News
SWEDEN - Provider Venture portfolio company files for bankrupcy
Provider Venture Partners-backed Musicbrigade, a Swedish digital music company, has filed for bankruptcy.
SWITZERLAND – Consortium of investors raise CHF 17m for Vivendy
BioMedInvest AG I, LSP Life Sciences Partners and TVM Capital closed a CHF 17m series-A round for Vivendy Therapeutics Ltd., a bio-pharmaceutical company located in Basel, Switzerland. Vivendy is a pharmaceutical start-up company that is developing an...
UK - ISIS recoups 2.5x from sale of Hawksmere
ISIS Equity Partners has sold Hawksmere Ltd to Kaplan Financial for an undisclosed sum. The exit will yield a money multiple of 2.5x to ISIS clients. London-based Hawksmere is a provider of legal, professional, senior management and compliance training...
ITALY – New fund Toscana Innovazione launches with EUR 50m
Sviluppo Imprese Centro Italia (SICI) has launched Toscana Innovazione, a new EUR 50m closed fund.
SPAIN - 3i to invest EUR 30m in Spanish television company
3i is set to complete a deal with Spanish television company Boomerang TV which will see it investing approximately EUR 30m in the business.
UK - Survey of SMEs finds CEOs optimistic about private equity
A survey has revealed that CEOs and MDs of companies with turnovers between £10-100m are feeling optimistic about their relationship with private equity and their expectations for growth. 71% of those questioned felt that private equity backers set realistic...
UK - McDermott, Will and Emery appoints new European corporate head
McDermott, Will and Emery has announced the appointment of Hugh Nineham as partner and head of European and London corporate.
UK - DIC consider new Liverpool FC approach
Dubai International Capital (DIC) is contemplating a new approach for Liverpool FC after it lost out to Tom Hicks and George Gillet in the bidding for the club last year.
FRANCE – CDC Innovation leads EUR 5m financing round in Aldebaran Robotics
CDC Innovation has led a EUR 5m series–A round of financing for Aldebaran Robotics’ NAO robot. I-Source Gestion also participated in the deal. The Parisiam start-up company develops 60cm tall humanoid home robot companions.
UK - Wellcome Trust invests £3.5m in Novacta Biosystems
The Wellcome Trust has provided Novacta Biosystems, an anti-infective therapeutics company, with a £3.5m award and investment. The deal sees medical research charity Wellcome take a minority stake in the business which previously received £900,000 of...
UK - Bryan Garnier makes two new hires
Investment bank Bryan Garnier has strengthened its UK corporate finance operations with two new appointments.
SPAIN - Nazca Capital backs logistics players
Nazca Capital has invested in logistics company Transportes García Villalobos (GyV) and Plataforma Frigorífica.
UK - Rock situation comes to a head
The fate of beleaguered lender Northern Rock will be known by the end of this week, according to reports. The matter is coming to head with an extraordinary general meeting scheduled for tomorrow. It is understood that insiders believe that there is now...
UK - Babcock & Brown sets sights on Forth Ports
Babcock & Brown (B&B), the Australian infrastructure fund, has bought a 20% stake in listed-ports operator Forth Ports. The Scottish-based business operates ports in Edinburgh, Dundee and London. According to some reports B&B's acquisition could be followed...
GERMANY - L-EA and SEED fund Trivid with EUR 2-5m
L-EigenkapitalAgentur and SEED have invested a total of EUR 2-5m in Trivid GmbH, a provider of online video and content solutions in a Series A round. L-EigenkapitalAgentur has acquired the bigger stake in the company, with the total of equity held by...
UK/SPAIN - LCA invests £2.5m into Classical Renaissance
Low Carbon Accelerator Ltd (LCA) has completed an investment of £2.5m, provided in the form of a profit participating loan, into Classical Renaissance España SL. As part of the deal, LCA will recieve an equity stake in Classical Renaissance Ltd, the...
ITALY - Palamon sells media player Today Spa
Palamon Capital Partners has exited printed media company Today Spa.
ITALY - Private equity houses bid for Interbanca in EUR 1bn deal
Clessidra, Apax, Investitori Associati, Permira, JC Flowers, Advent International and Carlyle are the potential bidders preparing to present non-binding offers for Italian bank Interbanca.