Articles by Katharine Hidalgo
Campbell Lutyens promotes Patel to partner
Placement agent has also promoted Vincent Ragosta to principal in its New York office
UK fundraising update: pausing for breath
A number of GPs that closed more than three years ago have delayed fresh fundraises, or have altogether decided to explore new options
Planet First Partners acquires stake in Polymateria for €16.5m
Polymateria is expected to reach sales of тЌ33m in 2021, according to a report
TowerBrook acquires Azzurri in £70m deal
Azzurri owns the ASK Italian, Zizzi and Coco di Mama chains and is based in London
Bridgepoint in talks to acquire WSL
Twelve member clubs of WSL, including Manchester City, Arsenal and Chelsea, would also take stakes
CGE acquires Enhesa in debut deal
Founded in 2001, Enhesa is an environmental, health and safety compliance intelligence platform
Newlands, Hermes GPE invest in Capsule
Manchester-based Capsule generates 60% of its sales outside the UK, including 20% in the US
Target Global et al. co-lead £20.5m round for Drover
Target Global is currently investing from is Target Global Early Stage Fund II, which closed on тЌ120m
BGF invests £2.7m in The Paint Shed
Management is planning to create an additional 20 jobs over the next 24 months
LP platform Titanbay launches
Titanbay has a 1% set up fee for clients and a 0.5% annual maintenance fee
CommerzVentures invests $6m in Concirrus
Company intends to use the funds to expand operations and its business reach
Draper Esprit leads £16.4m in series-C round in Ravelin
Ravelin is a fraud detection technology company that focuses on payment fraud
Milaya in £15m round for Lanistar at £150m valuation
Established in 2019, the London-based company has 45 employees, with plans to triple its headcount
Riflebird-backed Piller Entgrattechnik acquired by SFO
SFO specialises in the takeover and further development of mechanical and plant engineering companies
Apax invests in $65m series-C for PriceFX
Apax Digital Fund closed on $1bn in December 2017 and was deployed 23% in December 2019
Hony to lose control of PizzaExpress in debt-for-equity swap – report
Many bondholders bought into the restaurant chain in late 2019 as its bonds traded lower
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 ТЃ38.2m in new capital, while the BBB also allocated an additional ТЃ54.3m
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 ТЃ25m 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