News
EUROPE - BPE spin-off – still no firm agreement
Following speculation since before Christmas, unquote" can confirm that Barclays Private Equity is indeed inching closer towards independence. Though the firm is "sounding out views of its investors", there is as yet still no agreement in place, according...
NETHERLANDS - H2 Equity Partners interested in Golden Tulip
According to reports, Dutch private equity firm H2 Equity Partners would be among those interested in acquiring struggling hotel chain Golden Tulip.
UK- MBO in the cards for Robert Dyas
Reports suggest that hardware retailer Robert Dyas is in talks with its main backer Lloyds TSB over a potential management buyout.
GLOBAL - Kamil Salame joins CVC Capital
International private equity firm CVC Capital Partners has appointed Kamil Salame as partner and US head of its financial institutions group.
Europe/US - Peter Schweinfurth launches Gulf + Eastern Advisors firm
Private equity professional Peter Schweinfurth has formed private merchant advisory firm Gulf + Eastern Advisors.
UK- Longbow Capital launches venture fund for Sipp investors
Healthcare venture specialist Longbow Capital has launched a venture fund designed for self-invested personal pension (Sipp) holders.
GERMANY – S-UBG backs MBO of Jouhsen-bündgens
S-UBG AG has alongside management increased its stake in portfolio company Jouhsen-bündgens Maschinenbau GmbH to 100%, acquiring outstanding shares from the company's founder.
GERMANY – IPIC acquires 70% of MAN Ferrostaal
The International Petroleum Investment Company of Abu Dhabi (IPIC) has acquired 70% of the shares of MAN Ferrostaal AG from MAN AG, which retains a 30% stake. MAN Ferrostaal will continue as an independent company.
UK- RCapital buys distressed Morses Club
Private investment boutique RCapital has acquired home collected credit provider Morses Club from Ernst & Young's administrators of London Scottish Finance Limited for an undisclosed sum.
EUROPE - Private equity and SWFs circle GM Europe
According to reports, sovereign wealth funds and private equity firms are showing an interest to acquire a stake in the European business of US carmaker General Motors.
EUROPE - Charterhouse closes ninth fund on EUR 4bn
Private equity firm Charterhouse has closed its latest buyout fund, Charterhouse Capital Partners IX, on EUR 4bn - EUR 2bn short of its target.
GERMANY – BayBG backs EUR 1m jCOM1 investment
BayBG and KfW banking group have jointly invested EUR 1m into software developer jCOM1 AG in the framework of a silent partnership.
UK - LCA provides £500,000 follow-on funding to Proven Energy
Low Carbon Accelerator (LCA), managed by Low Carbon Investors, has invested a further ТЃ500,000 into wind turbine manufacturer Proven Energy Ltd, increasing its equity holding in the business to 49.8%.
SPAIN - Kennet leads EUR 14.9m BuyVIP funding
Kennet Partners has led a EUR 14.9m financing round for online retailer BuyVIP, alongside existing investors Bertelsmann Digital Media Investments (BDMI), 3i Group and Active Capital Partners.
FINLAND - CapMan Life Science head resigns
Jan Lundahl, senior partner at CapMan, has stepped down as head of CapMan Life Science and left the buyout firm's management group. He will be replaced by Johan Bennarsten who is currently deputy head of the division.
UK - Candover-backed Wood Mackenzie on the block
Reports suggest that Candover has mandated Goldman Sachs to find a buyer for energy consultancy company Wood Mackenzie, with the price tag thought to be around ТЃ650m.
GERMANY - Lemper leaves Aurelia Private Equity
Stefan Lemper, a partner at venture firm Aurelia Private Equity, has left the firm to join 3D chat world messengers club cooee GmbH as CEO.
FRANCE - Sofinnova leads EUR 4m investment into Neosens
Sofinnova Partners has led a EUR 4m investment into technology company Neosens, alongside Belgian investor Capricorn Ventures, GALIA Gestion, ICSO Private Equity and IRDI.
GERMANY - Pamplona backs all-equity buyout of automotive supplier
Pamplona Capital Management has, alongside the senior management team of the business, acquired automotive supplier TMD Friction from insolvency in an all-equity transaction.
GERMANY - T-Online Venture Fund invests in sones
T-Online Venture Fund has invested a single digit million euro sum into software company sones GmbH in a second round of financing.
SPAIN - SJBerwin bolsters corporate practice
UK-headquartered law firm SJBerwin has appointed Marlen Estevez to its Madrid-based corporate team.
BELGIUM - Gimv strengthens tech team
Gimv has appointed Marc Van Sande to the Advisory Board of Gimv Technology.
UK - BPE to buy Kaboose's UK operations in £54m deal
Barclays Private Equity has agreed to acquire Canadian family-focused online media company Kaboose's UK business, Bounty Group Ltd, in a deal valued at ТЃ54m.
UK/US - GTCR- backed Boomerang buys Entertainment Rights
Boomerang Media, a media solutions company backed by chicago-based private equity firm GTCR, has acquired the US and UK operations of Entertainment Rights, the company that owns the licensing rights to children characters such as Postman Pat and George...