Sector
FRANCE - Clipperton Finance hires new partner
Corporate financier Clipperton Finance has hired Thibaut Revel as a new partner.
FRANCE - Oddo and Galiléo back MeilleurMobile with EUR 3m
Oddo Private Equity has joined returning investors Galiléo Partners and Fastnet Investissements for a EUR 3m third round of financing for online mobile telephone retailer MeilleurMobile.
FRANCE/US - Elaia et al. invest EUR 11m into GOOM Radio
Elaia Partners, Partech International, Wellington Partners and 123 Venture have invested EUR 11m into Go On Media, the owner of digital radio station GOOM Radio.
AUSTRIA - Perusa sells Guss Komponenten to mutares
Perusa Partners has sold metal parts company Guss Komponenten GmbH to listed mutares AG for an undisclosed sum.
UK - Accel Partners et al. complete £4m Autoquake investment
Accel Partners and Highland Capital Partners have further backed online used-car retailer Autoquake with a £4m investment.
FINLAND - Nexit-backed Limbo to merge with Brightkite
Nexit Venture-backed mobile social networking site Limbo has merged with fellow social networking platform Brightkite. The two communities will operate under the brand name Brightkite.
GERMANY - Doughty backs SoundCloud with EUR 2.5m
Doughty Hanson Technology Ventures has invested EUR 2.5m into online music platform SoundCloud.
FRANCE - Crédit Agricole PE and Scientipôle Capital in EUR 1m round for SaaS firm
Crédit Agricole Private Equity and Scientipôle Capital have invested EUR 1m into software as a service company (SaaS) firm Scan & Target in a series-A round.
FRANCE – 21 Partners launches EUR 500m fund
According to sources, Franco-Italian private equity firm 21 Partners has launched a EUR 500m fund.
The Dutch downturn in numbers
Francinia Protti-Alvarez explores the decline of the Dutch private equity market in search of some glimmers of optimism
CEE - CapMan Russia fund closes at EUR 118m
Capman has closed its latest fund, the Capman Russia fund, at EUR 118m, missing its EUR 150m target.
UK- Dunedin-backed WFEL secures £18m contract with US Dept of Defence
WFEL Limited, the defence engineering group backed by private equity house Dunedin, has secured an £18m contract with the US Department of Defense to supply it with military bridging systems.
FRANCE - Althera and Sopromec acquire Clairvoie
Althera Capital and Sopromec have acquired specialty food retailer Clairvoie in a secondary buyout, alongside the company's manager Bruno Madelaine.
FRANCE – NI Partners sells Lina’s
NI Partners, part of Natixis Private Equity, has sold its portfolio company sandwich shop chain Lina's to Cogexco, a family holding specialised in the restaurant sector.
ITALY - PE-backed Weather Investments to restructure debt
It is understood that telecom holding Weather Investments is looking to restructure a tranche of its debt.
GERMANY – 3i-backed Labco acquires AescuLabor-Karlsruhe
3i-backed Labco has acquired AescuLabor-Karlsruhe, a medical diagnostics company based in Karlsruhe. In addition to a debt package provided by a bank syndicate, 3i supported the transaction with additional financing of up to EUR 65m.
UK- MBO in the cards for Robert Dyas
Reports suggest that hardware retailer Robert Dyas is in talks with its main backer Lloyds TSB over a potential management buyout.
GLOBAL - Kamil Salame joins CVC Capital
International private equity firm CVC Capital Partners has appointed Kamil Salame as partner and US head of its financial institutions group.
UK- Longbow Capital launches venture fund for Sipp investors
Healthcare venture specialist Longbow Capital has launched a venture fund designed for self-invested personal pension (Sipp) holders.
GERMANY – S-UBG backs MBO of Jouhsen-bündgens
S-UBG AG has alongside management increased its stake in portfolio company Jouhsen-bündgens Maschinenbau GmbH to 100%, acquiring outstanding shares from the company's founder.
GERMANY – IPIC acquires 70% of MAN Ferrostaal
The International Petroleum Investment Company of Abu Dhabi (IPIC) has acquired 70% of the shares of MAN Ferrostaal AG from MAN AG, which retains a 30% stake. MAN Ferrostaal will continue as an independent company.
EUROPE - Charterhouse closes ninth fund on EUR 4bn
Private equity firm Charterhouse has closed its latest buyout fund, Charterhouse Capital Partners IX, on EUR 4bn - EUR 2bn short of its target.
GERMANY – BayBG backs EUR 1m jCOM1 investment
BayBG and KfW banking group have jointly invested EUR 1m into software developer jCOM1 AG in the framework of a silent partnership.