News
World - Capital Dynamics promotes Cynthia Duda
Capital Dynamics has promoted Cynthia Duda to managing director. Duda has over 20 years of private equity experience.
UK - Fidelity sells B&B Electronics
Fidelity Equity Partners has sold portfolio company B&B Electronics, an industrial connectivity products manufacturer, to Graham Partners for an undisclosed sum.
UK - SEP leads funding round in Tideway
Scottish Equity Partners has led a $27m series-c funding round in IT automation provider Tideway.
UK - Close Ventures closes VCT fund top-up
Close Ventures has closed the top-up round for Close Enterprise VCT PLC with more than £10m in commitments.
ITALY – Sigefi invests in shoe manufacturer
Sigefi has acquired a 49.4% stake in shoe manufacturer SCHMID in a management buyout deal. The transaction was carried out through its funds Siparex Midcap and Siparex Italia, which acquired 32.9% and 16.5% of the company respectively.
UK - Active acquires bike store chain
Active Private Equity has acquired FW Evans, owner of the bicycle store chain Evans Cycles. Debt to facilitate the deal was supplied by Lloyds TSB Corporate Markets.
UK - Iceni backs oil & gas HR company
Icenit Capital has acquired Mentor IMC, a specialist human resources provider to the oil and gas industry. A debt facility to support the deal was underwritten by RBS.
UK - Braveheart invests £300k in Conjunct
Braveheart has invested £300,000 in Conjunct Ltd, a company that specialises in implementing short range optical interconnects using innovative transceivers.
UK - AAC acquires Dewhurst
AAC Capital Partners has acquired a significant stake in James Dewhurst, a manufacturer of engineered technical textiles.
RUSSIA - Three private equity funds acquire Geotek
According to sources, Farallon Capital Management, AIG Private Equity and Black River Asset Management have acquired 20% of Geotek, a Russian holding providing oilfield services.
PORTUGAL – APCRI names new president
The Portuguese Private Equity and Venture Capital Association, APCRI, has named Afonso Barros as its new president. Barros is executive manager of Inter-Risco, the private equity arm of bank.
UK - RJD leads £28m buyout of Stone Group
RJD Partners has lead the £28m management buyout of Stone Group, an IT provider to the public sector.
UK - Advent closes €6.6bn buyout fund
Advent International has closed GPE VI on its hard cap of €6.6bn.
UK - Exponent acquires Lowell from Cabot Square
Exponent Private Equity has acquired specialist debt purchasing company Lowell Holdings Ltd from Cabot Square Capital for an undisclosed sum.
UK - RJD leads £20m buyout of Character World
RJD Partners has led the management buyout of licensed character household textiles company Character World.
UK - LDC buys kidsunlimited from Isis
LDC has invested an undisclosed sum in kidsunlimited, an operator of children's day care nurseries, in a secondary buyout from Isis Equity Partners.
UK - Bowmark backs Datix buyout
Bowmark Capital has backed the management buyout of healthcare software provider Datix.
FRANCE – Apax and LBO France back SBO of Maison du Monde
Apax Partners and LBO France have acquired a majority stake in Maison du Monde in a secondary buyout deal. The management will retain around 20% of the equity while original investor Ixen will hold a minority stake. The deal sees Barclays Private Equity,...
UK - KCP invests in Pandora Books
Key Capital Partners has acquired book supplier to schools Pandora Books for an undisclosed sum, alongside the company's managing director.
ITALY - Arca Impresa acquires 40% stake in D’Orsogna Dolciaria
Arca Impresa Gestioni has acquired a 40% stake in D’Orsogna Dolciaria, a manufacturer of ingredients for the food industry acquiring. The deal valued the company at EUR 20m.