News
FRANCE - Weinberg Capital Partners takes majority stake in Groupe Amplitude
Weinberg Capital Partners has acquired a majority stake in hip and knee implant specialist Groupe Amplitude alongside the founders and original investor Initiative & Finance.
UK - 3i and Terra Firma walk away from Novera
3i and Terra Firma, who had been considering making a bid for Novera Energy, the landfill gas and wind farm company, have withdrawn their interest in a possible takeover.
UK - LDC portfolio company acquires Millennium Insurance
LDC-backed Direct Group, an provider of outsourcing services to the insurance industry, has acquired Millennium Insurance, a provider of general insurance solutions, for an undisclosed sum.
UK - Lehman Brothers invest in Graphite Resources
Lehman Brothers Private Equity has, alongside management and other investors, completed the buyout of waste management company Graphite Resources, taking a 45.3% stake in the business.
UK - Octopus invests £1.25m in The Key Revolution
Octopus Ventures has invested £1.25m from its Octopus Titan VCTs into authentication and encryption technology company The Key Revolution in return for a substantial stake in the company.
UK - Biffa banks sell down debt
The banks that financed the buyout of Biffa in April 2008 have completed the syndication of £1bn of debt.
UK - Bestport and Close Ventures exit Grosvenor Health in £19.6m sale
Bestport Ventures and Close Ventures have exited their investment in healthcare provider Grosvenor Health Ltd through a trade sale to service company Serco Group for a total consideration of £19.6m.
GERMANY - HANNOVER Finanz backs OBO of Spectral
HANNOVER Finanz has backed the owner buyout of Spectral Audio Möbel, a provider of tailored solutions for TV and music systems, taking a 40% stake in the company.
GERMANY - Barclays Private Equity backs MBO of Novem Group
Barclays Private Equity has, alongside the management, acquired Novem Group, a manufacturer of car interior design products consisting of CID Car Interior Design Holding GmbH and all subsidiaries, for an undisclosed amount. Barclays Private Equity will...
GERMANY - Ventizz exits ersol Solar Energy for EUR 546.4m
Ventizz Capital Fund II LP, along with its subsidiary Ventizz II Jersey Holding LP, has signed agreements with Robert Bosch GmbH regarding the sale of its holding in ersol Solar Energy AG, amounting to 50.45% of the share capital, for a total consideration...
FRANCE - AtriA divests Rivard
AtriA Capital Partenaires has exited its holding in portfolio company Rivard, a provider of industrial cleaning machines, in a trade sale to Alamo Group Inc.
UK – TPG to acquire 23% of Bradford & Bingley
According to reports, TPG Capital is set to acquire a 23% stake in buy-to-let lender Bradford & Bingley for £179m. Other investors will be putting in £258m, while fees for the rights issue are thought to be around £37m. Bradford and Bingley will therefore...
UK - Nomura tries out new investment model
Saniago Corral, head of Nomura Internationals' London-based European Funds group, is trying out a new investment model designed to win over skittish institutional investors.
SWEDEN - Segulah sells its remaining stake in HMS
Segulah II LP has sold its remaining 6.1% stake, corresponding to 649,105 shares, in communication technology supplier HMS Networks AB, which was floated in October 2007. The stake was sold to Latour, an investment firm owned by Gustaf Douglas that already...
UK - Investec provides £11m follow on funding for Telinet
Investec Growth & Acquisition Finance has continued its support of telecommunications provider Telinet Group, providing a follow on investment of £11m in the form of preferred equity to finance the acquisition of IT outsourcing company Pasporte Ltd.
UK - Gresham appoints new investment partner
Gresham has appointed Dan Hatcher as investment partner.
UK - LGV acquires SandpiperCI division
LGV Capital has acquired the Hospitality Division of Duke Street-owned SandpiperCI, a Jersey-based food retailer.
UK - SGAM AI and CM-CIC back £11m Jobpartners investment
Société Générale Asset Management Alternative Investments (SGAM AI) and CM-CIC Private Capital have taken part in a £11m third round of funding for HR software company Jobpartners.
UK - Carlyle interested in Filtronic
Carlyle Group has announced that it is looking into a possible acquisition of listed electronics group Filtronic Plc.