Sector
GERMANY - CornerstoneCapital backs MBI of Integrata AG from Logica
CornerstoneCapital has, together with the buy-in managers Ingmar J Rath, Gerhard Wächter and Dr Andreas Dahmen, acquired software training business Integrata AG from Logica.
UK - August-backed Enara completes dual acquisitions
August Equity-backed care home business Enara Group has completed the acquisition of Companions Care and Freshfold Homecare Ltd, two providers of home care services to the elderly .
NETHERLANDS - DSM Special Products sale to Arsenal falls through
The sale of chemicals business DSM Special Products BV to US-based Arsenal Capital Partners will not be completed due to provisions imposed by the European Commission. The deal was originally announced on 3 March 2008.
EUROPE - 3i appoints Hogg managing partner, Infrastructure
Following the announcement that Michael Queen will replace Philip Yea as CEO of listed private equity heavyweight 3i, the firm has appointed Cressida Hogg to replace him as managing partner of its infrastructure business.
GERMANY – Bmp backs Motor Entertainment
Bmp AG has acquired an 11% stake in Motor Entertainment GmbH from I-D Media AG.
SWEDEN - 3i divests DIAB stake to Ratos in SEK 400m deal
3i has sold its 48% stake in core materials manufacturer DIAB Group AB to co-investor Ratos in a deal valued at approximately SEK 400m.
Buyout outlook - 2009 already written off
Europe will not see signs of a return to economic health until 2010 at best, suggests a new survey. By Mareen Goebel
A Darwinian time
Reports on the financial markets and global economy currently feel like a succession of bad news stories, and as 2009 rolls on this trend looks set to continue. This year also marks the 200th anniversary of Charles Darwin's birth. The timing could not...
Allocation concerns dominant among LPs
A new report shows that the declining value of liquid assets and continuing dearth of divestment opportunities is resulting in increasing liquidity worries amongst limited partners. By Ashley Wassall
Don't look down
Reading the finance section in the newspaper these days is like experiencing a day of London weather: chilly, windy morning followed by overcast midday before the rain kicks in during the evening. It is all over the place, as are the banks' shares in...
GERMANY - Hasso Plattner Ventures and KfW invest in VIOSO
Hasso Plattner Ventures has, alongside KfW, invested in smart projecting company VIOSO.
UK - August portfolio company acquires Beech Care and Nursing
August Equity-backed Enara Group has acquired Beech Care and Nursing Agency Ltd, a provider of healthcare related services, for an undisclosed sum.
NETHERLANDS - 3i-backed VNU risks creditor take over
It is understood that 3i Group Plc is facing a possible creditor takeover at VNU Business Media Europe, the b2b publisher it acquired at the height of the buyout boom.
FRANCE - AGF leads EUR 6.5m investment into 24h00.fr
Returning investor AGF Private Equity has invested EUR 3.5m as part of a EUR 6.5m second round of funding for online retailer 24h00.fr, alongside Seventure Partners.
NORWAY - Government supports Argentum with NOK 2bn
Government-backed Norwegian LP Argentum has received NOK 2bn from in additional equity from the Norwegian government.
NORWAY - Investinor hires ten
Investinor, the Norwegian government-backed venture fund established in the autumn of 2008, has now completed the formation of its investment team with ten new hires.
UK - TPG lets Lueken go
Reports suggest that TPG Capital has parted with Bastian Lueken, who was based in London.
FRANCE - Balderton leads $12m Talend funding
Balderton Capital has provided $9m as part of a $12m third round of financing for Talend, an open-source software developer, with returning investor AGF Private Equity supplying the balance.