Southern Europe unquote
Fondo Italiano acquires 25% of TrueStar
Fondo Italiano has acquired a 25% stake in TrueStar Group, an Italian company that offers baggage wrapping services at airports.
Fondo Italiano invests €10m in Eco Eridania
Fondo Italiano d'Investimento, a public-private partnership which is backed by the Italian government, has subscribed €10m to the capital increase carried out by Eco Eridania.
Vista Capital looking to sell Indas
Vista Capital de Expansión are looking to divest sanitary pad maker Indas.
Landon invests €3.5m in Sercotel
Landon Investments, the venture capital arm of Grupo Corporativo Landon, has invested €3.5m in Spanish hotel chain Sercotel via a capital increase, thus upping its stake to 70%.
VCs invest another $26m in Groupalia
Index Ventures, Caixa Capital Risc, Nauta Capital, General Atlantic and Insight Venture Partners have subscribed to a $26m capital increase carried out by Spanish discounts website Groupalia.
GCRPV backs Azcue with €1m
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has backed the Basque Country's Azcue y Cia with a €1m investment.
GCRPV leads €750,000 Goialde round
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has led a €750,000 funding round for Basque firm Goialde.
GCRPV leads €750,000 Goialde round
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has led a €750,000 funding round for Basque firm Goialde.
GCRPV injects €1.1m in GMTK
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has injected €1.125m into Basque company GMTK.
GCRPV invests €1m in Sagola
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has invested €1m in Basque business Sagola.
Caixa Capital Risc invests in zero2infinity
Caixa Capital Risc, the venture capital division of Spain’s La Caixa savings bank, has invested in Barcelona-based aerospace company zero2infinity.
Investitori Associati exits La Rinascente
A consortium comprising Investitori Associati, Deutsche Bank Real Estate Global Opportunities (DBGO), Prelios and Boletti Group have sold La Rinascente for €205m.
3i sells Mosaicon stake
Private equity house 3i has sold its 58.37% stake in leather goods distributor Mosaicon to Antichi Pellettieri for €7.5m.
Fondo Italiano invests in Sanlorenzo
Fondo Italiano di Investimento (FII) has participated in a €30m capital increase for Italian yacht builder Sanlorenzo SpA.
Clave Mayor-backed Papas Vicente Vidal buys Aperitivos Gus
Papas Vicente Vidal, a Spanish family business recently acquired by Clave Mayor and Sodena-backed APEX, has purchased 100% of snacks manufacturer Aperitivos Gus.
Investindustrial and Alpha exit Permasteelisa for €600m
Private equity firms Investindustrial and Alpha Group have sold Italian architectural and engineering business Permasteelisa to JS Group for €573m, or 7.6x EBITDA.
Ergon acquires Fundició Dúctil Benito
Belgium mid-cap firm Ergon Capital Partners has acquired a majority stake in Catalan company Fundició Dúctil Benito in its first transaction in Spain.
GCRPV invests in four Basque firms
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has invested €4m in four Basque businesses.
MCH and Corpfin invest in Segur Ibérica
MCH Private Equity and Corpfin Capital have acquired N+1 Private Equity’s stake in Spanish security firms Segur Ibérica and Hortus Mundi for €26m.
Nazca Capital buys EUREKAKIDS
Nazca Capital has acquired Damerik, which owns Catalan toy chain EUREKAKIDS, via the purchase of equity and a capital increase.
Secondary players dominate Italy’s foreign LP base
Italian GPs ought to be doing more to attract foreign investors at the fundraising stage, as many of the country's overseas-based LPs are secondary players. Susannah Birkwood finds out whether this and other local trends are about to change.
Magnum’s Seda Coffee deal falls through
Magnum Capital Partners’ bid to acquire a 50% stake in Seda Coffee has fallen through, despite its announcement last April that the deal would go ahead.
N+1 et al. exit Serventa
N+1 Private Equity, Dinamia and Nmás1 Private Equity Fund LP, have sold their shareholding in vending machine operator Servicio de Venta Automatica SA (Serventa) to Autobar Group for €6.24m.
Southern Europe unquote” out now
The latest digital edition of Southern Europe unquote” is out now, bringing you all the latest deals, funds and analysis in the region.