Technology
UK - Exponent portfolio company Trainline makes £18.7m acquisition
Exponent Private Equity portfolio company Trainline, an online retailer of train tickets, has acquired Advanced Smartcard Technologies Plc (AST). The public-to-private deal values the share capital of AST at ТЃ18.7m. AST was founded in 2000 and listed...
FRANCE - Bluekiwi Software receives EUR 4m from Sofinnova Partners
Sofinnova Partners has invested EUR 4m in Blukiwi Software, a developer of collaborative software solutions for corporate environments.
UK - Finance South West backs DT Media
YFM-managed Finance South West has invested a substantial sum in software company DT Media. DT Media has just won a major contract to supply the German Air Force with military training software to reduce the risk of тfriendly fireт. Finance South West...
AUSTRIA - Mid Europa in EUR 1.4bn One mobile deal
Mid Europa Partners has teamed up with France Telecom/Orange to acquire One GmbH, the third largest mobile operator in Austria, in a EUR 1.4bn deal. This transaction is expected to close within the next three months. It is the second largest buyout in...
UK - YFM invests £250,000 in Geonix
YFM has provided tracking technology company Geonix Tracking with ТЃ250,000 of funding via its South West Ventures Fund.
AUSTRIA - Gamma Capital Partners expands team
Gamma Capital Partners has appointed Joachim H Wolff as venture partner. Wolff has a long track record in venture capital as well as a management consultant. Previously he has held positions at companies including T-Venture, AVC Venture Capital, Roland...
BELGIUM - Transics IPO more than 10x oversubscribed
Carlyle-backed Transics, a provider of on-board computers and fleet management solutions for the transport and logistics sector, has offered 2,628,571 shares on Eurolist by Euronext Brussels, priced at €17.50 per share.
UK - Midven reaps 12x money on sale of ScriptSwitch
Midven's partial exit of ScriptSwitch last month, a provider of software products to Primary Care Trusts, generated a return of nearly 12 times for the investor, with an IRR of 67%. As reported on unquotenews.com , ISIS Equity Partners completed a ТЃ9.9m...
FRANCE - Nexway receives EUR 5m from CM-CIC, Turenne and XAnge
Electronic software distributor Nexway has raised EUR 5m in a second round of financing arranged by Chausson Finance.
UK - HgCapital sells IRIS and CSG in £500m deal
HgCapital has sold IRIS Software, a provider of software to accountacy practices, and Computer Software Group (CSG), a provider of software to legal practices, to Hellman & Friedman for ТЃ500m. Hellman & Friedman plans to merge the two entities. HgCapital...
BALTIC - BaltCap exits ZetCOM
BaltCap has sold its minority position in ZetCOM to Latvijas Mobilias Telefons Ltd. BaltCap invested in ZetCOM in 2005 to be part of the heavily growing telecom market in the region.
SWEDEN - Provider Venture Partners divests Drutt to Ericsson for a 5x return
Provider Venture Partners has sold their stake of Drutt, a software company, to Ericsson. The value of the deal is not disclosed but it is valued to be around SEK 350-400m, with Provider Venture Partners securing a 5x money multiple. Drutt Corporation...
UK - Enterprise Ventures completes further investment in H20 Networks
Enterprise Ventures has completed a further investment in H2O Networks Ltd through its Coalfields Enterprise Fund. Enterprise Ventures first invested in the company during late 2006 to finance the companyтs growth plans and this follow-on round of funding...
NORWAY - Ferd Ventures invest EUR 2m in Kvaleberg
Ferd Ventures has invested EUR 2m in Kvaleberg, a mobile software company located in Oslo. The investment will be used to accelerate international growth.
FRANCE - AXA Private Equity backs buyout of payment software business
In a management buyout, AXA Private Equity has acquired the majority of the shares of Welcome Real-time, a provider of payment software for financial institutions and payment networks.
FINLAND - 3i acquires 25% of DNA for EUR 140m
3i has acquired 25% of the shares in Finnet OY, a Finish mobile operator, for EUR 140m. Following the deal Finnet OY is to be renamed DNA. 3i's stake will be reduced to 13% after the anticipated merger of five local operators and DNA. The 25% stake has...
FRANCE - GIMV hires Dubus
Belgian-based Investment company GIMV has hired Geoffroy Dubus to head investments in the ICT sector in France. Dunus will also assist with the opening of GIMV's French office. Dunus was previously a partner at French private equity house Innovacom,...
FINLAND- CapMan invests in Movial Applications
CapMan Technology 2007 fund has invested in Movial Applications, a provider of IP communication software network equipment. CapMan will hold a minority stake in the company, while the management and employees will continue to hold the majority of the...
UK - LDC to open Scotland office
LDC is planning to establish a dedicated new business team in Scotland as part of its continued expansion. The new office, to be based in either Glasgow or Edinburgh, will be LDC's eleventh regional office bringing its total number of offices to 12 including...
UK - ISIS acquires medicine prescribing software company ScriptSwitch
ISIS Equity Partners has acquired ScriptSwitch, a medicine prescribing software company, in a ТЃ9.9m replacement capital transaction. ISIS invested ТЃ4.6m from its Baronsmead VCTs. This is ISIS's second deal in as many days following its buyout of the...
UK - Fearghal Ó Ríordaín joins SEP from Accel
Scottish Equity Partners (SEP) has announced the appointment of Fearghal У RУordaУn, formerly of Accel Partners. У RУordaУn will operate from SEPтs London office. Prior to SEP, У RУordaУn spent five years at Accel Partners. He was a founding principal...
SWEDEN- Creandum, Teknoinvest and Grande Ventures invests $6m in Mitrionics
Mitrionics AB, software developer, has received $6m of funding from three investment firms: Grande Ventures, LLC, a United States-based firm and lead investor in this round, and Creandum and Teknoinvest. Creandum and Teknoinvest are both previous shareholders...
GERMANY - Palomon sells D.A.V.I.D. GmbH
Palomon Capital Partners has sold its stake in German software solutions provider D.A.V.I.D. GmbH to Silex Media GmbH for an undisclosed amount.
SPAIN - Clave Mayor backs software development house
Venture firm Clave Mayor has invested EUR 1m of its fund Punto Futuro in software developer Futura Acorp.
