Finadvance acquires stake in Decitre

Finadvance Capital has acquired a 57 per cent stake in French bookstore Decitre. The founding family will retain a 37 per cent stake, with the remaining 6 per cent being held by Espin Participations.

Done Deals

  • Finadvance Capital has acquired a 57 per cent stake in French bookstore Decitre. The founding family will retain a 37 per cent stake, with the remaining 6 per cent being held by Espin Participations
  • Baird Capital-backed Choices Holdings, a provider of assisted living and residential care services, has acquired Domicillary Care, a care provider based in Scotland
  • Chinese steelmaker Sinosteel has taken control of 98 per cent of Midwest, an Australian ore prospector
  • Seattle-based Ygnition Networks, a provider of television, high-speed internet, and digital telephone services announced the purchase of Convergent Broadband Communications
  • Baugur, an Icelandic investor that owns House of Fraser and Oasis, has sold its Julian Graves chain of health food shops to Holland & Barrett, its larger rival, for an undisclosed sum
  • German auto components manufacturer Continental has taken over all the assets of Finland-based winter tyre stud manufacturer Tikka Spikes
  • Rapid7, a provider of unified vulnerability management services announced it has secured $7 million (£3.8 million) in growth funding from Bain Capital Ventures

Deals in the pipeline

  • Spectris, an instrumentation and controls company, is set to acquire Siemens’ Machine Vision Business, formerly Acuity CiMatrix, for £11.5 million
  • It has been reported that Qualitas Equity Partners has acquired a 20 per cent stake in social networking site Tuenti
  • Banco Sabadell, through its Aurica XXI fund, and Corporación Caja Navarra have signed an agreement to acquire a 30 per cent stake in Spanish lighting specialist J Feliu de la Penya
  • Actuant Corporation announced the signing of an agreement to acquire the stock of Cortland from an investor group lead by Cortec Group for $230 million (£126.5 million)
  • Neose Technologies announced that it has signed an agreement with Novo Nordisk and BioGeneriX to acquire Neose for $43 million (£23.6 million)
  • Sara Lee has announced that it has signed an agreement to acquire Café Moka, a family-owned coffee business located in the São Paulo metropolitan area in Brazil. Terms of the agreement were not disclosed

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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