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.

Report: Terra Firma denies misleading Natixis

Terra Firma, the UK buyout firm, has said it had no motive to mislead the buyers of Boxclever debt in a case that the prosecution claims shines a spotlight on the enormous pressures of City life.

Permira doubles investment in charity fund(2)

The buyout firm has committed €2m, fundraising expertise and executive support to Breakthrough, the social enterprise support group it co-founded in 2005.

CCMP closes ‘debut’ fund on $3.4bn(4)

JP Morgan spin-out CCMP Capital has closed its first global fund, which will focus on buyout and growth equity opportunities.

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.

Balmoral buys 'recession resistant' yacht-builder

The European mid-market firm has done its second deal after closing its debut fund in April last year on an undisclosed amount.

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.