News
GLOBAL - Cipio promotes Meyel
Global secondary direct specialist Cipio Partners has promoted Diana Meyel to the position of partner.
ITALY - Cape Natixis-backed Garioni acquires 55% stake in CCM
Cape-backed boiler manufacturer La Garioni Naval di Castel Mella has acquired a 55% stake in industrial group CCM. The deal was carried out from Garioni's balance sheet.
UK - LEF invests £1m into Rapid Action Packaging
Ludgate Environmental Fund (LEF) has provided environmental packaging company Rapid Action Packaging (RAP) with a ТЃ1m working capital facility, structured as a loan with warrents.
UK - EV further invests in Plant Impact
Enterprise Ventures (EV), via its RisingStars Growth Fund, has made a follow-on investment into publicly listed agriculture company Plant Impact of ТЃ1.5m. The deal forms part of a placing of 4,850,000 new ordinary shares.
SWEDEN - RWE Innogy invests SEK 12m into Mantex
The venture capital arm of German energy company RWE Innogy has invested SEK 12m into Swedish clean tech business Mantex AB.
UK - MMC Ventures further invests £1.3m into Clash-Media
MMC Ventures has completed a follow on investment worth more than ТЃ1m into digital media company Clash-Media.
FRANCE - NextStage leads EUR 10m investment into Elbée
NexStage has joined returning investors Xange Private Equity and OTC Asset Management in a EUR 10m investment into Elbée Group, the operator of home furnishing websites Delamaison and Decoclico.
EUROPE - 3i appoints two new non-executive directors; halves debt
Private equity group 3i has appointed John Allan and Alistair Cox as non-executive directors on its board, effective 1 September and 1 October respectively.
GERMANY - KKR & Bertelsmann launch EUR 250m rights management business
According to reports, KKR has joined forces with media concern Bertelsmann to develop a music rights management business, with the buyout giant thought to have invested EUR 250m into the venture.
FRANCE - CDC and Innovacom invest EUR 1.5m into Maeglin
CDC Innovations and Innovacom have invested EUR 1.5m into Maeglin Software, a mobile software company, in a second round of financing.
FRANCE - EdRIP holds first close of Winch Capital 2 on EUR 175m
Edmond de Rothschild Investment Partners (EdRIP) has held a first close of its new fund, Winch Capital 2, on EUR 175m.
UK - Walker argues against Commission Directive
The House of Lords EU Sub-Committee on Economic and Financial Affairs today took evidence from alternative investment bodies on the merits of the EU Commission's proposed Alternative Investment Fund Managers directive, with BVCA chief Simon Walker taking...
GERMANY - BC Brandenberg and KfW lead EUR 4.5m Metaversum funding
BC Brandenburg Capital and KfW have led a EUR 4.5m round in GmbH, alongside return backers Balderton Capital and Grazia Equity.
UK - Osmosis Capital expands investment team
Low-carbon focused investor Osmosis Capital has hired Monica Pradhan as investment manager.
ITALY - Sator subscribes to EUR 70m capital increase for Profilo
It is believed that Sator has subscribed to a EUR 70m tranche in the capital increase in Banca Profilo.
ITALY - Arca reaches first closing of third fund on EUR 70m
It is understood that Arca Impresa Gestioni has reached the first closing of its vehicle Arca Impresa TRE on EUR 70m. The fund is targeting targets EUR 200m.
EUROPE - Palamon appoints new adviser
London-based mid-market investor Palamon Capital Partners has appointment Dr Richard Wolman to its board of advisers.
FRANCE - Naxicap invests EUR 5.75m into GSM Consulting
Naxicap Partners has invested close to EUR 6m into cost reduction consultant GSM Consulting, taking a 24% stake in the business.
GERMANY - BayTech Venture Capital leads EUR 5m inge funding
BayTech Venture Capital GmbH has led a EUR 5m funding round for water membranes company inge watertechnologies AG, alongside historic investors Taprogge Watertech, Emerald Cleantech Fund, Sustainable Performance Group, Siemens Venture Capital, StoneFund...
GERMANY - Neuhaus and HTGF close antispameurope funding
Neuhaus Partners and High-Tech Gründerfonds (HTGF) have invested an undisclosed amount into e-mail security business antispameurope in a second round of funding.