UK / Ireland
MML-backed Learning Curve nearing sale - report
Agilitas, investing from its 2015 fund, is said to be one of the final bidders in the process
Palatine promotes six
Firm has promoted James Gregson, Kieran Lawton and James Winterbottom to senior investment director
Blantyre invests in McAvoy
Blantyre is currently investing from its Special Situations Fund 1, which closed on €500m
Secondaries deal volume up 7% in 2019 – research
Setter Capital's latest research reveals continued momentum in private equity secondaries, with 2020 set to be another record year
McDermott hires Gallagher as corporate partner
Fergus Gallagher joins from Hogan Lovells and worked at Morgan Stanley and Jefferies on secondment
Goldman Sachs et al. in $55m round for Jumo
Odey Asset Management and Leapfrog Investments also back the round
Georgian leads $25m series-C for Tractable
Series-C funding round nearly doubles the total funds raised by the company to $55m
Frog leads £7m round for SHE Software
Existing investor the Northern VCTs, managed by Mercia, also participated
Arsenal acquires BresMed
Arsenal invests $50-300m of equity in healthcare and healthcare-related companies
BGF invests £11m in And Digital
Alex Snodgrass, an investor at BGF, will take a seat on the board of the digital consultancy
Vespa Capital closes third flagship fund on £150m
Simmons & Simmons provides legal advice, while Houlihan Lokey acts as placement agent
Pantheon on road for next credit secondaries fund
First fund closed on €250m in February, with commitments from German LPs only
Mayfair et al. in additional $150m series-D for Graphcore
Mayfair Equity Partners has led an additional $150m series-D funding round for Graphcore, a UK-based microchip designer.
Softbank invests $100m in Behavox
Behavox's CEO and other employees remain the largest shareholders in the business
BGF sells Miss Group stake to Perwyn
BGF's Pinesh Mehta will step down from the board, while Perwyn will take a majority stake
Dunedin appoints Blackhall and Morrison
Claire Blackhall and James Morrison joined the company in 2019
Foresight invests £5m in McIntyre Electrical, opens in Cambridge
Based in Peterborough, McIntyre Electrical was established by Joe McIntyre and John Clifford in 2006
EVPE sells Enpro to Hunting $33m
Hunting will pay $33m on completion, plus a potential maximum earn-out of $3m based on EBITDA growth
PE still hungry for retirement homes, but infra funds loom
Eight deals were completed in the retirement homes sector across Europe in 2019, above the annual average of five since 2014
83North, Felix Capital lead $20m round for HungryPanda
Founded in 2017, HungryPanda is an online food delivery platform for Asian restaurants
Cheyne leads Addison Lee recapitalisation, Carlyle exits
Addison Lee's US business has also been acquired by RMA Worldwide Chauffeured Transportation
Endless acquires forestry business BSW
Endless is currently investing from its Endless Fund IV, which held a final close on £525m
Campbell Lutyens appoints Bott to advisory board
Bott was most recently a managing partner and head of investor relations at BC Partners
Praetura leads £7m round for Inotec
Praetura is currently investing from its EIS 2020 Fund, which closed on £7m in February 2020
