News
UK - 3i agrees £228.6m take-private of Inspicio
3i has reached agreement on the terms of a recommended cash offer with the board of Inspicio Plc to acquire the business. Inspicio is currently listed on AIM. The offer made at 225p per share values food inspection company Inspicio at approximately ТЃ228.6m....
BULGARIA - Advent backs tile maker KAI
Advent International has acquired a 70% stake in KAI Group, the largest maker of floor, wall and decorative ceramic tiles in Bulgaria.
UK - IMAC invests £7.5m in QobliQ
Ingenious Media Active Capital Ltd (IMAC) has invested up to ТЃ7.5m in start-up company QobliQ Ltd. Qobliq was formed with the aim of creating an international innovative marketing services group, combining sponsorship, digital and experiential marketing....
SPAIN – N+1 exits Viscofan
N+1 has sold its 5% stake in Viscofan for approximately EUR 40m reportedly doubling its initial investment.
ITALY – Cape invests in healthy living
Cape LIVE has acquired a 3% shareholding in International Bar Holding, investing approximately EUR 2.5m.
SPAIN/PORTUGAL – GED backs business support services provider
Buyout house GED has acquired a 22.97% stake in Portuguese SERLIMA in a deal valued at approximately EUR 3m.
DENMARK - Ferd potfolio company makes acquisition
European Furniture Group (EFG), backed by Ferd Private Equity, has acquired 100% of the shares in Danish Bondo Kontormøbler A/S from the Garnell Family which has owned the company since 1984.
UK - Ynon Kreiz resigns as partner of Balderton
Balderton Capital, the pan-European venture investor, has announced that Ynon Kreiz has resigned as partner. As a consequence of resigning from Balderton Capital, Kreiz also resigns as a director of a number of the firmтs investee companies.
UK - Matrix realises 2.5x from cake exit
Matrix Private Equity Partners has realised 2.5x its original investment through the sale of Ministry of Cake to the Greencore Group, for ТЃ12m. The exit sees Matrix, which invested through three of its VCTs, receive ТЃ5m in cash from the sale. Over the...
SPAIN – Nauta Capital invests EUR 2.6m in biometrics firm
Buyout house Nauta Capital has invested EUR 2.6m in Agnitio, a biometrics security company.
CEE - Horizon Capital invests in FinComBank and MTB
Horizon Capital has acquired a 25% stake in Moldova-based FinComBank and a 31.5% stake in Belarus-based MTB, expanding its financial institution portfolio further.
DENMARK - Sofinnova and Gilde invest EUR 17.6m in Ascendis
Ascendis Pharma, a Copenhagen based pharmaceutical company, has attracted a EUR 17.6m series-A financing round. The investment round was co-led by Sofinnova Partners and Gilde Healthcare Partners. Zweite TechnoStart Ventures Fonds GmbH & Co KG also participated...
ROMANIA - Advent International acquires Ceramica for EUR 35m
Advent International has acquired a 70% stake in Bucharest-listed Ceramica Iasi, a ceramic bricks and clay roof tiles producer. The transaction total was EUR 35m including new investment. Advent has brought in a new management team following the acquisition....
GERMANY - Paul Hastings expands European platform
Law firm Paul, Hastings, Janofsky & Walker LLP has combined with Smeets Haas Wolff, an independent law firm in Germany. Located in Frankfurt, the newly-opened office strengthens Paul Hastings’ presence throughout Europe, as well as in the US and Asia....
GERMANY – KKR sells Argillon Group to Johnson Matthey
KKR portfolio company Demag Holding S.à r.l., based in Luxembourg, has signed an agreement to sell Argillon Group, a diversified company in advanced ceramic materials headquartered in Redwitz, to Johnson Matthey Plc, for EUR 214m in cash. In the fiscal...
GERMANY/LUXEMBURG – Odewald & Compagnie acquires SaarGummi from Orlando
Oldewald & Compagnie has acquired SaarGummi Technologies S.a.r.l in a secondary buyout from Orlando Management GmbH for an undisclosed sum. SaarGummi manufactures sealing systems and mouldings for automotive and industrial applications. The company employs...
UK - DLA grows team
DLA Piper has appointed Will Rosen as a partner in its corporate group.
UK - Duke Street buys value retailer from BPE for £68.5m
Duke Street Capital (DSC) has backed the ТЃ68.5m secondary management buyout of The Original Factory Shop from Barclays Private Equity (BPE). The Original Factory Shop is a value retailer, headquartered in Burnley, Lancashire. It has 84 outlets across...
SPAIN – 3i moves ahead with Café & Té
3i-backed coffee chain Café & Té is ready to expand its franchise network.
UK - Darwin Private Equity acquires Maximuscle for £75m from Piper
Darwin Private Equity has completed its first transaction with the ТЃ75m acquisition of sports nutrition company Maximuscle from Piper Private Equity. nabCapital provided acquisition finance to the deal alongside Royal Bank of Scotland and CapitalSource....
FRANCE - AtriA backs secondary MBO of Bois et Chiffons
AtriA Capital Partners have completed then secondary management buyout of Bois et Chiffons from Capzanine and CDC Capital Investments.
SPAIN – Demeter's third investment in renewables
French buyout house Demeter has invested EUR 16m in renewable-energy producer Ambene.
FINLAND - Creandum joins existing investors in Aito Technologies
Creandum has participated in a series-A funding round for Aito Technologies, a Finnish software company. Creandum joins Conor Venture Partners to support the business’ market expansion.
PORTUGAL/SPAIN – MCH and Explorer Investments acquire coffee distributor
Spanish and Portuguese buyout houses, MCH and Explorer Investments have acquired coffee distributor Nutricafés.