News
ITALY - IP Investimenti leads acquisition of Sorin Unit
A consortium of investors led by IP Investimenti e Partecipazioni has acquired Sorin's Vascular Therapy Business Unit.
GERMANY - Montagu seeks buyer for Kalle Nalo
Reports indicate that Montagu Private Equity has appointed Sal Oppenheim to advise on a possible sale of portfolio company Kalle Nalo GmbH, a producer of sausage casings and sponges.
GERMANY - Bain Capital write off Bavaria Yachtbau
Reports suggest that Bain Capital has completely written off its reported EUR 1.3bn investment in yacht builder Bavaria Yachtbau GmbH.
SWEDEN - ETF leads USD 20m investment into Chemrec
Environmental Technologies Fund (ETF) has led a USD 20m series-C funding round for Swedish bio-refinery technology company Chemrec, alongside existing investors Vantage Point Venture Partners and Volvo Technology Transfer.
DENMARK - EQT leads DKK 2bn KMD acquisition
EQT has acquired a majority stake in IT solutions provider KMB in a buyout from Local Government Denmark (LGDK) valued at DKK 2bn.
SWEDEN/GERMANY - Ratos-backed Bisnode completes SEK 411m WLW acquisition
Ratos portfolio company Bisnode, a supplier of digital business information, has acquired German online search service company Wer liefert was? (WLW) from Seat Pagine Gialle for a total consideration of SEK 411m.
FRANCE - Close Brothers changes senior management
Close Brothers has appointed Laurent Camilli and Gwénael de Sagazan as co-heads of the firms French division.
UK - Denham strengthens natural resources team
Energy and commodities focused global private equity firm Denham Capital Management LP has appointed Bert Koth to its London-based natural resources team.
GERMANY - T-Online Venture Fund backs myON-ID
T-Online Venture Fund has invested an undisclosed seven-figure sum into myON-ID Media GmbH, a platform for online reputation management, in a second round of financing.
UK - AFM fuels Rowlico expansion with £600,000 investment
Alliance Fund Managers (AFM), through the Merseyside Special Investment Fund (MSIF) Venture Fund, has completed an investment of £600,000 into fuel distribution business Rowlico Fuels Ltd.
UK - Beltrae completes Invisible acquisition
Irish investor group Beltrae Partners has acquired Scottish geothermal heating company Invisible Heating Systems (IHS) in a deal reported to be worth £10m.
UK - Azini leads £1.5m Keronite funding
Azini Capital has invested £1.5m as part of a £2.5m funding round for advanced surface treatment technology business Keronite Group.
EUROPE - Oaktree closes on EUR 1.6bn
US-headquartered investor group Oaktree Capital Management has closed OCM European Principal Opportunities Fund II LP, its second European fund dedicated to opportunistic private equity and distress-for-control investments, on around EUR 1.6bn.
FRANCE - AGF leads EUR 14.5m Recupyl investment
AGF Private Equity has led a EUR 14.5m investment in Recupyl, a developer and operator of battery recycling plants, alongside return investor Aloe Private Equity.
CEE - Schoenherr expands east
Austrian law firm Schoenherr is increasing its presence in Central Europe with the launch of three new offices in the Czech Republic, Poland and Slovakia.
UK - Freshfields promotes Pugh to head of dispute resolution group
International law firm Freshfields Bruckhaus Deringer has promoted Chris Pugh to global practice group leader for the firm's dispute resolution group, replacing Ian Terry, who has held the position for three years.
UK - Sun European eyes second furniture rescue
Troubled furniture retailer Land of Leather has confirmed that it has recieved several unsolicited approaches regarding a takeover, with reports suggesting that Sun European, the private equity firm which rescued rival business ScS Upholstery from administration...
CEE - Magisters merges with Belarus law firm
CIS-focused law firm Magisters has merged with Belarus-based rival BelJurBureau.