UK / Ireland
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 ТЃ3.5m for a minority stake, alongside an additional investment of ТЃ1m 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
European biotech flourishes as US and Asian capital pours in
Attracted by a buoyant industry with a rich pipeline, numerous US and Asian players have entered the market
Lonsdale-backed CRSG acquires Swegon Hire UK
Vendor of the company is Sweden-based Swegon Group, which generates тЌ500m in revenues
Octopus, Downing and C4 in $21.8m round for Trouva
Fresh capital from the investment will be used for overseas expansion and software development
Ardenton acquires Pebbles
Headquartered in Leeds and Dunfermline, Pebbles provides residential care and education
Silver Lake invests $500m in City Football Group
City Football Group, valued at $4.8bn, owns football clubs including Manchester City FC
Silverfleet-backed Microgen merges with Touchstone
Silverfleet has backed the merger drawing equity from its European Development Fund