News
3i to restructure La Sirena debt
3i has asked lenders to restructure a partially amortised loan worth €90m for Spanish frozen foods retailer La Sirena.
BV Capital rebrands as e.ventures
Global venture firm BV Capital has combined its five local funds into a unified international entity named e.ventures.
Nova Capital appoints new associate partner
Secondaries specialist Nova Capital Management has appointed Like Matthews to the role of associate partner in the firm's London office.
Tikehau IM and Macquarie team up for debt programme
Tikehau Investment management and Macquarie Lending's corporate and asset finance group have partnered to offer debt funding solutions to French SMEs.
Residex sells Best Fencing Group
Residex has sold its stake in Dutch industrials company Best Fencing Group back to management, according to reports.
Bain kicks off fundraising for new $6bn vehicle
Bain Capital is understood to have started the fundraising process for its 11th buyout fund, Bain Capital Fund XI.
Mid Europa completes €400m recap of Czech T-Mobile
Mid Europa has secured a further CZK 875m (€35m) from Austria-based Volksbank to complete the CZK 10bn (c€400m) recapitalisation of its minority stake in T-Mobile Czech Republic.
Doughty Hanson-backed Vue to take over CinemaxX
Doughty Hanson’s portfolio company Vue has announced its intention to launch a voluntary public takeover offer for German multiplex chain CinemaxX.
Permira to drop Iglo refinancing
Permira will not go through with the option to refinance portfolio company Iglo Birds Eye Frozen Foods.
Terra Firma to refinance Deutsche Annington
Terra Firma has started negotiations with bondholders to recapitalise German real estate fund Deutsche Annington Immobilien GmbH, including a €500m equity injection, according to reports.
BGF bolsters Northern England team
The Business Growth Fund (BGF) has hired Richard Taylor as an investment professional in its Northern England team.
Parik Chandra joins Asante Capital
Placement agent Asante Capital has appointed Parik Chandra as an associate.
N+1 and Mercapital merge
Spanish venture capital firms N+1 Private Equity and Mercapital have merged to form N+1 Mercapital. The new investment firm will manage €1.7bn, making it the largest in Spain.
Verdane Capital Advisors sells Prenax
Verdane Capital Advisors has sold Swedish subscription management company Prenax to French family office Arts et Biens.
Advent Life Sciences gets re-up for latest fund
Advent Life Sciences Fund I, a 2010 vintage venture vehicle managed by Advent Venture Partners, was reopened to accept a new commitment as well as increased investments from existing LPs.
Altor-backed Nimbus Boats goes under
Altor Equity Partners portfolio company Nimbus Boats has filed for bankruptcy.
Buyers consider Permira-backed Valentino
A sovereign wealth fund is to make an offer for Italian fashion brand Valentino Fashion Group, owned by Permira.
BC Partners sells stake in Brenntag for €577.5m
BC Partners and co-investors have sold seven million shares in listed German chemicals company Brenntag, reducing their joint stake to 13.6%.
EQT raises €1bn for infrastructure fund
EQT has raised more than тЌ1bn for its second infrastructure fund, reports suggest.
Ventizz becomes Vorndran Mannheims Capital
German GP Ventizz has changed its name to Vorndran Mannheims Capital, reflecting its step towards a more buyout-oriented strategy.
AXA PE nears €1bn Fives deal
Charterhouse is set to sell French engineering company Fives to AXA Private Equity and the company's management, according to reports.
Apax, CVC, Carlyle and Trilantic bid for Euskaltel
Apax Partners, CVC Capital Partners, Carlyle and Trilantic are the final four bidders for 49% of Spanish telecommunications company Euskaltel, according to reports in the Spanish press.
Investcorp bids for 3i-backed Esmalglass
3i has received an offer of around €300m from Investcorp for Spanish ceramic enamel producer Grupo Esmalglass.
Have your say: where is the Italian market going?
unquote" is looking for your views on the Italian private equity market, ahead of our Italia Congress in November.