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Weekly Deals and Funds Roundup: 30 August 200630/08/2006. Source: AltAssets. 
 A selection of the latest deals and funds news from across the globe - essential reading for those who need to keep up-to-date with the industry's key developments.
This weekly roundup provides an update on deals and fund activity that did not feature as separate stories in AltAssets' daily news service.
DEALS
Apax Partners has agreed to acquire a 49.7 per cent stake in Central European Media Enterprises (CME) from CME's non-executive chairman Ronald S Lauder and related parties for approximately $190m in cash. Apax will become a limited partner in a partnership holding all of the Lauder interests in CME. The remaining 50.3 per cent interest in the partnership will be beneficially owned by Lauder and his family. CME is a TV broadcasting company with networks in six Central and Eastern European countries.
Bridges Community Ventures has sold SimplySwitch, a UK price comparison service for household utilities and financial services, which Bridges backed as a start-up in 2002. The company has been acquired by The Daily Mail and General Trust for £22m. This is the second exit for Bridges CDV Fund I.
Replisaurus Technologies has raised a first round funding of $14.4m led by Wellington Partners and Northzone Ventures. The new investors were joined by seed investors KTH Seed Capital, FBBB (ForetagsByggarna) and Aumar - The Sixth AP Fund (AP6). The proceeds will be used by the company for commercialisation of the proprietary ECPR (ElectroChemical Pattern Replication) technology.
Copyright © 2006 AltAssets
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