News
DENMARK - VIA supports mobilePeople with DKK 40m investment
Via Venture Partners has invested DKK 40m into mobile search company mobilePeople.
FRANCE - CAPE acquires Sepchat and Ludovic Le Gall
Crédit Agricole Private Equity (CAPE), through CACI 3, has completed the dual acquisition of recycling businesses Sepchat and Ludovic. The companies will be merged into a single entity, in which CAPE will hold a 60% stake.
GERMANY – Earlybird and Neuhaus invest EUR 4m into smava
Existing investor Earlybird and new backer Neuhaus Partners have invested EUR 4m investment into social lending marketplace smava GmbH in a second round of financing.
FRANCE - OSEO leads EUR 11.5m Crocus funding
OSEO has provided EUR 3m of an EUR 11.5m financing round for Crocus Technology, a developer of magnetic random access memory, with the balance being provided by existing investors AGF Private Equity, CDC Innovation, NanoDimension, Sofinnova and Ventech....
CEE - Horizon and IFC invest USD 15m into Evrotek
Horizon Capital, through Emerging Europe Growth Fund, and IFC have invested USD 15m into Ukrainian food retail chain Evrotek Group.
UK - Capital Fund leads £240,000 Essential Escapes investment
The Capital Fund has invested ТЃ200,000 as part of a ТЃ240,000 funding round for spa tour operator Essential Escapes, with existing shareholders providing the balance.
FRANCE - CAPE invests in Melkonian
Crédit Agricole Private Equity and Sofipaca have backed the buyout of Groupe Melkonian, a producer of mining materials, alongside the Melkonian family.
CEE – Linklaters becomes Kinstellar
Linklaters has announced that its CEE spin-off will operate under the name Kinstellar from 1 November 2008.
FRANCE - Alven Capital strengthen team
Alven Capital has hired Jérémy Uzan as investment manager.
FRANCE - AXA PE and CDC in partial exit of Saur
AXA Private Equity and Caisse des Dépôts (CDC) have sold a portion of their interest in Hime, the holding company of water services business the Saur Group, to CUBE Infrastructure.
CEE - DLA Piper opens in Bucharest
DLA Piper has announced that it will launch a new office in Bucharest in early November, to be managed by Marian
UK - NVM invests £7m to back buy-and-build of CloserStill
NVM Private Equity has invested ТЃ7m into CloserStill Holdings Ltd, a newly created platform company in the events and exhibitions industry.
UK - Matrix backs buyout of Metropress
Matrix Private Equity has backed the buyout of newspaper publisher Metropress Ltd.
NORWAY - Tandberg ends discussions with private equity firm
Norwegian video conferencing business Tandberg has announced that it has terminated negotiations with a potential private equity buyer.
FRANCE - Atlas and OTC make EUR 10m Inspirational investment
New investor Atlas Venture and returning backer OTC Asset Management have invested EUR 10m in a second round of funding for e-commerce specialist Inspirational Stores.
FRANCE - Argos acquires LEXSI
Argos Soditic has acquired a majority stake in security consultancy Laboratoire d’Expertise en Sécurité Informatique (LEXSI) as part of a management buyout transaction, with founder Jöel Rivière and the management retaining the balance of the equity....
UK - Sovereign hires assistant director
Sovereign Capital has hired Jon Edington as assistant director.
UK - Inflexion appoints investment director
Inflexion Private Equity has appointed Richard Swann as investment director.
CEE – Mid Europa increases its stake in Falcon Group
Mid Europa has increased its stake in telecommunication services company, Falcon Group, to 74.06%. The fund already acquired 36.76% in November 2006 and this deal has seen it acquire a further 37.3% from co-investor Lehman Brothers.
SWEDEN - Industrifonden hit by writedowns
Industrifonden reported a SEK -283m loss for the financial year 2007-2008, despite investment commitments of SEK 343m compared to SEK 351m last year when the fund earned of a profit of SEK 123m.
FRANCE - City Star becomes Clavel Investissement
City Star Private Equity, the company founded by Laurence Albertini and Jean-Louis Charon in 2004 has changed its name to Clavel Investissement.
UK - Alix appoints Dan Murphy
Alix Partners has appointed Dan Murphy as director in its performance improvement practice in London.
SWEDEN - Axcel takes 90% stake in John Bauer Organization
Axcel has acquired a 90% stake in Swedish education company John Bauer Organization AB (JBO) from founder Rune Tedfors. Tedfors will retain a minority stake.
PORTUGAL - Explorer closes Probos MBO
Explorer has completed the management buyout of packaging company Probos. The transaction was carried out via Explorer II fund.