Kenny Wastell
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Articles by Kenny Wastell
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 €656m 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 £5-25m
BC sells down Sabre stake
GP and the motor insurance underwriter's founder collectively sell an 18% stake for £112.8m
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 £216m
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
Livingbridge acquires Love Holidays
GP invests in the online travel agent with equity drawn from its £660m sixth flagship fund
Bridgepoint sells Pret to JAB Holding
Deal reportedly values the UK-headquartered coffee and sandwich shop chain at more than £1.5bn
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 £10m EBITDA figure
Draper Esprit to raise £115m via share placement
VC has raised £61m across its EIS, VCT and secondary funds, giving it an additional total of £176m
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