UK / Ireland
BVCA's Tim Hames joins FTI Consulting
Hames was recently replaced as director general by former cabinet minister Michael Moore
Alteri to acquire Steinhoff businesses
Acquired businesses include Bensons for Beds, Harveys Furniture, Relyon and Steinhoff UK Beds
Northzone closes ninth fund on $500m
NZ IX invests primarily in series-A and series-B rounds, financing companies based in Europe and the US
BGF exits Bar Soba
Bar Soba's management team and staff will stay on with the company following the acquisition
Elysian's Pebble Group formalises intention to float
Elysian bought Brand Addition from HIG in 2017, acquiring US-based Facilis Group a year later
Eclipse leads $20m series-A for Wayve
Existing investors Compound, Firstminute and Fly Ventures all participated in the round
Atlantic Bridge leads $10m series-A for Siren
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
AO Proptech leads €29m series-B for Plentific
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
Lakestar, Dawn Capital co-lead $37m series-B for Eigen
Existing investors Temasek and Goldman Sachs Growth Equity also participate in the funding round
Inflexion-backed Radius acquires Pure Telecom
Radius first acquired a telecommunications company in October 2018 with Adam Phones
Alcuin acquires Marsden
Marsden's current managing director, Richard Black, will continue to lead the company
LDC-backed Linley & Simpson acquires Beercocks
Financing for the acquisition was provided by Santander Corporate and Commercial Banking
Index Ventures leads $17m series-A for Cutover
Sussex Place Ventures, Contour Ventures, Partnership Fund and Outrun Ventures also take part
CVC closes second growth fund on $1.6bn
Fund targets high-growth, mid-market technology companies based in North America and Europe
Connection Capital sells JCRA
Connection Capital provided ТЃ6.7m to support the buyout of the business in 2017
BC-backed Advanced acquires CareWorks
CareWorks is Advanced's first acquistion following the investment from BC Partners
Aliter acquires Sponge
Aliter acquired Bolt Learning in May 2019 and concurrently provided financing to acquire Mercurytide
UK pension partnership fully invests debut PE fund
LGPS Central Limited also announces its co-investment sleeve is performing ahead of targets
Sovereign's Peter Shaw joins Inflexion
Inflexion has added 11 professionals to its investment team since March this year
Rutland Partners on empowering management
Rutland explains how management teams are at the core of its value-creation strategy
Balderton VII closes on $400m hard-cap
Balderton VII's predecessor closed on $375m and is now more than 50% deployed over 30 investments
Blackstone to buy stake in MagicLab in $3bn deal
London-based MagicLab owns social networking and dating apps Bumble, Badoo, Lumen and Chappy
BlueGem places Mamas & Papas into pre-pack, reacquires it
Sponsor has bought the company out of administration, having already owned the parent group since 2014
BC-backed VetPartners buys Italian vet practices
VetPartners plans to further develop in Italy with the acquisition of additional practices