Southern Europe unquote
Warburg Pincus and General Atlantic acquire 50% of SAM
Warburg Pincus and General Atlantic have taken a 50% stake in Santander Asset Management for €700m.
Nazca buys Agromillora
Nazca Capital has acquired Spanish plant propagation firm Agromillora.
Vertis to launch €60m fund
Italian venture capital firm Vertis is to launch a new fund in June 2013.
Baring Private Equity Partners backs Grupotec
Spanish investor Baring Private Equity Partners is believed to have injected fresh capital into Valencian engineering firm Grupotec.
Charterhouse enters Italian market, buys Doc Generici
Charterhouse Capital Partners has wholly acquired Italian pharmaceutical firm Doc Generici, marking the GP’s first transaction in the Italian market, according to reports.
Sofina leads €25m round for Privalia
Belgian investor Sofina has led a €25m funding round for Spanish clothing sales club Privalia Venta Directa.
Caixa Capital Risc leads €1.1m round for iMicroQ
Caixa Capital Risc has led a €1.1m funding round for Spanish biotech firm iMicroQ.
Partners Group and Perennius integrate Italian activity
Partners Group and Perennius Capital Partners have announced the integration of their investment and client services activity in Italy.
Progressio appoints non-executive president ahead of fundraising
Italian private equity firm Progressio has appointed Luciano Balbo as non-executive president.
Vertis buys minority stake in Arav
Italian VC investor Vertis has agreed to commit €9m to Naples-based clothing producer Arav in exchange for a minority stake.
Santander's asset management arm attracts PE duo
Banco Santander has entered exclusive talks with General Atlantic and Warburg Pincus regarding the sale of a stake in its asset management arm, according to reports.
Kurma leads €17m series-B round for Stat Diagnostica
Kurma Life Sciences Partners has led a €17m series-B round for Spanish medical diagnostics company Stat Diagnostica.
Southern Europe unquote” May 2013
Italian businesses are struggling. In the first quarter of the year, 4,218 Italian firms went bankrupt according to financial newspaper Il Sole 24 Ore; a 13% increase on the same period in 2012.
KKR provides debt financing to Spain’s Uralita
KKR Asset Management, KKR‘s sub-investment grade manager, has provided a €320m seven-year facility to Spanish building materials firm Uralita.
Inveready enjoys 50% IRR on 3Scale partial exit
Spanish investor Inveready has partially exited 3Scale, a technology solutions provider, following a $4.2m capital injection into the firm from US investors.
Apax nears closing on Rhiag deal
Apax Partners is set to close the acquisition of Italian auto parts distributor Rhiag from French GP Alpha Associés Conseil, according to reports.
Nauta leads €1.6m round for Marfeel
Nauta Capital has led a €1.6m round for Marfeel, a solutions provider to the web publishing industry.
Mittel and Roland Berger launch Italian turnaround initiative
Italian investor Mittel Management has announced the launch of a vehicle seeking turnaround opportunities in Italy, in partnership with Roland Berger Strategy Consultants.
Cofides commits €5.6m to Grupo Sampol
Spanish investor Cofides has committed €5.6m to Grupo Sampol, a Spanish energy and engineering firm.
360 Capital Partners and Eataly launch Eataly Net
360 Capital Partners has teamed up with Italian food retailer Eataly to found Eataly's online business Eataly Net.
Innogest holds first close and strengthens team
Italian VC Innogest has held a first close for its second fund at around €50m and added two new members to its team.
N+1 receives dividend recap payout from Mivisa
Spanish GP N+1 has received €21.8m as part of a dividend recap from canning company Mivisa Group.
Axa PE sells Duplomatic Oleodinamica to Progressio
Axa Private Equity has sold Italian industrial supplier Duplomatic Oleodinamica in a secondary buyout to Progressio SGR.