Southern Europe unquote
Caixa Capital Risc raises third fund
Caixa Capital Risc has raised its third fund, according to reports in the Spanish press.
Doughty Hanson acquires Grupo Hospitalario Quirón
Doughty Hanson has agreed to acquire a stake of around 40% in Spanish hospital group Grupo Hospitalario Quirón from current owners the Cordón Muro family, who will retain the remaining shares.
IMI Fondi Chiusi backs Svas Biosana
IMI Fondi Chiusi has invested €6m in exchange for a minority stake in Italian medical devices and infusion solutions company Svas Biosana.
Fondo Italiano backs Angelantoni Test Technologies
Fondo Italiano di Investimento has made an €8m equity investment in exchange for a minority stake in Angelantoni Test Technologies, which provides testing equipment and services for use on mechanical and electrical systems and products.
Consilium acquires Tucano Urbano for €12m
Consilium SGR has acquired a majority stake of around 75% in Italian motorcycle clothing company Tucano Urbano for a reported €12m.
Wise and J Hirsch buy Alpitour from Exor
Wise SGR and J Hirsch & Co have acquired a 54% stake in Italian tourism company Alpitour from Exor – which will retain 10% of the company – in a deal that gives the business a €225m enterprise value.
Fondo Italiano backs Farmol
Fondo Italiano di Investimento has invested €11.25m in Bergamo-based aerosol company Farmol in exchange for a minority stake.
Southern Europe unquote" April 2012
In early March, Spanish prime minister Mariano Rajoy announced a self-imposed adjustment to the country’s budget deficit targets as defined by Brussels, adjusting the figure from 4.4% of GDP to a gentler 5.8%. The change has fuelled eurozone anxiety...
BlackFin acquires Chiarezza
BlackFin Capital Partners has wholly acquired Italian insurance aggregator Chiarezza from motor insurance firm Admiral Group.
Investindustrial reaps 3x on Ducati exit
Investindustrial has sold Italian motorcycle designer and manufacturer Ducati to Audi AG, a deal believed to be worth slightly less than €900m.
Italian Stock Exchange launches PE initiative
The Borsa Italiana has announced the launch of Elite, a platform uniting 15 Italian private equity houses with the shared focus of boosting unlisted Italian SMEs.
Assietta acquires Pamfood
Assietta Private Equity has acquired a 90% stake in Ligurian speciality food producer Pamfood from the Maggiali family.
OpCapita acquires GAME Iberia
OpCapita has acquired the Iberian operations of distressed videogames retailer GAME Group.
Investindustrial nears €1.25bn hard cap
Southern European GP Investindustrial is in the final stretch of raising its fifth fund, with more than €1bn in commitments already. Kimberly Romaine reports
La Caixa and Cabiedes back Deskidea
Caixa Capital Risc and Cabiedes & Partners have participated in a €350,000 funding round for Deskidea, a Spanish online retailer of office equipment.
Comecer acquires Veenstra
Fondo Italiano portfolio company Comecer SpA has acquired Dutch nuclear medicine technology and software firm Veenstra Instruments BV.
Advanced Capital hires adviser
European fund-of-funds Advanced Capital has announced the hire of Alberto Clô as special adviser for investment in the energy sector.
Mercapital exits Bodegas Lan
Spanish private equity house Mercapital has sold Spanish wine producer Bodegas Lan to Portuguese wine group Sogrape.
Ambienta announces international expansion and new hires
Italian private equity firm Ambienta SGR has announced the expansion of its business to Munich, to capitalise on investment opportunities in Germany and Central and Northern Europe.
Avindia Capital launches energy fund
Spanish private equity firm Avindia Capital has announced the launch of its first fund, Avindia Energy I.
Banesto exits Top 30
Banesto Enisa Sepi Desarrollo has sold its 22.6% stake in Spanish climbing wall producer Top 30 to UK-based climbing wall manufacturer Grupo Entre Prises.
Atlas Capital completes MBO of Adea
Atlas Capital has acquired 98.2% of Adea, the document management subsidiary of Spanish IT firm Indra, for around €15m. The transaction includes both equity and debt.
Southern Europe unquote" March 2012
The Italian private equity and venture capital industry seems set for a change. Last year, as the banks became less willing to provide credit and more concerned with their own balance sheets, the number of buyouts supported by debt fell.
SGECR backs Media For Future
Gestión de Capital Riesgo del País Vasco has provided an equity and subordinated debt package worth €436,000 in exchange for a 20% stake in Basque online interactive content producer Media For Future.