News
UK - ETF raises £110m for first fund
Environmental Technologies Fund (ETF) has reached a final close on £110m for its debut fund, exceeding its original target of £100m.
SPAIN – Rhône Capital interested in wholesaler El Árbol
According to reports, French firm Rhône Capital is considering a bid for Spanish wholesaler El Árbol.
UK - Advent Ventures leads $24m ORECon deal
Advent Venture Partners has led a $24m round into wave energy device developer ORECon.
SPAIN – Proa Capital and Apax battle for biscuit company
Proa Capital and Apax-backed bread company Panrico are among the candidates bidding for biscuit manufacturers Marbú Dorada and Chiquilín.
UK – YFM in £6m MBO of Fishawack
YFM Private Equity has invested £2.55m to back the £6m MBO of Fishawack, a specialist medical communications business. Other investors included the Chandos Fund which invested £2.05m and the British Smaller Companies VCT which invested £0.5m. Co-op...
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 .
UK - HSBC backs £77m SBO of Britton Group
HSBC Private Equity has acquired plastic packaging manufacturer Britton Group from LDC for £77m.
UK - Palamon appoints new VP
Palamon Capital Partners has appointed Valerio Boccardi as a Vice President.
GERMANY - Halder closes GIMV Germany II on EUR 325m
In a time when many international GPs are raising large funds for distressed assets, Halder has bucked the trend to raise a traditional mid-market buy-out fund. GIMV Germany II reached its hard cap of EUR 325m after just three months, comfortably surpassing...
GERMANY - Granville Baird bolsters Hamburg team
Moritz Freiherr Schenck and Matthias Zillmer have joined the Hamburg office of Granville Baird as partners.
GERMANY – Apax eyes Escada
Apax Partners is rumoured to be interested in ailing fashion concern Escada, which is listed on Germany's S-Dax. Escada is Germany’s second largest listed fashion concern. Escada’s shares have lost a third of their value since summer, and the company...
GERMANY – Private equity houses bid for IKB
Several private equity houses and two banks have submitted bids for troubled lender IKB. According to press reports in Germany, bids were submitted by German banks WestLB and BayernLB, US private equity firms Ripplewood, JC Flowers and Lone Star as well...
DENMARK - Montagu-backed Unifeeder divests freight division
Montagu Private Equity’s portfolio company, Unifeeder, has sold its freight forwarding division to Blue Water Shipping, a Danish freight solutions company, for an undisclosed value.
FRANCE – Truffle backs consultancy in EUR 2m deal
Truffle Capital has pumped EUR 2.1m into French consultancy firm Eco-Carbone. The business was set up in 2001 as a specialist adviser for climate change mitigation. Eco-Carbone’s two main areas of focus are acting as a consultant to coal mines, and...
SPAIN – Debaeque invests in software firm Oasyssoft
Barcelona-based venture firm Debaeque has invested EUR 3m in software company Oasyssoft.
SWEDEN - Procuritas acquires Olivia Group
Procuritas has acquired the majority of the shares in Olivia Group, a company that specialises in personal assistance for functional impaired individuals and elderly care services, for an undisclosed value. The management and its founder, Karsten Inde,...
UK – LDC backs £27m MBO of Davies Chartered Loss Adjusters
LDC has invested £8.6m in the £27m MBO of Davies Chartered Loss Adjusters, a provider of loss adjusting and associated claims services to the insurance industry.
UK – T-Mobile Venture Fund invests in Ubiquisys
T-Mobile Venture Fund has invested an undisclosed sum in Ubiquisys, a developer of 3G femtocells, joining existing investors including Google, Accel Partners, Atlas Ventures and Advent Venture Partners, .
FINLAND - Nexit Ventures holds first close on EUR 50m
Nexit Ventures has held a first close of its new wireless and mobile opportunities fund, Nexit Infocom II L.P, on EUR 50m. The vehicle is aiming to attract total commitments of EUR 100m+.
SPAIN – Clave Mayor in snacks manufacturer acquisition
Clave Mayor and the Development Company of Navarra (Sodena) have paid EUR 6.5m for a 46.4% stake in snack manufacturer Apex.