News
GLOBAL - Blackstone forms cleantech group
The Blackstone Group has formed a cleantech group, which will both make investments and advise Blackstone portfolio companies on renewable energy strategies.
SPAIN - ASCRI projects a 53% drop in Spanish investments
The Spanish private equity association, ASCRI, has projected a 53% drop in Spanish investments to between EUR 2bn and EUR 3bn from the EUR 4.7bn registered in 2007.
SPAIN - Debaeque-backed Oasyssoft opens office in Silicon Valley
Debaeque-backed software developer Oasyssoft has moved its headquarters from Barcelona to Silicon Valley, and increased staff numbers from 14 to 50.
UK - Palatium hires two
Private equity real estate investor Palatium has hired a specialist mezzanine and preferred equity team from Citigroup to manage its planned specialist fund.
UK - JP Mogan opens in Jersey
JP Morgan Private Equity Fund Services has opened a new office in Jersey to service existing and new offshore clients.
UK - Riverside buys Tensator
The Riverside Company has acquired queue management provider Tensator Group Ltd for an undisclosed sum.
FRANCE - AGF PE increase stake in Bioalliance to 5%
AGF Private Equity has increased its stake in biopharmaceutical business Bioalliance Pharma to 5.06%.
GLOBAL - Syndicate eyes up Rio Tinto Alcan division
A private equity syndicate comprising Eurazeo, Apollo, AXA Private Equity, TPG and la Caisse des Dépots are considering an offer for mining company Rio Tinto Alcan’s aeronautics and automotive unit, Alcan Engineered Products, which could value the...
UK - Amadeus et al invest USD 14m into Enigmatec
Amadeus Capital Partners, Pentech Ventures and Herald Ventures have continued to support data centre automation solutions provider Enigmatec Corporation Ltd in a USD 14m serices-C funding round, alongside Scottish Enterprise and Noble Venture Finance.
ITALY - Cape-backed TMQS acquires Meccanica Coatti for EUR 1.7m
Cape Natixis has provided additional funding through its Cape Natixis Private Equity fund to finance portfolio company TMQS Group's acquisition of steel company Meccanica Coatti, in a deal valued at EUR 1.7m.
UK - KKR-backed NIS aquires Anite in £54.3m deal
Northgate Information Solutions, a provider of specialist software, outsourcing and IT services backed by KKR, has acquired public sector IT specialist Anite Public Sector Holdings Ltd in a £54.3m deal.
ITALY - Intesa Sanpaolo close to completing EUR 1bn IMMIT sale
Market rumour suggests that Intesa Sanpaolo SpA is close to completing the sale of its real estate unit, IMMIT Immobili Italiani SpA, to Fimit Srg in a deal that would value the business at a shade under EUR 1bn.
ITALY - Cape Natixis acquires Amf in EUR 11m deal
Cape Natixis has acquired a 65% stake in fashion accessories company Amf in a deal valued at EUR 11m.
ITALY - Carlyle to acquire 48% stake in Moncler Group
The Carlyle Group has announced an agreement to acquire a 48% stake in Moncler SpA, the holding entity of sportswear producer Moncler Group.
UK - GfK seeks support from Apax for TNS bid
German market researcher GfK has held talks with Apax Partners to gain funding for its bid for research group Taylor Nelson Sofres (TNS).
NETHERLANDS - PPM Oost invests in Exendis
PPM Oost has backed the buyout of Exendis, a designer and manufacturer of energy conversion equipment for the mobility, infrastructure and renewable energy sectors.
UK - YFM invests £250,000 into Syphan
The YFM Group managed Yorkshire & Humber Equity Fund (YHEF) has invested £250,000 in network security appliances developer Syphan Technologies.
UK - Catapult leads £600,000 MDL investment
Catapult Venture Managers has invested £250,000 as part of a £600,000 second funding round for Michelson Diagnostics Ltd, a medical imaging technology developer.
GERMANY - Apollo and KKR in talks with Continental
According to reports, US firms Apollo and KKR are in talks with listed auto parts supplier Continental regarding a possible 'white knight' takeover bid.
LITHUANIA - Martinson Trigon exits Norby Networks
Martinson Trigon Venture Partners (MTVP) has sold networking company Nordby Networks to Baltnetos Komunikacijos for an undiscolosed sum.
GERMANY - Capvis acquires BARTEC from Allianz Capital Partners
Capvis has acquired a majority shareholding in safety technology company BARTEC for an undisclosed amount from Allianz Capital Partners, which acquired the company in 2002. The BARTEC management continues to be invested as a minority shareholder.
CEE - Alnair increases its stake in Kazkommertsbank to 25%
Alnair Capital has increased its stake in Kazkommertsbank to 25.15% following approval from the Kazakh regulation authority. This comes two months after its purchase of an 8% stake in the Kazakh bank.
NETHERLANDS - Rabo acquires 60% in Koop Bronbemaling
Rabo Participaties has acquired a 60% stake in Koop Bronbemaling, a Netherlands-based company providing dewatering system services.
FINLAND - Sentica Partners acquires Miratel
Sentica Partners has acquired a 52% stake in Miratel, a supplier of nurse-call and personal security to the healthcare sector, from three private investors.