UK / Ireland
3i, Volpi invest in Digital Barriers
Volpi reinvests in British video compression technology provider alongside 3i and management
Shard Credit holds first close for GBP 75m debut venture debt fund
GP has so far raised GBP 16.5m; hopes to hold final close by June 2023 on hard cap of GBP 100m
LDC hires ESG director from Deloitte
Alex Bexon will help the firm pursue sustainability commitments, such as net-zero operations, by 2030
LDC exits Plimsoll Productions in GBP 131m sale to ITV
Sponsor held a minority stake in the TV production company after a deal that valued it at GBP 80m in 2019
Gresham House reaps 2.3x on exit of MBI to trade
GP sold the publishing and events asset in an off-market deal to AIM-listed GlobalData
Clearwater Multiples Heatmap: PE activity holds up amid war, inflation woes
Record levels of dry powder continue to bolster the resilience of the buyout market in Q1 2022
HIG Bayside promotes Malezieux to managing director
Mathilde Malezieux has more than 16 years of investment banking and distressed investment experience
Inflexion to exit Global Reach in trade sale
UK foreign exchange company to be acquired by US-listed business payments specialist Fleetcor
Schroders Capital hires head of private credit from Federated Hermes
Mark Bruen joins the private asset manager's office in London
Unigestion launches third Direct fund with EUR 1bn target
Strategy invests in mid-market companies alongside the GP's investment partner network
Forbion exceeds Growth Opportunities II target with EUR 470m first close
Biopharma GP sees growing demand for private capital amid IPO lull; gears up for EUR 600m hard-cap by summer end
EY to bolster PE offering with USD 1bn investment
EMEIA tax managing partner Bridget Walsh has been appointed as EY's Global Private Equity Leader
LPs' net returns highest since financial crisis – Coller Capital
Secondaries specialistтs Summer 2022 Barometer shows that half of LPs want to increase their allocation to alternatives, with 91% still committing to PE first closes with incentives
Reach Capital opens London office
FrУЉdУЉric Muller will head the office, with more hires and geographical expansion expected to come
Foresight Capital exits Codeplay Software in trade sale
GP is to reap 15.7x MOIC and 100% IRR on the sale of the AI integration software
FPE Capital bolsters investment team
Sam Greenberg joins as GP starts deploying recently closed FPE Fund III
Graphite Capital exits Random42 in trade sale
GP sold medical animation studio acquired in 2017 to US-based medical communications agency, Lockwood Group
Inflexion reaps 4x on Goals Soccer Centre exit
Sale of the football pitch operator back to founders marks second exit from Enterprise Fund IV
PE capital calls at 10-year low in 2021– Investec
Research cited the prevalence of fund financing and the increasing size of funds as reasons for the slow-down
Baird Capital exits Crisp Thinking to Kroll
GP invested GBP 19m for a minority stake in the social media monitoring firm in 2018
Revaia aims for EUR 400m - EUR 500m final close for Fund II by year-end
VC firmтs second fund is expected to be up to double the size of its EUR 250m debut vehicle
Pemberton assesses European market for NAV strategy
Having hired Tom Doyle from 17Capital, the firm is looking at trends including generational change and market consolidation that will drive demand for strategy
Astorg buys Open Health in SBO from Amulet
The medical communications company was Amulet's only asset outside of North America
Livingbridge taps PwC to explore Helping Hands exit
GP acquired the UK-based home care provider from its founders in 2018 in a Deloitte-led auction