News
UK - TPG Capital appoints new vice president
TPG Capital has appointed Jacob Polny as a vice president in its London office.
UK - Providence and Carlyle to join Blackstone bid for Informa
Blackstone is believed to be talking to Providence and Carlyle to arrange a joint bid for specialist business-to-business information provider Informa. It has been reported that a syndicate of banks led by JP Morgan has been lined up to provide most of...
CEE - Warburg Pincus and Apax bid for Seznam.cz
According to sources, Warburg Pincus and Apax Partners have submitted bids for the Czech Republic's largest internet server Seznam.com.
US - Linklaters hires Jeffrey Schmidt for New York office
Linklaters has appointed Jeffrey Schmidt as partner in the New York office.
UK - Duke Street moves offices
Duke Street has moved its UK office in London to Wigmore Street.
IRELAND - Elan receives bids for EDT
Reports suggest that biotechnology company Elan Corp Plc has received first-round bids for its drug delivery unit Elan Drug Technologies (EDT), with private equity firms TPG Capital and Bain Capital thought to be potential buyers. The sale is hoped to...
UK - NVM appoints David Inman
NVM Private Equity has appointed David Inman as financial controller in Newcastle.
GLOBAL - Permira beefs up Asian presence
UK-based buyout house Permira has appointed longtime Goldman Sachs banker Henry Chen as its head for Greater China.
RUSSIA – Aurora Russia hires Dan Collison Koch
Aurora Russia has hired Dan Collison Koch as a non-executive director.
UK - Acuity invests £4.5m into Connect 2 Media
Return investor Acuity Capital has supported games platform Connect 2 Media with ТЃ4.5m.
CEE - Capexit acquires Bread & Co
Capexit has wholly acquired Serbian bakery chain Bread & Co.
FRANCE - AXA PE ups stake in Carbone Lorraine
AXA Private Equity has increased its holding in listed electrical and materials company Carbone Lorraine from 10.5% to 11.43%.
UK - Rainbow Seed Fund invests £750,000 into LiteThru
The Rainbow Seed Fund and the Oxford Technology Enterprise Capital Fund have led a ТЃ750,000 investment round for drug analysis company LiteThru Ltd.
UK - Advent backs EUR 15m SEP funding
Return investor Advent Venture Partners, alongside Generali Insurance subsidiary BSI, has invested EUR 15m in a second round of funding for pharmaceuticals business Speciality European Pharma Ltd (SEP).
NORWAY - Tandberg in discussion with private equity firm
Norwegian video conference systems group Tandberg ASA has announced that it has been approached by a private equity player regarding a potential takeover offer. According to reports, analysts estimate a potential bid price to be around NOK 130 to NOK...
NETHERLANDS – Icos invests in ReSteel
Icos Capital has invested in base metals recovery company ReSteel.
GERMANY – EVP leads EUR 5.1m investment into Signature Diagnostics
A consortium of investors led by EVP Capital Management has invested EUR 5.1m into Signature Diagnostics, a developer of predictive diagnostics products for cancer, in a series-C funding round.
GERMANY - b-to-v invests in smash24/7 GmbH
BrainsToVentures AG has invested in online paparazzi portal company smash24/7 GmbH, which focuses on news and gossip around celebrities and events.
EUROPE - Earlybird closes new fund on EUR 127m
Earlybird has held a final closing of its new fund Earlybird IV, with investors from Germany, the US, Asia and the Middle East committing EUR 127m towards the early-stage financing of young, innovative companies.
UK - More funds for distressed debt
The amount of capital raised by private equity for funds investing in distressed debts is to set to top last years record total, according to reports.
ITALY – Alto acquires Monviso
Alto Partners has acquired a stake of close to 90% in biscuit manufacturer Monviso in a deal valued at between EUR 30m and EUR 35m.
EUROPE - Apollo and Lazard join forces
US buyout house Apollo Management and investment bank Lazard have announced a strategic partnership for private equity in Europe.
GLOBAL - Private equity investments drop 40%
A new report published by International Financial Services London has revealed that private equity investments have declined by approximately 40% in the first half of 2008 compared to the corresponding period last year.
GERMANY – eCAPITAL backs 4JET Sales+Service GmbH
eCAPITAL has closed an undisclosed financing round for 4JET Sales+Service GmbH.