News
UK - Synergis appoints new director
Synergis Technologies Ltd has announced the appointment of Fiona Sterns as a director to the Synergis Board.
UK - Scottish and Southern Energy invests £2.7m InSource Energy
SSE Venture Capital Ltd, Scottish and Southern Energy's new corporate venturing vehicle, has invested ТЃ2.7m and acquired a 40% stake in InSource Energy, a bio-waste-to-energy business created by the Carbon Trust.
SPAIN - Demeter Partners opens Madrid office
French cleantech firm Demeter Partners has officially launched its operations in Madrid.
UK - Arts Alliance completes £50m exit from PrePay Technologies
Venture Capital firm Arts Alliance has fully exited its stake in PrePay Technologies Ltd through a ТЃ50m trade sale to Accor services, a subsidiary of quoted French company Accor.
SPAIN - Suan Biofarma launches and closes first investment
Pharmaceutical player Suanfarma has submitted its fund Suan Biotech to the approval of regulator CNMV, press agencies report. It is understood that the fund will have total funding of EUR 25m and will invest in the biotech and pharma sectors.
EUROPE - HgCapital strengthens renewable energies team
HgCapital has announced the appointment of Jean Pararnaud and Jens Thomassen as associate directors and the internal promotions of Emma Tinker and Rob deLazlo.
US/UK - Bridgepoint sells JDR Cable Systems to Vision Capital for £90m+
Bridgepoint has sold oil services company JDR Cable Systems to Vision Capital for a consideration believed to be over ТЃ90m. Bridgepoint acquired JDR in 1998 for ТЃ36m and subsequently moved its headquarters from Aberdeen to Houston, US.
UK - Montagu exits IT software insurance company in £276m deal
Montagu Private Equity has realised its investment in Open International, the specialist software supplier to insurance brokers. Montagu acquired the Worcester-based business in March 2006 for ТЃ182m and sold it to privately-owned insurance group Towergate...
FRANCE - CMS Bureau Francis hires new counsel and future partner
CMS Bureau Francis Lefebvre has announced the appointment of Daniel Gutmann as counsel and Stéphane Austry as a future partner in its tax practice.
SWEDEN - InnovationsKapital invests in Apptus
InnovationsKapital has invested in Apptus, a Swedish search and database technology company. The investment will be used to scale up operations and take aggressive measures with the intention of becoming an international player in search technology.
FRANCE - European Capital invested EUR 22m in Global Design Technologies
European Capital has announced it provided a EUR 22m second-lien to back the $343m acquisition of Franco-American aerospace and power generation supplier Global Design Technologies by Bridgepoint.
NL - iRex technologies holds first close of EUR 6m financing round
Electronic paper solutions provider iRex Technologies has held the first close of a EUR 6m financing round led by Main Capital Partners. Existing shareholders ABN Amro Capital and management have also contributed to the round. The new capital will be...
UK - Close Growth Capital backs SBO of Killby & Gayford from 3i
Close Brothers Growth Capital (CGC), the hybrid equity and debt finance provider, has backed the secondary buyout of specialist building contractor Killby & Gayford Group, from 3i. CGC is reported to have invested ТЃ13.35m for a significant minority equity...
UK - Tudor Group leads $6.5m additional series-A funding in Trutap
The Tudor Group, along with a group of angel investors, has led a $6.5m follow-on round of series-A venture funding in Trutap, provider of social networking services for mobile phones, bringing the total investment in the company to $13m.
UK - Smedvig Capital leads £4m investment in new drinks brand
Smedvig Capital has led an investment of ТЃ4m in new drinks brand SUSO Drinks Ltd.
UK - Risk Capital Partners acquires UK subsidiary of Borders Group
Risk Capital Partners has purchased national book retailers Borders and Books etc., UK subsidiaries of Borders Group, in a deal worth up to ТЃ20m.
FRANCE - Duke Street Capital appoints new operating partner
Duke Street Capital has appointed Thierry Paternot as an operating partner to its French business.
UK - LGV completes £255m refinancing of healthcare business Craegmoor
LGV portfolio company Craegmoor Healthcare Group has refinanced its whole business securitisation with a ТЃ255m bank facility arranged by the Bank of Scotland. As a part of the refinancing, Craegmoor fully redeemed all the outstanding notes of Craegmoor...
SPAIN - Doughty Hanson and Co acquires 50% of residential developer
Doughty Hanson and Co, one of the largest European real estate fund managers, has acquired a 50% stake in Grupo Immobiliario Aranco, a family owned residential developer.
EUROPE - H.I.G Capital opens new European offices
H.I.G Capital, a global private equity firm specialising in investments in small to medium sized companies, has announced the opening of offices in France and Germany.
UK - HgCapital strengthens renewable energy team
HgCapital has stengthened its renewable energy team with the appointment of Jean Perarnaud and Jens Thomassen as associate directors and the promotion of Emma Tinker and Rob deLazlo.
UK - RBS to sell train leasing business
Royal Bank of Scotland has hired Lazard to consider options for Angel Trains, the train leasing business it acquired in 1997 for ТЃ408m. The news comes at a time when train leasing companies are being investigated by the Competition Commission. Should...
UK - SVG announces three new appointments to fund selection team
SVG Advisers, the fund management and advisery subsidiary of SVG Capital, has announced the appointment of Owen James, Michael Nugent and Michael Roth to its fund selection team.
GERMANY - JenaValve raises an additional EUR 10m
Paris-based Edmond de Rothschild Investment Partners has led a EUR 10m series A-2 financing round of JenaValve™ Technology.