News
FRANCE - MBO Partners et al purchase Les Zelles
MBO Partners has completed a buyout of windows installation business Les Zelles, alongside SG Capital Partners, SGAM AI and the management team led by Robert Dollathas.
SPAIN - Bertelsmann in series-C financing for BuyVip.com
Bertelsmann Digital Media Investments (BDMI), the venture investment vehicle of the Bertelsmann Media group, has completed a EUR 10m series-C round of financing for internet multi-brand retailer BuyVip.
GERMANY – Equita acquires Kolbe-Coloco from INVEST EQUITY
Equita GmbH & Co Fonds 3 has acquired marketing services company Kolbe-Coloco Spezialdruck GmbH & Co KG from INVEST EQUITY for an undisclosed sum. INVEST EQUITY acquired the company in 2004.
UK - Entries due next Friday for The British Private Equity Awards
Unquote” is delighted to announce the fourth annual British Private Equity Awards. Entries are due NEXT FRIDAY (11 July) – please visit www.britishprivateequityawards.com for more information.
UK - Balderton invests in GDCM
Balderton Capital has invested an undisclosed sum in software company Global Datacentre Management (GDCM).
NORWAY - CapMan-backed Curato acquires SRI
CapMan-backed Curato, a medical imaging services company, has acquired 100% of Sentrum Røntgeninstitutt (SRI) for an undisclosed sum.
EUROPE - F&C closes on EUR 173m
F&C Management has held the final close of its Europe-focused mid-market fund-of-funds, F&C European Capital Partners, on EUR 173m.
DENMARK - Ventizz Capital Partners completes EUR 51m SSP acquisition
Ventizz Capital Partners, through Ventizz Capital Fund IV, has acquired a 72.28% stake in SSP Technology A/S, a Danish rotor blade manufacturer, in a deal that values the company at EUR 51m.
UK - Jefferies appoints managing director
Investment bank Jefferies International has appointed Andrew Bracey as managing director for its London office.
ITALY - Private equity firms compete for vending machine business
Market rumour suggests that Barclays Private Equity, Bridgepoint, Warburg Pincus and BC Partners are among the private equity firms shortlisted in the auction for vending machine distributor N&W Global Vending (formerly Zanussi).
SPAIN - Magnum joins bidding for renewable energy assets
According to reports, a month before the closing date for bids, Magnum Capital Industrial Partners has joined the auction for the renewable energy assets of Babcock & Brown in Europe.
UK - TPG pulls out of B&B deal
TPG Capital, which had been planning to invest £179m into mortgage lender Bradford & Bingley for a 23% stake, has pulled out of the deal after ratings agency Moody's confirmed last night that it intends to drop the banks credit rating, giving the private...
GERMANY – Consortium of investors inject EUR 4m into Revotar
New investor Goodvent GmbH, via IBG Risikokapitalfonds I, has joined historical investors MVC Unternehmensbeteiligungsgesellschaft mbH and Deutsche Life Science GmbH in a EUR 4m financing round for Revotar Biopharmaceuticals AG.
UK - Thule Investments supports Voice Commerce Group
Thule Investments, through its Brú II Venture Capital Fund, has invested an undisclosed sum in IT company Voice Commerce Group.
NORWAY - Epi-V injects £3.5m in i-Tec
Epi-V has invested £3.5m in i-Tec, an oil services company, for a minority stake.
CEE - Ashmore launches fifth global special situations fund
Ashmore has launched its latest emerging markets special situations fund, Ashmore Global Special Situations Fund Five.
CEE - PPF sells ARDAF and RAI
PPF Investments has sold its stakes in Romanian insurance companies ARDAF and RAI to Generali PPF for an undisclosed sum. PPF Investments previously held 72.7% of ARDAF and 99.9% of RAI.
GERMANY - Capital Dynamics opens office in Munich
Private equity asset manager Capital Dynamics has opened an office in Munich, which will be headed up by Dr. Katharina Lichtner, one of the founders of the firm.
RUSSIA - Almaz reaches first closing on USD 60m
Almaz Capital Partners has reached the first closing of its maiden fund, Almaz Capital Russia Fund I, on USD 60m.
FINLAND - Sentica Partners acquires Arme for EUR 25.5m
Sentica Partners has acquired Arme Oy, an industrial insulation company, from Panostaja Oyj in a deal that values the company at EUR 25.5m. The company CEO, Jukka Pyykö, remains a shareholder with a 20% stake.
SPAIN - Carlyle-backed Applus+ acquires testing and inspection group
Carlyle-backed Applus+ has completed the second bolt-on acquisition since the private equity firm acquired the business; US-based non-destructive testing and inspection (NDTI) firm JanX.
ITALY - Private equity interest in Bulgari
Market rumour suggests that Carlyle and Blackstone could be among several private equity firms interested in purchasing Italian fashion accessories house Bulgari.
GERMANY - Wellington Partners invests EUR 11m into GameDuell
Wellington Partners has invested EUR 11m into games website GameDuell.
FRANCE - AXA PE sells Bénédicta to Heinz
AXA Private Equity has agreed to sell condiments producer Bénédicta to H J Heinz Co for an undisclosed sum.