News
SPAIN - Livingstone Partners appoints new partner
Livingstone Partners has appointed Bill McDonald as partner.
SPAIN - Diana Capital reaps 3.1x from Indal sale
Diana Capital has sold its stake in lighting manufacturer Indal to Caja Duero for EUR 25m, reaping a 3.1x money multiple and a 25% IRR.
UK - Bridges hires CFO
Bridges Ventures has hired Rory Maw as chief financial officer.
UK - Aberdeen executives create Spirit Capital
The senior executives of Aberdeen Asset Managers Private Equity, a subsidiary of Aberdeen Asset Management Plc, have completed a buyout of the business and re-branded as Spirit Capital Partners LLP.
SPAIN - Carlyle interested in Riofisa
According to reports, Carlyle is among several groups that have shown an interest in acquiring property developer Riofisa, one of the assets placed on sale by troubled Spanish real estate asset manager Colonial.
UK - BDO hires McDaid
BDO Stoy Hayward has hired Neil McDaid as a debt advisory director within its corporate finance team.
SPAIN - Ysios reaches first closing on EUR 67m
Ysios Capital Partners has reached the first closing of its maiden fund, Ysios BioFund I, on EUR 67m, making it the largest biotech fund currently operating in the Spanish market.
UK - Carbon Trust and Catapult invest £2m 4energy
Carbon Trust Investments and Catapult Venture Managers have invested ТЃ1m each in 4energy, a developer of cooling products and systems for electronic equipment.
GERMANY - Wellington Partners leads EUR 8m Qype funding
Wellington Partners has led an EUR 8m Series-B funding round for Qype, an operator of online city guides, alongside existng backers Advent Venture Partners and Partech International.
UK - Enterprise Equity invests EUR 1.7m into Kelsius
Enterprise Equity has completed a EUR 1.7m investment into Kelsius, a provider of remote temperature monitoring solutions.
UK - RJD-backed Comtec makes third acquisition
RJD Partners-backed Comtec Group Ltd has acquired Pro EQ Ltd, a developer of iSys CRM software.
UK - Lyceum buys Carewatch for £37m
Lyceum Capital has agreed to acquire social health care provider Carewatch Care Services from its current owner Nestor Healthcare Group Plc in a ТЃ37m deal.
UK - ARCIS closes ESD Fund IV on EUR 354m
ARCIS Group has held the final closing of ESD Fund IV on EUR 354m.
ITALY - Equilybra reaches first closing on EUR 26m
Equilybra Capital Partners has announced the first closing of its maiden fund on EUR 26m. The vehicle expects to reach EUR 60m in commitments over the next few months.
ITALY - Cape and Helio launch EUR 70m renewables fund
Cape Natixis and Helio Partners have launched Cape Helio, a EUR 70m vehicle designed to invest in solar energy plants in Italy.
UK - Bank of Scotland supports £800,000 GEO investment
Bank of Scotland Corporate's growth capital team has invested ТЃ250,000 in energy efficient monitor developers Green Energy Options (GEO) as part of an ТЃ800,000 funding round.
RUSSIA - Deutsche Bank acquires stake in UFG
Deutsche Bank's asset management division has taken a stake in Russia-based UFG Asset Management as part of a new strategic partnership between the two businesses.
GLOBAL - HIG appoints former Apax exec
HIG Capital has appointed Tim Armstrong as managing director.
FRANCE - Seventure leads EUR 3m investment into CodaSystem
Seventure Partners has led a EUR 3m third financing round for software company CodaSystem, alongside existing investors OTC Asset Management and CapDécisif Management.
SPAIN - SGCRE launches seed capital fund
Basque Country Government-backed Sociedad de Gestión de Capital Riesgo de Euskadi (SGCRE) has launched Ekintzaile XXI, a EUR 5m fund to support seed and start up projects located in the region.
ITALY - Ferretti to receive listing authorization
According to reports, Candover and Permira-backed yacht manufacturer Ferretti is to receive the Consob’s authorization to list the company in the London and Milan Stock Exchange.
SPAIN - Santander and Caléndula invest in Gecal
The Santander Group and private equity firm Caléndula de Inversiones have each acquired a 16% stake in renewable energy firm Sociedad Gestora de Parques Eólicos de Castilla y León (Gecal).
ITALY - Clessidra interested in Cerved
Market rumour suggests that Bain Capital Partners portfolio company Teamsystem-Lince and Clessidra are interested in making a joint bid for economic data provider Cerved.
SPAIN - Doughty faces competition over Seur
According to reports, Doughty Hanson is facing competition over its proposed acquisition of a stake in courier Seur from incumbent shareholder Geopost, a subsidiary of French postal service La Poste.