News
SPAIN - N+1 completes EUR 160m MBA acquisition
N+1 has acquired medical prosthetics supplier MBA Incorporando in a management buyout deal valued at EUR 160m.
GLOBAL - Goldman Sachs raises USD 10bn fund
According to reports, Goldman Sachs has raised a USD 10bn fund to invest in senior loans backing leveraged buyouts.
SPAIN - Clave Mayor invests in renewable energy player
Clave Mayor, through its Fondo Tecnologico Seguranza, has invested EUR 3m in DC Wafers, a manufacturer of silicon wafers for use in photovoltaic cells.
UK - RCapital acquires the Art Group
RCapital has acquired The Art Group, a developer of systems that allow art gallery visitors to purchase prints via the internet, in a secondary buyout from ISIS Equity Partners for an undisclosed sum.
ITALY - Pedersoli appoints new partner
Law firm Pedersoli e Associati has appointed Paolo Marsigli as a new junior partner.
PORTUGAL - Inter-Risco completes EUR 20m Frissul acquisition
Inter-Risco has announced the acquisition of logistics business Frissul Group in a deal valued at approximately EUR 20m. The deal was carried out through the newco, Cold Land SGPS SA, in which Inter-Risco holds an 80% stake and InovCapital the remaining...
UK - Kennet closes third fund on EUR 200m
Kennet Partners has held a final closing of its third fund, Kennet III, on in excess of EUR 200m (USD 315m).
DENMARK - Capricorn leads EUR 13.4m financing round for Fluxome
Fluxome Sciences AS, a producer of ingredients for dietary supplements, has closed a EUR 13.4m series-B round of financing lead by Capricorn Venture Partners, which invested EUR 5m through its Capricorn Cleantech Fund, with additional contributions coming...
GERMANY – Argantis sells Czewo to ColepCCL
Argantis has sold its holding in aerosol and cosmetics filling business Czewo Full Filling Service GmbH to ColepCCL, a strategic buyer based in Portugal.
GERMANY - High-Tech Gründerfonds and DuMont Venture invest in livedome
High-Tech Gründerfonds and DuMont Venture, have, together with a private investor, invested in online streaming company livedome GmbH.
GERMANY - HAARMANN bolsters tax practice
HAARMANN has hired Michael Graf as partner in the firm's Frankfurt-based tax practice, bringing the team up to seven members.
SWEDEN - Silex raises SEK 150m from Priveq et al
Priveq Investments and Northzone Ventures have, together with existing investor CapMan, subscribed to a capital increase worth SEK 150m of Silex Systems, a manufacturer of micro-electromechanical systems (MEMS).
BELGIUM - 3i backs EUR 728m buyout of Labco
A consortium of investors led by 3i backed a EUR 728m buyout of medical diagnostics business Labco.
SWEDEN - Valedo acquires BTI
Valedo Partners Fund I AB has acquired Broadcast Text International (BTI), a subtitling company, from ProSiebenSat.1 for an undisclosed sum.
FRANCE - PAI launches Akkadia
PAI Partners has launched Akkadia, an investor group that will manage funds dedicated to acquiring minority stakes in listed mid-cap companies. The firm will be led by Philippe Guez, who joins from Deutsche Bank.
UK - More private equity interest in Paragon
Reports suggest that struggling buy-to-let mortgage lender Paragon could become the subject of a private equity bidding war after Blackstone's interest in the company was made public yesterday, with the group confirming that it had received an approach...
UK - LDC promotes Jon Andew
LDC has promoted Jon Andrew to chief operating officer.
UK - Hellman & Friedman to take SSP Holdings private
Hellman & Friedman and IT systems provider SSP Holdings Plc have signed an agreement to take the company private in a deal that values the company at approximately £198m, based on an offer price of 190 pence per share.
FRANCE - Partners buyout Partech International
Partech has announced the management buyout of its European subsidiary Partech International Partners. The deal was led by managing partners Philippe Collombel and Jean-Marc Patouillaud, and was supported by the firms investors, including CIC, 123Venture,...
UK - Phoenix acquires Expotel and NIS
Phoenix Equity Partners has completed the duel acquisitions of hotel booking agencies Expotel Hotel Reservations and NIS Europe for an undisclosed sum.
GERMANY - AURELIUS acquires Berentzen Group
Industrial holding AURELIUS has acquired 75.1% of beverage company Berentzen-Gruppe AG from the family owners, and will make a mandatory takeover offer for the remaining shares.
DENMARK/UK – Lion Capital acquires FoodVest from CapVest
Lion Capital has agreed to acquire FoodVest Group, a frozen food manufacturer, from funds advised by CapVest Limited for an undisclosed sum.
UK - Impetus Trust hires John Leach
The Impetus Trust has hired John Leach, the former head of Barclays Capital's European sponsor coverage business, as investment director on a pro bono basis.
GERMANY - NORD Holding backs MBO of Schoeller-Electronics GmbH
NORD Holding Unternehmensbeteiligungsgesellschaft mbH has acquired the Wetter plant from the Ruwel Group as part of an MBO, for an undisclosed amount. Going forward the plant will once again operate under the name used at the end of the 90s; ‘Schoeller-Electronics...