Southern Europe unquote
Southern Europe unquote” April 2013
At a recent industry conference, a handful of international investors described Spain as one of the most attractive markets in Europe at the moment.
Principia and Vertis invest $6m in Jusp
Italian VCs Vertis and Principia have made a capital injection of around $6m into Jusp, a mobile payments systems provider.
Portobello Capital’s Stock Uno buys CTC from Suma
Stock Uno, a logistics firm owned by Portobello Capital, has wholly acquired CTC Externalización, an outsourcing industrial and logistics services provider backed by Suma Capital.
Sarkozy meets with Spanish bankers for private equity fund
Former French president Nicolas Sarkozy has met with Spanish bankers ahead of the launch of a €1bn private equity fund, according to reports in the local press.
Idea Capital closes energy fund on €100m
Italian private equity investor Idea Capital Funds has held a final close for its Idea Energy Efficiency and Sustainable Growth fund on its €100m target.
Caixa and Inveready back Minoryx
Caixa Capital Risc and Inveready have taken part in a first round of funding for Minoryx, a therapeutic agents firm.
Active Venture Partners backs Packlink with €1.5m
European VC investor Active Venture Partners has injected €1.5m into Spanish parcel and courier services site Packlink.
Caixa Capital Risc et al. invest in Pevesa Biotech
Caixa Capital Risc has led a €1.6m funding round for Spanish biotech firm Pevesa Biotech.
Moleskine's public market debut belies Advent's Milan closure
Syntegra's Moleskine, the golden boy of Italian private equity, has listed. But while the local GP revels in the benefits the domestic market affords, Advent International closes its Milan office. Amy King investigates
Clessidra buys Buccellati
Clessidra has bought a 70% stake in Italian jewellery firm Buccellati via the holding company Buccellati Holding Italia.
Spanish government launches €1.2bn fund-of-funds
The Instituto de Crédito Oficial, Spain’s state-owned bank attached to the Ministry of Economic Affairs and Competitiveness, has launched a fund-of-funds holding €1.2bn.
Eurazeo plans Moncler disposal
French listed investment firm Eurazeo is planning to exit Italian ski jackets maker Moncler through an IPO, according to reports.
Highgrowth sells Facomsa stake to Prudential Tradelink
Spanish VC investor Highgrowth has sold its 35% stake in automotive components manufacturer Facomsa in a trade sale to Prudential Tradelink.
Southern Europe unquote” March 2013
Portuguese private equity hit an all-time low in 2012. While most investors made a full retreat, those that remained stumbled through the economic turmoil and completed just two transactions.
Alpha's Savio bolts on Mesdan
Savio Macchine Tessili, a textile machinery producer owned by Alpha, has acquired a controlling stake in yarn splicing devices firm Mesdan.
Moleskine to list this month
Notebook and diary brand Moleskine, owned by Italian GP Syntegra, will list on the Milan stock exchange this month.
Omnes Capital injects €4m into Futuris
Omnes Capital has provided Futuris, an Italian developer of biomass-powered co-generation plants, with €4m of growth capital.
HIG Capital in talks with Ribera Salud
HIG Capital has entered into negotiations to buy Ribera Salud, a Valencia-based provider of healthcare services, according to reports in the Spanish press.
Miura Private Equity’s Gescobro buys Unitas
Gescobro, a debt management services company backed by Miura Private Equity, has acquired Spanish debt servicing firm Unitas.
New Italian VC launches with Fondo Italiano backing
Fondo Italiano di Investimento has committed capital to United Ventures, a newly-formed venture capital firm based in Italy.
Clessidra to make another offer for Telecom Italia
Italian GP Clessidra is to make a new offer for Telecom Italia Media, according to reports.
Portugal’s export credentials lure GPs back
Portugal's export edge
Partners Group invests in Softonic
Partners Group has invested in Spanish multi-platform software guide Softonic.
Torsa Capital injects €500,000 into Hielos de Asturias
Spanish investor Torsa Capital has injected €500,000 into Hielos de Asturias, a manufacturer and distributor of ice and frozen dough.