UK / Ireland
UK tech dealflow resilient despite spectre of Brexit
UK investments accounted for 28% of European tech dealflow in the first three quarters of 2017, with a flurry of fintech deals already seen in Q4
Livingbridge's Broadstone makes double bolt-on
Benefits and pensions consultancy acquires Mitchell Consulting and 2020 Trustees
Cairngorm secures majority stake in Thornbridge Sawmills
Deal is the first for the Cairngorm Capital II fund, which closed in April 2017
Terra Firma to walk away from Four Seasons
Creditor H/2 Capital had originally proposed that the GP retain an 11% stake in the business
3i sells Hobbs to Foschini after 13-year holding
GP originally acquired the womenswear retailer from Equistone in a ТЃ111m EV deal in 2004
DN Capital in $15m series-B for Hostmaker
Thailand-based property developer Sansiri and Hong-Kong-based Gaw Capital lead the round
Thrive, Passion in £71m round for Monzo
US investors Goodwater Capital and payment technology company Stripe are also taking part
Phoenix sells Porthaven to Fremont
Care home operator has increased its number of locations fivefold under the GP's tenure
Rutland reaps 2.6x on £69m sale of Brandon Hire to VP
GP was invested in the UK-based tool and equipment rental company via its second fund
Synova opens US office, appoints Summit's Usher
GP is opening a New York office to support portfolio companies' expansion into the US market
Calculus invests £2.2m in Every1Mobile
Mobile-enabled social impact organisation will use the funding to expand its geographic remit
Mayfair's Tour Partner in Trans Nordic Tours bolt-on
Deal is the third acquisition for the private-equity-backed buy-and-build platform
Vector injects $77m into CloudSense
Commerce software business will expand its North American presence following the deal
Palatine invests in E-Days
Deal for the employee absence software developer is the second investment from the GP's impact fund
AnaCap's Aldermore to recommend takeover offer from FirstRand
Deal would value the UK bank, which listed in 2015 and is still backed by AnaCap, at ТЃ1.1bn
Inflexion merges insurance brokers Bollington and Wilsons
New company Bollington Wilson Group is expected to generate gross written premiums of around ТЃ120m
CCMP sells Pure Gym to Leonard Green in £600m deal
Pure Gym's revenues have increased fivefold over CCMP's four-year ownership
Debut funds flourish in UK market
First-time fundraisings are increasingly frequent in the UK, with 2017 seeing the most final closes of maiden funds for five years
TransferWise in $280m series-E
Deal values the London-based money transfer service at $1.6bn
Preservation Capital backs Ascent Underwriting
New financial-services-focused firm Preservation Capital Partners inks its first deal
NVM invests £4m in Hello Soda
Deal sees the VCT manager acquire a minority stake in the data analytics software company
Lonsdale hires new investment associate
Second addition to the team in the past six months also follows the promotion of Evans to partner
Breyer and Index in $28m series-B for Kano
Fresh capital will fund the launch of the company's products in the North American market
Caledonia sells Sloane Club to Queensway and Clearbell
Deal ends a 26-year tenure and gives the private members club an enterprise value of ТЃ80.6m