News
FINLAND - Finnish Industry Investment appoints investment director
The Finnish government-owned investment company Finnish Industry Investments has promoted Anne Reikki to investment director.
UK - LDC backs £115m IBO of 1st – The Exchange
LDC has invested £42m towards the £115m buyout of financial services support specialist 1st - The Exchange.
GERMANY - Gebauer launches Ares Capital in Frankfurt
Former Dresdner Kleinwort executive Kai Gebauer has joined specialist debt fund Ares Capital Europe as head of its new Frankfurt office, with responsibility for establishing the firm's activities in the German speaking region, Benelux and CEE.
SWEDEN - Industrifonden and Eqvitec back eBuilder with SEK 40m
Industrifonden and Eqvitec Partners have invested SEK 40m into eBuilder, a developer of business process integration systems.
UK - Octopus invests £1.75m into Surrey NanoSystems
Venture firm Octopus Ventures has invested close to £2m into semiconductor business Surrey NanoSystems in return for a significant minority stake in the business. The financing was provided by the Octopus Titan 1, 2 and 3 VCTs, Eureka EIS, and the Octopus...
NORDIC - Roschier appoints new chairman
Law firm Roschier has appointed senior partner Axel Calissendorff as chairman of the firm, succeeding Thomas Lindholm, who will leave later this year.
GLOBAL - Carlyle appoints leveraged finance MD
International investment house Carlyle Group has today announced the appointment of Debra Pedersen as managing director in the firm's New York-based global leveraged finance team, focusing on investor relations and fundraising.
NETHERLANDS - Gilde leads $11m ProFibrix funding
Gilde Health Partners has led a $11m series-B financing round for biotechnology business ProFibrix BV, alongside existing investor Index Ventures.
GERMANY - IBB and Wellington invest in SMS Guru
IBB Beteiligungsgesellschaft and Wellington Partners have provided a second round of financing for text messaging services company SMS Guru GmbH.
FINLAND - Veraventure appoints senior adviser
Veraventure, a group comprising Finnish evergreen venture funds and a subsidiary of state-backed specialised financing company FinnVera, has appointed Mikko-Jussi Suonenlahti as senior adviser.
FRANCE - PAI loses two execs
French buyout giant PAI Partners has been shaken by the resignation of two senior executives, as chief executive Dominique Mégret and executive committee member Bertrand Meunier both step down.
EUROPE - KKR closes European annex fund
US-based buyout giant KKR has closed a EUR 400m annex fund to support additional equity investments for portfolio companies of its second European fund, which closed in 2005 on approximately EUR 4bn.
AUSTRIA - CVC circles Constantia Packaging
According to reports, CVC is interested in acquiring a 90% stake of Constantia Packaging from Constantia BV, with the price tag thought to be around EUR 510m.
EUROPE - Candover reports further NAV decline; Buffin steps down
Bealeagured buyout firm Candover today released its interim management statement, which reveals a further 12% decline in NAV and sweeping changes to the firm's management.
SWEDEN - Chalmers supports SEK 3.5m Smoltek funding
Swedish seed investor Chalmers Innovation has, alongside existing backers, backed nanotechnology business Smoltek with an investment of SEK 3.5m.
UK - Warburg may up Premier Foods stake to 18%
Warburg Pincus has been given consent to increase its stake in AIM-listed food manufacturer Premier Foods plc by 2%, bringing its shareholding in the company to almost 18%.
EUROPE - Gimv appoints new technology adviser
Belgian-based investor Gimv has appointed Richard Seibt, chairman of the Open Source Business Foundation, to its Technology Advisory Board.
GLOBAL - Advent appoints operating partner
Buyout house Advent International has hired Richard Baker as operating partner.
GERMANY - Advent and Marcol acquire Median
Advent International and Marcol have jointly acquired independent rehabilitation care provider Median for an undisclosed sum.
FRANCE - ENEX-backed Louise raises EUR 3m
ENEX Group-backed cosmetics business Louise Enterprises has raised a further EUR 3m in financing from a private investor.
DENMARK/US - SLS supports $8m AdvanDx funding
Returning backers SLS Ventures and Danish pension fund LD Pension have contributed $8m in the second part of a series-C funding round for biotechnology business AdvanDx.
GERMANY - HTGF, DuMont and Draper back Plista
New backers High-Tech Gründerfonds and DuMont Venture and existing investor Draper Investment Company have invested an undisclosed seven figure sum into internet business Plista, alongside business angel Peter Schüpbach provided.
GERMANY - Gimv backs $43m Ubidyne funding
Gimv has provided $10m as part of a $43m second round of financing for technology company Ubidyne, alongside historical backers Baytech, Doughty Hanson and TVM.
GERMANY - Silverfleet buys Montagu's Kalle for EUR 212.5m
Silverfleet Capital has acquired Kalle GmbH, a manufacturer of artificial sausage casings and sponge cloths, from Montagu Private Equity for a total consideration of EUR 212.5m.