Articles by Katharine Hidalgo
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 тЌ50-200m
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 ТЃ1.5bn
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 тЌ150m in February 2016
Dunedin-backed GPS draws investment from Visa
Global Processing Services generated revenues of ТЃ16.5m in 2019 and adjusted EBITDA of ТЃ3.79m
Mercia sells Clear Review for £26m
Mercia portfolio director Nigel Owens, previously a non-executive director, will step down
LDC exits Mitrefinch
LDC invested ТЃ20m 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
BlackRock invests $118m in Arrival at $3.5bn valuation
BlackRock, Hyundai and Kia along with United Parcel Services will hold a minority interest in Arrival
Northpond, Octopus lead $30m series-A for Ori Biotech
Existing investors Amadeus Capital Partners, Delin Ventures and Kindred Capital also join the round
UK Fundraising Pipeline - Q4 2020
Unquote rounds up the most notable fundraises currently ongoing in the French market across the buyout, venture and secondaries spaces
Capdesia Structured Equity targets £100m; aims to close in Q1 2021
European food-service-focused fund was registered and launched in May 2018 with a target of тЌ200m
Inflexion acquires Sparta Global; KCP to reap 7x return
Inflexion has previously invested in other businesses in the sector, including FDM
FPE invests in MaxContact
Lars Pedersen т CEO of another FPE investment, Questionmark т has joined the board as NEC
Felix hires Chou and Pizzolato as investors
Felix is currently investing from Felix Capital Fund III, which closed on $300m in January 2020