News
FRANCE - Triago-X appoints new principal
Triago alternative eXchange (Triago-X) has today announced the appointment of Justin Grover as principal. He will strengthen the team and contribute in the international development of the company.
GERMANY - Palamon takes controlling stake in cadooz
Palamon Capital Partners has acquired a controlling stake in cadooz AG. The company is a provider of gift certificates for corporate customers in Germany. The financial investor has committed EUR 15m in capital within the framework of the transaction.
UK - Blackstone to reunite Center Parcs
Blackstone is to purchase Center Parcs property in Belgium, the Netherlands and Germany worth EUR 630m in a bid to revitalise the company according to the Financial Times today. The Dutch-founded company was establised in 1967 with the UK division having...
UK - Permira and DLJ make shortlist for All3Media
Permira and the private equity arm of Credit Suisse, DLJ are on the shortlist to acquire the company behind Hollyoaks and the Richard & Judy show.
GERMANY - 3i and Triton exit CoCreate
3i and Triton have exited their holding in CoCreate to HBK Private Equity Group.
SWITZERLAND - Capvis invests in storage solutions
Capvis Equity Partners has taken a majority stake in Lista B+L Holding, comprised of the Lista Workspace and Storage Systems group. The deal is part of Lista Group's 18-month restructuring plan. The company recorded revenues of SFr 220m in 2005, with...
FRANCE - French investor backs MBO of home hairdressing service
Edmond de Rothschild Capital Partners (EdRCP) has taken a significant majority stake in home hairdresser, Viadom.
UK - Citigroup recruits Laurent de Rosière to its private equity team
Citigroup’s Private Equity Placements Group has strengthened its team with the appointment of Laurent de Rosière from Acanthus Advisers, a London-based private equity advisory firm, where he was a Principal from 2003.
UK - Inflexion enlarges portfolio company Healthcare Knowledge International
Inflexion Private Equity has led the acquisition of Cardiff Research Consortium Ltd, a healthcare consultancy business, on behalf of its portfolio company Healthcare Knowledge International, consisting of CHKS Ltd, its UK division and Iasist in Spain.
UK - Gresham backs MBO of Giles Insurance Brokers
Gresham has announced that it has backed Chris Giles and the management in the management buyout of Giles Insurance Brokers Ltd, one of the UK’s fastest growing commercial insurance brokers, in a deal valued at £45m.
FINLAND - Movida Group makes a EUR 6m investment in Habbo
Movida Group, which is a joint venture by SoftBank BB corp. and Asian Groove, has agreed to make a EUR 6m investment in 3i-backed Habbo Hotel, a leading online teen community operated by Sulake Corporation. The investment will be executed through Movida...
UK - Terra Firma to team up with GIC and Macquarie for Thames Water?
The Financial Times suggests that Terra Firma may be joining forces with the investment vehicle of the Singaporean government, GIC, in order to bid for Thames Water. Macquarie Bank is also reported to be involved in preliminary talks to form a consortium.
UK - Further consolidation of the health market?
Holmes Place, controlled by Permira and Bridgepoint Capital, could be acquired by Virgin Active if a new merger plan is to go ahead. According to the Financial Times, the Virgin Group would then float the enlarged company which would be the UK's second...
GERMANY - Dr Neuhaus Techno Nord announces new appointment
Paul Jozefak has joined Dr Neuhaus Techno Nord from his former position as investment director with SAP AG.
UK - Gresham Private Equity backs MBO if Just Trays
Gresham Private Equity has today announced its backing in the MBO of Just Trays, the UK’s leading manufacturer of shower trays. It has an estimated 20% share in the UK shower tray market and plans to increase its market share by introducing further...
UK - Benson Elliot Capital appoints new partner in the firm
Benson Elliot Capital Management, which was recently launched by former Doughty Hanson Real Estate head, Marc Mogull, has announced the appointment of Philip Irons as a new partner in the firm. He will be given primary responsibility for overseeing private...
FRANCE - Jaques-Philippe Gunther to join Willkie Farr & Gallagher
Willkie Farr & Gallagher has today announced the appointment of Jaques-Philippe Gunther as an associate, and will be joined by David Tayar who will join the European Counsel.
SWEDEN - Industrifonden to open Gothenburg office
Industrifonden will open a new office in Gothenburg in August to increase its presence on the West coast of Sweden. Thomas Carlström, one of the group's most experienced investment managers, will work there four days a week.
AUSTRIA - gcp portfolio company branches out
RFID-based tracking and tracing specialist Identec Solutions, a gamma capital partners portfolio investment, has acquired Baumer Ident GmbH. Baumer is a global manufacturer of industrial auto-ID systems and is currently headquartered in Weinheim Switzerland.
FRANCE - Pharmaceutical R&D firm get EUR 1m
CIC Vizille Capital Innovation (CIC Vizille CI) and Sudinnova have led a first round of financing for pharmaceutical R&D laboratory, Transmedi, together contributing 70% of the EUR 1m injected. The balance is provided by regional investor Institut Lorrain...
UK - Lion Capital to acquire La Senza
Lion Capital LLP has signed an agreement to acquire La Senza Ltd by the end of next week. La Senza is a UK and European leader in specialty retail of women’s lingerie and nightwear.
UK - Goldman Sachs head of European private equity step down
The Financial Times reports today that Richard Sharp, head of European private equity at Goldman Sachs, is to step down at the end of the year.
UK - Premier Foods looks likely contender for Campbell's Soup business
As the results of the auction for the UK and Irish businesses of Campbell's Soup are awaited, Premier Foods has revealed bouyant trading in its convenience food range.
UK - Ernst & Young appoints four new partners to private equity team
Ernst & Young has boosted its private equity team with the appointment of four new partners according to Accountancy Age. John van Rossen has joined the firm from KPMG and Michel Driessen as formerly at Fijitsu Siemens. The latter will lead E&Y's operational...