Allocations
Reconor Group, a portfolio company of private equity firm Agilitas, has completed its second addition of 2017 with the acquisition of Mijodan.
Reconor, one of the leading environmental services groups in Denmark, also purchased Lotra in June 2017.
Reconor handles over 2 million tonnes of waste each year, with only 0.12 per cent being sent to landfill. The majority of the waste is recycled (e.g. for renewable power resources, hardcore ballast for construction, as well as materials for plasterboard). Reconor’s expertise helps Danish industrial and construction groups meet the country’s high standards of responsible and environmentally safe recycling.
ARX Equity Partners (ARX) has exited its 2010 investment in Czech construction materials manufacturer, KVK Holding (KVK), generating an overall 3.7x cash-on-cash return multiple and an IRR exceeding 20 per cent in the process.
KVK operates six production sites in the Czech Republic – three for the manufacture of mortar products, two for bituminous membranes and one for expanded polystyrene insulation. KVK generated revenues of EUR40 million in 2016.
The ARX exit was executed via a sale to Sika CZ, a subsidiary of Sika, a Swiss-headquartered specialty chemicals company with a leading position in the development and production of
Noerr has advised Evac Group Holding Oy on the sale of the Finnish Evac Group by IK Investment Partners (through its IK VII Fund) to private equity funds managed by Bridgepoint.
Evac Group is the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore and building industries. In 2016, it generated a turnover exceeding EUR 100 million. Evac Group is headquartered in Finland and has offices in Brazil, China, Finland, France, Germany, South Korea, Norway, Sweden and the USA, as well as representatives in more than 40 countries.
In the course of the
Bryan Cave’s M&A teams in Frankfurt and Hamburg have advised the Altano Group, a subsidiary of the Swiss investment company Ufenau Capital Partners, on its acquisiton of Pferdeklinik, an equine clinic located in Kirchheim, Baden-Wuerttemberg.
The Altano Group, which is one of the leading operators of equine clinics in Germany, is growing its presence in Southern Germany.
The Altano Group is a platform for the buy & build strategy of the Ufenau V German Asset Light Fond in the area of equine medicine in Germany, Switzerland and Austria. Ufenau Capital Partners is in exclusive negotiations with several leading equine
Bodytrak, the first in-ear, multi-parameter body monitor and cloud analytics platform, is launching on Capital Cell, a dedicated life sciences equity crowdfunding platform, with the aim of reaching a GBP1.0 million seed-investment target.
Since its launch at CES in early 2017 Bodytrak has already attracted significant attention from a range of industries, the media and investors alike.
Bodytrak will be available for investment from Monday 16 October, with potential backers able to view the opportunity and pledge on Capital Cell’s discovery page 9 October. The company has already been backed to the tune of GBP3 million by several major
Gendius, a digital health start-up, has completed a Series A funding to launch Intellin – an App-based platform for people living with diabetes to better manage their condition.
The funding came from the GM&C Life Sciences Fund, managed by Catapult Ventures.
Diabetes is a global epidemic. The economic cost of treating diabetes in 2014 is estimated at over USD600 billion and the latest WHO report predicts there will be 592 million sufferers around the world by 2035. Healthcare systems are desperate for novel solutions to engage and empower people to manage their diabetes more effectively and mobile technologies are
UK private equity house Maven Capital Partners (Maven) and Enso Ventures (Enso), a specialist early-stage venture capital firm, have invested GBP2million in Cognitive Geology (Cognitive).
The funding will accelerate the roll out of ‘Hutton’ to oil companies and enable Cognitive to develop its pipeline of advanced third-generation petroleum geoscience software modules. These are designed to further help geologists find, appraise, and develop both onshore and offshore conventional and unconventional oil & gas reserves.
Founded in 2014 by Geologist Luke Johnson, Edinburgh-based Cognitive recently launched ‘Hutton’, its first advanced geological data analysis tool. Petroleum geologists analysing the subsurface have to
Noerr has advised the Chinese motor manufacturer SEC Holding Co, Ltd, which also owns the publicly traded SEC Electric Machinery Co, on a strategic acquisition of drive technology specialist VEM, a member of the Merckle Group.
The VEM Group specialises in manufacturing electric drive systems, custom motors and special machines. The company, which is active worldwide and has 1,500 employees, had revenue of about EUR200 million during its most recent business year. In this transaction, the entrepreneurial family Merckle sold the shares in SEC that it had acquired in 1997. The sale includes all current worldwide locations of the electric
Secret Escapes, the London-based international online marketplace for affordable luxury travel deals, has closed a USD111 million (GBP83 million) Series D investment and debt facility.
This significant equity round was led by Singapore-headquartered Temasek, with participation from existing investors Idinvest Partners, and a debt facility from Silicon Valley Bank.
With the additional funding, Secret Escapes has now raised almost USD153 million (GBP104 million) in capital since its 2011 launch. In July 2015, the company raised USD60m (GBP37 million) in a round led by Google Ventures and Octopus Ventures.
Since the brand’s arrival onto the global travel scene in
Silicon Valley technology company Stellar Labs (Stella) has raised USD26.3 million in Series A equity financing from Global Jet Capital – a provider of corporate aircraft financing solutions capitalised by The Carlyle Group, Blackstone’s GSO Capital Partners, and AE Industrial Partners, Columbia Equity Partners (CEP), and Expa.
Together with previous equity rounds and funding from Rockwell Collins (NYSE: COL), Stellar is investing over USD50 million in its next-generation technology platform for business aviation. Business aviation contributes USD150 billion to US economic output and employs more than 1.2 million people. It accounts for nearly 29 per cent of all consumer spending
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
