News
SPAIN- Vista and Carlyle prepare Orizonia IPO
Vista Capital and Carlyle, which own 36% and 55% respectively of online travel agency Orizonia, are preparing the company for a flotation.
UK - Bridges invests in vocational training business
Bridges Ventures has invested in New Career Skills, the firm's first dedicated educational investment.
CEE - Marfin Investment acquires 75% of Sunce for EUR 155m
Marfin Investment Group (MIG) has acquired 75% of Croatian tourism and leisure company Sunce for EUR 155m. Sunce and MIG will develop Stubicke Toplice, a health tourism project and public-private-partnership alongside the County of Krapina and Zagorje,...
UK - Zeus appoints new investment director
Zeus Private Equity has appointed Jonny Allatt as investment director in its southern team.
UK – Hawkpoint names new energy and power team
Hawkpoint has appointed a new team to specialise in the energy and power sectors.
CEE - Netcentrum acquires Atlas.sk for EUR 20m
Warburg portfolio company Netcentrum has acquired Slovak web portal Atlas.sk for EUR 20m from EPIC Holding.
UK - Infinity appoints property specialists
Infinity Asset Management has appointed two property specialists to its newly established £100m property fund.
UK – ISIS leads £11m BIMBO of Nexus
ISIS Equity Partners has led an £11m buy-in/management buy-out of vehicle rental specialist Nexus Vehicle Management.
GERMANY - Capiton sells Borsig
Capiton AG has sold its stake in Borsig Group to listed Malaysian firm KNM Group for EUR 350m.
SWITZERLAND - Capvis Equity III L.P. closes on EUR 600m
Capvis Equity Partners AG has closed its latest fund, Capvis Equity III L.P., on its hard cap of EUR 600m (CHF 1bn). The fund was substantially over-subscribed, exceeding its original target of EUR 500m.
FRANCE - Weinberg Capital Partners strengthens team
Weinberg Capital Partners has appointed Benoît Guigou as an analyst. Guigou joins Weinberg CP after three years at Ernst & Young.
FRANCE – AXA et al. finance EUR 10.5m second round in TxCell
Biotechnology company TxCell has received EUR 10.5m in a second round of funding from exisiting shareholders Auriga Partners, AXA Private Equity, Bioam Gestion, CDC Innovation and Seventure
NETHERLANDS - EdRIP leads EUR 23m deal
Edmond De Rotschild Investment Partners has led a EUR 23m series-C financing round for therapeutic antibody company PanGenetics. The round also included contributions from existing investors Index Ventures, Forbion Capital Partners and Credit Agricole...
SPAIN – Arcano launches new fund-of-funds
Investment bank Arcano has launched its second fund-of-funds, Global Opportunity Fund, with a target of EUR 250m.
UK - LDC backs Omega Red
LDC has backed the buyout of lighting protection and electrical earthing systems business Omega Red.
UK - Charterhouse acquires Tunstall for £514m from Bridgepoint
Charterhouse Capital Partners has purchased telecare systems business Tunstall Group from incumbent backer Bridgepoint in a £514m deal.
ITALY – Batra brothers and Barclays acquire sports brand Fila
Indian brothers Rajiv and Rajesh Batra, alongside Barclays Ventures, have acquired sports clothing manufacturer Fila in a deal valued at approximately EUR 100m.
SWEDEN – Moberg Derma attracts SEK 40m in share issue
Swedish pharmaceutical company Moberg Derma has attracted SEK 40m (EUR 4.3m) from the Baltic Sea Foundation and other private investors in a new share issue. The company has now raised SEK 73m (EUR 8m) since its founding in 2006.
ITALY – Private equity interested in fashion house Cavalli
According to reports a number of private equity firms have shown an interest in bidding for prêt-à-porter house Roberto Cavalli.
FRANCE - CM-CIC Capital Privé backs buyout of EPS
CM-CIC Capital Privé has acquired industrial cleaning company EPS. CM-CIC funded the deal through its FIP Select Paris Rhône 5 and FIP Select France 6 funds.
CEE - CVC recruits Istvan Szoke
CVC has recruited Istvan Szoke to build its business in Central and Eastern Europe. The nomination will be effective from April 2008.
GERMANY - Grainville Baird leads buy-out of Siemens division
A consortium including Granville Baird and T-Mobile Venture Fund have acquired the wireless modules business of Siemens AG for an undisclosed sum. The transaction is expected to close in the second quarter of 2008.
SWEDEN - Vin & Sprit negotiation enters silent period
Four corporations and private equity firms remain in the final stages of the fight for Vin & Sprit. EQT and Investor AB have joined forces to make a bid for the spirit giant together.
UK – Aberdeen injects £7m into FMG
Aberdeen Asset Managers Private Equity has invested £7m for a significant minority stake in FMG Support Limited, the largest independent fleet performance improvement company in the UK .