News
UK - SEGF leads £1.6m investment in Anaxsys
The South East Growth Fund (SEGF), a venture capital fund managed by West Midlands Enterprise Litd, has led a ТЃ1.6m investment in Anaxsys Technology Ltd, a medical device company focussed on the treatment of asthma.
SWEDEN - Segulah sells Callenberg Group
Segulah has sold Callenberg Group, a Swedish marine engineering company, to Norwegian Wilhelmsen Maritime Services Group, which is a part of Wilh. Wilhelmsen, an international maritime industrial group. The financial terms have not been disclosed.
SWEDEN - EQT sells 13.2% of the remaining shares in Nederman
EQT Denmark has sold its entire stake, 1,542,399 shares, in Nederman Holding, a Swedish company that specialises in office environment products and solutions. The stake corresponds to 13.2% of the share capital and voting capital.
GERMANY – Cerberus looks to back SBO of Woolworth from Electra
Cerberus has filed for regulatory approval to acquire 64% of German department store chain DWW Deutsche Woolworth GmbH&Co OHG from Electra Private Equity Plc for an undisclosed sum. The deal encompasses 100 department stores in Germany, and Cerberus is...
SWEDEN - Ratos cancels Bisnode IPO
Ratos has cancelled the planned listing of Bisnode. Upon the expiry of the application period to subscribe for shares on 29 October, the offering was not fully subscribed. Ratos CEO, Arne Karlsson released the following statement: “Despite a substantial...
UK - NVM realises 2.9x from divestment of KCS
NVM Private Equity has sold its stake in payroll software business KCS Global Holdings Ltd realising returns of 2.9x and an IRR of over 50% per annum on its two year investment. KCS was acquired by Sage, the management software provider, for ТЃ20m.
UK - 3i appoints general counsel
3i has announced the appointment of Kevin Dunn as general counsel, responsible for the group's legal, compliance, internal audit and company secretariat functions.
AUSTRIA – Gamma invests in startup Fatfoogoo
Austrian startup Fatfoogoo has raised an undisclosed sum of Series-A funding in a round led by Gamma Capital Partners, along with existing seed investors marchsixteen LLC (Toto Wolff), Azzurro Investment (Christian Lutz), and Michael Krammer (new CEO...
UK - Catapult exits Transvisual Media
Catapult Venture Managers has wholly exited its stake in security system software and hardware company Transvisual Media Ltd (TVM) in a trade sale to Soncell Ltd, a manufacturing subsidiary of Bowmer and Kirkland Ltd, for an undisclosed sum.