UK / Ireland
Inflexion taps Harris Williams for upcoming Alcumus exit
Private equity suitors could preempt the auction given the popularity of the space
Providence sells Tes Global to Onex
Providence originally acquired the education software provider in an SBO from TPG Capital
Unquote Private Equity Podcast: To 12x and beyond
The Clearwater International Multiples Heatmap reveals that average entry multiples broke new records in Q3, on the back of a still-buoyant M&A market
Inflexion invests in WithWise
GP takes a minority stake in the UK-based staff management platform for logistics delivery firms
Connection Capital hires Anas Afzal as fund associate
Afzal joins from Aberdeen Standard, where he was a portfolio analyst on the fixed income team
Vita Group attracts early interest from ICG and Lone Star
Information memorandums have been distributed for the UK manufacturer of polyurethane foam
Foresight sells DA Languages to IK Partners in SBO
IK expanded its UK operations to include a local small-cap team headed by partner Tom Salmon in 2020
O3, Novum to acquire Gumtree UK, Motors.co.uk
Sale is required for Adevinta to obtain approval from the UK CMA to buy eBay Classifieds
IK Partners ventures into UK mid-cap deal-making
New team will be staffed by three or four investment specialists based in London
Average fund size reaches new heights amid stark market bifurcation
Average buyout fund close for 2021 stands at EUR 1.33bn, more than double the EUR 629m recorded in 2017
Tenzing raises GBP 100m Belay Fund
Vehicle can invest up to GBP 150m and will back the GP's Tenzing II portfolio companies
CapVest, Duke Street in second round for Evergreen Garden Care
Vendor Exponent is expected to collect final offers at the beginning of December
VCs in USD 156m round for Quell Therapeutics
Series B for the Treg therapy developer was led by VCs including Jeito Capital and Ridgeback Capital
Motorway raises USD 190m in Series C
Index Ventures and Iconic Growth have co-led a USD 190m funding round for Motorway, valuing the UK-based used car sales platform at more than USD 1bn.
Livingbridge exploring Network Plus Sale options
Rothschild is advising on the process, which is in the early stages, according to several sources
Multiples Heatmap: TMT deals inked in Q3 pass 19x mark
Average entry multiples were again pushed into record territory in Q3 on the back of a still-buoyant M&A market
CVC buys Unilever's tea business for EUR 4.5bn
European food and beverage buyouts are now set to reach EUR 13bn in 2021, according to Unquote Data
Bain gears up for sixth European buyout fund
US-headquartered GP held a final close for its previous European fund in 2018 on EUR 4.35bn
Tencent leads GBP 60m round for Ultraleap
Company develops haptics hardware technology, allowing touch-free interaction with devices
Balderton raises USD 600m for eighth flagship fund
Fund will continue the VC's Series A-focused strategy, targeting European startups
Sofinnova holds EUR 150m close for third biotech fund
Impact fund has made two investments as of its interim close and expects to make 10-12 in total
Mobeus's Equip Outdoor Technologies mandates KPMG for potential sale
Equip Outdoor Technologies is the parent company of specialist outdoor brands Rab and Lowe Alpine
Graphite buys Opus Talent Solutions
Deal is the eighth investment from the GP's GBP 500m Graphite Capital Partners IX fund
Waterland sells Cawood for 3.7x money
Trade sale to EBI is the first exit from the GP's GBP 2bn, 2017-vintage fund Waterland VI