Articles by Katharine Hidalgo
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 ТЃ4.8m
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 тЌ463m in 2018
BD-Capital makes debut investment in Symprove
BD-Capital announced its debut fund in July 2019 with a target of тЌ400m
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 ТЃ300m 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
LDC-backed Babble acquires Lake Technologies
Founded in 1995, Lake Technologies provides business telephony and network services
VGC promotes Lister to partner
Lister joined the firm last year from Marlin Equity Partners as an investment director
Kennet V closes on €223m
Registered in February 2018, the fund's original target was тЌ200m, with a hard-cap of тЌ250m
Auster Fund I holds first close on $500m
Auster intends to target equity tickets of $50-200m with the ability to commit larger amounts
Summit Europe Growth Equity III closes on €1.1bn
Summit Europe III is structured as a Luxembourg LP, while Summit Partners itself is based in the US
Elysian III holds first close on £270m
Domiciled in the UK as a UK limited partnership, the fund has a target of ТЃ300m
Kartesia backs £26m refinancing for BGF-backed Clearway
Debt has been invested from Kartesia Senior Opportunities I, marking the fundтs first UK investment
Carlyle acquires stake in Envea for €186m EV
Envea reported revenue of €100.4m and an operating profit of €14.7m in FY 2019