Articles by Katharine Hidalgo
PAI-backed Froneri buys Nestlé US ice cream business for $4bn
NestlУЉ 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
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 ТЃ142m in November 2018
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 ТЃ12 per month
Idinvest leads $50m round for Ogury
Idinvest is currently investing from its тЌ350m vehicle, which held a final close in October 2019
Exponent acquires KPMG pensions advisory
In November 2018, KPMG announced it would no longer provide consultancy work for its audit clients
Mobeus invests £4m in IPV
Calculus Capital invested тЌ2.5m in the media management software provider in 2015
Paris takes over London as VC capital of Europe
Greater Paris region received €3.1bn between 2007-2015, according to Invest Europe research
NVM sells VCT business for up to £25m
Mercia approached NVM four to five months prior to the acquisition to enter discussions
Albion sells Bravo Inns for £17.9m
Enterprise value of the company represents an entry multiple of 6.8x for the acquirer
Mayfair backs Parcel2Go
Following the investment, the company expects to organically grow in its three verticals
Umbra leads $20m round for Hastee
In addition to the equity investment, Hastee receives a $250m credit line from the investors
Goldman Sachs mid-market PE team makes hires
Esma Yildiz, who joins from Arma Partners, will head up mid-market sponsor coverage for the team
Arlington Capital acquires Firth Rixson
Arlington typically invests $25-75m in companies with enterprise values of $50-500m
VCs in £15m round for Cuvva
Cuvva has recently launched its first product, where customers pay monthly for insurance
UK-focused GPs getting creative with buyout sourcing
In 2019, 10 take-privates have been agreed in the UK and Ireland to date, up from five in 2018
Sovereign to sell Arachas for €250m
Sovereign backed the management buyout of Arachas in 2017 and acquired a controlling stake