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News

SPAIN - Bridgepoint buys Dorna from CVC

Bridgepoint has won the competitive auction to replace CVC Capital Partners as a shareholder in Dorna, a motorcycle sports business that promotes and manages MotoGP (the Motorcycle Road Racing World Championship). Other private equity firms involved in...

  • Buyouts
  • 20 July 2006
UK - Sovereign Capital expands its team

Sovereign Capital Partners is expanding its investment team with the recruitment of Mark Williams as investment manager, bringing Sovereign’s investment team to 17. Mark joins from BA Capital Partners Europe - Bank of America Bank, where he worked on...

  • People
  • 20 July 2006
UK - Aggregator television attracts £9m from 3i, Amadeus and Intel Capital

3i, Amadeus Capital Partners and Intel Capital are co-leading a £9m series-A financing round for London-based digital TV operator Aggregator Limited. The funding will be used to roll out a series of products over the next two years.

  • Expansion
  • 20 July 2006
ITALY - Carlyle may sell stake in Avio to a private equity firm

The Carlyle Group may choose to sell its majority stake in Avio Holding, an aerospace engine maker, through a private sale instead of a planned IPO.

  • Southern Europe
  • 20 July 2006
UK - Catapult Venture Managers back Exmet

Catapult Venture Managers has led a syndicate of investors to provide a £600,000 funding package for Kingswinford-based Exmet Limited, the supplier of the See20/20 specialist management software system for single and multi-site ophthalmic practices.

  • Expansion
  • 20 July 2006
UK - ABN AMRO Capital acquires Amtico in £98.25m deal

ABN AMRO Capital has agreed to acquire Amtico International, the high end flooring designer and manufacturer, from Electra Private Equity. The transaction, which is expected to complete in around four weeks subject to customary approvals, values the business...

  • Buyouts
  • 20 July 2006
BELGIUM - KBC Private Equity sells I-PAC Technologies

KBC Private Equity has signed an agreement to sell its 18.90% stake in I-PAC Technologies, a specialist in the development of new technologies for the plastic packaging industry. InnoConcepts NV, the principal stakeholder, will acquire the stake for EUR...

  • Exits
  • 20 July 2006
SPAIN - Litexco announces investment in Alliance to Business Solutions

The investment group Litexco, via its private equity arm, has announced a first round of funding in Alliance to Business Solutions SL, a company specialised in services for the insurance sector. It has secured capital of EUR 140,000.

  • Southern Europe
  • 20 July 2006
ITALY - Wise acquires majority stake in SpII SpA

The private equity firm Wise SGR, via the funds Wisequity II & Macchine Italia, has acquired a majority stake in SpII SpA, an industrial automation player for the logistic sector, from its founders for an undisclosed sum.

  • Buyouts
  • 19 July 2006
BELGIUM- KBC invests in Tailormade Logistics and Tailormade Transport

KBC Arkiv has invested EUR 1m in Tailormade Logistics and Tailormade Transport, two Flemish companies specialising in integrated logistics services.

  • Expansion
  • 19 July 2006
UK - Esprit join Atlas and Benchmark in funding round for Newnham

Newnham today announced it has raised $13.25m in a series-B extension round of venture capital to help the company expand the development and worldwide marketing of its interactive networked display software and semiconductor technology. Following this...

  • Expansion
  • 19 July 2006
SPAIN - SEPIDES to finance expansion of e-Cultura

The private equity fund Banesto ENISA SEPI Desarrollo has agreed to purchase a minority stake in e-Cultura Net S.A for EUR 3m. This is part of an expansion strategy led by the fund’s vehicle SEPI Desarrollo Empresarial S.A (SEPIDES).

  • Expansion
  • 19 July 2006
FRANCE - Tornier announces investment by Warburg Pincus

Tornier, a global orthopedic company based in Grenoble, France, announced today that it closed a transaction with an investor group led by Warburg Pincus to acquire a majority interest in the company. The terms of the transaction were not disclosed. In...

  • Expansion
  • 19 July 2006
SPAIN - Inova exits La Estrella Digital

According to reports in the Spanish press, the private equity firm Inova has sold its 30% stake in the e-newspaper La Estrella Digital from communications entrepreneur Mariano Álvarez Gutiérrez for an undisclosed sum.

  • Exits
  • 19 July 2006
UK - Close Brothers announces senior management changes

Corporate finance house Close Brothers has today announced a reshuffle of its senior management team. The changes are part of the company’s strategy to position itself for its next stage of evolution. Martin Gudgeon, currently Head of European Special...

  • People
  • 18 July 2006
UK - Hotxt closes $6.5m financing round

Hotxt, the text proposition that is revolutionising the text market, today announced the closing of a $6.5m financing round by entities affiliated with the Tudor Group1.

  • Expansion
  • 18 July 2006
NL-Cinven and Warburg Pincus agree to acquire Casema

Cinven and Warburg Pincus have announced that they have signed an agreement to acquire cable operator Casema from The Carlyle Group, Providence Equity Partners and GMT Communications Partners.

  • Buyouts
  • 18 July 2006
UK - Clearbrook makes first exit

Clearbrook Capital Partners announces that it has agreed to sell Eclipse Scientific Group, the leading independent laboratory company, for £50m to Inspicio Plc, the testing and inspection group. The sale is the first disposal by Clearbrook, the private...

  • Exits
  • 18 July 2006
UK - Aberdeen Asset Managers private equity team moves Manchester office

The Manchester-based private equity and growth capital teams of Aberdeen Asset Managers have moved to new premises in the centre of Manchester. After more than 15 years in their current location, the teams have moved to larger, newly refurbished offices...

  • UK / Ireland
  • 18 July 2006
UK - Terra Firma's waste unit set to be acquired by Spain's FCC

Fomento de Construcciones y Contratas, S.A (FCC), a Spanish construction and service group, is set to acquire the waste disposal arm of Waste Recycling Group Holdings (WRG) from Terra Firma. The deal values the waste disposal side of the business at £1.4bn....

  • Exits
  • 18 July 2006
SPAIN - Inova exits La Estrella Digital

According to reports in the Spanish press, private equity firm Inova has sold its 30% stake in the e-newspaper La Estrella Digital to communications entrepreneur Mariano Álvarez Gutiérrez for an undisclosed sum.

  • Exits
  • 18 July 2006
NL-Cinven and Warburg Pincus to acquire Casema

Cinven and Warburg Pincus have reportedly reached an agreement with Carlyle, Providence Partners and GMT Communications to acquire Casema for around EUR 1.2bn. Carlyle and Providence each hold a 46% stake in Casema, with GMT Communications making up the...

  • Benelux
  • 17 July 2006
UK - Microsoft executive Judy Gibbons joins Accel London

Accel Partners has announced the appointment of Judy Gibbons as venture partner in its London office, which focuses on early stage Internet, software and communications investments in Europe and Israel.

  • People
  • 17 July 2006
GERMANY - Candover's Qioptiq tenders strategic add-on

Candover portfolio company Qioptiq has launched a strategic public tender for Frankfurt-listed Linos AG. The acquisition is being made via a Qioptiq acquisition vehicle called Optco Akquisitions GmbH and is funded from the company's balance sheet.

  • DACH
  • 17 July 2006
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