News/Deals
UK - Aberdeen backs buyout of its private equity business
Aberdeen Asset Management has backed the management buyout of its own private equity business for an undisclosed sum, retaining a significant minority stake believed to be in the region of 25%.
UK - Charterhouse in talks to acquire Candover's Wood Mackenzie
UK buyout house Charterhouse Capital has reportedly entered exclusive talks to acquire Candover-backed energy consultancy firm Wood Mackenzie for £550m.
FRANCE - Montefiore ups stake in Auto Escape
Montefiore Investment has increased its shareholding in Alternext-listed car rental business Auto Escape to 80%.
UK - Notion Capital invests in Cellcrypt
IT-focused vehicle Notion Capital has led an undisclosed investment into mobile voice solutions provider Cellcrypt, alongside existing investors.
GERMANY - Leonardo invests further EUR 250,000 in InovisCoat
Leonardo Venture has invested a further EUR 250,000 in specialty foils company InovisCoat GmbH, maintaining its 49% stake in the business.
UK - Carlyle-backed Apollo Global to acquire BPP in £300m deal
Carlyle-backed educational investment company Apollo Global is reportedly to acquire business college operator BPP, in a deal that values the company at £303m.
UK - Doughty-backed Setanta may go into administration
London-based sports broadcaster Setanta, which is backed by a private equity syndicate comprising Doughty Hanson, Balderton Capital and Goldman Sachs, is reportedly days away from going into administration.
UK - LDC backs £20m buyout of ANSA and Independent Inspection
Mid-market investor LDC has backed the £20m management buyout of claims providers ANSA Holdings and Independent Inspection Holdings from listed parent company Mavinwood plc, in exchange for a majority stake in the newly combined business.
NETHERLANDS - Gimv backs Claymount MBO
Gimv has acquired a 43% in x-ray business Claymount Group in a management buyout, with CEO Jeffrey Tierie and other management team members retaining the balance of the equity.
FRANCE - Turenne funds EUR 6.6m Santé/Serf merger
Turenne Capital has provided portfolio company Menix with a EUR 6.6m capital injection to fund the merger between its subsidiary Dedienne Santé, a prosthetics company, and Serf, an orthopedics and dental implants company.
UK - Braveheart acquires Inkopo
Venture investor Braveheart has acquired the entire share capital of Yorkshire-based specialist investment business Inkopo. The consideration comprises an initial cash payment of £75,000 and three tranches of Braveheart shares over the next two years,...
UK - Accel Partners and Greylock make $22m Wonga investment
Accel Partners and Greylock Partners have led a $22m funding round for online short-term cash lender Wonga, alongside existing investor Balderton Capital.
FRANCE - Pechel Industries buys 42% stake in Eminence
Pechel Industries has taken a 42% stake in clothing company Eminence for an undisclosed sum.
UK - Private equity buyers no longer interested in Apollo and Keepmoat
Private equity interest in an investment into social housing contractors Apollo and Keepmoat has cooled, despite Lloyds officially putting their 20% holding up for sale.
FRANCE - Evolem purchases stake in Ingerence & Connivence
Evolem has taken a 25% shareholding in Ingerence & Connivence, a consulting services company, for an undisclosed sum.
FRANCE - Elaia et al. invest EUR 6m into Goojet
Returning backers Elaia Partners, Partech International and IRDI-ICSO have participated in a EUR 6m second round of financing for software business Goojet, alongside new investor Orkus Capital.
GERMANY/UK - 3i-backed Hyperion's subsidiary acquires Hendricks
3i-backed Hyperion Insurance Group's brokering arm, Howden, has acquired Hendricks & Co, a specialist directors and officers (D&O) and commercial legal expenses broker in Germany.
ITALY - Clessidra acquires 30% stake in Cavalli
Report suggest that private equity firm Clessidra has acquried a 30% stake in fashion house Cavalli in a deal valued at EUR 100m.
DENMARK- Altor acquires Pulse Medtech from listed Technitrol
Altor Equity Partners has acquired the Pulse Medtech Group, a designer of hearing solutions, from listed Technitrol Inc, a manufacturer of hearing aids and medical devices.
SPAIN - Catalana d'Iniciatives acquires e-Diagnostics in EUR 3.8m deal
Catalana d'Initiatives has acquired an 80% stake in medical diagnostics firm e-Diagnostic, in a deal valued at EUR 3.8m.
ITALY - Innogest leads $8m beeTV funding
Italian venture investor Innogest has led an $8m series-B financing round for TV content producer beeTV.
FRANCE - OFI-backed Fondis purchases Bioritech
OFI Private Equity-backed Fondis Electronic, a testing equipment company, has acquired analysers producer Bioritech from its founding managers.
FRANCE - 123Venture injects EUR 2.5m into Ekyog
123Venture has backed Attitude Developpement, a company that owns and commercialises Ekyog, an organic clothing brand, with EUR 2.5m.
UK - CVC- and TPG-backed Debenhams plans £400m capital raising
CVC Capital Partners and TPG-backed UK retailer Debenhams is reportedly planning a £400m capital raising through a placing of shares to slash its £1bn debt pile.