News
EUROPE - European Commission to discuss transparency proposals
The European Parliament today voted to send the Lehne and Ramussen reports on the transparency of institutional investors to the European Commission for discussion.
GERMANY - BFB and bmp join Revotar funding
BFB BeteiligungsFonds Brandenburg GmbH and bmp AG have invested in biotechnology company Revotar Biopharmaceuticals AG in a EUR 5.3m second closing of the company's series-A funding round.
UK - Dow Schofield Watts launches debt advisory business
Dow Schofield Watts has established a corporate debt advisory business, which will be led by new partners Joanne Dodd and Paula Jones.
GERMANY - High-Tech Gründerfonds invests in HAPILA GmbH
High-Tech Gründerfonds has invested in start-up company HAPILA GmbH, which offers processes for purification of active pharmaceutical ingredients.
FRANCE - Xange invests EUR 3m into NovaWatt
Xange Private Equity has invested EUR 3m in a first round of financing for electricity producer NovaWatt.
FINLAND - CapMan promotes two
CapMan’s buyout team has promoted Jan Mattlin to partner and Sebastian Schauman to investment manager.
NORWAY - NeoMed hires partner
NeoMed Management has hired Gert Caspritz as senior investment professional and partner.
NORWAY - First Reserve and DOF bid for DOF Subsea
Norwegian Shipping Group DOF ASA has teamed up with First Reserve Corporation to put forward a cash offer for all the outstanding shares in subsea services contractor DOF Subsea at a price of NOK 39 per share.
GLOBAL - Permira appoints senior adviser
Permira has appointed David Williams, former CEO of SIG Plc, as senior adviser.
FRANCE - HIG Capital strengthen team
Thomas Mitard has been named assistant director general of HIG Capital.
GERMANY - BPE-backed Eschenbach Group completes acquisition
Barclays Private Equity has backed portfolio company Eschenbach Group, a provider of eyewear and related products, in its acquisition of International Eyewear Limited, a UK-based manufacturer of eyewear and sunglasses, for an undisclosed sum.
UK - Eden backs USD 12.5m VOSS financing
New investors Eden Ventures and Paris-based XAnge Private Equity have joined existing backer Pyrford Enterprises in a USD 12m series-B funding round for unified communications service delivery software provider VOSS.
GERMANY – MIG leads EUR 5m Corimmun funding
MIG AG has led a EUR 5m series-A funding round for biotechnology company Corimmun Gmb. The round also included contributions from new investors GC Fund, Bayern Kapital and KfW Bank, as well as existing backers High-Tech Gründerfonds, Bio-M AG and SeedFonds...
FRANCE - Sigefi-backed Batilor completes merger
Sigefi Private Equity-backed construction company Batilor has merged with sector rival Babeau Seguin to form Groupe Performance Construction.
FRANCE - I-Source exits NETIA
I-Source has sold its stake in software developer NETIA to GlobeCast, a subsidiary of France Telecom.
EUROPE – European Parliament demands greater transparency
MEPs are demanding tough new regulations to force greater transparency from hedge funds and private equity groups.
SPAIN - Santander suspends fundraising for fund-of funds
Santander has suspended the fundraising of its fund-of-funds vehicle Santander Private Equity II due to a lack of interested investors.
UK - Camburn joins Deloitte
Deloitte has hired Liam Camburn as a new director in its private equity transaction services team.
ITALY - Sator acquires 40% of Baglioni Hotels
Financial group Sator has acquired a 40% stake in Baglioni Hotels in a deal valued at EUR 30m.
NETHERLANDS - Sitra joins Capricorn Cleantech Fund
Finnish Innovation Fund Sitra has commited EUR 10m to the Capricorn Cleantech Fund, which held its final close on EUR 100m last May.
UK - KCP opens Birmingham office and hires new investment manager
Key Capital Partners (KCP) has opened a new office in Birmingham and appointed Jonathan Lamb as investment manager in its Midlands team.
UK - Close Ventures invests £1.4m in healthcare business
Close Ventures has backed Prime Care Holdings Limited, a domiciliary care agency, with funding of £1.4m.
NETHERLANDS – Capricorn recruits three
Capricorn has hired Daniel von Scheven as investment manager.
IRELAND - Lightspeed leads USD 21m PCH funding
A syndicate of US investors, led by Lightspeed Venture Partners and including Focus Ventures and Norwest Venture Partners, has invested USD 21m into supply chain management solutions provider PCH International.