News
SWEDEN - Industrifonden invests SEK 27m in three companies
Industrifonden has completed a SEK 27m investment in three different companies in the electronics, nano-technology and cleantech sectors.
GERMANY – Aurelius buys Zeeb & Hornung
Aurelius AG has acquired shirt manufacturer Zeeb & Hornung GmbH & Co. for an undisclosed amount from its previous owners, as part of a succession plan.
SWEDEN - EQT lists Duni for EUR 250m
EQT-backed Duni Holding AB, the Swedish catering supplier, has been listed on OMX Nordic Exchange. The listing comprises 28,200,00 shares at SEK 50 per share representing a market-capitalisation of EUR 250m. The IPO was approximately twice oversubscribed...
BELGIUM - Lion completes EUR 263m Adventure deal
Lion Capital has completed the acquisition of AS Adventure Group, a Belgium-based speciality retailer of outdoor equipment and clothing, in a deal which values the company at EUR 263m.
UK - Hotbed members invest £3.3m to back buyout of DIY supplier
Hotbed, a UK private investor syndicate, has invested £3.3m to back the management buyout of Avocet Hardware. Avocet is a supplier of screws, nails, fixings and general ironmongery products to the UK’s biggest DIY retailers, including B&Q, Focus and...
GERMANY - MX Mercury Beteiligung acquires Consolidated Fire Protection Holdings Inc
Industri Kapital portfolio company MX Mercury Beteiligung GmbH has acquired Consolidated Fire Protection Holdings Inc for an undisclosed sum. Law firm Clifford Chance acted as advisors on the deal.
UK - MSIF invests £200,000 in So Protect Me
The Merseyside Special Investment Fund (MSIF) has invested £200,000 from its Liverpool Seed Fund into card protection software developer So Protect Me.
UK - Buffini made chairman of Permira
Damon Buffini is to move into a new role as chairman of Permira as the buyout house looks to grow its global presence.
SWEDEN - Arthur D Little makes new appointment
Arthur D Little has appointed Petter Kilefors as global head of strategy & organisation. During his time with Arthur D Little, Kilefors has worked with some 65 clients, advising on strategy, organisation, change management, M&A, post-merger integration...
ITALY - Top Legal supports first Italian unquote" event
Italy's first legal and business community monthly Top Legal is proud to support the launch of unquote” Italia Private Equity Congress , to be held next week in Milan.
SWEDEN - EQT leads SEK 9.6bn take-private of Securitas Direct
ESML Interessenter AB, jointly owned by EQT V, Säkl AB, Melker Schörling AB (MSAB) and Investment AB Latour, has made a public cash offer of Securitas Direct AB, a Swedish security services company. The shareholders of the company have been offered...
GERMANY – CFC Industriebeteiligungen acquires Vogt electronic Letron GmbH
Dortmund-based CFC Zwischenholding GmbH has acquired 100% of the shares of Vogt electronic Letron GmbH from Vogt electronics EMS GmbH, a subsidiary of Vogt electronic AG for an undisclosed amount. Vogt electronics Letron GmbH develops, manufactures and...
UK - Octopus and Aberdeen provide FSP with additional £3.75m
Funeral Services Partnership (FSP) has secured an additional £3.75m of funding from Octopus Investments and Aberdeen Asset Managers Growth Capital. The deal represents the first by Octopus Investments Intermediate Capital team, a specialist mezzanine...
UK - Promethean-backed traded endowment policy business to float
Promthean Investments portfolio company T.I.S. Group has announced its intention to seek a listing on AIM. T.I.S is a UK market leader in traded endowment policies and distributor of institutional funds. As part of the IPO, the group intends to raise...
GERMANY – Arques Industries buys seven plants from MöllerGroup
German Arques Industries is set to acquire seven plastics components plants from MöllerTech International in Nuneaton, subsidiary of Bielefeld-based MöllerGroup. The seven plastics components plants subject to the deal are based in France, Spain, and...
FRANCE - 360 Capital Partners invests EUR 2.4m in art posters
360 Capital Partners acquired a minority stake in Yellow Korner, a company which prints and sells photographs for which it owns exclusive rights.
UK - LDC-backed Epi-V completes its first investment
Specialist oil and gas private equity fund Epi-V has completed its first transaction, investing £3m in Aberdeen-based Brinker Technology. The £50m Epi-V fund was launched in August 2007 with the aim of making equity investments of between £2m and £10m...
UK - 3i appoints Ipreo chairman as senior adviser
3i has announced the appointment of Rosalyn Wilton, chairman of Ipreo LLP, as a senior adviser to its media team.
FRANCE - Online shoe shop raises EUR 4.3m
Spartoo, an online shoe retailer, is said to have raised a significant first round of institutional funding from CM-CIC Capital Privé and A Plus Finance.
FRANCE - Astorg backs Trescal's spin-off from Air Liquide
Astorg Partners has supported the management buyout of calibration and measurement services specialist Trescal from its parent company.
FRANCE - Initiative & Finance backs MBI of ham and cheese specialist
Initiative & Finance has backed the management buy-in of Primo, a company which provides a range of food products to large retailers.
SPAIN - Doughty Hanson buys FCC and Veolia's bus unit
Infrastructure players Fomento de Construcciones y Contratas (FCC) and Veolia have sold its bus unit, Corporacion Espanola de Transportes (CTSA) to Doughty Hanson for approximately EUR 80m.
UK - Arcapita in takeover bid for Peacocks
Arcapita has made an approach to buy the discount fashion retailer Peacocks from its current backers Goldman Sachs and hedge funds Och-Ziff and Perry Capital. The three investors took Peacocks private in December 2005 in a £404m deal.
SPAIN - Nazca buys stake in e-learning business
Nazca Capital has purchased a 45% shareholding in eduactional consulting and e-learning business élogos from its founding family Baratech. The founders will retain the majority stake.