News/Deals
Hellman & Friedman’s GTT launches IPO
Hellman & Friedman-backed Gaz Transport & Technigaz (GTT), a French marine technology and engineering company, plans on raising up to €675m in an IPO on the Euronext Paris.
PE backers work out gym merger
CCMP Capital Advisers’ Pure Gym is merging with The Gym Group, backed by Phoenix Equity Partners and Bridges Ventures.
Intel invests $10m in Mango Telecom
Intel Capital has injected $10m into Mango Telecom, a Russian provider of a business communications software-as-a-service (SaaS).
VC-backed Circassia to float on LSE
Circassia, a UK allergy treatment developer backed by several investors, has announced its plans to float on the London Stock Exchange (LSE) next month.
VC-backed Crossject to list on NYSE Alternext
French medical device company Crossject, backed by a consortium of local venture capital firms, is hoping to raise up to €12.9m in its IPO on the NYSE Alternext Paris.
TPG’s Lenta to float on LSE
Russian hypermarket chain Lenta, backed by TPG Capital and VTB Capital Private Equity, has announced its intention to float on the London Stock Exchange and Moscow Exchange.
Grupo Ono files IPO documents with Spanish regulator
Spanish broadband operator Grupo Ono is to pursue a listing and has filed documents with the Spanish regulator CNMV.
Liberty Global enters race for Ono
Liberty Global is thought to have entered talks for private equity-backed Spanish broadband operator Ono, with rival interest from Vodafone.
NPRF offloads €800m PE portfolio to Lexington
The National Pensions Reserve Fund of Ireland (NPRF) has sold around €800m of global private equity fund interests to secondaries firm Lexington Partners.
VC-backed Egalet files $45.5m IPO
UK-based pharma company Egalet, backed by a consortium of venture capital firms, is seeking to raise up to $45.5m in its IPO on the Nasdaq.
Nesta Impact fund deploys £2m in first investments
Nesta Investment Management has made its first social impact investments, deploying £2m across four businesses.
HgCapital to list Manx Telecom on AIM
HgCapital has appointed Liberum Capital and Oakley Capital to prepare for an AIM listing of Isle of Man telecoms group Manx Telecom.
HarbourVest throws Motion lifeline
HarbourVest Partners has extended the life of Motion Equity Partners’ fund to enable it to exit portfolio companies.
IK’s Attendo rumoured to list this year
IK Investment Partners could list Swedish elderly care provider Attendo on the Stockholm exchange this year, according to media reports.
Permira, Ardian take first steps towards eDreams IPO
Permira and Ardian are considering an initial public offering of online travel company eDreams Odigeo this year in Madrid.
AnaCap buys Monte dei Paschi loan portfolio
AnaCap Financial Partners has acquired a €551m portfolio of performing salary-secured loans from Italian banking group Gruppo Monte dei Paschi di Siena.
BDC’s Mezzo di Pasta to change hands in Q1
Bridgepoint Development Capital-backed Mezzo di Pasta, a struggling French pasta fast food chain, is expected to be bought out of “redressement judiciaire” in February.
VC-backed uniQure files $75m IPO
Dutch gene therapy company uniQure, backed by several venture capital firms, plans on raising up to $75m in its IPO on the Nasdaq.
Spie eyes IPO
French engineering company Spie, backed by Clayton Dubilier & Rice (CD&R) and Ardian, is considering a public listing by the end of the year.
HarbourVest promotes Flower
HarbourVest Partners has named Tim Flower as managing director in a promotion from his previous position of principal.
Bregal’s Canopius attracts Japanese bid
Bregal Capital-owned Lloyd’s of London insurer Canopius Group has attracted a £600m offer from Sompo Japan Insurance.
Accent's Candyking cancels IPO
Accent Equity Partners’ Candyking has cancelled its planned IPO following Wednesday’s profit warning.
Saints Capital buys Star Ventures' portfolio
Secondaries investor Saints Capital has bought 20 separate assets from Germany- and Israel-based venture capital firm Star Ventures.
Estimote raises $3.1m
Poland- and US-based Bluetooth hardware company Estimote has raised $3.1m from a syndicate of venture capital firms, trade players and hedge funds.