News/Region
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.
UK - Apax and Barclays generate 2x returns from Somerfield sale
The £1.6bn acquisition of supermarket chain Somerfield by the Co-operative Group has generated a 2x return for backers Apax Partners, Barclays Capital and Robert Tchenguiz.
UK - Barclays Ventures exits Insight Medical Ventures in £22m deal
Barclays Ventures has sold its stake in Insight Medical Ventures Ltd, an operator of integrated healthcare facilities, to UME Diagnostics Ltd in a £22m deal.
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.
CEE - Jordan Company-backed WCT acquires Mediquest
The Jordan Company-backed Worldwide Clinical Trials (WCT) has acquired Eastern European contract research organisation Mediquest.
RUSSIA - Hansa reaches first closing on EUR 30m
According to sources, Hansa Investment Funds has reached the first closing of a EUR 30m private equity fund that will focus on investments in Eastern Europe.
RUSSIA - East Capital acquires 16.43% of Kamchatprombank for EUR 2.85m
East Capital has acquired a 16.43% stake in Russian retail and corporate bank Kamchatprombank for EUR 2.85m.
BELGIUM - GIMV appoints new CEO
GIMV has appointed Koenraad Dejonckheere as the new CEO of GIMV, replacing Dirk Boogmans.
FRANCE – AXA take 57.1% of the Altares Group
AXA Private Equity has acquired a 57.1 % stake in B2B information provider Altares Group.
UK - GfK in talks with Cinven over TNS bid
German market research group GfK is reportedly in talks with Cinven in relation to a potential joint bid for UK research group TNS.
FRANCE - CDC Innovation and Innovacom invest EUR 750,000 in Maeglin
CDC Innovation and Innovacom have invested EUR 750,000 in Maeglin Software in a first round of financing.
GERMANY – PAI Partners and Goldman Sachs acquire Xella for EUR 1.9bn
PAI partners and Goldman Sachs Capital Partners have acquired building material company Xella International GmbH from Haniel Group for EUR 1.9bn.
GERMANY - T-Online Venture Fund invests EUR 2m in swoodoo
T-Online Venture Fund has invested EUR 2m in travel comparison company swoodoo GmbH.
FRANCE - Arts Alliance et al invest EUR 4.5m in Monte Cristo Games
Arts Alliance, 360° Capital Partners and Innoven Partenaires have invested EUR 4.5m in Paris-based online games company Monte Cristo Games.
ITALY - Advent sells Venere to Expedia
Advent International has has agreed to sell travel and accomodation operator venere.com to online travel company Expedia Inc for an undisclosed sum.
GERMANY - Blackstone funds offshore wind farm with more than EUR 1bn
Blackstone has confirmed its partnership with Windland Energieerzeugungs GmbH, which is developing and building "Meerwind", an offshore wind farm in the North Sea. Meerwind will be established 80 kilometres from the coast and is projected to cost more...
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.
UK - Infinity opens in London
Manchester-based private equity and real estate fund Infinity Asset Management has opened an office in London.
CEE - EBRD banker joins CEE fund of funds
Henry Potter, who has been with EBRD for 15 years, will be joining Alpha Associates, Central and Eastern Europe’s oldest and largest fund-of-funds.
UK - ORIX opens London office and hires Rob Young
Japanese integrated finance provider Orix has opened an office for ORIX Venture Finance, its senior debt capital arm, in London.
GERMANY - SHS and KfW invest in Biontis
Funds managed by Tübingen-based growth investor SHS Gesellschaft für Beteiligungsmanagement have invested in laboratory equipment manufacturerBiontis GmbH alongside KfW Mittelstandsbank's ERP Start-up Fund.
UK - Oxford Capital closes fourth gateway fund on £12m
Oxford Capital has closed Oxford Gateway Enterprise Investment Scheme (EIS) Fund No 4 on £12m.
UK - Foresight appoints industrial partner
Foresight Group has appointed Nigel Aitchison as industrial partner.
UK/ASIA - LDC enters Asian market
LDC is to enter the Asian market, opening offices in Hong Kong, mainland China and India to help its portfolio companies expand into Asia and provide access to Asian suppliers.