News
SPAIN - Capital Energy searchs for private equity investors
Energy group Capital Energy is seeking to raise EUR 100m in private equity investments.
UK - YFM and NESTA support ProVision with £750,000
The YFM Group-managed South West Venture Fund and Finance South West Growth Fund, along with NESTA investments, have invested £750,000 into digital wireless video technology company ProVision Communications.
DACH - Ventizz Capital Fund IV closes on EUR 450m
Ventizz Capital Partners has closed Ventizz Capital Fund IV LP with EUR 450m of total commitments, making the fund one of the largest private equity vehicles for the DACH region. Raised in approximately six months, the fund closed above its initial EUR...
UK - ISIS leads £7m investment in MBO of Playforce
ISIS Equity Partners has led a £7m investment to support the management buyout of Playforce, a supplier of children's play areas to schools. ISIS invested from its Baronsmead VCTs alongside debt underwritten by HSBC.
UK - Oxford Capital Partners leads £1.2m investment in waste water technology
Oxford Capital Partners has led a £1.2m investment in Microbial Solutions Ltd, a waste water treatment company. H20 Venture Partners and existing investor Rainbow Seed Fund also participated in the funding round. Microbial Solutions is a newly formed...
PORTUGAL - Explorer Investments acquires construction company
Explorer Investments has acquired industrial player Cosntrutora da Ferraria through its fund Explorer I.
UK - Matrix looks to raise additional £15m for Income & Growth VCT
Matrix Private Equity Partners (MPEP) is aiming to raise £15m in an S share offer for The Income & Growth VCT, formerly named TriVest VCT, on the back of strong performance in the sector and by MPEP. The new S share fund will be managed separately from...
SWEDEN - Industrifonden and Via Venture supports Tonium with SEK 35m
Industrifonden, Via Venture Partners and Arvid Svensson & Ekstranda Media AB have invested SEK 35m in Tonium AB, a developer of portable DJ-systems.
NETHERLANDS - BioGeneration Ventures invests in Progentix Orthobiology
BioGeneration Ventures has invested in Progentix Orthobiology.
FRANCE - Gérard Horvilleur named president of Dahlia Partners
Gérard Horvilleur has replaced Jacques Darcy as president of Dahlia Partners, the fund of funds subsidiary of Natixis Private Equity.
UK - CGC confectionery portfolio company makes £58m acquisition
Close Growth Capital's (CGC) confectionery porfolio company Tangerine has agreed to acquire Monkhill Confectionery from Cadbury Schweppes for £58m in cash. The deal is subject to completion in February. This will be the second major purchase by Tangerine....
GERMANY - TVM Capital backs Riemser Arzneimittel AG
Munich and Boston-based TVM Capital has invested an undisclosed sum in Riemser Arzneimittel AG. TVM Capital now holds 10% of the Riemser AG shares. TMV Capitals plans to help transition and grow Riemser Arzneimittel AG into an international corporation....
FINLAND - CapMan completes MBO of Varesvuo Partners
CapMan Buyout Fund VIII together with Roope Lerthinen and the company’s management, have completed a management buyout of Varesvuo Partners Oy, a Finnish television content and film production business for an undisclosed value.
UK - Zeus backs £22m+ buyout of networking services supplier
Zeus Private Equity has completed its third deal with the management buyout of networking services supplier Electranet (UK) Ltd. ZPE has invested £6m as part of a funding package worth more than £22m. HSBC provided senior debt and working capital facilities.
UK - Low Carbon Accelerator makes £320,000 investment into QuantaSol
Low Carbon Accelerator Ltd has announced a £320,000 investment into solar enegry firm QuantaSol Ltd, taking its equity stake in the company to 25.6%.
EUROPE - Index closes first ventures growth fund on EUR 400m
Index Ventures has closed its latest fund Index Ventures Growth I LP on EUR 400m. The fund was formed to address the market opportunity created by the maturation of Europe’s start-up industry and the movement of traditional late-stage investors into...
FRANCE – I-Source Gestion closes new fund I-Source 3
I-Source Gestion has closed I-Source 3 on EUR 60m. The fund will be used to continue I-Source’s early-stage venture investments in information and communication technology companies in Western Europe.
GERMANY - High-Tech Gründerfonds backs start-up Immunservice
High-Tech Gründerfonds has provided seed financing for Immunservice GmbH, a start-up which develops immune biomimetic hormones for drug testing. The seed financing enables the company to optimise production of its lead product Pulmoleukin to industrial...
UK - E-Synergy leads £1.7m Envirotreat funding
The Sustainable Technology Fund (STF), a cleantech focused venture capital fund managed by E-synergy, has led a £1.7m round of funding for toxic soil and waste remediation specialist Envirotreat Ltd.
UK - Spark and Eden invest $6m in We7
SPARK Ventures has been joined by new investor Eden Ventures on a $6m series-A funding round for We7, an ad-funded music download service. Peter Gabriel, the musician, also participated in the deal having provided the company with start-up funding alongside...
FRANCE – LBO France rumored to seek sale of Cegelec
It is believed that LBO France has hired Rothschild & Co and Hawkpoint Partners Ltd as advisors for the possible sale of Cegelec, a company it values at EUR 1.8bn.
DENMARK - Rumoured private equity interest in X-Yachts
It is rumoured that X-Yachts, a Danish yacht builder, is to be sold to a private equity firm.
GERMANY/BELGIUM- Buchanan Capital Partners’ portfolio company Dehler makes acquisition
Buchanan Capital Partners’ portfolio company Dehler has acquired Belgian company ETAP Yachting for an undisclosed sum from the owner family. Through its Buchanan Unternehmer-Fonds I, Buchanan Capital Partners acquired a minority stake via a capital...
UK - Balderton and Advent Moveme with £3.4m of funding
Balderton Capital and Advent Venture Partners have co-invested £3.4m into online home moving specialists Moveme.com in a second round of funding.