News
Inflexion completes £28.4m take-private of FDM Group
Inflexion Private Equity has completed the de-listing of IT services company FDM Group. The deal valued the AIM-listed business at ТЃ28.4m, down from ТЃ33.3m, as reported in unquote" in December last year, when the deal was agreed.
BOCE acquires Austria Email from UIAG
Buy-Out Central Europe has acquired 63.41% of listed Austria Email AG from investor UIAG.
Phoenix nearly triples money on Nationwide sale to Halfords
Second exit in 2010 for Phoenix, Kimberly Romaine reports
Nauta in €1.5m round for Abiquo
Venture firm Nauta has led a €1.5m round for technology firm Abiquo, contributing €1m to the round and closing the first deal of its third fund Nauta III.
Salans opens office in Brussels
International law firm Salans has opened an office in Brussels which will commence operating as of 1 March.
KBC and ARKimedes invest in Concrete Systems
KBC Private Equity and ARKimedes through their joint subsidiary KBC Arkiv, have invested an undisclosed sum in shuttering solutions manufacturer Concrete System.
PTV and Sunstone invest €2.5m in Layar
Prime Technology Ventures (PTV) has together with Sunstone Capital, led a €2.5m series A round for Dutch augmented reality (AR) platform provider Layar.
High-Tech Gründerfonds et al. invest in design2desire
High-Tech Gründerfonds has led a funding round in design furniture maker design2desire.
EQT's Actavis still in the race for for ratiopharm
According to reports, EQT-backed Actavis is still left in the race for generic drugs group ratiopharm being sold by VEM Vermoegensverwaltung GmbH.
Consortium funds Cuculus with EUR 2.6m
Yellow&Blue Investment Management has led a EUR 2.6m round in smart metering company Cuculus GmbH.
Hauck & Aufhäuser hires ten from Sal Oppenheim
Private bank Hauck & Aufhäuser has hired a team of ten financial professionals from Sal Oppenheim, headed by Wofram Schmerl, formerly managing director and head of the private bank's financial sponsors team.
Germany's importance to grow as private equity recovers
Germany’s significance in terms of overall European private equity is set to increase in the coming years, with international funds indicating that they will target the region more over the next five years. Mareen Goebel reports.
EdRIP and UI gestion stage OBO of Segex
Edmond de Rothschild Investment Partners (EdRIP), UI Gestion and Socadif have staged an OBO of the Segex Group, a civil engineering company, alongside the management.
Northzone secures EUR 90m in first close of venture fund
Nordic venture investor Northzone Ventures has secured EUR 90m in a first close of its sixth fund.
The only way is up: new poll reveals strong optimism for 2010
Most readers are optimistic for the year ahead - but cynics have good cause for concern. By Kimberly Romaine.
CapMan winds down Finnventure funds; exits Turo Tailor
Finnish GP CapMan has sold Turo Tailor AB, a producer of men's suits, to the company's management. The business was the last investment in the Finnventure funds.