Spain
Magnum buys Geriatros
Magnum Capital has acquired Spanish care services provider Geriatros.
N+1 and Mercapital merge
Spanish venture capital firms N+1 Private Equity and Mercapital have merged to form N+1 Mercapital. The new investment firm will manage €1.7bn, making it the largest in Spain.
Apax, CVC, Carlyle and Trilantic bid for Euskaltel
Apax Partners, CVC Capital Partners, Carlyle and Trilantic are the final four bidders for 49% of Spanish telecommunications company Euskaltel, according to reports in the Spanish press.
Investcorp bids for 3i-backed Esmalglass
3i has received an offer of around €300m from Investcorp for Spanish ceramic enamel producer Grupo Esmalglass.
Seguranza leads series-A round for Aquilón
Seguranza has led a €2m series-A funding round for veterinary services and products producer Aquilón CyL.
21 Centrale Partners buys Village Center
21 Centrale Partners has acquired outdoor accommodation group Village Center from NYSE Euronext Paris-listed Promeo Group.
Ysios leads €2m round for Inbiomotion
Ysios Capital has led a €2m series-A funding round for Spanish molecular diagnostics company Inbiomotion.
Ambar injects €1.1m into ProtOn
Ambar Venture Capital has invested €1.1m in Spanish online security company Protección On-Line (ProtOn).
Investindustrial exits Contenur
Investindustrial has exited plastic urban waste containers producer Contenur to Miura Private Equity and Demeter Partners of France.
21 Centrale Partners in talks to buy Village Center
21 Centrale Partners is planning to create a large outdoor accommodation group by merging its portfolio company Vacances directes with Promeo subsidiary Village Center.
Permira-backed Telepizza extends loans
Permira has led a €35m equity injection into Spanish fast food chain Telepizza as part of a larger refinancing operation, according to reports.
Blackstone appoints senior adviser in Spain
Claudio Boada has joined Blackstone Group’s global private equity and real estate teams as a senior adviser.
Turnarounds expect deal flood post-Olympics
The Diamond Jubilee and Olympics are detracting from private equity activity, though banks could at last be ready to sell their equity investments. Kimberly Romaine reports
Southern Europe unquote" June 2012
A recurrent refrain sung by the Italian private equity community and the name of a recent initiative that amplifies the chorus of voices calling for growth: Why Not Italy?, announced in May, unites top Italian private equity players in a bid to promote...
Sherpa acquires Dédalo division
Sherpa Capital has wholly acquired Dédalo Grupo Gráfico, the commercial printing division of Dédalo, from Spanish private equity house Ibersuizas and media conglomerate Grupo Prisa.
Inveready leads €1.5m round for Wineissocial
Inveready has led a series-A funding round of more than €1.5m for Spanish wine e-tail and recommendation site Wineissocial.
Nauta subscribes to €4.5m Yuilop round
Nauta Capital has participated in a €4.5m series-A funding round for portfolio company Yuilop, a Spanish smartphone software developer.
Southern Europe unquote" May 2012
“This is going to cost me a general strike,” said the Spanish prime minister, commenting on his labour reforms.
Permira's Telepizza to extend loans
Spanish pizza delivery chain Telepizza, backed by Permira, is asking lenders to extend the maturities of its loans, according to reports.
Telefónica launches VC arm in Spain
Telecommunications group Telefónica has launched a venture capital subsidiary, Telefónica Digital Venture Capital.
Riverside promotes Juan Barnechea
The Riverside Company has promoted Juan Barnechea, who heads the firm’s origination team in Europe, to managing director.
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.
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 and...