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Western European Private Equity News

Brandwatch raises USD 6 mln from VC and Current Shareholders

Fundraising, Internet, E-Commerce & E-Services, Private Equity News, Spain, UK & Ireland, United Kingdom

Brandwatch, a social media monitoring company, today announces it has closed a $6 million investment led by Nauta Capital. Carles Ferrer, General Partner at the venture capitalist firm will join the Brandwatch board, along with Al Sisto, Venture Partner, who will join as an observer. Related Links: Press Release: Brandwatch raises USD  6 mln from VC [...]

Reiten & Co fund makes new investment in oil and gas consulting

Energy and Utilities, Investment, Nordics, Norway, Private Equity News

Increasing international growth is first priority for Stavanger-based oil and gas consulting firm Competentia. The financial platform is strengthened, with Reiten & Co Capital Partners VII L.P. private equity fund as new shareholder. Competentia will continue to cultivate its success formula, providing highly skilled project managers and engineers to the global oil and gas industry. [...]

Ingenious Asset Management Acquires Optima Managed Funds Division

Country, Financial Services, Private Equity News, UK & Ireland, United Kingdom

Ingenious Asset Management, part of UK based investment and advisory group Ingenious, today announces that it has acquired the Optima Managed Funds Division of Surrey-based accountancy firm Turpin Barker Armstrong (TBA). Related LInks: Press Release: Ingenious Asset Management Acquires Optima Managed Funds Division Investor: Ingenious Asset Management Target:  Optima Managed Funds Division

Litorina acquires Fiskarhedenvillan

Construction, Nordics, Private Equity News, Sweden

Litorina IV is acquiring the majority shareholding in Fiskarhedenvillan Group, one of Sweden’s leading suppliers of one-family houses. The current majority owner, Polaris Private Equity, is selling all its shares, while the company’s management is remaining as joint owner. No financial details were disclosed. Related Links: Press Release:  Litorina acquires Fiskarhedenvillan Investor: Litorina  Target: Fiskarhedenvillan Group  

Rhea team spins out to form new Turkish GP

Country, Financial Services, Private Equity News, Southern Europe, Turkey

Six investment professionals have left Turkish group Rhea Asset Management to launch their own venture, TRPE Capital. The spinout is an amicable one, with Rhea acting as a minority shareholder in the new venture. The firm will continue to manage the portfolio of investments made on behalf of Rhea, it said, “and will make new commitments [...]

BC Partners fundraising hits €6.5bn cap

Financial Services, Fundraising, Private Equity News, UK & Ireland, United Kingdom

BC Partners announces the final closing of BC European Capital IX (“BCEC IX” or “the Fund”) having successfully attained the Fund’s hard cap of €6.5bn in investor commitments. Strong demand was generated from both existing and new investors leading to a 60% increase in the firm’s investor base, a fund size 14% larger than the [...]

Dunedin to Exit SWIP Private Equity Fund of Funds II

Exit, Financial Services, Private Equity News, UK & Ireland, United Kingdom

Dunedin Enterprise Investment Trust plc (the ”Company”) is pleased to announce that it has sold its entire investment in SWIP Private Equity Fund of Funds II plc (“SWIP PEF”) to a number of third parties for an aggregate cash consideration of EUR 17,372,000, equivalent to approximately GBP 14.55 million. This consideration equates to a 8.0% discount [...]

Priveq invests in Smoke Free Systems

Healthcare Service & Pharmaceuticals, Investment, Nordics, Private Equity News, Sweden

Through a newly formed holding company, Priveq Investment Fund IV L.P. (”Priveq Fund”) becomes the new majority owner of Smoke Free Systems, one of the world leading niche players for protection from passive smoking, with a turnover of SEK 200 m. Dan Pitulia, former CEO of Carmel Pharma, previously co-owned by Priveq Investment, invests jointly with Priveq Fund and [...]

Summit Partners Invests in 360T Group

DACH, Germany, Investment, Private Equity News, Software & Information Technology

360T Group, the leading independent global provider of a multi-bank, multi-asset trading platform, announced today that growth equity investor Summit Partners has signed a definitive agreement to invest in the company. The investment will position 360T for continued strong global growth. The investment will involve a partial divestiture of the stake held by Brockhaus Private Equity, which [...]