Articles by Kenny Wastell
Matrix and Morpheus in $25m round for Starship Technologies
Fresh capital will enable the company to bring its autonomous delivery robots to market
Sovereign scores largest ever exit with Linnaeus sale to Mars
Divestment of the UK veterinary group generated the firm's strongest ever gross return
PE-backed UK IPOs outperform, but listings remain slow
Despite a strong track record, PE-backed listings have been few and far between in 2018, but signs of an increase in activity are emerging
Silverfleet sells Ipes to Genstar's Apex Group
Sale of the fund administration business generates a 3.8x return and 30% IRR for the vendor
TriSpan acquires majority stake in Rosa's Thai Cafe
GP invested in the UK-based Thai food chain via its restaurant-dedicated Rising Stars platform
SVP et al. sell Cory Riverside to infrastructure consortium
Transaction reportedly values the UK-based energy-from-waste company at around ТЃ1.5bn
NVM invests £8.2m in Flexioffices MBO
Deal for office space broker is the second MBO made by the GP's maiden institutionally backed fund
PE-backed Wagamama mandates Goldman Sachs for funding options
Restaurant chain backed by Hutton Collins and Duke Street has withstood the UK casual dining downturn
Hg sells Intelliflo to Invesco
Sale of the financial software company brings the gross realised fund multiple of Mercury 1 to 3.4x
GCP reaps 4.8x on sale of Etc.Venues to Gencom et al.
Company has added six new venues under the vendor's tenure, bringing its total to 15
LGT, Cambridge Innovation in $100m series-B for CMR Surgical
Investment round for surgical robotics company was led by Zhejiang Silk Road Fund
Elysian's Tekmar announces intention to float
Offshore wind cable protection supplier has grown its EBITDA by 28.5% per annum since 2016
Carlyle acquires Livingstone Technologies
Investment in the enterprise software business was made with equity from the тЌ656m CETP III fund
Deepbridge leads £2.5m series-A for Chainvine
Funding round will enable the company to bring its blockchain-related products to market
LDC invests £13m in Asset Solutions MBO
Auditing and supply chain management business will pursue international expansion and bolt-ons
Equistone sells Travel Counsellors to Vitruvian
Sale follows a three-and-a-half-year tenure and brings to an end proposals to list the travel agent
Holtzbrinck et al. divest Dealflo to Vasco in £41m deal
Automated contracting platform has secured agreements with automotive congolmerates and banks
Kester backs Jollyes MBO
GP is currently deploying capital from its 2013-vintage second fund, which typically invests ТЃ5-25m
BC sells down Sabre stake
GP and the motor insurance underwriter's founder collectively sell an 18% stake for ТЃ112.8m
Inflexion and Equistone sell UK Power Reserve to Sembcorp
Deal ends a two-and-a-half-year tenure and gives the low-carbon energy provider an equity value of ТЃ216m
Kinnevik leads $16m series-A for Pleo
Expenses management company will launch its service across Europe and undertake a recrtuiment drive
Inlfexion's Reed & Mackay bolts on Hillgate Travel
Deal is the fourth bolt-on made by the corporate travel agent under Inflexion's tenure
Bowmarks backs buyout of Lawyers On Demand
Outsourced legal services provider will pursue international expansion and add to its service range
Elysian acquires Key Travel from Livingbridge
Deal for the UK travel-related support service generates a 3.2x return for the vendor

























