UK / Ireland
Sun European names new healthcare managing director
Sun recruits Mark Braganza, a former partner at GHO Capital, to spearhead its push into healthcare
Pictet holds USD 350m final close for Technology Fund
GP intends to launch a healthcare- and biotech-focused thematic fund in early 2022
Valuations rising as food & beverage whets PE's appetite
Within the space of a year, average pricing in the space has increased by 2.2 turns of EBITDA, research by Clearwater and Unquote shows
CVC acquires secondaries specialist Glendower Capital
Strategic partnership comes four years after Glendower completed a spin-off from Deutsche Bank
Perwyn names le Huray as partner
Le Huray joins the firm from Hg, where he was an equity partner
UK remains priciest PE market in Europe
LTM average entry multiple for UK buyouts stood at 13.2x in Q2 - up by nearly two and a half turns of EBITDA year-on-year
Mobeus sells VCT business to Gresham House
Mobeus intends to focus on its UK small-cap buyouts business, including raising Mobeus Fund V
KKR, Bain among suitors for Unilever's tea business
Cinven, Blackstone, Apollo, CD&R and CVC are among the other sponsors considering bids
EQT Ventures gears up for third fund
Fund registration comes less than two years after the final close of its EUR 660m predecessor
Revaia closes debut fund on EUR 250m
Formerly known as Gaia Capital Partners, the firm was founded by Elina Berrebi, Alice Albizzati
HIG closes Europe Middle Market fund on EUR 2bn
GP's first mid-market fund was launched in September 2020, according to Unquote Data
Risk Capital Partners leads GAK management buyout
Brighton-based musical instruments retailer GAK was founded in 1992 by vendor Gary Marshall
British Private Equity Awards: last chance to vote
The public vote is coming to an end т pick your winners before 5pm tonight
IQ Capital lines up next fundraise
Deep-tech specialist has registered IQ Capital IV, the successor to its $175m third effort
Livingbridge explores M247 piecemeal sale
Livingbridge reinvested in M247 in partnership with Ares in March 2020
Morrisons suitor Fortress could take its time to respond to CD&R bid
CD&R's 285 pence bid pipped Fortress's earlier offer, leading Morrisons' board to switch its recommendation
Montagu sells Servelec to PE-backed Access Group
GP acquired the health and social care software developer in a GBP 223.9m take-private in 2018
Palatine exits Verdant Leisure for 3.7x money
Palatine acquired the UK-based holiday park operator in a GBP 40m SBO from RJD Partners in 2016
Marlborough founder David Parker joins Axis Arbor
New debt advisory firm was launched last year and notably advised on the Deliveroo IPO
Unquote Private Equity Podcast: Climb in pricing persists
Following the publication of the Q2 2021 Multiples Heatmap, Unquote welcomes Clearwater's executive team to discuss pricing trends
Cardinal Capital to acquire MML-backed Ashdale Care
A source close to the situation confirmed the deal; it was first reported in the Irish Sunday Times
Livingbridge acquires RealVNC
Equity comes from the GP's GBP 1.25bn Livingbridge 7, which has made four deals in Europe so far
Livingbridge invests in Jungle Creations
GP is investing in the social media content agency via its SME-focused Enterprise 3 vehicle
Highland, Brookfield lead USD 100m round for Plentific
Mubadala Investment Company and existing investors including Target Global have backed the round