News
FINLAND - Nexit Ventures holds third close on EUR 85m
Nexit Venture has raised a further EUR 10m for its mobile and wireless venture fund, Nexit Infocom II, bringing total commitments to EUR 85m.
FRANCE - BNP PE and UFG PE invest EUR 1.5m into Petits Petons
BNP Paribas Private Equity and UFG Private Equity have backed a EUR 1.5m second round of funding for Petits Petons, a distributor of children's shoes.
FRANCE - BNP PE and UFG PE invest EUR 1.5m into Petits Petons
BNP Paribas Private Equity and UFG Private Equity have backed a EUR 1.5m second round of funding for Petits Petons, a distributor of children's shoes.
BULGARIA - 3TS Capital Partners supports Investor.bg
3TS Capital Partners, through the 3TS Cisco Growth Fund, has invested an undisclosed sum into Investor.bg AD, an online media company based in Bulgaria, taking a 17% stake in the company.
BELGIUM - Gimv appoints Peter Maenhout
Gimv has appointed Peter Maenhout as executive vice president.
UK - Private equity to target consumer sector P2Ps
A new report reveals that 94% of private equity houses are likely to consider take-private deals over the next two years, with quoted companies in the consumer sector seen to be the most conductive to such transactions.
FRANCE - Neptune Technologies backs EUR 3m Squid Solutions funding
Neptune Technologies and Banque de Vizille, along with a number of private investors, have invested EUR 3m into Squid Solutions, a customer intelligence software company, in a first round of financing.
UK - RBS rejects £5bn bid from BC and Apollo
RBS has decided to terminate the sales process for its UK insurance arm after rejecting a bid jointly put forward by BC Partners and Apollo Management, which valued the business at around £5bn.
LUXEMBOURG - DEFI et al. back DS Care funding
Swiss investor DEFI Gestion SA, Luxembourg-based Luxempart and French fund Sinequanon have invested a combined EUR 20.2m into healthcare provider DS Care in a second round of funding.
FRANCE - AXA Private Equity increases stake in Spotless
AXA Private Equity has acquired a further 50% in portfolio company The Spotless Group, a producer and distributor of homecare and cleaning products, taking its holding in the business to 65.6%.
UK - Administrations double in Q4
Further evidence of the growing impact of the economic downturn on businesses was provided today by new figures published by the Insolvency Service, which reveals that the number of administrations in Q4 2008 across England and Wales doubled in comparison...
UK - Quattro Partners hires d'Angelin
London-based advisory firm Quattro Partners has hired Benoit d'Angelin.