News/Deals
GERMANY - TVM Capital sells DIREVO Biotech
TVM Capital has sold portfolio company DIREVO Biotech AG to Bayer HealthCare in an all cash deal valued at EUR 210m. DIREVO Industrial Biotechnology GmbH, a wholly owned subsidiary of DIREVO Biotech AG, is not subject to this transaction and has been...
UK - TVM and Endeavour invest USD 14m into CommProve
TVM Capital and Endeavour have led a USD 14m funding round for CommProve, a vendor of advanced solutions for the real-time monitoring of wireless networks, alongside existing backer TLcom Capital.
SPAIN - Mercapital acquires 50% of Bodybell
Mercapital has acquired a 50% stake in fragrance specialist Bodybell as part of a EUR 58m capital increase. The remaining 50% will be held by incumbent shareholder N+1.
SPAIN - Platina backs solar projects
Platina has invested EUR 128m in two photovoltaic projects in Andalusia: Cantillana and El Coronil II. The financing comes from Platina’s Mistral Energy II renewables fund through its subsidiary Anemoi, which will manage both projects.
GERMANY - HgCapital generates 3.7x return from Addison sale
HgCapital has sold Addison Software, a provider of solutions to accountancy practices and SMEs, to international multimedia company Wolters Kluwer, reaping a 3.7x return on the capital invested and a 55% IRR.
SPAIN - Diana Capital reaps 3.1x from Indal sale
Diana Capital has sold its stake in lighting manufacturer Indal to Caja Duero for EUR 25m, reaping a 3.1x money multiple and a 25% IRR.
SPAIN - Carlyle interested in Riofisa
According to reports, Carlyle is among several groups that have shown an interest in acquiring property developer Riofisa, one of the assets placed on sale by troubled Spanish real estate asset manager Colonial.
UK - Carbon Trust and Catapult invest £2m 4energy
Carbon Trust Investments and Catapult Venture Managers have invested £1m each in 4energy, a developer of cooling products and systems for electronic equipment.
GERMANY - Wellington Partners leads EUR 8m Qype funding
Wellington Partners has led an EUR 8m Series-B funding round for Qype, an operator of online city guides, alongside existng backers Advent Venture Partners and Partech International.
UK - Enterprise Equity invests EUR 1.7m into Kelsius
Enterprise Equity has completed a EUR 1.7m investment into Kelsius, a provider of remote temperature monitoring solutions.
UK - RJD-backed Comtec makes third acquisition
RJD Partners-backed Comtec Group Ltd has acquired Pro EQ Ltd, a developer of iSys CRM software.
UK - Lyceum buys Carewatch for £37m
Lyceum Capital has agreed to acquire social health care provider Carewatch Care Services from its current owner Nestor Healthcare Group Plc in a £37m deal.
UK - Bank of Scotland supports £800,000 GEO investment
Bank of Scotland Corporate's growth capital team has invested £250,000 in energy efficient monitor developers Green Energy Options (GEO) as part of an £800,000 funding round.
RUSSIA - Deutsche Bank acquires stake in UFG
Deutsche Bank's asset management division has taken a stake in Russia-based UFG Asset Management as part of a new strategic partnership between the two businesses.
FRANCE - Seventure leads EUR 3m investment into CodaSystem
Seventure Partners has led a EUR 3m third financing round for software company CodaSystem, alongside existing investors OTC Asset Management and CapDécisif Management.
SPAIN - Santander and Caléndula invest in Gecal
The Santander Group and private equity firm Caléndula de Inversiones have each acquired a 16% stake in renewable energy firm Sociedad Gestora de Parques Eólicos de Castilla y León (Gecal).
ITALY - Clessidra interested in Cerved
Market rumour suggests that Bain Capital Partners portfolio company Teamsystem-Lince and Clessidra are interested in making a joint bid for economic data provider Cerved.
GERMANY - High-Tech Gründerfonds and Zukunftsfonds Heilbronn invest in enymotion
High-Tech Gründerfonds and Zukunftsfonds Heilbronn have invested an undisclosed sum in start-up enymotion GmbH, a developer of mobile fuel cell systems.
GERMANY – Emerald Technology Ventures sells Ormecon GmbH
Emerald Technology Ventures has sold its stake in Ormecon GmbH, an advanced materials company, for an undisclosed sum to Enthone Inc, a Cookson Electronics company.
NORWAY - Alliance supports Novelda with NOK 5m
Alliance Venture Polaris AS has invested NOK 5m into Novelda AS, a fabless semiconductor company, in a first round of funding.
LITHUANIA - MVC and RC acquire FIMA
MVC Capital Inc and Riga Capital SARL (RC) have acquired engineering company FIMA UAB. The value of the deal was undisclosed, but the two firms made an equity investment of USD 28.1m to support the transaction.
FINLAND - Veraventure invests in Suntrica
Veraventure has provided early-stage funding for Suntrica, a developer of personal solar energy harvesting technology. The investment sum has not been disclosed, but it is estimated to be between EUR 100,000 and EUR 250,000.
FRANCE – AtriA invests in Groupe Phythéa
AtriA Capital Partenaires, through AtriA Private Equity Fund III, have taken a significant minority stake in food supplements company Phythéa. AtriA invested via their fund.
FRANCE – Advent International in talks regarding Experian division
Advent International is in exclusive negotiations to acquire Experian’s electronic payments activities.