News
UK - Lyceum appoints four executives
Lyceum Capital has appointed Simon Hitchock, Duncan Green, Humphrey Baker and Ian Williams to its investment team.
DENMARK - Vækstfonden invests DKK 10m into Smartshare Systems
Danish venture capital firm Vækstfonden has made an investment of DKK 10m into IT company Smartshare Systems.
SWEDEN - Valedo acquires menswear company
Valedo has acquired Oscar Jacobsen, a Swedish menswear chain, from the Bengtsson family for an undisclosed sum.
UK – Sun Capital-backed SSG acquires French arm of G4S
According to reports, Security Services Group, which is backed by US investor group Sun Capital Partners, has acquired the French arm of security firm G4S in a deal thought to be worth ТЃ50m.
FRANCE - CDC leads EUR 6m Quotatis funding
CDC Enterprises has invested EUR 4m as part of a EUR 6m funding round for Quotatis, a provider of pay-as-you-go business leads to reputable trademen, with the remainder being provided by existing investor Banexi Ventures.
CIS – Aureos invests USD 10m into Leasing Group
Aureos Central Asia Fund has invested USD 10m into Kazakhstan-based Leasing Group, taking a majority stake in the business.
SWITZERLAND – Vinci Capital invests CHF 6m into Omnisens
Vinci Capital has invested CHF 6m into Omnisens SA, a developer of long-distance distributed fiber-optic sensing.
FRANCE – AtriA backs EUR 65m AltéAd MBO
AtriA Capital Partenaires has backed the EUR 65m management buyout of heavy industry support services company AltéAd, alongside historic investors IPO, Ouest Croissance and Synergie Finance. The company managers, Jean-François Torres and Jean-Baptiste...
GERMANY - Joachim Schmarbeck to leave Wölbern
Joachim Schmarbeck will leave Wölbern Invest AG on 31 December 2008 to pursue new opportunities.
GERMANY - Odewald & Compagnie sells Zehnacker Group
Odewald & Compagnie has fully exited its stake in facility management company Zehnacker Group in a trade sale to listed French company Sodexo.
ITALY - Clessidra acquires MPS asset management subsidiaries
According to reports, Clessidra Sgr has acquired a controlling interest in the asset management subsidiaries of Italian bank Monte dei Paschi di Siena (MPS).
GERMANY - NORD Holding backs MBO of IGEL
NORD Holding Unternehmensbeteiligungsgesellschaft mbH has taken a majority stake in thin clients company IGEL Technology GmbH as part of a management buyout from parent company the Melchers Group. Melchers Group and managing partner Heiko Gloge will together...
SWEDEN - KTH and STING invest in fuel cell company
KTH Chalmers Capital and STING Capital have invested in fuel cell company myFC AB as part of a SEK 22m funding round, alongside the Sixth Swedish Pension Fund and business angels.
SWEDEN - STING invests in technology companies
STING Capital has invested a total of SEK 5m into three technology companies; Oculus AI, Predect and Zebor Technologies.
EUROPE - 3i reports 40% drop in new investments
3i Plc has announced a year-on-year drop of almost 40% in new investments for the five months to 31st August, which fell to ТЃ622m in 2008 compared to more than ТЃ1bn for the same period in 2007.
UK - LCI appoints new executive director
Low Carbon Investors (LCI), the investment management company for Low Carbon Accelerator, has appointed Andrew Affleck, co-founder and managing partner of Devonshire Capital, as executive director.
EUROPE - Permira hires new senior adviser
Permira has hired David Williams as a senior adviser in the industrial and product services sector.
FRANCE – Atos Origin rejects Candover offer
IT services provider Atos Origin has rejected a EUR 1.6bn takeover approach by Candover for its Atos Worldwide unit, which specialises in electronic payment systems.
EUROPE - Kleinwort Benson appoints new head of alternative assets team
Kleinwort Benson has appointed Alexandre Pigault as new head of alternative assets research.
GERMANY - Mantra invests in Arques
French investment firm Mantra is in the process of completing a deal to increase its stake in listed industrial holding Arques Industries.
EUROPE - Private equity attracted to logistics
According to a new study by PricewaterhouseCoopers, private equity buyers are increasingly targeting investments in the transport distribution and logistics sectors.
SPAIN – N+1 to sell Atecsa
Market rumour suggests that Dinamia, a listed investment vehicle controlled by N+1, is considering a sale of its car inspection services portfolio company ITV Atecsa for a purchase price of between EUR 60m and EUR 90m.
GERMANY – Terra Firma settles legal case
Terra Firma, along with a fund managed by Deutsche Bank, have abandoned their attempts to block Swiss bank UBS from selling debt held in Germany’s Tank & Rast service station following a high court settlement.
ITALY – MPS and Arca Impresa acquire Cadey
MPS Venture SGR Spa and Arca Impresa Gestioni SGR have acquired cosmetics manufacturer Cadey in a management buy-in for an undisclosed sum.