UK / Ireland
Sponsors kick off 2022 with buyout volume down 13% year-on-year
Energy costs, inflation and war in Ukraine cloud deal activity but value holds up with average deal size on the rise
Oaktree and 17Capital announce strategic partnership
Oaktree is to take a majority stake in the London-headquartered specialised NAV financing provider
Pamplona Capital announces process to redeem LetterOne investments
Following redemption GP says it will have no direct or indirect exposure to Russian capital
Pollen Street to expand investment strategies in public market foray
UK alternative asset manager will seek to carve out a niche for itself with existing and new strategies after merger with Honeycomb
Palatine acquires housing provider Jessup
GP competed against other sponsors in Clearwater-led auction; founder Clive Jessup to retain minority stake
CVC collects first round bids for Theramex
Rothschild and HSBC are advising on the sale of the UK-based womenтs health pharma company
Bowmark, MML to exit The Instant Group in deal with IWG
IWG to invest GBP 270m to buy sponsorsт stake and provide growth capital; new group expected to list in 2023
Inflexion buys Astrak Group
Inflexion has now announced two deals from its recently closed GBP 2.5bn Inflexion Buyout VI fund
Gresham House announces five senior promotions
Growth equity investor Gresham House Ventures has made five senior promotions within its investment team.
Limerston exits Prism to Charme
Charme will complete the deal through Charme IV, which has raised EUR 700m to date
Rubicon sells John Lawrie Metals to ArcelorMittal
The London-based GP invested in parent company John Lawrie Group in 2017
Sure Valley's new VC fund holds first close on GBP 85m
British Business Bank has committed GBP 50m for the UK software-focused vehicle
GP Profile: BC Partners looks to steady deployment ahead of next fundraise
Head of IR Alexis Maskell details the GP's plans to lay strong foundations for when it next hits the road, possibly in H2 2023
Inflexion exits Succession to Aviva for 3x money
Insurer Aviva paid GBP 385m for the asset
Battery exits Forterro to Partners Group for EUR 1bn
New owner to expand London-based ERP provider with organic growth initiatives and acquisitions in adjacent geographies, sub-verticals
Montagu bolsters senior leadership team with two hires
Louise Denning and Tim Cochrane join the GP's London office
Hiro Capital launches new gaming and metaverse fund
More than double the size of its predecessor, the EUR 300m vehicle will make its first deals in April
Partners Group set for second PG Life fund
PG Life II is expected to follow the global impact investing strategy of its predecessor
Lincoln hires three for financial services team
London-based Antoine Dupont-Madinier and Max Cornu-Thenard have joined from Panmure Gordon
PSG eyes second European fund
PSG Europe II has a EUR 2.5bn target; its predecessor closed on its EUR 1.25bn hard-cap in 2021
WestBridge exits bChannels to trade for 4.2x money
WestBridge acquired the UK-based technology marketing firm in a GBP 3.5m SBO in 2014
Battery Ventures launches Forterro sale via Arma Partners
Information memoranda for the GBP 50m EBITDA ERP software group have already been distributed to prospective bidders
Digital Horizon set for USD 200m Fund II first close in Q2 2022
VC started marketing the fund in December 2021 and has USD 100m in soft commitments to date
SoftBank leads USD 230m secondary placement for Gousto
Fidelity International, Grosvenor Food & AgTech, Railpen join the UK recipe box company's share register