News
UK - ISIS to buy TravelJigsaw
Reports suggest that ISIS Private Equity is to close a buyout of international car hire provider TravelJigsaw, which trades as Carhire3000.com, in the coming week.
Uk - Hermes hires two
Hermes Private Equity has appointed Peter Gissel as partner and Mark Nunny as investment manager.
UK - 3i supports USD 45m fundraising for ApaTech
3i Plc and HealthCor Partners have invested USD 45m in ApaTech, a developer and provider of synthetic bone graft technologies.
UK - Sussex Place leads £1.5m investment in MyGoodness
Sussex Place Ventures has led a £1.5m investment into MyGoodness Ltd, owner of sports drink brand For Goodness Shakes, in return for a minority stake. The investor was joined in the financing by a number of private investors and family offices.
ITALY – Alto Partners-backed Rancilio acquires Egro Coffee
Alto Partners portfolio company Rancilio, a coffee machine manufacturer, has acquired a 52% stake in Swiss company Egro Coffee Systems. Rancilio previously held a 25% stake in Egro making its current holding 77%.
UK - Carlyle acquires Cash Systems in £360m deal
The Carlyle Group, through its fund Carlyle Europe Partners III, has acquired Cash Systems, a provider of cash handling technology, from De La Rue Plc for an enterprise value of £360m.
UK - Liautaud to join Balderton Capital
Balderton Capital has hired Benard Liautaud as general partner.
EUROPE - Lazard recruits Wouter Gabriels
Lazard has recruited Wouter Gabriels as managing director in investment banking in Europe.
UK - HG Capital invests £42m in Achilles
HG Capital has invested £42m in data management and validation services provider Achilles. The total deal value has not been disclosed.
GERMANY - 3i sells German portfolio to Heidelberg Capital
3i Group Plc has sold a portfolio of 23 minority stakes in German companies to Heidelberg Capital for an undisclosed sum. This represents the second portfolio of investments 3i has divested in the last two months as part of its plan to sell off small...
UK - Hotbed members get access to mainstream fund
For the third year running, private investor syndicate Hotbed Ltd has given its members the opportunity to invest alongside institutional investors by participating in a mainstream private equity fund run by Parallel Private Equity.
UK - Finance Cornwall invests in Nature Paint Ltd
Finance Cornwall has invested an undisclosed sum in ecological paint manufacturer Nature Paint Ltd. Management also invested through Atticus Ltd and CAG Ltd, while Royal Bank of Scotland and South West Investment Group provided additional working capital...
UK - Finance Cornwall invests in Nature Paint Ltd
Finance Cornwall has invested an undisclosed sum in ecological paint manufacturer Nature Paint Ltd. Management also invested through Atticus Ltd and CAG Ltd, while Royal Bank of Scotland and South West Investment Group provided additional working capital...
GERMANY - Watson Farley to merge with Oldenbourg Plus
UK law firm Watson Farley & Williams is to merge with German private equity boutique Oldenbourg Plus, which will give the firm its first office in Munich.
UK - IMAC invests £7m into Review Centre
Ingenious Media Active Capital (IMAC) has invested £7m into Review Centre Ltd, a newly formed company that has been set up to acquire review website operator Resource Team Ltd, in exchange for 71.5% of the company's shares.
NORWAY - Nordic Capital acquires SafeRoad from Reiten
Nordic Capital Fund VII has acquired SafeRoad AS, a supplier of traffic solutions, from Reiten & Co for an undisclosed sum. No returns figures have been disclosed.
UK - 3i Infrastructure buys £86m of utilities debt
3i Infrastructure has invested £86m to buy debt in utilities including Thames Water, Viridian and National Grid Wireless.
UK - Close Ventures invests £1.35m in Vibrant Energy
Close Ventures has injected £1.35m into energy services company Vibrant Energy Surveys Ltd as part of a £1.5m funding round.
SWEDEN - Triton fails to secure Cision bid
Triton, through its holding company Cyril Acquisitions AB, has failed to secure the 90% acceptance rate for its SEK 1.5bn take private of Cision, a Stockholm-based PR and marketing communications consultancy business, after Skandia Liv, who holds 6.3%...