UK / Ireland
Pantheon promotes Wong and Vainio to partner
Pantheon offers regional primary fund programmes, secondaries, and co-investment
MML acquires Arrow from GCP
CVC Credit has provided a £70m acquisition facility to the business support service
Atomico promotes Haivas to partner
VC is currently investing from Atomico IV, which closed on $765m in February 2017
Lexington closes ninth fund on $14bn
Vehicle is now the largest secondaries fund ever raised, with Ardian aiming to top it
Blake joins Herbert Smith Freehills funds practice
Jonathan Blake joins as head of international private funds strategy
Google buys VC-backed Pointy
Following the acquisition, Pointy expects to build new features and further expand its offering
Inflexion-backed Bollington acquires Ashgrove
Since 2012, Ashgrove has acquired five insurance businesses in the north-west of England
Ethos acquires Pet Mate
Unquote understands the entry multiple for the company was 4-8x the company's £2m EBITDA
EQT sets €14.75bn target for new flagship fund
EQT registered several vehicles in Luxembourg in November last year ahead of the launch
Felix closes third fund on $300m
In conjunction with the fund close, the firm has also hired two advisers and a new CFO
G Square closes third fund on €500m
Investors in the fund include Adams Street Partners, Banca March, Cresta and Goodgrower
Montagu acquires RTI OEM business for $490m
Headquartered in Florida, the business has four manufacturing sites in the US and in Germany
Bowmark hires two, including new partner
Both Mani and McRae have joined from the small-cap investment team at CapVest, where Mani was head
Horizon supports three bolt-ons for DMC
Horizon is currently investing from its Horizon Capital I fund, which closed on £200m in 2018
YFM reaps 2.25x money on Eikon, retains minority stake
YFM has retained a minority investment in the company, comprising equity and loan notes
Balderton leads €12.7m round for Jolt
Existing investor Octopus Ventures' Titan VCT also participated in the funding round
Rede appoints Goodlad as head of transactions
Magnus Goodlad will replace Yaron Zafir, who has stepped down from his role and will act as senior adviser
Stephane Etroy joins Ares as head of European PE
Former executive vice-president and head of private equity at CDPQ will join from 6 February
Corporate divestments fuel European buyouts
Carve-outs and spin-outs represented around 14% of all buyouts in 2019, up from 11.5% in 2018 and 10% in 2017, according to Unquote Data
Accel-KKR leads $50m round for Partnerize
Accel-KKR principal Joe Porten will join the Partnerize board of directors as a part of the deal
Livingbridge reinvests in Vitruvian's Sykes
GP secures a minority stake in the cottage rental firm, a few months after selling to Vitruvian
ICG raises €1bn for Mid-Market fund, appoints two MDs
Peter Kirtley and Robin Molvin will support the deployment of ICG’s maiden Mid-Market fund
New merchant bank Umbra Capital Partners launches in UK
Umbra will also act as an investor itself, in addition to offering advisory services
Platinum closes fifth fund on $10bn hard-cap
Platinum Equity Capital Partners V draws $10bn in commitments from more than 250 LPs in 30 countries
