News
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-Bird’s second album. Martina Topley-Bird’s 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.
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.
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...
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 – Ajay Chowdhury, Hitesh Mehta and Chris Smart – have bought out the fund holding the European venture capital portfolio (renamed Acacia I LP) from IDG Inc. The deal was completed with...
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.
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.
UK - BDO appoints 13 new partners
BDO Stoy Hayward has announced the appointment of 13 new partners, with effect from 1 July 2006.
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...
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...
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.
UK - Photo-Me likely to be private equity target
The Surrey-based photobooth maker, Photo-Me, has confirmed that it has hired JPMorgan Cazenove as a financial adviser according to the Times. The shareprice of the group has suffered in recent months, closing on Friday at 86p compared to 132p last November,...
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 - 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.
FRANCE - Viaduc receives EUR 5m from French investors
Viaduc, the French leading online professional contacts exchange, has gathered EUR 5m from AGF Private Equity and Ventech.
ITALY - Barclays Private Equity Acquires ULKA Costruzioni Elettromeccaniche SpA
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.
UK - Sovereign Capital recruits Phil Hinson
Sovereign Capital has appointed Phil Hinson as an assistant director. Hinson has spent the last six years with PricewaterhouseCoopers Corporate Finance where he was a founding member of the business services sector team, focusing primarily on the facilities...
UK - 3i backed TransMedics participates in first ever UK beating heart transplant
TransMedics, which received financial backing from 3i in 2003, has participated in the UK's first beating heart transplant.
UK - Skype investor joins Benchmark Capital
Benchmark Capital Europe, the early-stage technology venture capital firm, has announced that Klaus Hommels has joined the firm as its first European venture partner. Hommels will work with the firm on both new opportunities as well as Benchmark’s current...
UK - Jonathan Bell joins LDC in Manchester
LDC has boosted its Manchester new business team with the appointment of Jonathan Bell.