Austrian private equity firm Invest Equity has launched its new Greater Europe Fund to target investment opportunities in EU accession countries as well as in Austria.
Electra Partners Europe has sold Premium Credit, a UK finance company, to MBNA Europe for £67m, achieving an IRR of 29 percent.
Techno Venture Management, the German-US venture capital firm, has promoted Stephen Hoffman to general partner and Josef Moosholzer to venture partner.
Candover has sold its interest in Baxi, returning just under two times its investment, while joint owner Electra has agreed to stay in the deal alongside new owners BC Partners.
Cambridge Silicon Radio, the provider of Bluetooth technology solutions that is backed by a host of venture capital firms, has announced a £250m flotation on the London Stock Exchange.
Nordic buyout firm EQT has sold Finnish baker Vaasan & Vaasan for an undisclosed sum to another equity house sum following a limited auction led by Deutsche Bank.
The Paris-headquartered private equity house has agreed a deal with the French shoe and clothing retailer’s majority shareholders to buy their 68 percent stake.
Private equity firm Compass Partners is losing operating partner Ken Hanna to Cadbury Schweppes, the confectionery and beverages group, where he will become chief financial officer.
The US energy investment specialist, operating out of offices in San Francisco, Boston and New York, will target power and electric utility deals.
Wellington Partners, the Munich-based venture capital firm, has sold German content security provider Cobion to Nasdaq-listed Internet Security Systems, an IT security firm, for $33m.