Skrill (formerly Moneybookers), the online payment company owned by Investcorp, has agreed to acquire 100% of paysafecard.com Wertkarten AG, an Austrian provider of prepaid vouchers that enable consumers to shop online. The total consideration for the acquisition is up to EUR140 million.   Paysafecard provides a prepaid electronic payment method. People

LogRhythm has closed a USD15 million Series D round of funding. Siemens’ Venture Capital group, which is a part of Siemens Financial Services, led the round, with participation from existing investors Adams Street Partners and Grotech Ventures. The additional funding will be used to further accelerate growth, product innovation and

Munich-based venture capital firm Target Partners (www.targetpartners.de) has made a seven figure Series A investment in Theva Dünnschichttechnik GmbH (Theva) (www.theva.de). BayBG Bayerische Beteiligungsgesellschaft (www.baybg.de) joins Target Partners as a co-investor in the Munich-based technology company. Theva is a specialist in 2nd generation (2G) high temperature superconductors (HTS). The funding

GCP, a provider of blended equity and debt to the UK’s small to medium sized businesses, has backed the MBO of Excelsior Technologies (Excelsior), a North Wales based flexible packaging manufacturer, from its North American shareholder. Excelsior designs and manufactures a portfolio of innovative packaging products and supplies to a

MidOcean Partners and Crestview Partners ave entered into a definitive agreement with a subsidiary of Liberty Global, Inc and investment funds affiliated with Searchlight Capital Partners, to sell 100% of the parent of San Juan Cable, LLC, dba OneLink Communications for an enterprise value of USD585.25 million, or approximately 8.0x

Guardian Financial Services, the consolidator of closed assets in the European life insurance sector, is to acquire 300,000 in-payment pension annuities from Phoenix Group.   Phoenix Group will transfer approximately GBP5 billion of assets to Guardian to meet all future payments to the annuity policyholders. The deal will be completed

AXA Private Equity has acquired a stake of 82.4% in Novotema Group, one of Europe’s leading rubber component manufacturers, from 3i. Novotema’s management team also invested, acquiring the remaining 17.6% of the business. Novotema is headquartered in Villongo, situated 60 km northeast of Milan. The company designs and produces rubber

Private equity firm ClearLight Partners has acquired a significant ownership interest in Consumer Safety Technology, LLC, manufacturer of the state-of-the-art Intoxalock breath alcohol monitoring devices. Commonly used by DUI offenders in order to retain driving privileges, Consumer Safety Technology’s core ignition interlock products prevent an engine from starting when alcohol