News
UK - Acquisition of Contour Showers Ltd by MST Capital
Contour Showers Ltd, the UK brand of specialist shower equipment for the elderly and special-needs markets, has been purchased by MST Capital, in conjunction with a new management team of managing director Tim Robinson and finance director David Whitehead....
UK - Northern Venture Managers acquires clothing retailer Nightingales
Northern Venture Managers (NVM) has acquired Nightingales Ltd, a long-standing and well-established mail order clothing retailer, through a management buy-in. NVM have invested ТЃ5m in return for a significant stake in the business. The transaction was...
FRANCE - JP Morgan leads massive EUR 25m expansion in Tagsys
JP Morgan Asset Management, Endeavour and Cazenove have invested EUR 27.5m in a second round of financing for Tagsys, following its MBO from Gemplus in 2001.
SWEDEN - Gartner names VC-backed PacketFront as 'Cool Vendor'
PacketFront has been included in the list of "Cool Vendors" in the "Cool Vendors in Carrier Network Infrastructure 2006" report by Peter Kjeldsen et al of Gartner Inc. The vendors highlighted in this report are 'pragmatic innovators'.
UK - Appointment of two new enterprise capital funds announced by Department of Trade and Industry
The Department of Trade and Industry has announced the appointment of a further two new Enterprise Capital Funds (ECF). These new Funds join the two ECF Funds announced at the time of the budget. This initiative is aimed at increasing the amount of new...
FRANCE - CVC Capital Partners makes two senior appointments
CVC Capital Partners has bolstered its Paris office with two senior recruits.
TURKEY - AIG Capital Partners invests in Turkish retailer
AIG Capital Partners, a member company of AIG Global Investment Group, announced today it has indirectly acquired a substantial position in For You Bakým Ürünleri Maðazalar L.Þ. The investment, which also included participation by Eastern Retail Holding...
UK - MFI Furniture Group Plc up for sale?
The troubled MFI retail outlets, which number 200 across the UK, may be sold by MFI Furniture Group which reported today that it had received expressions of interest for all or part of the business.
UK - GI Partners acquires group of London Thai restuarants
GI Partners, the US private equity firm most famous for the take-private of Yates pub company in 2004, has today acquired a number of oriental eateries in London, reports The Times. The deal worth approximately ТЃ20m includes restaurants such as Sri Thai,...
FRANCE - 3i sells its stake in French gas specialist Oldham to US group
3i has realised its interest in Oldham SA, the French leading manufacturer of gas detection and measurement tools. The buyer is Industrial Scientific Corporation, the American leader in this same field.
SWEDEN - QuNano secures SEK 45m funding
Lund-based QuNano AB has received SEK 45m in series-A financing from Provider Venture Partners and Teknoinvest. In 2005, the company secured seed capital from Teknoinvest.
UK - South West Ventures Fund invests in data conference company
South West Ventures Fund has invested ТЃ250,000 in VQ Communications Ltd, a video and data communication developer based in Chippenham.
NL- NPM-Capital sells stake in Keesing Group
NPM Capital and management have reportedly agreed to sell all shares in Keesing Group, a Dutch publishing house, to Telegraaf Media Groep for EUR 81.3m. The debt component is understood to be around 40%.
GERMANY - capiton announces latest divestment
capiton has announced a further divestment following its exit from Hettich in January this year. The financial investor has sold its stake in Essener Hochdruck Rohrleitungsbau (EHR) to Bilfinger Berger AG.
NL- Knight Vinke to tender its shares
Knight Vinke Asset Management has given up its opposition to the takeover bid for VNU and has tendered its shares in the company. Earlier this month Templeton, owner of approximately 14.7% in the company, signalled its support, easing the way for a successful...
UK - ABN considering sale of lorry maker Dennis Eagle
According to reports in The Daily Telegraph today, ABN Amro Capital are contemplating a realisation of their investment in refuse lorry maker Dennis Eagle. ABN Amro Capital purchased the company from rival private equity firm Bridgepoint in 2004 for ТЃ51m....
NL- LPs to congregate in Amsterdam
Following the huge success and positive feedback we received from attendees of the Limited Partners Private Equity Congresses held in London and Stockholm earlier this year, Benelux unquote’’ is delighted to announce the launch of the Benelux Limited...
GERMANY - Warburg Pincus in renewables double
Funds advised by Warburg Pincus have acquired Vital Fettrecycling GmbH & Co. KG, along with its subsidiary Petrotec GmbH. Vital is active in the disposal and recycling of meat fats, whilst Petrotec produces biodiesel. The vendors, Ulrike Petershagen and...
GERMANY - Advent acquires RWE Solutions Gruppe
Advent International has taken over RWE Solutions Gruppe from RWE Energy. The group consists of SAG, Nukem, RWE Industrie-Loesungen, RWE Space Solar Power and Lahmeyer International. The group is engaged in energy provision and assoiated applications....
NETHERLANDS - Intermediate Capital Group completes recap of Motip Dupli Group
Intermediate Capital Group PLC (ICG) has announced the recapitalisation of Motip Dupli Group, the leading European manufacturer of aerosol paints, touch-up paint pencils and technical aerosols.
UK - Barclays Ventures appoints new associate director
Barclays Ventures has announced the appointment of Emma Morris as associate director based at its London office. Emma (28) brings a wide range of experience in mid-market private equity and M&A, and recently completed a six month secondment with Barclays...
NETHERLANDS - Carlyle and Oranje Nassau Groep to acquire Stahl Holdings
Carlyle and Oranje-Nassau Groep (ONG) have signed an agreement to acquire Stahl Holdings BV from affiliates of Investcorp.
NETHERLANDS - Bencis invests in Rynart Transport
Bencis Capital Partners has acquired a substantial interest in logistic service provider Rynart Transport.
BELGIUM - GIMV sells LA Gym to Waterland-owned healthcity
GIMV has sold its majority stake in fitness chain LA Gym to the Dutch HealthCity Group, owned by Waterland Private Equity.