UK / Ireland
ICG hires Bridge Valley's life sciences investment team
Allan Marchington, who will become head of ICG life sciences, says the team has a strong pipeline
Pantheon promotes four to partner
Petra Bukovec is a member of Pantheon's secondaries team and is based in London
Eight Roads promotes Cornet to partner
Principal Lucile Cornet joined Eight Roads Ventures as an associate in 2016
BGF invests £4m in CSN
For the year ending on 31 March 2020, the company generated £1.6m in EBITDA, from revenues of £27.1m
Lightspeed leads $20m Wintermute series-B
Lightspeed led the company's series-A funding round in June 2020, following another round in January
Baird sells Prescient to BDC
In November 2020, the vendor requested another set of indicative offers from seven or eight bidders
Gresham House Ventures hires Rupesh Patel
Patel most recently worked at Praesidian Capital, a transatlantic private equity and debt fund
TA sells ITRS to Montagu
Montagu Private Equity acquires companies with enterprise values of €200m-1bn
Blue Horizon Ventures closes debut fund on €183m
Food-technology-focused VC was founded in 2018 and has so far made 18 investments
Stirling Square acquires Consensus
Colchester-based Consensus is a provider of specialist residential care and supported living services
Eurazeo et al. in $180m round for $1bn-valued PPro
Funding will go towards PPro's global expansion and support the development of its technology
Connection sells Carter to trade for 4x return
In addition to the original investment, Connection participated in two further funding rounds
Carlyle-backed Hurst Point acquires Hawksmoor
Hurst Point Group was established in 2019 to facilitate investment by Carlyle in UK wealth management
Livingbridge sells Broadstone to ICG
Broadstone generated EBITDA of £646,000 from revenues of £9.5m in the year ending on 30 June 2019
Star Capital acquires Rail Operations
Neil Bennett, previously of Beacon Rail Leasing, will be appointed executive chairman of the company
Mobeus invests in Northern Bloc
Paul Keen, previously CFO of ETC Venues, will join the board as a non-executive director
Dawn hires Kainz as vice-president
During 2020, Dawn Capital welcomed nine new joiners to its team and raised its fourth flagship fund
CBPE hires Arma to sell Xceptor
Xceptor recorded group revenues of £27m and EBITDA of £10.8m for the year ending on 31 July 2020
Spectrum invests $51m in Quantile
Spectrum's managing director, Mike Farrell, will join the company's board of directors
G-Square acquires Diagnostic Healthcare
Vendors were looking to achieve a 10x EBITDA multiple; Diagnostic Healthcare's projected EBITDA is £3m
Total acquires PCML for EV of £20m
KPMG acted as financial adviser on the sale of the precision engineering business
Foresight invests £5m in PlantExpand
Debt funding for the transaction was provided by Santander Growth Capital
NorthEdge invests in Helios
Following the transaction, the company plans to expand in both the UK and internationally
Vitruvian invests €100m in Carne
GP is currently investing from its fourth-generation fund, which closed on €4bn in July 2020