News
ITALY Cape backs the creation of image treatment holding
Cape has backed the creation of CLX Europe holding alongside Progressio Investimenti, the Istituto Atesino per lo Svilippo and Vivo family Private Equity Holding.
EUROPE – LODH Euro Choice IV holds first close on EUR 300m
Zurich-based LODH Private Equity Limited has closed LODH Euro Choice IV on EUR 300m.
ITALY - Cape acquires BBI Electric
Cape has acquired a 38.1% stake in electrical equipment manufacturer BBI Electric in a deal valued at EUR 4.5m.
GERMANY - Gores Group acquires 51% of SEN from Siemens
Gores Group has acquired 51% of SEN (Siemens Enterprise Communications), a division Siemens, for an undisclosed amount.
GERMANY - High Tech Beteiligungen exits Orpegen Pharma
High Tech Beteiligungen GmbH & Co. KG, has sold its entire equity interest in Orpegen Pharma GmbH, Heidelberg to its founder and CEO, Christian Birr.
UK/US - Noble opens office in Texas
Noble Group has opened a subsidiary, Noble Corporate Advisory Inc, in Houston, Texas.
ITALY - BSPE-backed Mediacontech acquires 51% of Deltatre Group
BS Private Equity portfolio company Mediacontech has signed an agreement for the acquisition of 51% of Delta Tre Informatica and Deltatre Suisse (“Delta Tre Group”).
UK - Platina refinances wind farm portfolio
Platina Finance Ltd has closed the €24.6m refinancing of Burton Wold and the €9.4m refinancing of Winscales Moor, two windfarms. Nord/LB will provide the new debt.
UK - Smith & Williamson hires head of food and agriculture
Smith & Williamson has hired Steve Ellwood as head of food and agriculture.
UK - SVG hires Kate Goodall
SVG Capital has hired Kate Goodall to join its investor relations team.
GERMANY - Kizoo and VC Fonds Berlin invest in Lesson Nine
Kizoo AG and IBB Beteiligungsberatung (via VC Fonds Berlin) have invested in online language learning company Lesson Nine GmbH, with both investing a six-figure-sum.
UK - RJD-owned Comtec makes acquisition
RJD Partners-backed Comtec Group, a travel technology supplier, has acquired technical internet specialist Atolis.
UK - Nova promotes two
Nova Capital Management has promoted Kathryn Jones and Llewellyn John to associate partners.
UK - Palamon hires Jonathan Heathcote
Palamon Capital Partners has appointed Jonathan Heathcote as a partner.
UK - Octopus backs True Knowledge
Octopus Ventures has invested a further £2m in internet search engine True Knowledge.
UK - Blackstone leads new consortium interested in Informa
Blackstone is leading a second consortium interested in bidding for specialist business-to-business information provider Informa.
SPAIN - 3i in Sampletest sale
3i has announced the sale of Sampletest-Consultoría e Gestao de Laboratórios Clínicas S.A. to Labco SAS for EUR 220m.
SPAIN - 3i portfolio company acquires Escor
3i-backed industrial and environmental services firm Daorje has wholly acquired waste management business Escor.
SPAIN - Impax acquires operating solar projects in Spain
Impax, through Impax New Energy Investors (NEI) fund, has acquired 15.5MW of operating solar photovoltaic (PV) projects in three transactions in the Spanish regions of Extremadura and Castilla-la-Mancha .
FRANCE - Turenne takes majority stake in Capsule
Turenne Capital has taken a majority stake in Capsule Technology via its fund Turenne Investissement which invested EUR 3.3m as well as an undisclosed investment from other funds under its management.
UK - Infineum no longer up for sale
Exxon and Shell have decided not to go through with the £1.5bn-£2bn sale of their oil additives joint venture Infineum after private equity bids came in below their target price.
FRANCE - Abénex sells Score Groupe
Abénex has sold 100% of Score Groupe to Sodexo. The deal is subject to approval from the French competition authorities and is expected to be completed in early 2009. Abénex Capital (then ABN AMRO Capital France) initially acquired a 52% stake in the...
UK - AFM invests in games console device
Alliance Fund Managers has invested £250,000 through the MSIF Liverpool Seed Fund in games console developer New Concept Gaming.
UK/GERMANY - Sophos to acquire Utimaco
TA Associates-backed Sophos plc intends to acquire German data security solutions company Utimaco Safeware AG for EUR 217m.