Articles by Kenny Wastell
Livingbridge acquires Love Holidays
GP invests in the online travel agent with equity drawn from its ТЃ660m sixth flagship fund
Bridgepoint sells Pret to JAB Holding
Deal reportedly values the UK-headquartered coffee and sandwich shop chain at more than ТЃ1.5bn
Hilco acquires Homebase from Wesfarmers
Endless and Alteri Investors were also reportedly in the bidding process for the UK DIY retailer
BDC in exclusivity with LDC over PEI buyout
Alternative assets information provider is reportedly being sold on the basis of a ТЃ10m EBITDA figure
Draper Esprit to raise £115m via share placement
VC has raised ТЃ61m across its EIS, VCT and secondary funds, giving it an additional total of ТЃ176m
Electra initiates sale process
LP is also exploring the potential sale of its entire portfolio or the sale of individual assets
Draper Esprit leads $16.2m funding round for Realeyes
AI business will look to expand beyond marketing and into robotics, healthcare and education
Gresham sells IESA to Electrocomponents for £88m
GP was invested in the manufacturing services provider via its fourth and final fund
LDC-backed Team17 lists with £217m market cap
Video game developer increased turnover and EBITDA by 119% and 111% respectively in 2017
Albion leads £6.5m series-A for PayAsUGym
Gym pass marketplace will invest in recruitment, product development, marketing and the expansion of its network
Hg and ICG in £1.3bn Iris buyout
Hg6 generates a 4.2x return from the sale of the accounting software group, equivalent to a 26% IRR
Terra Firma mandates Christie & Co for Wyevale sale
GP has secured a 12-month extension to its 2007-vintage fund to enable the sale of remaining assets
Sovereign reaps 8x on sale of Kindertons to ExamWorks
Sale of the UK-based accident management business was based on EBITDA of around ТЃ20m
Foresight injects £3m into DA Languages
UK interpreting and translation business will look to expand its private sector activity
Edge leads £4m Hoop series-A
Deal will enable the online booking platform to expand its operations team and prepare for a US launch
PAI acquires M Group from First Reserve
Acquirer is currently investing from its sixth flagship fund, which writes equity cheques of тЌ100-300m
Inflexion raises £2.25bn in double fundraise
GP also announces the launch of Inflexion Foundation, which will receive 1% of the vehicles' profits
Carlyle in exclusivity for HGH Infrared Systems
GP is to draw equity from its €656m European technology fund to acquire the infrared systems company
Epiris acquires The Club Company from Lone Star
Deal is the third made by Epiris Fund II and reportedly values the country club chain at around ТЃ100m
Highland Europe injects $21m into Incopro
IP protection software and consultancy business will build out its Chinese operations
Blue Wolf acquires majority stake in TGW
Deal for the industrial knife producer was made with capital drawn from the GP's $540m fourth fund
Draper Esprit leads $29m series-B for Aircall
Call centre software developer will make senior appointments in its US- and Europe-based teams
Livingbridge to acquire Love Holidays
Proposed deal will reportedly value the UK-based online travel agent at around ТЃ180m
Alliance of equals: PE's evolving buy-and-build approach
Portfolio companies are increasingly making larger bolt-ons, as GPs look for new ways to boost returns in a market with high entry multiples

























