News/Deals
SWEDEN - Chalmers supports SEK 3.5m Smoltek funding
Swedish seed investor Chalmers Innovation has, alongside existing backers, backed nanotechnology business Smoltek with an investment of SEK 3.5m.
UK - Warburg may up Premier Foods stake to 18%
Warburg Pincus has been given consent to increase its stake in AIM-listed food manufacturer Premier Foods plc by 2%, bringing its shareholding in the company to almost 18%.
GERMANY - Advent and Marcol acquire Median
Advent International and Marcol have jointly acquired independent rehabilitation care provider Median for an undisclosed sum.
FRANCE - ENEX-backed Louise raises EUR 3m
ENEX Group-backed cosmetics business Louise Enterprises has raised a further EUR 3m in financing from a private investor.
DENMARK/US - SLS supports $8m AdvanDx funding
Returning backers SLS Ventures and Danish pension fund LD Pension have contributed $8m in the second part of a series-C funding round for biotechnology business AdvanDx.
GERMANY - HTGF, DuMont and Draper back Plista
New backers High-Tech Gründerfonds and DuMont Venture and existing investor Draper Investment Company have invested an undisclosed seven figure sum into internet business Plista, alongside business angel Peter Schüpbach provided.
GERMANY - Gimv backs $43m Ubidyne funding
Gimv has provided $10m as part of a $43m second round of financing for technology company Ubidyne, alongside historical backers Baytech, Doughty Hanson and TVM.
GERMANY - Silverfleet buys Montagu's Kalle for EUR 212.5m
Silverfleet Capital has acquired Kalle GmbH, a manufacturer of artificial sausage casings and sponge cloths, from Montagu Private Equity for a total consideration of EUR 212.5m.
GERMANY - Change Capital acquires EUR 25m Hallhuber
Change Capital, via Change Capital Fund II, has acquired the entire share capital of apparel retailer Hallhuber GmbH from Stefanel GmbH, a subsidiary of Italy-based Stefanel SpA, in a deal valued at EUR 25m.
UK - Montagu looks to part with Survitec
According to reports, Montagu Private Equity is looking to sell defence group Survitec for £300m, more than double the price it paid for the company in 2004.
NORWAY - Proventure and Investinor back NOK 30m Numascale funding
Norwegian government-backed venture fund Investinor and seed investor Proventure have participated in a NOK 30m investment round for Norwegian semiconductor business Numascale.
UK - GMT-backed Primesight acquires Titan assets
Outdoor advertising company Primesight Limited, backed by private equity firm GMT Communications Partners, has acquired the roadside assets of Titan Outdoor Advertising Limited for an undisclosed sum.
UK - South East Growth Fund reaps 5x return on BioAnaLab exit
Regional venture investor South East Growth Fund (SEGF) has wholly exited its investment in biotechnology company BioAnaLab through a trade sale to Millipore Corporation, generating a return of 5x money and an IRR of 28%.
GERMANY - Earlybird and Target Partners invest EUR 2m into Scoreloop
Earlybird and Target Partners have invested EUR 2m into internet platform Scoreloop AG.
EUROPE - 3i may sell venture portfolio to Coller and HarbourVest consortium
3i is now reportedly in exclusive talks with a consortium led by secondary investors Coller Capital and HarbourVest Partners regarding the sale of its venture portfolio, with the price tag thought to be in the region of £100m.
GERMANY - Summit Partners sells Dedon stake to founder
Summit Partners has sold its stake in furnishings manufacturer Dedon GmbH to Bobby Dekeyser, the founder and stakeholder of the company.
UK - Darwin acquires Hampson Aerospace for £23.7m
Darwin Private Equity has acquired the aerospace machining division of Hampson Industries plc in deal worth close to £24m.
UK - Maven invests £1m into Vamosa
Maven Capital Partners, via the Capital Enterprise Fund, has invested £1m in Vamosa, a provider of software for Enterprise Content Governance.
SWITZERLAND - Zurmont Madison’s CLS acquires Scandinavian Translators
Zurmont Madison Private Equity-backed communication technology business CLS Communication has acquired Copenhagen-based rival Scandinavian Translators for an undisclosed amount.
NETHERLANDS - PPM backs VIBES
Participatiemaatschappij Oost Nederland (PPM Oost) has invested an undisclosed amount in engineering firm Virtual Building Enginners (VIBES).
GERMANY - Private equity interest in Warburg’s easycash
Reports indicate that several private equity firms are among the interested parties who have submitted first round bids for Warburg Pincus' credit card transaction business Easycash GmbH.
UK - Octopus leads £4.5m KeTech investment
Octopus Investments, through the Octopus Capital for Enterprise Fund, has invested £2m into systems integrator company KeTech Group as part of a £4.5m funding round for the business. Centric Commercial Finance provided £2.5m of invoice discounting...
UK - VC-backed Zoopla acquires PropertyFinder
Octopus Ventures- and Atlas Venture-backed Zoopla, a provider of residential property value data, has acquired rival PropertyFinder from News International and the REA Group for an undisclosed sum.
UK - Existing backers invest $11m into Ubiquisys
Existing VC backers have invested $11m in specialist femtocell company Ubiquisys, in a third round of funding for the business. The company has previously raised $42m from Accel Partners, Advent Venture Partners, Atlas Venture, Google and T-Mobile Venture...