Technology
Luxembourg - Taylor Wessing advises IGEFI on Summit Partners equity investment
Taylor Wessing has advised IGEFI Group, a provider of software solutions to the investment funds industry, on its equity investment from Summit Partners.
UK - Chronicle Solutions receives £3m 3i backing
3i has led a ТЃ3m series-A investment in Chronicle Solutions along with syndicate partners Scottish Equity Partners and Societe Generale Asset Management Alternative Investments. As part of the deal, Nick Kingsbury, sector partner at 3i, is appointed...
DENMARK - Nordic Capital acquires Dangaard Telecom
A subsidiary of Nordic Capital fund VI has signed an agreement to acquire Dangaard Telecom from BHS Holding, debitel, Fleggaard Holding and Dangaard Telecom Partners. The value of the deal has not been disclosed.
FRANCE - Triago X announces new board of directors
Triago-X, the private equity secondary transactions specialist, has announced three new appointments that will form the board of company directors. This change comes prior to a planned company expansion and their listing on the Alternext of Euronext™...
SPAIN - Savia Coinversión SCR invests in EUR 5m in MSS
The Zaragoza-based private equity firm has announced an investment of EUR 5m in Mobile Security Software (MSS). MSS is working on the development of a high security system for mobile devices that includes coding and uncoding, authentication control and...
UK - Misys the latest take-private target
The Sunday Times and the Financial Times have both reported that the healthcare and financial-services software firm Misys is being circled by private equity firms following its announcement on Friday that it is the subject of a possible management buyout....
FINLAND - Eqvitec sells Saraware
Wipro Technologies has signed an agreement to acquire Eqvitec-backed Saraware Oy in an all cash deal. With a consideration of EUR 25m, the transaction includes upfront cash payment and debt takeover in addition to earn-outs on achieving targeted financial...
FRANCE - Bids for PagesJaunes to close on 18 June
The deadline for bidders to declare their interest in France Telecom's directory business PagesJaunes is the 18 June.
FRANCE - AGF Private Equity recruits VoIP specialist
Matthieu Baret joins AGF Private Equity's venture team, where he will specialise in telecoms, IT and electronics investments.
FRANCE - New law office: cabinet Bremond
Guilhem Bremond, former head of the turnaround division of cabinet Veil Jourde, has announced the creation of cabinet Bremond.
FRANCE - Ipnotic Telecom raises EUR 9.6m
A syndicate of investors including Turenne Capital, CM-CIC Capital Privé, CDC Entreprises Innovation and A Plus Finance have injected EUR 9.6m in a first round of financing for Ipnotic Telecom
GERMANY - Deutsche Telekom could bid for BT
According to a report published in the FT today Deutsche Telekom, in which The Blackstone Group recently acquired a minority stake, might consider an offer for British Telecom.
BELGIUM - Big Bang Ventures leads investment round for Qlayer
Big Bang Ventures has announced that it has taken the lead in a EUR 1.3m first round of financing for Qlayer, a provider of virtualisation management software for commercial data centers. The transaction represents the first investment of Big Bang Ventures'...
SWEDEN - CapMan invests in Spintop Netsolution
Funds managed by CapMan will invest in Spintop Netsolution AB, a Swedish software development and services company. Following this investment, CapMan funds will have a 30 percent stake in Spintop and the company’s founders and key employees will hold...
UK - Telent to be taken private by Fortress Investment
Telent has been offered 529.5p per share by the US private equity firm Fortress Investment according to a report in today's Times. The deal will value Telent, the only part of former industrial giant Marconi that remains independent, at ТЃ346m. Ericsson...
FINLAND - 3i and Nordic Venture Partners invest EUR 4m in Meridea
Meridea has received around EUR 4m in growth capital from existing investors 3i and Nordic Venture Partners.
NORWAY - VC-backed Trolltech applies for listing
Trolltech has filed an application for listing on the Oslo Stock Exchange. Index Ventures owns 22.3% of the company, Teknoinvest 11.1% and Northzone Ventures 4.8%.
FRANCE - Galileo Partners injects EUR 2m in Talend
According to press sources, French privatre equity house Galileo Partners has invested EUR 2m in software developer Talend.
FRANCE - OTC AM injects EUR 2m in RVR Systems
RVR Systems has secured a EUR 2m first round of financing from OTC AM.
UK - US-based Saints Capital buys technology portfolio for cash
The sale of the entire portfolio of unquoted investments and certain restricted quoted investments of Amerindo Internet Fund Plc (AIF) and Emerging Technology Portfolio (ETP) have been sold to funds managed by Saints Capital and Willowridge Inc for cash....
BELGIUM - Carlyle acquires 80% of Transics NV
The Carlyle Group has announced that it has acquired an 80% stake in Transics NV, together with the founders and co-chief executive officers, Walter Mastelinck and Ludwig Lemenu. The transaction signifies the third investment from its European technology...
FRANCE - Virtual reality software developer gets EUR 4.5m extra backing
Previous investors Partech International and I-Source Gestion have been joined by Elaia Partners in the second round of financing for Total Immersion, a French software developer, specialised in virtual reality applications.
ITALY - Successul listing for Wellington portfolio company NoemaLife SpA
On its first day of trading on the Milan Stock Exchange, NoemaLife's share price grew by 37% from the original issue price of EUR 9 per share to reach EUR 12.30 per share, representing a market capitalization of EUR 52m.
FRANCE - BI-SAM Technologies receives EUR 5m from Galileo and Alven
Galileo Partners and Alven Capital have invested EUR 5m in BI-Sam Technologies, in two tranches. The company’s three founders retain a majority equity stake