News
SPAIN - Clave Mayor invests EUR 1m into Ikatz
Clave Mayor, via the Ronda Inovación fund, has taken a minority stake in photography specialist Ikatz in a deal valued at EUR 1m. The transaction encountered some delay because of Ikatz's acquisition of Fotosistema, and took about nine months to complete....
GERMANY - Caption invests in Fruitwork Group
Capiton has invested in fruit and nut trading company Fruitwork Group, as part of reallocating company shares and financing growth.
GERMANY - HTGF and Bayern Kapital invest in SurgicEye
High-Tech Gründerfonds and Bayern Kapital have invested in medical technology company SurgicEye GmbH.
FRANCE/GERMANY - Cognetas-backed Tokheim acquisition of Göhler
Cognetas Fund II has backed Tokheim's acquisition of Göhler Group with an equity injection of EUR 7.9m, and a further maximum commitment of EUR 7.9m over three years to meet earn-out requirements.
SPAIN - Highgrowth and BCN Emprèn merge
Venture capital firms Highgrowth and BCN Emprèn have merged. The combined entity will henseforth trade under the name bcnHighgrowth.
FRANCE - CAPE and CEA invest EUR 1.2m into EyeTechCare
Crédit Agricole Private Equity (CAPE) and CEA Valorisation have made an investment of EUR 1.2m into EyeTechCare, a specialist in medical devices, with each contributing half of the total.
UK - Pantheon bolsters secondaries team
Funds-of-funds investor Pantheon has appointed Francesco di Valmarana as principal in its London-based European secondaries team.
NETHERLANDS - IK exits Wehkamp
IK Investment Partners has sold Dutch online shopping site Wehkamp to a group of private investors for an undisclosed sum.
CEE - Bancroft completes Frost acquisition
Bancroft Private Equity has acquired a 94.36% stake in Slovakia-based ice cream producer Frost.
NORWAY - Norvestor acquires Intelecom for NOK 173m
Norvestor has obtained acceptance from shareholders representing 97.3% of the share capital of communications company Intelecom Group ASA for its NOK 6 a share takeover offer, which values the business at NOK 173m, and has initiated a compulsory squeeze-out....
CEE - Mid Europa Partners increases stake in Falcon Group
Mid Europa Partners has completed the acquisition of an additional stake in Falcon Group from Lehman Brothers, taking its ownership in the business to 74.6%.
ITALY - Alpha appoints new associate
Independent private equity house Gruppo Alpha has appointed Marco Bernardi as associate to its Italian buyout and development capital team.
GLOBAL - PIP to raise £49.5m from issue of loan notes
Quoted private equity fund-of-funds Pantheon International Participations Plc (PIP), which is managed by Pantheon Ventures Ltd, has announced that it has entered into an agreement with institutional investors to raise up to ТЃ49.5m through the issue of...
UK - Sovereign-backed Renovo makes second acquisition
Maintenance services provider Renovo Services Group, which is owned by UK buy-and-build specialist Sovereign Capital, has completed its second add-on acquisition with the purchase of Quadron Property Services Ltd, a provider of building fabric maintenance...
UK/US - Accel raises more than $1bn
Global venture capital firm Accel Partners has closed two news funds, Accel London III and Accel Growth Fund, on $480m and $525m respectively.
SWEDEN - Ledstiernan appoints new CEO
Swedish private equity firm Ledstiernan has promoted CFO Fredrik Lindgren to CEO.
UK - Close Growth Capital moves
Close Growth Capital has moved to Baker Street.
UK - ECI closes ninth fund on £430m
UK mid-market buyout house ECI Partners has held a first and final close of its ninth fund, ECI 9, on ТЃ430m just three months after its launch.
SWEDEN - EQT abandons Q-Med bid
EQT has announced that it is abandoning its SEK 3.9bn takeover offer for Swedish biotechnology firm Q-Med.