News
High Tech makes medical devices investment
Imedos GmbH, a Jena-based developer of medical devicesfor retinal vessel analysis, has closed a financing round with High Tech Private Equity’s investmentfund HTB. The investment will secure the further international expansion of the company.
PPM German team in second acquisition
PPM Capital has signed ashare purchase agreement to acquire BST Safety Textiles, a leadingglobal manufacturer of fabrics for the automotive airbag segment as well asthe seatbelt and commercial webbing in North America, from Johann Berger.Combined equity...
Advent firm in property deal
ILVA Furniture Ltd, the UK trading arm of the Danish furniture group, backed by private equity group Advent International, has completed a transaction with Marks and Spencer, Bride Hall Estates and Land Securities for the acquisition of leases on the...
Clearwater provides advice for engineering BIMBO
North East-based Responsive Group, has undergone a buy-in management buyout (BIMBO) for an undisclosed sum, from Chris Thompson and his family. Thompson is a well known local entrepreneur.
ABN AMRO buys Priory Group from Doughty Hanson
ABN AMRO has today entered into an agreement to acquire Priory Group from private equity firmDoughty Hanson & Co for a total equity and debt consideration of EUR 1.29bn.
Slump in confidence levels hits VCs, says Grant Thornton
The confidence levels of mid-market venture capitalists have dipped significantly during the second quarter of 2005, according to a survey of mid-market VCs conducted by Grant Thornton Corporate Finance. In the first quarter of 2005, nearly the totality...
AIM celebrates ten years in style
The AIM market has crowned its tenth year in operation bycompleting its strongest ever quarter of activity in terms of new admissions and money raised during the second quarter of 2005. Between April and June a total of 144 companies have been admitted...
Debevoise promotes Arthur Stewart
The London office of Debevoise & Plimpton LLP has announced the promotion of senior corporate solicitor, Arthur Stewart, to international counsel.
Venture Index investment levels up 9%
Venture Index, the UK's first index designed to lift the lid on investments in small, unquoted UK companies, has reported a rise of 9% in the number of investments since the beginning of the year.
VCT merger flurry predicted
Noble Group, the independent investment bank and leading advisor on the VCT sector, is predicting consolidation in the £1.4bn VCT sector with a high level of mergers and acquisitions activity over the next 3 years.
Palamon boosts German team
Palamon Capital Partners has expanded its German investment team with two senior appointments. Dr Tom Sommerlate has been appointed to the firm’s board of advisors. Dr Sommerlate is chairman of Arthur D. Little’s management consulting activities in...
CapMan buys Infocare from Fujitsu and 3i
The funds managed/advised by CapMan and Helge Briseid Risnes, CEO and founder of theInfoCare Group, will acquire the Norwegian specialist in ICT services InfoCare ASA fromFujitsu Services and 3i. Following the transaction, CapMan funds have a 67% stake...
Archangel appoints new chief executive
Peter Shakeshaft, who has spearheaded the development of the Archangel Informal Investment for the past five years, has announced he is handing over the management of the syndicate to newly-appointed chief executive, John Waddell, currently director with...
3i exits Zenith with 60% IRR
3i has sold its minority stake in Zenith, one of the UK’s largest independent vehicle leasing companies to Dunedin Capital Partners, in a total deal worth £27m.
Advent hires new staff following fund close
Advent International, the global private equitygroup, today announced the appointment of five new investment executives toits London team.
Allars joins Life Science Partners
Life Sciences Partners (LSP) has announced that Andy Allars will be joining its investment team as a part time venture partner.
Segulah acquires Skanska Prefab Mark from Skanska
Skanska Prefab Mark AB is the market leader in Sweden in manufacturing and selling prefabricatedproducts in concrete for sewage, drainage and paving. The company wasfounded in the late 19th century and has since been part of the now global constructiongroup...
Speechly Bircham announces two new private equity partners
Speechly Bircham is pleased to announce the appointment of two new partners to its private equity team. Dee Sian has been promoted to the partnership from 1 June 2005 and she will shortly be joinedby Andrew Clarke who joins the firm from Jones Day on...
Advent and PM buy Gruppo Argenta
Advent International, the global private equity firm, today announced the acquisition of Gruppo Argenta, a leading Italian vending machine operator. The value of the transaction has not been disclosed. Advent will hold a 65% stake in the company. PM &...
Business optimism among manufacturers falls, says Barometer
New research has revealed that confidence levels among the directors of mid-sized manufacturing companies in Britain has dropped considerably. 52% of respondents feel optimistic about growth prospects now compared with 70% in January.
IK to acquire 75% of Kid Interiør
The Industri Kapital 2004 fund will acquire 75% of the leading Norwegian home textile retailer Kid Interiør from its family owners who will retain a 25% holding.
Impetus Trust makes fourth investment
Impetus Trust, the UK’s first general venture philanthropy fund founded by industry veterans Stephen Dawson and Nat Sloane, is backing the charity Leap Confronting Conflict. Leap which will be Impetus’s fourth investment is the leader in conflict resolution...
Albany leads investment in High Integrity Solutions
Albany has led a ТЃ2.5m funding for High Integrity Solutions, alongside Foresight and Enterprise VCT Plc, to market its software development framework into major engineering projects across the world. This second round funding follows an original investment...
German Equity Partners BV sells Spectro to Ametek
ECM has advised a consortium of institutional investors led by German Equity Partners BV in thesale of Spectro to the American publicly quoted Ametek Inc.