News
Consortium sells LAB901
Archangel Informal Investment, Alliance Trust, Scottish Enterprise, Foresight, Noble Fund Managers and the Business Growth Fund have exited their stake in LAB901.
3i exits Frozen Value via management buy-back
UK buyout giant 3i has exited discount grocery retail chain Frozen Value via a management buy-back.
Global Equity Partners acquires Lenzing division
Global Equity Partners and private investors have acquired Lenzing's plastic-filament business.
Barclays set to sell £500m of PE fund stakes
Barclays is planning to sell more than £500m of stakes it has amassed in private equity funds, according to reports.
Private equity moves in on Giochi Preziosi
Axa Private Equity, Cinven and Charterhouse Capital Partners are among the big names in private equity who have expressed interest in buying Italian toymaker Giochi Preziosi.
Cantabria Capital invests in Softec-Internet
Cantabria Capital has invested in Softec-Internet, a Spanish firm which develops Cloud and Software as a Service (SaaS) technology solutions.
PAI Partners sells Kwik-Fit for £637m
PAI has sold car repair business Kwik-Fit to Japanese corporation Itochu for £637m.
Capital Stage acquires Conergy
Capital Stage AG has acquired 100% of Germany-based Conergy's Swiss subsidiary for an undisclosed amount.
Palero Capital acquires Kopp
Private equity firm Palero Capital has acquired Heinrich Kopp GmbH from US industrial company Actuant Corporation for an undisclosed amount thought to be around €4m.
Wellington Partners backs Artfinder
Wellington Partners has led an investment in online service provider Artfinder. US-based Greylock Discovery Fund and angel investor Sherry Coutu also participated in the first round funding.
Consortium invest $2.5m in Grey Area
A consortium consisting of Index Ventures, London Venture Partners and Initial Capital has invested $2.5m in a series-A funding round in mobile game developer Grey Area.
Yorkshire Bank appoints director in Corporate & Structured Finance team
Yorkshire Bank Corporate & Structured Finance has appointed Phil Tarimo as area director of new business covering the North West and Midlands.
Milestone Capital generates 3.7x return on Coffee Nation sale
Milestone Capital has sold UK-based Coffee Nation, a producer of coffee vending machines, to Costa Limited for £59.5m.
Andalusian private equity firms to merge
The governing body of Andalusia, the Junta de Andalucía, has announced plans for its investment vehicle Invercaria to merge with the other private equity firms in the region.
Herkules acquires Process Vision
Herkules has acquired Finnish energy software provider Process Vision Oy.
Baker & McKenzie appoints new partner
Law office Baker & McKenzie has appointed Christian Horstkotte as a partner for its Dusseldorf office.
Constellation Capital appoints managing partner
Swiss private equity firm Constellation Capital AG has appointed Ralf Flore as managing partner.
Electra buys Riverside's Sentinel in SBO
Electra Partners has acquired Sentinel Performance Solutions from Riverside in a £43m secondary buyout.
Caird to cash in on PSN
Caird Capital is set to make a stellar return on the sale of PSN once the $1bn sale to Wood Group completes.
Ibersuizas cedes two funds to Portobello
Ibersuizas has finalised the transfer of two of its funds to Portobello Capital, a rival fund manager created by four of the Spanish private equity firm’s former partners.
KKR appoints European head of special situations
KKR has appointed Mubashir Mukadam as its European head of special situations.
BDC-backed Lumison acquires Blue Square Data
Bridgepoint Development Capital (BDC) portfolio company Lumison has acquired UK data centres operator Blue Square Data for £22m.
Nova Capital sells ABSL to Enersys
Nova Capital Management has exited British power solutions designer ABSL in a trade sale to US corporation Enersys.
Vitruvian Partners back MBO of IMD
Lausanne Acquisitions, a bid vehicle funded by Vitruvian Partners, have backed the MBO of Independent Media Distribution.