News
UK - Fred Kindle joins Clayton, Dubilier & Rice
Clayton, Dubilier & Rice (CD&R) have appointed Fred Kindle as partner.
ITALY – Private equity interest in financial data supplier
According to reports, a number of private equity frims, including De Agostini-Investitori Associati, Bain Capital, Argan Capital, BC Partners, Apax, Clessidra and Candover, are interested in acquiring financial data provider Cerved Business Information.
ITALY – MPS Venture takes 60% stake in bio-tech firm
MPS Venture, through its fund Siena Venture, and venture firm Biofund have acquired a 60% stake in biotechnology firm Externautics in a deal valued at EUR 2.5m. The remaining stake is held by biotech firm Primm.
GLOBAL – Lime Rock closes fifth fund on USD 1.4bn
Lime Rock has closed its fifth fund, Lime Rock Partners V LP, on USD 1.4bn. The fund will continue the firms focus on global growth capital opportunities in energy projects.
CEE - Kerten acquires three Polish companies
Kerten Capital has acquired three Polish companies: SKS Pipes, a plastic pipes manufacturer, and Kamot and Kisan, both of which are car components assembling businesses.
CEE - Abris Capital acquires a stake in Fundusz
Abris Capital has acquired a stake in Fundusz Mikro, a Polish micro loan provider.
GERMANY - Wellington Partners invests in amiando
Wellington Partners has led a series-A round of financing for amiando, an online events organizing platform, alongside co-investor Adinvest.
GERMANY - Barclays Private Equity acquires Konrad Hornschuch
Barclays Private Equity has acquired surfaces specialist Konrad Hornschuch AG from a syndicate comprising DZ Equity Partner, L-EA, the mid-cap funds of state-owned L-Bank, and the management, for an undisclosed amount. The management retains a significant...
GERMANY - AUCTUS finances Career Partner portfolio acquisition
AUCTUS funds have, together with Dr Florian Schütz, acquired hotel and tourism management school Steigenberger Akademie as part of a buy-and-build strategy for portfolio company Career Partner.
GERMANY - Earlybird to sell dooyoo
Earlybird has agreed to sell consumer report website dooyoo AG to Paris-based e-commerce shopping guide LeGuide.com SA for an undisclosed amount.
ITALY – Apax led consortium acquires stake in Weather Investments
Apax Partners, Madison Dearborn Partners and TA Associates have acquired a 10% stake in Weather Investments, the Italian holding company of Egyptian billionaire Naguib Sawiris, in a deal valued at approximately EUR 1bn.
UK - ACP Mezzanine to raise EUR 80m
ACP Mezzanine Ltd, a subsidiary of ACP Capital Ltd, has announced plans to raise EUR 80m through a secondary placing to new and existing investors. A total of 133.33 million shares would be placed priced at 60 pence per share.
SWEDEN - Triton extends acceptance period for Cision offer
Triton, through its holding company Cyril Acquisitions, has extended the acceptance period for its SEK 1.5bn takeover bid for Cision, a Stockholm-based PR, IR and marketing communications business.
GERMANY - GESCO admitted to SDAX
The Prime Standard-listed investment holding company GESCO AG has been admitted to the SDAX, the small cap index of the Deutsche Börse, effective from 23 June 2008.
RUSSIA - Mangrove and ABRT pour USD 1m into EnterMedia
According to sources, Mangrove Capital Partners and ABRT have injected USD 1m into EnterMedia, a Russian in-game advertising company.
UK - Impax appoints new investment manager
Impax Asset Management has appointed Lee Clements as investment manager.
UK - Research reveals mixed verdict on Walker guidelines
A new study conducted by business and financial adviser Grant Thronton has revealed a mixed response to the Walker Report guidelines from UK private equity professionals.
FRANCE - Financière Agache Private Equity takes 37% of Paprec
Financière Agache Private Equity, part of Groupe Arnault, has taken a 37.74% stake in recycling business Paprec for EUR 100m. The founder and CEO Jean-Luc Petithuguenin has rolled over a 38% holding through holding company JLPP.
EUROPE - Carlyle closes third European real estate fund on EUR 2.2bn
The Carlyle Group has closed its third European real estate fund, Carlyle Europe Real Estate Partners III (CEREP III), on EUR 2.2bn, exceeding its EUR 1.5bn target. Including leverage, the vehicle will have an investment capacity of EUR 9bn.
UK - Aberdeen backs buyout of Nessco
Aberdeen Asset Managers Growth Capital has led an equity investment of £4m to support the management buyout of Nessco Group, a telecommunications services provider.
NETHERLANDS – Big Bang and HENQ invest in Wakoopa
Big Bang Ventures and HENQ have invested in Wakoopa, a Dutch social network site for software users. This funding follows on from an initial investment into the company in January 2007 by the Dutch Creative Industry Fund, which was founded by the four...
ITALY - Mandarin Capital takes control of Gasket
Mandarin Capital Partners has acquired a majority stake in industrial manufacturer Gasket, with the founding owners retaining the balance.
SPAIN – Axón Capital backs Virgin Play with EUR 2.5m
Axón Capital has invested EUR 2.5m in video game developer Virgin Play. The company is also backed by Japanese firm Amuse Entertainment, owner of Japanese listed company AQ Interactive and the private equity fund Spinnaker.
NETHERLANDS - Summit Partners invests in Flow Traders
Summit Partners has acquired a minority stake in Flow Traders, an electronic trading firm.