Sector
UK - Barclays Private Equity backs £28m MBO of Artigiano
Barclays Private Equity has backed the ТЃ28m management buyout of Scala Collections Ltd, the direct retailer of Italian designed ladiesт clothes, shoes and accessories which trades as Artigiano. As part of the deal, Barclays Private Equity will take a...
SWEDEN - EQT V hits EUR 4.25bn
EQT has closed its latest fund on EUR 4.25bn. EQT V attracted 25% of money from the Nordic region, 30% from the UK and Continental Europe, 25% from North America, and the remaining 20% from the rest of the world. New commitments came from Australia, Canada...
FRANCE - Canadian Telecom Media Fund invests EUR 8m in CheckPhone
Telecom Media Fund, a joint fund of Trio Capital and la Caisse de dépôts et placement du Quebec, has invested EUR 8m ($10.2m) in France-based VoIP security software developer CheckPhone.
UK - 3i sells Precise Media to Phoenix Equity Partners for £42m
3i has sold UK media monitoring agency Precise Media to Phoenix Equity Partners for ТЃ42m. The sale generated an IRR of 101% and a multiple of 3.2x for 3i, which backed the BIMBO of the company (then known as KBBI) in April 2005. During the holding period,...
FINLAND - Aspida secures EUR 500,000 in funding
Finnish Industry Investment and private investors have invested EUR 500,000 in software company Aspida Oy.
GERMANY – European Capital acquires Metall Technologie Holding for EUR 106m
European Capital has acquired the European manufacturer of high-end heat treatment industrial furnaces, Metall Technologie Holding for EUR 106m. Post close, the financial investor will own approximately 83% of the shares with the management team holding...
FRANCE - Charterhouse buys Vivarte from PAI for EUR 3.5bn
Charterhouse has reportedly agreed to back the secondary buyout of clothing and shoes distributor Vivarte, in a deal worth over EUR 3bn.
GERMANY – KKR and Permira win auction for ProSiebenSat1
A consortium comprising Kohlberg Kravis Roberts & Co and Permira Advisers has acquired a 50.5% stake in German broadcaster ProSiebenSat1. The value of the transaction is believed to be over EUR 3bn. Following the acquisition, media analysts expect the...
FRANCE - Apax-owned Outremer Telecom to launch an IPO
Apax France's portfolio company Outremer Telecom is reportedly hoping to float on Euronext Paris.
GERMANY – Macquarie raises its bid for Techem
Macquarie Infrastructure Fund II has increased its offer of EUR 44 to EUR 55 per share for the German utility billing specialist Techem AG. At the same time the financial investor increased its stake in the company by 8%, buying the additional shares...
PORTUGAL - BPI Private Equity backs professional cleaning business
BPI Private Equity has announced the purchase of a 30% shareholding in Grupo Serlima.
UK - Electra Quoted Management backs new extreme sports publisher
Electra Quoted Management has provided newco Factory Media with an initial investment of ТЃ3.85m to enable it to acquire three leading specialist extreme sports publishers in the 16-24 youth market; Action Sports Media, Permanent Publishing and 4130 Publishing....
FRANCE - Eurazeo sells Eutelsat shares to CDC and confirms interest in Conforama
A few days after Abertis’ acquisition of Eutelsat’s new largest shareholding, Eurazeo announced it had sold its entire 25.5% shareholding to state-backed Caisse des Dépots et Consignations (CDC) for EUR 862.7m.
AUSTRIA – TTTech Computertechnik receives EUR 20m funding
Strategic financial investor firstVentury has invested EUR 20m in Vienna-based supplier of time-triggered systems TTTech Computertechnik AG. Additionally, international automotive company AUDI AG acquired a minority interest in TTTech.
GERMANY – Cinven pulls out of ProSiebenSat1 race
It is understood that Cinven, which had joined the Apax and Goldman Sachs consortium, has withdrawn from the auction for a 50.5% stake in German media group ProSiebenSat1. The remaining potential buyers are believed to include Turkish media giant Dogan...
FRANCE - Wendel boosts its investment team
Wendel Investissement has hired two additional investment professionals.
UK - Risk Capital Partners exits design and marketing company Loewy
Risk Capital Partners has made its fourth full exit in the past 15 months with the sale of its entire holding in the creative design and marketing services company Loewy. The Loewy disposal generated a 2.5x cash on cash return and an IRR of 41%.
GERMANY – Quadriga Capital buys back AHT Cooling Systems
Quadriga Capital has acquired a majority stake in AHT Cooling Systems for an undisclosed amount from Equita. Dresdner Kleinwort has been mandated to solely arrange the debt package comprising senior and mezzanine facilities. In 2005 Quadriga Capital sold...
SWITZERLAND - Butler carves out Rhodia's European string and fibre operations
Butler Capital Partners has backed the management buyout of chemical specialist Rhodia's European fibre and string business. The buyout house took a 95% equity stake, while management retained the balance.
UK - LDC backs EUR 63m MBO of Anglo-Dutch corporate travel and event management firm
LDC has invested EUR 24m as part of a EUR 63m management buyout of ATP, an Anglo-Dutch corporate travel and event management firm formerly a subsidiary of Dutch investment company Reggeborgh. Lloyds TSB Acquisition Finance provided senior debt and revolving...
UK - Lion Capital portfolio company La Senza acquires Contessa
The holding company of La Senza Ltd, a Lion Capital portfolio company, has acquired Contessa for an undisclosed sum in a transaction that closed over the weekend. Lion Capital acquired lingerie retailer La Senza in a deal of undisclosed value in July...
UK - Ingenious Media invests £3m to enable Digital Rights Group to make acquisition
Ingenious Media Active Capital Limited has invested ТЃ3m in The Digital Rights Group Ltd (DRG) in order to enable it to acquire Portman Film and Television Ltd, a UK drama distributor.
UK - Duke Street and Englefield exit Equity Insurance Group
Duke Street Capital and Englefield Capital have sold Equity Insurance Group to Insurance Australia Group, Australasiaтs leading general insurance group, for a total consideration of ТЃ570m. The two investors delisted the insurance group, then known as...
UK - Lyceum exits Clinovia through a sale to BUPA
Lyceum Capital has realised its investment in home healthcare services provider Clinovia. The Harlow-based company was acquired by BUPA for ТЃ87.7m. The returns on the deal have not been disclosed.