Technology
GERMANY – HTGF and Sympasis invest in Deal United
High-Tech Gründerfonds and Sympasis Innovation Capital has invested in e-commerce start-up Deal United GmbH.
GERMANY – Mangrove and Neuhaus sell Cellity to Nokia
Mangrove Capital Partners and Neuhaus Partners have agreed to sell software provider Cellity AG to Nokia.
GERMANY – HTGF backs ReCoTech with EUR 500,000
High-Tech Gründerfonds has invested EUR 500,000 in software start-up ReCoTech GmbH.
AUSTRIA - Carlyle-backed UC4 acquires Senactive
Carlyle Group portfolio company UC4 Software has acquired Senactive IT-Dienstleistungs GmbH, a company active in complex event-driven business process modelling technology.
UK - NVM reaps 3.3x money on £10m Liquidlogic sale
NVM Private Equity has wholly exited its investment in software provider Liquidlogic via a trade sale to IT specialist System C for an initial consideration of ТЃ10m. The sale has delivered an initial return of 3.3x money multiple and an IRR of over 25%....
KKR-backed NXP launches debt swap; reduces debt by $225m
Dutch semiconductor business NXP, backed by KKR, AlpInvest, Apax, Bain, and Silver Lake, has made a debt swap, reducing its overall debt by approximately $225m.
FRANCE - AXA PE increases stake in Planisware
AXA Private Equity has increased its equity stake in Planisware, a software company, to just over 30%. The transaction saw LB3A exit its shareholding in the company.
CEE/AUSTRIA - Capexit dissolved; Kaltenegger leaves AVCO board
The industry shakedown has claimed a prominent victim in Austria: Capexit, the private equity arm of Erste Group that invested primarily in the Czech Republic, Austria and Slovakia, has discontinued operations, with the portfolio now in the hands of the...
SPAIN - Nauta reaches first close at EUR 50m
Nauta Capital has reached a first closing of its third fund on EUR 50m. A second closing on the target of EUR 100m is expected in the coming months.
FRANCE - AGF PE and Innovacom sell Steek in EUR 27.5m deal
AGF Private Equity and Innovacom have wholly exited their respective stakes in Steek, a software provider, in a trade sale to F-Secure Corporation worth EUR 27.5m.
UK - Succes Europe et al. invest £3m into Helveta
French technology investor Succes Europe has led a ТЃ3m second funding round for timber track and trace technology provider Helveta Ltd, alongside existing investors Albion Ventures and Oxford Capital Partners.
GERMANY - High-Tech Gründerfonds invests in Yatta Solutions GmbH
High-tech Gründerfonds has invested in software company Yatta Solutions GmbH, a specialist in model-driven software, enabling completion of the UML Lab prototype and subsequent market launch.
UK - Amadeus et al-backed Aeopona acquires Valista
Venture capital-backed telecom software provider Aeopona Limited has acquired Dublin-based Valista, a provider of payment, settlement and service solutions to mobile and broadband operators, for an undisclosed sum. Aeopona's backers include Amadeus Capital...
FRANCE - CDC and Innovacom invest EUR 1.5m into Maeglin
CDC Innovations and Innovacom have invested EUR 1.5m into Maeglin Software, a mobile software company, in a second round of financing.
UK - Silver Lake-backed i2 acquires KCC
Intelligence and investigation management software provider i2, a portfolio company of Silver Lake Partners, has agreed to acquire Arizona-based Knowledge Computing Corporation (KCC).
UK - Index Ventures appoints partner in London
Index Ventures has hired Mike Volpi as a partner in the firm's London office.
GERMANY - BayBG supports Core-Competence
BayBG has invested an undisclosed sum into web-based training company Core-Competence, acquiring a minority stake in the business.
FRANCE/GERMANY - Gores-backed Sagen buys Gigaset assets
Sagem Communications, backed by US investor Gores Group, has acquired the broadband and WiMAX business of Gigaset Communications GmbH, a subsidiary of industrial holding Arques AG and Siemens AG.
SPAIN - Debaeque invests EUR 2.75m into Apesoft
Venture capital house Debaeque has invested close to three million into software firm Apesoft.
SPAIN - Adara and Neotec back AlienVault
Adara Ventures and Neotec have invested an undisclosed sum into software company AlienVault.
Norway ventured, Norway gained
Government-backed LP Argentum has published its venture returns, showing that, despite common belief, stable and good returns can be made from venture investments. By Rikke Lilla Eckhoff
NETHERLANDS - Updata invests $12.5m in RES Software
Updata Partners has backed RES Software, an Amsterdam-based provider of user workspace management software, with an investment of $12.5m.