News
UK- Octopus, Aberdeen chosen to manage govt-backed CFE funds
Octopus Investments and Aberdeen Asset Managers have been chosen to each manage a ТЃ30m government-backed Capital for Enterprise fund (CFE).
GERMANY – Linklaters promotes two new partners and counsels
Linklaters has promoted two new partners and counsels in its German offices.
GERMANY – Perusa acquires Karlie Heimtierbedarf GmbH
Perusa Partners has, together with the management, wholly acquired pet products company Karlie Heimtierbedarf GmbH. Perusa made the investment via Perusa Partners I.
CEE - CapMan Russia fund closes at EUR 118m
Capman has closed its latest fund, the Capman Russia fund, at EUR 118m, missing its EUR 150m target.
UK- Dunedin-backed WFEL secures £18m contract with US Dept of Defence
WFEL Limited, the defence engineering group backed by private equity house Dunedin, has secured an ТЃ18m contract with the US Department of Defense to supply it with military bridging systems.
FRANCE - Althera and Sopromec acquire Clairvoie
Althera Capital and Sopromec have acquired specialty food retailer Clairvoie in a secondary buyout, alongside the company's manager Bruno Madelaine.
FRANCE – NI Partners sells Lina's
NI Partners, part of Natixis Private Equity, has sold its portfolio company sandwich shop chain Lina's to Cogexco, a family holding specialised in the restaurant sector.
UK- Octopus Ventures further invests £900,000 in Phasor Solutions
Octupus Ventures has invested a further ТЃ900,000 in satellite communication company Phasor Solutions, as part of a ТЃ1.5m funding round.
ITALY - PE-backed Weather Investments to restructure debt
It is understood that telecom holding Weather Investments is looking to restructure a tranche of its debt.
GERMANY – 360° Capital Partners joins Invendo investment round
360° Capital Partners has backed Invendo Medical, a developer and distributor of novel disposable endoscopy products. The investment brings the recent financing round, co-lead by Wellington Partners and TVM Capital, to EUR 6.5m.
GERMANY – 3i-backed Labco acquires AescuLabor-Karlsruhe
3i-backed Labco has acquired AescuLabor-Karlsruhe, a medical diagnostics company based in Karlsruhe. In addition to a debt package provided by a bank syndicate, 3i supported the transaction with additional financing of up to EUR 65m.
GERMANY – Ripplewood and Lone Star circle BHF bank
According to press reports, Ripplewood and Lone Star are interested in acquiring private bank BHF, which has been put up for sale by private banking group Sal. Oppenheim.
UK - Candover calls it quits
Private equity firm Candover has suspended investment from its 2008 fund for up to six months to explore strategic options.
UK - Bidding war for stake in Royal Mail
Reports suggest that Deutsche Post, along with Dutch TNT and private equity firm CVC, are bidding for a stake in British state-owned postal company Royal Mail.
CEE – Syntaxis attracts EUR 50m from EBRD for fund
CEE mezzanine specialist Syntaxis Capital has attracted a commitment of up to EUR 50m from the European Bank for Reconstruction and Development (EBRD) for its second fund. Syntaxis Mezzanine Fund II L.P. is the successor fund to the GP's debut vehicle,...