Netherlands
Carta Capital reaps 14-18% IRR on three exits
Lower mid-market mezzanine investor Carta Capital has exited three of its investments, each reaping an IRR of 14-18% and a money multiple of 1.6x to 1.8x.
Waterland’s fifth fund raises €1.1bn
Waterland Private Equity Investments has held final close of its fifth fund, Waterland Private Equity Fund V, at €1.1bn.
Waterland invests €100m in Sarens
Waterland Private Equity has agreed to invest €100m in Dutch crane hire company Sarens Group.
Advent buys Mondo Minerals in SBO
Advent International has entered exclusive talks to acquire Mondo Minerals in a secondary buyout from HgCapital.
Benelux unquote" June 2011
The auction process for Parcom Capital-owned ticketing company See Tickets has now reached a second round of bidding, according to media reports.
Lead Equities-backed JCL acquires Wincanton
Lead Equities-owned JCL Logistics has made an add-on acquisition with service provider Wincanton BV.
Parcom to offload See Tickets for £120m
The auction process for Parcom Capital-owned ticketing company See Tickets has now reached a second round of bidding, according to media reports.
GE Capital appoints Ruud Kole
GE Capital has appointed Ruud Kole as executive director for the European leveraged finance unit and will be based in London.
Benelux unquote" May 2011
European mid-market investor ABN AMRO Capital (AAC) and the management of RP Holidays have sold their majority stake in the Dutch company to Gilde Buy Out Partners.
Arle-backed Stork acquires RBG from 3i
Arle Capital Partners’ portfolio company Stork Technical Services Holding B.V. has acquired RBG Limited from 3i.
Vesalius Biocapital et al. back ProFibrix
A consortium of venture investors led by Vesalius Biocapital and INKEF Capital has provided Dutch biotech company ProFibrix with a series-B follow-on financing round.
Life Sciences Partners launches €250m fund
Life Sciences Partners has launched LSP Life Sciences Fund N.V. with a target of €250m.
Benelux unquote" April 2011
Alpha Private Equity and AlpInvest Partners have purchased Dutch optical retail chain Hans Anders from Gilde and Comnaar investments.
Icos Capital invests in MicroDish
Icos Capital has invested in MicroDish BV, a company specialising in the development and sale of culture chips.
PPM Oost in €500,000 round for Yummm! Concepts
PPM Oost and a private investor have invested €500,000 in Dutch candy company Yummm! Concepts.
Oakley Capital invests in Emesa
Private equity firm Oakley Capital has acquired a majority stake in e-commerce business Emesa, providing €11.85m of equity as well as €15.4m senior and mezzanine financing.
Benelux unquote" March 2011
GIMV has made a €60m PIPE investment in listed Belgian frozen food producer PinguinLutosa.
Edison Ventures invests $6m in LearningGuide Solutions
Edison Ventures has invested €4.3m in Dutch software company Learning Guide Solutions.
Friesland Bank Investments acquires Brakel
The investment arm of Friesland Bank, Friesland Bank Investments, has acquired Brakel Interieurgroep together with the management from building material supplier CRH.
Prime Ventures and Intel Capital exit Silicon Hive
Prime Ventures and Intel Capital have sold their stakes in Dutch multimedia solutions provider Silicon Hive to Intel Corporation.
Icos Capital backs Greenclouds
Dutch venture company Icos Capital has backed Greenclouds.
Gilde and Parcom get green light for Gamma offer
Gilde and Parcom Capital Management’s take private offer for Gamma Holding has been approved by the European Commission.
Gimv sells stake in Liquavista
Gimv has sold its stake in Liquavista to Samsung Electronics Europe Holding Coöperatief UA.
Benelux deal activity continues to fall
For many European regions, 2010 was a brighter year, with private equity activity seeing a slow revival from the doldrums of 2009. But the Benelux market has continued to see a falling number of deal completions. John Bakie gives an overview