News
SWEDEN - Creandum and Viking join EUR 12.5m round for Nanoradio
Scandiavian venture firms Creandum and Viking Venture has joined existing investors Ferd Venture, Industrifonden, Innovacom, Nordic Venture Partners, and Teknoinvest in a EUR 12.5m financing round for semiconductor developer Nanoradio AB.
UK - PROfounders Capital holds first close of new venture fund
London-based PROfounders Capital has held a first close of its inaugural VC fund. No financial details were disclosed.
FRANCE - XAnge and MBO Partenaires exit Acticall
XAnge Private Equity and MBO Partenaires have ceded their shares in Acticall, a client relationship business, to Creadev, an investment company backed by the Mulliez family.
FRANCE - Idia et al. provide Elitech with EUR 9m
Idia Participations, a subsidiary of Crédit Agricole, has invested EUR 9m in Financere Elitech, a biotech holding company, alongside Naxicap Partners, Banque Populaire Développement, BNP Paribas Développement and Synergie Finance.
SWEDEN - Ledstiernan increases Katsching stake to 62%
Swedish private equity firm Ledstiernan has acquired a further 14% stake in online mobile retailer Katshing, increasing its stake from 48% to 62%.
GERMANY - High-Tech Gründerfonds invests in Yatta Solutions GmbH
High-tech Gründerfonds has invested in software company Yatta Solutions GmbH, a specialist in model-driven software, enabling completion of the UML Lab prototype and subsequent market launch.
Switzerland/Germany - Ventizz merges portfolio companies
Ventizz has merged the business activities of Switzerland-based electronic manufacturing service company AEM Technologies Holding AG and Germany-based card manufacturer CardFactory AG.
FINLAND - CapMan Public Market Fund holds final close at EUR 138m
CapMan has held a final close of its Public Market Fund on EUR 138m. CapMan plc's own commitments are reduced from EUR 15m to EUR 7m.
ITALY - Xenon PE holds first close at EUR 113m
Xenon Private Equity has held a first close of its fifth fund, reaching EUR 113m towards a EUR 130m target.
FRANCE - Siparex and Rhônes-Alpes invest EUR 1.2m into Aktor
Siparex, via its fund Siparex Proiximité 3, and the regional Rhônes-Alpes fund have backed invested Aktor Interactive, a human resources marketing firm, with EUR 1.2m
GERMANY – Former German minister-president joins Grazia Equity
Stuttgart-based venture firm Grazia Equity has hired former minister-president of Baden-Württemberg, one of the 16 states of the Federal Republic of Germany, Lothar Späth as an adviser.
UK - MMC Ventures leads £1.4m follow-on investment for The Practice
MMC Ventures has led a follow-on investment in healthcare company The Practice, alongside existing angel investors. MMC invested ТЃ1.1m of the ТЃ1.4m round, bringing its total investment in the company to ТЃ3.4m.
GLOBAL - Pomona Capital surpasses $1bn target for secondaries fund
Global private equity firm Pomona Capital has held a final close of its seventh secondaries fund, Pomona Capital VII, at $1.3bn, surpassing its original $1bn target.
EUROPE - Hall to retain 12% stake in Cinven
Robin Hall, who stepped down as managing partner of buyout giant Cinven this week, will reportedly retain a 12% stake in the private equity firm, assuming the role of executive chairman.
UK- Rainbow Seed Fund sells Orbital Optics
The Rainbow Seed Fund has wholly exited its investment in space camera developer Orbital Optics via a trade sale to the company's majority shareholder MDA, an international space and information solutions business, for a share in Orbital's future revenues....
UK - Amadeus et al-backed Aeopona acquires Valista
Venture capital-backed telecom software provider Aeopona Limited has acquired Dublin-based Valista, a provider of payment, settlement and service solutions to mobile and broadband operators, for an undisclosed sum. Aeopona's backers include Amadeus Capital...
SPAIN - ProA acquires 60% stake in Embutidos Palacios
It is understood that ProA Capital has acquired a 60% stake in charcuterie business Embutidos Palacios. The deal value has not been confirmed, but sector experts estimate it could be around EUR 100m.
UK- 3i's Graeme Sword resigns
Head of 3i's oil, gas and power team, Graeme Sword, has left after 14 years with the firm.
GERMANY - Infineon sells WLC to Golden Gate Capital for EUR 250m
US private equity firm Golden Gate Capital has acquired broadband services provider Wireline Communications from troubled chipmaker Infineon Technologies AG for EUR 250m.
NORWAY - STF and Northzone back Innotech Solar with EUR 6m
Swedish venture capital fund Sustainable Technologies Funds and Norway-based technology investor Northzone Ventures has invested EUR 6m into Innotech Solar AS (ITS), a clean energy company.
SPAIN - Inversiones Perseo to acquire 25% stake in AlgaEnery
It is understood that Inversiones Financieras Perseo, the private equity arm of utilities firm Iberdrola, is in the process of acquiring a 25% stake of alternative energy producer AlgaEnergy.
GERMANY - Private equity firms to re-submit Springer bid
According to press reports, TPG Capital, Carlyle and Providence have been asked to re-submit their bids to acquire a 49% stake in Cinven-backed and Candover-backed academic publisher Springer Science and Business Media.