News
GERMANY – Milbank elects two partners
Milbank, Tweed, Hadley & McCloy LLP has elected two partners in Germany: Dr Martin Erhardt, based in Munich, and Peter Memminger, based in Frankfurt.
DACH - AVIDA re-brands as Triginta
AVIDA Group has re-branded as Triginta Capital.
UK - Climate Change appoints Shaun Mays
Climate Change Capital has appointed Shaun Mays from Deutsche Asset Management (DAM) as chief investment officer.
GERMANY - S-UBG invests in MagnaMedics
S-UBG has invested an undisclosed sum into nanotech company MagnaMedics GmbH, taking around a 17% stake in the business. Co-investors The BioScience Ventures Group AG and Limburg Ventures BV also particpated in the financing.
GERMANY - HAARMANN expands tax law team
HAARMANN has recruited André Suttorp as partner for the tax law team.
UK - Accel and Index lead USD 14m Playfish funding
Accel Partners and Index Ventures have led a USD 17m series-B round of funding for Playfish, a developer and publisher of games for social networks.
GERMANY - T-Online Venture and EFF invest EUR 7m into Netviewer
T-Online Venture Fund and the European Founders Fund have completed an investment of EUR 7m into internet company Netviewer AG.
FRANCE - CDC Entreprises invests EUR 4m into Groupe Cap'Cinéma
CDC Entreprises, through its funds Patrimoine & Création and Fonds de co-investissement, has invested EUR 4m into Ciné Invest, the holding company of cinema operator Groupe Cap’Cinéma.
UK - Graphite completes £53m Willowbrook acquisition
Graphite Capital, through Graphite Captial Partners VII, has acquired care home group Willowbrook Healthcare in a ТЃ53m deal.
DACH - Zurmont Madison strengthens team
Zurmont Madison Management AG has further expanded its investment team with the appointment of Daniel Anliker, who joins as investment director.
UK - Octopus backs student entrepreneurial society
Octopus Ventures has announced a partnership with Oxford Entrepreneurs (OE), an Oxford University society designed to enable student entrepreneurs in the UK and abroad.
UK - Capital Dynamics wins USD 150m pension mandate
Capital Dynamics has won a USD 150m discretionary mandate from the West Midlands Pension Fund.
FRANCE - 3i sells Transports Alloin
3i, alongside the management team, has wholly exited its stake in Transports Alloin to Swiss sector player Kühne + Nagel.
FRANCE - Duke Street acquires Biomnis for EUR 217m
Duke Street has acquired French medical analysis specialist Biomnis in a deal valued at EUR 217m.
SPAIN - SGECR invests EUR 465,000 into Tagzania
The venture capital arm of the Basque Country government, SGECR, has invested EUR 465,000 into software company Tagzania Servicis.
FRANCE – AXA postpones sale of Skyrock.com
Reports suggest that AXA Private Equity's proposed sale of the Skyrock.com blogging platform could be postponed as there have been no offers of interest.
UK - Terra Firma-backed Infinis sets out £1.2bn growth plans
Reports suggest that Terra Firma-backed renewable energy specialist Infinis has set in motion a ТЃ1.2bn plan designed to build it into one of the largest wind-energy producers in the UK.
UK - Kirkland & Ellis strengthens restructuring team
Kirkland & Ellis International has hired Jason Salman, Mark Knight and Paul Atherton to its European Restructuring Group.
SPAIN - MCH-backed Mabyc-Ibersegur acquires Alfia
MCH- and Suma-backed parking services company Mabyc-Ibersegur has acquired UK competitor Alfia Ltd from US parent Stanley Works.
ITALY - Vertis reaches first closing on EUR 40m
Vertis Sgr has reached the first closing of its new vehicle, Vertis Capital, on EUR 40m.
ITALY - Argos Soditic replaces heas of operations
Argos Soditic Italia has announced the departure of its head of operations Matteo Carlotti, with parners Jean-Pierre Di Benedetto and Mirco Dilda taking on his responsibilities as joint managing directors.
CEE - Accession Mezzanine supports EUR 14.6m EIG investment
Accession Mezzanine, through Accession Mezzanine Capital II, has provided an undisclosed sum of mezzanine financing to support industrial holding Eurohold Bulgaria's EUR 14.6m investment into Euroins Insurance Group (EIG).
FRANCE - Pechel III holds final close on EUR 165m
Pechel Industries Partenaires has held its final close of its new fund, Pechel Industries III, on EUR 165m; ahead of its EUR 150m target but within the hard-cap of EUR 180m.
UK - Silverfleet hires Johannes Huttunen
Silverfleet Capital has hired Johannes Huttunen as executive within its investment team.