News
CZECH – Royalton acquires ACTIV
Royalton Partners has acquired a 67.5% stake in Czech parking operator ACTIV AS.
UK - LCA-backed Living Villages enters administration
Living Villages Holdings Limited, a construction company specialising in low carbon properties backed by Low Carbon Accelerator (LCA), is being put into adminsitration.
CZECH - Benson acquires BTV
Benson Oak Capital has acquired automotive plastics parts producer BTV Plast.
UK - Permira sends capital call for NDS acquisition
Permira has sent out capital call letters to investors in order to raise $917.8m for its proposed take-private of Nasdaq-listed UK security business NDS, reports suggest.
GERMANY - S-Refit sells DRONCO stake
S-Refit AG has sold its stake in abrasives company DRONCO AG to the wife of the firm's majority shareholder and CEO for an undisclosed sum.
SPAIN - Thesan to acquire Aurgi
According to reports, Thesan Capital is poised to acquire auto repair shop Aurgi from AC Desarrollo for a cash consideration of EUR 4.7m plus the stocks held in the 26 of the 29 stores they intend on purchasing, which could amount to an additional EUR...
UK - EV reaps 142% IRR from H2O exit
North of England-focused investor group Enterprise Ventures (EV) has wholly exited its stake in fibre optics business H2O Networks in a management buy-back, achieving returns of 3.6x cost and an IRR of 142% over the course of the investment.
FRANCE - Abénext boosts team
Abénext Capital has recruited Emmanuel Herbinet as a director.
SPAIN - Allegiance opens Madrid office and appoints partners
Dallas-based Allegiance Capital, a full-service investment banking firm, is opening of an office in Madrid.
SWITZERLAND - Cross acquires Schwab Verkehrstechnik AG
Cross has acquired rolling stock technology company Schwab Verkehrstechnik AG from Schwab Holding AG for an undisclosed sum.
UK - Asset based lending to increase
According to new research conducted by the Asset Based Finance Association (ABFA), asset based lending is increasingly being used as a means to raise funds and capital by businesses starved of bank financing.
ITALY - Linklaters appoints three
Law firm Linklaters has appointed three new associates to its Italian practice.
UK - Dow Schofield Watts holds first close of maiden fund
Dow Schofield Watts has held a first close of its inaugural fund, PHD Equity Partners No. 1 LP, on ТЃ4.68m.
UK - Delphic acquires iQur
Delphic Ltd, a provider of specialist diagnostics for HIV backed by MMC Ventures, The Capital Fund and Ulive Enterprise, has acquired the diagnostics business of biotechnology company iQur.
GERMANY - Alster Equity Partners and WMS back GEMAC MBO
Alster Equity Partners GmbH (AEP), alongside Wachstumsfonds Mittelstand Sachsen (WMS) and company management, acquired micro electronics company GEMAC Gesellschaft für Mikroelektronikanwendung Chemnitz mbH (GEMAC).
FRANCE - Argos invests EUR 1m into Buffet Crampon
Argos Soditic has invested EUR 1m into portfolio company Buffet Crampon to finance the development of a new line of 20,000 clarinets per year.
UK - CDC commits USD 40m to Asian SMEs
CDC Group Plc will make new commitments of USD 40m in total to two private equity funds which focus on investments in SMEs in south-east and central Asia.
FINLAND - Bridgepoint launches EUR 162m offer for Terveystalo
Bridgepoint has launched a cash offer for listed Finnish healthcare provider Terveystalo Healthcare Oyj valuing the company at EUR 162m.