Equity submits full bid for Jaguar and Land Rover
One Equity, the private equity arm of JP Morgan, is understood to be one of three groups to have submitted a full bid for Jaguar and Land Rover. Ford decided to sell its UK assets - Jaguar and Land Rover - as part of a move to reduce its debt. Ripplewood,...
GERMANY – Dubai International Capital buys Almatis
Dubai International Capital LLC has agreed to acquire specialty alumina producer Almatis from funds controlled by Rhône Capital L.L.C. and Teachers’ Private Capital. Dubai International Capital will retain the current management team and support Almatis’...
ITALY - Consilium acquires valve manufacturer
Shortly after completing its fundraising, SME-focused firm Consilium has acquired Douglas Chero Group, a manufacturer of forged valves for the petrochemical industry. The deal represents an exit for the founding family shareholders.
UK - Endless acquires Lancashire Chemical Works
Endless has acquired Lancashire Chemical Works Ltd (LCW), for an undisclosed sum, in a management buy-in deal led by Richard Sykes. The transaction represents an exit for the family shareholders. Incoming managing director Sykes had been looking at the...
FRANCE - 21 Centrale Partners to build healthcare group on the French riviera
21 Centrale Partners has acquired Marseille-headquartered health clinic Chantecler, as the first step of its project to consolidate top-end healthcare providers on the Cote d'Azur.
UK - Sovereign reaps 5.7x return from Complete sale
Sovereign Capital has wholly exited its stake in homecare services provider Complete Group in a ТЃ33m trade sale to Claimer Care Group Plc, generating returns of 5.7x the money invested and an IRR of 51%.
FRANCE - Galileo invests further EUR 4m in MeilleurMobile
Galileo Partners has invested an additional EUR 4m in its portfolio company MeilleurMobile.com, an online mobile phone retailer.
SWEDEN - Segulah sells Callenberg Group
Segulah has sold Callenberg Group, a Swedish marine engineering company, to Norwegian Wilhelmsen Maritime Services Group, which is a part of Wilh. Wilhelmsen, an international maritime industrial group. The financial terms have not been disclosed.
UK - NVM realises 2.9x from divestment of KCS
NVM Private Equity has sold its stake in payroll software business KCS Global Holdings Ltd realising returns of 2.9x and an IRR of over 50% per annum on its two year investment. KCS was acquired by Sage, the management software provider, for ТЃ20m.
UK - Catapult exits Transvisual Media
Catapult Venture Managers has wholly exited its stake in security system software and hardware company Transvisual Media Ltd (TVM) in a trade sale to Soncell Ltd, a manufacturing subsidiary of Bowmer and Kirkland Ltd, for an undisclosed sum.