News
FRANCE - Eco-Mobilite Partners invest EUR 1.6m in Lumeneo
Eco-Mobilite Partners, the venture subsidiary of the SNCF, alongside Objectif Gazelle 2 and a number business angels from the XMP-BA group, has led an investment into electric car developer Lumeneo worth EUR 1.6m.
UK - Valco to acquire Risk Capital-backed Borders UK
Borders, the ailing bookstore backed by Risk Capital Partners, is in talks with Valco Capital Partners, the private equity arm of restructuring specialist Hilco, over the sale of its UK business.
FRANCE - AGF PE and Innovacom sell Steek in EUR 27.5m deal
AGF Private Equity and Innovacom have wholly exited their respective stakes in Steek, a software provider, in a trade sale to F-Secure Corporation worth EUR 27.5m.
UK - Four Seasons set to agree restructuring deal
The proposed sale of care-home operator Four Seasons Health Care to buyout house Advent International now appears unlikely, as senior lenders agreed terms on a restructuring deal that will see them take a substantial equity stake in the business.
UK - Succes Europe et al. invest £3m into Helveta
French technology investor Succes Europe has led a ТЃ3m second funding round for timber track and trace technology provider Helveta Ltd, alongside existing investors Albion Ventures and Oxford Capital Partners.
UK/DENMARK - Index leads £10.5m Just-Eat funding
Index Ventures, alongside Venrex Investment Management and existing shareholders, has led a series-A funding round for online meal order business, Just-Eat, raising ТЃ10.5m.
UK - MMC Ventures invests £1.1m into E-Stack
MMC Ventures has invested ТЃ1.1m into cleantech company E-stack.
ITALY - Foresight signs project financing for 6MW Puglia solar project
Foresight Group has signed a €25m project financing with West LB and Barclays as mandated lead arranger for the financing of a 6MW solar PV project to be constructed in the Puglia region of Italy.
UK - Electra-backed Vasanta to secure new PE backing
Electra Partners-backed Vasanta Group, one of Britain's largest provider of office supplies, has reportedly said it is close to securing new private equity backing, which could save the company from administration.
UK - Barclays to offload private equity business
Barclays is reportedly close to a spin-off of its private equity business, just weeks after agreeing the sale of Barclays Global Investors (BGI), its fund management arm.
GERMANY - Silverfleet in talks to acquire Kalle Nalo
It is understood that mid-market investor Silverfleet Capital is in exclusive negotiations with Montagu Private Equity to acquire charcuterie casing business Kalle Nalo, with the price tag thought to be around EUR 250m.
POLAND - Oresa backs MBI of Ploh
Swedish investment firm Oresa Ventures has acquired Polish vending business Ploh in a deal that sees a new management team take over from founder Zbigniew Loh.
GERMANY - Apollo to invest in Infineon
Reports suggest that US-based Apollo Management is close to completing an investment of close to EUR 725m in lised chipmaker Infineon, in return for a 29% stake in the company.