Private Equity News & Analysis

Survey says internet hotel sector overhyped

The survey says that short-term revenue growth in the sector is very high but market perceptions of a huge and enduring excess of demand over supply are false.

Aura JV formed for Iberian internet investment

La Caixa, AC Ventures and antfactory have formed a joint venture to invest in new economy business opportunities in Spain and Portugal.

Direvo Biotech completes E8.75m financing

The financing comes from both venture and private investors.

CVC exits Building & Property for £74.8m

Buyer Tilbury Douglas is funding the acquistion by a rights issue that will cover both the purchase and the assumption of Building & Property’s circa. £10m net debt.

ABN Amro acquires Perkins

Perkins Foods announced last week that it had received an indicative offer from a financial buyer and today announced that ABN Amro is its new owner.

Cardion completes E42.3m Financing

The company is about to enter into clinical trials with its lead product, NOStentin.

British Coal Pension Fund to step up private equity investment

Most of the extra investment however is to go into US rather than UK funds

Breathe.com collapses

The company failed to secure a second round of financing following the closure of breathe freely, its unmetered internet access service.

Durlacher shares tumble with profit warning

U.K. investment bank Durlacher expects to report substantial losses for the six months to December 31. Shares in the company fell by 19 per cent to 23.5 pence upon the announcement.

EIF continues to support European banks’ prferential loans to SMEs

The European Investment Fund and Danish Bank Roskilde Bank A/S will offer an alternative to VC financing for SMEs.
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