Kenny Wastell
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Articles by Kenny Wastell
PE consortium approaches £2.6bn deal for Inmarsat
Deal proposed by Apax, Warburg Pincus, CPPIB and OTPP has been recommended for approval
Bifurcation in European fundraising: beat the traffic
Recent years have seen the growing polarisation of fundraising fortunes for GPs, with established managers able to raise faster than their peers
EQT closes in on IPO – report
Swedish publication Affarsvarlden reports that the firm is in discussions with investors
BC- and GIC-backed Acuris bolts on Blackpeak
Acquisition of the investigative research business comes amid a reported sale process for Acuris
Synova reaps 46% IRR on £74.3m Defaqto sale to SimplyBiz
Sale of the financial data firm sees the GP generate a 3.9x return after a four-year holding period
Hg sells Foundry to Roper Technologies for £410m
Sale of the visual effects software company brings to an end a four-year tenure for the GP
ThinCats launches £100m PE-dedicated lending platform
Platform will invest £250,000-15m in initial sponsor-backed deals and back existing PE portfolio firms
VGC injects £2m into WIT Fitness
Sportswear retailer and gym operator will launch its hybrid stores in the US and continental Europe
Fuel Ventures leads £2m round for CreditDigital
Online credit provider will pursue product development and invest in marketing activity
Updata injects $14m into Adthena
Funding round will enable the AI marketing software company to pursue international expansion
Felix leads £3m round for Unmind
Mental-health-related software business will use the funds to invest in product development
RCapital sells Cash Generator in franchisee-led buyout
Divestment comes 19 months after the GP supported the MBO of the UK-headquartered pawnbroker
Livingbridge invests in Brainlabs
GP draws capital from Livingbridge Enterprise 2, which writes cheques of up to £10m
BlueGem supports PCG for Cosmetic Skin Clinic bolt-on
Consolidated cosmetic treatments group will have revenues of £30m with an EBITDA margin of 20%
BGF invests in Operam to support double bolt-on
Education-focused recruitment business will acquire Teachers UK and The Education Specialists
Unquote Private Equity Podcast: European tour
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team examines the key takeaways from IPEM and SuperReturn
WestBridge invests £9.8m in Apem MBO
Deal for the UK environmental consultancy is structured as a combination of equity and loan notes
Bridges closes SGF IV on £80m
Impact-focused fund manager launched the buyout vehickle two and a half years ago
Apiary supports MBO of Bertram Nursery Group
Deal for the nursery group marks an exit for Rockpool, which previously provided mezzanine funding
Draper Esprit leads $10m round for Hadean
Aster and London Venture Partners also took part in the round for the operating system developer
Towerbrook's ICS secures refinancing package
Transaction comes almost five years after the GP acquired the business in an SBO from Blackstone
Investindustrial acquires Morgan
Buyout of the sports car maker comes five months after the IPO of portfolio company Aston Martin
Synova generates 4x return on Meritsoft sale to Cognizant
Sale of financial software company brings to an end a holding period of three and a half years
Causeway supports MBO of GTI from Exponent
Deal for the recruitment business brings to an end a 13-year holding period for the vendor