News
Adveq hires Hricko and de Vaivre
Global fund-of-funds Adveq has appointed Tomas Hricko as head of its new product management and development team, and Alexandre de Vaivre as executive director and head of Adveq's European client relations.
New £90m VC fund launches in Yorkshire
A £90m venture capital and loan fund has been launched to boost business growth in Yorkshire and the Humber.
Gimv-XL closes on €609m
European investment company Gimv has announced the final closing of its latest vehicle Gimv-XL fund at €609m.
MIG Fonds et al. in €13m Antisense round
MIG Fonds and Global Asset Management have invested a further €13m in biotechnology company Antisense Pharma GmbH, with management and private investors also taking part in the financing.
Cinven to buy Sebia from Montagu
Cinven is set to buy French medical diagnostic company, Sebia, from Montagu Private Equity in a secondary buyout deal reportedly valued at €800m.
Alpha Group's Tom Tailor to cut debt in €140m IPO
Alpha Group's portfolio company Tom Tailor is reportedly preparing for a €140m IPO on the Frankfurt stock exchange at the end of the month, which will see the retailer cut its debt by more than €100m.
NVM acquires Lanner from 3i in £3m deal
NVM Private Equity has backed the £3m management buyout of simulation software provider Lanner Group from 3i, which owned a minority stake in the company.
US house targets Liverpool FC
Private equity firm Rhone Group has reportedly made a £118.5m bid for a 40% stake in Liverpool FC.
PEF and TowerBrook team up to help London’s youth
The Private Equity Foundation (PEF) has announced a partnership with TowerBrook Capital Partners and TowerBrook Foundation to support two new charitable youth schemes in London.
Sovereign-backed EEG acquires Future Environmental Services assets
Sovereign Capital-backed Euro Environmental Group (EEG) has acquired certain trading assets from Future Environmental Services.
VNT invests €2m in dilitronics
Finish VC VNT Management Oy has invested around €2m in LED driver company dilitronics GmbH.
Permira, Candover, Cinven lose control of Gala Coral
Gala Coral's fate is understood to have finally been sealed after its lenders have agreed to a long-awaited restructuring deal that will see Gala's mezzanine creditors take complete control of the business from private equity owners Permira, Candover...
BC Partners' Brenntag prepares IPO
BC Partners-backed chemicals distributor Brenntag is set to list on the Frankfurt Stock Exchange before summer.
DFJ's secondaries division hires two
The secondaries division of DFJ Esprit, Encore Ventures, has hired Richard Marsh as partner and Jonathan Freuchet-Sibilia as investment manager.
KKR and Warner in break-up bid talks for EMI
KKR and Warner Music Group are reportedly in talks to launch a break-up bid for EMI, which is currently owned by Terra Firma, who acquired the business in 2007 in a £4bn deal.
IDI promotes Nourissat to general secretary
French private equity group IDI has promoted legal counsel Tatiana Nourissat to general secretary.
VC-backed Private Sale acquires Triphunter
Shopping community Private Sale, owned by a consortium including Mangrove Capital Partners, has acquired VC-funded travel portal Triphunter.
KKR plans $7.5bn IPO
KKR is planning an IPO on the New York Stock Exchange, according to a regulatory filing today, giving the group a market capitalisation of $7.5bn.
Viking Venture in NOK 33m round for GasSecure
Viking Venture, Sintef Venture, ProVenture Seed and Norwegian state-backed venture fund have invested a total of NOK 33m in a developer of wireless gas detectors.
Advent readies Poundland for sale
Advent International has reportedly hired advisers to prepare discount retail chain Poundland for sale.
DFJ Esprit appoints new senior advisor
Venture capital firm DFJ Esprit has appointed Mikko Suonenlahti as senior adviser.
Oaktree to take control of DIC's Almatis
It is believed that Oaktree Capital Partners is taking control of alumina maker Almatis, a portfolio company of Dubai International Capital (DIC) in a debt-for-equity swap that will reduce the company's €667m debt load.
IDI buys AGF Private Equity
IDI Group has wholly acquired AGF Private Equity, a French fund-of-funds and VC portfolio management company, from Allianz France.
Carbon Trust invests in Oxsensis
Cleantech venture investor Carbon Trust has led a £3m series-C funding round for Oxsensis, a developer of industrial temperature sensors.