UK / Ireland
PG Impact Investments holds $210m final close
Firm is independent but has access to Partners Group’s infrastructure, expertise and resources
US-based VCs invest $25m in Teckro series-C
Teckro produces a software platform that improves the efficiency of clinical trials
Causeway Capital buys Patisserie Valerie out of administration
Patisserie Holdings plc sold Patisserie Valerie and a smaller subsidiary for a combined £13m
BluGem sells DMC Group to Lion Capital
Sale ends a three-year holding period for BlueGem, which bought the company via its €370m second fund
BMO holds fourth close for co-investment fund on €95m
Fund was announced in February 2017 and is expected to hold a final close by the end of March
True rescues portfolio company TyresOnTheDrive
GP previously invested in the tyre e-commerce business, which entered administration in January
Bowmark close to £100m take-private of Tax Systems
Offer represents a premium of 20.3% on the average 91.4 pence per share in the past 12 months
Star Capital acquires ASL Aviation Holdings
Star Capital plans to wholly acquire ASL, which has been profitable every year since inception
Beringea leads £2.4m funding round for DeepCrawl
Funding will enable DeepCrawl to further consolidate and expand its presence in the UK and the US
RCapital backs AirHop MBO
Trampoline parks operator is to open five new sites in Germany and two in the UK
EQT sells 20% of IVC to pension funds
Deal reportedly values the company at £2.6bn, affords EQT more time before a future IPO
Synova hires Sovereign's Jain, appoints two more
Jain joins as an investment director, while the GP also hires Alantra's Mullally and HSBC's Bullman
Panoramic backs management buy-in of PCS
GP is currently investing from its second fund, which writes equity cheques of £1-5m
Unquote Private Equity Podcast: Dual speed ahead
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team navigates the bifurcation in private equity fundraising
Baird promotes three to managing director
Ballantine, Luen and Sun are promoted from their director roles in the industrial and TMT teams
Endless adds new associate director to Manchester team
James Warburton spent eight years in the Manchester restructuring team at Deloitte
Palatine backs management buyout of SMP Partners
Isle of Man-based financial advisory business will pursue an acquisitive growth strategy
Softbank funding round values OakNorth at $2.8bn
Firm has led a $440m capital injection for the UK-based digital lender to fund its US expansion
UK activity taking hit in 2018 despite mid-market resilience
Buyouts valued at more than £500m fell by 56% in aggregate value terms in 2018, and by 43% in terms of volume
Livingbridge sells Thomas Fudge's to Burton's Biscuits
Burton's Biscuits - owned by Ontario Teachers’ Pension Plan - is targeting the premium biscuit market
Horizon-backed Totalmobile completes two bolt-ons
TBS and Clouddialogs produce software that allows users to manage mobile workforces and properties
Notion and Mosaic back €4.4m Vortexa series-A
London-based Vortexa uses AI and satellite data to track and predict the movement of tankers
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
Aquiline's ClearCourse acquires APT Solutions
Deal is the buy-and-build platform's fourth acquisition within just six months of its foundation