Kenny Wastell
Follow Kenny
Articles by Kenny Wastell
Exponent's HSS Hire secures £245m refinancing
Development follows a difficult year for the tool hire group, in which adjusted EBITDA fell to £1.8m
TVP et. al in £4.4m round for Micrima
Developer of breast cancer screening systems will bring its Maria product to market
Warburg Pincus to buy Supplier Assessment Services for £160m
Deal sees the GP acquire the UK-based provider of compliance services from trade vendor Capita
Q1 entry multiples drop to lowest level since Q1 2016
PE deal valuations drop for the third consecutive quarter, as the Nordic region continues to see the highest entry multiples
Carlyle's PIB bolts on i2 Healthcare
Acquisition of the healtchare insurance specialist is the 16th since Carlyle's initial investment
Advent gears up for launch of third life sciences fund
VC makes investments in life sciences companies based in the UK, continental Europe and the US
RCapital sells Innervate to trade buyer
Deal brings to an end the GP's 12-month holding period for the London-based IT consultancy
RCapital sells The Coaching Academy in MBB
Divestment ends the GP's 11-year tenure of the UK-based training company
Pontifax and Five Seasons lead $10m round for Tropic Biosciences
UK biotechnology company will undertake trials of its new varieties of coffee and banana plants
Argos acquires Factum from Naxicap et al.
Deal for the equipment leasing company brings to an end an 11-year holding period for Naxicap
Mubadala launches European tech fund
Vehicle will invest in European startups looking to establish themselves on a global scale
Inflexion's CloserStill bolts on Learning 2018
Deal is the second international bolt-on in 15 months for the healthcare- and tech-focused events firm
VC fuels Europe's journey towards self-driving future
Despite the long-term nature of investing in autonomous vehicles and high barriers to entry, fund managers are finding routes into the segment
Apposite promotes Auffray and Meynier
Auffray becomes head of IR and operations, with Meynier promoted to investment director
LDC acquires £28m minority stake in RCIB
Transaction comes two years after the insurance broker acquired three brands from trade vendor ERC
LDC generates 3.5x on PEI sale to BDC
Sale of the media, data and events company comes less than three years after LDC's purchase
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 £1.5bn
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