Western Europe

Bridges buys recycling business(2)

Bridges Ventures, a venture capital firm focussed on regeneration and sustainability, has bought tyre recycling business Credential Environmental fulfilling both its aims.

Index banks on the weather(4)

Index Ventures and New Enterprise Associates are backing a website that allows companies to hedge their exposure to the weather. In the US alone £3.8 trillion is at risk, according to estimates.

Spectrum invests $300m in genealogy company(2)

Spectrum Equity Investors will acquire a majority stake in The Generations Network, a company the firm has backed since 2003. The investment deepens Spectrum’s holdings in the online media sector.

Carlyle consortium starts inspection buy and build

The consortium backing Spanish inspection business Applus is adding to the rapid growth in the company’s chemical and energy inspection arm.

Isis makes 3x money bolstering national security(2)

Isis Equity Partners, the UK mid-market buyout firm, has sold secure messaging company Boldon James to trade buyer Qinetiq, after securing contracts for the company with the UK Ministry of Defence and the UK Cabinet office.

Pension Corporation postpones Telent bid for a week(4)

Edmund Truell’s Pension Corporation has postponed its bid for ex-Marconi Telent by a week in response to the appointment of three independent trustees to the company’s pension board by the Pensions Regulator.

HBoS buys stake in investor network(2)

After six months of negotiation Pi Capital, a high net worth investor network, has sold a stake in itself to Bank of Scotland’s growth equity team to increase the deal flow for its members.

Boots syndication could take up to a year(4)

The syndication of the remaining tranche of Alliance Boots debt could take up to a year after a double blow to the company.

GIP acquires Argentinian container terminal operator

Credit Suisse- and General Electric-backed Global Infrastructure Partners has purchased a second add-on for its global ports platform.

Silver Lake Sumeru in debut tech deal(3)

Silver Lake’s middle-market technology fund, currently reported to be raising an inaugural $1 billion, has done its first deal with the acquisition of mobile phone marketing company Mobile Messenger.