News
Vantis hires John Bloor as client partner
Vantis has appointed John Bloor as client partner to lead the expansion of its interim management services.
USS acquires $135m interest in NB secondaries fund
The Universities Superannuation Scheme (USS) has acquired a $135m interest in the Neuberger Berman (NB) Secondary Opportunities Fund II from the Lehman Brothers Estate.
Bmp in six figure round for vertical techmedia AG
Bmp AG has acquired 22.5% of online marketer, vertical techmedia AG, through a capital increase.
NVM sets up RCC Lifesciences
NVM Private Equity has backed the £3m launch of RCC Lifesciences Limited. The acquisition vehicle will target development capital opportunities within the UK healthcare sector and primarily the lifesciences and medical devices markets.
Philip Yea to hit stock market with oil and gas fund
Philip Yea, the former 3i chief executive, is assembling a team to launch a fund dedicated to buying assets in the oil and gas market.
Triton makes takeover offer for Karstadt
Triton has made a takeover offer for insolvent department store chain Karstadt.
Gresham buys Team Telecom Group for £32.8m
UK mid-market investor Gresham has backed the £32.8m management buyout of telecoms services provider Team Telecom Group (TTG) from Spice plc.
I-Source lead €3m Compario financing
I-Source has led a €3m first round of financing in Compario, an e-commerce company, along side XAnge Private Equity.
NextStage exits interest in Groupe Gruau
NextStage has exited its investment in Groupe Gruau, a commercial vehicle converter, selling its stake back to Patrick Gruau and reaping a 2.36x multiple on its initial investment.
Blackstone and Wellcome Trust drop bid for RBS assets
Blackstone and UK medical research charity Wellcome Trust have dropped a bid for 318 branches of the Royal Bank of Scotland up for sale.
Palamon reap 3.7x money on Nordax SBO to Vision Capital
Palamon Capital Partners has sold Nordax Finans AB to European investment firm Vision Capital in a deal valuing the business at €105m.
Uzumeri leaves Ontario Teachers'
Ontario Teachers' Pension Plan is looking for a new head of private equity after Erol Uzumeri announced he is to leave the Toronto-based pension fund manager on 14 May.
Eurazeo invest €50m in Fonroche
Eurazeo has invested €50m in Fonroche, a renewable energy company, as part of its new ‘Eurazeo Croissance’ strategy to commit €500m to French SMEs over the next five years.
Bridgepoint secures exclusive talks on HobbyCraft acquisition
Bridgepoint Capital is on the verge of acquiring HobbyCraft, the UK's largest arts and craft retailer, for over £100m.
Afinum acquires Sinnex
Afinum Management has acquired luxury yacht outfitter Sinnex Holding GmbH, which encompasses Sinnex Steinheimer Innenausbau GmbH based in Steinheim an der Murr and Sinnex Innenausbau GmbH based in Griffen, Austria.
Capvis's Orior in CHF 164.4m IPO
Capvis portfolio company Orior AG has listed on the SIZX Swiss Exchange in an IPO valued at CHF 164.4m.
Ziggo issues bonds to repay debts
Ziggo, the Dutch cable television operator owned by private equity investors Warburg Pincus and Cinven, plans to sell €1.2bn of high-yield bonds to finance the repayment of existing debts.
Equita acquires Isolite Holding GmbH
Equita has acquired 100% of Isolite Holding GmbH from a private owner and Cornerstone Capital, which held 40% of the company.
Advent wins £500m DFS auction
Advent International has succeeded with its £500m bid to acquire DFS, a home furniture retailer.
Procuritas buys Waterjet Entreprenad
Procuritas Capital Investors has acquired Swedish provider of hydro demolition, concrete repair and industrial maintenance services, Waterjet Entreprenad.
Yorkshire Bank's Kilpatrick takes on acquisition finance role
Yorkshire Bank has promoted Roddy Kilpatrick to area director within its Corporate & Structured Finance (CSF) team in the North West.
Orkos leads $4m investment in MXP4
Orkos Capital has led a $4m third financing round in MXP4, a music technology platform, alongside returning investors Sofinnova Partners and Ventech.
123Venture and Solairedirect invest €8.5m in EthicOhm
123Venture and Solairedirect have provided their joint venture, solar energy company EthicOhm, with €8.5m of financing.
Octopus Capital invests £1.3m into Gymbox
Octopus Ventures has invested £1.3m into health club business Gymbox.