News
UK - Bridges backs The Gym with £1m
Bridges Ventures has invested a first tranche of £1m in The Gym, a low cost gym provider.
FRANCE - EdRIP exits Groupe Alturia
Edmond de Rothschild Investment Partners (EdRIP) has ceded its minority stake in consultancy company Groupe Alturia in a trade sale to Alma Consulting Group. Company founder and majority shareholder Henry Robet has also exited his stake in the company.
UK - Rutland hires new analyst
Rutland Partners has hired Kajen Mohanadas as an investment analyst.
NETHERLANDS - GIMV acquires Bandolera
GIMV has acquired a majority stake in Bandolera, a Dutch clothing company. The management retains a substantial minority stake.
ITALY - Cape LIVE to invest EUR 5m in new SME fund
Cape LIVE is to commit EUR 5m to Equilybra Capital Partners, a private equity fund that is designed to invest in public and private SMEs.
UK - Phoenix strikes £21.5m Busaba deal
Phoenix Equity Partners has invested in Busaba, a Thai food restaurant chain founded by Alan Yau, the brains behind Wagamama, in a deal that values the company at £21.5m.
CEE - Salans launches CEE French Desk
Salans has expanded its service for French investors in Warsaw and Paris to include its offices in Prague, Bucharest, Budapest, Bratislava, and Istanbul through the creation of the CEE French Desk.
EUROPE – EVCA appoints Andreas Schober
The European Private Equity & Venture Capital Association (EVCA) has appointed Andreas Schober, vice chairman of Germany-based Hannover Finanz, to its supervisory board.
ITALY – DGPA acquires 70% stake in industrial group
DGPA Capital has acquired a 70% stake in industrial holding Viterie Italia Centrale (VIC), with the remaining 30% being retained by the son of the founding owner, Carlo Perini.
FRANCE - Oséo backs EUR 580,000 Neli financing
Start-up business Neli Technologies, which develops technology for the digital television sector, has secured EUR 580,000 in new financing, with EUR 260,000 coming from Oséo, EUR 220,000 from business angels, EUR 100,000 from Bretagne Jeunes Entreprises,...
CEE – Penta sells Košice Airport stake
According to sources, Penta has sold its stake in KSC Holding, which owns a 66% stake in Košice Airport, to Flughafen Wien for an undisclosed sum.
SWEDEN - Verdane acquires portion of Pelago portfolio
Verdane Capital has acquired a portion of three of Pelago Venture Partner’s portfolio companies for an undisclosed sum.
DENMARK - Doughty Hanson acquires Svendborg for EUR 460m
Doughty Hanson has acquired 100% of Svendborg Brakes A/S, a provider of industrial brake solutions, for EUR 460m from the two founding entrepreneurs.
UK - Oxford Capital Partners makes appointment
Oxford Capital Partners has appointed Richard Hoskins as private client services manager.
FRANCE - ASI invests in Drimki
Ambient Sound Investments (ASI) has completed a seed round investment in Drimki.
UK - BVCA report reveals impressive 2007 for UK private equity
The BVCA today released its report on investment activity in 2007, which revealed an increase of more than a third in terms of total investment by UK private equity firms and a substantial rise in cross border transactions.
FRANCE - TechFund leads EUR 5m investment into Miyowa
TechFund Europe, alongside Crédit Agricole Private Equity, has invested EUR 5m into software company Miyowa in a second round of financing. Venture capital firms Techfund and Sophia Euro have both previously supported the company with EUR 1.5m, taking...
GERMANY - White & Case boosts Hamburg team
White & Case has hired Dr Markus Althoff to boost the M&A/corporate team based in its Hamburg office.
FRANCE - AXA PE portfolio company acquires Dylon
AXA Private Equity portfolio company Spotless group has acquired UK-based company Dylon international limited.
RUSSIA - A1 et al sell Vladpivo
Alfa Group's private equity arm A1, Detroit Investments and the International Finance Corporation (IFC) have sold Russian brewer Vladpivo to SAB Miller for an undisclosed sum.
FRANCE - AGF PE continues to back Yoono
AGF Private Equity has returned for a EUR 4m round of financing for Yoono, a software developer. Previously AGF Private Equity had invested EUR 1.7m in first round of funding in 2006.
GERMANY - Salans to open in Frankfurt
Salans will open a German office in Frankfurt on 1 July 2008. The team of eight is headed by partners Dr Matthias Haas and Holger Scheer.
SWEDEN - Atle Industri sells Nordhydraulic
Atle Industri, which is 50% owned by 3i and Ratos, has sold Nordhydralic, a hydraulic business, to German company Hydac for an undisclosed sum. The deal generates an exit gain of approximately SEK 100m for both Ratos and 3i.
FRANCE - Abénex Capital strengthens team
Jérome Vandermarcq has joined Abénex Capital as manager.