UK / Ireland
Mayfair acquires Seraphine from Bridgepoint for £50m
Seraphine generated ТЃ28.1m in sales for the year to 31 March 2020 and ТЃ4.7m EBITDA
Index, General Catalyst in $100m round for Bloom & Wild – report
Existing shareholders in the business include MMC Ventures and Piper Private Equity
Covid-19 impact expected to be more severe than GFC – survey
Almost all Dechert survey respondents expect distressed deals to increase, while 82% cited more deal delays as an ongoing effect
LDC-backed Linley acquires MML's Lomond in £100m merger
Co-founder and CEO of Linley & Simpson, Will Linley, will join the board as group managing director
Inflexion acquires DWS minority from Daisy Group for £1bn
Daisy began exploring strategic options for the business with Oakley Advisory in September 2020
CD&R carves out Wolseley UK plumbing merchant business for £308m
Ferguson engaged NM Rothschild to approach potential buyers in October 2020
Waterland's Median Kliniken acquires Priory Group for £1bn
Deal is the 22nd bolt-on in Median's buy-and-build strategy since Waterland's first investment in 2011
NVM sells It's All Good to CapVest-backed Valeo Foods
IAG is the 15th food business to be acquired by Valeo Foods since it was founded in 2010
Here's to a merrier 2021
The Unquote team wishes you a restful break and will be back to cover European private equity news on 4 January
Pollen Street sells SRG to HGGC
Deal represents a full exit for Pollen Street Capital, which was invested in SRG through its third fund
Livingbridge invests in Welltel
Livingbridge intends to accelerate Welltel's growth plans by supporting its M&A programme
Amadeus leads $3m round for V7 Labs
Round also sees participation from Partech, Air Street Capital and Miele Venture Capital
BVP leads €2.1m round for FoodMarble
Company is looking to further its US activity following the fresh funding
VC-backed Cazoo acquires Target Global-backed Drover
Cazoo generates revenue of ТЃ150m and has a valuation of more than ТЃ2bn
29% of LPs have decreased interest in emerging managers – survey
Placement agent Eaton Partnersт latest LP Pulse Survey collected responses from 61 LPs globally
Toscafund, Penta to acquire TalkTalk for £1.1bn
Consortium offered 97 pence per share, a premium of 16.4% on the unaffected share price of 83.3 pence
LDC exits Texthelp, Five Arrows invests
LDC was seeking around five potential sponsors in October 2020, one of which was ECI Partners
Ontario Teachers' hires Nick Jansa from Deutsche Bank
Jansa joins from Deutsche Bank, where he spent more than 24 years
Unquote Private Equity Podcast: UK & Ireland 2020 Review
Early figures highlight how a 2008-style meltdown was averted in 2020, both in terms of deal-doing and fundraising
AlpInvest closes seventh secondaries fund on $9bn
ASP VII is a dedicated secondaries investment programme focused on fund interests and GP-centered investments
Mobeus backs £9.5m ABL1Touch buyout
Management team will be joined by Bill Duffy, previously of Nationwide Autocentres
AnaCap acquires Novia
Total equity in the business was worth ТЃ26.7m as of April 2020, according to Companies House
Maven buys Envitia for £17m
Envitia, a geospatial technology provider, reported ТЃ6m in revenues and ТЃ998,000 in EBITDA in 2019
Twenty20 appoints Folwell-Davies
Folwell-Davies joins from Deloitte where she led the firm's human capital services M&A practice