News
Procuritas acquires Oral Care
Procuritas has acquired Swedish mobile dentistry company, Oral Care.
Viking Venture takes 37.5% stake in Evatic
Viking Venture has acquired 37.5% of the share capital in software business Evatic.
Permira teams up with AMEX for RBS WorldPay bid
Permira and American Express are thought to have partnered to make a bid for Royal Bank of Scotlandтs payment processing business.
Altor applies for listing of Byggmax
Altor has applied for a listing of Swedish DIY supplier Byggmax Group on the NASDAQ OMX Stockholm.
Energy Ventures lead NOK 170m buyout of Read Well
Energy Ventures has, alongside Viking Venture, KLP and management, wholly acquired oil & gas services provider Read Well Services (RWS), valuing the business at NOK 170m.
EQT raises AcadeMedia bid
EQT has increased its bid for Swedish education provider AcadeMedia from SEK 190 to SEK 205 per share, valuing the company at approximately SEK 2.473bn.
Summit takes majority stake in Ogone
Summit Partners is to acquire a majority stake in online payment processing company Ogone SA/NV; financial terms of the transaction were not disclosed.
Borea acquires WorkShop
Borea has wholly acquired staffing and temping agency WorkShop Bemanning & Kompetanse, alongside Isoldi and Nycon.
Lehman mezzanine unit spun-out to Neovara
Lehman Brothers European Mezzanine Partners has been spun-out by its management team.
Nazca nears final close; to hit €200m hardcap
unquote” has learnt Nazca Nazca Private Equity is nearing the final close of its third fund. The vehicle has been oversubscribed, surpassing its €150m target and hitting its hardcap – set at €200m.
Ambienta acquires 60% stake in Ecotek
Specialist environmental investor Ambienta has acquired a 60% stake in alternative fuel producer Ecotek. The balance is retained by the Ravelli family.
George Osborne set to vote against AIFM
Britain’s new Chancellor, George Osborne, is set to vote against the Alternative Investment Fund Managers (AIFM) Directive, according to reports.
Zeus backs Electra-net acquisition
Zeus Private Equity-backed Electra-net (UK) has acquired KeTech 2As Ltd from the KeTech Group.
3i returns up in 2009/10
3i made a gross portfolio return of £843m according to its full year results, after suffering losses in excess of £2bn in the previous financial year.
Industries et Finances nets 4.5x return in Caterine group sale
Industries et Finances has divested its stake in restaurant business Caterine Restauration to trade player Compass Group.
Mid Europa invests in Czech Energy 21
Mid Europa Partners has signed an agreement to purchase a stake in Czech solar power operator, Energy 21, for an undisclosed amount. The deal is subject to regulatory clearance.
Pavoncelli departs Lazard to set up PE outfit
Riccardo Pavoncelli is to launch a private equity investment company for private wealth investors, following his departure from Lazard at the end of March, according to media reports.
Avenir Entreprises in Labaronne Citaf SBO
Private equity investor Avenir Entreprises has backed the secondary management buyout of French cistern manufacturer, Labaronne Citaf.
BVCA warns Tory-Lib Dem government on CGT
The British Venture Capital Association (BVCA) has warned the country’s new Conservative-Liberal Democrat government against making a rushed decision on capital gains tax (CGT).
AlixPartners appoints two directors to London team
AlixPartners has appointed Nick Bradley and James Priestly to its London office.
Next Wave-backed TORA invests in Simply Zesty
Next Wave Partners portfolio company The Oxford Research Agency (TORA) has acquired a minority share in Irish online public relations and social media agency, Simply Zesty.
Private equity in talks to acquire Intesa asset manager
Intesa Sanpaolo is in preliminary talks with private equity group Hellman & Hellman to sell a stake in its asset management business, Banca Fideuram.
Terra Firma 'confident' on EMI debt
Terra Firma says it is confident it will meet its debt obligations to Citigroup into the next year, according to reports.
Former fund managers sue 3i
Two former 3i fund managers have reportedly sued the company for ТЃ3.06m each in shares and cash performance bonuses, following the closure of a fund they were hired to run.