News
UK - Oxford Capital Partners leads £1.58m investment in Green Biologics
Oxford Capital Partners has led a £1.58m funding round in Green Biologics, a specialist developer of 'next generation' biofuels.
UK - YFM invests in Dynmark
In a second round of funding, the South West Ventures Fund, managed by the YFM Group, has made an undisclosed investment in Dynmark International Ltd, a mobile phone messaging applications developer.
CEE - Oresa Ventures acquires majority stake in Trinity Corporate Services
Oresa Ventures , a Swedish investment company, has acquired a majority stake in Trinity Corporate Services in a leveraged buyout. The investors acquired the shares from a group of private investors which had provided start-up funding to the company.
SPAIN - Corpfin sells its stake in Futura
UK-based fund Hutton Collins and the management team of charter airline Futura have purchased Corpfin Capital's majority stake in the business. It is understood that the company's founder Air Lingus is also selling its shareholding.
ITALY - Private equity courts Wind and 3Italia
Telecom operators Wind and 3Italia are up for sale. The two companies, soon to be merged into a newco, Eiffel Tower Company, have a reported price tag exceedingEUR 2bn.
GERMANY – Alukon changes hands in secondary transaction
Halder has acquired roller shutter and roller door system manufacturer Alukon from AXA Private Equity for an undisclosed sum.
NORDIC - Nordic unquote" Awards shortlist announced
Nordic unquote” is pleased to announce the shortlist for the second Nordic unquote” Awards to be held on the 30th October at the Grand Hotel, Stockholm. The evening event follows the day-long Nordic unquote” Private Equity Congress also taking place...
UK - CLB strengthens corporate finance team
London-based accountancy firm CLB Littlejohn Frazer has announced the appointment of Odhran Dodd to its corporate finance team.
UK - Sovereign completes portfolio acquisition
Sovereign Capital portfolio company Kinetics Group has completed the acquisition of Walmotts Ltd, a gas, oil and electrical installation and maintenance services provider, for an undisclosed sum.
FRANCE - Fungus-based fertilisers business receives extra EUR 2m
Agrauxine, a company which develops agricultural fertilisers based on micro-organisms, has received an additional EUR 2m from its existing investors.
SPAIN - Codere to float on 25 October
Gambling business Codere has received approval for its IPO from regulator CNMV. It is understood that the business will float a 25% stake. The price, to be set on 23 October, is expected to be set at around EUR 21-26 per share, valuing Codere at approximately...
UK - Lion Capital to scrap Wagamama float
Lion Capital is understood to have scrapped its plans to float noodle bar Wagamama in favour of a sale of the business. Lion Capital has received written confirmation from a number of interested parties offering to pay more than the IPO's £225m target...
ITALY - Piquadro to float up to 30.4% in IPO
Leather goods manufacturer Piquadro is to sell a stake of up to 30.4% in an IPO on the Milan Stock Exchange. It is understood the transaction will value the business at a maximum price of EUR 115m.
UK - Carbon Connections to invest £3m in carbon reduction projects
Carbon Connections, a research centre for environmental sciences based at the University of East Anglia, is to invest £3m from the government's Higher Education Innovation Fund to finance carbon reduction project partnerships between UK education institutions...
SWEDEN - Carlyle appoints new director
The Carlyle Group has announced that Anders Hörnqvist has joined its Stockholm-based Nordic real estate team as director.
UK - GMT appoints industry advisor
GMT Communications Partners, a private equity group focused on the communications sector, has announced the appointment of Natalie Tydeman as an industry advisor.
GERMANY – 20/10 Perfect Vision AG receives EUR 13.5m financing
London-based NBGI Ventures has led a EUR 13.5m financing round for laser vision care specialist 20/10 Perfect Vision.
AUSTRIA/GERMANY - Buy_Out Central Europe II creates metals group
Three months after holding its first close, the Buy_Out Central Europe II Beteiligungs-Invest AG has acquired a majority stake in German foundry Buderus Giesserei Wetzlar GmbH and Austrian foundry Tiroler Röhren-und Metallwerke AG.
UK - Bridgepoint appoints dean of INSEAD to European advisory committee
Bridgepoint Capital has appointed J. Frank Brown, the dean of INSEAD, to its European advisory committee.
UK - Close Ventures makes £2.1m investment in Resort Hoppa
Close Ventures has completed an investment of £2.1m into travel company Resorthoppa Group Ltd (formerly Gardenswitch Ltd), a provider of airport transfers for holiday makers. Close Ventures takes a minority stake in the business.
GERMANY – Neuhaus Partners invests in FISHLABS
In a first round of funding, Neuhaus Partners has invested an undisclosed sum in 3D mobile games developer FISHLABS.
SWEDEN - HealthCap-backed company acquires pharma player
Swedish medical equipment manufacturer Orexo has acquired pharmaceutical business Biolipox for SEK 856m. Orexo AB has completed a listing on the O-list of the Stockholm Stock Exchange for a value cSEK 1.2bn in the end of 2005. HealthCap did not exit...
UK - Barclays appoints Walsh from Morgan Stanley
Barclays Capital has appointed Ramon Walsh as director of its leveraged finance sponsor origination team.
UK - BOSIF appoints new Scottish director
Bank of Scotland Corporate's Integrated Finance division has appointed John Duncan as regional director in Scotland.