News
RUSSIA - Bessemer invests in Enforta
Bessemer Venture Partners has invested in Enforta, a Russian WIMAX network operator, in a $40m funding round.
DENMARK - Global Life Science Ventures et al. invest EUR 15m in Action Pharma
Action Pharma A/S, a Danish biotech company, has raised in total EUR 15m from new and existing investors.
UK - Accel Partners leads $15.5m OpenAds funding
Accel Partners has led a $15.5m series-B funding round for online advertising platform OpenAds, alongside exisiting investors Index Ventures, First Round Capital, Mangrove Capital Partners and O'Reilly AlphaTech Ventures.
AUSTRIA - The Entrepreneurs Fund invests EUR 1.35m in ProtAffin Biotechnologie
The Entrepreneurs Fund BV has invested EUR 1.35m in the second closing of a series-A funding round for biotechnology company ProtAffin Biotechnologie AG. Previously, Aescap Venture Management BV and Z-Cube Srl invested EUR 2.65m in the first series-A...
GERMANY - KfW joins other VCs in backing Protagen AG
Kreditanstalt für Wiederaufbau (KfW) has joined existing lead investors MIG AG and Co KG Beteiligungsfonds 3 and S-Venture Capital Dortmund GmbH in raising EUR 1m in interim financing for protein research company Protagen AG. This is the third round of...
UK - Barclays Ventures appoints new regional director
Barclays Ventures has continued the expansion of its Birmingham office with the appointment of Rupert Lyle as the new regional director.
NETHERLANDS - CapVest backs buyout of Drie Mollen from Gilde and AAC
CapVest Equity Patners II LP has acquired a majority stake in Drie Mollen International BV, a Dutch-based coffee company, from Gilde and AAC. Gilde and AAC, together with the management, acquired Drie Mollen in November 2002 in a management buyout.
GERMANY - EQUITA exits AKT Altmärker Kunststofftechnik
Equita Management GmbH’s Equita Fonds 2 has sold its minority stake in plastic components manufacturer AKT Altmärker Kunststofftechnik GmbH back to the founding management, which is the majority shareholder of the company. The company is headquartered...
FRANCE – Index Ventures leads EUR 7m B-round funding for Criteo
Index Ventures led existing investors AGF Private Equity and Elaia Parenters in a EUR 7m B-round of funding for Criteo, bringing the total financing the company has received to EUR 10m.
UK - LDC appoints new director to Edinburgh office
Lloyds TSB Development Capital (LDC) has appointed James Rodger as a director in its recently launched Edinburgh office.
UK - Alchemy hungry for Regent Inns
Alchemy Partners is reported to be interested in acquiring struggling pub owner Regent Inns, the operator of pubs including Walkabout and Old Orleans. The listed-group's share price rose by 27% on the news of a possible to takeover, to 21p. At 21p per...
SPAIN - Landon acquires stake in hotel chain
Grupo Corporativo Landon acquired a 47% stake in hotel chain Sercotel.
UK - Summit makes two promotions
Summit Partners has announced the promotion of two executives in its London office.
GERMANY - DLA Piper bolsters German team
DLA Piper has appointed M&A partner Dr Christoph Papenheim to its German Corporate and M&A practice. Papenheim joined DLA Piper in mid-January 2008 from the Frankfurt office of White & Case, together with associate Sven Friedrich. Papenheim has 12 years’...
DENMARK - SoonR attracts $9.5m from Cisco et al.
SoonR, a Denmark-based mobile computing company, has attracted a second round of financing worth $9.5m from a consortium of investors led by Cisco Systems. Other investors included Clearstone Venture Partners and Intel Capital, which also participated...
UK - Francisco Partners leads Data Connection funding
San Fransico and London-based venture capital firm Francisco Partners has led a significant investment round for telecom networking company Data Connection Ltd, alongside strategic partner Sequoia Capital.
ITALY - AXA Private Equity acquires hydraulics company
Axa Private Equity has backed the management buyout of hydraulics group Idroma.
UK - ACP abandons Davenham deal
ACP Capital has abandoned its planned takeover bid for specialist finance group Davenham, after it was refused access to the company's books.
UK - Vitruvian completes first deal with £55m acquisition of Latitude
Vitruvian Partners has completed its first deal, acquiring a majority stake in marketing agency Latitude Group Ltd as part of the ТЃ55m management buyout of the company.
SPAIN - Regional player Prince Capital Partners launches
Prince Capital Partners is set to launch as the first private financial institution investing in companies in the Asturian region, North West Spain.
FRANCE/ITALY - VCM opens first international office in Paris
German VCM Capital Management has opened its first international office in Paris which will be responsible for relationships in the French and Italian markets.
UK - Terra Firma finds £200m extra for EMI and makes job cuts
Terra Firma has today told staff at portfolio company EMI its plans to revive the fraught music group. Terra Firma intends to cut costs by ТЃ200m and will make between 1,500 and 2,000 staff redundant. The group's marketing budget will be curtailed while...
FRANCE – Japanese investors lead financing round in DiBcom
Japanese investors NIF SMBC Ventures led NTT Finance in a new round of financing for Dibcom. Clipperton Finance advised the French start-up on the deal.
NETHERLANDS - Buyout groups line up for $1bn sale of Exact software
According to reports, Exact Software, a company listed on Euronext Amsterdam, is being auctioned off for $1bn. It is understood that Candover, HgCapital, Hellman & Friedman and Providence Equity Partners have expressed interest in acquiring the company....