News
UK - Nova promotes two
Nova Capital Management has promoted Kathryn Jones and Llewellyn John to associate partners.
UK - Palamon hires Jonathan Heathcote
Palamon Capital Partners has appointed Jonathan Heathcote as a partner.
UK - Octopus backs True Knowledge
Octopus Ventures has invested a further ТЃ2m in internet search engine True Knowledge.
UK - Blackstone leads new consortium interested in Informa
Blackstone is leading a second consortium interested in bidding for specialist business-to-business information provider Informa.
SPAIN - 3i in Sampletest sale
3i has announced the sale of Sampletest-Consultoría e Gestao de Laboratórios Clínicas S.A. to Labco SAS for EUR 220m.
SPAIN - 3i portfolio company acquires Escor
3i-backed industrial and environmental services firm Daorje has wholly acquired waste management business Escor.
FRANCE - Turenne takes majority stake in Capsule
Turenne Capital has taken a majority stake in Capsule Technology via its fund Turenne Investissement which invested EUR 3.3m as well as an undisclosed investment from other funds under its management.
SPAIN - Impax acquires operating solar projects in Spain
Impax, through Impax New Energy Investors (NEI) fund, has acquired 15.5MW of operating solar photovoltaic (PV) projects in three transactions in the Spanish regions of Extremadura and Castilla-la-Mancha .
FRANCE - Abénex sells Score Groupe
Abénex has sold 100% of Score Groupe to Sodexo. The deal is subject to approval from the French competition authorities and is expected to be completed in early 2009. Abénex Capital (then ABN AMRO Capital France) initially acquired a 52% stake in the...
UK - Infineum no longer up for sale
Exxon and Shell have decided not to go through with the ТЃ1.5bn-ТЃ2bn sale of their oil additives joint venture Infineum after private equity bids came in below their target price.
UK - AFM invests in games console device
Alliance Fund Managers has invested ТЃ250,000 through the MSIF Liverpool Seed Fund in games console developer New Concept Gaming.
UK/GERMANY - Sophos to acquire Utimaco
TA Associates-backed Sophos plc intends to acquire German data security solutions company Utimaco Safeware AG for EUR 217m.
UK - Finance Wales supports Silvergate Plastics buyout
Finance Wales has supported the buyout of masterbatch for the plastics industry manufacturer Silvergate Plastics with ТЃ1.2m.
UK - Synova backs buyout of The Lunan Group
Synova Capital has backed the buyout of The Lunan Group, the owner of handbag and accessories brands Fiorelli and Modalu. Synova invested alongside the group's CEO Stuart Lunan.
UK - HBOS puts Hill Hire up for sale
HBOS is said to have put truck and trailer rental specialist Hill Hire up for sale.
EUROPE - Private equity deals up 15% in Q2
A rise in expansion deals and the return of big buyouts has led to a 15% rise in the total combined value of European private equity transactions, according to the latest unquote" private equity Barometer, in association with Candover.
UK - HBOS takes stake in Iris Worldwide in £20m deal
HBOS is said to have taken a ТЃ3m equity stake in advertising company Iris Worldwide in a ТЃ20m deal.
UK - STF invests in AWS Ecoplastics
The Sustainable Technology Fund (STF) has taken part in a $6m funding round, alongside Robeco, into plastic recycling specialist AWS Ecoplastics.
UK - TV3 to acquire Channel 6
Doughty Hanson-backed TV3, an Irish commercial TV channel, is to acquire Irish TV Channel 6.
SPAIN - Nauta leads Privalia financing round
Nauta Capital has lead a EUR 4m financing round in online shopping company Privalia, with existing investor Grupo Cabiedes investing EUR 1m of the total sum.
GLOBAL - KKR goes public
Kohlberg Kravis Roberts is going public in a transaction that will involve buying KKR Private Equity Investors, which was listed on Euronext Amsterdam two years ago, and listing the merged entity in New York.
PORTUGAL - Explorer acquires recycling business
Explorer investments has wholly acquired metal recycling firm, Constantino Fernandes Oliveira & Filhos (CFO). The deal was carried out though Fundo Explorer II.
CEE - Marfin acquires 50% stake in Croatian tourism group
Marfin Investment Group (MIG) has bought a 50% stake in Croatian tourism group Sunce Koncen as part of its expansion plans. The deal was valued at EUR 90m.
UK - ISIS leads buyout of TVC
ISIS Equity Partners has led the buyout of broadcast and digital PR agency The Television Consultancy (TVC) in a ТЃ10m deal.