Benelux Unquote
Benelux unquote" February 2013
The Dutch venture capital industry has suffered a lot in the past couple of years. While the country’s early-stage sector was growing until 2008, it collapsed entirely in 2009. Since then, dealflow has been slow. According to unquote” data, Dutch venture...
KKR and Bayside Capital acquire 75% of Estro Group
KKR and Bayside Capital, the credit business of HIG, have acquired 75% of Dutch day-care operator Estro Group as part of the company's restructuring.
PE backers to reduce NXP Semiconductors stakes
AlpInvest Partners, Apax Partners, Bain Capital Partners, KKR and Silver Lake Technology Management are due to sell 30 million shares in listed Dutch semiconductor developer NXP Semiconductors.
Summit Partners sells Ogone to Ingenico for €360m
Summit Partners has exited Belgian payment solutions provider Ogone in a €360m trade sale to listed company Ingenico.
CVC to lead €1.8bn restructuring of SNS Reaal
CVC Capital Partners will lead a consortium to restructure SNS Reaal, a Dutch insurer and the country's fourth largest bank, according to local press.
Omnes Capital et al. invest in Medisse
IIG (Innovatie- en Investeringsfonds Gelderland), BioGeneration Ventures and Omnes Capital have invested €2.6m in Dutch pharmaceuticals company Medisse.
Enterprise Investors to acquire Scitec Holding BV
Enterprise Investors has acquired a significant majority stake in international sports nutrition company Scitec Holding BV, together with its minority co-investor Morgan Stanley Alternative Investment Partners.
Nausicaa Ventures et al. invest €7.7m in Bone Therapeutics
Existing investors and two new regional backers have committed €7.7m to Belgian pharmaceuticals company Bone Therapeutics.
Indufin takes 40% stake in SecureLink
Indufin has acquired a 40% stake in Belgian IT networking and security solutions provider SecureLink.
Unilever and FF&P exit BAC BV
Unilever Ventures and FF&P Private Equity have sold BAC BV, which specialises in affinity purification of biological materials, to Life Technologies Corporation.
Prime Ventures IV holds first close on €100m
Prime Ventures has held a first closing for its latest fund, Prime Ventures IV, on €100m.
Benelux private equity's 2012 highlights
The Benelux region had a relatively quiet 2012 and little deal activity is expected until the broader European economy improves. However, the deal dearth was eclipsed by other events, including the clean-up of Belgium’s banking sector, the Dutch elections...
ABN Amro paid €20m compensation to AAC Capital
ABN Amro paid Dutch private equity firm AAC Capital €20m in compensation in 2011, after it could not honour a €2bn commitment to AAC's fund, according to local press reports.
Gimv et al. invest €5m in biotech startup AgroSavfe
Gimv has led a €5m investment in Belgian green crop protection products business AgroSavfe, alongside regional funds PMV, Sofi, QBIC and VIB.
Dutch GPs eye Belgian printing company Xeikon
Gilde and Waterland Private Equity are said to be circling Belgian digital printing company Xeikon, according to local press.
Apax France exits IEE
Apax France has sold Luxembourg-based sensor systems specialist International Electronics & Engineering (IEE) to a consortium including Chinese strategic investors and an international financial investor.
One Equity Partners merges portfolio companies
One Equity Partners has combined its two packaging portfolio companies Schoeller Arca and Linpac Allibert.
Cyrte buys Emesa from Oakley Capital
Cyrte Investments has bought Dutch travel and leisure e-commerce company Emesa from its current investors, including Oakley Capital, for approximately €95m.
SJ Berwin opens Luxembourg office
SJ Berwin has opened an office in Luxembourg, which will focus on corporate finance, private equity, funds and tax.
GCS Capital buys Dexia Asset Management
Hong Kong-based GCS Capital has acquired Dexia Asset Management (DAM) from its parent company Dexia SA.
Benelux unquote" December 2012/January 2013
Gimv leads the region’s transactions league table, having completed six deals to date in 2012. The firm’s largest investment was the January PIPE deal with frozen food producer PinguinLutosa, worth €44m.
Egeria Private Equity Fund IV closes on €600m
Egeria has held an oversubscribed first and final close for its fourth private equity fund, reaching its hard-cap of €600m.
Gimv takes loss on Salsa Food Group
Gimv has sold its shares in Belgian ready-made salad company Salsa Food Group to private equity-backed SaladSignature, a producer of refrigerated spreadable salads and convenience food.
Triton ups European Directories stake
Triton Partners has increased its stake in commercial search directory business European Directories to 50.1%, following the company's debt restructuring.