Katharine Hidalgo
Follow Katharine
Articles by Katharine Hidalgo
Endless-backed The Book People goes into administration
Book retailer The Book People will continue to trade and no redundancies are planned
Mayfair-backed GCI to acquire Nasstar for £79.4m
Mayfair draws equity from its second fund, which closed on £650m, to support the acquisition
3i scores 4.1x on Aspen Pumps sale to Inflexion
Sale of the pumps manufacturer represents a 4.1x return on invested capital and a 34% IRR for 3i
Summit leads $90m round for Odoo
Sofinnova invested in a €3m funding round for the enterprise management company in 2010
Octopus, Calculus lead £3.6m round for Fiscal
Octopus draws equity from its Apollo VCT for the investment, which manages £30m
NorthEdge-backed Total Fitness acquires Pro-Fit
NorthEdge invested £11.5m for a majority stake in the company in 2015, using its debut fund
Zetland Special Situations Fund I closes on €372m
Zetland has a team of 14 investment professionals and €500m in assets under management
Astorg sells Audiotonix to Ardian
Audiotonix is the first realisation from Astorg VI, which closed on €2.1bn in 2016
BlackRock, Sofina in £66m round for THG
THG has taken out a new five-year £150m revolving credit facility provided by Barclays and HSBC
Bridgepoint-backed Qualitest acquires AlgoTrace
Founded in 2015, AlgoTrace is based in Petach Tikva, Israel, and employs eight people
Ignite Growth invests in Junkyard Golf – report
Ignite Growth invests equity tickets of £2-15m in companies with enterprise values of up to £30m
PAI-backed Froneri buys Nestlé US ice cream business for $4bn
Nestlé will continue to manage its remaining ice cream operations in Canada, Latin America and Asia
Ada holds first close on £27m
Ada Ventures' founding partners, Francesca Warner and Matt Penneycard, met at Downing Ventures
DBay acquires Eddie Stobart for £55m
DBay has also negotiated a new revolving credit facility for the transport and logistics company
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Horizon acquires Ascent and TechHuddle for £30m
Horizon expects to merge the two IT services providers to create a business with 300 developers
Paine Schwartz invests in Warburton
Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014
Equistone-backed WHP Telecoms acquires Sitec
Equistone acquired WHP from Palatine Private Equity in March 2018, drawing equity from Equistone VI
NorthEdge sells DHG to ArchiMed for 3x return
During NorthEdge's holding period, the company made bolt-ons such as Nightingale, Kirton and Qbitus
NVM invests £11.6m in King Construction
NVM drew equity from its third-generation fund, which closed on £142m in November 2018
Apiary invests in Roar Techmedia
Unquote understands the entry multiple for the trade events company was 6-8x EBITDA
EIP hires Moosa for Europe expansion
US-based EIP hires VT's Nazo Moosa to work alongside Matthias Dill at EIP Europe
WestBridge invests £12.8m in Aptus Utilities
Aptus Utilities has also received financing from OakNorth Bank as part of this transaction
VCs in £7m round for Perlego
Perlego offers access to online textbooks for a subscription fee of £12 per month