News
UK - Finance Wales appoints new chairman
Finance Wales has appointed Ian Johnson as the new chairman.
UK - SJ Berwin lawyer departs
Bruce Gardner has left SJ Berwin to join US law firm Sidley Austin. He worked in the financial services department.
SPAIN – Candover seeks financial partners for Parques Reunidos
Candover is looking for new financial partners to invest in Parques Reunidos in order to pursue the company's growth.
ITALY – New private equity operator Sator gets green light
Sator, the private equity and asset management company led by Matteo Arpe has been granted the go-ahead to begin fundraising in May.
FINLAND - Amanda Capital launches new fund for listed private equity
Amanda Capital has launched a new mutual fund, Amanda SICAV-SF- Liquid Private Equity Fund (Amanda LPE), that will invest in globally listed private equity firms and funds.
UK - Milestone buys Coffee Nation
Milestone Capital Partners has led the secondary buyout of Coffee Nation, a self-service coffee provider in a deal reported to be worth around ТЃ25m. RBS provided senior debt and capex facilities and Investec Growth & Acquisition Finance provided ТЃ5.25m...
UK - Barclays Ventures leads £12.5m buyout of KDC Contractors
Barclays Ventures has led the management buyout of demolition contractor KDC Contractors Ltd in a deal worth ТЃ12.5m.
UK - Barclays Ventures funds double acquisition by Howorth
Barclays Ventures is providing portfolio company Howorth Air Technology, a clean air solutions specialist with funding to acquire Westbury Filters Ltd and Filtermation Products Ltd, two designers, manufacturers and installers of filters in a deal worth...
GERMANY - Leadership change at Dresdner Kleinwort Leverage Finance
Marcel Herter has left Dresdner Kleinwort and been replaced by Kai Gebauer as head of leverage finance, Germany. Gebauer joined Dresdner Kleinwort last September as head of mid-cap leverage finance. He will be based in Frankfurt and will report to Brian...
UK - BOSIF takes stake in Integrated Subsea Services
Bank of Scotland Integrated Finance has acquired subsea company Integrated Subsea Services for ТЃ80m in a deal valuing the company at ТЃ143m.
UK - LTF invests in Intellistream
London Technology Fund (LTF) has invested ТЃ1m in Intellistream, a developer of technology for interactive mobile video applications.
UK - NVM exits TFB for £9m
NVM has exited Technology for Business (TFB), a provider of specialist IT systems for law firms.
UK - five bidders interested in Safety-Kleen
Blackstone, Cinven, Hellman & Friedman, Montagu and Warburg Pincus are reported to all mades bids for Safey-Kleen, a service provider to automotive and industrial customers.
ITALY – MPS Ventures in double IT investment
MPS Ventures and Sapient spa have acquired software companies Datel and Cedass in a deal valued at EUR 20m.
UK - Graphite recruits new partner
Graphite Capital has hired Dana Haimoff as partner.
UK - Endless invests in St Neots from new fund
Endless has taken a significant minority stake in specialist print and packaging company St Neots Packaging for an undisclosed amount.
UK - NVM invests £5m in Optilan
NVM Private Equity has invested around ТЃ5m to acquire telecommunications network provider Optilan.
FRANCE – Activa Backs MBO of Bruno Saint Hilaire
Activa Capital has taken a majority stake in Bruno Saint Hiliaire (BSH) alongside managers Dominique de la Tournelle and Nicholas Roux. Activa has purchased CDC Capital Investissement and Banque de Vizille’s interests in the company. The deal was proprietary....
FRANCE – Activa sell Malherbe to N.I Partners
Activa Capital has sold Groupe Malherbe in a secondary buyout to Natixis Private Equity subsidiary N.I Partners. Following the deal the group’s CEO Alain Samson, whom Activa Partnered in an OBO in 2004, becomes the majority shareholder alongside N.I....
CEE - Darby Overseas recruits Sean Glodek in Warsaw
Darby Overseas Investments has recruited Sean Glodek as senior president in its Warsaw office.
UK - Close Brothers backs £8.7m Baricon deal
Close Brothers Private Equity has backed portfolio company Energy Cranes in its acquisition of sub-sea systems supplier Baricon Systems in a deal valuing Barcon at ТЃ8.7m.
EMERGING MARKETS – Actis appoints former Barcap leveraged finance founder
Actis, a prolific investor in emerging markets private equity, has appointed Chris Coles to assist with the firm’s risk management, deal sourcing, financing and portfolio management.
ITALY – BS Private Equity in sale of surveillance company
BS Private Equity has sold security firm Sicurglobal to Stirling Square Capital Partners, generating a money multiple of approximately 2.5x.
GREECE – Apax to acquire TV platform
According to reports, Apax Partners is close to acquiring Greek pay television platform Nova from Multichoice Hellas S.A.