News
SWEDEN - Swedish Venture Capital Association announces awards
The Swedish Venture Capital Association (SVCA) announced during its annual conference in Stockholm on 21 March, three winners of the SVCA Awards. Industri Kapital won the award for "promoting the community" for its project in Uganda fighting African sleeping...
ITALY - DGPA Capital acquires adhesive label manufacturer
Private equity firm DGPA Capital wholly acquired Mida from a group of local entrepreneurs and private investors for EUR 7.4m. Out of that amount, one third is equity and a debt package provided by Centrobanca represents two thirds of the total deal value....
ITALY - 3i to float Giochi Preziosi in 15 months
According to Italian press reports, toy manufacturer Giochi Preziosi is to list in the Milan Stock Exchange before the end of H1 2008.
AUSTRIA - Holding at gamma capital partners changes its name
gamma capital partners has announced that the name of its GES gcp Enterprise Software Group GmbH has changed to Infoniqa Holding GmbH. The Infoniqa Holding GmbH is the managing and leading entity of the Infoniqa group.
GLOBAL- EMAlternatives to provide emerging markets advice
Institutional investors seeking exposure to global emerging markets can now call upon the services of new specialist advisory firm EMAlternatives. The firm will offer clients discretionary and non-discretionary services across all emerging private equity...
UK - ISIS and Invex acquire Quantix
ISIS Equity Partners alongside Invex Capital Partners have led the management buyout of Quantix Limited, a Nottingham-based provider of IT Managed Services. ISIS and Invex invested ТЃ4.8m in equity with a debt package supplied by Lloyds TSB Corporate...
ITALY - Stroili Oro gearing up for possible IPO
Market sources suggest that jewellery business Stroili Oro is being groomed for its debut in the Italian Stock Exchange.
SWEDEN - SVCA released activity report
According to the Swedish Venture Capital Association (SVCA), SEK 46bn has been invested in 2006, which is an increase of 14% since 2005. Venture investments (including seed, start-up, expansion) received SEK 6bn, split between 668 deals, which represents...
FRANCE - Speculation over Apollo's interest in Valeo
US private equity firm Apollo is considering a bid for French auto parts business Valeo, according to market rumours.
NL - Van den Ende & Deitmers acquires 30% stake in Albumprinter
Van den Ende & Deitmers Crossmedia Fund has acquired a 30% stake in Albumprinter, a company which offers a fully integrated end-to-end solution that enables consumers to create hard cover photo books and other photo products using their own digital images....
FRANCE - Barclays PE backs secondary buyout of Kermel
Barclays Private Equity has led the secondary buyout of aramide fibres manufacturer Kermel, alongside management and previous investor Argos Soditic.
NORWAY - VPS and Oslo Børs recommend a merger
The boards of Directors of VPS Holding ASA and Oslo Børs Holding ASA have agreed to propose to merge the two companies. The merger is believed to give the companies a more efficient and co-ordinated use of their expertise and resources. The combined company...
UK - Consortium to bid for Trader Media Group
CVC, Apax and Blackstone are believed to have submitted a bid for a minority shareholding in Trader Media Group, the newspapers, magazine and online unit of Guardian Media Group, whose flagship titles include The Guardian and the Observer. The flagship...
UK - Barclays promotes within leveraged finance
Barclays Capital has changed the structure of its leveraged finance team. Kirk Harrison and Phil Kelleher, both Managing Directors, have been jointly promoted to the newly created role of Co-Heads of Leveraged Product, reporting to John Kelting, Head...
UK - Trapezia backs Sarah Arnett
Trapezia Capital, the UK's first fund dedicated to women-focused businesses, has invested in fashion designer label, Sarah Arnett Ltd.
UK - Alchemy facing legal battle with worker's union
The Transport and General Worker's Union (T&G) has submitted a claim against Alchemy Partners over treatment of staff at plastics firm Storeys Industrial Products in Essex. The T&G claims that Alchemy failed to hold a consultation process on the redundancies...
SPAIN - Riverside to launch Madrid office
Following the footsteps of other international firms, US private equity group The Riverside Company is to open an office in Madrid.
ITALY - Barclays Private Equity Milan changes address
The Milan branch of Barclays Private Equity has moved to a new office. The new details are as follows:
UK – ABN Amro makes 47% IRR on £438m Park Resorts sale to GI Partners
ABN Amro Capital has yielded a 47% IRR and money multiple of 2.4x on the sale of UK caravan park business Park Resorts Group to GI Partners for ТЃ438m. ABN Amro acquired GB Holiday Parks in November 2004 for ТЃ105m and only a month later bolted on Park...
UK – ABN Amro makes 47% IRR on £440m Park Resorts sale to GI Partners
ABN Amro Capital has yielded a 47% IRR and money multiple of 2.4x on the sale of UK caravan park business Park Resorts Group to GI Partners for ТЃ440m. ABN Amro acquired GB Holiday Parks in November 2004 for ТЃ105m and only a month later bought Park Resorts...
GERMANY - 3i acquires EDS
3i announced it has agreed to back a management buyout of Passau-headquartered Euro-Druckservice AG from Verlagsgruppe Passau GmbH. The transaction value has not been disclosed.
GERMANY - EUR 6m financing round for inge AG
inge AG has received a EUR 6m round of financing from a consortium including previous investors Siemens Venture Capital and Emerald Technology Ventures. Additionally, first-time investors the Belgian Stonefund VN and the Dutch Entrepreneurs Fund also...
GERMANY - bmp takes over CEEV
bmp AG has wholly acquired the Central Eastern Europe Venture GmbH, a parallel endowment fund set up out of DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) resources in 2000 and managed by bmp. Since 2000, CEEV had been investing parallel...
GERMANY - Steadfast Capital buys Kautex Maschinenbau
Steadfast Capital has wholly acquired German blow molding machines manufacturer Kautex Maschinenbau in a management buyout from Adcuram AG. The value of the transaction has not been disclosed.