News
FRANCE - NBGI closes first fund on EUR 100m
NBGI Private Equity France has closed its maiden fund on EUR 100m.
UK - BC Partners drops bid for Matalan
BC Partners has reportedly dropped out of the auction for UK discount retailer Matalan, which has been put up for sale for a price tag thought to be around ТЃ1.5bn.
GERMANY - Earlybird leads EUR 3m round for EBS Technology
Earlybird has led a EUR 3m investment in medical device business EBS Technology GmbH, together with BC Brandenburg Capital.
FRANCE - I-Source supports eYeka
I-Source has invested an undisclosed amount into eYeka, a company which a provides online video and image service applications.
EUROPE - Carlyle makes senior promotions across Europe
Buyout house Carlyle has promoted 33 professionals to senior positions across its offices globally, with four in the firm's London office.
SPAIN - Providence-backed Ono to begin debt refinancing
Spanish cable operator Ono, which is backed by a private equity consortium including Providence Equity, Quadrangle Capital Partners, JP Morgan Partners and Thomas H Lee Partners, has began talks with its lenders to refinance its debt pile, which totals...
FRANCE - I-Source invests EUR 2m in Mobigard
I-Source, alongside Direct Energie and Bouygues Telecom Initiatives, has provided software business Mobigard with a EUR 2m investment.
SPAIN - ValCapital acquires La Mediterránea
ValCapital has acquired glassware manufacturer La Mediterránea, which had been forced into administration two years ago after struggling with a EUR 9m debt pile.
UK - Gresham appoints Lloyds' Blower to Manchester team
Mid-market private equity firm Gresham has hired Mark Blower as partner in its investment team in Manchester.
EUROPE - HgCapital to close sixth fund on £1.85bn
Mid-market investor HgCapital is close to a final close of almost ТЃ2bn for its sixth buyout fund, above its original target.
GLOBAL - Blackstone raises $9bn so far for its sixth fund
According to reports based on a letter to its investors, Blackstone has so far raised about $9bn for its sixth buyout fund, BCP VI, and is hoping to hold a final close of the vehicle in June.
SPAIN - Apax opens Barcelona office
UK-based private equity firm Apax has opened a new office in Barcelona, over two decades after opening its Madrid practice in 1989.
NORWAY - Norvestor promotes Korterud to partner
Norwegian buyout house Norvestor has promoted Fredrik W Korterud to partner.
UK - Latham & Watkins appoints Ashurst's Ward as London partner
Law firm Latham & Watkins has hired Graeme Ward as private equity partner in the London office.
Carlyle makes senior promotions across Europe
Buyout house Carlyle has promoted 33 professionals to senior positions across its offices globally, with four in the firm's London office.
ITALY - L-Capital to take stake in Dondup
L-Capital the private equity arm of luxury brand holding LVHM is to take a majority stake in fashion manufacturer Dondup; a deal that has been in the works at least since last summer.
SPAIN - Apax-backed Electro Stocks in debt-for-equity swap
ING has agreed to a debt-for-equity swap with Apax-backed electric equipment supplier Electro Stocks.
NORDIC - Hannes Snellman recruits banking and finance partner
Nordic law firm Hannes Snellman has recruited Paula Röttorp as specialist partner within banking and finance. Fredrik Madani (nee Olsson), Magnus Eriksson and Roger Johnson have been promoted to partners.
GERMANY - Permira exits remaining freenet stake in EUR 115m placement
According to press reports, Permira has divested its remaining 10% stake in telecommunications group freenet in a private placement on the Frankfurt Stock Exchange, raising approximately EUR 115m.
CEE - First turnaround fund for CEE secures EUR 36m
The European Bank for Reconstruction & Development (EBRD), Central and Eastern Europe (CEE)'s largest limited partner, has teamed up with the IFC and asset manager CRG Capital to launch the region's first restructuring fund with initial commitments of...
GERMANY/US - Jordan's PRG acquires Procon
The Jordan Company's portfolio company Production Resource Group has acquired Frankfurt-listed live events business Procon Multimedia.
UK - The Aspire Fund invests inTalentPuzzle
Capital for Enterprise's The Aspire Fund has invested an undisclosed amount into TalentPuzzle, an online recruitment platform, alongside Venrex Investment Managemnet and two angel investors.
FRANCE - Highland CP and Endeavour provide Spartoo with EUR 12m
Highland Capital Partners and Endeavour Vision have led a EUR 12m Series-B round of financing of Online shoe distributor Spartoo.
FRANCE - Duke Street exits Proclif
Duke Street Capital has sold its remaining 57% interest in Proclif, a private hospital company, to Predica, an insurance division of Crédit Agricole, which has in turn sold the stake on to Australian business Ramsay Healthcare for a reported EUR 87m....