Sector
UK - Close Ventures leads £4.36m funding into Oxsensis
Close Ventures has led a ТЃ4.36m round of funding for Oxsensis, an industrial technology firm. Foursome Investments and existing investors also committed to the funding round. Oxsensis develops fibre-optic instrumentation for precision controls in harsh...
UK - LDC backs MBO of Kimberly Access
LDC has funded the management buyout of Kimberly Access Ltd, a business which rents powered access equipment. The deal represents an exit for the founder of the company. Royal Bank of Scotland provided debt to support the deal.
SPAIN - Ibersuizas receives attractive offer for Alcasa
Private equity firm Ibersuizas is said to have received an attractive offer for its stake in Aluminio Catalán SA (Alcasa) from industrial player Abengoa. Rumour has it that the auction process, led by corporate finance boutique Atlas Capital, also involves...
AUSTRIA - GCP appoints Christian Lutz as new venture partner
Christian Lutz has joined gamma capital partners as a venture partner. Lutz has more than 15 years of experience in the internet, media and telecommunication sectors. Prior to joining GCP, he was the general manager Europe for software company Qpass,...
UK - Providence re-enters the fray for Virgin Media
Providence Equity has expressed its interest in Virgin Media ten months on from its last play for the business. Providence was reported to be interested in bidding for the US-listed company in 2006 when it was known as NTL before its merger with Virgin...
CEE - Mid Europa Partners buys Medycyna Rodzinna from Enterprise
Mid Europa Partners has agreed to acquire up to 100% of Medycyna Rodzinna S.A. from Polish Enterprise Fund LP, the fund managed by Enterprise Investors, and several individual investors. The deal, expected to close in the second half of 2007, will be...
FRANCE - European Capital buys CEO's stake in Soflog
Market sources suggest European Capital has acquired a majority stake in industrial logistics business Soflog, currently backed by 3i, from its CEO Nicolas Nonon.
UK – LSE launches Specialist Fund Market to rival Euronext
Londonтs newest fund listing venue will be a hot spot on the private equity scene. By 1 November т when the new Specialist Fund Market launches т nearly every UK fund manager will have at least considered the advantages of a listing, according to several...
UK - No boot in the door for Terra Firma
Terra Firma had attempted to acquire a stake in Alliance Boots as part of the equity syndication process. The banks which provided a ТЃ1.3bn equity bridge are now in the process of syndicating that equity, with Terra Firma understood to have offered to...
UK - Virgin Media seeks strategic buyer
It is understood that Virgin Media has appointed UBS to help it search for a strategic buyer. The UK communications giant has recently attracted private equity interest. Carlyle is reported to be undertaking due diligence ahead of a bid which could value...
FRANCE - XAnge and OTC AM invest in online household goods retailer
XAnge Private Equity and OTC Asset Management have injected EUR 3.3m in Delamaison.fr.
UK - Close Ventures leads £1.5m funding round for software company PSE
Close Ventures is pleased to announce that it has invested ТЃ1.5m into Process Systems Enterprise (PSE).
UK - Octopus acquires stake in T4 Media
Octopus Private Equity has invested in T4 Media Ltd. Octopus has come in as a partner to finance growth and to assist with the strategic development of the business. It is anticipated that further bolt on acquisitions will be made in due course.
UK - NBGI floats Superglass generating 10.7x returns
NBGI Private Equity has recouped 10.7x its investment through the IPO of Superglass on the London Stock Exchange. The listing enables NBGI to divest its 50.9% stake generating an IRR of 244% on its two year involvement with the glass wool insulation manufacturer....
UK - Hotbed, YFM and Albany in £3.49m fundraising for Mtivity
Hotbed, YFM Group and Albany Ventures are together investing ТЃ3.49m in software company Mtivity. Hotbed provided ТЃ1.55m of the total funding package. The investment was introduced to Hotbed by Albany, a specialist early-stage technology investor.
UK - August acquires specialist healthcare provider
August Equity has supported the management buyout of Lifeways Community Care Ltd. Lifeways is a market leading provider of supported living for people with complex needs, offering nationwide coverage. HSBC provided debt to support the deal. Previously,...
UK - Boots CEO and retail director quit
Just weeks after KKR completed Europe's largest buyout, the retailer's two most senior executives have handed in their notice. CEO Richard Baker and retail director Scott Wheway addressed the Nottingham headquarters yesterday to pass on the news.
UK - MSIF backs Mersey glass firm in £4m deal
A new company set up and funded by Merseyside Special Investment Fund (MSIF) has acquired Lattimer Group, a glass firm, from Hamspon Industries Plc, the international aerospace and precision engineering group. Lattimer Holdings Ltd, whose head office...
UK - NBGI reaps 6x return on outdoor clothing exit
NBGI Private Equity has reaped 6x its investment on the sale of outdoor clothing retailer Mountain Warehouse. Mountain Warehouse has been acquired by its management team in a ТЃ15m tertiary buyout deal with backing from Kcaj, the investment company of...
UK - Rutland acquires Attends from 3i for EUR 93.5m
Rutland Partners has acquired Attends Healthcare Holdings Ltd from 3i for EUR 93.5m. Attends is the trading name of the European operations formerly known as PaperPak which 3i acquired in a EUR 95m deal in 2002. Rutland has invested approximately ТЃ21.5...
FRANCE - Air Liquide rumours continue
KKR is said to be interested in acquiring industrial gas giant Air Liquide, potentially a EUR 27bn deal.
GERMANY - Nanotron closes EUR 10m round
zouk ventures, a London venture capitalist specialising in cleantech, has led a EUR 10m funding round in German Nanotron Technologies. Other investors committing to the round are Polytechnos, Danfoss, and IBB Beteiligungsgesellschaft - VC Fonds Berlin....
UK - NVM invests £7m in building consultants buyout
NVM Private Equity (NVM) has invested ТЃ7m in the management buyout of building services consultants Foreman Roberts.
SPAIN - Cinven in $675m deal for USP Hospitales
Cinven has acquired USP Hospitales, an independent healthcare operator, from Mercapital for $675m. USP operates 33 facilities, including 13 hospitals and 16 outpatient centres across Spain. USP is expected to generate revenues of $280.7m and EBITDA...