UK / Ireland
Private wealth to increase allocation to private equity
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
VCs in £7m round for Perlego
Perlego offers access to online textbooks for a subscription fee of £12 per month
Idinvest leads $50m round for Ogury
Idinvest is currently investing from its €350m 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 €2.5m in the media management software provider in 2015
GP Profile: Bowmark Capital
Unquote catches up with managing partner Charles Ind to discuss fundraising, origination strategies, co-investments, and more
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
Omers Ventures leads $5.2m round for Quorso
Business software company intends to use the investment from the series-A round to expand abroad
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
Arlington Capital acquires Firth Rixson
Arlington typically invests $25-75m in companies with enterprise values of $50-500m
Pure Gym among final bidders for FSN's Fitness World – report
Final bids for the Danish fitness chain are expected today, according to Mergermarket
VCs in £15m round for Cuvva
Cuvva has recently launched its first product, where customers pay monthly for insurance
Elysian to reap at least 3.2x on Pebble IPO
Listing results in a 3.2x return, with the remaining stake currently representing an extra 1.1x
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
Tenzing-backed Ticketer buys Fara
UK-based bus ticketing company Ticketer was acquired in 2018 and will now expand to the Nordic region
Sovereign to sell Arachas for €250m
Sovereign backed the management buyout of Arachas in 2017 and acquired a controlling stake
Inspirit closes debut fund on £50m
Inspirit Fund I closed on its hard-cap and is currently being deployed by the firm
VCs in £10m round for Uncapped
Accelerator Seedcamp also invested in the round, as well as several angel investors
Head of global PE to leave Aberdeen Standard Investments
McDonald led the global private equity business as part of the private markets division
YFM, Comhar invest £4.5m in PanIntelligence
YFM is investing £3.5m for a minority stake, alongside an additional investment of £1m by Comhar
EQT-backed Saur buys Riventa
Company intends to expand its range of services in the water pump technology segment
Mobeus invests £13m in Access Partnership
Mobeus's investment will enable the consultancy to expand its services geographically
