News
GERMANY - High-Tech Gründerfonds invests in Microstim
High-Tech-Gründerfonds has invested EUR 500,000 in medical technology start-up company Microstim GmbH.
EUROPE - Dubai Int'l Cap replaces PE CEO
Dubai International Capital has appointed David Smoot as its new private equity chief executive, to be based in Dubai.
EUROPE - PEREP appoints three board members
Private equity data platform PEREP_Analytics has appointed Sergey Sheshuryak, Sophie Manigart and Peter Rosenhoom to its governing board.
DENMARK - Essex-backed Symphogen raise EUR 33m; merges with Receptor BioLogix
Essex Woodland Health Ventures, together with existing investors, has raised EUR 33m for portfolio biopharmaceuticals company Symphogen A/S and simultaneously merged the business with fellow portfolio company, Receptor BioLogix, in an all shares transaction....
EUROPE - Baugur to collapse
Baugur is set to go into administration after its main banker, Landsbanki, ended restructuring talks with the once-prolific Icelandic investor.
UK - Apax and GfK interested in Synovate
Apax Partners and German market research firm GfK are reported as being interested in Synovate, the market research arm of Aegis Group.
RUSSIA - PPF to acquire 51% stake of Eldorado
Czech Republic-based private equity firm PPF Group is said to be in the process of acquiring a 51% stake in Russian electronics retailer Eldorado.
UK - Accel further supports Cambridge Broadband
Return backers Accel Partners, Adara, Amadeus Capital Partners and TVM have invested $7.5m into Cambridge Broadband.
SPAIN - Bullnet backs Códice Software
Bullnet Capital has invested in software developer Códice Software.
SPAIN - Bridgepoint interested in Cintra
According to reports, Bridgepoint is among the interested bidders for Ferrovial's parking lot division Cintra valued at approximately EUR 500m.
GERMANY - Private equity-backed Märklin files for insolvency
Kingsbridge and Goldman Sachs-backed toys company Märklin has filed for insolvency.
GERMANY - CornerstoneCapital backs MBI of Integrata AG from Logica
CornerstoneCapital has, together with the buy-in managers Ingmar J Rath, Gerhard Wächter and Dr Andreas Dahmen, acquired software training business Integrata AG from Logica.
ITALY - Kingsbridge in talks over IT Holding
Market rumour suggests that private equity fund Kingsbridge is in talks with listed IT Holding, an Italy-based fashion group operating in the luxury goods market, over a EUR 100m investment in the debt-laden group.
GLOBAL - TPG sale talks collapse
US private equity house TPG Capital has, according to reports, broken off talks to sell a stake of the firm to investors.
UK - August-backed Enara completes dual acquisitions
August Equity-backed care home business Enara Group has completed the acquisition of Companions Care and Freshfold Homecare Ltd, two providers of home care services to the elderly .
FRANCE - Mayer Brown bolsters public law/PPP practice
International law firm Mayer Brown has appointed Anoly Saypharath as a new associate in its public law/PPP practice in Paris.
SWEDEN/BELGIUM - CVC abandons Posten merger; acquires De Post-La Poste stake
CVC has pulled out of the proposed merger between Danish postal system Post Danmark AB, in which it holds a 22% stake, and Swedish carrier Posten AB, and simultaneously acquired Post Danmark's stake in the Belgian postal service De Post - La Poste for...
NETHERLANDS - DSM Special Products sale to Arsenal falls through
The sale of chemicals business DSM Special Products BV to US-based Arsenal Capital Partners will not be completed due to provisions imposed by the European Commission. The deal was originally announced on 3 March 2008.
UK - EV further supports Acal Energy and Medalytix
Enterprise Ventures (EV) has provided further funding to portfolio companies Acal Energy, a fuel cell business, and medical screening business Medalytix.
GERMANY - Carlyle-backed Edscha files for insolvency
The Carlyle Group's portfolio company Edscha has filed for insolvency.
ITALY - Alto Partners completes capital increase in IDM for add-on acquisition
Alto Partners SGR has increased its investment in Italian service company Integra Document Management (IDM) through a capital increase, completing the acquisition of the entire capital of Anacomp Italia Srl.
SPAIN - GMT completes EUR 26.5m Redext refinancing
GMT Communications Partners has completed a EUR 26.5m refinancing of portfolio company Redext's senior debt facilities.
SPAIN - Latham & Watkins appoints new partner
UK-law firm Latham & Watkins has appointed Jordi Domínguez as partner in its Madrid fiscal practice.
UK - M2M Management launches $400m fund
Shipping investment group M2M Management has launched Global Maritime Assets (GMA), a $400m private equity fund focusing on the acquisition of shipping vessels.