Articles by Katharine Hidalgo
Sandton invests £10m in Nextbase
Sandton's investment will be used to accelerate the implementation of new technologies
Mercia invested £17.5m in 2019/20
Mercia's NVM VCTs raised £38.2m in new capital, while the BBB also allocated an additional £54.3m
LDC’s makes 18 investments in H1 2020
In a half-year update, the firm announced the majority of the deals were completed since March
Kester-backed Frontier sells business to HIG-backed Vernacare
HIG invested from its Growth Buyout Equity Fund III to acquire Vernacare from Palatine
YFM backs £17m GHG buyout
Senior debt and a working capital facility are being provided by Triplepoint
Synova-backed Fairstone acquires Mantle Financial Planning
Synova committed £25m to the development of Fairstone in 2016, drawing equity from Synova III
ETF closes Environmental Technologies Fund III on £167m
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Pictet closes Monte Rosa V on $1.164bn
Earlier funds have generated a net IRR of more than 13% and a TVPI of 1.65x
Mercia sells NAC to PE-backed LGC for £18m
Mercia held a 29.4% stake in NAC at the date of sale and will receive initial cash proceeds of £4.8m
EMZ 9 closes on €1.04bn
EMZ recently opened its first international office in Munich, headed by partner Klaus Maurer
Highland leads £20m round for Farewill
Highland is currently investing from its Technology Growth III fund, which closed on €463m in 2018
BD-Capital makes debut investment in Symprove
BD-Capital announced its debut fund in July 2019 with a target of €400m
Northzone leads £20m round in Wagestream
Wagestream's platform allows clients' employees to access their pay cheque at any time of the month
Ardian sells stake in Envision
Ardian and GHO have been exploring options with advisers for the sale of Envision since May
Hg invests in F24
F24 partnered with Armira in 2017, the former majority owner, which has now exited the business
Horizon-backed Sabio acquires Coverage
Since Horizon's investment in 2016, the computer services company has made seven acquisitions
CVC to acquire 14.5% of Six Nations for €450m
In April 2020, CVC delayed a £300m investment in rugby tournament Six Nations due to the coronavirus
TnuiCapital to acquire Busaba
Terry Harrison, Busaba Eathai's managing director, is to remain at the helm
Rileys hires FRP to assist with rescue plan
Rileys CEO Craig Mayes confirmed the appointment of FRP to examine options going forward
Intriva acquires Lending Works
Nicholas Harding, chief executive officer of Lending Works, will continue to lead the business
Searchlight-backed GRP acquires Premier Choice
Searchlight Capital bought a majority stake in GRP in February 2020 from Penta Capital
17Capital provides £125m in preferred equity to Exponent III
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Zeus makes six promotions
Zeus has promoted Nick Cowles to deputy head of corporate finance and Jordan Warburton to director
Palamon-backed Simplify acquires Cook Taylor
Simplify, a conveyancing law firm, was acquired by Palamon Capital Partners in 2014