News
SWEDEN - Segulah acquires natural snack business Nilssons Gott
Segulah III L.P has acquired Nilssons Gott AB, a Swedish producer of natural snacks for an undisclosed sum. The founder, Rolf E. Nilsson, will retain a 20% shareholding in the business.
DENMARK - Montagu sells VetXX to Dechra Pharmaceuticals
Montagu Private Equity has sold VetXX, the Danish developer, producer and marketer of animal veterinary products, to UK-based Dechra Pharmaceutical, an international veterinary pharmaceutical business.
UK - Nova Capital Management expands team
Nova Capital Management has appointed Adam Robson to its portfolio management team as an operating partner. He joins from Molins Plc where he was an executive board member responsible as managing director for two of its divisions in Scientific Services...
UK - Dunedin exits Trafficlink in £16.5m deal
Dunedin has sold Trafficlink, a distributor of traffic and travel data to ITIS Holdings Plc for ТЃ16.5m. The deal has generated a money multiple of 3x on Dunedin's seven year investment. Trafficlink's information reaches 42 million people each week with...
SPAIN/US – Candover rolls in for more amusement
Candover-backed Parques Unidos has reportedly approached US-based recreational player Kennywood Entertainment with a purchase offer for its amusement park holdings.
FRANCE - Forbion leads EUR 30m B-round financing of Fovea Pharmaceuticals
In France's largest early-stage biopharmaceutical deal for a year, Fovea Pharmaceuticals has raised EUR 30m from a syndicate of venture capital investors led by Forbion Capital Partners.
SOUTH AFRICA - unquote" Private Equity Congress - South Africa
unquote” and the South African Venture Capital & Private Equity Association are teaming up to host the unquote” Private Equity Congress South Africa on 7 February 2008. Held in Cape Town, the event will bring together regional veterans as well as global...
FRANCE - Partech, Elaia and IRDI invest EUR 2.3m in GooJet
Partech International, Elaia Partners and IRDI have announced a EUR 2.3m investment in mobile software developer GooJet.
GERMANY – KKR and Permira acquire 12% of ProSiebenSat.1
KKR and Permira have together acquired an additional 12% of listed German television corporation ProSiebenSat.1 Media AG for EUR 509.4m. The 12% shareholding was previously held by publishing group Axel Springer.
FRANCE - Wellington Partners invests EUR 10m in TravelHorizon
Munich-headquartered Wellington Partners has invested EUR 10m in online tour operator Travel Horizon.
FRANCE – 3i backs online retailer Twenga
3i has invested approximately EUR 2.6m in online retailer Twenga.
UK - Apax changes address in London
Apax Partners London is changing its London address. From 27 December 2007 its new contact details will be as follows: 33 Jermyn Street London SW1Y 6DN Tel: +44 (0)20 7872 6300
UK - Gresham scoops 4x on Warings exit
Gresham Private Equity has scooped returns of 4x from the sale of building contractor Warings. The Portsmouth-based business has been acquired by French Group, Bouygues Construction. Gresham invested ТЃ3m to support the ТЃ12m management buyout of Warings...
UK - Barclays Ventures completes £15m training services MBO
Barclays Ventures has completed the ТЃ15m management buyout of Develop Training (Develop), a leading provider of training services to the utility sector. HSBC Leveraged Finance provided acquisition debt facilities. The deal represents Barclays Ventures'...
SWEDEN - Industri Kapital makes internal promotions
Industri Kapital has made a number of internal promotions. Dan Soudry and Helena Stjernholm have been appointed as partners in France and Sweden. Soundry join the firm in 2003 from ABN AMRO Capital in Paris where he was part of the LBO team. Stjernholm...
GERMANY - bmp and VC-Fonds Berlin finance mobile DailyME.TV
bmp Media Investors AG & Co. KGaA and the VC-Fonds Berlin are taking a stake in mando.TV GmbH with its mobile phone TV-platform DailyME.TV. bmp Media Investors and VC-Fonds Berlin each assume just under 24%, yoc AG 2%, with the majority of the company...
AUSTRIA - SensorDynamics closes EUR 25m series-B round
SensorDynamics has closed a EUR 25m series-B funding round. The new capital was provided by a consortium of investors that included existing investors Global Equity Partners with HTA III Venture Beteiligungs-Invest AG, Siemens Venture Capital and DEWB....
UK - Close Brothers Corporate Finance strengthens team
Close Brothers, the independent European corporate finance house, has appointed Jonathan Broome and Nuala Higgins. Broome joins the European Debt Advisory Group as a Director to advise companies on all aspects of raising debt. He is rejoining Close Brothers...
UK - ECI appoints new investor relations manager
ECI Partners has appointed Jeremy Lytle as investor relations manager. Lytle will be responsible for investor relations, acting as a main point of contact for investors, as well as leading future fundraising with ECIтs investment committee.
UK - Exponent acquires Radley handbags from Phoenix in £130m deal
Exponent Private Equity has acquired Radley + Co, the ladies handbag and accessories brand, from Phoenix Private Equity in a ТЃ130m secondary buyout deal. Radley + Coтs revenues are expected to exceed ТЃ60m in the year to end of April 2008 and have increased...
IRELAND - Claret Capital invests EUR 21m in private jet start-up
Dublin-based Claret Capital has led a EUR 21m funding round for JetBird, a private jet start-up that intends to fly to 75 European airports.
UK - Barclays Ventures leads £10m+ BIMBO of environmental businesses
Barclays Ventures has backed the ТЃ10m+ BIMBO of two environmentally-driven businesses, Solar Home Energy and Warmroof. Both businesses are headquartered in Bournemouth, but operate nationally. The combined turnover of the two companies is around ТЃ20m...
GERMANY – Advent International sells SAG to EQT V
Advent International has sold SAG, a European provider of energy-related infrastructure services to utilities, to EQT V, for an undisclosed sum. SAG provides build and maintenance outsourcing services for utilities in their transmission and distribution...
AUSTRIA/GERMANY – Anmathe now also listed in Frankfurt
Anmathe Beteiligungs AG, listed in Vienna, is now also listed on the Frankfurt Open Market. Anmathe focuses on acquiring Mittelstand companies that go through difficulty or require succession plans. Anmathe holds minority and majority stakes in a number...