News
FRANCE - OTC AM invests EUR 1.2m in e-commerce business Ckado.fr
OTC Asset Management has injected EUR 1.2m in the first round of institutional funding in Toulouse-based e-commerce company Ckado.fr.
GERMANY - ECM acquires Sodawerk Staßfurt
ECM Equity Capital Management has acquired Sodawerk Staßfurt GmbH & Co KG from Sodawerk Staßfurt Verwaltungs-GmbH and BVT Sodawerk Staßfurt GmbH & Co. Beteiligungs-KG, Munich. The transaction value has not been disclosed. The company's management also...
CEE - MCI Management invests in Geewa
MCI Management, a Polish-listed venture capital company has invested EUR 1.5m in Czech online games software developer Geewa.
ITALY - Pirelli and GCC create renewable energy joint venture
Pirelli Ambiente, the renewable energy arm of the Pirelli Group, and private equity firm Global Cleantech Capital (GCC) have set up Solar Utility SpA, a joint venture to invest EUR 24m in photovoltaic energy projects.
ITALY - Cornell Capital bids for medical technology business
US firm Cornell Capital Partners is rumoured to have placed a bid for Sorin, a Milan-based medical technology business, according to Italian press reports.
FRANCE - XAnge invests EUR 3m in digital printing business
Via its FCPI funds, XAnge has injected EUR 3m in the second round of funding for Impika, a designer and manufacturer of industrial digital printing systems.
FRANCE - Investment bank leads EUR 20m VC funding round in Dibcom
Natixis has contributed EUR 10m of a EUR 20m fifth round of funding in mobile TV integrated circuit manufacturer Dibcom, bringing the total raised by the company to EUR 60m.
DENMARK - Procuritas sells EXPAN
Procuritas has sold EXPAN, a Danish construction company, to CRH Denmark A/S, part of the international construction company CRH.
FRANCE - EPF Partners acquires 21% of IT systems advisor
EPF Partners has taken a 21% stake in Maltem Consulting, a company providing IT systems expertise in the banking, financial and insurance sectors.
GLOBAL - KKR to float
KKR is to follow in the steps of its rival Blackstone by floating on the New York Stock Exchange. KKR filed an initial public offering registration with the SEC on Tuesday and will seek to raise $1.25bn in new capital from the flotation. However, unlike...
FRANCE - Online DVD rental business raises additional EUR 6.1m
Glowria, the internet DVD hire specialist has raised EUR 6.1m from Seventure Partners, Crédit Agricole Private Equity and Mousse Partners.
UK - John Lovering joins Barclays Capital
Barclays Capital has announced that John Lovering, founder of Echelon Capital, has joined the investment bank as a vice chairman. He will work with Roger Jenkins, head of principal investing and private equity, to develop Barclays' position as an equity...
UK - Duke Street ups bid for listed dental care business
Duke Street Capital has raised its offer for AIM-listed dental services provider Oasis Healthcare Plc. The fresh bid of 94p per share values the company at ТЃ88.2m topping Duke Street's previous offer of ТЃ76.9m. Duke Street hopes that this latest offer...
BELGIUM - CVC acquires Taminco in EUR 800m deal
CVC Capital Partners has acquired Belgium-based chemical producer Taminco from AlpInvest Partners for EUR 800m. Taminco produces alkylamines and derivatives for use in the pharmaceutical, agrochemical, animal feed and water treatment industries. Taminco...
GERMANY – Steady debut for EQT's Tognum AG
Following the cold reception on its first day of listing on the Frankfurt Prime Standard on Monday 2 July, Tognum shares have now risen to almost EUR 25. Joint global coordinators and joint bookrunners, Deutsche Bank and Goldman Sachs were mandated to...
SPAIN - Aurica XXI buys stake in plastic bag manufacturer
Aurica XXI, the private equity arm of Banco Sabadell, acquired a 20% shareholding in Grupo Intermas Nets.
SWEDEN - Priveq invests in Sydtotal
Priveq has agreed to become the new main shareholder of Sydtotal, a ventilation installation specialist in Southern Sweden. Sydtotal’s founders and current shareholders are retaining 40% of the compnay. The restructuring of ownership is part of Sydtotal's...
SWEDEN - Accent Equity acquires 51% of Coffee Queen
Accent Equity is acquiring 51% of the shares in Coffee Queen, which develops, manufactures and sells coffee machines. The present owner and CEO, Georg Möller, and the management team of the company will own the remaining shares. Wholly owned subsidiaries...
FINLAND - Amanda Capital capitalises EUR 2m on two exits
Amanda Kapital, the listed Finnish funds-of-funds, has generated EUR 2m on two exits from its portfolio. EQT IV has listed Togum, a manufacturer of diesel, on the Frankfurt Stock Exchange. And Charterhouse VII has sold its shares of Saga, a travel and...
UK - Ingenious Music VCT backs new UB40 album with £1m
Ingenious's two Music VCT funds have invested approximately ТЃ1m to back the 24th album of reggae band UB40. This deal is a joint venture with record label Reflex Muzic Ltd.
FRANCE - Activa makes over 4x from Delpharm exit
It is reported that Activa Capital has made over 4x its money from the sale of pharmaceutical subcontractor Delpharm to its management.
UK – Matrix in new type of fundraising effort
Small buyout specialist Matrix Private Equity is looking to raise at least ТЃ5,000 for Breakthrough Breast Cancer. The firm is sending deal-doers Mark Wignall, Ashley Broomberg and Guy Blackburn on a 50-mile journey from London to Cambridge on 22 July....
CEE – Mid Europa buys Lux-Med from Cornerstone-led consortium
Dedicated Central European investor Mid Europa Partners has wholly acquired Polish healthcare provider Lux-Med from its incumbent backers, Cornerstone Partners, Deutsche Investitions- und Entwicklungsgesellschaft mbH and Accession Mezzanine Capital. The...
FRANCE - Seventure invests EUR 2m in contactless loyalty card business
Seventure Partners has led a EUR 2m first round of funding for Airtag, a company providing an integral customer loyalty solution, utilising contactless and NFC technology.