Kenny Wastell
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Articles by Kenny Wastell
Take-privates back on PE's shopping list
With CVC and Blackstone's bid for Paysafe adding to a string of recent deals, is the transaction type due a revival?
Insight leads $75m series-D for Darktrace
Cybersecurity firm will use the funding to support its ongoing international expansion
Index leads $66m series-B for Revolut
Online bank will expand internationally, with a particular focus on the US and Asia
Carlyle to sell subtitling business BTI Studios to Altor
Sale of media dubbing business comes after a four-year tenure in which BTI's EBITDA trebled
Foresight invests £3.45m in Mowgli Street Food
Indian-themed casual dining chain will open new restaurants in Birmingham and Leeds
ETF and McRock in €8.3m round for Worldsensing
Data analytics company will increase its focus on smart cities and industrial IoT products
Palatine acquires The Bunker from Foresight
Deal for IT company is the fifth investment made from the GP's ТЃ220m third fund
Aurelius acquires Silvan from Stark Group
DIY retail chain will invest in the development of its e-commerce platform under its new ownership
GCP closes fourth fund on £205m
New vehicle will make hybrid debt and equity investments of ТЃ5-30m across a variety of sectors
Aurelius sells Getronics to Bottega for €220m
Trade sale of British IT networks business is the Germany-based investor's largest ever exit
UK PE activity rebounds in H1 despite political turmoil
British buyout market witnessed a significant year-on-year increase in activity in the first half of 2017, despite political uncertainty
Felix closes second fund on $150m
Vehicle raises $30m more than its predecessor to target tech, tech-enabled and lifestyle companies
AAC sells industrial water purifying firm Desotec to EQT
Media reports suggest the water and air decontamination business was valued at around 10x EBITDA
Foresight generates 400% IRR on sale of Simulity to ARM
GP sells its stake in the Internet-of-Things business for ТЃ11.4m just eight months after it invested ТЃ4m
BGF sells Chemoxy stake to Eurazeo-backed Novacap
Sale of speciality chemicals manufacturer comes just two years after the GP first invested
Pine Brook writes off The Car Finance Company investment
Filings reveal the GP believes its investment in the car loans business is non-recoverable
LDC sells TCEG to Huntworth in £25m EV deal
Under LDC's tenure, the marketing agency made three bolt-ons and merged with The Moment
BC partially divests Mergermarket Group to GIC
Deal will see the GP return more than 2x its original investment to LPs and retain a 60% stake
Average multiples remain stable at 10.2x in Q1
European valuations keep track with 2016, but drop slightly compared to Q4 2016
BaltCap holds €40m first close for growth fund
Baltic-SME-focused vehicle has a target of €50m and raised commitments from pension funds and the EIF
Alpina invests in VR business Virtalis
UK-based software and hardware developer will look to undertake an international expansion strategy
Vitruvian closes third fund on €2.4bn hard-cap
Vehicle is considerably larger than its ТЃ1bn predecessor, which held a first and final close in 2013
HgCapital leads €4.7bn SBO of Visma from KKR, Cinven
KKR fully exits the software business while Cinven sells 40% of its stake to retain a 17% holding
Mobeus invests £8m in Ludlow MBO
Asset management business will look to expand its regional network and make bolt-on acquisitions