Kenny Wastell
Follow Kenny
Articles by Kenny Wastell
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 £20m
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 €100-300m
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 £100m
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 £180m
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
Investec launches $100m venture fund
Vehicle will target UK fintech and enterprise software businesses between the seed and series-A stages
Core invests in Alpine Fire Engineers
GP is currently investing from its second fund, which typically invests £5-15m per transaction
Spice PE in $300m deal for The Craftory
GP is funding the launch of a new UK-based, consumer-goods-focused investment group
Hg to invest in Financial Express
GP invested in the financial services software and data company with capital drawn from Mercury 2
Hg reaps 4.9x on sale of JLA to Cinven
Deal brings to an end an eight-year tenure and generates a gross IRR of 26% for the vendor
ESO acquires Core Capital
Consolidated group will provide a range of equity, debt and hybrid products of up to €40m
JC Flowers sells 8% stake in OneSavings for £80m
Partial divestment comes four months after the GP sold a 10% stake in the specialist lender for £95m
Silver Lake agrees to de-list Zoopla parent ZPG for £2.2bn
Proposed de-listing has unanimous backing from ZPG's board and comes four years after its £920m IPO