Sector
NL-Cinven and Warburg Pincus to acquire Casema
Cinven and Warburg Pincus have reportedly reached an agreement with Carlyle, Providence Partners and GMT Communications to acquire Casema for around EUR 1.2bn. Carlyle and Providence each hold a 46% stake in Casema, with GMT Communications making up the...
UK - Microsoft executive Judy Gibbons joins Accel London
Accel Partners has announced the appointment of Judy Gibbons as venture partner in its London office, which focuses on early stage Internet, software and communications investments in Europe and Israel.
UK - Misys 'management walk in' to prevent company being sold off too cheaply
Control of software firm Misys is reported by the Times to have been assumed by three former directors who want to prevent the firm being sold off too cheaply to private equity or trade buyers. Under plans by the directors, the ТЃ1bn firm will be broken...
UK - Taylor Nelson Sofres receiving private equity interest
The international market research firm Taylor Nelson Sofres (TNS) is said to have attracted private equity interest. The company has encountered the dissatisfaction of its institutional investors after it revealed revenues in the US had fallen and were...
UK - Blackstone and KKR target Argos and Homebase
GUS, the parent company of Argos and Homebase retailers (ARG)and Experian, the business information provider, which is intent on a demerger of the two divisions in October, is reported to have received private equity offers for both arms of the company....
FRANCE - Deadline for PagesJaunes bids
Bidders for France Telecom's 54% stake in directory service PagesJaunes are expected to place binding offers today.
AUSTRIA - Blackstone to target Telekom Austria
According to press reports the Blackstone Group is in discussions with the Austrian government over a possible participation in Telekom Austria. Reports from investment bankers at UBS Bank also confirm that financial investors are likely to consider the...
FRANCE - Alven generates a 40% IRR on trade sale of financial software developer
Alven Capital has sold its entire stake in middle and back-office software developer Emos Futures to its main competitor, GL Trade, a deal which generated an IRR of 40%.
GERMANY - Gilde and Capvis sell Soudronic AG
Gilde Buy Out Partners and Capvis have sold their 75% stake in Swiss metal packaging specialist Soudronic AG. The acquirer is Keystone Group Holding AG.
FRANCE - Jean-Hubert Vial to join Astorg Partners as portfolio manager
Astorg Partners has announced the appointment of Jean-Hubert Vial to their team as portfolio manager. He will be joining from Rothschild & Cie, where he worked for six years as director of the mergers and acquisitions department. Mr. Vial has a degree...
GERMANY - Palamon takes controlling stake in cadooz
Palamon Capital Partners has acquired a controlling stake in cadooz AG. The company is a provider of gift certificates for corporate customers in Germany. The financial investor has committed EUR 15m in capital within the framework of the transaction....
GERMANY - 3i and Triton exit CoCreate
3i and Triton have exited their holding in CoCreate to HBK Private Equity Group.
UK - Inflexion enlarges portfolio company Healthcare Knowledge International
Inflexion Private Equity has led the acquisition of Cardiff Research Consortium Ltd, a healthcare consultancy business, on behalf of its portfolio company Healthcare Knowledge International, consisting of CHKS Ltd, its UK division and Iasist in Spain....
AUSTRIA - gcp portfolio company branches out
RFID-based tracking and tracing specialist Identec Solutions, a gamma capital partners portfolio investment, has acquired Baumer Ident GmbH. Baumer is a global manufacturer of industrial auto-ID systems and is currently headquartered in Weinheim Switzerland....
UK - Lion Capital to acquire La Senza
Lion Capital LLP has signed an agreement to acquire La Senza Ltd by the end of next week. La Senza is a UK and European leader in specialty retail of womenтs lingerie and nightwear.
FRANCE - Jaques-Philippe Gunther to join Willkie Farr & Gallagher
Willkie Farr & Gallagher has today announced the appointment of Jaques-Philippe Gunther as an associate, and will be joined by David Tayar who will join the European Counsel.
UK - Private equity bids for GUS divisions
GUS has decided to stick with its plan of demerging its marketing and information services arm from its retail division despite private equity bids for the whole group, according to the Times today. The bid for the whole group would value it at ТЃ11.7bn....
UK - HgCapital sells Castlebeck for £255m
HgCapital today announced the sale of Castlebeck to Castle Holdings Ltd, a Jersey-registered company associated with Barchester Healthcare group, the leading quality private healthcare provider for ТЃ255m.
SWEDEN - Altor acquires PIAB
Altor Fund II has signed an agreement to acquire the Swedish vacuum technology company, PIAB Invest AB from the Tell family. Altor are aiming to significantly expand the company within the next few years as they will now have the required capital and...
SPAIN - Espiga Capital exits Stock Uno
Espiga Capital, along with other shareholders, has recently sold its entire shareholding in Stock Uno to Ibersuizas in a BIMBO worth approximately EUR 30m. The transaction represents returns to Espiga of 2.5x its original investment, equivalent to an...
FRANCE - Montefiore takes majority stake in art equipment distributor
Montefiore Investment has acquired a 78% of Promo Art, for an undisclosed sum. Management retains the balance. As a result of the transaction, BNP Private Equity, IDPC and Naxicap Partners exit the first round investment they made in 2001.
LITHUANIA - CapMan exits Drobe
CapMan has sold its holding in Lithuanian Drobe Wool Company to Plaza Corporation, a Lithuanian industrial development company.The CapMan funds Finnventure IV and Finnventure V originally invested in Drobe in 2000 along with the European Bank for Reconstruction...
NL- Apax Partners courts Endemol
Apax Partners is thought to be considering a possible EUR 1bn for Dutch quoted company Endemol. The private equity firm, which failed to purchase ITV earlier this year, could set up a consortium to buy Telefonica’s stake in Endemol.