News/Region
POLAND - Enterprise Investors acquires PLN 16m Web Inn
Enterprise Investors has wholly acquired IT sourcing business Web Inn in a deal valued at PLN 16m (EUR 3.6m).
GERMANY - Earlybird leads EUR 3.3m round for Music Networx
Earlybird has alongside existing investor including DuMont Venture and Klaus Wecken invested EUR 3.3m into live music marketing company Music Networx. Earlybird committed approximately EUR 2m of the total deal value.
EUROPE - Cipio holds first close of Fund VI on EUR 61m
Secondary direct player Cipio Partners has held a first closing of Cipio Partners Fund VI on EUR 61m, targeting EUR 200m.
EUROPE - Bridgepoint appoints Stephen Green as partner
Private equity firm Bridgepoint has appointed Stephen Green as partner and head of its European financial services sector team.
SWEDEN - Procuritas acquires Däckia from Goodyear
Procuritas, via its fund Procuritas Capital Investors IV, has acquired tire services chain Däckia Holding AB from Goodyear Dunlop Europe BV.
SWEDEN - Ratos-backed EuroMaint acquires EISAB for SEK 24.5m
EuroMaint Industry, a subsidiary of Ratos-owned EuroMaint, has acquired EISAB Energi och Industriservice AB, a service provider to industries within waste management and renewable energy, valuing the business at SEK 24.5m. Ratos will be injection a corresponding...
GERMANY - Carlyle acquires 29.34% of Personal & Informatik AG
The Carlyle Group has acquired 30% of listed Personal & Informatik AG (P&I), a supplier of software solutions for human resource management.
GLOBAL - LPs suggest trouble ahead
A quarter of all private equity fund managers will go out of business and a tenth of investors could default on capital calls; industry LPs reveal their sombre side.
IRELAND - Fountain Healthcare & Mitsui co-lead $17m Cappella funding
Fountain Healthcare Partners and Mitsui & Co Venture Partners (MCVP) have co-led a $173m investment into medical device company Cappella, alongside Enterprise Ireland and existing investors Polytechnos Partners and ACT Venture Capital.
UK - Index et al. to exit Lovefilm
According to reports, Lovefilm's private equity backers, including Index Ventures, Arts Alliance Media, Balderton Capital and DFJ Esprit, are looking to sell their stake in the home entertainment company.
SPAIN - Carlyle-backed Applus+ acquires two companies
Carlyle-backed certification group Applus+ has acquired two companies: France-based Contrôles Techniques Services (CTS) and Ekopol, based in Poland.
IRELAND - Permira interested in Eircom
According to reports, UK-based buyout house Permira is interested in acquiring infrastructure specialist Babcock & Brown-backed Irish telecom group Eircom.
UK - BC Partners to back EUR 1.7bn Baxi merger
It is understood that BC Partners- and Electra Partners-owned boiler manufacturer Baxi is closing in on a EUR 1.7bn merger with its Dutch counterpart De Dietrich Remeha Group, with the private equity backers thought to be likely to invest a further EUR...
ITALY - Montezemolo launches EUR 350m second fund
Montezemolo & Partners SGR has launched its second private equity fund, Charme II, which is targeting EUR 350m.