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News

Wellington appoints new Venture Partner

Munich-based venture specialist Wellington Partners has appointed Jigar Shah as a venture partner.

  • People
  • 21 December 2010
Oaktree becomes largest Panrico shareholder

Oaktree Capital has become the largest stakeholder in Spanish doughnut manufacturer Panrico after buying the shares held by Caja Madrid.

  • Restructuring
  • 21 December 2010
Invercaria acquires 20% of Electria

Invercaria, the private equity investment vehicle of the Junta de Andalucía, has acquired a 20% stake in Spanish renewable energy business Electria.

  • Southern Europe
  • 21 December 2010
Qualium sells Exxelia to LBO France

Qualium (formerly CDC Capital Investissement) has sold French electronics specialist Exxelia to LBO France for an undisclosed amount.

  • France
  • 21 December 2010
HSH chairman against PE holding stakes

HSH Nordbank's chairman Hilmar Kopper said in an interview with German magazine "Der Spiegel" that he does not want private equity companies to become shareholders of HSH.

  • DACH
  • 20 December 2010
LDC exits British Salt in £93m trade sale

LDC has sold salt producer British Salt to UK corporation Brunner Mond for £93m.

  • UK / Ireland
  • 20 December 2010
RJD backs Chemigraphic MBO

RJD Partners has backed the management buyout of UK-based electronic manufacturing services provider Chemigraphic.

  • UK / Ireland
  • 20 December 2010
Fondations Capital acquires Courtepaille from ING Parcom

Fondations Capital has acquired French restaurant chain Courtepaille from ING Parcom for €245m.

  • France
  • 20 December 2010
Capricorn and LRM invest €20m in Ducatt

Capricorn Venture Partners and LRM have invested €20m in Belgian solar glass start-up Ducatt.

  • Benelux
  • 20 December 2010
Active II holds first close on €25m

Barcelona-based venture capital firm Active Venture Partners has held a first close of its Active Venture II fund on €25m.

  • Southern Europe
  • 20 December 2010
XAnge et al. back Qeep

XAnge has led a multi-million euro series-B funding round in mobile gaming and entertainment platform Qeep. It was joined by KfW, and BDMI.

  • DACH
  • 20 December 2010
Albion Ventures invests £2m in Engensa

Venture capital firm Albion Ventures has invested £2m in domestic solar panel installer Engensa to allow it to provide free solar energy to homes in Windsor and Maidenhead.

  • UK / Ireland
  • 20 December 2010
Apax aims to raise €11bn fund

Apax Partners is looking to raise an €11bn buyout fund in 2011, according to media reports.

  • UK / Ireland
  • 20 December 2010
3i-backed Grupo Mémora acquires La Expansiva

A portfolio company of buyout specialist 3i has purchased Spanish funeral parlour La Expansiva.

  • Southern Europe
  • 17 December 2010
Suma Capital buys CTC Externalización

Suma Capital has purchased a 75% stake in outsourcing industrial and logistics services provider CTC Externalización as part of a management buyout.

  • Southern Europe
  • 17 December 2010
Miura and Talde acquire 40% of BC

Miura Private Equity and Talde Capital Riesgo have acquired a 40% stake in Grupo BC, which provides outsourcing document services to the banking sector.

  • Financials
  • 17 December 2010
Accel, Pond and SEP exit Gigle Networks

Venture capital firms Accel Partners, Pond Venture and Scottish Equity Partners have sold their 60% stake in Gigle Networks to Broadcom Corporation.

  • Southern Europe
  • 17 December 2010
Innogest-backed Silicon Biosystems forms US subsidiary

A portfolio company of venture capital firm Innogest has formed a US subsidiary to focus on its commercial operations.

  • Technology
  • 17 December 2010
Investing Profit Wisely invests in BeRuby

Investing Profit Wisely and consulting group Eje de Negocios have invested around €1m in BeRuby, a website which specialises in online marketing and publicity.

  • Southern Europe
  • 17 December 2010
Palamon sells Loyalty Partner

Private equity house Palamon Capital Partners has sold its 54% stake in Loyalty Partner to American Express for €240m.

  • DACH
  • 17 December 2010
Montagu acquires Helly Hansen Pro

Montagu Private Equity has agreed to buy Norwegian survival suits maker Helly Hansen Pro from the Helly Hansen Group.

  • Nordics
  • 17 December 2010
Fifth bolt-on in 2010 for Sovereign-backed LM Funerals

Sovereign Capital portfolio company LM Funerals has acquired funeral services business FM & J Wait (FMJW).

  • UK / Ireland
  • 17 December 2010
Caixa Capital Risc leads Omnia Molecular round

Caixa Capital Risc, the private equity arm of La Caixa, has led a second round of funding for Barcelona-based biotech firm Omnia Molecular.

  • Technology
  • 17 December 2010
Activa sells Materne - Mont Blanc to LBO France

LBO France has acquired French desserts maker Materne - Mont Blanc from Activa Capital, a deal reportedly valued at €190m.

  • France
  • 17 December 2010
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