News
CVC's Evonik to divest minority stake in energy business
Evonik, in which CVC Capital Partners holds a minority stake, is weighing the sale of a minority stake of its energy division.
Denham divests SunRay
Denham Capital Partners have divested SunRay Renewable Energy an solar photovoltaic developer to US-based trade player SunPower, the total consideration for the acquisition is approximately $277m, including $235m in cash and $42m in a letter of credit...
Blackstone to open an office in Düsseldorf
Reports suggest that The Blackstone Group is going to establish an office in Düsseldorf.
Matalan drops potential sale process
British discount retailer Matalan, which had attracted the likes of CVC, TPG, Blackstone, Advent International and BC Partners, has taken itself off the sale block.
CapMan invests in Hermelinen
CapMan has invested the Swedish private health care centre Hermelinen.
MySQL founder backs MoSync
VC firm Open Ocean Capital, backed by MySQL founder Michael "Monty" Widenius has invested an undisclosed sum in MoSync, a provider of mobile application tools for standardisation.
Hygea et al invest £2.7m in Glide Pharma
Existing investors Hygea VCT and Oxford Technology VCT have further invested in drug company Glide Pharma as part of a £2.7m fourth round of funding, alongside Oxford Capital Partners and private backers.
CRB’s OWL Genomics acquires 70% stake of MD Renal
Cross Road Biotech (CRB) portfolio company OWL Genomics has acquired a 70% stake in sector business MD Renal.
YFM-backed Fishawack acquires Nexus Communications
YFM has injected fresh capital to support portfolio company Fishawack Communications, the medical PR company, in its acquisition of US-based Nexus Communications.
Aescap-backed Biocartis acquires Philips Technology Platform
Aescap-backed molecular diagnostics company Biocartis has acquired Philips’ technology platform for rapid fully-automated DNA/RNA molecular diagnostic testing.
Venture Finance appoints business development manager
Invoice and asset based lender Venture Finance has hired Justin Edwards to the position of business development manager.
Cape in €900m proposal to build cars in Sicily
Cimino & Associates Private Equity (Cape), has presented an offer to the Italian government to build electric cars in Sicily.
Clave Mayor invests €4.5m in Ibetor
Spanish mid-market operator, Clave Mayor has invested €4.5m in technology business Ibetor via its Seguranza fund.
Pantheon acquired by AMG
Fund-of-funds manager Pantheon Ventures is to be acquired by US-based Affiliated Managers Group (AMG) for $775m.
General Atlantic appoints senior advisor for Europe
General Atlantic (GA) has appointed Mike McTighe as special advisor to the firm in Europe.
YFM participates in £1m round for ProVision
YFM has invested in a £1m round for wireless HDTV company ProVision Communications.
Neuhaus Partners takes stake in Searchmetrics
Neuhaus Partners has invested in software company Searchmetrics GmbH to fund the company's international expansion.
Zeus-backed Air Energi acquires Pacifica HR
Zeus Private Equity-backed Air Energi Group, the international recruitment business specialising in the oil and gas industry, has made its first acquisition with the purchase of Pacifica HR, a Papua New Guinea-based HR consultancy.
Aggressive banks push Kabel Deutschland debt to 70%
According to sources close to the deal speaking to unquote", the banks involved in the pending Kabel Deutschland deal have aggressively pushed the equity to just 30% of the deal valued at as much as EUR 5bn. Equity ratios of just 30% are almost unheard...
Volati acquires Team Ortopedteknik
Swedish buyout house Volati has acquired orthopaedic technology company Team Ortopedteknik
Seraphim Capital leads £2m round for Intamac
Seraphim Capital has led a £2m investment into home monitoring company Intamac System Limited alongside Chandos Fund.
Montagu Private Equity prepares for EUR 2bn IPO of BSN Medical
Montagu has hired Morgan Stanley to advise on a possible IPO for medical supplies company BSN Medical, which is expected to fetch up to EUR 2bn. A sales process was started about one-and-a-half years ago, but abandoned.
Waterland backed Medhold sold to Sonic Healthcare
Waterland Private Equity has divested its stake in Belgian laboratory business Medhold Group to Australian-based Sonic Healthcare who has fully acquired the business.