News
UK - Warburg may up Premier Foods stake to 18%
Warburg Pincus has been given consent to increase its stake in AIM-listed food manufacturer Premier Foods plc by 2%, bringing its shareholding in the company to almost 18%.
EUROPE - Gimv appoints new technology adviser
Belgian-based investor Gimv has appointed Richard Seibt, chairman of the Open Source Business Foundation, to its Technology Advisory Board.
GLOBAL - Advent appoints operating partner
Buyout house Advent International has hired Richard Baker as operating partner.
GERMANY - Advent and Marcol acquire Median
Advent International and Marcol have jointly acquired independent rehabilitation care provider Median for an undisclosed sum.
FRANCE - ENEX-backed Louise raises EUR 3m
ENEX Group-backed cosmetics business Louise Enterprises has raised a further EUR 3m in financing from a private investor.
DENMARK/US - SLS supports $8m AdvanDx funding
Returning backers SLS Ventures and Danish pension fund LD Pension have contributed $8m in the second part of a series-C funding round for biotechnology business AdvanDx.
GERMANY - HTGF, DuMont and Draper back Plista
New backers High-Tech Gründerfonds and DuMont Venture and existing investor Draper Investment Company have invested an undisclosed seven figure sum into internet business Plista, alongside business angel Peter Schüpbach provided.
GERMANY - Gimv backs $43m Ubidyne funding
Gimv has provided $10m as part of a $43m second round of financing for technology company Ubidyne, alongside historical backers Baytech, Doughty Hanson and TVM.
GERMANY - Silverfleet buys Montagu's Kalle for EUR 212.5m
Silverfleet Capital has acquired Kalle GmbH, a manufacturer of artificial sausage casings and sponge cloths, from Montagu Private Equity for a total consideration of EUR 212.5m.
GLOBAL - Ernst & Young appoints global PE leader
International business advisory firm Ernst & Young has appointed John Harley as the leader for its global private equity practice.
UK - Brookfield appoints two to private equity funds group in London
Brookfield Asset Management has bolstered its private equity funds group with the hire of Peter Thompson and Alexander Apponyi in the firm's London office.
GERMANY - Change Capital acquires EUR 25m Hallhuber
Change Capital, via Change Capital Fund II, has acquired the entire share capital of apparel retailer Hallhuber GmbH from Stefanel GmbH, a subsidiary of Italy-based Stefanel SpA, in a deal valued at EUR 25m.
NORWAY - CLP appoints Opera Software general counsel as new partner
Oslo-based law firm CLP has appointed Stephan Brodschöll as partner.
FINLAND - Sentica closes latest fund above target on EUR 113m
Finnish private equity firm Sentica Partners has held a fourth close of its lower mid-market buyout fund on EUR 113m, exceeding its EUR 100m target.
UK - YFM appoints portfolio director for PE
UK-based venture investor YFM Group has hired David Bell as portfolio director within its private equity division.
UK - Montagu looks to part with Survitec
According to reports, Montagu Private Equity is looking to sell defence group Survitec for ТЃ300m, more than double the price it paid for the company in 2004.
NORWAY - Proventure and Investinor back NOK 30m Numascale funding
Norwegian government-backed venture fund Investinor and seed investor Proventure have participated in a NOK 30m investment round for Norwegian semiconductor business Numascale.
UK - GMT-backed Primesight acquires Titan assets
Outdoor advertising company Primesight Limited, backed by private equity firm GMT Communications Partners, has acquired the roadside assets of Titan Outdoor Advertising Limited for an undisclosed sum.
UK - South East Growth Fund reaps 5x return on BioAnaLab exit
Regional venture investor South East Growth Fund (SEGF) has wholly exited its investment in biotechnology company BioAnaLab through a trade sale to Millipore Corporation, generating a return of 5x money and an IRR of 28%.
UK - Hargreave joins board of Keydata AIM VCTs
Giles Hargreave, the chief executive of Hargreave Hale, has joined the board of two of Keydata's AIM VCTs as non-executive director.
GERMANY - Earlybird and Target Partners invest EUR 2m into Scoreloop
Earlybird and Target Partners have invested EUR 2m into internet platform Scoreloop AG.
EUROPE - 3i may sell venture portfolio to Coller and HarbourVest consortium
3i is now reportedly in exclusive talks with a consortium led by secondary investors Coller Capital and HarbourVest Partners regarding the sale of its venture portfolio, with the price tag thought to be in the region of ТЃ100m.
GERMANY - Summit Partners sells Dedon stake to founder
Summit Partners has sold its stake in furnishings manufacturer Dedon GmbH to Bobby Dekeyser, the founder and stakeholder of the company.
UK - Osmosis Capital appoints new partner
London-based low carbon investor Osmosis Capital has hired Gerrit Heyns as a partner to the firm.