News
GERMANY – HTGF and Seedfonds Bayern back Corrmoran
High-Tech Gründerfonds (HTGF) and Seedfonds Bayern have invested an undisclosed sum into Corrmoran GmbH, a developer of corrosion monitoring systems for large combustion plants.
SWEDEN - DN Capital invests EUR 4m into Tbricks
London-based venture capital firm DN Capital has, together with private investors, invested EUR 4m into Swedish automated trading software company, Tbricks.
UK - Stirling appoints head of finance
Stirling Square Capital Partners has appointed Chrstopher Black as head of finance.
UK - HSBC backs Amtech acquisition
HSBC Private Equity has financed portfolio software company Amtech Group's acquisition of TSI Luckins Ltd, a data services company.
UK - Capital Fund leads £490,000 investment into knomo
The Capital fund has invested ТЃ330,000 as part of a ТЃ490,000 funding round for accessories brand knomo.
UK - Epi-V invests £10m into Moorland Energy
Epi-V has invested ТЃ10m into Moorland Energy Ltd, a company that acquires licences to extract hydrocarbons from surveyed and partially delineated dicoveries.
GERMANY - PEPPERMINT leads EUR 3.9m JADO funding
PEPPERMINT Financial Partners has led a EUR 3.9m series-B funding round for biotechnology company JADO Technologies GmbH.
UK - Baird appoints Steve Holt
Baird has appointed Steve Holt as director in its institutional equity sales group in London.
SWEDEN - Ledstiernan defies market and delivers positive result
Swedish private equity company Ledstiernan presented a strong cash position and a positive result in its interim report for January-September 2008.
UK - YFM invests £250,000 into NNT
The YFM Group-managed Yorkshire and Humber Equity Fund has invested ТЃ250,000 into software company New Net Technologies (NNT).
GERMANY - SHS and KfW invest in c-LEcta GmbH
SHS Gesellschaft für Beteiligungsmanagement and KfW have invested an undisclosed sum into biotechnology company c-LEcta GmbH as part of a capital increase.
CEE – Horizon reaches final close on USD 390m
Horizon Capital has reached the final close for its newest fund, Emerging Europe Growth Fund II, LP (EEGF II) on $390m, significantly above its $300m target.
GLOBAL - BNY Mellon launches private equity fund admin service
The Bank of New York Mellon's Alternative Investment Service is launching a private equity servicing platform.
UK - Foresight hires investment director
Foresight Group has hired Sonia Powar as investment director.
EUROPE - American Capital to acquire European Capital for USD 158m
European Capital has entered into an implementation agreement with majority owner American Capital that will see the latter acquire the 32.3% of shares it does not currently own for a total consideration of around USD 158m.
UK - TowerBrook closes third fund
TowerBrook Capital Partners has held a final close of its third vehicle, TowerBrook Investors LP III, on USD 2.8bn.
EUROPE - LSP reaches first closing of LSP IV at EUR 75m
Life Science Partners has reached the first closing of their fourth fund, LSP IV, on EUR 75m - half way through its EUR 150m target.
FRANCE – Siparex backs Scierie Chauvin with EUR 1.1m
Siparex has invested EUR 1.1m into hardwood specialist Scierie Chauvin. The deal was carried out via Franche-Compte PME Gestion and Rhone-Alpes PME Gestion.
SWEDEN - Accent reaps 3x return from Annas exit
Accent Equity Partners has sold Annas Pepparkakor, a Swedish cookie producer, to Belgian strategic investor Lotus Bakeries for an undisclosed sum, reaping a 3x money multiple over the course of the investment.
SWEDEN - Koncentra and LinkMed inject
Existing backers Koncentra Holdings and LinkMed have invested SEK 57.5m (USD 7.3m) into drug developer AnaMar Medical AB.
UK - Lincoln hires Edward Lethbridge
Lincoln International has hired Edward Lethbridge as director specialising in business and support services M&A.
UK - NSEI leads £1.5m investment into Illumix
NorthStar Equity Investors (NSEI) has led a ТЃ1.5m funding round for software company Illumix Software Ltd, alongside Hotspur Capital, angels and the management team.
UK - Capital Fund invests in Rights Tracker
The Capital Fund has invested an undisclosed sum into Rights Tracker, a developer of intellectual propert rights maangement systems, alongside business angels.
EUROPE - KKR appoints head of infrastructure fund
It is understood that KKR has appointed JУЉsus Olmos, currently director of corporate development at energy company Endesa, as the new head of its European infrastructure, energy and transport fund.