News
UK - ECI completes £115m sale of Racal
UK mid-market buyout house ECI Partners has wholly exited its investment in Racal Acoustics, a provider of specialist hearing protection and communications products, in a £115m sale to strategic buyer Esterline Technologies Corporation.
UK - Augentius appoints new partner
Augentius Fund Adminstration has promoted Ian Kelly to partner.
GERMANY - BayBG supports AUVICA
BayBG Bayerische Beteiligungsgesellschaft has invested an undisclosed sum into internet software provider AUVICA GmbH, acquiring a a minority stake. In addition, BayBG provided a mezzanine package in the form of a silent partnership.
SPAIN - Catalana d’Iniciatives to back buyout of Spanair
According to reports, the Consorci Turisme de Barcelona consortium and Catalana d'Iniciatives are in the process of acquiring an 80% stake in air carrier Spanair from SAS.