News
NORWAY - HitecVision in NOK 347m bid for Grenland Group
Norwegian private equity firm HitecVision has together with Skogen Investering, the investment company of Grenland founder and CEO Hallgeir Skogen, launched a voluntary offer for all shares in oil service company Grenland Group ASA.
FRANCE - Oséo supports Ariana with EUR 1m
Oséo has provided Ariana Pharma, a software company focused on drug discovery, with EUR 1m as part of the IMAkinib initiative, a program focused on developing biomarkers for oncology.
IRELAND - Fountain Healthcare leads $70m Amarin financing
Existing backer Fountain Healthcare Partners has led a $70m financing for listed biopharmaceutical company Amarin Corporation, through a private placement.
AUSTRIA - One Equity Partners acquires Constantia Packaging AG
One Equity Partners has acquired a stake of approximately 66% of listed packaging manufacturer Constantia Packaging and has announced its intention to make a full takeover offer at a price of EUR 39 per share to remaining shareholders.
FINLAND - Altor sells PaloDEx to Danaher
Swedish private equity firm Altor has sold medical equipment company PaloDEx to Danaher Corporation, a Finnish dental company.
UK - Palamon snags Candover's Owen Wilson as vice president
Palamon Capital Partners has hired Candover's Owen Wilson as vice-president of the firm.
UK - Hotbed appoints investment director
Private investor network Hotbed has hired Ed Henson as investment director in its commercial property division.
UK - Foresight expands environment team with new hire
Foresight Group has hired James Samworth as investment manager on its environmental investment team.
US/EUROPE - First Reserve Corp adopts UN's PRI
Energy-focused investor First Reserve Corporation has today announced that it has adopted the United Nations' Principles for Responsible Investment (PRI), becoming the first energy-related private equity firm to do so.
EUROPE - Two senior partners leave Apax
It's election year and two senior figures have announced their resignation: no, not the UK's embattled Labour government, but global buyout house Apax Partners.
UK - Mangrove Capital invests $1.5m in Amuso
Mangrove Capital Partners has further invested in online cash trivia company Amuso in a funding round valued at $1.5m .
GLOBAL- Lionel Pincus dies
Lionel Pincus, founder and former chairman of private equity giant Warburg Pincus, died Saturday in New York after a long illness.
GERMANY - JC Flowers files lawsuit against HRE following squeeze-out
JC Flowers has confirmed that it has filed a lawsuit to fight the full nationalisation of banking group Hypo Real Estate Holding, which was confirmed at the lenders' annual general meeting last week.
FINLAND - Viking, Eqvitec and FII sell Iqua to Savox
Viking Venture, Eqvitec and government-backed Finnish Industry Investment has sold the wireless mobile accessories developer, Iqua, to Finland-based Savox Group.
UK - GI-backed Orchid may acquire Premium Bars & Restaurants
GI Partners-backed Orchid Group is said to be the preferred bidder to acquire Premium Bars & Restaurants from administrators at BDO Stoy Hayward.
EUROPE/US - GI Partners closes $2bn third fund
GI Partners has held a final close of its latest vehicle, GI Partners Fund III, on close to $2bn, representing more than a 35% increase from the size of its predecessor.
GERMANY - Advent acquires GFKL Financial Services AG
Advent International has agreed to acquire a majority stake in GFKL Financial Services, an independent provider for debt collection and debt purchase services in Germany, from a consortium of institutional investors.
GERMANY – BayBG moves into new offices
Bayerische Beteiligungsgesellschaft moved into new offices in Munich today. The new address is Königinstraße 23, 80539 Munich.
NORWAY - Kinserdal leaves Borea Opportunity
Finn Kinserdal has left his position as partner of Norwegian private equity firm Borea Opportunity Management.
UK - Langholm Capital boosts team with two new hires
Mid-market investor Langholm Capital has hired Anthony Sills and Erik Blomberg as associates to the firm.
FRANCE – AGF PE and CM-CIC back Deezer with EUR 6.5m
AGF Private Equity and CM-CIC Capital Privé have joined existing investors, the DOTCORP funds, in a second round investment for online music streaming site, Deezer, contributing EUR 6.5m.
UK - Sofinnova Partners leads £4.5m round for Crescendo Biologics
Sofinnova Partners has led a seed funding round worth close to £5m for therapeutics company Crescendo Biologics, alongside Aitua, Avlar BioVentures and the Rainbow Seed Fund.
FRANCE - AGF PE et al. return for EUR 15m Dailymotion investment
According to reports, Advent Venture Partners, AGF Private Equity, Atlas Venture and Partech International have returned for a EUR 15m third round of funding in Dailymotion, alongside a new investor.
UK - Greenhill appoints managing director in London
Boutique investment bank Greenhill & Co has hired Gareth Davies as managing director to the firm's financing advisory and restructuring group based in London.