Technology
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.
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 – 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.
GERMANY - Lemper leaves Aurelia Private Equity
Stefan Lemper, a partner at venture firm Aurelia Private Equity, has left the firm to join 3D chat world messengers club cooee GmbH as CEO.
GERMANY - T-Online Venture Fund invests in sones
T-Online Venture Fund has invested a single digit million euro sum into software company sones GmbH in a second round of financing.
UK - Carlyle Group ends Innovation talks
British software company Innovation Group plc has confirmed that takeover talks with private equity firm Carlyle Group have been terminated, according to reports.
Blast from the past
Over the last hundred issues France unquote has covered some significant deals. Remember these?
GLOBAL - Google launches $100m venture fund
Search engine Google has set up Google Ventures, a $100m venture capital fund designed to invest in early-stage companies.
BELGIUM - Gimv invests in Bananas BC
Belgian private equity house Gimv has made an undisclosed investment into marketing business Bananas BC.
FRANCE - AXA PE takes 25% stake in Goto Software
AXA Private Equity has acquired 25% of software producer Goto Software.
FRANCE - AXA PE et al. exit B3G in EUR 40m deal
AXA Private Equity, BNP Paribas subsidiary Orkos Capital and Partech International have wholly exited their respective interests in B3G Telecom, an IP Centrex specialist, in a EUR 40m sale to Completel, a corporate telecommunications service business...
GERMANY - Target Partners appoints partner
Target Partners has appointed Olaf Jacobi as a new partner.
UK - Zeus-backed XLN makes acquisition
Zeus Private Equity has backed portfolio company XLN Telecom, a telecommunications provider, in its acquisition of sector rival OneBillTelecom.
SWEDEN - Creandum promotes Blomquist to principal
Swedish venture capital firm Creandum has promoted Daniel Blomquist from associate to principal.
FRANCE - AXA PE, Partech and Orkos to exit B3G
AXA Private Equity, Partech International and Orkos Capital are set to sell telecommunications company B3G Telecom to Altice for an undisclosed sum.
BELGIUM - UFG Private Equity invests in BSB International
UFG Private Equity, via its fund FCPI Diadème Innovation III, has invested an undisclosed sum into BSB International (Business Solutions Builders), taking a minority share in the listed company.
UK - Nimbus Partners receives backing
Solon Ventures and Chevron Technology Ventures have invested an undisclosed sum in software company Nimbus Partners.
NORWAY - Borea prepares for de-listing of Software Innovation
Norwegian buyout house Borea, through Borea Opportunity IV AS, has increased its stake in software developer Software Innovation ASA (SOI) to 90.4 % and initiates compulsory squeeze-out.
SWEDEN - Apax to close Stockholm office
According to press reports, Apax Partners is to close its Stockholm office.
UK - Albion invests £1.5m in Mirada
Albion Ventures has invested ТЃ1.5m to back the buyout of software company Mirada from Siemens.