Sector
UK - Apax bids for Emap's B2B division
Apax is understood to have approached Emap regarding the acquisition of the magazine and radio group's B2B publications. The news comes following Emap's decision to conduct a strategic review of its business, thought to have been prompted by the approach....
CEE - GED and Caja Madrid launch private equity real estate fund for South Eastern Europe
Spanish private equity company GED and Spanish saving bank Caja Madrid have set up GED Real Estate Eastern Investments (GED REEI) with initial capital of EUR 25m. The fund will invest in 10-15 projects with an investment amount of EUR 5m - 15m per project,...
SPAIN - Media content developer secures EUR 2m from Debaeque
Debaeque Venture Capital has led a series A round of funding totalling EUR 2m in Kimia, a company developing technology to channel rich media content from the Internet to mobile phones.
UK - Beringea expands UK investment team
Beringea director Trevor Hope has been appointed to the new role of chief investment officer and new investment director Karen McCormick has joined the Beringea team. Hope, who joined Beringea in 2003, will oversee the companyтs investment activites from...
FRANCE - Osiris secures first industrial deal
Osiris Partners has backed the spin-off of Produits Plastiques Performants (3P) from listed-plastics company Plastic Omnium. The deal is Osiris' second transaction.
RUSSIA - Great Circle invests $21.1m in STS Logistics
Great Circle Fund has invested $21.1m in Moscow-based STS Logistics, a Russian freight forwarding, warehousing and customs services provider. The expansion deal represents the first investment of the $190m Great Circle Fund, which targets transportation,...
SWEDEN - Carlyle et al. sell MedPointe to Meda for $520m
Swedish-listed pharmaceutical group Meda has agreed to acquire all the shares in US based-MedPointe, owned by The Carlyle Group and other investors. The two majority shareholders of MedPointe, The Carlyle Group and The Cypress Group, will become shareholders...
SPAIN - MCH beats Magnum on competition for Eptisa
Engineering business Eptisa has received a bid of EUR 90m from MCH Private Equity, according to press reports.
SPAIN - Apax promotes Oriol Pinya to CEO
Apax Partners has promoted Oriol Pinya to the position of chief executive of the firm's operations in Spain.
UK - ECI-backed wireless networks company makes £24m acquisition
ECI Partners portfolio company Aerial Facilities (AFL) has acquired its Swedish-based competitor, Avitec AB for up to ТЃ24m. Avitec was formerly owned by CapMan, 3i and a number of private investors. AFL designs, manufactures and installs specialist products...
FRANCE - Dailymotion raises extra EUR 20m
Video sharing website Dailymotion has received EUR 20m in a second round of funding, according to French press reports.
UK - Maximilian Bleyleben is promoted to partner at Kennet Partners
Kennet Partners, the technology growth investor, has promoted Maximilian Bleyleben to partner. In his new role, Bleyleben will continue to originate and manage growth equity investments and buyouts in the software, IT services and digital media markets...
CEE - Equest Investment Balkans acquires stake in Romanian electronics retail business
Equest Investment Balkans has acquired a 75% stake in Domo Retail S.A., a Romanian consumer electronics and household appliances retailer, through its 75% owned subsidiary Lynx Property B.V. A shareholders agreement will require Domo's founding shareholders...
NL - Amsterdam Molecular Therapeutics raises additional EUR 5.67m
Venture-backed Amsterdam Molecular Therapeutics has raised an additional EUR 5.67m from the partial exercise of an over-allotment option. The company had launched an IPO of 5,000,000 new shares on Euronext Amsterdam for an offer price of EUR 10 per...
FRANCE - CIC LBO Partners backs Sinéquanone
CIC LBO Partners has backed the buyout of Sinéquanone, a clothing chain with 220 retail points.
UK - Apax in the running for Loot?
Daily Mail and General Trust is reported to be selling classified advertising magazine Loot. Apax the co-owner of the Autotrader classified magazine brand with Gaurdian Media Group is understood to be interested in the title. Loot was valued at ТЃ190m...
UK - Private equity gears up for Ford's UK assets
One Equity Partners, Ripplewood Holdings and Cerberus Capital Management are amongst the private equity groups gearing up to make bids for Ford's UK assets. Ford is selling off Jaguar and Land Rover to slash its debts. Trade interest in the deal is limited...
UK - IQ Capital leads series-D funding round in OnRelay
IQ Capital has lead a Series-D funding round in OnRelay Inc. OnRelay is a London-based pioneer in fixed mobile integration with a patented market leading solution for mobilising corporate phone systems. IQ Capital invested alongside Richard Cunningham,...
NL - KKR cancels EUR 1bn loan to refinance Maxeda LBO
It is widely reported that KKR has cancelled its plan to raise EUR 1bn of loans to refinance Dutch retailer Maxeda BV . The loss of investor confidence in high yield debt is attributed to losses in the US subprime mortgage market.
UK - Qatari fund moves for Sainsbury
Delta Two, a fund backed by the Qatari Investment Authority is in talks with retailer J Sainsbury over a possible ТЃ12bn bid. It was reported in the Financial Times that a 610p-a-share offer had been tabled, but a statement released by Delta Two stated...
UK - HgCapital announces senior management changes
HgCapital has announced a series of senior management changes. After seven years as chairman, Leonard Licht will be retiring on 30th September. He will be replaced by current chief executive Ian Armitage. Frances Jacob becomes deputy chairman and will...
CEE - 3TS invests in Romanian Romprest Services
3TS has acquired a 30% stake in Romprest Services SA, the Romanian cleaning and facilities management group. The investment was made from the 3TS Central European Fund II in which 3i is the sole investor.
UK - Deloitte Corporate Finance appoints new manager to Southampton team
Shaun Gomm has joined Deloitteтs Corporate Finance Advisory team in Southampton as manager. Gomm has been providing corporate finance advice on transactions for Deloitteтs London office since 2001. He is a specialist in the leisure sector and has also...
SPAIN - Magnum eyes construction business
Newly-established private equity house Magnum Industrial Partners is said to be nearing the final stages of the acquisition of civil construction business Eptisa. News reports suggest that the firm, currently fundraising for its EUR 800m fund, has the...