Sector
UK - Risk Capital Partners acquires UK subsidiary of Borders Group
Risk Capital Partners has purchased national book retailers Borders and Books etc., UK subsidiaries of Borders Group, in a deal worth up to ТЃ20m.
UK - LGV completes £255m refinancing of healthcare business Craegmoor
LGV portfolio company Craegmoor Healthcare Group has refinanced its whole business securitisation with a ТЃ255m bank facility arranged by the Bank of Scotland. As a part of the refinancing, Craegmoor fully redeemed all the outstanding notes of Craegmoor...
UK - HgCapital strengthens renewable energy team
HgCapital has stengthened its renewable energy team with the appointment of Jean Perarnaud and Jens Thomassen as associate directors and the promotion of Emma Tinker and Rob deLazlo.
UK - Primary Capital sees 2x return from Elisabeth the Chef exit
Primary Capital has sold cake manufacturer Elisabeth the Chef (EtC) to Senoble, a France-based manufacturer of dairy deserts. The value of the deal has not been disclosed although it is reported that Primary recouped 2x its investment.
ITALY - KKR exits FL Selenia SpA in EUR 1bn deal
Kohlberg Kravis Roberts and Co (KKR) has wholly exited its stake in Selenia SpA, a producer of lubricants and functional oils, in a trade sale to Malaysian petrolium company PETRONAS in a deal which values the company at around EUR 1bn.
FRANCE - Bryan, Garnier and Co appoint new healthcare director
Independant Investment Bank Bryan, Garnier and Co have announced the appointment of Catherine Trividic to their corporate finance division as director of the healthcare team.
GERMANY – Cologne Media Ventures joins second round of funding for nugg.ad
nugg.ad has concluded an undisclosed second financing round from existing investors bmp, VC Fonds Berlin as well as new investor Cologne Media Ventures GmbH.
CEE - AIG Investments appoints new managing director of AIG Capital Partners
AIG Investments has appointed Serkan Elden as managing director of AIG Capital Partners and President and CEO of AIG Blue Voyage Advisors. Elden will be based in Istanbul to lead AIG Capital Partners’ investment activities in Turkey and its surrounding...
UK - Graphite backs gas portfolio company's £22m acquisition
Graphite Capital has backed the ТЃ22m acquisition of Global Gas Supplies by Dominion Gas, an independent supplier of industrial gases to the offshore industry. Graphite supported the ТЃ30m BIMBO of Dominion in June 2007. Funding for the latest deal includes...
UK - LDC invests to fund expansion of drinks manufacturer
Mid-market private equity house LDC has invested an undisclosed amount to fund the continuing expansion of drinks manufacturer Intercontinental Brands.
UK - Octopus invests over £600,000 in internet technology company
Octopus Investments has completed an investment of more than ТЃ600,000 in the development of internet technology firm True Knowledge Ltd. The deal represents the first round of funding for the company.
UK - Kennet Partners appoints new director
International growth equity investor Kennet Partners has promoted Evan Frank to the position of director.
FRANCE - Argos Soditic acquires Orgasynth subsidiaries
Argos Soditic has completed the management buy-in of all of the five fine chemical and dye subsidiaries of industrial group Orgasynth.
FRANCE/ITALY - Truffle Capital takes GoAdv public
Truffle Capital has simultaneously led a capital increase and public listing of web-based media company GoAdv, in a deal which values the company at EUR 34m.
UK - NVM recoups 3x investment from Ithaca exit
NVM Private Equity has sold Ithaca Business Media in a ТЃ14.25m trade sale to United Business Media Plcтs UK-based business information division, CMP Information. The deal realised a return of 3x NVM's original investment, with an IRR of over 60% achieved...
UK - Matrix invests further £3.7m in Blaze to support acquisition
Matrix Private Equity Partners has supported existing investee company Blaze Signs Holdings in financing its acquisition of a complementary business, Active Sign Maintenance from its founders. Matrix Private Equity Partners has invested a further ТЃ3.7m....
UK - Sovereign Capital portfolio company acquires Orient Gold
Sovereign Capital-backed STL, a vocational training provider, has acquired Orient Gold, a national provider of apprenticeship and adult learning. The value of the deal has not been disclosed. The new combined group has over 240 employees and over 3000...
NORWAY - Ferd could realise historic returns if Pronova Biocare is up for sale
Ferd Private Equity is reported to be in the process of putting Pronova Biocare up for sale. Ferd acquired the pharmaceutical company in Jannuary 2004 for NOK 530m. Artic Securities, the newly established Norwegian ivestment bank, has now valued the company...
LATVIA - Blackstone leads $575m management buyout of Lattelecom
The Blackstone Group has invested $178m (Lt 90m), as part of a $575m management buyout and privatisation of Latvian telecom company Lattelecom. The sellers are the Latvian government (51%) and TeliaSonera (49%), the Swedish telecom operator. At the completion...
FINLAND - CapMan-backed OneMed makes acquisition
CapMan's portfolio company OneMed, a seller and importer of healthcare products, has acquired 75% of Hand-Prod Group, a Poland-based wholesaler of healthcare products. In addition to its mother company, Hand-Prod group consists of subsidiaries such as...
UK - Foresight completes £2.8m MBI of Heritage House
Foresight Venture partners has completed the ТЃ2.8m management buy-in of Heritage House Media. Foresight led the financing, investing ТЃ1.4m through its funds Foresight VCT II and Foresight VCT III, and was joined by IBIS Media VCT and Calculus Capital,...
FRANCE - European Capital announces Soflog-Telis deal
As exclusively reported in Unquote News on 16 July, European Capital has invested in industrial logistics business Soflog-Telis, alongside existing investor 3i.
DENMARK - Montagu-backed LOGSTORE enters joint venture
Montagu-backed LOGSTORE, has entered into an agreement with Empower, the Dubai-based cooling company to create UAE’s largest pre-insulated pipe factory. The joint company will be called Empower LOGSTORE.
SWITZERLAND – AFINUM buys Pinova AG
AFINUM Management GmbH has wholly acquired Pinova AG from its founders for an undisclosed amount. The institution made the investment through its fund AFINUM Fünfte Beteiligungsgesellschaft mbH & Co KG.