News
UK/ITALY - Candover writes off Ferretti investment
Candover is opting out of the restructuring of portfolio company Ferretti, an Italian yacht manufacturer, completely writing off its investment in the business.
UK - Palamon appoints vice president
Mid-market private equity firm Palamon Capital Partners has hired Ricardo Caupers as vice president in its London office.
GERMANY - Holtzbrinck Ventures funds Stylight
German corporate venture firm Holtzbrinck Ventures has invested an undisclosed value in fashion search engine Stylight GmbH.
FRANCE - Returning investors Banexi et al back Cleor with EUR 2.5m
Existing investors Banexi Capital Partners, BNP Paribas and Capzanine has completed EUR 2.5m round of financing for Cleor Boucle, a jewellery distributor.
SWITZERLAND - UBS appoints group CEO
UBS has appointed Oswald J Grübel as its new group CEO, succeeding Marcel Rohner, who has resigned.
FINLAND - EQT proposes EUR 100m Sanitec equity injection
Swedish buyout house EQT is reportedly in talks with the lenders on its investment in Finnish bathroom products provider Sanitec regarding a restructuring of the company's EUR 1bn debt, with the investor thought to have offered to invest EUR 100m in additional...
FINLAND - Amanda Capital appoints CEO
Former CEO of East Capital, Martin Paasi, has joined Finnish buyout house Amanda Capital as CEO.
EUROPE - Commission holds hearing on PE regulation
The EU Commission is today in Brussels holding its hearing into private equity regulation and conduct in Europe, in what should be a significant step towards a conclusion of the long running political debate. Prior to the conference, an industry "task...
UK - August-backed Enara makes further acquisiton
Enara Group, a home care provider backed by August Equity, has acquired fellow home care provider County Care Ltd and five of the six businesses of The Home Service group.
SPAIN - Ibersuizas and Realza acquire Hofmann
Spanish private equity firms Ibersuizas and Realza Capital have acquired an 80% stake in photo album specialist Hofmann, with the balance being retained by the founding family and company head Vicente Fernandez.
UK - Horizon et al. invest $13.5m into Imagini
Horizon Ventures, NorthZone Ventures and Atomico have invested $13.5m into publishing support company Imagini in a second round of funding.
SWITZERLAND - Alven Capital invests EUR 1m into eboutic
French investor Alven Capital has made an investment of around EUR 1m (CHF 1.5m) into Internet shopping club eboutic SA.
UK - CVC appoints senior adviser
CVC Capital Partners has appointed Sir Julian Horn-Smith as senior adviser in London.
UK - Vantis hires new client partner
Vantis Restructuring and Debt Advisory Services has hired Richard Ramsey as client services partner, based in London.
UK - Foresight invests £3.75m to support Diagnos BIMBO
Foresight has supported the BIMBO of software company Diagnos Ltd with an equity investment of close to ТЃ4m.
GLOBAL - Lehman sells venture capital arm
Lehman Brothers has fully divested its US-based venture capital arm Lehman Brothers Venture Partners through a sale to the current management team, backed by HarbourVest Partners.
SWEDEN - Hannes Snellman appoints dispute resolution expert
Law firm Hannes Snellman has recruited Magnus Eriksson as specialist partner in its conflict management practice in Stockholm.
SWEDEN - Uminova Invest backs Avtre
Swedish venture capital firm Uminova Invest has invested an undisclosed sum into software business Avtre AB.
GERMANY - Leonardo Venture increases stake in two portfolio companies
Leonardo Venture has increased its stakes in portfolio companies ISIS sentronics GmbH and MedicalCommunications Soft- und Hardware GmbH, for a combined value of nearly EUR 2m.
FRANCE - Qualcomm provides further EUR 4m for Inside Contactless
Qualcomm Ventures has invested a further EUR 4m into semiconductor company Inside Contactless, bringing the third round of investment to a total of nearly EUR 32m.
Uk - Hotbed appoints new head of business development
Investor syndicate Hotbed has appointed Steve Howard as head of business development.
UK - Clarus et al invest £21m into Heptares
Clarus Ventures, MVM Life Science Partners and Novartis Option Fund have invested ТЃ21m in a first round of funding for drug discovery company Heptares Therapeutics Ltd.
FRANCE - ICSO PE backs Leyio with EUR 1.5m
ICSO Private Equity and IRDI have provided Leyio with EUR 1.5m in a first round of financing.
GLOBAL - GIC and Future Fund acquire 7.7% of Apax
Apax Partners has sold nearly 8% of it its management company and future carried interest to GIC Special Investments and Future Funds, two Asian-Pacific investors.