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
Canter Equity Partners appoints three
Canter Equity Partners has appointed Andrew Kim, Nicolena Anderson and Fardeen Nariman as analysts.
Tuesday, 23rd February 2010HCT Group raises from Bridges
HCT Group, a UK social enterprise, has raised £3m (€3.4m) to fund the growth of its community transport businesses. The deal has been led by Bridges Ventures, with support from the Futurebuilders Fund.
Tuesday, 23rd February 2010T-Venture backs Jcom 1
T-Venture has made an undisclosed investment in BPM specialist Jcom1. Bayerische Beteiligungsgesellschaft and KfW Bankengruppe have previously backed the company.
Tuesday, 23rd February 2010Finnish Industry Investments commits €10m to DFJ Esprit fund
Government-owned investment company Finnish Industry Investment has made a €10m commitment to DFJ Esprit Capital III.
Tuesday, 23rd February 2010ETF appoints partner for London office
Environmental Technologies Fund has appointed Robert Genieser as a partner in the firm’s London office.
Tuesday, 23rd February 2010Finnish Industry Investments hires investment director
Finnish Industry Investment has appointed Heikki Vesterinen as investment director in the firm’s buyouts and M&A team.
Tuesday, 23rd February 2010Providence pursues Kabel IPO despite offers
Providence Equity, the US private equity group, will pursue an IPO of German cable company Kabel Deutschland, despite receiving offers of up to €5.5bn for the business.
Monday, 22nd February 2010Kelso Place acquires LVG
Kelso Place Asset Management, the turnaround house, has acquired, as a going concern, the business and assets of LVG, the driving instructor business that trades as RED.
Monday, 22nd February 20103i’s SLR makes two bolt-ons
SLR, the environmental consultancy in which 3i holds a minority stake, has acquired Australian counterpart Heggies and small UK ecological consultant Andrew McCarthy Associate in deals worth around £12m (€13.6m).
Monday, 22nd February 2010Muzicall raises additional €2.1m funding
Muzicall, a specialist ringback tone service provider, has received an additional €2.1m investment from new investor Ventech. The investment follows a €9m second funding round raised by the company four months ago.
Monday, 22nd February 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.
