News
UK - Zeus backs £30m Air Energi MBO
Zeus Private Equity has backed the ТЃ30m management buyout of international recruitment company Air Energi Group.
UK - AnaCap to purchase CIF for £70m
AnaCap Financial Partners has agreed to acquire invoice financier Cattles Invoice Finance (CIF) from Cattles plc for ТЃ70m.
CEE - Carlyle spinout Resource Partners attracts soft commitments
Resource Partners, the CEE private equity team spawned by Carlyle Group's attempt to set up shop in the region, is believed to be nearing a first close for its EUR 200m debut fund.
GERMANY - Simmons & Simmons hires Jan Wildberger
International law firm Simmons & Simmons has hired former Haarman partner Jan Wildberger to its Frankfurt-based corporate practice.
UK - HSBC-backed Amtech up for grabs
Inspection software provider Amtech, backed by HSBC Private Equity, has reportedly been put up for sale by its private equity owner and management, with the price tag thought to be around ТЃ40m.
GREECE - Lamda acquires 20% stake in Alapis for EUR 90m
London-based private equity house Lamda Partners LP has invested EUR 90.2m in pharma manufacturer Alapis, representing 20% of the new ordinary shares.
UK - ISIS EP increases holding in AIM-listed WIN
Private equity house ISIS Equity Partners (ISIS EP) has acquired another 130,000 shares in AIM-listed WIN, a provider of interactive mobile entertainment and information, bringing its total stake in the business to 12.8%.
SWEDEN - FSN takes 65% stake in Tactel
FSN Capital has acquired a 65% stake in Tactel, a developer of mobile software technology from the founders.
SWEDEN - FSN acquires four landscaping services companies
Norwegian private equity firm FSN Capital Partners has via its third fund acquired four Swedish landscaping services companies, Sjunnesson, Jungs, Qbikum and ISS Landscaping, with combined 2009 revenues of SEK 550m.
GERMANY – BWK increases its R-Biopharm stake to 19.4%
BWK GmbH Unternehmensbeteiligungsgesellschaft has increased its stake in diagnostics company R-Biopharm AG to 19.4%, by acquiring a further 2% stake for EUR 1.3m from a leaving shareholder.
GERMANY - Apax sells remaining stake in listed Dialog Semiconductor
Apax Partners has fully exited its investment in listed semiconductor manufacturer Dialog Semiconductor plc, selling off its 14.2% stake.
GERMANY - Troubled Arques sells Actebis to Droege Capital
Beleaguered industrial holding Arques Industries has sold distribution company Actebis to Droege Capital GmbH, a subsidiary of Droege International Group. Depending on the future performance of the group, the purchase price will be at least EUR 40m.
UK- LTF et al. invest £1m into Novacem
The London Technology Fund, Imperial Innovations and the Royal Society Enterprise Fund have invested over ТЃ1m in cement company Novacem.
GERMANY - HTGF leads investment in Protected-networks.com
High-Tech Gründerfonds has taken the lead in a financing round for IT company Protected-networks.com GmbH.
UK - SpinVox secures £15m in emergency funds
London-based provider of voice-to-screen messaging solutions, SpinVox, has reportedly raised in excess of ТЃ15m in an emergency round of funding from existing backers.
SWEDEN - Ledstiernan sells Repeatit
Swedish private equity firm Ledstiernan has sold Repeatit AB, a developer of fixed broadband wireless access, to Skandinaviska WLAN-specialisten AB. The profit from the sale is said to be marginal.
BELGIUM/NETHERLANDS - PPM Oost backs Epocat
Dutch investor PPM Oost has backed Belgian chemical company Epocat. Financial details were not disclosed.
ITALY - Clessidra's acquisition of Cavalli falls through
Reports suggest that negotiations between the designer and Clessidra have been terminated with little hope of being resuscitated, after disagreements on valuations.
CEE - Bancroft, CCMP sell Nowaco for EUR 250m
CCMP Capital Advisors and Bancroft Private Equity have agreed to sell Central and Eastern European food delivery businesses Nowaco Group and Farutex to international distributor Bidvest in a EUR 250m deal.
LUXEMBOURG/UK - Kneip appoints head of new UK office
3i-backed asset management communications adviser, Kneip, has appointed Paul Poletti-Gadd to head its newly opened UK office.
GERMANY – Apollo to take up 14 million of Infineon shares
US-based private equity firm Apollo Management has subscribed for approximately 14 million shares of listed chip maker Infineon Technology AG at a price of EUR 2.15 per share, in a rights issue that will see the company raise at least EUR700m.
SWEDEN/UK - Wellington et al to back Spotify with futher USD 50m
Existing investors Wellington Partners, Northzone Ventures and Creandum is believed to be participating in a USD 50m round for music streaming service Spotify, led by the Hong-Kong based Li Ka Shing foundation.
GERMANY – Consortium invests seven-figure sum in United Maps
Return backers High-Tech Gruenderfonds, SeedFonds Bayern and SpaceTec Capital Partners have teamed up with ClusterFonds StartUp! to extend the initial seed investment for mapping company United Maps into a seven-figure Series-A round.
UK - Close Brothers CF appoints managing director
Close Brothers Corporate Finance (CBCF) has hired Jonathan Tyler as new managing director of its chemicals sector team.