News/Nordics
EUROPE – LODH Euro Choice IV holds first close on EUR 300m
Zurich-based LODH Private Equity Limited has closed LODH Euro Choice IV on EUR 300m.
UK/GERMANY - Sophos to acquire Utimaco
TA Associates-backed Sophos plc intends to acquire German data security solutions company Utimaco Safeware AG for EUR 217m.
EUROPE - Private equity deals up 15% in Q2
A rise in expansion deals and the return of big buyouts has led to a 15% rise in the total combined value of European private equity transactions, according to the latest unquote" private equity Barometer, in association with Candover.
GLOBAL - KKR goes public
Kohlberg Kravis Roberts is going public in a transaction that will involve buying KKR Private Equity Investors, which was listed on Euronext Amsterdam two years ago, and listing the merged entity in New York.
SWEDEN - Provider et al close seed investment in Sol Voltaics
Sol Voltaics AB, a spin-out company of QuNano AB, have closed a seed funding round form an investor syndicate comprising Provider Venture Partners, Teknoinvest, Nano Future Invest, LU Innovation and LUAB, the investment arm of Lund University.
GLOBAL - Goldman Sachs raises USD 10bn fund
According to reports, Goldman Sachs has raised a USD 10bn fund to invest in senior loans backing leveraged buyouts.
DENMARK - Capricorn leads EUR 13.4m financing round for Fluxome
Fluxome Sciences AS, a producer of ingredients for dietary supplements, has closed a EUR 13.4m series-B round of financing lead by Capricorn Venture Partners, which invested EUR 5m through its Capricorn Cleantech Fund, with additional contributions coming...
SWEDEN - Silex raises SEK 150m from Priveq et al
Priveq Investments and Northzone Ventures have, together with existing investor CapMan, subscribed to a capital increase worth SEK 150m of Silex Systems, a manufacturer of micro-electromechanical systems (MEMS).
SWEDEN - Valedo acquires BTI
Valedo Partners Fund I AB has acquired Broadcast Text International (BTI), a subtitling company, from ProSiebenSat.1 for an undisclosed sum.
DENMARK/UK – Lion Capital acquires FoodVest from CapVest
Lion Capital has agreed to acquire FoodVest Group, a frozen food manufacturer, from funds advised by CapVest Limited for an undisclosed sum.
DENMARK - 3i acquires 45% stake in Soya Concepts
3i has acquired a 45% stake in Soya Concepts, a Danish women’s clothing company, for an undisclosed sum.
SWEDEN – Ratos completes SEK 4.3bn sale of Hägglunds Drives
Ratos has agreed to sell engineering business Hägglunds Drives to Bosch Rexroth for approximately SEK 4.3bn, which will give the investor an overall exit gain of about SEK 4.4bn following the SEK 1bn recapitalisation completed in 2006. The sale is subject...
SWEDEN - Riverside acquires MekoTeknik
The Riverside Company, via Riverside Europe Fund III (REF III), has acquired MekoTeknik, a Swedish precision steel machining company for a total consideration of between EUR 5m and EUR 10m. A mezzanine tranche was provided by Eqvitec Mezzanine to support...
NORWAY - Norvestor completes recapitalisation of BecoTek
Norvestor has completed a NOK 320m refinancing of BecoTek Metal Group, a supplier of brass cages for the ball and roller bearing industry, fully returning the original investment after 18 months.
NORWAY - HiTecVision sells three portfolio companies to Cubera
HiTecVision has completed the sale of RigNet Inc, SPT Group AS, and Norse Cutting & Abandonment AS to Cubera for an undisclosed sum.
SWEDEN - Nordic Venture Partners et al exit Operax
NetSockets Inc has acquired Stockholm-based software company Operax for an undisclosed sum from Nordic Venture Partners, Emano, Innovacom and Nomura, and the founders.
UK/FRANCE - NBGI launches in Paris
NBGI Private Equity has opened a new office in Paris, which will be headed up by Didier Riebel and Laurent Allégot.