News
UK - IMAC invests £7.5m in QobliQ
Ingenious Media Active Capital Ltd (IMAC) has invested up to £7.5m in start-up company QobliQ Ltd. Qobliq was formed with the aim of creating an international innovative marketing services group, combining sponsorship, digital and experiential marketing.
SPAIN – N+1 exits Viscofan
N+1 has sold its 5% stake in Viscofan for approximately EUR 40m reportedly doubling its initial investment.
ITALY – Cape invests in healthy living
Cape LIVE has acquired a 3% shareholding in International Bar Holding, investing approximately EUR 2.5m.
SPAIN/PORTUGAL – GED backs business support services provider
Buyout house GED has acquired a 22.97% stake in Portuguese SERLIMA in a deal valued at approximately EUR 3m.
DENMARK - Ferd potfolio company makes acquisition
European Furniture Group (EFG), backed by Ferd Private Equity, has acquired 100% of the shares in Danish Bondo Kontormøbler A/S from the Garnell Family which has owned the company since 1984.
UK - Matrix realises 2.5x from cake exit
Matrix Private Equity Partners has realised 2.5x its original investment through the sale of Ministry of Cake to the Greencore Group, for £12m. The exit sees Matrix, which invested through three of its VCTs, receive £5m in cash from the sale. Over the...
UK - Ynon Kreiz resigns as partner of Balderton
Balderton Capital, the pan-European venture investor, has announced that Ynon Kreiz has resigned as partner. As a consequence of resigning from Balderton Capital, Kreiz also resigns as a director of a number of the firm’s investee companies.
SPAIN – Nauta Capital invests EUR 2.6m in biometrics firm
Buyout house Nauta Capital has invested EUR 2.6m in Agnitio, a biometrics security company.
CEE - Horizon Capital invests in FinComBank and MTB
Horizon Capital has acquired a 25% stake in Moldova-based FinComBank and a 31.5% stake in Belarus-based MTB, expanding its financial institution portfolio further.
DENMARK - Sofinnova and Gilde invest EUR 17.6m in Ascendis
Ascendis Pharma, a Copenhagen based pharmaceutical company, has attracted a EUR 17.6m series-A financing round. The investment round was co-led by Sofinnova Partners and Gilde Healthcare Partners. Zweite TechnoStart Ventures Fonds GmbH & Co KG also participated...
ROMANIA - Advent International acquires Ceramica for EUR 35m
Advent International has acquired a 70% stake in Bucharest-listed Ceramica Iasi, a ceramic bricks and clay roof tiles producer. The transaction total was EUR 35m including new investment. Advent has brought in a new management team following the acquisition.
GERMANY – KKR sells Argillon Group to Johnson Matthey
KKR portfolio company Demag Holding S.à r.l., based in Luxembourg, has signed an agreement to sell Argillon Group, a diversified company in advanced ceramic materials headquartered in Redwitz, to Johnson Matthey Plc, for EUR 214m in cash. In the fiscal...
GERMANY - Paul Hastings expands European platform
Law firm Paul, Hastings, Janofsky & Walker LLP has combined with Smeets Haas Wolff, an independent law firm in Germany. Located in Frankfurt, the newly-opened office strengthens Paul Hastings’ presence throughout Europe, as well as in the US and Asia....
GERMANY/LUXEMBURG – Odewald & Compagnie acquires SaarGummi from Orlando
Oldewald & Compagnie has acquired SaarGummi Technologies S.a.r.l in a secondary buyout from Orlando Management GmbH for an undisclosed sum. SaarGummi manufactures sealing systems and mouldings for automotive and industrial applications. The company employs...
UK - DLA grows team
DLA Piper has appointed Will Rosen as a partner in its corporate group.
UK - Duke Street buys value retailer from BPE for £68.5m
Duke Street Capital (DSC) has backed the £68.5m secondary management buyout of The Original Factory Shop from Barclays Private Equity (BPE). The Original Factory Shop is a value retailer, headquartered in Burnley, Lancashire. It has 84 outlets across...
SPAIN – 3i moves ahead with Café & Té
3i-backed coffee chain Café & Té is ready to expand its franchise network.
UK - Darwin Private Equity acquires Maximuscle for £75m from Piper
Darwin Private Equity has completed its first transaction with the £75m acquisition of sports nutrition company Maximuscle from Piper Private Equity. nabCapital provided acquisition finance to the deal alongside Royal Bank of Scotland and CapitalSource....
FRANCE - AtriA backs secondary MBO of Bois et Chiffons
AtriA Capital Partners have completed then secondary management buyout of Bois et Chiffons from Capzanine and CDC Capital Investments.
SPAIN – Demeter’s third investment in renewables
French buyout house Demeter has invested EUR 16m in renewable-energy producer Ambene.
FINLAND - Creandum joins existing investors in Aito Technologies
Creandum has participated in a series-A funding round for Aito Technologies, a Finnish software company. Creandum joins Conor Venture Partners to support the business’ market expansion.
PORTUGAL/SPAIN – MCH and Explorer Investments acquire coffee distributor
Spanish and Portuguese buyout houses, MCH and Explorer Investments have acquired coffee distributor Nutricafés.
SWEDEN - Segulah acquires natural snack business Nilssons Gott
Segulah III L.P has acquired Nilssons Gott AB, a Swedish producer of natural snacks for an undisclosed sum. The founder, Rolf E. Nilsson, will retain a 20% shareholding in the business.
DENMARK - Montagu sells VetXX to Dechra Pharmaceuticals
Montagu Private Equity has sold VetXX, the Danish developer, producer and marketer of animal veterinary products, to UK-based Dechra Pharmaceutical, an international veterinary pharmaceutical business.