News
CEE - Advent International promotes Chris Mruck to managing partner
Advent International has promoted Chris Mruck to managing partner of its Central and Eastern European team in Prague.
UK - Buyout houses ready for Prêt
Advent International, Bridgepoint and Morgan Stanley are all reported to be preparing bids for UK sandwich chain PrУЊt a Manger. However, the ТЃ400m-plus price tag on the asset is unlikely to be realistic, owing not only to market wobbles but also to...
FRANCE - A Plus Finance invest EUR 2m in Novalys
A Plus Finance invested EUR 2m in software company Novalys. Novalys generates 40% of its turnover in Exports. The investment will be used to continue its expansion abroad.
NETHERLANDS - BioGeneration and PPM Oost invest in NovioGendix
BioGeneration and PPM OOst have invested in NovioGendix, a Dutch-based company.
UK - Endless appoints new investment manager
Endless has appointed Simon Mason as investment manager in its Birmingham office.
ITALY - Intesa Sanpaolo invests EUR 7m in software company
Intesa Sanpaolo has taken a 23% stake in software company Dedalus in a deal valued at EUR 13.6m, to which the investor provided EUR 7m.
SPAIN - CVC acquires majority stake in restaurant chain
CVC-backed Grupo Zena has acquired a majority stake in restaurant chain La Vaca Argentina in a deal reportedly valued at EUR 18m.
SPAIN - Investor Growth Capital acquires 26% stake in TDT
Swedish venture capital firm Investor Growth Capital has acquired a 26% stake in Televisión Digital Terrestre (TDT).
UK - MSIF invests £1.4m to support Aerogistics expansion
Merseyside Special Investment Fund (MSIF) has made an investment of ТЃ1.4m to support the growth of aerospace supply chain management company Aerogistics.
SPAIN - Capital Energy searchs for private equity investors
Energy group Capital Energy is seeking to raise EUR 100m in private equity investments.
FINLAND - CapMan Technology 2007 closes on EUR 142m
CapMan Technology 2007 has closed on EUR 142.3m, just short of its EUR 150m target. The vehicle employs a 10+1+1 structure and is based in Gurnsey.
UK - YFM and NESTA support ProVision with £750,000
The YFM Group-managed South West Venture Fund and Finance South West Growth Fund, along with NESTA investments, have invested ТЃ750,000 into digital wireless video technology company ProVision Communications.
DACH - Ventizz Capital Fund IV closes on EUR 450m
Ventizz Capital Partners has closed Ventizz Capital Fund IV LP with EUR 450m of total commitments, making the fund one of the largest private equity vehicles for the DACH region. Raised in approximately six months, the fund closed above its initial EUR...
UK - Oxford Capital Partners leads £1.2m investment in waste water technology
Oxford Capital Partners has led a ТЃ1.2m investment in Microbial Solutions Ltd, a waste water treatment company. H20 Venture Partners and existing investor Rainbow Seed Fund also participated in the funding round. Microbial Solutions is a newly formed...
UK - ISIS leads £7m investment in MBO of Playforce
ISIS Equity Partners has led a ТЃ7m investment to support the management buyout of Playforce, a supplier of children's play areas to schools. ISIS invested from its Baronsmead VCTs alongside debt underwritten by HSBC.
PORTUGAL - Explorer Investments acquires construction company
Explorer Investments has acquired industrial player Cosntrutora da Ferraria through its fund Explorer I.
UK - Matrix looks to raise additional £15m for Income & Growth VCT
Matrix Private Equity Partners (MPEP) is aiming to raise ТЃ15m in an S share offer for The Income & Growth VCT, formerly named TriVest VCT, on the back of strong performance in the sector and by MPEP. The new S share fund will be managed separately from...
SWEDEN - Industrifonden and Via Venture supports Tonium with SEK 35m
Industrifonden, Via Venture Partners and Arvid Svensson & Ekstranda Media AB have invested SEK 35m in Tonium AB, a developer of portable DJ-systems.
FRANCE - Gérard Horvilleur named president of Dahlia Partners
Gérard Horvilleur has replaced Jacques Darcy as president of Dahlia Partners, the fund of funds subsidiary of Natixis Private Equity.
NETHERLANDS - BioGeneration Ventures invests in Progentix Orthobiology
BioGeneration Ventures has invested in Progentix Orthobiology.
UK - CGC confectionery portfolio company makes £58m acquisition
Close Growth Capital's (CGC) confectionery porfolio company Tangerine has agreed to acquire Monkhill Confectionery from Cadbury Schweppes for ТЃ58m in cash. The deal is subject to completion in February. This will be the second major purchase by Tangerine....
GERMANY - TVM Capital backs Riemser Arzneimittel AG
Munich and Boston-based TVM Capital has invested an undisclosed sum in Riemser Arzneimittel AG. TVM Capital now holds 10% of the Riemser AG shares. TMV Capitals plans to help transition and grow Riemser Arzneimittel AG into an international corporation....
FINLAND - CapMan completes MBO of Varesvuo Partners
CapMan Buyout Fund VIII together with Roope Lerthinen and the company’s management, have completed a management buyout of Varesvuo Partners Oy, a Finnish television content and film production business for an undisclosed value.
UK - Zeus backs £22m+ buyout of networking services supplier
Zeus Private Equity has completed its third deal with the management buyout of networking services supplier Electranet (UK) Ltd. ZPE has invested ТЃ6m as part of a funding package worth more than ТЃ22m. HSBC provided senior debt and working capital facilities....