Esprit de corporates
While traditional VC fundraising slumped in 2009, corporate venturing remained solid. A growing number of start-ups are now seeking to take advantage of this symbiotic source of capital.
Wednesday, 24th February 2010
LATEST NEWS
Gresham’s James Grant Group buys Michael Kay & Co business
Gresham Private Equity’s James Grant Group has acquired the entertainment element of Michael Kay & Company, the Birmingham-based specialist accountancy practice, for an undisclosed sum.
Friday, 5th March 2010HgCapital sees NAV edge higher
HgCapital Trust, the listed vehicle that provides private equity firm HgCapital with funding, said today that its net asset value and the performance of its portfolio had improved in 2009.
Friday, 5th March 2010TA Associates to take eCircle stake
TA Associates has bought a majority stake in email marketing business eCircle from direct secondaries specialist Cipio Partners in a €60m deal that will see Cipio bank a 20 times return on investment.
Friday, 5th March 2010Bridgepoint to take Care UK private
Bridgepoint is to take health and social care provider Care UK private in a deal worth £423m (€468.4m).
Thursday, 4th March 2010Apax interested in Tommy Hilfiger deal
Apax, Tommy Hilfiger's private equity owner, is said to be in talks with Phillips-Van Heusen, the US fashion group that owns Calvin Klein, about a $3bn (€2.1bn) deal.
Thursday, 4th March 2010Three firms in final race to buy IDC
Three private equity firms and one trade buyer will compete to buy Interactive Data Corporation (IDC), the financial data group that Pearson has put up for sale.
Thursday, 4th March 2010Octopus seals fifth deal of 2010
Octopus Ventures has completed its fifth investment of the year so far, backing MetraSens, a technology business specialising in metal detection products for the healthcare and security markets, with £1.5m (€1.7m) of funding.
Thursday, 4th March 2010Advent opens New York office
Advent International is to open an office in New York this month, relocating UK managing director Tim Franks to head the team.
Thursday, 4th March 2010HTGF, DuMont and bAV sell stake in northworks
High-Tech Gründerfonds (HTGF), DuMont Venture and bAV Consult have sold their stakes in Hamburg-based online-gaming provider northworks Software to Travian Games, a Munich-based games provider.
Thursday, 4th March 2010Finnish Industry Investments backs Glaston
Government-owned investment company Finnish Industry Investment has made a €6.6m investment in glass technology company Glaston Corporation.
Thursday, 4th March 2010QUOTES OF THE WEEK
"If the raft of heralded IPOs is now not going to happen after all, GPs and LPs may have to modify their return expectations further."
Guy Fraser-Sampson, Cass Business School"Our impression is that corporates have become more aware of the potential benefits of corporate venturing to the enterprise."
Markus Thill, Robert Bosch Venture Capital Queen fails to save Northern Rock
Thu, 18
Oct 2007 May the Esprit be with you
Thu, 18
Oct 2007 Flat tax haven
Thu, 18
Oct 2007 The deer-hunter
Thu, 18
Oct 2007
Q&A: Robert Manz Enterprise Investors managing partner Robert Manz talks to Real Deals about the new economic reality, getting deals done in 2010 and the looming spectre of regulation.
LATEST ISSUE
Leader
The new AA saga
“It’s just another example of an asset-stripping private equity firm taking money out of a good business to line its own pockets.” It all sounds rather familiar, doesn’t it?
Top Story
Esprit de corporates
While traditional VC fundraising slumped in 2009, corporate venturing remained solid. A growing number of start-ups are now seeking to take advantage of this symbiotic source of capital.
Feature
Northern lights
After more than a year of near silence, the Nordic private equity market burst into life in the final quarter of 2009. More good news could emerge in the year ahead.
Comment
The fear factor
Abandoned IPOs should set off alarm bells within private equity, raising concerns that a much-heralded route to exit has suddenly slammed its door shut.
News Analysis
Northzone hits €90m first close on fund six
Northzone Ventures has become the first major venture firm to brave the fundraising trail for well over a year, reaching a first close on its sixth fund with €90m of commitments. The fund’s final target is€150m.
