News
GERMANY - Süddeutsche Beteiligung acquires Schwäbische
Die Süddeutsche Beteiligung GmbH has acquired Schwäbische Werkzeugmaschinen GmbH from EMAG Holding GmbH for an undisclosed sum. EMAG will continue to hold a 30% stake.
SWITZERLAND - Aravis leads CHF 21m Telormedix funding
Aravis Venture has led a CHF 21m funding round for biotechnology company Telormedix SA. Other investors include Proquest Investments, BSI SA, Nextech Venture and Generali Insurance Group.
SWITZERLAND – TVM Capital backs CHF 24m Nitec Pharma AG investment
TVM Capital and Deutsche Bank have led an investment of CHF 24m into speciality pharmaceutical company Nitec Pharma AG, alongside existing investors NGN Capital, Global Life Sciences Venture and Atlas Venture.
SPAIN - SI Capital searches for green investors in the Middle East
SI Capital has become one of the first private equity funds to approach Middle Eastern sovereign wealth funds for investment into the renewable energy sector, as it continues fundraising for its new vehicle, which is targeting a EUR 70m close by the end...
ITALY - Ambienta invests EUR 20.5m into ICQ
Ambienta SGR has made an investment of EUR 20.5m into renewable energy business ICQ Group, taking a 15.4% stake in the company. The investor has also retained the right to re-invest an additional EUR 20m at a later date to increase its stake to 26.5%.
FRANCE - A Plus and SGAM AI invest EUR 4.4m into Intrasense
A Plus Finance and SGAM Alternative Investments (SGAM AI) have made an investment of EUR 4.4m into medical software business Intrasense.
GERMANY – Finatem-backed DNZ acquires DWSI
Finatem Beteiligungsgesellschaft has backed portfolio company DNZ Deutsche Notrufzentralen und Sicherheitsdienste Holding GmbH in its acquisition of DWSI Dresdner Wach- und Sicherungsinstitut GmbH from Arndt Sicherheit und Service GmbH and several private...
FRANCE - CAPE and CIC divest Ital Express in SBO
Crédit Agricole Priavte Equity (CAPE) and CIC Finance have sold auto parts business Ital Express in a secondary buyout to LFPI.
FRANCE - Qatari Diar buys 22.7% of SFCMC
Qatari Diar, an investment firm belonging to the Qatari Investment authority, has purchased 22.76% of Société Fermière du Casino Municipal de Cannes (SFCMC), which operates hotels and casino's in Cannes. The Desseigne Barrière family retains a majority...
FRANCE - Apax recruits new senior adviser
Apax Partners France has recruited Bernard Bourigeaud as senior adviser.
BELGIUM - Bencis appoints new partner
Bencis Capital Partners has appointed Filip Leflot as partner in its Brussel office.
GERMANY - Montagu abandons BSN Medical auction
Reports suggest that Montagu has decided to abandon the planned auction of medical supplies company BSN Medical, which was expected to achieve a sale price of between EUR 1.8bn - EUR 1.9bn, as a result of the continuing turmoil in the financial markets.
FRANCE - ACG appoints two
ACG, formerly known as Altium Capital Group, has recruited Eliza Nikolova and Nicola Gobbo.
FRANCE - Naxicap invests in Nuxe
Naxicap Partners has taken a minority stake in cosmetics company Nuxe.
UK - CBPE exits BWA Water Additives
Close Brothers Private Equity (CBPE) has sold BWA Water Additives, a developer of speciality branded chemicals for the water treatment market, to United International Bank BSC, an investment bank based in Bahrain, for an undsiclosed sum.
UK - EVCA appoints new head of communications
The European Venture Capital Association has hired Ross Butler as its new head of communications.
FRANCE - CDC et al invests EUR 15m into Novagali Pharma
A syndicate of existing investors, including CDC Innovation, AGF Private Equity, Edmond de Rothschild Investment Partners and Crédit Agricole Private Equity, has invested EUR 15m in a fourth round of financing for pharmaceuticals company Novagali Pharma.
NETHERLANDS – DSM Venturing invests in Compliers Group International
The venture arm of DSM, DSM Venturing, has invested an undisclosed sum into health care technology business Compliers Group International.