News
WHEB Ventures closes second cleantech fund
Cleantech private equity firm WHEB Ventures has achieved the final closing of its second clean technology fund, WHEB Ventures Private Equity Fund 2 LP, on £105.4m or €125m.
Horwath Clark Whitehill adds to its corporate team
Horwath Clark Whitehill has appointed four new partners to its corporate team.
Colin Ellis joins BVCA as chief economist
The British Venture Capital Association (BVCA) has appointed Colin Ellis as its chief economist.
Nycomed requests further covenant relief
Swiss private equity-backed drug company Nycomed has asked its lenders for covenant relief as it looks at ways of managing its debts.
General Motors launches venture fund
General Motors has launched a $100m venture capital fund, targeting automotive-related technologies.
CDC Entreprises et al. inject €12m into Cytheris
French biopharmaceutical company Cytheris has completed a €12m series-D round of financing.
Nexus acquires auto rental company Adapted Vehicle Hire
ISIS-backed Nexus Vehicle Management has acquired Adapted Vehicle Hire Ltd.
Cinven fights for JOST control
According to reports, Cinven is fighting for control of truck parts manufacturer JOST World GmbH.
AXA Private Equity's Sfinc acquires JADICO
AXA Private Equity's portfolio company Sfinc, a Belgian manufacturer of ingredients for the food processing industry, has acquired Netherlands-based JADICO.
CGS Management's Automatik in CHF 200m merger
CGS Management's German portfolio company Automatik Plastic Machinery has completed a CHF 200m merger with Swiss-based Maag Pump Systems, a gear pump manufacturer.
HPV leads third round of funding for OpenSynergy
Hasso Plattner Ventures has led a third round of funding for OpenSynergy GmbH.
bcnHighgrowth invests €2m in Oonair
bcnHighgrowth has provided a €2m investment to expand media content company Oonair.
GE Capital hires Alan Austin
Alan Austin has joined GE Capital as Regional Director for London and the South.
Finance Wales provides £500,000 for Inspiresport
Finance Wales has provided a £500,000 follow-on debt and equity investment for Cardiff-based Inspiresport, a sports education company.
Edmond de Rothschild invests in Groupe Fontanel
Edmond de Rothschild Investment Partners has acquired 20% of Groupe Fontanel through its Winch Capital II fund.
Carlyle to acquire 65% of French Giannoni
The Carlyle Group has submitted a bid for 65% of Giannoni, through its Carlyle Europe Partners III fund.
Auctus acquires rehabilitation clinics
Auctus Capital Partners has acquired eight rehabilitation clinics from Marseille-Kliniken AG for an undisclosed amount. Following the transaction, the group of clinics will trade as Celenus-Kliniken GmbH.
KBC cancels plans to sell private equity unit
KBC Group has abandoned plans to sell its private equity division, according to reports.
BeCapital closes first round of fundraising
Newly-launched fund BeCapital has raised €80.3m from more than 25 investors.
EQT Partners makes bid for AcadeMedia
EQT Partners has secured a 75.2% stake in AcadeMedia following a tender offer in April.
Rhône-Alpes Création et al. invest $1.5m in Docea Power SAS
Docea Power SAS has raised $1.5m in expansion capital from Rhône-Alpes Création, Alps Development Sustainable Investment, Siparex, Octalfia and private investors.
HSBC to sell private equity businesses
HSBC Holdings Plc is set to sell its private equity fund management businesses in Hong Kong, the UK, US, Canada and the Middle East.
HgCapital acquires Manx Telecom
HgCapital has taken a majority stake in Manx Telecom, the largest telecommunications and internet provider on the Isle of Man.
Graphite Capital founds London Square
Graphite Capital has taken a majority stake in house builder London Square in a deal worth £100m. The UK mid-market buyout house will supply £50m of equity, along with a £50m senior debt package.