News
NETHERLANDS - Steadfast-backed MPS acquires Butina A/S
Steadfast Capital-backed Meat Processing Systems (MPS) has acquired a majority stake in Butina A/S.
SWITZERLAND - HBM BioVentures sells Ziemer stake for CHF 7m
HBM BioVentures has sold its stake in Ziemer Group Ltd for CHF 7m in cash to other Ziemer shareholders.
UK - WHEB Ventures invests in PassivSystems
WHEB Ventures has invested an undisclosed amount into home energy management company PassivSystems.
GLOBAL - CD&R holds $5bn final close of eighth fund
US-based private equity firm Clayton, Dubilier & Rice (CD&R) has held a final close on its latest fund, Clayton Dubilier & Rice Fund VIII, on approximately $5bn, $1bn more than its predecessor vehicle which closed in 2006.
Steadfast-backed MPS acquries Butina
Steadfast Capital-backed Meat Processing Systems (MPS) has acquired a majority stake in Butina A/S.
UK - SEB Venture Captial et al. exit ShoZu
SEB Venture Capital, Atlas Ventures, Crescendo Ventures and TTP Ventures have all exited their stake in mobile phone application developer ShoZu, via a trade sale to messaging software provider Critical Path for an undisclosed sum.
UK - Lyceum Capital acquires McKinnon & Clarke for £22m
Mid-market investor Lyceum Capital has acquired McKinnon & Clarke (M&C), one of the largest energy procurement and compliance specialists in Europe, for ТЃ22m.
EUROPE - Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
UK - Goldman Sachs et al. sell SpinVox to Nuance
Goldman Sachs Private Equity, GLG Partners, Blue Mountain Capital and Toscafund Asset Management have all exited their investment in SpinVox, a provider of voice-to-screen messaging solutions, via a trade sale to Nuance Communications in a deal valued...
UK/GERMANY - GI Partners sells Acentic for £30m
GI Partners has sold its 65% stake in entertainment company Acentic GmbH to Philweb Corporation for a total consideration of ТЃ30m, including debt.
Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
GLOBAL - Partners Group restructures management
Partners Group has promoted head of finance Roland KУЄslin and Guernsey head Denis O'Malley from senior vice presidents to managing directors, as part of a wider organisational restructuring of the firm.
NORDIC - EQT Infrastructure acquires Swedegas
Sweden-based private equity investor EQT has, via its Infrastructure Fund, acquired Swedegas from EON Ruhrgas, Statoil, DONG Energy and Fortum.
UK - Seventure backs EUR 1m Carbon Hub investment
Seventure Partners has invested EUR 1m into Carbon Hub, a developer of web-based carbon management solutions, alongside individual angel investors.
GERMANY - White & Case boosts restructuring & insolvency practice
White & Case has hired Christoph Schulte-Kaubrügger as equity partner for its restructuring and insolvency practice in its Berlin office.
GERMANY - Nord invests in KiKxxl
Nord Holding has invested an undisclosed sum in call centre services provider KiKxxl in an owner-buyout.
UK - Inflexion backs Griffin
Inflexion Private Equity has invested an undisclosed amount into specialist travel business Griffin Global Group, to back the acquisition of the estate of a deceased founder.
FRANCE - Demeter 2 closes EUR 203m fund
Demeter Partners has closed its second fund, Demeter 2, on EUR 203m, just above its EUR 200m target.
EUROPE - HarbourVest promotes Soquar to vice president
HarbourVest Partners has promoted Abraham Soquar to vice president in the firm's London office.
EUROPE - Doughty Hanson promotes private equity co-heads
European buyout house Doughty Hanson has promoted Mark Corbidge and John Leahy to co-heads of private equity.
UK - Bridgepoint sweetens takeover offer for Care UK
Bridgepoint has reportedly upped its offer for care home operator Care UK to between 450-500 pence per share, valuing the business at between ТЃ275-300m.
FINLAND - Sentica acquires health care provider Pihlajalinna
Finnish private equity house Sentica Partners has acquired a majority stake in Pihlajalinna Oy, a health care services provider, for an undisclosed sum.
EUROPE - Still scope for secondaries?
Could the vast amounts of secondary funds raised recently and the limited deal completion lead to a capital overhang in the coming years? Francois Rowell asks Sergio Jovele of Partners Group, which yesterday announced the closing of its latest secondaries-focused...
FRANCE - Accor board splits company in two
Colony Capital- and Eurazeo-backed Accor has backed the board's decision split the company into two separate entities, based around its hotel business and its prepaid services division, with both companies to be listed separately on the Paris stock market....