Southern Europe unquote
N+1 registers EQMC fund in Spain
Private equity firm N+1 has registered a new open-ended fund in Spain, which will allow Spanish LPs to participate in the investments made by its Ireland-based EQMC vehicle.
Southern Europe unquote" July/August 2011
French investment firm Eurazeo has paid Carlyle Group €418m for a 45% stake in Moncler, a Milan-based manufacturer of high-end sportswear products, in an SBO.
Jorge Quemada joins Cinven from 3i
Jorge Quemada has joined Cinven as a partner heading the firm’s investment activities in Iberia.
Private equity hungry for €215m Bimbo deal
Buyout houses Magnum Capital Industrial Partners, MCH Private Equity and Portobello Capital are among the potential bidders for Spanish bakery business Bimbo.
PM&Partners, Fidia and Athena exit AIVE
Private equity houses PM&Partners, Fidia and Athena Private Equity have sold IT services provider AIVE Group to Cap Gemini for €42.9m.
Portobello Capital appoints new CFO
Rebeca García García has been appointed as chief financial officer at Madrid-based private equity firm Portobello Capital.
Tiger Global subscribes to €3m Mequedouno round
US private equity firm Tiger Global Management has subscribed to the €3m capital increase carried out by Spanish online sales website Mequedouno.
Carlyle et al circle Spain’s Mare Nostrum
Buyout firms Carlyle Group, Apax Partners, Cerberus Capital Management and TPG have placed first-round bids for a stake in Spanish savings bank group Mare Nostrum.
Simbiosis considers €35m Cacaolat rescue
Simbiosis Venture Capital is considering rescuing Cacaolat, the beleaguered Spanish chocolate shakes-to-biscuits company owned by food group Nueva Rumasa.
JC Flowers in talks to buy €1bn CAM stake
US private equity firm JC Flowers is in negotiations with Spanish savings bank Caja de Ahorros del Mediterraneo (CAM) to buy a stake for between €400m-1bn.
Southern Europe unquote" June 2011
Spanish VCs were urged to emulate US firms at the ASCRI's 25-year anniversary conference.
Spanish VCs urged to emulate US firms
Susannah Birkwood reports direct from the 25-year anniversary conference held by ASCRI, the Spanish private equity association.
QMC exits Corporación Dermoestética
QMC Development Capital Fund is divesting Corporación Dermoestética.
N+1 in talks to buy Corporación IBV
N+1 Private Equity is in talks to buy most of the portfolio of industrial holding company Corporación IBV, according to sources cited by Spain’s El Confidencial.
CAN backs Laboratorios Ojer Pharma with €500,000
Corporación Caja Navarra (CAN), the private equity arm of Caja Navarra, has invested €500,000 in biotech company Laboratorios Ojer Pharma in return for a 11.22% in the business.
Apax, CVC and KKR in talks to acquire 20% of Caser
Private equity firms Apax Partners, CVC Capital Partners and KKR are at a critical stage in their talks with Caser about purchasing a 20% stake in the Spanish insurance firm.
CVC seeks Colomer buyer
CVC Capital Partners is searching for a buyer for its Spanish portfolio company, Colomer Group, a manufacturer of hair and nail care products.
Active invests €1m in Restalo.es
Technology investor Active Venture Partners has injected €1m into Spanish online restaurant bookings platform Restalo.es via a capital increase.
Tandem Capital fund closes down
Spanish private equity firm Tandem Capital has announced that it will be ceasing all operations of its €40m fund next month.
AC Desarrollo acquires 21% of Postigo
AC Desarrollo, the private equity arm of banking group Ahorro Corporación, has acquired a 21.28% stake in Spanish road safety firm Grupo Postigo via a capital increase.
Stirling Square exits Metroweb
Stirling Square Capital Partners has sold Italian fibre-optics network operator Metroweb to infrastructure fund F2i and bank Intesa Sanpaolo - a deal understood to be worth €436m.
Explorer Investments closes fund at €270m
Portuguese private equity firm Explorer Investments has held a final close of its third fund at €270m.
Blackstone et al consider BMN investment
Blackstone, Lone Star and Cerberus are among the private equity firms which have offered to invest in major Spanish financial group BMN.
Southern Europe unquote" May 2011
BC Partners has acquired 78.7% of Gruppo Coin as part of a pending take-private transaction. This represents an exit for PAI partners from the listed Italian apparel retailer.