News/Region
UK - GE Commercial Finance appoints Adam Johnson as managing director
GE Commercial Finance, Business Finance has appointed Adam Johnson as managing director, corporate structured finance, with responsibility for the leadership, direction and growth of the structured asset-based lending and cashflow business to UK and European...
UK - Blackstone & CVC would offer M&B shareholders stub equity
According to reports, Blackstone and CVC would offer current shareholders in quoted pub group Mitchells & Butler the opportunity to hold stub equity in the new company, should they succeed in delisting the business. M&B operates the Harvester and All...
FRANCE - UFG Private Equity takes 15% in Mastrad Finance
UFG Private Equity took a 14.85% stake in Mastrad Finance, the holding company for Mastrad, via its two funds Diadème 2 and Diadème 3. The management retains 73.26% while Siparex has 11.89%.
GERMANY – DEWB to sell stake in 4flow for EUR 6.5m
Deutsche Effecten- und Wechsel- Beteiligungsgesellschaft AG has sold its 44.4% shareholding in 4flow AG, Berlin, to the company's management for EUR 6.5m. The purchase price will be paid in several tranches.
FRANCE - Marc Devillard joins Crédit Agricole PE
Marc Devillard has joined Crédit Agricole Private Equity's Venture Capital team as investment director for the software and internet sectors.
FRANCE - H.I.G strengthens team
HIG Europe, the European affiliate of H.I.G. Capital, has appointed Olivier Boyadjian as managing director of its Paris office.
SWEDEN - SVCA releases 2007 Swedish portfolio companies’ statistics
The Swedish Venture Capital Association has released annual statistics on Swedish venture capital and private equity backed portfolio companies’ performance. The research comprises 803 private equity and venture capital portfolio companies from 2001-2006....
SPAIN/ITALY - Adara acquires transport solutions company Logos
Adara-backed Ecutronic has acquired Italian intelligent transport solutions company Logos, CZ and Data Laser.
SPAIN - Mercapital and N+1 could sell fitness chain to Virgin
Mercapital and N+1could sell fitness chain Holmes Place to Virgin Active in what would be a EUR 180m deal according to sources.
SPAIN - Investindustrial completes Elilario acquisition
Investindustrial-backed INAER has completed the acquisition of Italian helicopter operator Elilario in a deal valued at approximately EUR 155m. The deal was announced earlier this year.
GLOBAL - Bear Stearns acquires Macquarie arm
LSE-listed fund-of-funds Bear Stearns Private Equity (BSPEL) has offered A$115.5 for Macquarie Private Capital Group (MPCG), an ASX-listed private equity fund-of-funds.
UK - MVM provides further seed funding for Heptares
MVM Life Science Partners has provided drug discovery company Heptares Therapuetics with a further round of seed funding. MVM backed the establishment of Heptares, a spinout from the Medical Research Council, in 2007.
UK - 3i acquires Ultralase in £174.5m buyout
3i has signed an agreement to acquire Ultralase, a company which offers laser correction for vision, for £174.5m from Corporación Dermoestética, a Spain-based medical aesthetic business.
SPAIN - Miura appoints Juan Rosell as its president
Miura Private Equity has announced the arrival of Juan Rosell as its new president.
RUSSIA - Great Europe Deep Value invests in Nord Timber
Great Europe Deep Value Fund together with a co-investor acquired, in a MBO/MBI, Nord Timber, a company consisting of two sawmills and the right to harvest forest land of 1m hectares. This investment was structured through a newco in Cyprus.
PORTUGAL - Inter-Risco reaps 7.7x multiple on TvTel exit
Inter-Risco has reaped a 7.7x multiple and 30% IRR on its sale of broadcasting company TvTel to Portugal Telecom Media in a deal valued at approximately EUR 120m.
ITALY - TTVenture fund launched by banking foundations
TTVenture a new closed fund dedicated to the transfer of technological research to companies has been launched by banking institutions. The vehicle is reported to have so far raised EUR 60m.
NETHERLANDS - Emerald leads EUR 15m investment in EWT
A consortium led by Emerald Technology Ventures has acquired an equity position in privately-held Emergya Wind Technologies, a Dutch wind turbine manufacturer. In December 2007, Ludgate Environmental had invested EUR 1.43m in the company. According to...
UK - NESTA leads £1.2m funding round in Camrivox
Camirox Ltd, a Cambridge-based developer of computer telephony integration, has raised £1.2m from a consortium of investors led by NESTA Investments.
GERMANY - Paine & Partners to acquire Stabilus from Montagu Private Equity
Montagu Private Equity plans to divest Stabilus, a manufacturer of gas springs, to funds managed by Paine & Partners, LLC. The transaction is expected to close in April 2008. Terms of the transaction were not disclosed.
SPAIN - Intel Capital acquires Lighthouse Global Technologies
Intel Capital-backed Atempo has acquired IT company Lighthouse Global Technologies.
FRANCE - Hellman & Friedman acquire 30% of GTT for EUR 330m
Hellman & Friedman has acquired Saipem’s 30% stake in Gaztransport & Technigaz (GTT) for EUR 330m. Gaz de France and Total retain their respective 40% and 30% stakes.
FRANCE – Avenir backed Filuxat acquires Pare Gabia
Avenir backed groupe Filuxat has purchased Pare Gabia,, another Basque-based espadrille producer to add to the Luxat and Bayona brands already under its control.
FRANCE - Ventech and Neuf Cegetel inject EUR 6m in Wengo
Ventech and Neuf Cegetel have invested EUR 6m in a second round of financing of Wengo.