News
Uk - Kennet appoints new director
Kennet Partners has hired Hillel Zidel as director.
GERMANY – Creathor Venture invests in Tellja
Creathor Venture has invested an undisclosed sum into online marketing portal Tellja GmbH.
SWEDEN - Creandum promotes Blomquist to principal
Swedish venture capital firm Creandum has promoted Daniel Blomquist from associate to principal.
UK - Alix hires new director
Restructuring firm Alix Partners has hired John Corr as director.
RUSSIA - Aurora backs OSG with $1m
Listed Russian private equity fund Aurora Russia has invested a further $1m into OSG Records Management, a supplier of document storage and data facilities, in the form of a convertible loan.
UK - Former 3i exec to launch new venture firm
Former 3i executive Laurence Garrett is reportedly launching a new venture capital firm, Ethean Capital.
UK – KCP supports £3.6m Sabotage BIMBO
Key Capital Partners has backed the buy-in management buyout of fashion business Sabotage Ltd, which trades as Fly53, in a deal valued at ТЃ3.6m.
UK – Braveheart invests £150,000 into Traak
Braveheart Investment Group has supported sensor technology business Traak Systems Ltd with aТЃ150,000 investment.
SPAIN - HgCapital builds solar presence
HgCapital's Renewable Power Partners Fund has purchased stakes in three Spanish solar photovoltaic (PV) plants from AIG Financial Products Corp and investment banking firm 360 Corporate. The deal represents an enterprise value of EUR 300m.
SWEDEN - Micron leads $8m funding round for Edgeware
Micron Technologies has a led an $8m series-B financing round for Edgeware, a supplier of server systems for on-demand TV, alongside existing investors Creandum Advisor and Amadeus Capital Partners.
GERMANY – Affentranger Associates invests in InflaRx
Affentranger Associates has invested an undisclosed sum into antibodies company InflaRx GmbH as part of a series-A funding round, alongside bm-t.
UK - Octopus invests £2m into e-Therapeutics
Octopus Ventures has supported AIM-listed drug discovery company e-Therapeutics Plc with a ТЃ2m investment.
SWITZERLAND - BV promotes Balmer
BV Holding AG has promoted entrepreneur Ernst Balmer to president of its administrative board.
UK - Guy Hands to step down as CEO of Terra Firma
Terra Firma chief Guy Hands is to give up his role as CEO.
UK - New debt advisory business: Versatus
Former bankers Michael Berry and Jacco Brouwer have launched Versatus, a new debt advisory business.
FRANCE - A Plus and 360 invest EUR 3m into YellowKorner
A Plus Finance has joined previous investor 360 Capital Partners in a EUR 3m funding round for YellowKorner, an art-photography retailer.
FRANCE - AXA PE, Partech and Orkos to exit B3G
AXA Private Equity, Partech International and Orkos Capital are set to sell telecommunications company B3G Telecom to Altice for an undisclosed sum.
ITALY - Arca reaps 1.9x returns from Mazzoni sale
Arca Impresa Gestioni has sold its stake in Mazzoni LB to holding Sagittario for an undisclosed sum, a deal that netted the investor a 17% IRR and a cash multiple of 1.9x.
FRANCE - Avenir and Oséo invest EUR 1.1m into Ecologistique
Avenir Entreprises, via its fund Avenir Entreprises Mezzanine, and Oséo have co-invested EUR 1.1m into eco-freindly chemical company Ecologistique.
FRANCE - Galaxis Capital supports Novomed
Galaxis Capital has purchased a stake in medical equipment company Novomed Group an undisclosed amount, alongside founders Hervé and Didier Libermann.
FRANCE - BNP PE et al. invest EUR 3.5m into Ion Beam
BNP Private Equity, Investis and Vizille Capital Innovation have invested EUR 3.5m into Ion Beam Services (IBS), an ion implantation products company.
DENMARK - Apax, Permira-backed TDC acquires Fullrate
Danish venture capital firm SEED Capital has sold broadband provider Fullrate to telecommunications company TDC A/S, which is owned by a private equity consortium including Apax Partners and Permira, for an undisclosed sum.
UK - Finance Wales supports £475,000 Agg Jones funding
Finance Wales has invested an undisclosed sum into recruitment company Agg Jones Search and Selection Ltd as part of a ТЃ475,000 funding round.
UK - Whitehead Mann opens turnaround and restructuring practice
Recruitment firm Whitehead Mann has launched a turnaround and restructuring practice to be headed up by Guy Beresford, partner in the firm's board unit.