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News

Venture-backed Cycleenergy acquires Gaishorn

Venture-backed biomass plant company Cycleenergy has acquired Bioenergie Gaishorn GmbH and doubled its capacities.

  • Expansion
  • 28 January 2010
roberto-biondi-permira
Permira names new partner

UK-based buyout house Permira has promoted Roberto Biondi to partner.

  • Southern Europe
  • 28 January 2010
EK Fin acquires 15% of Transfer Industries

Mittelstandsfinanzierungs AG has acquired 15% of Transfer Industries GmbH, which owns turbine manufacturer Global Hydro Energy GmbH.

  • DACH
  • 28 January 2010
TA Associates promotes seven

US-based TA Associates, has promoted seven members of its staff, effective January 1, 2010.

  • People
  • 28 January 2010
ben-hewetson
Q&A: LPs take direct route

Deborah Sterescu speaks to Ben Hewetson, director of Teachers’ Private Capital in London on the merits of direct investing.

  • LPs
  • 28 January 2010
Carlyle names HR head for Europe and MENA

Private equity firm The Carlyle Group has named Annie Paydar as head of Human Resources for the European and MENA regions.

  • People
  • 28 January 2010
Rainbow Seed Fund et al invest £2m into Microvisk

Existing investor the Rainbow Seed Fund, alongside Oxford Technology Management, the Advantage Growth Fund, Finance Wales and New Hill, have invested £2m into medical diagnostic company Microvisk Technologies.

  • Early-stage
  • 28 January 2010
3TS Capital Partners sells adverServe

3TS Capital Partners has sold its majority stake in adverServe Digital Advertising Services GmbH. In 2006, 3TS invested into adverServe as part of its earlier PXP Software AG engagement.

  • Exits
  • 28 January 2010
Endless refinances Crown Paints with £25m of new debt from RBS

Turnaround investor Endless has agreed to a refinancing of portfolio company Crown Paints Limited, the UK's largest decorative coatings manufacturer, which will see RBS inject £25m of new facilities into the business.

  • Financing
  • 28 January 2010
Optiomi and Veraventure back SongHi

Optiomi Invest has joined forces with the Finnish public early-stage investor Veraventure and backed SongHi Entertainment.

  • Early-stage
  • 28 January 2010
Advent buys Duke Street's Xafinity

Duke Street has completed its exit of Xafinity, the specialist pension services and employee benefits group, through a secondary buyout to Advent International in a deal of undisclosed value - the second SBO in two days.

  • Buyouts
  • 28 January 2010
Veraventure leads USD 1m round for XIHA Life

Finnish public venture capital fund Veraventure has led a USD 1m investment round for multilingual social networking site XIHA Life

  • Early-stage
  • 28 January 2010
CapMan appoints Haavisto CFO

Finnish private equity group CapMan has hired Niko Haavisto as CFO, effective from 1 May 2010.

  • People
  • 28 January 2010
eVenture and Holtzbrinck back EUR 4m mycitydeal funding

eVenture Capital Partners and Holtzbrinck Ventures, alongside strategic investor Rocket Internet, have invested EUR 4m into mycitydeal, a provider of online discounted entertainment offers.

  • Early-stage
  • 27 January 2010
Alchemy's Martin departs

Alchemy Partners' John Martin has left after just 18 months with the firm, a period which saw the turnaround investor lose co-founder Jon Moulton.

  • People
  • 27 January 2010
KKR acquires Pets at Home as SBO proves more lucrative than IPO

Bridgepoint has completed the exit of its pet retail chain Pets at Home through a secondary buyout to US giant KKR that is reportedly worth more than £950m, ending talk of a potential floatation of the business.

  • Buyouts
  • 27 January 2010
CVC and Carlyle bid EUR 5bn for Kabel Deutschland

According to reports, CVC Capital Partners and Carlyle have teamed up for a EUR 5bn bid for cable networks operator Kabel Deutschland, a portfolio company of Providence Equity Partners. The buyout might see banks provide between EUR 3.5bn and EUR 4bn...

  • DACH
  • 27 January 2010
Investec funds Odgers Berndtson buyout

Investec Private Bank Growth & Acquisition Finance has backed the £16m partial buyout of headhunting firm Odgers Berndtson from its parent, OPD Group.

  • UK / Ireland
  • 27 January 2010
smac partners acquires ICT-portfolio from iD TechVentures

Munich-based venture firm smac partners and Headway Capital have acquired a tail-end portfolio from iD TechVentures Ltd. The equity was drawn from smac partners Fund III, with Headway providing backing.

  • Venture
  • 27 January 2010
XPansion invests EUR 1.5m in Sciences-U

  • Expansion
  • 27 January 2010
KKR acquires stake in Rudolf Wild

Kohlberg Kravis Roberts & Co. (KKR) has acquired a stake in food ingredients business Rudolf Wild GmbH & Co. KG with effect from 1 January 2010 from the owner, Dr. Hans-Peter Wild.

  • DACH
  • 27 January 2010
GI Partners launches Elystan Capital Advisers

GI Partners has backed the launch of Elystan Capital Advisers, a Munich-based investment firm targeting mortgage backed assets and the mortgage banking sector in the DACH region.

  • DACH
  • 27 January 2010
Core Capital leads £4m round for Georgina Goodman

VCT manager Core Capital has led a £4m financing round for luxury goods retailer Georgina Goodman.

  • Consumer
  • 27 January 2010
ICSO rebranded as IXO

  • France
  • 27 January 2010
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