News
FRANCE - 3i sells Transports Alloin to Kühne + Nagel
3i and the management have sold Transports Alloin to Swiss logistics company Kühne + Nagel.
EUROPE - Cognetas hires adviser
Pan-European buyout house Cognetas has hired David Pusinelli as senior adviser specialising in financial services.
CIS - Ventech et al. lead EUR 4.2m WomanJournal investment
Ventech, AGF Private Equity and XAnge have led a EUR 4.2m series-A financing round for Russian internet portal WomanJournal.
SPAIN – Debaeque invests EUR 3m into Helpmycash
Debaeque has completed a EUR 3m round of financing for Helpmycash, a web based consumer assistance company that provides recommendations on consumer finance products.
HOLLAND - Aescap leads EUR 18m Avanium investment
Aescap Ventures has led an EUR 18m investment round for biofuels and bioplastics developer Avantium Technologies BV, alongside existing backers Capricorn Cleantech Fund, ING Corporate Investments and Navitas Capital.
EUROPE - Bridgepoint closes fourth fund EUR 800m above target
Bridgepoint has closed its fourth fund, Bridgepoint Europe IV Fund, on more than EUR €4.8bn - well above its original target of €4bn.
UK - MessageLabs launches fund advisory business
Online messaging company MessageLabs has launched a new fund and advisory business; Notion Capital.
FRANCE - SGAM AI invests EUR 3.5m into Biosystems
SGAM AI, alongside several business angels and an undisclosed European pharmaceuticals company, has invested EUR 3.5m into biotechnology business Biosystems International (BSI).
FRANCE - 123 Venture backs balloon manufacturer
123 Venture has invested EUR 2.4m into Aerophile, a tethered gas balloon manufacturer, distributor and operator.
AUSTRIA - GCP appoints partner
Austrian venture capital investor Gamma Capital Partners (GCP) has appointed Jürgen Wahl as partner.
SPAIN - Private equity interest in Clece
Reports suggest that several private equity houses, including Apax, EQT, CVC, PAI and Permira, are interested in bidding for Clece, the airport logistics and cleaning subsidiary of multinational ACS.
ITALY - Investcorp and BPE complete EUR 600m N&W acquisition
According to reports, Investcorp and Barclays Private Equity (BPE) have completed the EUR 600m secondary buyout of vending machine business N&W Global Vending from Argan Capital and Merrill Lynch Global Private Equity.
SWEDEN - Start Invests et al invests SEK 4m into digital pen developer
Start Invest AB has, together with other investors, subscribed to a SEK 4m capital increase by Penboost, a developer of digital pen solutions and paper technology.
GERMANY - Please fasten your seat belts
"The last year can only be likened to a rollercoaster ride between hope and fear," said Thomas Dorbert, managing director of Mediobanca, speaking at the Deutsche unquote" private equity conference today in Munich.
UK - High Net Worths keen to increase private equity investment
According to research conducted by private investor network Hotbed, there is currently strong appetite among high net worth individuals for private equity, with 67% of the 320 surveyed individuals responding that now would be a good time to increase their...
UK - ISIS-backed Nexus completes acquisition
ISIS Equity Partners-backed vehicle rental specialist Nexus Vehicle Management has acquired roadside repair and recovery business FMG Support's vehicle rental management division for an undisclosed sum.
EUROPE - Private equity investment drops to four year low
Figures published today in the unquote" Private Equity Barometer, produced in association with Candover, reveal that the total value of private equity-backed investments fell to less than EUR 20m between July and September - a 35% drop on the previous...
SWITZERLAND - Close Brothers opens Zurich office
Close Brother Corporate Finance has opened a new office in Zurich and has appointed Jürg Glesti as managing director.
FRANCE/UK - Platina converts to LLP
Platina Partners has adpoted LLP status.