Articles by Kenny Wastell
Ares refinances PE-backed Daisy with £1bn
Deal will enable the telecommunications company's founder to buy out minority investors
Unquote Private Equity Podcast: Crypto craze
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team decodes the intricacies of securitised token offerings
Blossom Capital closes debut fund on $85m
Firm will look to make four or five deals per year and will focus on European technology startups
First Reserve to buy Flow Control from Weir for £275m
Deal values the carve-out from the listed Scottish mechanical engineering firm at ТЃ275m
Souter takes part in £60m round for DivideBuy
Equity and debt round will support marketing and increase the lender's available pool of capital
Exponent to exit Bullitt via restructuring - reports
Reported transaction would come less than two years after Exponent acquired a 65% stake in the firm
Mobeus appoints Mead as venture partner
New recruit left his role as chief investment officer at Mercia Technologies in 2018
LDC backs £110m buyout of Evolution Funding
GP acquires a minority stake in the carve-out of the online B2B car finance broker
Augmentum leads £150m debt and equity round for Iwoca
NIBC and existing investors including Prime also took part in the round for the SME lender
Gain Capital holds €28.4m first close for third fund-of-funds
Vehicle has a target of €60m and will look to hold a final close by the end of 2019
Adams Street co-leads $75m series-E for GoCardless
GV and Salesforce also lead the round, with Accel, Balderton, Notion and Passion taking part
Ambienta hires seven
Sustainability-focused GP has made a number of hires in its Italian and German offices
LDC's Lucid bolts on Bluedog
Deal is the first acquisition by the healthcare-focused communications firm since LDC's investment
Index in €40m series-B for Alan
Latest round for the French digital health insurance firm comes 10 months after its €23m series-A
True rescues portfolio company TyresOnTheDrive
GP previously invested in the tyre e-commerce business, which entered administration in January
RCapital backs AirHop MBO
Trampoline parks operator is to open five new sites in Germany and two in the UK
Synova hires Sovereign's Jain, appoints two more
Jain joins as an investment director, while the GP also hires Alantra's Mullally and HSBC's Bullman
Iris leads €20m series-B for Virtuo
Balderton and Raise also take part in the round, which will fund the car rental firm's UK expansion
Panoramic backs management buy-in of PCS
GP is currently investing from its second fund, which writes equity cheques of ТЃ1-5m
Unquote Private Equity Podcast: Dual speed ahead
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team navigates the bifurcation in private equity fundraising
Baird promotes three to managing director
Ballantine, Luen and Sun are promoted from their director roles in the industrial and TMT teams
Palatine backs management buyout of SMP Partners
Isle of Man-based financial advisory business will pursue an acquisitive growth strategy
Softbank funding round values OakNorth at $2.8bn
Firm has led a $440m capital injection for the UK-based digital lender to fund its US expansion
Aquiline's ClearCourse acquires APT Solutions
Deal is the buy-and-build platform's fourth acquisition within just six months of its foundation