News
GERMANY - Klaus Weber to head 3i's growth capital team
Klaus Weber has joined 3i to head its growth capital team in Frankfurt. He succeeds Andreas Kochhäuser, who will leave the company. Prior to this role, Klaus Weber was head of acquisition finance for French bank Calyon in Frankfurt, following various...
CEE - GED acquires Plus GSM
Through its GED Eastern fund II for Eastern Europe, GED has acquired Plus GSM, a specialist in mobile telephone services.
UK - Palamon appoints Lorenzo Pellicioli to its board of advisors
Palamon Capital Partners has appointed Lorenzo Pellicioli to its board of advisors. Pellicioli is currently CEO of the De Agostini Group, the Italian conglomerate with interests ranging from finance to publishing. As the CEO of Seat Pagine Gialle from...
ITALY - Innogest makes close to 200% IRR on exit
Innogest capital has netted an IRR of close to 200% through the sale of its 20% stake in high-tech player Singular ID.
SPAIN - Carlyle and Vista acquire 50% stake in online travel agency
Carlyle and Vista-backed Orizonia has acquired a 50% stake in online travel agency Rumbo.
FRANCE – Decomeubles Partners acquires BUT for EUR 550m
Decomeubles Partners, which is backed by a consortium composed of Colony Capital, Goldman Sachs and Merchant Equity Partners, has acquired BUT for EUR 550m from Kesa Electricals. The EUR 550m purchase price is subject to adjustment for debt and other...
ITALY - Intesa Sanpaolo acquires 16% stake in Gruppo Goglio
Intesa Sanpaolo has acquired a 16% stake in plastic packaging manufacturer Goglio in a deal valued at approximately EUR 20m.
GERMANY - DZ Equity acquires melvo GmbH in a management buyout
DZ Equity Partner GmbH has acquired, together with the management, a 49% stake in footwear care products company melvo GmbH from HANNOVER Finanz for an undisclosed sum. Melvo GmbH was founded in 1998 as a subsidiary of shoe manufacturer Salamander Group...
BELGIUM - Iris Capital injects EUR 10m in Clear2Pay
A consortium led by Iris Capital has injected EUR 10m in Clear2Pay, a financial technology company.
SWITZERLAND - LPX launches new private equity index
LPX, the Swiss-based publisher of research and indices on global listed private equity, has launched a new index, LPX Direct, created in partnership with Bank Julius Baer & Co. Ltd. LPX Direct is LPX’s twelfth private equity index and covers only those...
GERMANY - Mid-market buyouts unscathed by finance crisis
According to a statement issued by Deutsche Beteiligungs AG, activity in the mid-market buyout space in Germany is unbroken and is evidently unimpeded by the liquidity crisis. Market data issued today supports this: 35 transactions were recorded in 2007,...
GERMANY - Kottmann to stand for election to supervisory board of Deutsche Beteiligungs
Dr Hariolf Kottmann has been nominated to stand for election to the supervisory Board of Deutsche Beteiligungs AG at the Annual Meeting on 14 March 2008. He is to replace Mr Walter Schmidt, who announced his resignation from the board and will leave his...
UK - xénos facilitates £125,000 investment in bioscience company
xУЉnos has faciliated a ТЃ125,000 business angel investment in bioscience company Asphalia Food Products. xУЉnos is a subsidiary of Finance Wales. Following the deal, the Wales Business Angel Network, xУЉnos owns a 20% stake in the company.
FRANCE – Argos Soditic leads MBI of Groupe Mertz
Argos Soditic associated themselves with an external manager and current director Jérôme Begey to acquire Mertz SA and Mertz Conteneurs, collectively know as Groupe Mertz, in an MBI deal of undisclosed value.
UK - BOSIF invests £12m+ in Quartix
Bank of Scotland Integrated Finance has invested a combined debt and equity package in excess of ТЃ12m in Quartix Ltd, a supplier of vehicle tracking systems. As a result of the deal, BOSIF has taken a 20% stake in the business, the balance is held by...
UK - ISIS backs £20m buyout of software company
ISIS Equity Partners has completed the ТЃ20m management buyout of CSC, a structural engineering software company. Yorkshire Bank provided a debt package to support the deal.
UK - Charterhouse strengthens team
Charterhouse Capital Partners has announced several personnel changes to its investment team. Geoff Arbuthnott has decided to leave the company. Charterhouse has made two new appointments to the team - Tim James has joined the firm from LGV and Robert...
CEE - Invest Equity buys Roltechnick
Invest Equity has acquired Roltechnick, a Czech sanitary company.
UK - Stirling Square appoints Julien Horreard as associate
Stirling Square Capital Partners has appointed Julien Horreard as an associate.
UK - SEB leads £6m series-C funding for ShoZu
SEB Venture Capital has led a ТЃ6m series-C funding round for mobile application developer ShoZu, alongside existing investors Atlas Ventures, Crescendo Ventures and TTP Ventures.
UK - Advent International appoints new head of portfolio board development
Advent International has announced that Conor Boden has joined the firm to take up the newly-created role of head of portfolio board development. Boden formerly worked at 3i. His main focus will be on extending Adventтs existing operating partner programme....
ITALY - Private Equity Partners acquire foundry Anselmi
Private Equity Partners has acquired foundry Anselmi in a management buyout deal.
ESTONIA - Alta Capital Partners appoints two new partners
Alta Capital Partners has expanded its team with the addition of two new partners – Priit Põldoja, the current managing director of Hansapank Estonia, the Estonian arm of the leading Baltic banking group, and Patrick Querubin, previously the managing...
UK - Zeus completes MBO of XLN Telecom
Zeus Private Equity (ZPE) has completed its fourth deal, backing the management buyout of telecommunications solutions provider, XLN Telecom Ltd. ZPE has invested ТЃ6.63m to acquire a majority stake in the business. Kaupthing Singer & Friedlander has...