News
KBC to sell private equity wing
As previously reported in unquote, KBC Groupe NV, a Belgian bank, is set to sell its private equity arm by the end of 2010 having received a number of offers for the division.
Bencis-backed Quaron to be acquired by Univar
Bencis Capital has agreed to sell its chemical manufacturer Quaron Group to trade player Univar.
CVC's Evonik to divest minority stake in energy business
Evonik, in which CVC Capital Partners holds a minority stake, is weighing the sale of a minority stake of its energy division.
Blackstone to open an office in Düsseldorf
Reports suggest that The Blackstone Group is going to establish an office in Düsseldorf.
CapMan invests in Hermelinen
CapMan has invested the Swedish private health care centre Hermelinen.
MySQL founder backs MoSync
VC firm Open Ocean Capital, backed by MySQL founder Michael "Monty" Widenius has invested an undisclosed sum in MoSync, a provider of mobile application tools for standardisation.
CRB's OWL Genomics acquires 70% stake of MD Renal
Cross Road Biotech (CRB) portfolio company OWL Genomics has acquired a 70% stake in sector business MD Renal.
Aescap-backed Biocartis acquires Philips Technology Platform
Aescap-backed molecular diagnostics company Biocartis has acquired Philips’ technology platform for rapid fully-automated DNA/RNA molecular diagnostic testing.
Cape in €900m proposal to build cars in Sicily
Cimino & Associates Private Equity (Cape), has presented an offer to the Italian government to build electric cars in Sicily.
Clave Mayor invests €4.5m in Ibetor
Spanish mid-market operator, Clave Mayor has invested €4.5m in technology business Ibetor via its Seguranza fund.
General Atlantic appoints senior advisor for Europe
General Atlantic (GA) has appointed Mike McTighe as special advisor to the firm in Europe.
Neuhaus Partners takes stake in Searchmetrics
Neuhaus Partners has invested in software company Searchmetrics GmbH to fund the company's international expansion.
Aggressive banks push Kabel Deutschland debt to 70%
According to sources close to the deal speaking to unquote", the banks involved in the pending Kabel Deutschland deal have aggressively pushed the equity to just 30% of the deal valued at as much as EUR 5bn. Equity ratios of just 30% are almost unheard...
Volati acquires Team Ortopedteknik
Swedish buyout house Volati has acquired orthopaedic technology company Team Ortopedteknik
Montagu Private Equity prepares for EUR 2bn IPO of BSN Medical
Montagu has hired Morgan Stanley to advise on a possible IPO for medical supplies company BSN Medical, which is expected to fetch up to EUR 2bn. A sales process was started about one-and-a-half years ago, but abandoned.
Waterland backed Medhold sold to Sonic Healthcare
Waterland Private Equity has divested its stake in Belgian laboratory business Medhold Group to Australian-based Sonic Healthcare who has fully acquired the business.
Westerlund proposed as new chairman of CapMan
In its AGM notice, Finnish private equity house CapMan, has proposed CEO Heikki Westerlund to become the group's new chairman.
Eqvitec invests SEK 26m into Voddler
Finnish venture investors has backed Voddler, a company which providing video on-demand service, with SEK 26m.
123Ventures increases shareholder base
Private equity house 123Ventures has increased its shareholder base from seven to 17 through an owner buyout.
Bridgepoint acquires LGV's LGC for £257m
Bridgepoint has acquired forensics and scientific testing company LGC from LGV Capital for ТЃ257m.