News/Region
CEE - Consortium led by Columbia Capital to take over GTS Central Europe
A consortium of funds led by Columbia Capital, M/C Venture Partners and Innova Capital is set to take over Central Europe’s telecoms service provider, GTS Central Europe. The transaction is expected to close in the first quarter of 2008.
FRANCE – I-Source Gestion and GIMV lead EUR 7.3m investment in Movea
I-Source Gestion and GIMV have co-led a EUR 7.3m funding round for start-up Movea both pledging EUR 3m each. Also investing is Thomson a subsidiary of the French research institute CEA. The deal represents the first round of financing for the company.
GERMANY - Dresden Fonds GmbH sells stake in nAmbition GmbH
Dresden Fonds GmbH, jointly managed by CFH GmbH and SIB GmbH, has sold all stakes of nAmbition GmbH to strategic investor JPK Instruments AG, for an undisclosed sum. Dresden Fonds realised a double digit IRR from the sale. nAmbition develops solutions...
UK - Dunedin invests £9m in Formaplex
Dunedin has invested £9m in Formula 1 and prototyping specialist Formaplex. The deal represents Dunedin's seventh investment in a specialist engineering business.
UK - SV Life Sciences appoints new venture partner
SV Life Sciences has announced the appointment of Dr Hamish Cameron as venture partner.
GERMANY - Cognetas acquires Gebrüder Gienanth-Eisenberg
Cognetas has acquired engineering business Gebrüder Gienanth-Eisenberg GmbH from Fink Holding, a family holding company, for an undisclosed sum. The transaction is expected to complete in early 2008. Gienanth was founded in 1735, is headquartered in...
ITALY - Casa 4 Funds opens office in Italy
Casa 4 Funds, the Luxembourgian investment funds management firm has opened an office in Lugano, Italy. Casa 4 is part of the Arner Group.
UK - E-Synergy leads £2m investment into Alternative Waste Solutions
The Sustainable Technology Fund (STF), a cleantech focused venture capital fund managed by E-Synergy, has led a £2m investment into plastic recycling specialist Alternative Waste Solutions (AWS).
FRANCE – Argos Soditic completes MBO of ORSYP
Argos Soditic has backed the management buyout of ORSYP, a Paris-based provider of enterprise job scheduling solutions and IT services. The deal aims to move ORSYP from a medium-sized company to a global leader in IT solutions. The financial details of...
SWEDEN - Securitas Direct acceptance period extended
ESML Intressenter, jointly owned by EQT V (c64%), Säkl AB (c8%) , Melker Schörling AB (MSAB) (c10%) and Investment AB Latour (c17%), has extended the acceptance period for its bid for Securitas Direct, the Swedish security services company, until February...
UK - General Atlantic hires new managing director to London office
General Atlantic has announced the appointment of John D. Bernstein as managing director of its London office.
SWITZERLAND - BV Group’s completes sale of Precimed
BV Group has completed the sale of its stake in orthopaedic supplier Precimed Group to US company Greatbatch Inc. The deal was announced at the end of November 2007. BV Group sold its stake of 11.63% for CHF 9.68m. At the same time, the stake held by...
GERMANY - CFH joins DZ Equity Partner in CleanCar investment
CFH GmbH has acquired a minority stake in Clean Car AG. The new investor joins existing investor DZ Equity Partner which provided Clean Car with growth capital funding to the value of between EUR 50-100m in late 2007. Dusseldorf-based CleanCar is a...
UK - Addleshaw Goddard appoints new partner
Addleshaw Goddard has strengthened its banking practice with the appointment of Michael Crosby as partner.
UK - Blackstone approaches Close Brothers
Blackstone has approached UK investment bank Close Brothers about a possible takeover deal. According to reports Blackstone could offer in the region of 1,000-1,040p per share.
GERMANY - Halder acquires VAG-Armaturen GmbH
Halder has acquired VAG Armaturen through a management buyout from Equita Beteiligungen Fonds 2 KG, Bad Homburg. The financial details of the deal were not disclosed. VAG-Armaturen designs, produces and distributes industrial valves and fittings for...
FRANCE – A Plus Finance invests EUR 600,000 in Lorience Paris
In a first round of financing A Plus Finance invested EUR 600,000 in perfume and cosmetics producer Lorience Paris.
FINLAND - CapMan sells Solid to IBM
CapMan has sold its stake in Solid Information Technology Oy, a software company, to IBM.