News
UK - Barclays Ventures backs £10m JBM buyout
Barclays Ventures has supported the ТЃ10m buyout of aluminium and waste recycler JBM International, taking a minority stake in the business.
UK - Bridgepoint buys more Fat Face debt
Bridgepoint has bought back another chunk of the debt in fashion retailer Fat Face, taking the total purchased amount to ТЃ21.8m.
UK - Phil Greves to launch Elysian in the North
Former 3i director Phil Greves has been appointed to set up the first office in the North of England for Elysian Capital.
NORWAY - EQT will not get Choice
According to reports, EQT’s takeover offer for Norwegian hotel chain Choice Hotels has been rejected by the owner, Petter Stordalen.
UK - Capital Fund invests in two restaurants
The Capital Fund has announced an investment of ТЃ250,000 into White Circle Organisation, a developer of branded cafes, restaurants and food hall outlets, and an undisclosed investment in Hummus Bros, a restaurant chain which serves snacks and meals with...
UK - AlpInvest hires two in London
Dutch investment group AlpInvest Partners has hired Dominic Curtis and Christopher Bone for its London office, where they will focus on mezzanine investments.
UK - Abingworth sells Clinical Designs
Abingworth has sold medical equipment developer Clinical Designs Ltd to Mundipharma International Corporation Ltd for an undisclosed sum.
UK - Seraphim invests in Testplant
Seraphim Capital has invested ТЃ1m in Testplant Ltd, a newly established platform business designed to make acquisitions in the software testing market.
ESTONIA - BaltCap acquires medical diagnostics company
BaltCap has acquired a 75% stake in medical diagnostics company Quattromed HTI Laborid OÜ from private individuals and Finnish biotechnology company FIT Biotech Oy.
UK - Providence et al to make offer for Informa
Reports suggest that a consortium of private equity investors led by Providence Equity Partners and including Blackstone and Carlyle are to make a firm offer for business-to-business information provider Informa within days.
UK - Rutland appoints in investment team
Rutland Partners has appointed David Wardrop and Tristan Craddock to its investment team.
UK - ATEP hires investment manager
Alliance Trust Equity Partners, the private equity arm of Alliance Trust Plc, has appointed Layla Fear as investment manager.
ESTONIA - Margus Uudam joins ASI as head of private equity
Ambient Sound Investments (ASI) has hired Margus Uudam to head its private equity investments team.
RUSSIA - Marshall raises USD 450m for two new funds
Marshall Capital Partners (MCP) has reportedly raised USD 450m for two new funds dedicated to investment in Russia and CIS: Marcap I, which is to acquire part of the assets currently owned by MCP, and Marcap II.
RUSSIA - CapMan backs RBPI
CapMan Russia Fund has acquired pig farm operator Russia Baltic Porc Invest ASA (RBPI).
RUSSIA - CapMan acquires Region-Avia Airline
CapMan Russia Fund has acquired Russian private airline operator Region-Avia Airline for an undisclosed sum.
GERMANY – HANNOVER Finanz raises EUR 120m for evergreen fund
Hannover Finanz has raised a total of EUR 120m for its latest evergreen fund - the largest amount it has raised so far.
GERMANY - Leonardo Venture increases interest in InovisCoat
Leonardo Venture has increased its shareholding in technology company InovisCoat GmbH by 7.76%, taking its interest in the business to 48.94%. A silent participation of EUR 1.3m has also been agreed.
GERMANY - Auctus sells ZPF therm Maschinenbau
Auctus has sold 100% of its shares in ZPF therm Maschinenbau GmbH, a manufacturer of industrial furnaces and ancillary equipment for the aluminium-processing industry, to DZ Equity Partner GmbH.
CEE - Summit invests in Telerik
Summit Partners has invested in Telerik, a Bulgarian supplier of software tools and components that allow developers to build web and desktop applications.
UK - TA Associates invests £35m into Quotient Bioscience
TA Associates has invested ТЃ35m into analytical and safety evaluation services company Quotient Bioscience Group.
UK - Elysian makes two appointments
Elysian Capital has appointed Phil Greves as investment director and partner and Jack Jacovou as associate director.
UK - Energy Ventures exits Caltec
Energy Ventures has sold its investment in Caltec, a supplier of equipment for improving production from oil and gas wells, to Petrofac Ltd for an initial consideration of ТЃ15m, with this potentially rising to ТЃ30m if the business reaches performance...
UK - Barclays Ventures exits UPSL
Barclays Ventures has sold Uninterruptible Power Supplies Ltd (UPSL), an supplier of branded continuous power supply systems, for an undisclosed sum to US-based Kohler Power Systems.