UK / Ireland
Gyrus Capital's Essential Pharma refinances, inks two deals
In parallel with the refinancing, Essential Pharma completed two M&A deals in December
Maven exits Healthpoint in trade sale
GP reaps a 3.1x return on its investment in the consumer healthcare and beauty supplier
Korify launches debut VC fund with USD 100m target
Vehicle will back biotechnology companies focusing on mental illnesses and age-related diseases
Adams Street closes 2021 Global Fund on USD 832m
Adams Street's predecessor fund-of-funds held a final close in December 2020 on USD 823m
Livingbridge sells Southern Communications
GP appointed Oakley Advisory to launch the sale over the summer
2022 Preview: Sponsors toast to incredible year, but remain wary of hangover
Many sponsors are anticipating that 2022 could be just as busy as 2021, in spite of mounting headwinds
CD&R forms USD 4bn special-purpose vehicle for Belron stake
CD&R is also selling part of its stake to existing backers, including Hellman & Friedman
HungryPanda raises USD 130m in Series D round
London-headquartered company has now raised USD 220m over the last three years
Blackstone registers ninth fund
Previous flagship fund, Blackstone Capital Partners VIII, held a final close in September 2019 on USD 26bn
Auction for Bridgepoint's Element to kick off next year
Sale of Element Materials Technology is likely to be highly contested by other private equity firms
GL Education attracts large-cap PE firms ahead of Q1 sale
Baird is advising incumbent sponsor Levine Leichtman Capital Partners on the exit
Fortress buys Punch Pubs from Patron Capital
Patron Capital Partners and May Capital acquired the pub operator in a GBP 1.8bn deal in 2017
PE-backed Ardonagh secures further investment at USD 7.5bn valuation
US private equity houses HPS and MDP merged five insurance firms to form Ardonagh in 2017
VC firm BGV kicks off fundraise for second growth fund
Upcoming fund will invest 80% of its target size in BGV's existing portfolio companies
Rutland exploring dual-track exit for Omar Group
UK-based builder of park homes and luxury lodges is expected to come to market in Q1 2022
Most LPs seek to improve co-investment appeal – Coller Capital
Coller Capital's winter 2021-22 Global Private Equity Barometer covers topics including secondaries
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
ECI sells Content+Cloud for 4.1x money
Sale of the IT service and digital consultancy ends a five-year investment period
Q3 Barometer: PE scales new heights
The latest Unquote Private Equity Barometer, produced in association with abrdn, is now available to download
Advent Tech II closes on USD 4bn
Predecessor fund in Advent's technology-focused strategy held a final close in 2019 on USD 2bn
VCs support USD 475m first close of Monzo's latest round
Bank is expected to raise more than USD 500m on the round's second close at a USD 4.5bn valuation
PE firms study rivals' IPOs as they consider options
Recent slew of peer listings such as Bridgepoint and Petershill inspire key players as they mull options for their own businesses
Permira in USD 5.8bn Mimecast take-private
Announcement follows a series of discussions with potential strategic and financial investors
Triton to buy Clinigen in GBP 1.2bn deal
Board of the UK-based listed pharmaceuticals company has agreed to the offer