News
SWEDEN/UK - Apax and Nordic Capital-owned Capio makes £193m UK disposal
Apax Partners and Nordic Capital portfolio company Capio AB have disposed of the UK operations of the Swedish healthcare company. Capio's UK operations have been acquired by Australian hospital operator Ramsay Health Care for £193m.
UK - LDC sells Telecom Service Centres for £40m
LDC has realised its investment in Telecom Service Centres (TSC) through a sale of the Scottish business to Indian counterpart Hero Ites. The deal values TSC at ТЃ40m. Hero Ites, part of Hero Group and with facilities in Delhi, will merge the two businesses...
UK - LDC takes minority stake in security firm
LDC has invested in security firm Vision Security Group. The deal sees LDC take a minority stake in the business. The corporate finance team at Deloitte in Nottingham initiated and introduced LDC to the transaction. Debt funding was provided by RBS Corporate...
FINLAND - Life Sciences Partners participates in EUR 8m financing round for Nexstim
Life Sciences Partners has participated in a EUR 8m financing round for Finnish medical device company Nexstim . New investors Healthcap and Finnish Industry Investment Ltd have also contributed along with existing investor Sitra. In connection with...
GERMANY - LSP portfolio company Idea AG signs $202m licensing deal with Alpharma
Life Sciences Partners portfolio company IDEA AG has agreed to sign a $202m licensing deal with an affiliate of American pharmaceutical Alpharma . The agreement involves the licensing of exclusive United States rights to Diractin as a prescription...
GERMANY - KPMG appoints partner to lead new transactions-focused pensions team
Graham Pearce has joined KPMG in Germany at partner level to head up a new Pensions Advisory team within its Transaction Services practice. Prior to joining KPMG, Pearce was at Mercer for 17 years. He qualified as an actuary in 1994 and has specialised...
SWEDEN - Nordic Capital-backed Thule makes acquisition
Nordic Capital backed-Thule, the Swedish sports utility transportation company, has acquired Florida-based United Welding Services (UWS).
UK - Infinity appoints Natasha Pastouna
Infinity Asset Management has expanded its team with the appointment of Natasha Pastouna. Pastouna has joined newly-launched Manchester-based Infinity from PKF in Manchester.
NORDIC - Vækstfonen wins Nordic Private Equity Achievement Award
Danish Vækstfonden won the Nordic private equity achievement award at the annual Nordic Private Equity Congress hosted by the Swedish Venture Capital Association held in Stockholm on September 6. This is an annual award that the association presents to...
UK – IMAC in £10m digital marketing acquisition
Ingenious Media Active Capital will invest up to ТЃ10m to back the acquisition of integrated marketing communications agency of Rise Communications.
SPAIN - Riverside Europe hires associate
Rafael Álvarez-Novoa is the latest hire of Riverside Europe's Madrid office.
FRANCE - Banque de Vizille backs Adetel build-up
CIC Banque de Vizille (CICBV) has invested EUR 800,000 in equity and EUR 2m in convertible bonds in a group comprising electronic industrial systems company Adeteal and CICBV portfolio company electronic small parts manufacturer ICRA.
AUSTRIA - tecnet equity invests in Senactive
Austrian venture capitalist tecnet equity has invested an undisclosed amount in real-time business performance management software provider Senactive. The new capital will be used to drive the company's European expansion.
FRANCE/BELGIUM - Ablynx and Boehringer Ingelheim join forces
Pharmaceutical companies Boehringer ingelheim and Ablynx today jointly announced a major global strategic alliance aimed at developing a range of Nanobody® therapeutics.
FRANCE - Trophos raises EUR 8.5m in series-C financing round
Biopharmaceutical company Trophos today announced it has raised EUR 8.5m in series-C funding.
UK - XMOS Semiconductor raises $16m for Software Defined Silicon
The creator of Software Defined Silicon (SDS) chips, XMOS Semiconductor, has secured US16m series-A venture capital funding.
ITALY - Investindustrial recapitalises Ducati
Investindustrial has recapitalised its investment in Ducati in a move allowing a return of over 100% for investors.
UK – Close Ventures backs Heathrow hotel
Venture Capital Trust manager Close Ventures has announced it will invest up to ТЃ6.5m in a hotel at Heathrowтs new Terminal 5.
UK – Beringea invests in Steak Media
Beringea, through its ProVen VCTs, has provided expansion funding for Steak Media, a digital marketing specialist.
GERMANY – Neuhaus Partners invests in Emporis
Neuhaus Partners together with KfW Bankengruppe has invested an undisclosed amount in buildings and construction projects database provider Emporis.
GERMANY - Zurmont Madison acquires Röder Group
Zurmont Madison Management AG has acquired a 75% stake in tent systems provider Röder Group from the company’s management for an undisclosed amount. Röder Zeltsysteme und Service AG is headquartered in Büdingen, near Frankfurt/Main, and focuses on developing,...
GERMANY – JC Flowers favoured to acquire WestLB stake
According to German press, US financial investor JC Flowers is currently favoured to acquire the stake in German regional lender WestLB, currently owned by the German state of North Rhine-Westphalia (NRW).
UK – Kreos appoints Hirtzel COO
Venture debt specialist Kreos Capital has named Simon Hirtzel as chief operating officer.
IRELAND - CIT expands Irish presence
Commercial and consumer financial solution provider CIT has announced the expansion of its European Vendor Finance headquarters in Dublin.