News
ITALY – Mariella Burani's shares rise due to private equity interest
Italian fashion group Mariella Burani has reportedly been approached by Doughty Hanson, with a EUR 26 per share offer.
FRANCE - Innovacom backs Mobile Devices
Innovacom has invested EUR 3.1m in hardware and software developer Mobile Devices. The new capital will be used to support the continuous development of the company’s technology and the establishment of an international sales network.
GERMANY – Palamon acquires stake in Dress-for-Less
Palamon Capital Partners has invested an undisclosed sum in Dress-for-Less, Europe’s largest online designer fashion outlet. The company was founded in 1999, and is based in Floersheim. Dress-for-Less operates online shops for fashion brands as well...
ITALY - Investindustrial-backed business buys helicopter operator
Buyout house Investindustrial acquired 100% of helicopter operator Elilario via its controlled company Inaer.
NORWAY - Norvestor creates Nordic eye surgery group
Norvestor has created a new Nordic laser eye surgery group consisting of Swedish Globen Ögonklinik, and the Norwegian clinics Sandvika øyeklinikk and Argus øyeklinikk. Norvestor is the majority shareholder of the business, while the management has...
UK - HURST expands corporate finance team into Manchester
Stockport-based HURST Accountants has announced the appointment of Nigel Barratt to head its rapidly expanding corporate finance team and oversee the launch of a new office in Manchester city centre, due to be opened in early 2008.
FRANCE - LFPI beats AtriA to win Matebat deal
Following an auction process run by Close Brothers, La Financière Patrimoniale d'Investissement (LFPI) has backed the buyout of Matebat, for a value of EUR 75-100m.
UK - Noble Fund Managers appoints new head of unquoted investments
Noble Fund Managers has announced the appointment of Paul Toon as head of unquoted investments, responsible for overseeing investments in private companies across Noble's range of venture capital and private equity vehicles.
UK - HgCapital stengthens consumer and leisure team with two appointments
HgCapital has stengthened its consumer and leisure sector team with the appointment of Jason Khaksar and Sophie Albizua.
UK - BOSGE acquires 13% stake in Red Spider
Bank of Scotland Corporate's Growth Equity team (BOSGE) has made an undisclosed investment in Red Spider Teachnology Ltd, a global supplier to the oil and gas industry. It has taken a 13.33% stake in the business following the deal.
UK - Ingenious and Eagle Rock join forces on Ground Level
Ingenious has announced that the Ingenious Music VCT 2 has joined forces with independent TV and DVD producer Eagle Rock Entertainment Ltd to form a new company, Ground Level Recording Ltd.
UK - ISIS backs On the Beach
ISIS Equity Partners has completed an investment into On the Beach, an online beach holiday retailer.
UK - Barclays Ventures exits ChipsAway in £20m deal
Barclays Ventures has achieved a 3x return from the disposal of Edwin Investments Ltd. The business, which trades as ChipsAway Group, is an automotive services franchise group. It has been acquired by Myhome in a deal worth up to £20m. The exit generated...
UK - Lyceum-backed SPI makes first acquisition
Lyceum Capital portfolio company SPI Group Ltd has acquired Octopus Electrical Ltd for an undisclosed sum. SPI is a supplier of services including installation, repairs, maintenance and support for the social housing sector. Octopus serves a wide range...
BELGIUM - SEP leads EUR 26m investment in Kiala
Scottish Equity Partners (SEP) has led a EUR 26m funding round for Kiala, an innovative pan-European delivery solutions business. SEP was joined by several other investors, including funds related to La Poste and TPG (TNT Post Group). GP Bullhound, the...
UK - SPARK supports $12m series-B funding for Vivacta
SPARK Ventures has completed a $1m follow on investment for Vivacta, an in vitro diagnostic company, as part of a $12m series-B funding round.
SWEDEN - NorthZone and TeknoSeed invest SEK 7.4m in Nanofreeze
NorthZone Ventures and TeknoSeed AB have invested SEK 7.4m in Nanofreeze Technologies, a Swedish cleantech company. The funding round will be used to continue development of the company's technology, and it plans to have its first product launch by 2010.
GERMANY – Buchanan Capital Partners acquires stake in Dehler
Funds advised by Buchanan Capital Partners have acquired a minority stake in sailing yacht builder Dehler for an undisclosed amount. The company is based in the Sauerland area and will use the funding to further support its growth strategy. Dehler was...
SPAIN - Rodés & Sala strenghtens private equity team
Carlos de Cárdenas and Victor Domenech have joined the private equity division of Catalonian law firm Rodés & Sala.
FRANCE - biospace med raises EUR 12m
NBGI Ventures and Crédit Agricole Private Equity have led a EUR 12m financing round in orthopaedic imaging company biospace med. Existing investors Edmond de Rothschild Investment Partners and UFG PE also contributed to this round. The new capital will...
UK/GERMANY - Hawkpoint announces three new appointments
Corporate advisory firm Hawkpoint has announced three appointments, strengthening its team in the key areas of debt advisory, media advisory and its German activities.
UK - LSE leads £2m investment into Bac2
London Seed Capital (LSE) has led an investment of £2m into Bac2, a specialist developer of a conductive polymer for use in fuel cells, alongside a record investment by the London Business Angels (LBA) Network.
UK - Paul Hastings poach Kirkland partner
US law firm Paul, Hastings, Janofsky & Walker has appointed Michelle English as a partner in its London private equity practice.
NORWAY - The Financial Supervisory Authority reports limited effects of credit crunch
Kredittilsynet, the financial supervisory authority of Norway, said today that Norway's exposure to the effects of the global credit crunch has been limited. After reviewing Q3 2007 results from banks and insurance companies, Kredittilsynet concluded...