News
UK - F&C expands Edinburgh-based private equity
F&C Asset Management has further strengthened its private equity funds team with the appointment of Richard Nairn as associate director, private equity funds. Nairn joins the Edinburgh-based F&C team from Intelli Corporate Finance, a corporate advisory...
UK - Matrix backs Pasta King
Matrix Private Equity Partners has financed the MBO of Pasta King alongside management and HSBC (Exeter) which provided senior debt and a invoice discounting facility.
SPAIN - Cuatrecasas launched its own London office
The law firm, which has just opened an office in the heart of the City of London, is now closer to the decision center of many of its clients.
NETHERLANDS - Halder acquires Hebu in secondary buyout
According to press reports, Halder has acquired a 77,5% stake in hydraulic systems and components business Hebu from Gilde Investment Management and ABN AMRO Capital.
NORWAY - Ferd buys retail chain Nille
Ferd Private Equity Fund II has acquired 70% of the shares in Nille AS and Per Aarskog AS. Mons and Mathias Aarskog will continue to own 30% of the new holding company.
UK - Intermediate Capital Group profits from buoyant private equity market
The listed mezzanine finance provider, Intermediate Capital Group, has seen its pre-tax profit rise by 72% from ТЃ95m to ТЃ190m.
UK - Candover appoints Simon Marc to its European team
Candover has announced a further addition to its European team with the appointment of Simon Marc as an investment manager.
FINLAND - Digi TV Plus secures EUR 38m funding
Digi TV Plus has received EUR 38m in a funding round led by Baker Capital and including Provider Venture Partners. The company has previously secured seed financing from Provider Venture Partners.
UK - Ingenious backs Independiente with new album deal
Ingenious, the largest independent source of A&R investment in the UK, has announced that it has made its second investment from its music fund, Ingenious Music VCT Plc, by backing Martina Topley-Birdтs second album. Martina Topley-Birdтs first album,...
FRANCE - Pechel to invest in Rasec
Pechel is set to invest in Rasec through its fund Pechel Industrie. Previous investors 3i and ABN Amro Capital will not be renewing their commitment on this round of financing.
GERMANY - Capvis acquires 52% in listed kitchenwares producer
Capvis Equity Partners has acquired a 52% stake in DAX-listed WMF AG. The company is a supplier of kitchen- and tableware. Capvis paid EUR 19.05 per share for stakes held by Deutsche Bank AG, Münchener Rückversicherungs-Gesellschaft AG and Württembergische...
NETHERLANDS - Gilde to exit Peijnenburg
Gilde Participaties has announced that it is negotiating the sale of Koninklijke Peijnenburg BV to Lotus Bakeries BV. Koninklijke Peijnenburg is market leader in the Netherlands in the market for gingerbread products.
FRANCE - NEPE becomes UFG Private Equity
Crédit Mutuel Nord Europe is bringing its subsidiaries together to form Groupe UFG.
GERMANY - inge AG receives fresh funds
A syndicate of investors has supplied EUR 6m in growth financing to Clean Technology company inge AG. Siemens Venture Capital, SAM Strategic Asset Management, Stone Fund N.V. and strategic investor Taprogge Watertech GmbH all participated in the round....
UK - Management team acquires IDG venture portfolio
The general partners managing the IDG Ventures Europe portfolio т Ajay Chowdhury, Hitesh Mehta and Chris Smart т have bought out the fund holding the European venture capital portfolio (renamed Acacia I LP) from IDG Inc. The deal was completed with backing...
FRANCE - ABN Amro Capital backs tertiary LBO of Outinord
ABN Amro Capital has acquired a majority stake in steel formworks solutions provider Outinord from Siparex and Spef Venture, for an undisclosed sum.
UK - BDO appoints 13 new partners
BDO Stoy Hayward has announced the appointment of 13 new partners, with effect from 1 July 2006.
FRANCE - New law office: cabinet Bremond
Guilhem Bremond, former head of the turnaround division of cabinet Veil Jourde, has announced the creation of cabinet Bremond.
FRANCE - Ipnotic Telecom raises EUR 9.6m
A syndicate of investors including Turenne Capital, CM-CIC Capital Privé, CDC Entreprises Innovation and A Plus Finance have injected EUR 9.6m in a first round of financing for Ipnotic Telecom
ITALY - Barclays Private Equity acquires ULKA
Barclays Private Equity has acquired ULKA Costruzioni Elettromeccaniche SpA, a manufacturer of solenoid pumps for coffee machines from entrepreneur Giampiero Rossi for an undisclosed sum. The company, founded in 1975, generated total revenues of EUR 46m...
NORWAY - Norvestor's Panorama buys Boor
Panorama AS has bought the silverware supplier Boor AS for an undisclosed sum. Boor sells Norwegian silverware designs such as Telesølv, Odel and Juvel produced by Boor’s affiliated company, Bordsølv Design AS.
GERMANY - KKR sells mannesmann plastics machinery
KKR and Siemens have agreed to sell Munich-based mannesmann plastics machinery to Madison Capital Partners. US-based Madison, together with the company's management, will purchase 100% of the shares in the world's largest plastics and rubber processing...
UK - Prudential to sell PPM to PPM management
According to a report in the Daily Telegraph today Prudential is set to sell its private equity division to the company's management team. PPM Capital has about EUR 2bn of funds under management and hopes that the buyout will be completed by the end of...
UK - Regent Inns to stay independent
According to today's Times, rumoured talks between Alchemy Partners and Regent Inns, the operator of the Walkabout and Jongleurs chains, have fallen through.