News/Benelux
Credit Suisse to sell DLJ Merchant Banking to Coller
Credit Suisse Group is to sell its shares in mid-market buyout arm DLJ Merchant Banking Partners to Coller Capital, according to reports.
Rhonda Ryan joins Altius
Rhonda Ryan, Altius Associates
GEM hires KKR’s van Remmen
Gilde Equity Management Benelux has hired Thijs van Remmen, formerly of KKR, as an investment director.
Clifford Chance promotes Matthew Layton
Matthew Layton, Clifford Chance
Riverstone’s Hestya to take Hes Beheer private
Riverstone Europe-owned Hestya Energy has entered exclusive negotiations with Dutch stevedoring and inland shipping group Hes Beheer regarding a potential take-private deal.
Alter Domus poaches JP Morgan’s PE head
Patrick McCullagh, Alter Domus
Bridgepoint seeking Noordhoff sale
Bridgepoint is currently in discussions with potential buyers for the Noordhoff Uitgevers division of its Dutch portfolio company Infinitas Learning.
JLL Partners, Royal DSM create $2.6bn pharma business
US private equity house JLL Partners and Dutch life sciences group Royal DSM have teamed up and combined assets to create a new, independent pharmaceutical company in a deal worth $2.6bn.
Gimv commits further capital to DG Infra
Infrastructure-focused investor DG Infra has secured additional financing from its sponsors, Gimv and Belfius Bank, with a plan to invest up to €400m over the next five years.
VC-backed uniQure to float
Dutch gene therapy company uniQure, backed by several venture capital firms, has filed a confidential F-1 form with the US Securities and Exchange Commission (SEC) for a potential IPO.
Argos Soditic opens Benelux office
Mid-market private equity house Argos Soditic has officially announced the opening a new office in Brussels to better take advantage of the Benelux market.
Bencis to take Xeikon private
Bencis Capital Partners has made a mandatory public offer to acquire all issued shares of Xeikon for €5.85 per share, giving the company an enterprise value of €168m.
Private equity firm circling Hes Beheer
Dutch stevedoring and inland shipping group Hes Beheer has stated that it is currently in talks with a private equity firm, or the portfolio company of a private equity firm, regarding a potential take-private deal.
Private equity firms circle Unit4
Netherlands-based software company Unit4, which is listed on the NYSE Euronext Amsterdam, has been approached by private equity firms with takeover bids that value the company at up to €1.04bn.
PE firms lose out on Vion sale
Private equity firms reported to be circling the ingredients division of Netherlands-based Vion Food Group have lost out on the sale to Darling International, which has acquired the subsidiary for €1.6bn.
Regeur joins EQT's Amsterdam office
EQT has confirmed that Jeroen Regeur, former vice-president at TPG Capital, joined EQT's Schiphol office on 1 October as director of investments in the Benelux region.
CVC inks Campbell Europe deal
CVC Capital Partners has purchased Campbell Soup Company’s European simple meals business for €400m.
Hauck & Aufhäuser hires new head of Luxembourg office
Hauck & Aufhäuser has appointed Marc Kriegsmann as the new managing director for Hauck & Aufhäuser Alternative Investment Services.
Karmijn Kapitaal nears €50m fund target
Netherlands-based, female-led private equity firm Karmijn Kapitaal has almost reached the €50m target for its maiden fund, Karmijn Kapitaal I, which is due to close next month.
Providence seeks M7 dividend recap
Providence Equity Partners and Airbridge Investments, the owners of satellite television company M7 Group, are seeking to reap a dividend of approximately €300m from a recapitalisation, according to reports.
Adara launches second fund
Adara Venture Partners has started the fundraising process for its second fund, Adara Ventures II, with a target of $40m, according to a Form D filing with the US Securities and Exchange Commission (SEC).
SS&C GlobeOp opens new Luxembourg office
Connecticut-headquartered fund administrator SS&C GlobeOp has opened a new office in Luxembourg.
3i-backed Element Materials secures financing from lenders
Element Materials Technology, a material testing and inspection firm backed by 3i, has secured additional financing from its bank lenders to boost its buy-and-build strategy.
Blackstone given all-clear to buy Multi Corporation
The European Commission has granted Blackstone the option to wholly purchase Netherlands-based Multi Corporation, a commercial real estate developer specialising in shopping centres.