News
ITALY – Private equity interest in snack and beverage distributor
Merrill Lynch Global Private Equity and Argan Capital are set to launch an auction to find a new buyer for snack and beverage distributor N & W Global Vending. Several private equity buyers are reported to be potentially interested in making a bid, including...
GLOBAL – Carlyle signs MoU with Chinese provincial government
The Carlyle Group and the Department of Foreign Trade and Economic Cooperation (SDFTEC) under the Shandong Provincial Government in China have entered into a Memorandum of Understanding (MoU) to develop trade cooperation and stimulate investment in the...
ITALY – Intesa Sanpaolo invests in Somacis Group
Intensa Sanpaolo’s Fondo Mezzogiorno has acquired a 20% stake in electronics manufacturer Somacis Group for an undisclosed sum.
FRANCE – Sofinnova et al. inject EUR 7m into Qosmos
A syndicate comprising Sofinnova, Alven Capital and GFK AG has invested EUR 7m into software company Qosmos in a third financing round.
UK - MSIF's Mezzanine Fund in £1m buyout of Sterling Scaffolding
Merseyside Special Investment Fund (MSIF) has invested £350,000 from its Mezzanine Fund to support the £1m buyout of scaffolding supplier Sterling Scaffolding Services Ltd.
UK - Merseyside Mezzanine Fund puts £400,000 into Sovex
Merseyside Special Investment Fund's £20m Mezzanine Fund has supported Sovex Ltd, a company that designs, manufactures and installs vehicle loading systems and conveyors, with a £400,000 investment.
EUROPE – Keravac joins Campbell Lutyens from Calyon
Unquote” can reveal that Jean-Phillppe Keravec is to join private equity advisory firm Campbell Lutyens in June as a partner. Keravec joins the practice from Calyon’s private placement team.
SPAIN - SES Iberia acquires majority stake in Salgar
Espírito Santo Capital and Sigefi Private Equity, through their common fund SES Iberia, have acquired a 52% stake in bathroom accessories manufacturer Comercial Salgar in an LBO valued at EUR 48m.
SPAIN – Permira-backed Dínoslo gets go ahead
Permira portfolio company, commercial distributor Dínoslo, has announced the acquisition of seven supermarkets in the Canary Islands after approval was granted by anti-trust authorities. The deal was originally announced in December last year.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
UK - Aberdeen Asset Managers appoints investment manager
Aberdeen Asset Managers Growth Capital has appointed Robert Griffiths as investment manager in the Midlands and South West team.
UK - Longbow Capital backs CyDen in £2.8m funding round
Existing investor Longbow has led a £2.8m series-C funding round for CyDen Ltd, a medical devices developer, alongside Unilever Ventures.
NETHERLANDS – Lazard eyes Arcomet
According to reports, the private equity arm of Lazard and Sofina may be set to acquire a stake in crane company Arcomet. The news follows the launch in June 2007 of a sale process to find a new partner for the business.
UK - GIP closes $5.64bn fund
Global Infrastructure Partners (GIP) has closed its first fund on $5.64bn. This is GIP's first third-party fund, having previously invested from the balance sheet of founding institutions Credit Suisse and General Electric.
SPAIN – Diana Capital appoints two new recruits
Diana Capital has recently appointed David Polo and Rafael Pinedo as investment director and analyst respectively.
CEE – ARX targeting EUR 125m for third CEE fund
ARX is raising its third fund dedicated to Central and Eastern Europe, Arx CEE III, with a target of EUR 125m, of which the European Bank for Reconstruction and Development will commit up to EUR 30m.
GLOBAL – Morgan Stanley close USD 4bn fund
Morgan Stanley has announced the closing of a USD 4bn private equity fund dedicated to infrastructure projects. The fund far exceeded its initial USD 2.5bn target and is one of the largest infrastructure funds raised to date.
UK - Private equity interest for RBS’s insurance arm
The auction of Royal Bank of Scotland’s insurance arm is due to begin this week and is expected to field a large collection of financial and strategic investors alike.
UK - Seraphim puts £2m in Aria Networks
Seraphim Capital has invested £2m in Aria Networks, a developer of next-generation artificial-intelligence software.
UK - Doughty Hanson appoints Adam Black
Doughty Hanson & Co has appointed Adam Black, who will take responsibility for sustainability matters within the firm.
UK - Graphite hires four
Graphite Capital has hired Kane Bayliss, Mark Hall and Omar Kayat as investment managers, and Mudassir Khan in a financial anlaysis role.
SWEDEN - Accent acquires Nordic Shelter Solutions
Accent Equity 2008 has completed the MBO of Nordic Shelter Solutions (NSS), a Swedish provider and developer of sheltering and warehousing solutions, from investors represented by Helmet Business Mentors for an undisclosed value.
SWEDEN - TPG Growth in $40m series-A funding for Albiero
Albiero, a Swedish biotechnology business, has closed a $40m series-A funding round with new commitments from TPG Growth. The company previously attracted $27m in February this year from Nomura Phase4 Ventures, TVM Capital and Scottish Widows Investment...
AUSTRIA/ITALY - Capexit acquires Anzi Besson
Capexit has acquired ski wear company Anzi Besson S.R.L., located in Turin. The business is to be held by newly established entity Besson Sportswear GmbH, which is located in Austria and owned by Capexit and the management.