News
GERMANY/US – Riverside continues buy-and-build for Sage Holdings
The Riverside Company has acquired Chapter 11 advisory specialist Donlin, Recano & Company Inc from founders Louis Recano and Carole Donlin. The company will be added to corporate communications platform Sage Holdings, which is based in Germany and the...
AUSTRIA - Deutsche Beteiligungs sells MCE
German private equity house Deutsche Beteiligungs AG has sold its entire stake in industrial service group MCE to trade buyer Bilfinger Berger AG in a deal valuing the company at EUR 350m.
UK - LEF invests £5m into New Earth Solutions
Cleantech investor Ludgate Environmental Fund has invested £5m into waste treatment and renewable energy company New Earth Solutions Group.
UK - Amadeus Capital invests in Linkdex
Amadeus Capital Partners, via its Amadeus Seed Fund and Amadeus III vehicle, has invested EUR650,000 into software company Linkdex.
FRANCE - 3i cedes position in Cair
3i has ceded its 34% stake in Groupe Cair to Creadev, an investment company owned by the Mulliez Family. The divestment was made through Creadev's acquisition of Groupe Cair's main subsidiary Homeperf, a home care company. Following 3i's exit, Groupe...
FRANCE - 21 Centrale sees Arjowiggins Security deal cancelled
Paper manufacturing group Sequana has broken off negotiations with French buyout house 21 Centrale Partners regarding the sale of Arjowiggins Security, a division of Sequana's fine-paper subsidiary Arjowiggins, and taken the company off the market.
ITALY - Xenon surpasses EUR 130m target for latest fund
Italian lower mid-market buyout firm Xenon Private Equity has reached the final close of Xenon V at EUR 150m (hard cap) above the EUR 130m target.
CZECH - TA spends $200m on Czech security
TA Associates has paid more than $200m to acquire a minority stake in Czech computer security software firm AVG Technologies from incumbent private equity backers including Enterprise Investors.
GERMANY - Directorbank opens in Germany
Private equity recruitment specialist Directorbank has opened an office in Frankfurt, and appointed Dorothea Kronenberghs as European account director.
UK - Crowell & Moring bolsters corporate team with new hire
Law firm Crowell & Moring has hired Joel Wheeler as a partner in the firm's corporate group in London.
GERMANY - Gilde Healthcare Partners co-leads EUR 7m mtm funding
Gilde Healthcare Partners has co-led a EUR 7m investment for diagnostics company mtm Laboratories, in an extension to the business' series-C funding round.
DENMARK - Danske Kapitalanlæg sells M&J Industries
Danish small-cap buyout house Danske Kapitalanlæg has divested waste recycling equipment and services business M&J Industries in a trade sale to listed Finnish company Metso, a supplier of sustainable technology and services.
GERMANY - Hauck & Aufhäuser appoints head of debt advisory
Hauck & Aufhäuser has appointed Robert Graf von Finckenstein as head of debt advisory restructuring.
GERMANY - IBB et al. invests in intransID GmbH
IBB Beteiligungsgesellschaft, Sonne+Wind Beteiligungen and KfW have jointly invested in sensor systems company intransID GmbH.
GERMANY - BrainsToVentures invests in Linguee
Investors from BrainsToVentures have, together with its in-house fund, provided a second round of financing for online translation search engine provider Linguee GmbH.
GERMANY - IBB invests in Limmer Laser
IBB Beteiligungsgesellschaft has invested in medical technology company Limmer Laser.
GLOBAL- Stanford University puts $1bn of assets on the block
Palo Alto-based Stanford University, one of the largest endowments, has put as much as $1bn of its illiquid investments up for sale in an effort to raise cash for the cash-strapped institution.
BELGIUM - Blackstone in talks with AB InBev
It is understood that buyout giant Blackstone is in talks with Anheuser-Busch InBev, the Belgian business best known for its alcoholic beverage interests, regarding the purchase of some of the group's amusement parks, in a deal that could be worth as...
UK - BC Partners boosts London team with two new hires
BC Partners has hired Laura Coquis and Laurent de Rosiere to the firm's London office.
FRANCE - Avenir et al. invest EUR 2.5m into Elan
A consortium comprising Avenir Entreprises, Siparex and NCI Gestion has acquired a stake in organic product distributor Elan Nature, making an equity investment of EUR 2.5m.
FRANCE - Seventure invests EUR 1.6m into TalentSoft
Seventure Partners has provided software company TalentSoft with an investment of EUR 1.6m.
EUROPE - Former Northern Rock CEO appointed adviser for Apollo
Adam Applegarth, the former CEO of failed UK bank Northern Rock, has joined distressed debt investor Apollo Management as a senior advisor to the firm's European fund.
SPAIN - Suma appoints new adviser
Private equity firm Suma Capital has appointed president of pharma group Ferrer, Sergio Ferrer-Salat Serra di Migni, as independent adviser.
ITALY/MALTA - Denham-back SunRay secures EUR 120m financing
Denham Capital-backed SunRay Renewable Energy has secured EUR 120m project financing to build a 24MW plant in Montalto di Castro.