News/Deals
UK - Ferd leads EUR 15m Cloud investment
Ferd Ventures has invested EUR 7.5m as part of a EUR 15m funding round for wireless broadband provider The Cloud, with incumbent backers providing EUR 7.25m and corporate financier GP Bullhound investing EUR 300,000.
ITALY – MPS backs EUR 6m PharmEste funding
MPS Venture and Mitsubichi Tanabe Group, via its MPH Healthcare fund, have subscribed to a EUR 6m financing round for biotechnology firm PharmaEste, alongside existing investors Z-Cube and Quantica.
UK - Pentech backs USD 2m Metaforic funding
Pentech Ventures and the Scottish Co-Investment Fund have made an investment of USD 2m into Metaphoric Ltd, a provider of anti-tamper software solutions.
UK - FF&P invests in IKON
FF&P Private Equity, the private equity division of Fleming Family & Partners, has invested an undisclosed sum in IKO Science Ltd, a provider of software and quantitive interpretation services to the upstream oil and gas sector.
FRANCE - Innovacom leads EUR 3.5 Drimki funding
Innovacom has invested EUR 3.2m as part of a EUR 3.5m second round of financing for Drimki, with Ambient Sound Investments (ASI) providing the remaining EUR 300,000.
GERMANY – Riverside exits Richter Chemie-Technik
The Riverside Company has fully exited its stake in Richter Chemie-Technik GmbH, a supplier of pumps, valves, controls and related services to selected segments of the chemical and pharmaceutical industries, in a trade sale to IDEX Corporation.
FRANCE – L Capital sells Micromanina for EUR 480m
L Capital has sold games retailer Micromanina to US-based GameStop in a deal worth around EUR 480m including the assumption of the debt. GameStop will use several existing credit lines, as well as a EUR 150m loan from Bank of America, to finance the deal.
GERMANY - EQT sells Pfaff-silberblau to Columbus McKinnon
EQT Opportunity has, together with the Pfaff family and management, signed an agreement to sell lifting and handling equipment producer Pfaff-silberblau Hebezeugfabrik GmbH to global sector specialist Columbus McKinnon Corporation.
AUSTRIA - EK Mittelstandsfinanzierungs acquires stake in ANGER
EK Mittelstandsfinanzierungs AG, which is owned by Bank Austria and UniCredit Group, has acquired a 49% stake in ANGER MACHINING GmbH from MBI Maschinenbau Investment GmbH and Invest Unternehmensbeteiligungs Aktiengesellschaft.
UK - NorthStar leads £1m Ethicalsuperstore funding
NorthStar Equity Investors (NSEI), through its Co-Investment Fund, has invested £550,000 as part of a £1m funding round for online retailer Ethicalsuperstore.com, with Rathbone Greenbank Investments providing £250,000 and business angels suppling the...
FRANCE - Barclays PE acquires Aerocan
Barclays Private Equity has acquired Aerocan, a manufacturer of aluminium cans and bottles, from N.I. Partners in a secondary buyout.
UK - European Capital exits Avery
European Capital has fully exited its stake in Avery Weigh-Tronix, a manufacturer of industrial weighing products and systems, in a trade sale to Illinois Tool Works Inc. The value of the deal was undisclosed, but it equated to a finalised IRR over the...
UK - Amadeus backs EnQii
Amadeus Capital Partners and Wellington Partners have co-led an USD 18m series-B round of funding for EnQii Holdings Ltd, a digital out-of-home advertising specialist, alongside existing backer Ithmaar Bank.
SWEDEN - Industrifonden backs Cyrba with SEK 20m
Industrifonden has invested SEK 20m into Cyrba Innovation Products, a supplier of components to the whirlpool industry.
FRANCE - Abénex et al complete EUR 329m Buffalo Grill acquisition
Abénext Capital, iXEN and NI Partners have finalised their secondary buyout of Buffalo Grill from Colony Capital, in a deal that values the restaurant chain at EUR 329m.
GERMANY - Süddeutsche Beteiligung acquires Schwäbische
Die Süddeutsche Beteiligung GmbH has acquired Schwäbische Werkzeugmaschinen GmbH from EMAG Holding GmbH for an undisclosed sum. EMAG will continue to hold a 30% stake.
SWITZERLAND - Aravis leads CHF 21m Telormedix funding
Aravis Venture has led a CHF 21m funding round for biotechnology company Telormedix SA. Other investors include Proquest Investments, BSI SA, Nextech Venture and Generali Insurance Group.
SWITZERLAND – TVM Capital backs CHF 24m Nitec Pharma AG investment
TVM Capital and Deutsche Bank have led an investment of CHF 24m into speciality pharmaceutical company Nitec Pharma AG, alongside existing investors NGN Capital, Global Life Sciences Venture and Atlas Venture.
ITALY - Ambienta invests EUR 20.5m into ICQ
Ambienta SGR has made an investment of EUR 20.5m into renewable energy business ICQ Group, taking a 15.4% stake in the company. The investor has also retained the right to re-invest an additional EUR 20m at a later date to increase its stake to 26.5%.
FRANCE - A Plus and SGAM AI invest EUR 4.4m into Intrasense
A Plus Finance and SGAM Alternative Investments (SGAM AI) have made an investment of EUR 4.4m into medical software business Intrasense.
GERMANY – Finatem-backed DNZ acquires DWSI
Finatem Beteiligungsgesellschaft has backed portfolio company DNZ Deutsche Notrufzentralen und Sicherheitsdienste Holding GmbH in its acquisition of DWSI Dresdner Wach- und Sicherungsinstitut GmbH from Arndt Sicherheit und Service GmbH and several private...
FRANCE - CAPE and CIC divest Ital Express in SBO
Crédit Agricole Priavte Equity (CAPE) and CIC Finance have sold auto parts business Ital Express in a secondary buyout to LFPI.