UK / Ireland
Westbridge raises £140m for sophomore fund
Figure exceeds the vehicle's ТЃ100m hard-cap, though it includes commitments for co-investments
Sector specialisation taking hold in Europe
European private equity firms are sharpening their investment focus by restricting the number of sectors they target
Horizon's DMC Canotec acquires United Carlton
Deal is the first acquisition for the printing and document management firm under the GP's tenure
Battery leads $35m round for Matillion
Existing backers Sapphire, YFM and Scale also invest in the round for the cloud-based data software firm
Unquote Private Equity Podcast: Generation game
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses new generations working in private equity
BGF injects £10m into Extentia
Property services group is anticipating EBITDA of ТЃ16m for the year ending in June 2019
TCV et al. invest $175m in WorldRemit series-D
TCV, Accel and Leapfrog reinvest in London-based payment technology company WorldRemit
Duke Street backs MBO of Kent and Athlone from DCC
UK and Irish businesses will form the basis for a buy-and-build growth strategy
Warburg Pincus, TA invest in Oakley-backed Inspired
Oakley Capital Private Equity Fund II sells down part of its stake in the company
Värde Partners invests in LDC-backed Equiom
VУЄrde says it will support the company's diversification and expansion into new markets
BC-backed VetPartners buys Abbey Veterinary Centres
VetPartners has acquired four surgeries from Abbey while Emma and Ben Hynes retain ownership of one
LDC invests in Texthelp
Texthelp operates in Australia and the US, and has launched in the Middle East and in South America
Carlyle Cardinal Ireland Invests in The City Bin Co
The City Bin Co is the 11th investment from the Carlyle Cardinal Ireland fund
Silverfleet buys MFS for £51m
Trust and fiduciary services sector is well known to London-based Silverfleet Capital
Index Ventures leads $4m series-A for legal platform SeedLegals
Kima Ventures, The Family and previous backer Seedcamp also take part in the investment
Apposite promotes Cunynghame and hires Harper
UK-based healthcare-focused PE firm promotes Alex Cunynghame to investment manager
UK exits on hold in Q1
Exit activity reached its lowest quarterly level since the height of the financial crisis in Q1, according to Unquote Data
Livingbridge exits Create Fertility in management buy-back
Sale ends a six-year holding period for the GP, which invested ТЃ5m in the company for a minority
Debevoise promotes Beurrier
Beurrier's promotion is one of six across the firm's New York and London offices
Creandum leads £10m series-A for life insurance app Yulife
MMC Ventures, Notion Capital, LocalGlobe and Anthemis Ventures also take part in the round
Dunedin promotes three
Davidson, Hardy and Chung have worked on the buyouts of Alpha, GPS, CET, CitySprint and EV
Egeria acquires majority stake in MAAS Aviation
Aircraft painting business is growing due to the continuing global growth in demand for air travel
Investcorp acquires Mercury Capital Advisers
Investcorp has been acquiring stakes in companies such as 3i's credit business to reach $50bn in AUM
Charterhouse agrees £668m Tarsus take-private
Deal values shares in the Irish media and events business at 17x its average EBITDA in 2017 and 2018