News
POLAND - Enterprise Investors take 50% stake in PBKM
Enterprise Investors' has invested a little over PLN 18.1m (about EUR 4.4m) in biotechnology business Polski Bank Komórek Macierzystych, acquiring a 50% stake in the company.
NETHERLANDS - KBC-backed arGEN-X gets a further EUR 1.3m
Biopharmaceutical firm arGEN-X, which is backed by a venture capital consortium comprising KBC Private Equity, BioGeneration Ventures, Erasmus MC Biomedical Fund, Thuja Capital Healthcare Funds, has received a EUR 1.3m grant from the Institute for the...
SPAIN/EUROPE - Foresight strengthens solar team
Asset manager Foresight Group has boosted its solar team with the appointment of Humberto Santillana as investment director.
UK - DN Capital backs MBO of Datanomic; 3i exits
Media and technology investor DN Capital has backed the management buyout of software company Datanomic Ltd, acquiring 3i's shares and loans in the business.
UK - Lyceum Capital appoints investment executive
Mid-market growth investor Lyceum Capital has hired Martin Wygas to its investment team.
FRANCE - Oddo keeps Faith with EUR 1.5m investment
Oddo has provided Faith Connexion, a clothing company, with in a second round of investment worth EUR 1.5m.
FRANCE - CDC Capital Investissement appoints Pancrazi
CDC Capital Investissement has recruited Jacques Pancrazi as deputy director general.
FRANCE - Newfund agrees buyout of 118000
Newfund has completed its third deal with the management buyout of 118000, a phone service and internet company, from German telecommunications business Telegate.
AUSTRIA – MIG & EdRIP co-lead EUR 4m PDC Biotech round
MIG Verwaltungs AG and Edmond de Rothschild Investment Partners (EdRIP) have co-led a EUR 4m series-A funding round in biotechnology start-up PDC Biotech GmbH.
GERMANY – HTGF invests in enexion GmbH
High-Tech Gründerfonds has participated in a first round of funding for software company enexion GmbH.
UK - WestBridge backs e2train MBO
WestBridge Fund Managers has backed the management buyout of e-learning business e2train. No financial details have been disclosed.
FRANCE - Crédit Agricole PE and Soridec back Aquafadas with EUR 1.2m
Crédit Agricole Private Equity and Soridec have provided Aquafadas, a software company, with an investment of just over EUR 1m.
UK - Close Brothers CF appoints support services head
Close Brothers Corporate Finance has appointed Will Thompson to head of its support services sector team.
FRANCE - Advent to sell Monext
Advent International looks set to exit its investment in electronic payment company Monext, which it spun out from Experian France in 2008, in a trade sale to Crédit Mutuel Arkéa.
FRANCE - Perfectis-backed Maxiper acquires TEA
Perfectis Private Equity-backed marketing business Maxiper has purchased outsourced telephone assistance business TEA - BGME Group.
FRANCE - Duke Street loses control of Navimo
Duke Street Capital-backed Navimo, a producer of yachting accessories, has completed a restructuring that sees the private equity sponsor lose its majority interest in the business.
UK - Atlas exits Koodos
Atlas Venture has exited online discount fashion retailer Koodos Ltd through a trade sale to software development company e-trader.
FINLAND - CapMan CFO resigns
Kaisa Arovaara has resigned as CFO of Finnish private equity house CapMan. From 31 January 2010, senior partner Olli Liitola will resume Arovaara's role, until a new CFO is appointed.
GERMANY- Capiton closes fourth fund on EUR 350m
Capiton has held an oversubscribed final close of its fourth fund, capiton IV, on its EUR 350m target.
SWEDEN - CapMan to acquire SRK Konsultation
Nordic investor CapMan, via its Life Science IV Fund, has agreed to acquire a majority stake in healthcare business SRK Konsultation from the company's founder, Thomas Björkman, for an undisclosed sum.
CEE – Carlyle spin-out Resource Partners reaches first close
Unquote" can reveal that a first close on EUR 51m is "imminent" for Resource Partners, the CEE private equity team spawned by Carlyle Group's attempt to set up shop in the region.
GLOBAL - Blackstone's shares increase by over 7%
Shares of Blackstone rose by above 7% yesterday, largely a result of the expected positive earnings report to be released on 6 November.
UK- Vision Capital's First Quench goes into administration
Vision Capital-backed First Quench, the owner of the Threshers and Wine Rack chains, has been placed into administration.
NETHERLANDS – Gimv et al in EUR 13m round for GreenPeak
Gimv and Robert Bosch Venture Capital have led a EUR 13m series-B funding round for semiconductor business GreenPeak, alongside existing investors DFJ Esprit, Motorola Ventures and the Allegro Investment Fund.