News/Region
ITALY – Private equity presents non-binding offers for Cavalli
Market rumour suggests that private equity funds have offered up to EUR 1.4bn to acquire fashion brand Cavalli.
ITALY - Permira appoints new senior adviser
Permira has announced the appointment of Riccardo Ruggiero, former CEO of Telecom Italia, as its new senior adviser.
CEE – Capital International closes USD 2.25bn fund for emerging markets
Capital International has closed its fifth fund dedicated to emerging markets on USD 2.25bn.
GERMANY - Equity Partners backs MBO of Nokia unit
Equity Partners GmbH has, together with the manager Razvan Olosu, signed an agreement to acquire Nokia's line fit automotive business for an undisclosed amount. The company will be held by newco novero GmbH.
DENMARK - Nordic Venture Partners completes DKK 235m ZYB sale
Nordic Venture Partners portfolio company ZYB, a Danish free mobile back-up and sharing service, has been sold to Vodafone for DKK 235m.
GERMANY - Ashurst bolsters loan markets teams
Ashurst has appointed Anne Force as a partner in its Frankfurt-based Loan Markets Group.
SWEDEN - CapMan buys Cederroth
CapMan Buyout VIII has acquired the majority of the shares in Cederroth, a Swedish manufacturer and distributor of consumer products, from American listed Alberto-Culver Company, for an undisclosed sum. CapMan Mezzanine IV supplied mezzanine to support...
FRANCE - Elaia Partners promotes associate
Elaia Partners has promoted Marie Eckland to associate.
FINLAND - ASI and Seed Fund Vera invest in Senseg
Ambient Sound Investments (ASI) and Seed Fund Vera have invested an undisclosed sum in Senseg, a Finnish developer of touch interface technology.
FRANCE –Ten purchase offers for LBO France-backed Cegelec
LBO France has reportedly seen around ten offers for portfolio electrical engineering company Cegelec. Potential trade buyers are said to include BTP, Vinci and Eiffage, while private equity firms rumoured to be interested include PAI, which holds a stake...
PORTUGAL – Esprírito Santo in EUR 5m financing of fibre-optics company
Esprírito Santo Ventures has led a EUR 5m series-B funding round for fibre-optic technology company Multiwave Photonics alongside existing investor Bullnet Capital.
GERMANY – Target Partners and BayTech lead USD 4.5m ChipVision funding
Target Partners and BayTech Venture Capital have led an internal USD 4.5m Series-B funding round for ChipVision Design Systems, a provider of low-power electronic design automation solutions.
UK - BankInvest puts $8m into CamSemi
BankInvest Group, through its New Energy Solutions VC fund, has supported semiconductor company CamSemi with $8m in an extension to its series-C round of funding.
UK - DLJ to acquire school holidays group
DLJ Merchant Banking, the private equity arm of Credit Suisse, is to acquire the Education & Adventure Travel Group, an organiser and manager of school holidays, from Bowmark Capital for around £100m according to reports.
ITALY – Stirling Square and Sirius to acquire sportswear firm
Stirling Square Capital Partners and Sirius Equity have announced the acquisition of sportswear company Jeckerson from Blue Fashion Group in a management buyout valued at EUR 140m.
GLOBAL - Lionhart to raise at least $500m for private equity fund
London-based hedge fund Lionhart has launched its debut private equity fund, Lionhart Talon, which will initially seek to raise $500m.
SPAIN – Amadeus and GIMV back USD 12m Openbravo investment
Amadeus Capital Partners and Belgian venture capital firm GIMV have invested in a USD 12m funding round for software company Openbravo, alongside Spanish firm Adara Venture Partners.