News
ITALY - Advanced Capital launches real estate fund
Advanced Capital has received the green light from Bankitalia for the launch of its EUR 300m AC Real Estate fund, the first in Italy. The fund is reported to have a eight year life span and will seek an annual return rate of 15%.
FRANCE - Naxicap leads EUR 8m round in La Boucherie
Naxicap Partners has led a EUR 8m investment round in restaurateur La Boucherie alongside Perspectives et Participations Bred and BNP Paribas Développement. The Baudaire family and Christophe Mauxion will retain a majority stake in the company.
FINLAND - Sentica Partners merges DWT Engineering and Cavia
Sentica Partners has acquired DWT Engineering Oy, a supplier of sludge treatment technology, from Markku Sihvonen and Timo Kivimäki. The deal is an add-on acquisition to Cavia, Sentica’s portfolio company.
GERMANY – BayBG invests EUR 1m into TAKEO
BayBG has invested EUR 1m into Bavarian auto parts company TAKEO GmbH in the framework of a silent partnership.
GERMANY - Peter Baumgartner joins Vestar
Vestar Capital Partners has appointed Peter Baumgartner as managing director of Vestar Resources, which is based at the firms Munich office and provides advice and services to portfolio companies.
GERMANY - High-Tech Gründerfonds and Bayern Kapital back Lophius
High-Tech Gründerfonds and Bayern Kapital have made an investment of EUR 600,000 into biotechnology company Lophius Biosciences.
FRANCE - Bridgepoint Capital et al sell Pisto
Bridgepoint Capital, Banexi Capital Partenaires and BNP Paribas Développement have exited their investment in oil services company Pisto in a trade sale to Australian financial services giant Macquarie Group.
UK - Ferd leads EUR 15m Cloud investment
Ferd Ventures has invested EUR 7.5m as part of a EUR 15m funding round for wireless broadband provider The Cloud, with incumbent backers providing EUR 7.25m and corporate financier GP Bullhound investing EUR 300,000.
SPAIN - Talde looking to sell Oscainox
According to rumours, Grupo Talde has entered negotiations regarding the sale of industrial group Oscainox to a strategic player.
ITALY - Zenit appoints two
Zenit Sgr has appointed Alessandro Solina and Luca Mori as portfolio manager and equity manager respectively. Both jointhe firm from Capitalia Asset Management.
ITALY - BS Private Equity could sell Arena
Market rumour suggests that BS Private Equity could sell portfolio sportswear company Arena to German sector giant Adidas.
ITALY – MPS backs EUR 6m PharmEste funding
MPS Venture and Mitsubichi Tanabe Group, via its MPH Healthcare fund, have subscribed to a EUR 6m financing round for biotechnology firm PharmaEste, alongside existing investors Z-Cube and Quantica.
UK - DIC hires Eric Kump
Dubai International Capital has hired Eric Kump as managing director for its London office.
GLOBAL - Nextech Venture holds final close on USD 65m
Switzerland-based Nextech Venture has held a fourth and final close of its oncology-focused fund on USD 65m.
UK - Pentech backs USD 2m Metaforic funding
Pentech Ventures and the Scottish Co-Investment Fund have made an investment of USD 2m into Metaphoric Ltd, a provider of anti-tamper software solutions.
UK - FF&P invests in IKON
FF&P Private Equity, the private equity division of Fleming Family & Partners, has invested an undisclosed sum in IKO Science Ltd, a provider of software and quantitive interpretation services to the upstream oil and gas sector.
FRANCE - Innovacom leads EUR 3.5 Drimki funding
Innovacom has invested EUR 3.2m as part of a EUR 3.5m second round of financing for Drimki, with Ambient Sound Investments (ASI) providing the remaining EUR 300,000.
UK - Investec hires senior investment practitioners
Investec Private Bank has hired Jennifer Macintyre and Catherine Kirchmann as senior investment practitioners.
FRANCE – L Capital sells Micromanina for EUR 480m
L Capital has sold games retailer Micromanina to US-based GameStop in a deal worth around EUR 480m including the assumption of the debt. GameStop will use several existing credit lines, as well as a EUR 150m loan from Bank of America, to finance the deal....
GERMANY - EQT sells Pfaff-silberblau to Columbus McKinnon
EQT Opportunity has, together with the Pfaff family and management, signed an agreement to sell lifting and handling equipment producer Pfaff-silberblau Hebezeugfabrik GmbH to global sector specialist Columbus McKinnon Corporation.
AUSTRIA - EK Mittelstandsfinanzierungs acquires stake in ANGER
EK Mittelstandsfinanzierungs AG, which is owned by Bank Austria and UniCredit Group, has acquired a 49% stake in ANGER MACHINING GmbH from MBI Maschinenbau Investment GmbH and Invest Unternehmensbeteiligungs Aktiengesellschaft.
UK - NorthStar leads £1m Ethicalsuperstore funding
NorthStar Equity Investors (NSEI), through its Co-Investment Fund, has invested ТЃ550,000 as part of a ТЃ1m funding round for online retailer Ethicalsuperstore.com, with Rathbone Greenbank Investments providing ТЃ250,000 and business angels suppling the...
FRANCE - Barclays PE acquires Aerocan
Barclays Private Equity has acquired Aerocan, a manufacturer of aluminium cans and bottles, from N.I. Partners in a secondary buyout.
UK - Royal Society holds first close on £5m
The Royal Society, the national academy of science of the UK and the Commonwealth, has held a first close of its Enterprise Fund on ТЃ5m.