Articles by Kenny Wastell
LDC supports £16m SBO of Eque2 from Livingbridge
Construction admin software firm will acquire Miracle Dynamics Payroll and HR Solution
3i cancels sale of £182m ACR stake
$1bn deal for the Singaporean reinsurance business was shelved due to regulatory delays
UK tech dealflow resilient despite spectre of Brexit
UK investments accounted for 28% of European tech dealflow in the first three quarters of 2017, with a flurry of fintech deals already seen in Q4
Livingbridge's Broadstone makes double bolt-on
Benefits and pensions consultancy acquires Mitchell Consulting and 2020 Trustees
Terra Firma to walk away from Four Seasons
Creditor H/2 Capital had originally proposed that the GP retain an 11% stake in the business
3i sells Hobbs to Foschini after 13-year holding
GP originally acquired the womenswear retailer from Equistone in a £111m EV deal in 2004
Phoenix sells Porthaven to Fremont
Care home operator has increased its number of locations fivefold under the GP's tenure
Rutland reaps 2.6x on £69m sale of Brandon Hire to VP
GP was invested in the UK-based tool and equipment rental company via its second fund
Synova opens US office, appoints Summit's Usher
GP is opening a New York office to support portfolio companies' expansion into the US market
Calculus invests £2.2m in Every1Mobile
Mobile-enabled social impact organisation will use the funding to expand its geographic remit
Vector injects $77m into CloudSense
Commerce software business will expand its North American presence following the deal
Palatine invests in E-Days
Deal for the employee absence software developer is the second investment from the GP's impact fund
Debut funds flourish in UK market
First-time fundraisings are increasingly frequent in the UK, with 2017 seeing the most final closes of maiden funds for five years
Smedvig sells PPC to SDI Media
Sale of film marketing company brings to an end a seven-year tenure for the vendor
NVM invests £4m in Hello Soda
Deal sees the VCT manager acquire a minority stake in the data analytics software company
Breyer and Index in $28m series-B for Kano
Fresh capital will fund the launch of the company's products in the North American market
Caledonia sells Sloane Club to Queensway and Clearbell
Deal ends a 26-year tenure and gives the private members club an enterprise value of £80.6m
LDC sells Mini-Cam to Halma for £85m
Sale of the pipeline inspection systems producer is the vendor's eighth exit in five months
SEP invests in Dotmatics
GP invests in the data analytics software provider with capital drawn from its £260m fifth fund
Core Capital divests Cording to Rothschild's Orox
Real estate advisory firm has expanded via an international acquisitive growth strategy
Graphite backs £72m MBO of YSC from Livingbridge
Deal for the management consultancy brings to an end a four-year tenure for Livingbridge
SL Capital closes secondaries fund on $428m
Total raised for SL's third secondaries vehicle is 47% more than that raised for its predecessor
Livingbridge exits IP Solutions in LDC deal
Communications technology business will look to make bolt-on acquisitions following the deal
WestBridge, Octopus divest Vista to LDC in £29.4m SBO
LDC invested £14m in the deal, which generated a 4x return and 80% IRR for WestBridge