UK / Ireland
Specialist healthcare funds on track for another record year
GPs raised EUR 4.4bn with swelling need for healthcare investment but could face challenges in keeping a disciplined deployment
Pemberton launches NAV financing strategy with new hire
Thomas Doyle joins alternative credit specialist from 17Capital
Aztec appoints new head of ESG
Caroline Mantoura joins the fund services provider after 12 years at Accenture
Access holds EUR 375m first close for ninth flagship fund
Managing partner Philippe Poggioli speaks to Unquote about the Access Capital Partners' small-cap buyout fund-of-funds strategy and the GP's latest fundraise
General Atlantic appoints head of ESG from PAI
Cornelia Gomez joins with an aim to bolster the sponsorтs ESG efforts and will be based in London
Reckitt Benckiser baby nutrition carve-out likely to attract sponsors
Goldman Sachs is advising on the process for the infant formula maker, which could be valued at GBP 6bn
NorthEdge appoints two new partners amid several senior promotions
UK GP bolsters teams in Manchester, Leeds and Birmingham with 80% of Fund III to invest and over 50% of its SME vehicle deployed
Epiris acquires Inchcape Shipping Services in SBO
Deal for London-based maritime services provider marks the 10th investment by Epiris Fund II
The Bolt-Ons Digest – 1 April 2022
NorthEdge's Correla; LDC's Omniplex; QPE's Encore; Cinven's Barentz, Tenzing's Jeffreys Henry, and more
Soho Square explores Alpine Fire Engineers sale
Clearwater is advising on the upcoming auction for the Manchester-based provider of active fire sprinkling systems
KSL Capital acquires Pig Hotels
Travel and leisure-focused GP plans to expand the boutique hotel chain across the UK with acquisitions and development
Azalea holds USD 100m first close for sustainability fund-of-funds
Fund-of-funds will invest in managers focused on ESG and positive environmental and social impact
Summit buys 18 Week Support
Deal for UK-based NHS insourcer confirmed by March 25 Companies House filing; buyout follows Houlihan Lokey-led auction launched last year
Growth Capital Partners V holds GBP 260m final close
UK-based GP aims to provide flexible capital for UK-based technology, services and industrials SMEs
Equistone sells FirstPort to sponsor-backed Emeria
Deal for UK property management group marks first exit from Equistone Partners Europe Fund VI
Connection Capital exits Tempcover to RVU for 5x money
London-based RVU owns Uswitch, Confused.com, and Money.co.uk
Hg eyes exit from software and services group IRIS
Company could be marketed off annual EBITDA of more than GBP 110m; unclear whether co-owner ICG would seek an exit
Glendower eyes new secondaries fund
London and New York-based secondaries firm was acquired by CVC Capital Partners in 2021
CVC sells Theramex to Carlyle, PAI for GBP 1.2bn
CVC acquired the women's health pharmaceutical business in a USD 703m carve-out in 2017
Equistone sells Team ITG to Bridgepoint
GP to rejoin the marketing activation business as minority shareholder via its dedicated Reinvestment Fund
Pamplona to liquidate LetterOne-backed funds, to sell LP stakes in cut-off process
GP to begin formal wind down process on three funds after sanctions hit the LPтs Russian backers
Livingbridge buys Nourish Care Systems
GPтs investment will aim to further develop the UK-based provider of digital care planning software to the social care sector
CVC's Amsterdam IPO move adds impetus to calls for LSE reform
CVC Capital Partnersт reported preference for Amsterdam as a potential home for its shares shows that Londonтs regulatory regime still needs to be far more flexible, several sources said.
Circularity Capital hires new investment director
Deanna Zhang joins the UK-based circular economy investor from L-Gam