UK / Ireland
ICG launches second recovery fund
Second vehicle will be larger than its predecessor, which closed on €843m in March 2010
Partners Group-backed Civica acquires InfoFlex
Omers Private Equity sold Civica to Partners Group for an enterprise value of £1.055bn in 2017
Synova-backed Fairstone acquires Chiltern House
Synova committed £25m to the development of Fairstone in 2016, drawing equity from Synova III
ECI-backed Arkessa acquires Sim Services
Acquisition is expected to allow Arkessa to strengthen its presence in the Netherlands
Axon launches €150m fourth innovation growth fund
Fondo Axon Innovation Growth IV acquires minority stakes in technology businesses with high-growth potential
Foresight-backed Envair acquires TCS for £2m
TCS managing director Dave McCabe will stay on with the combined company
Aberdeen Standard hires Cinven's Robinson
Robinson joins from his position as principal at Cinven, where he acted as a non-executive director
NorthEdge-backed Orbis acquires Optosafe
Current Optosafe CTO John Robertson has joined Orbis as managing director of the Optosafe division
YFM-backed DSP acquires Explorer
Acquisition of Explorer is expected to see group revenues boosted to more than £20m
YFM hires new partner
YFM closed its most recent fund, YFM Buyout Fund II, on £80m in March 2020
ECI invests in CSL
ECI is currently investing from its ECI 11 fund, which closed on £700m on July 2018
GCP invests in GTS
GCP makes hybrid debt and equity investments of £5-30m across a variety of sectors
Hg makes further investment in Evaluate
Hg Capital Trust has invested approximately £8.1m alongside other institutional clients of Hg
GP Profile: Tenzing Private Equity
Following a busy start to 2020, topped by its £400m fundraise, Tenzing is setting its sights on making further investments later this year
UCL Technology Fund 2 holds first close on £100m
UCL Technology Fund closed on £50m in January 2016 and is now fully deployed
THCP-backed Byron to be acquired out of administration
Existing investors, including Three Hills Capital Partners, will retain a minority share
Epiris acquires Casual Dining Group
Epiris commits further resources for assets including Bella Italia, Café Rouge and Las Iguanas
Vitruvian closes fourth fund on €4bn
Evercore Private Funds Group and Monument Group acted as placement agents
Stanley Capital acquires Noden Pharma DAC
Stanley Capital expects to pursue a buy-and-build strategy with the pharmaceutical company
DACH buyout market weathers Covid-19 impact, UK and France suffer
Germany emerged as the busiest region in Europe in Q2, albeit with a low volume and aggregate value of deals by historical standards
Leonard Green-backed CPA merges with Clarivate in $6.8bn deal
Clarivate is anticipating adjusted revenues of $1.13-1.16bn and adjusted EBITDA of $395-420m for 2020
Programma 102 closes on €100m
VC will launch a new vehicle by the end of the year, with a €100m target, to focus on complementary asset classes
Warburg Pincus, DTCP acquire Community Fibre
Olaf Swantee, the former CEO of EE, will join Community Fibre as executive chairman
Madison Dearborn acquires IPLP for C$981m
CDPQ, the company’s largest shareholder, will retain 24.9% of shares through a subsidiary
