News
Primus Capital raises fund to invest in Hungarian SMEs
The Hungarian market watchdog PSZÁF has given the green light to Primus Capital to commence investing its Ft6.2bn (roughly €23.5m) Primus III Kockázati Tőkealap fund.
Vantis appoints client partner
Vantis Business Recovery Services (BRS), a division of UK accounting, tax and business advisory group Vantis, has appointed Gareth Morris as client partner.
CAPE-backed Chromavis acquires Durlin France
Cimino e Associati Private Equity (CAPE)-backed B2B cosmetics company Chromavis has wholly acquired Durlin France from de Bergerac NC (which is in turn state-owned via the Societe Nationale des Poudres et Explosives).
Bridgepoint Development Capital set up Paris team
Bridgepoint Development Capital (BDC) has set up an office in Paris led by Pierre Colasson.
Inventure et al exit Proxeon to Thermo Fisher Scientific
Inventure Capital, Vecata and VУІkstfonden have divested their stake in scientific instrument maker Proxeon A/S to US trade buyer Thermo Fisher Scientific Inc. The terms of the deal were not disclosed.
Investinor invests NOK 50m in Ziebel
Investinor has led a NOK 71m investment round in oil service company Ziebel AS, contributing NOK 50m.
Amadeus prepares €1.36bn IPO
Amadeus IT Holding, the travel reservations company backed by BC Partners and Cinven, is finalising the preparations for its listing. The company is scheduled to debut in the Madrid bourse on 29 April.
Cerberus' Bawag sells Bawag PSK Versicherung
Cerberus Capital Management-backed Bawag has sold 25% of its insurance broker Bawag PSK Versicherung to sector player Generali.
Mountain Cleantech's En-tech files for insolvency
Mountain Cleantech's portfolio company En-Tech En-tech Energietechnikproduktion GmbH has filed for insolvency.
ISAI hold €24m close of venture fund
ISAI, launched in 2008, has held a first close of €24m of its ISAI Developpement fund.
CDC Enterprises in $18m round for biospace med
CDC Entreprises, (acting on behalf of the Strategic Investment Fund -SIF), has participated in an $18m round for biospace med alongside existing investors Edmond de Rothschild Investment Partners, Crédit Agricole Private Equity, UFG Private Equity, NBGI...
HTGF and KI Kapital invest in SAW Instruments
High-Tech Gründerfonds and KI Kapital GmbH have invested in start-up SAW Instruments GmbH.
Blackstone concedes to lower LP fees
Blackstone Group is set to give a higher than traditional percentage of its transaction fees back to its investors, according to reports.
Gimv hires DACH life sciences partner
Gimv has hired Annegret de Baey-Diepolder as a partner to join the firm’s life sciences in the DACH region; she will be base in Munich.
Deutsche Bank loses spot in NXP IPO
According to reports, KKR is said to have taken Deutsche Bank off the list of underwriters for its impending IPO of Dutch semiconductor business NPX .
CVC takes 35% stake in R
CVC Capital Partners has acquired, a 35% of Spanish cable operator R, valuing the company at around €675m.
Accel bolsters London team
Global venture investor Accel Partners, has appointed Adam Valkin to join the firmтs London office.
Procuritas acquires Gram Equipment AS
Procuritas Capital Investors (PCI) has acquired Danish-based supplier of advanced ice cream machines, Gram Equipment, for an undisclosed sum.
Investinor in NOK 54m round for Nordic Seafarms
Norwegian government-backed venture fund Investinor has alongside other investors backed Nordic Seafarms with NOK 54m.
Norinnova and Sarsia Seed back Prophyllix Pharma,
Norinnova Forvaltning, via Norinnova Invest, has alongside Sarsia Seed invested in Norwegian life science company Prophyllix Pharma, each taking a 7.7% stake.
CEE invests in geothermals company Planetherm GmbH
Conetwork Erneuerbare Energien Holding GmbH & Co. KgaA (CEE), has invested an undisclosed sum in Planetherm GmbH. The deal is rumoured to be valued between €3-7m.
HarbourVest to list shares on LSE
HarbourVest Global Private Equity has announced plans to list its shares on the Specialist Fund Market of the London Stock Exchange.
I2BF to raise Global Cleantech growth capital fund
International cleantech asset manager I2BF has launched Venture Fund II, a $100m global renewable energy and cleantech-focused growth capital fund.
Advent appoints consumer goods operational partner
Advent International has named John Sheppard as the newest partner to join the firmтs Operating Partner Program. He will advise on global investment opportunities in the consumer sector, with a particular focus on branded and private label consumer goods...