UK / Ireland
McWin closes EUR 500m restaurant fund backed by ADIA
Food specialist also set to start fundraising for EUR 250m food tech vehicle next month
Sidekick spinoffs: Insurtech scale-ups attract PE interest
Investment set to break EUR 1.1bn mark this year as sponsors seek for rising stars
LDC reaps 4x returns in Aqualisa GBP 130m trade exit
US-headquartered Fortune Brands plans to accelerate growth of shower products manufacturer
Aurelius to buy Footasylum following antitrust ruling
Deal values high street sneaker retailer at EUR 45m as owner JD Sports forced to divest
Aliter Capital readies Ipsum for post-summer auction
DC Advisory to lead on sale of UK-based utilities and infrastructure services provider
CD&R to form facilities management group with two primary buyouts
Family-owned Atalian and OCS will merge to create platform with presence in Europe and Asia-Pacific
Deutsche Bank head of EMEA equity-linked departs
Xavier Lagache is no longer in the role after more than a decade; replacement not announced
Synova V holds first and final close on GBP 875m hard-cap
The fund has a GBP 250m pool earmarked for smaller deals and expects to make a handful of DACH and Nordics investments
StepStone Group gears up for next Tactical Growth Fund
Predecessor primary, secondaries and co-investment vehicle held a final close in 2021 on USD 690m
Unquote British Private Equity Awards 2022: final week to enter
Submissions for the 2022 Unquote British Private Equity Awards are open until 29 July at 5pm
Squire Patton Boggs poaches Gateley's head of corporate
Tom Durrant joins the US-headquartered law firm after 15 years at Gateley
CBPE in exclusivity to acquire Palatine-backed Veincentre
UK varicose vein treatment clinic was put up for sale in a Grant Thornton-led auction
FPE Capital bolsters investment team
Ben Cole promoted to investment director at the software and services growth investor
Pemberton strengthens team with four senior hires
Anders Svenningsen, Christoph Polomsky, James Taylor and Sally Tankard join the firmтs European offices
LDC mandates Houlihan Lokey for MSQ Partners exit
Formal auction for the UK-based marketing communications group has not yet been launched
ECI sells Bionic to Omers reaping 4.8x
Following the sale of the UK-based SME price comparison platform, ECI will reinvest via ECI 10
VC Profile: Vektor Partners backs tech mobility transformation with new fund
VCтs debut fund has a EUR 175m hard-cap and aims to back startups with initial tickets of EUR 3m-EUR 5m
Tenzing sells CitNOW to Livingbridge; reaps 9.6x return, 74% IRR
The vendor will continue to back the UK-based car dealership software group via other funds
Nest mandates HarbourVest for PE investing
Workplace pension scheme has made its second PE mandate following its partnership with Schroders
Cinven plays long game with financials fund in hunt for 3x returns
With a life of 15 years, the new vehicle has closed above target, with insurers making up about a quarter of its LP base
BGF announces changes in leadership
CIO Andy Gregory to head UK growth investor as Stephen Welton is made non-executive chair
Astorg, Epiris to split Euromoney in two in GBP 1.6bn agreed offer
The deal will see Astorg carve out the Fastmarkets commodity pricing brand, with the remaining business controlled by Epiris funds
Sponsors brave the storm amid drop in financial services M&A
GP buyouts in the financial services space reached a two-year high in H1 2022 as rising financing costs and a brewing recession cloud the sector's M&A outlook
Epiris buys Sepura in EUR 159m carve-out deal
UK-based manufacturer of digital walkie-talkies was divested by Chinaтs Hytera Communications