Deal round-up 16/04/02

Baring Central European commits to Falcon-Vision; CDC backs $7m software funding; AMJPE invests in charter airline start-up

Baring Central European commits to Falcon-Vision

The Baring Central European Fund (BCEF), part of Baring Private Equity's E2.3bn private equity business, has invested $2m in Falcon-Vision, a Budapest-based maker of industrial vision and lighting components industries.

Falcon, which counts GE Lighting, Audi, VAW and Grundfos among its customers, will use the funding to expand its sales capacity in Europe, develop product design and train engineering staff.

Falcon is BCEF's second Hungarian investment. It also holds a stake in Allami Printing Company, a security printer and one of central Europe's largest producers of plastic cards.

CDC backs $7m software funding

CDC Innovation Partners, the French private equity firm, has led the latest round of financing at Kaidara, a California-based developer of software solutions. The series B financing netted Kaidara $7m, which it will use to develop its technology and business strategies.

CDC Innov was invested alongside ACE Management and Financière de Brienne They were joined by previous investors Galilleo Partners and LCF Rothschild. Chausson Finance acted on behalf of Kaidara in securing funding.

AMJPE invests in charter airline start-up

Aberdeen Murray Johnstone Private Equity, has invested £3.6m into Astraeus, a new company which aims to become a leading independent charter supplier in the UK for the inclusive tour and contract charter market.

The company has already taken delivery of its first Boeing 737-300, with three more aircraft expected by July. AMJPE’s investment in Astraeus was made through MJPAP II, Murray VCT 3 plc, Murray VCT 4 plc, ADC and ACCSF.