UK / Ireland
Stirling Square appoints two to investment team
GP has appointed JP Morgan's Mazurier and Hannam Investments' Bloys to its London-based team
Palatine supports MBO of Lucion Services
Testing, inspection and certification business will undertake an acquisitive growth strategy
LDC sells Away Resorts to Bregal Freshstream
Deal is the 10th investment made by Freshstream's debut fund, which writes cheques of тЌ30-100m
Tengram sells This Works for £43m to Canopy Growth
Canopy Growth focuses on the production of cannabis products for medical and recreational uses
Horizon sells Eat to Pret a Manger
Sale of UK sandwich shop chain brings to an end an eight-year holding period for the vendor
Baird Capital exits Clearwater in £11m deal
Sale ends a four-year holding period for the GP, which bought the company via its BCPE Fund II
YFM invests $4.5m in Elucidat
Education-focused authoring platform developer will invest in product development and recruitment
Maven invests in WaterBear Education
Maven is currently investing from its Maven UK Regional Buyout Fund, which closed on тЌ100m
Entry multiples heating up further in Q1 – research
Average value for PE-backed transactions increased by nearly 15% versus Q4 2018, says Clearwater
KKR's Trainline announces intention to float
Train and coach ticket booking company expects to be eligible for FTSE inclusion following IPO
Horizon-backed Wireless Innovation bolts on Ground Control
GP provides equity to support the acquisition of the US-based telecommunications firm
VCs invest £14m in Storm Therapeutics
Storm Therapeutics has now raised more than ТЃ30m in capital from its new and existing investors
Unquote Private Equity Podcast: Sector selectors
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses sector specialisation strategies
Syncona leads £35m series-A for Quell
UCL Technology Fund also took part in the round for the newly launched cell therapy company
Impact investment demand outstripping supply – research
LP demand is high but met with a lack of high-quality offerings, according to a Rede survey
Equistone appoints BGF's Copeland and promotes Baker
Copeland joins as investment manager in Birmingham and Baker is promoted to investment director in London
Frog leads £14m round for Modulr
Fresh capital will be used to accelerate Modulr's growth in the UK and expand in Europe
Balderton, Northzone co-lead £15m round for Wagestream
Wagestream has raised a total of ТЃ40m in the latest round, including a ТЃ25m credit facility
Webedia acquires Panoramic- and Smedvig-backed Quill
Marketing content provider is reportedly anticipating revenues of ТЃ7m in its current financial year
BIVF, UCB Ventures lead £1.4m round for Rinri
Representatives from BIVF, UCB Ventures and BioCity have joined the company's board of directors
Bowmark sells Aston Lark to Goldman Sachs
Deal brings to an end a four-year tenure, during which the insurance brokerage made 13 bolt-ons
GP Profile: Maven Capital Partners
Maven Capital Partners is celebrating its 10th anniversary in June 2019, following a busy year on all fronts
Oakley set to close fourth fund on €1.4bn hard-cap
Vehicle was registered in Luxembourg in September 2018 and held a first close earlier in the year
Summit Partners, FleetCor exit Masternaut to Michelin
Masternaut will continue to operate under its own brand as a wholly owned subsidiary of Michelin