News
Conor reaches first closing on €46.5m
Finnish venture firm Conor Venture Partners has reached the first closing of its newest early-stage vehicle, Technology Fund II on €46.5m.
Vitruvian in £134m Inspired Gaming take-private
Vitruvian Partners has acquired software developer Inspired Gaming (formerly Bass Leisure Machine Services) for £134m.
Advent appoints operating partner for business services
Advent International has appointed Kevin Beeston to its operating partner programme.
Astorg to raise €1bn buyout fund
Media reports suggest that the French mid-cap buyout house Astorg is planning to raise a €1bn buyout fund this year.
Vantis promotes Paul Mardon to Client Partner
Paul Mardon has been promoted to Client Partner of Vantis Business Recovery Services.
Intera-backed Consti Yhtiöt acquires Rakennus-Lundén
The Finnish building renovation business Consti Yhtiöt, backed by Intera Private Equity, has acquired Rakennus-Lundén Oy.
Auctus invests in Benchmark Partner
Auctus Capital Partners has invested an undisclosed amount in call centre service provider, Benchmark Partner GmbH.
Osborne Clarke adds to private equity team
Osborne Clarke has promoted two of its associates, Matthew Lewis and Robert Wood, to partner. The private equity division now has 11 partners on its team.
Apollo supports LyondellBasell restructuring
Apollo Management has backed the debt restructuring of chemical giant LyondellBasell allowing the company to emerge from the bankruptcy declared in January 2009.
Law firms Hogan and Lovells merge
Law firms Hogan & Hartson and Lovells have merged to become Hogan Lovells.
Capvis and Partners Group buy Kaffee Partner from Odewald
Swiss-based Capvis Equity Partners and Partners Group have acquired a majority stake in coffee specialist Kaffee Partner from Odewald & Compagnie. The value of the transaction has not been disclosed.
Haller appointed partner of CGS Management
Christoph Haller is set to join CGS Management as partner at the Swiss private equity firm in November 2010.
Amundi leads €9m investment in Wyplay
Amundi Private Equity has led a €9m third round investment in audiovisual equipment manufacturer Wyplay alongside returning investors Elaia Parnters, A Plus Finance and Sofinnova Partners.
Langholm Capital backs Bart Spices’ MBO
Mid-market private equity player Langholm Capital, has acquired Bart Spices in a management buy-out backing CEO Matthew Shaw.
Gimv and Sofinnova lead €11.2m financing of INSIDE
Gimv and Sofinnova Partners have led a €11.2m round-D investment in Inside Contactless, an open-standard contactless chip company, alongside existing shareholders.
Apax purchases majority share in Sophos
Apax Funds will buy a majority stake of the information security and data protection provider, Sophos plc. The founders of the IT security company will keep a minority share and are positioned to make £197m from the deal.
GCP exits Fatfoogoo to Digital River $10m
Austrian venture capital house GCP gamma capital partners has sold online trading platform FatFoogoo to NASDAQ-listed e-commerce group Digital River. The exit values FatFoogoo at $10m and GCP has further agreed an earnout provision.
Advent sells Poundland to Warburg Pincus
Global Private equity firm Advent International has divested its stake in single price retailer Poundland to private equity firm Warburg Pincus, in a deal reportedly worth £200m.
Segulah change of address
Nordic private equity investor Segulah is moving office and changing its contact details.
Polaris divests Frösunda to HgCapital
Pan-European investor HgCapital has acquired Frösunda LSS from Danish private equity firm Polaris for an undisclosed sum.
CapMan backs Havator
Private equity investor CapMan has invested in Havator Group a Finnish crane services supplier.
Verdane acquires six internet companies
Verdane Capital has acquired a portfolio of six Internet companies from Aggregate Media.
Consortium raises €20m Series C for Affimed
Existing investors aeris Capital, BioMedInvest, LSP Life Sciences Partners, Novo Nordisk A/S and Orbimed have provided €20m in in a Series-C financing round for Affimed Therapeutics AG.
Lime Rock invests NOK 50m in Reelwell
Lime Rock Partners has backed oil service technology business Reelwell with NOK 50m.