News
Cross Equity Partners backs MBO of spirella s.a.
Swiss lower mid-cap specialist Cross Equity Partners has acquired a majority stake in spirella, a supplier of bathroom equipment, from the German group Leifheit AG.
Nordic Capital acquires Handicare
Nordic Capital has acquired Handicare from Herkules Capital in a secondary buyout.
Strong private equity interest for Catalpa
According to reports six private equity houses have made a first offer for Dutch childcare provider Catalpa.
Consortium invests €5m in Action Pharma
A consortium of investors including InnovationsKapital has completed a €5m financing round in Action Pharma.
Schönherr hires Borislav Bozhidarov
Borislav Bozhidarov has joined Central European law firm Schönherr.
ISIS Equity sells Occam DM Ltd for £12m
UK-based ISIS Equity Partners has received £12m for its sale of Occam Direct Marketing Ltd to marketing and printing services company St Ives Group.
Siparex sells its Ludendo Groupe shares
Ixen Partners and Caisse des Dépots have acquired all of Siparex's shares in the toys distributor Ludendo Groupe.
Vector Capital to take Trafficmaster private
Vector Capital Ltd has agreed to acquire all shares in Trafficmaster for a total of £73.27m.
Weinberg Capital backs Pharma Omnium in Cellvir acquisition
French laboratory Pharma Omnium International, owned by Weinberg Capital Partners, has acquired biotech company Cellvir.
Finance Wales and Welsh Assembly inject £610,000 into Altech
Finance Wales and the Welsh Assembly Government have invested £610,000 in Altech Software Ltd to expand its Vision For Food software applications.
GED Capital acquires a stake in Bio-Oils
GED Capital has acquired a share in Huelva-headquartered biodiesel company Bio-Oils.
Industry veterans launch new Russia fund, Elbrus Capital
Three industry veterans are launching a new Russian private equity investment company, Elbrus Capital, after they bought out the assets of Renaissance Private Equity from the Renaissance Group at the end of 2009.
Novartis Venture et al. invest CHF 5m in NanoPowers
Novartis Venture Funds has led a CHF 5m series-A funding round in medical device company NanoPowers. Initiative Capital Romandie (ICR) and Fribourg-based Gran Plasa SA also invested.
Capricorn leads £4.9m investment in Green Biologics
Capricorn Venture Partners has led a £4.9m investment round in UK bio-fuels producer Green Biologics.
Montefiore Investment-backed Asmodee acquires Esdevium Games
Asmodee, a French distributor of board games and trading cards games, has acquired a majority position in Esdevium Games with the support of Montefiore Investment.
Highgate launches UK tech fund
Highgate Associates and Enterprise Corporate Finance are raising a fund to invest in start-up high-tech companies in the UK.
Steadfast Capital buys proFagus
Steadfast Capital has acquired charcoal derivatives producer proFagus GmbH from a group of private investors for an undisclosed amount.
Polaris closes third fund at €365m
Polaris has completed a final closing of its third fund at €365m, breaking its original €350m target.
ETF et al. invest €5m in Compact Power Motors
Environmental Technologies Fund (ETF) has led a €5m financing round for German engine manufacturer Compact Power Motors GmbH.
EQT acquires sports retailer XXL
EQT Partners has acquired a majority stake in sports retail chain XXL Sport & Villmark for an undisclosed sum.
HitecVision Asset Solutions closes on $420m
HitecVision has closed its latest fund at $420, more than $100 over its original target after four months of fundraising.
Phoenix's £450m fund reaches hard cap
Phoenix Equity Partners has reached the hard cap on its new £450m mid-market fund.
PAI- backed Chr Hansen to float in Copenhagen
PAI partners portfolio company Chr Hansen is to list on the NASDAQ OMX Copenhagen stock exchange. The Danish food ingredients group’s IPO is said to be fully subscribed and is expected to raise DKK 3.16bn.
Kirkland & Ellis adds two partners to London office
Kirkland & Ellis International LLP has appointed Gavin Gordon and David Arnold as partners at its Private Equity Practice Group in London.