News
PORTUGAL - Explorer acquires Companhia das Sandes
Explorer Investments has acquired fast food business Grupo Companhia das Sandes from the founder Pedro Luz.
GERMANY - BayernLB Private Equity backs MBO of RSA
BayernLB Private Equity has backed the management buyout of industrial machinery company RSA Entgrat- u Trenn-Systeme GmbH & Co KG.
SWEDEN - Ledstiernan-backed Metrima sells Home Solutions
Ledstiernan-backed Metrima, a developer of products and systems for multi-type measurement of energy, has sold its subsidiary Home Solutions in order to streamline its operations.
GERMANY - bm-t backs DJTUNES
bm-t beteiligungsmanagement thüringen GmbH, alongside business angel Professor Dr Karlheinz Brandenburg, has backed music portal DJTUNES.COM with an undsiclosed investment.
SWEDEN - 3i divests stake in Boxer
3i has sold its 30% stake in Nordic digital television company Boxer TV-Access AB to majority stakeholder Teracom, the Swedish government-owned media operator, for an undisclosed sum.
EUROPE - Antin Infrastructure Partners launch announced
Antin Infrastructure Partners, a new fund management business focusing on the infrastructure space and affiliate of BNP Paribas Asset Management, announced its launch this morning at a briefing in London.
UK/GERMANY - Latham & Watkins elects 30 new partners
Latham & Watkins has elected 28 associates and two counsels to partnership, effective 1 January 2009.
ITALY - Cape acquires Trafomec
Cimino & Associati Private Equity (Cape) has acquired industrial manufacturer Trafomec in a buyout deal valued at around EUR 11m.
FRANCE - Seventure and INRA join forces
French venture capital firm Seventure Partners has formed a partnership with INRA, the technology transfer arm of the French National Institute for Agronomic Research, in order to create Agro Biotech Accelerateur (ABA), a new company designed to finance...
BELGIUM - KBC et al sell Oleon
KBC Private Equity, Fortis Private Equity, Ackermans & van Haaren, Mercator Verzekeringen and Jan De Clerck, have sold 100% of the shares in chemicals business Oleon to Sofiproteol, a French company active in the production and transformation of vegetable...
UK - RJD refinances IPES
RJD Partners has completed a refinancing of IPES Holding Ltd, a provider of outsourced fund administration services.
UK - Close Brothers appoints director
Close Brothers has hired Luke MacKenzie to its European restructuring and debt advisory group.
FINLAND/US - Nexit Ventures holds second close on EUR 75m
Nexit Ventures has held a second close of Nexit Infocom II on EUR 75m, expecting a final close early 2009.
UK - Lightspeed invests $1m into Casual Collective
Lightspeed Venture Partners has completed a $1m seed investment into social gaming site Casual Collective.
UK - SVG attempts to scale back payments
SVG Capital has been reported as talking to Permira, of which it is the largest single investor, regarding a scaling back of future payments.
FRANCE - 21 Centrale backs Biopack bolt-on
21 Centrale Partners has backed the add-on acquisition of packaging specialist Biopack by its portfolio company Nord-Est Ileos.
UK - Brown Rudnick appoints Richard Penfold
Brown Rudnick has appointed Richard Penfold to its corporate group in London.
SPAIN/CEE - Taiga launches EUR 50m renewables fund
Taiga Mistral has launched its second fund, targeting EUR 50m, for investments in the in renewable energy sector in Eastern Europe.
PORTUGAL - Magnum et al acquires Enersis for EUR 1.2bn
A consortium led by Magnum Capital has acquired a 90% stake in renewable energy utility Enersis from Australian infrastructure investor Babcock & Brown, in a deal valued at EUR 1.2bn.
UK - Dale and Madden leave Hotbed
Bernard Dale and Claire Madden have left investor syndicate Hotbed.
UK - Thule and Blue Run make £1.5m Muzicall investment
Thule Investments, through Bru II Venure Capital Fund Sicar, and Blue Run Ventures have participated in a ТЃ1.5m funding round for ringback tone service provider Muzicall.
SWEDEN - EQT closes infrastructure fund on EUR 1.2bn
EQT has closed its first infrastructure fund on EUR 1.2bn, exceeding its target of SEK 1bn.
IRELAND - Thule leads £1m Datactics funding
Thule Investments has led a ТЃ1m funding round for data quality company Datactics, alongside Clarendon Fund Managers.
SWEDEN - Investor Growth Capital injects SEK 50m into PocketMobile
Investor Growth Capital has invested SEK 50m into mobile software developer PocketMobile.