News
FRANCE - Ciclad appoints investment executive from Roland Berger
Ciclad has hired Julien Godard as investment executive to strengthen the team which is currently investing its EUR 120m 4th generation fund, Ciclad 4.
GERMANY - Perseus acquires SEVA Energie
US-based Perseus LLC, has acquired a majority stake in SEVA Energie AG, a manufacturer of combined heat and power units fueled by alternative fuels.
UK - Catalyst recruits food expert
Catalyst Corporate Finance has further strengthened its consumer and food team with the appointment of Simon Peacock from United Biscuits.
GERMANY - Auctus Management continues to fill its portfolio
Following a number of transactions this year, including the buyout of Pharmazell and the sale of Time Partner to Investcorp, Auctus Management has made a further acquisition. Alongside Schmack Biogas AG, the investment house has acquired a 70% stake in...
GERMANY - 3i exits stake in Temmler Pharma
3i has sold its stake in Temmler Pharma GmbH to Ricken Pharma GmbH. Ricken Pharma, together with current management, acquired a 49% stake in the company. The firm is now wholly owned by Ricken Pharma and company management.
FRANCE - EDF Partenaires changes hands
EDF Partenaires, the private equity subsidiary of Electricté de France, has reportedly been sold by the power company.
UK - Disposal of Four Seasons Healthcare by Allianz Capital Partners
Allianz Capital Partners has agreed to sell Four Seasons Healthcare, a leading provider of services for older people and specialised care services for adolescents and younger adults, to Delta Commercial Property, an investment vehicle for Three Delta....
UK - Baird Capital Partners Europe further expands team
Baird Capital Partners Europe, the international mid-market private equity firm, today announces the expansion of its team with the appointment of two new professionals, bringing its UK staff to 14. Baird now has 66 professional staff in its global private...
SWEDEN - Provider sells Ida Infront to AddNode
IT Provider funds have sold Ida Infront AB to AddNode for a cash sum of SEK 30m and a non cash issue of 1,200,000 serie B AddNode shares. Ida Infront focuses on the e-government sector supplying clients such as Försäkringskassan, Skatteverket and Rikspolisen...
UK - Partial exit for Permira and Bridgepoint as Virgin Active acquires Holmes Place's UK business
Virgin Active, the health and fitness group, has signed an agreement to acquire Holmes Placeтs UK business, comprising 47 clubs in the UK with a membership of 190,000. Virgin will have a majority stake of the enlarged Group. The Holmes Place clubs will...
UK - Permira to float Hogg Robinson
It is reported that Hogg Robinson, the business travel and corporate services group backed by Permira, is to announce plans for an IPO this week.
UK - Ingram Forrest Corporate Finance strengthens team
Ingram Forrest Corporate Finance, the independent corporate finance arm of Barber Harrison & Platt, has strengthened its senior team with the appointment of Don Gray as a corporate finance director.
FRANCE - Speculation on Générale de Santé following Capio hostile bid
Following Friday's hostile offer by Apax and Nordic Capital for Swedish health clinics business Capio, French competitor Générale de Santé saw its share price jump by 7%.
FRANCE - Uniq to sell Saint-Hubert
According to press reports, UK chilled convenience food company Uniq, is planning to sell its butter and margarine business, Saint-Hubert. A range of private equity players and industrial companies have allegedly shown an interest.
ITALY /UK- Electra changes name and opens Milan office
The buyout firm Electra is set to open a new office in Italy and change its name to Cognetas.
UK – Endless successfully exits GlynWebb
Endless LLP has announced the sale of GlynWebb Ltd to private retail investors for an undisclosed sum. This exit comes just four months after Endless acquired the DIY and home improvement retailer.
UK - ISIS completes MBO of 3i-backed Empire World Trade
Empire World Trade (EWT), owned by 3i, has undergone an MBO backed by ISIS Equity Partners and HSBC Leveraged Finance. ISIS Equity Partners has invested c.ТЃ5.2m in the deal.
SWITZERLAND – Zurmont and Madison to merge and launch fund
Zurich-based private equity firms, Zurmont and Madison are to be merged and will be launching a new CHF 200m private equity fund under the name Zurmont Madison Management. The investment focus will be on succession solutions and MBOs in Switzerland, Germany...
SWITZERLAND – Swiss Capvis backs MBO of ORIOR Food Group
Swiss Capvis, the Swiss private equity firm has acquired a majority stake in ORIOR Food Group alongside the company's management team for an undisclosed sum.
UK - Quester exits Avidex
MediGene AG, based in Frankfurt, has signed an agreement to acquire the Quester-backed biotechnology company Avidex Ltd. This will be a share-for-share transaction for a value of around EUR 50m.
UK - 3i divests stake in Rovtech
The Dutch oilfield services company, Fugro N.V. has today announced the acquisition of Aberdeen based Rovtech Ltd from 3i for ТЃ34.5m. Rovtech Ltd is a provider of remotely operated vehicle services to the oil and gas industries and currently has an annual...
SWEDEN - Nordic Capital and Apax launch bid for Capio
Apax and Nordic Capital aim to acquire publicly listed healthcare group Capio AB for SEK 15.6bn. Opica AB, a company jointly owned by Apax Europe VI, Nordic Capital Fund VI and Apax France, has offered SEK 153 per share in cash for all shares in Capio....
SWEDEN - Småföretagsinvest sells Reflex for SEK 180m
Småföretagsinvest has sold manufacturer of surveying instruments for boreholes, Reflex Instrument AB, to Australian Imdex Ltd for around SEK 180m. The seller has recorded a SEK 170m profit on its investment.
FINLAND - Sponsor Capital combines Huoneistokeskus and SKV
Sponsor Capital has merged real estate agencies Huoneistokeskus and SKV, which it acquired in 2003 and 2005 respectively.