News
FRANCE - Montefiore Investment acquires 60% of Asmodée
Montefiore Investment has acquired a 60% stake in Asmodée in a deal worth between EUR 40-50m, which sees Naxicap Partners exit its 20% share of the company. The management retains 40%.
DENMARK - Via Venture Partners acquires Detail Data Danmark
Via Venture Partners has completed the BIMBO of Danish software company, Detail Data Danmark A/S. The Detail Data management team have invested in the deal alongside new CEO Peder Falck.
CEE - Enterprise Investors acquires STD Slovakia and Donivo MKD
Enterprise Investors ' Polish Enterprise Fund VI has invested EUR 23m in STD Slovakia and Doniva MKD, two Slovak transportation service providers. STD and Donivo will merge and operate under the STD Donivo brand. Founders of the two companies will retain...
SPAIN - Ibersuizas sells 5% stake in construction group
Ibersuizas has sold its 5.5% participation in Fomento de Construcciones y Contratas (FCC) in a deal valued at EUR 381.5m.
UK - BOSIF backs Charterhouse Print Management
Bank of Scotland Integrated Finance has acquired a 20% stake in marketing print management company Charterhouse Print Management. BOSIF's combined debt and equity investment enhances the equity participation of the senior management team and facilitates...
UK - Eden Ventures et al. sell Apertio to Nokia for EUR 140m
Seven venture backers have realised their investments in communications infrastructure company Apertio through a sale of the business to Nokia Siemens Networks. The deal values Apertio at EUR 140m and is expected to close in the first quarter of 2008....
UK - Tate & Lyle Ventures and Scottish Venture Fund acquire BioFilm
Tate & Lyle Ventures and Scottish Enterprise’s Scottish Venture Fund have acquired BioFilm Ltd through a newly formed company, BioFilm Holdings Ltd. BioFilm is the only fully integrated manufacturer in Western Europe of dissolvable/edible films that...
GERMANY – BAVARIA Idustriekapital buys Elcoteq
BAVARIA Industriekapital AG has acquired Elcoteq Communications Technology GmbH, based in Offenburg, for an undisclosed sum. Finnish Elcoteq Group, a supplier of electronic goods, has divested the business due to its changed role in Elcoteq’s global...
UK - ISIS sees 3.7x from sale of RLA Group
ISIS Equity Partners has sold marketing agency RLA Group to The Mission Marketing Group Plc generating a multiple of 3.7x on its investment. The £20m deal is structured with an initial consideration of £9.5m, and a further £11.5m payable depending...
UK - Balderton invests in mobile betting service
Balderton Capital (formerly Benchmark Capital Europe) has provided start-up betNOW with a first round of funding. Mobile betting service betNOW will use the new capital to launch the service in the UK and accelerate product development, with the goal...
UK - Apax buys 19.4% stake in Emap in attempt to secure B2B deal
Apax Partners, together with co-investor Guardian Media Group, has acquired a 19.4% stake in London-listed publisher Emap. The stake-building by the Apax-led consortium follows the recommendation of its £1.26bn offer to acquire Emap's B2B division. Apax...
UK - BPE acquires Gardman Holdings for £85m
Barclays Private Equity has acquired a majority stake in Gardman Holdings Ltd, a supplier of wild bird care and garden products. The deal values the business at £85m. The corporate finance team at Deloitte in Nottingham initiated and introduced BPE to...
UK - YFM provides Mirifice with further £410,000
The South West Ventures Fund, managed by YFM Group, has provided Mirifice Ltd with further investment totalling £410,000. Bath-based Digital TV and Broadcast software and consulting company Mirifice has developed MirimonTM, a unique monitoring solution...
FRANCE - Crédit Agricole SA opts out of new Eurazeo shareholder pact
Crédit Agricole SA the second largest shareholder in Eurazeo with 16% of the capital and 22.3% of voting rights behind Société Civile Haussmann Percier and affiliates, which control 23.44% of the capital and 32.69% of voting rights, will not be a part...
UK - Cinven promotes five
Cinven has promoted five employees across a number of teams.
CEE - AIG Capital Partners acquires Polish car battery recycler
AIG Capital Partners, a member company of AIG Investments, has acquired 100% of Polskie Przedsiêbiorstwo Ekologiczne, a business which owns 46% of battery recycling company Orzeł Biały S.A. The company is listed on the Warsaw Stock Exchange.
SPAIN - Monitor Capital acquires another food sector player
Monitor Capital has acquired a majority stake in Vino Tinto Franchising in a deal valued at over EUR 4m.
NL - Main Capital acquires Dutch VoIP provider Zetacom
Main Capital Partners fund Main Capital II has wholly acquired Zetacom in a management buyout. Parcom Ventures has sold its stake in the company.
FRANCE - Carlyle acquires 35% of Numericable and Completel
The Carlyle Group has acquired a 35% stake in Numericable and Completel from Cinven. Cinven retained 35% while Altice has 30%.