News
UK - Thames Water opens its books for Terra Firma
The first round of bidding for Thames Water is expected shortly, after the Independent on Sunday reported RWE, the owner of Thames Water, will open the books of the company this week. It is understood that Terra Firma are interested in the deal and face...
UK - New soft drink manufacturer receives £69m from FF&P
Fleming Family & Partners (FF&P) is backing a start-up soft drinks manufacturer that has ambitions to become a leader in the Euorpean non-alcoholic beverages market, according to the Financial Times. FF&P is the private equity vehicle of the Fleming family,...
FRANCE - Fonds Partenaires sells Fahrenheit to EDF
French private equity firm Fonds Partenaires has realised its investement in gas-powered boilers maintenance company Fahrenheit.
SPAIN - Founders of La Sirena form private equity firm
The founders of the Spanish frozen food chain La Sirena, have launched Asociadis de Inversiones SCR to expand their investment portfolio. The new firm, created by the Cernuda Canelles brothers, is reportedly one of the first private equity businesses...
FRANCE - Direct Energie receives additional funding
Crédit Agricole Private Equity (CAPE), CITA Gestion and NBGI Ventures have renewed their commitments in the third round financing of Direct Energie. As a result of the transaction, industrial Group Louis Dreyfus takes a two third equity stake, financial...
GERMANY - Demag Cranes lists following adjusted bookbuilding
Demag Cranes AG, one of the companies contained within the Demag portfolio in which KKR acquired a majority stake from Siemens in 2002, has listed on the Frankfurt stock exchange. The company floated approximately 50% of its capital stock at an opening...
NETHERLANDS - Industri Kapital to sell Continental Bakeries to NPM Capital
Industri Kapital (IK) has reached a conditional agreement with NPM Capital to sell Continental Bakeries, a leading producer and distributor of private label biscuits in Western Europe.
UK - Matrix backs £20m helicopter MBO
Matrix Private Equity Partners has backed the ТЃ20m secondary mangement buyout of British International Limited (BIL). Jonathan Gregory of Matrix led a syndicate comprising Finance Cornwall and Chrysalis VCT that has invested ТЃ5m of equity in the helicopter...
SPAIN - Mercapital acquires Cinebox
The cinema chain Abaco, backed by the private equity firm Mercapital, has agreed to buy Cinebox from the entertainement group GMR in a deal reportedly worth around EUR 60m.
UK - Zopa gains additional $5m backing for transatlantic launch
Zopa, the first people to people marketplace for lending and borrowing, has received a further $5m financial backing from investors including Tim Draper, founder of US venture capitalists Draper Fisher Jurvetson, and the Rowland Family and adds to the...
NORWAY - HitecVision announces three new transactions
HitecVision has announced three new transactions: a new investment, a major add-on and a company sale.
UK - Launch of private equity marketing consultancy
Emma Payne has launched a marketing consultancy, EVP Marketing, providing services to private equity firms, their portfolio companies and their service providers. Having worked in all three areas, Emma spotted a huge opportunity for outsourced marketing...
Egypt - Buyout of Amoun pharmaceuticals valued at $451m
The largest private equity transaction outside of the privatisation process is due to take place in Egypt. According to the Financial Times today, a US consortium including Citigroup and Capital International, will take a 93% stake in Amoun, a pharmaceutical...
SWEDEN - Segulah sells NVS Installation AB to Triton
Segulah II L.P has sold NVS Installation AB to the European private equity investment firm, Triton for an undisclosed amount.
UK - AIG strengthens European private equity team
AIG Global Investment Group (AIGGIG) has announced the appointment of Rhonda Ryan as a vice president and head of its private equity funds groupтs London team.
FRANCE - Bridgepoint suspends Médica IPO decision
Because of particularly unfavourable market conditions, Bridgepoint has abandonned its project to float Médica. The equity house will review its options over the coming weeks
GERMANY - Triton makes two buyouts in two weeks
Triton Advisers has acquired Basler, a producer of women's clothing for age 40 and over. The deal follows the announcement last week that Triton had acquired Dematic from Siemens for an undisclosed sum.
CROATIA - Mid Europa makes first Croatian investment
Central and Eastern European investor Mid Europa Partners has made its first investment in Croatia with its acquisition of Heidelberger Calcium Aluminates (HCA).
HUNGARY - Royalton sells educational publisher
Royalton Capital Investors, an investor in Central and Eastern Europe, has sold Hungarian educational publisher Láng Kiadó és Holding Zrt (Láng) to Sanoma WSOY Education, a Finnish educational publishing company. Financial terms of the deal were not disclosed....
UK - Catalyst makes London appointment
Catalyst Corporate Finance has strengthened its London office with the recruitment of Richard Holden, from RSM Robson Rhodes.
SWEDEN - Industri Kapital to acquire ELFA AB for approximately €130m
Stockholm based ELFA AB, which has been owned and managed by the Jensen Family since 1945, will now be acquired by Industri Kapital following the signing of an agreement.
UK - Exponent Private Equity buys Trainline in £163m deal
Exponent Private Equity has announced the acquisition of Trainline, the leading online and call-centre rail retailer and information provider in the UK for ТЃ163m.
FRANCE - Banexi Ventures makes investment into wi-fi rabbit maker
In its second deal this month, Banexi Ventures Partners has injected EUR 3m in Violet's first round of financing.
FRANCE - GPs exits Directinet with 6x returns
A syndicate of investors including Pyramid venture Capital, I-Source Gestion, zCorporate, Angel Invest, Afipa, MMA, Groupama, Casino Rally and Avenir Tourisme France has realised its investment in Directinet, with a money multiple in excess of 6x.