News
GERMANY - Nanotron closes EUR 10m round
zouk ventures, a London venture capitalist specialising in cleantech, has led a EUR 10m funding round in German Nanotron Technologies. Other investors committing to the round are Polytechnos, Danfoss, and IBB Beteiligungsgesellschaft - VC Fonds Berlin....
UK - NVM invests £7m in building consultants buyout
NVM Private Equity (NVM) has invested ТЃ7m in the management buyout of building services consultants Foreman Roberts.
NL - CVC makes EUR 1.52bn bid for Univar
Ulysses Luxembourg, a vehicle for funds managed and advised by CVC Capital Partners, has made a EUR 1.52bn offer to all the issued and outstanding shares of Univar, a Rotterdam-based chemicals distributor. The offer, worth EUR 53.50 per share, represented...
GERMANY - Eschenbach Optik changes hands
Barclays Private Equity has acquired German supplier of spectacle frames form HANNOVER Finanz and the Eschenbach family. The transaction value has not been disclosed, but Barclays Private Equity will hold a 70% stake in the company with management acquiring...
FRANCE - Allen & Overy and Santoni Paccioni team establish turnaround partnership
Law firms Allen & Overy and Santoni Paccioni have agreed an exclusive partnership to cooperate on all aspects relating to the acquition or restructuring of French distressed companies or their debt.
FRANCE - EdRIP invests EUR 9m in CEME secondary buyout
Edmond de Rothschild Investment Partners (EdRIP) has invested EUR 9m in equity and convertible bonds in the secondary buyout of electrical engineering and air conditioning specialist CEME.
SPAIN - Cinven in $675m deal for USP Hospitales
Cinven has acquired USP Hospitales, an independent healthcare operator, from Mercapital for $675m. USP operates 33 facilities, including 13 hospitals and 16 outpatient centres across Spain. USP is expected to generate revenues of $280.7m and EBITDA...
UK - Beringea leads £2.2m funding for Harmony Media Group
Beringea has lead a ТЃ2.2m investment round in Harmony Media Group. Harmony Media Group is the newly formed parent company of Filmnight Digital and Saffron Digital. Beringea provided the funding through its ProVen VCTs.
SWEDEN - Attendo acquires MedOne
Industri Kapital backed healthcare company Attendo has acquired MedOne, a Finnish provider of outsourced healthcare and social services. Attendo now has operations in every Nordic country. MedOne is projected to generate revenues of EUR 110m in 2007....
SPAIN - European Capital opens Madrid office
European Capital has opened an office in Madrid to concentrate on mezzanine deals in the Iberian market. The office will be run by Luis Felipe Castellanos, BNP Paribas' former managing director and head of leveraged finance in Spain and Portugal...
SPAIN - GED bolts Icesa onto Nekar
Spanish private equity firm GED has acquired Icesa packaging through the vehicle which holds Nekar packaging, a company that GED also purchased last year for EUR 28m.
UK - Zinwave in second fundraising round
Scottish Equity Partners is reported to be involved in a series-B fundraising round for Zinwave. Zinwave's technology prevents buildings, tunnels and elevators from disrupting the high frequency signals of cellular and wireless services. Zinwave is currently...
ITALY - Alcedo acquires office furniture business
Italian mid-cap private equity firm Alcedo has acquired 80% of Faram, a designer and manufacturer of office furniture and partitions.
BELGIUM/SWEDEN - EQT sells deSter to Gate Gourmet
EQT, through its funds EQT I and EQT III, has agreed to sell deSter Holdings B.V. to Gate Gourmet, a provider of airline catering and provisioning services. EQT-owned Duni AB, headquartered in Sweden, acquired deSter in 1999 and since then has substantially...
GERMANY - Jefferies to open Frankfurt office
Global investment bank and institutional securities firm Jefferies is to open a new office in Frankfurt. The German office will be co-led by managing directors Richard Markus and Warren Scott, who are joined by fellow managing directors Martina Ecker,...
DENMARK - Carlyle acquires TDC headquarters
The Carlyle Group has announced the acquisition of the headquarters of TDC, the communications group at the centre of an attempted take-private by NTC, the acquisition vehicle of a consortium of private equity firms. The headquarters include 19 buildings...
NORWAY - Norlandia Omsorg acquires healthcare staffing agency Achima
Norlandia Omsorg, the care home company owned by FSN Capital, has acquired healthcare staffing agency Achima. Achima is a leading provider of temporary staff to the public and private healthcare industries in Norway and Sweden.
UK - Inflexion kits itself out in Jack Willis
Inflexion Private Equity has acquired a minority stake in Jack Wills, the British preppy premium clothing retailer.
UK - Imperial and The Capital Fund back NanoBioDesign
Imperial Innovations and The Capital Fund have together invested ТЃ500,000 in NanoBioDesign Limited (NBD), a company developing a range of toxicity screening systems to speed up the drug discovery process. The company will use the funds to secure contracts...
UK - IQ Capital leads £650,000 investment in Spikes Cavell
IQ Capital has made its second investment since its launch in 2006 leading a ТЃ650,000 funding round in Spikes Cavell & Co. IQC have completed a ТЃ400,000 investment in the business alongside funding provided by an angel investor.
UK - Apax-backed Incisive acquires ALM for £315m
Apax Partners-owned Incisive Media has acquired ALM, a publisher of 33 national and regional magazines and newspapers focused on the legal and real estate communities, for ТЃ315m from US Equity Partners. US-based ALM's titles include The American Lawyer,...
SWEDEN- Altor acquires NorthStar Battery Company
The manufacturer of high performance batteries and standby power systems, NorthStar Battery Company, has entered into an agreement to be acquired by the Nordic private equity fund Altor Fund II.
FRANCE - Ipnotic Telecom raises EUR 4m second round
Telecom operator Ipnotic Telecom has raised EUR 4m from its existing shareholders Turenne Capital, CM-CIC Capital Privé, CDC Innovation and A Plus Finance.
UK - LDC backs social housing business
LDC has backed social housing maintenance contractor HT Forrest to support its future growth plans. LDC has invested an undisclosed sum for a significant stake in the fast-growing company. The deal enables several minority shareholders to exit. Royal...