Articles by Katharine Hidalgo
Altitude exits Mortec Semiconductor for 12.6x return
Altitude acquired the company in July 2016 in a deal that valued the company at around £1m
Tikehau leads €150m investment in Amarenco
Pierre Devillard and Pierre Abadie from the private equity team of Tikehau will join the board
Livingbridge invests in Visualsoft
Livingbridge invests through its Enterprise 3 fund, which closed on £334m in October 2019
KCP invests £7m in Darts Corner
Key Capital Partners had been tracking the company for two years prior to investment
PAI acquires LDC's Addo Food and Equistone's Winterbotham Darby
Both management teams have reinvested and operations will continue to be run separately
LDC sells Babble to Graphite for £90m
LDC retains a minority stake in Babble, while the management team is reinvesting some of its proceeds
Apiary invests in Radiant
Radiant's management team will be led by Peter Mann as chairman and CEO Simon Cogman-Hellier
ECI sells MPM to 3i for £170m
Other sponsors involved in the process included Livingbridge and Graphite Capital
Apse buys TerraQuest for £72m
Apse Capital typically backs European tech-enabled SMEs with an enterprise value of €50-200m
Preparing for the turnarounds wave
The much-anticipated wave of distressed opportunities has failed to materialise so far, but market participants are still readying for an uptick
Evolution Technology Fund II eyes $250m final close
British Patient Capital commits $35m, while the European Investment Fund also contributes
BGF appoints Dornan in central Scotland and Northern Ireland team
A chartered accountant, Fiona Dornan has previousy held positions at PwC and Standard Life
Gimv exits Eurocept homecare division
Exit has no significant impact on the net asset value of Gimv as of 31 March 2020
Vista-backed Finastra acquires Doorr
Vista formed Finastra through the merger of its portfolio company Misys with D+H, a Canadian fintech group
Five Arrows, TA-backed RLDatix acquires Verge Health
Verge Health's Mt Pleasant-based management team will stay on following the transaction
Livingbridge sells Ten10 to Graphite Capital
Management team is led by Chris Shaw who was appointed as chief executive in September 2017
Hg-backed Iris acquires Isams
Previously a portfolio company of Hg 6, Iris is now owned by Hg Saturn Fund, which closed on £1.5bn
Hg, TA invest in Access Group
TA is currently investing from TA XIII, which closed on $8.5bn in May 2019
Isomer II sets target at €250m
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Dunedin-backed GPS draws investment from Visa
Global Processing Services generated revenues of £16.5m in 2019 and adjusted EBITDA of £3.79m
Mercia sells Clear Review for £26m
Mercia portfolio director Nigel Owens, previously a non-executive director, will step down
LDC exits Mitrefinch
LDC invested £20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Averna acquires ClimateCare
Debt was provided by Bridgepoint Credit, which recently successfully acquired EQT's credit business
Baird, Beechbrook complete Nigel Wright restructuring
Both institutional investors will retain minority positions in the recruitment business