News
SWEDEN - Segulah's NEA sells properties for SEK 348m
NEA, which Segulah III LP acquired in October 2006, has sold 25 properties to property company Sagax for SEK 348m. The ownership of NEA’s properties was not seen as strategically important for the company and the financial resources that will be released...
SPAIN - Mercapital and La Caixa try to sell Occidental again
Mercapital and the other shareholders of hotel chain Occidental have appointed Goldman Sachs to find a buyer for the company.
ITALY - Clessidra sells Societa Gasdotti Italia
Clessidra Capital Partners has sold Societa Gasdotti Italia (SGI) to ABN AMRO Global Infrastructure Fund for EUR 300m, giving returns to the firm of 4x its initial investment and an IRR of around 90%.
UK - Wales Creative IP funds film
Flick, a new film directed by David Howard, has received funding from the £7m Wales Creative IP Fund.
FRANCE - Erytech Pharma raises EUR 12m
AGF Private Equity, Auriga Partners and AXA Private Equity have invested joined seed investors Cap décisif and Rhône-Alpes Amorçage in the EUR 12m second round of funding for Erytech Pharma.
GERMANY - bm-t invests in Analytik Jena AG
bm-t beteiligungsmanangement thüringen GmbH has invested EUR 1m in manufacturer of high performance and analytical instruments Analytik Jena AG. Following its investment the venture capitalist will hold a 3% shareholding in the company.
GERMANY - Finatem announces three investments
Finatem Beteiligungsgesellschaft has announced three investments from its latest fund Finatem II. The financial investor has acquired the Schwinn Group as part of a management buy-in as well as Deutsche Notrufzentralen und Sicherheitsdienste Holding GmbH...
DENMARK - NorthCap Partners sells Instadia to Nasdaq-listed Omniture
NorthCap Partners has sold Instadia to Omniture, a web analysis company listed on Nasdaq, for an undisclosed sum. Instadia was founded in 2000 and IVS, which is now part of NorthCap Partners, invested in the company two years later.
FRANCE - Activa Capital hires Cinven investor and appoints new partner
French mid-cap buyout house Activa Capital has announced the recruitement of Thierry Celestin, who joins the team from Cinven France, and the promotion of Christophe Parier to the position of partner.
FINLAND - Innofinance and FII invest in bio-gas company
Innofinance and Finnish Industry Investment have invested EUR 600,000 in Tampere-based bio-gas company Puhdas Energia Oy. Founded in 2001, it focuses on optimising small scale fixed bed gasification technology.
SPAIN - Candover is the most likely buyer of Parques Reunidos
The sale of leisure complex Parques Reunidos is nearing its final stages.
ITALY - Cerberus sells the holding of Fila
US-based hedge fund Cerberus Capital Management has sold its portfolio company Sports Brands International, a holding company of sportswear brand Fila.
FRANCE - SG Capital Europe takes 88% of business advice call-centre SVP
SG Capital Europe has backed the management buyout of Paris-based SVP Group.
FRANCE - XAnge and Auriga invest EUR 5m in marketing software developer Neolane
XAnge has led the EUR 5m second round of venture funding in marketing and communications software developer Neolane. Auriga Partners, which invested EUR 2m alongside the company's CEO and management in 2002, re-invested on this occasion.
DENMARK - Asetek receives $4m in funding
Asetek, a provider of thermal management solutions for semiconductors, has secured a $4m investment following the $5m round closed last year. Northzone Ventures, Vaekstfonden, KT Venture Group, and a group of private investor participated in the round....
UK - ABN AMRO Capital backs £70.4m buyout of TGI Friday's
ABN AMRO Capital, in association with US-based Carlson Restaurants Worldwide, has agreed to acquire 45 TGI Friday’s restaurants in the UK from Whitbread Plc. As the global leader in the casual dining industry, Carlson Restaurants Worldwide is the master...
GERMANY - Granville Baird acquires Zarges Tubesca
Granville Baird Capital Partners Advisers has acquired Zarges Tubesca from Taros Capital for a total consideration of EUR 156m. The management also reinvested in the company and will hold a minority stake.
UK - Clive Norton joins Helix from Goldmans
Jefferies International Ltd has announced that its UK affiliate, Helix Associates Ltd, the private equity fund placement agent, has expanded its capabilities with the hiring of Clive Norton as a managing director in the firm’s London office. Norton...
UK - Aberdeen Asset Managers Growth Capital backs £17m MBO of Oliver Kay
Aberdeen Asset Managers Growth Capital has led the £17m management buyout of Oliver Kay Ltd, a supplier of fresh fruit, vegetables, delicatessen products and sundries to hotels, restaurants and pubs.
UK - John Browne joins Apax advisory board
John Browne, the former chief executive of BP, has joined Apax Partners as chairman of its advisory board.
UK - Foresight invests for surge in online video advertising
Foresight Venture Partners has invested £2.5m in UTarget, the online advertising services company. UTarget has created the UK’s first online TV and video advertising network, serving full page TV-style ads on websites for major brand clients. A challenge...
FRANCE - AFIC bolsters its team
The French venture capital association (AFIC) has announced it had promoted Florence Moulin to the position of director of legal and tax affairs, and Grégory Sabah to the position of director of research.
FINLAND - ABN AMRO Capital's Iittala to consider listing in Helsinki
The design company Iittala Group, a portfolio company of ABN AMRO Capital, is looking into the possibilities of going public on the Helsinki Stock Exchange. Nordea Corporate Finance and ABN AMRO Rotschield have been appointed financial advisers.
UK - ECI acquires Aerial Facilities in £56m management buy-in
ECI Partners has acquired Aerial Facilities for £56m. Aerial, based in Buckinghamshire, is a market leader in the design, manufacture and installation of specialist products and solutions. ECI is backing a new management buy-in team led by Ian Brown,...