News
UK - LDC puts National Accident Helpline up for auction
LDC has reportedly hired PricewaterhouseCoopers to run an auction process to sell the National Accident Helpline, a legal services provider.
UK - RJD invests £6.1m in Raphael Healthcare
RJD Partners has invested ТЃ6.1m in Raphael Healthcare, a provider of specialist mental health services for women. The deal values the company at ТЃ30m.
UK - Lincoln hires Julian Tunnicliffe
Investment bank Lincoln International has hired Julian Tunnicliffe as managing director specialising in industrials M&A.
UK - Inflexion appoints two and promotes three
Inflexion Private Equity has appointed two new members to its investment team and has made three internal promotions.
SPAIN - Cross Road Biotech gets green light from CNMV
Cross Road Biotech has received the proper authorisations from the CNMV and has been formally registered as a private equity firm. The company is led by Enrique Castellón.
FRANCE - Turenne Capital acquires Groupe Idé
Turenne Capital alongside Christophe Héral has acquired computer graphics business Groupe Idé in a deal valued at EUR 3m.
GERMANY - Arques acquires Siemens mobile phone business
According to reports, German turnaround firm Arques Industries has acquired 80% of Siemens mobile phone (SHC) division for an undisclosed amount.
UK/CANADA - CBPE-backed ASG acquires Eco Tech
Alex Stewart Group, a provider of metals and minerals inspection and testing services backed by Close Brothers Private Equity, has acquired Eco Tech Laboratory, a Canadian provider of assay and geochemical services to the Canadian mining and exploration...
UK - Noble hires Michael Blakemore
Investment bank Noble has hired Michael Blakemore as a senior oil & gas analyst.
FRANCE - Sofinnova acquires mobile manufacturer Sagem
Sofinnova has acquired mobile phone manufacturer Sagem from Saffran Group.
UK - Greenhill invests in TEG
Greenhill Capital Partners Europe has invested an undisclosed sum in Travel Entertainment Group Ltd (TEG), a provider of in-flight entertainment.
UK - Dunedin backed etc.venues records 51% EBITDA growth
etc.venues, a provider of non-residential training facilities backed by Dunedin, has reported a 36% increase in turnover to ТЃ14m and an increase in EBITDA of 51% to ТЃ3.4m for the year-end June 30th 2008, with capital investment in new and existing venues...
SPAIN - Doughty Hanson presents offer to Seur
According to reports Doughty Hanson has bid approximately EUR 1bn for a 52% stake in Spanish courier group Seur. Investment bank Arcano is handling the process.
GERMANY - King & Spalding expands Frankfurt office
King & Spalding has hired corporate lawyers Andreas Böhme and Susanna Fuchsbrunner, who will join the firm's Frankfurt office as counsel.
SPAIN - Sabadell acquires 4.9% of Antena 3
BIDSA, the development capital arm of Banco Sabadell, has acquired a 4.9% stake in TV station Antena 3 from Grupo Rayet in a deal valued at EUR 84.8m.
SPAIN - Bullnet backs video game developer
Bullnet Capital has acquired Invertec’s stake in video game developer Digital Legends, also subscribing to a capital increase.