Sector
UK - Carlyle targets Virgin Media
Carlyle Group is reported to be leading a bid to take-private NASDAQ-listed Virgin Media. It is understood that Carlyle is working in association with Providence Equity, KKR and Cinven and could offer up to ТЃ4bn for the company. Any deal would have to...
SWITZERLAND - Consortium acquires TechnoMarine
A consortium led by Cobepa and Crédit Agricole Suisse has acquired Swiss luxury watch manufacturer TechnoMarine for an undisclosed amount. 123Venture also invested as well as the management team consisting of Jean-Claude Yana and Gilbert Ohayon.
SWEDEN - CapMan invests in healthcare provider Nacka Närsjukhus Proxima
Funds managed by CapMan will, together with management, acquire Swedish Nacka Närsjukhus Proxima AB, a private healthcare provider offering specialised healthcare in the greater Stockholm area.
FINLAND - CapMan exits from Medianorth
Funds managed by CapMan have sold their holding in media house Medianorth Group Oy to Avaus Consulting Oy.
GERMANY - 3i exits Wendt Holding GmbH
3i has sold German grinding machines and tools manufacturer Wendt Holding GmbH to Swiss Winterthur Technologie AG. The transaction value is said to be approximately EUR 100m. 3i backed the management buyout of Wendt in March 2005, acquiring the company...
UK - Duke Street and Europa in £260m buyout of Channel Islands group
Duke Street Capital and Europa Capital have made a recommended offer for Jersey-based company C.I. Traders Ltd. The proposal values the business at approximately ТЃ260m and includes funds provided by Uberior Co-Investments Ltd, a Bank of Scotland-owned...
NL - Candover expected to make EUR 1.5bn cash offer for Stork
Candover has expressed its intention to make a EUR 1.5bn public offer for all the shares of Dutch industrial conglomerate Stork. London Acquisition B.V., a holding company controlled by Candover funds, and Stork issued a joint press release, which states...
FRANCE - Chausson Finance appoints Galileo's Christophe Viet as Partner
Venture corporate financier Chausson Finance has appointed former venture capital investment professional Christophe Viet as partner.
CEE - Mid Europa Partners completes first ever leveraged buyout in Serbia
Mid Europa Partners has acquired a controlling stake in Serbia Broadband (SBB) from SEEF I fund, managed by Bedminster Capital Management. The deal represented the first leveraged buyout in Serbia.
UK - Exponent portfolio company Trainline makes £18.7m acquisition
Exponent Private Equity portfolio company Trainline, an online retailer of train tickets, has acquired Advanced Smartcard Technologies Plc (AST). The public-to-private deal values the share capital of AST at ТЃ18.7m. AST was founded in 2000 and listed...
FRANCE - Bluekiwi Software receives EUR 4m from Sofinnova Partners
Sofinnova Partners has invested EUR 4m in Blukiwi Software, a developer of collaborative software solutions for corporate environments.
UK - Oxford Capital Partners provides waste-to-energy project with £2.5m
Oxford Capital Partners has provided Inetec Ltd with a follow-on funding round worth ТЃ2.5m. Inetec is a developer of waste-to-renewable-energy projects in the industrial food manufacturing sector. Existing investors Finance Wales and other new investors...
FRANCE - CAPE backs MBI of Ocean
LCL Régions Développement, a fund managed by Crédit Agricole Private Equity (CAPE), has acquired a minority interest in Ocean on the occasion of the buyout of the company by two incoming entrepreneurs.
UK - Finance South West backs DT Media
YFM-managed Finance South West has invested a substantial sum in software company DT Media. DT Media has just won a major contract to supply the German Air Force with military training software to reduce the risk of тfriendly fireт. Finance South West...
UK - Global Infrastructure appoints Joseph Blum as partner
Global Infrastructure Partners (GIP) has appointed Joseph Blum as a partner and general counsel, based at the companyтs London office. Blum will join GIP on 1 July 2007. He has extensive experience in representing sponsors and financial institutions in...
FRANCE - 21 Centrale Partners backs buyout of Groupe Sud Robinetterie
21 Centrale Partners has led the buyout of Groupe Sud Robinetterie (GSR), a manufacturer and distributor of high-end valves for the oil & gas, petrochemical, power generation and chemical industries. The deal was supported by senior and junior mezzanine...
AUSTRIA - Mid Europa in EUR 1.4bn One mobile deal
Mid Europa Partners has teamed up with France Telecom/Orange to acquire One GmbH, the third largest mobile operator in Austria, in a EUR 1.4bn deal. This transaction is expected to close within the next three months. It is the second largest buyout in...
UK - YFM invests £250,000 in Geonix
YFM has provided tracking technology company Geonix Tracking with ТЃ250,000 of funding via its South West Ventures Fund.
UK - Boots deal one step closer to completion
The first delisting of a FTSE 100 company is one step closer to completion today after the trustees of the Alliance Boots pension fund struck a deal with KKR. The ТЃ11.1bn buyout is on track to complete on 28th June 2007 with KKR pledging to inject ТЃ418m...
ITALY - Alcedo and Unicredit exit MiniGears
Private equity firm Alcedo and Unicredit have sold manufacturer MiniGears SpA to sector player Carraro Group.
AUSTRIA - Gamma Capital Partners expands team
Gamma Capital Partners has appointed Joachim H Wolff as venture partner. Wolff has a long track record in venture capital as well as a management consultant. Previously he has held positions at companies including T-Venture, AVC Venture Capital, Roland...
GERMANY - Barclays Private Equity sells TUJA for EUR 800m
Barclays Private Equity has sold temporary employment agency TUJA Group to Adecco for EUR 800m. The financial investor acquired TUJA in March 2006 from Odewald & Cie and pursued an aggressive expansion strategy, acquiring six companies within and outside...
UK - E-Synergy appoints Sam Richardson as investment director
E-Synergy has appointed Sam Richardson as investment director to the team managing its ТЃ30m Sustainable Technology Fund. The Sustainable Technology Fund, launched earlier this year, is a ТЃ30m UK Limited Partnership Fund backed by a mix of institutional...