Mark Evans has joined Benchmark Capital as a general partner in its European office in London. Prior to joining Benchmark Evans was CEO of a Benchmark portfolio company, BridgeSpan, a software and services provider to financial institutions, where he led the company’s growth and expansion. Prior to BridgeSpan Evans was an Entrepreneur in Residence (EIR) […]
Germany’s Neuer Markt that came to symbolise the excitement during the boom of the late 1990s and was often referred to as Europe’s Nasdaq, is to close. The Neuer Markt, the German Borse’s market for high growth dynamic group companies, opened in March 1997 and between then and the end of the year 2000, when […]
Wireless is the focus of the new fund from Spanish VC, Rodania. The firm is hoping to raise EURO45 million and has already secured EURO15 million from the European Investment Fund with a final close scheduled for December. “We have been fund raising for about six months and for a first time fund in this […]
Leman Capital has reached the first close of its second buyout fund, BVP Europe II at EURO150 million. The team hopes to achieve a final target of between EURO400 million and EURO500 million. The fund has attracted commitments from prominent US and Canadian institutional investors, all previous investors in Leman Capital’s first fund, BVP Europe. […]
Wireless is the focus of the new fund from Spanish VC, Rodania. The firm is hoping to raise EURO45 million and has already secured EURO15 million from the European Investment Fund with a final close scheduled for December. “We have been fund raising for about six months and for a first time fund in this […]
3i has acquired Paperpak for EURO95 million, backed by financing from Barclays Capital and Wells Fargo. Barclays provided EURO35 million, Wells Fargo provided EURO26 million and 3i injected the remaining EURO34 million. There will be no further syndication of the bank debt. The deal took nine months to complete because of complexities arising from the […]
Scottish banks are set to take the helm of acquisition finance in the Spanish market. Traditionally dominated by French banks such as SocGen and BNP Paribas, the most recent entrant to the Spanish private equity market is Bank of Scotland, which recently celebrated the launch of its Madrid office. Bank of Scotland’s Spanish office, located […]
Duke Street Capital has reached agreement with Invicta Leisure, the fitness clubs operator owned by RIT Capital Partners, Electra Partners and management, to acquire the company in a GBP140 million secondary management buyout. The acquisition is to be made in the name of Esporta Group, the new entity created as a result of this summer’s […]
Questor Management has received EU clearance for its EURO460 million acquisition of Fiat’s aluminium business, Teksid. Along with JP Morgan Chase and Private Equity Partners, Questor has acquired the whole shareholding owned by Teksid in all legal entities and undertakings forming the aluminium business. Fabio Sattin, president of Private Equity Partners, the only Italian firm […]
Wireless is the focus of the new fund from Spanish VC, Rodania. The firm is hoping to raise EURO45 million and has already secured EURO15 million from the European Investment Fund with a final close scheduled for December. “We have been fund raising for about six months and for a first time fund in this […]