News
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.
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...
Albany leads investment in High Integrity Solutions
Albany has led a £2.5m 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...
CVC appoints Feuer and Lucas as managing partners
CVC Capital Partners has announced the appointment of Jonathan Feuer and Rob Lucas, both partners of the company, to managing partners with immediate effect.
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.
Santaris Pharma raises EUR 4.4m in interim funding and launches second round financing
Santaris Pharma, the Danish biopharmaceutical company developing gene-targeting drugs for the treatment of cancer, today announced that it has received additional financing of EUR 4.4m from its lead investors: BankInvest, Novo, LD Pension, InnovationsKapital,...
Global Private Equity Barometer underlines appetite for asset class
Institutional investors (LPs) anticipate an even more active private equity market in the coming year, according to Coller Capital’s latest Global Private Equity Barometer, but their satisfaction with the best and worst-performing areas of private equity...
3i boosts Asian team
As part of its growth strategy for Asia, 3i has announced the appointments of Daizong Wang, Jae Kim, Bonnie Lo and Jason Yin in Hong Kong and the transfer of Dominic Orchard to the Asian team from London.
Macquarie wins BBC deal
Macquarie Capital Alliance Group (MCAG) today announced that Creative BroadcastServices Limited, a consortium led by MCAG and including Macquarie Bank Limited, hasentered into an agreement with the British Broadcasting Corporation (BBC) to acquire100%...
ReVolt Technology AS receives EUR 7m from VC syndicate
ReVolt Technology AS, a technology start-up based in Trondheim, Norway, which offers a new solution for rechargeable batteries, has received EUR 7m in a first round of financing by Northzone Ventures, Sofinnova Partners, Techno Venture Management (TVM),...
Permira hires Sir Mervyn Pedelty
Permira today announcesthat Sir Mervyn Pedelty has joined Permira’s team as a senior industry adviser.
Video Island acquires DVDs365
Video Island, the UK’s largest online DVD rental service today announced the acquisition of DVDs365. In a move to extend its leadership in the UK’s online DVD rental market, Video Island also brings on board DVDs365’s sister brands - Mailbox Movies,...
3i sells Reddot to Nasdaq listed Hummingbird
3i has announced the sale yesterday of its portfolio Reddot Solutions for a cash consideration of EUR 39.1m to Nasdaq listed Hummingbird.
London Fund launched into equity gap
Nicky Gavron, deputy mayor of London, is launching the £15m venture capital fund, the London Technology Fund (LTF), on Monday 27 June 2005 at the Royal Society. The LTF will be funded by the London Development Agency (LDA) and the European Regional Development...
Successful IPO for Revus Energy
Revus Energy, the independent Norwegian upstream company, has achieved a successful flotation of its business on the Oslo Stock Exchange with trading of the company's ordinary shares due to commence today.
CapMan exits Holiday Club Finland
Funds managed/advised by CapMan and Procurator Oy will sell their ownership in Finnishleisure travel service company Holiday Club Finland to London & Regional Properties (L&R),one of the biggest owners of hotel properties in Europe. The transaction value...
CVC to sell Kwik-Fit to PAI
CVC has announced its intention to sell Kwik-Fit Group Ltd to Speedy 1 Ltd, a company controlled by PAI Partners, for £800m. The basis and terms of the proposed transaction have been agreed subject to certain regulatory and other approvals.
Logic Control sold to Sage Group
The Sage Group Plc has agreed to acquire Logic Control S.A., a vendor of business management software in Spain, for an enterprise value of approximately £55m, paid in cash. The deal represents an exit for InvestIndustrial, Sagitta and B&S. The acquisition...
Graphite sells LS Group to SIG for £47m
Graphite Capital, the UK mid-market private equity specialist, has sold its majority shareholding in LS Group (LS) to SIG, the leading supplier of insulation, roofing and commercial interiors products. The deal values LS, the bespoke door manufacturer,...
Sigefi Ventures profits from 2 exits in 2005
Sigefi Ventures, which is in charge of the Siparex Group’s venture capital activity, realized EUR 8.5m in capital gains over the first five months of 2005. The capital gains came from the “FCPI” innovation funds and the fund Sudinnova II, all of...
HgCapital supports Clarion Events in £13.5m acquisition of ATE
HgCapital has invested £4.2m in Clarion Events' £13.5m acquisition of Amusement Trade Exhibitions Group (ATE), the commercial exhibition, conference, publishing and services subsidiary of the British Amusement Catering Trade Association.
New pharma fund acquires Xenova
A new private equity fund led by Stephen Evans-Freke and John Mayo has announced its first investment with the takeover of Xenova.
Meiosys sale success for large VC syndicate
IBM has acquired Meiosys, a privately held company based in Palo Alto and Toulouse. Meiosys provides unique software technologies that enable applications to be dynamically moved from one server or set of servers to others without disruption. Financial...
Siparex expands investor relations team
Nicolas Eschermann has joined Siparex to strengthen the group's investor relations activities. A graduate from EM Lyon, he started his career in Argentina as head of a department of EDF specialising in power distribution. Back in France in 1997, he...