News
GERMANY – Apax eyes Escada
Apax Partners is rumoured to be interested in ailing fashion concern Escada, which is listed on Germany's S-Dax. Escada is Germany’s second largest listed fashion concern. Escada’s shares have lost a third of their value since summer, and the company...
GERMANY – Private equity houses bid for IKB
Several private equity houses and two banks have submitted bids for troubled lender IKB. According to press reports in Germany, bids were submitted by German banks WestLB and BayernLB, US private equity firms Ripplewood, JC Flowers and Lone Star as well...
DENMARK - Montagu-backed Unifeeder divests freight division
Montagu Private Equity’s portfolio company, Unifeeder, has sold its freight forwarding division to Blue Water Shipping, a Danish freight solutions company, for an undisclosed value.
FRANCE – Truffle backs consultancy in EUR 2m deal
Truffle Capital has pumped EUR 2.1m into French consultancy firm Eco-Carbone. The business was set up in 2001 as a specialist adviser for climate change mitigation. Eco-Carbone’s two main areas of focus are acting as a consultant to coal mines, and as...
SPAIN – Debaeque invests in software firm Oasyssoft
Barcelona-based venture firm Debaeque has invested EUR 3m in software company Oasyssoft.
SWEDEN - Procuritas acquires Olivia Group
Procuritas has acquired the majority of the shares in Olivia Group, a company that specialises in personal assistance for functional impaired individuals and elderly care services, for an undisclosed value. The management and its founder, Karsten Inde,...
UK – LDC backs £27m MBO of Davies Chartered Loss Adjusters
LDC has invested ТЃ8.6m in the ТЃ27m MBO of Davies Chartered Loss Adjusters, a provider of loss adjusting and associated claims services to the insurance industry.
UK – T-Mobile Venture Fund invests in Ubiquisys
T-Mobile Venture Fund has invested an undisclosed sum in Ubiquisys, a developer of 3G femtocells, joining existing investors including Google, Accel Partners, Atlas Ventures and Advent Venture Partners, .
FINLAND - Nexit Ventures holds first close on EUR 50m
Nexit Ventures has held a first close of its new wireless and mobile opportunities fund, Nexit Infocom II L.P, on EUR 50m. The vehicle is aiming to attract total commitments of EUR 100m+.
SPAIN – Clave Mayor in snacks manufacturer acquisition
Clave Mayor and the Development Company of Navarra (Sodena) have paid EUR 6.5m for a 46.4% stake in snack manufacturer Apex.