Articles by Kenny Wastell
BGF divests Zone to Cognizant
Sale of digital marketing business comes two and a half years after the GP's initial investment
FPE closes maiden fund on £100m
UK-focused vehicle will target buyout and growth investments in companies with EVs of £20-50m
Draper Esprit acquires two Seedcamp funds
Deal sees the acquirer take stakes in a number of tech startups, including Transferwise
Vitruvian exits Tinopolis in management buy-back
Divestment of media production company brings to an end a nine-year holding period
Global Founders in £36m Nested round
Online estate agent will target expansion in London before looking to grow across the UK
Circularity and Mustard Seed co-lead $7.4m round for Winnow
Business will roll out its software for tracking food wastage across new international markets
Average entry multiple climbs to 10.8x in Q2
Price inflation has led average European multiples to rise further in Q2, according to the latest unquote" and Clearwater Multiples Heatmap
Maven injects £3m into Altra
Capital will support the launch of the group's structured trade credit insurance brokering division
Inflexion's Medivet bolts on Bartram & Patrick
Deal sees the veterinary group increase its number of locations to 210, from 160 eight months ago
Q&A: Rutland's Morrill and Wardrop on Millbrook and Pizza Hut
Special situations investor's partner and managing partner discuss the strategies behind the two award-winning investments
JC Flowers- and Encore-backed Cabot to list on LSE
Debt collection business aims to raise £195m from its listing on the London stock exchange
Maven reaps 4.7x on Crawford Scientific sale to Limerston
Sale of the stake leads to a 70% IRR after a three-year holding period for Maven
Connection reaps 4.1x on TeamSport sale to Duke Street
Sale of the go-karting company comes four and a half years after Connection acquired the business
Phoenix sells Musto to OTPP's Helly Hansen
Divestment of sailing and lifestyle clothing brand brings to an end a dacade-long tenure
RJD acquires majority stake in Class Tours
Deal for educational tour provider is the fourth investment from the GP's third buyout fund
Total Capital in £20m MBO of Walkers Transport
Hybrid deal sees the GP invest £13.5m for a 60% equity stake in the logistics company
Dunedin reaps 3x on £280m sale of Kee Safety to Investcorp
Sale of safety equipment manufacturer ends a four-year holding, representing an IRR of 35%
Piper injects £6m into Frame
Fitness club chain will look to expand across the UK, with two new sites imminent
USS promotes Horsnall to head of direct private equity
Move forms part of the limited partner's strategy to increase its focus on direct investments
Livingbridge backs Mobysoft
Social housing administration business will invest in HR, recruitment and product development
Livingbridge invests in Catalyst Development
GP draws capital from its Enterprise 2 fund, which typically writes equity cheques of £5-15m
Alteri acquires Intertoys from Blokker
Dutch toy retailer will invest in marketing activity, its online platform and store refurbishment
BGF's Decision Tech bolts on MobilePhoneChecker
Acquisition of mobile price comparison platform is the firm's third bolt-on in 12 months
More alpha, less male: The gender diversity conundrum
Higher echelons of PE remain bereft of female talent, though signs of progress are appearing