UK / Ireland
Five Arrows, TA-backed RLDatix acquires Verge Health
Verge Health's Mt Pleasant-based management team will stay on following the transaction
European Direct Lending Perspectives Q2 2020
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Samaipata Ventures raises €100m second fund
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Livingbridge sells Ten10 to Graphite Capital
Management team is led by Chris Shaw who was appointed as chief executive in September 2017
Hg-backed Iris acquires Isams
Previously a portfolio company of Hg 6, Iris is now owned by Hg Saturn Fund, which closed on ТЃ1.5bn
Hg, TA invest in Access Group
TA is currently investing from TA XIII, which closed on $8.5bn in May 2019
Video: market sentiment is on the up, says CIL's Jon Whiteman
Unquote interviews Jon Whiteman from CIL Management Consultants following their win at the 2020 British Private Equity Awards
BFinance hires private markets senior director
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Isomer II sets target at €250m
Fund's predecessor, Isomer Capital Fund, closed on тЌ150m in February 2016
LearnUpon raises $56m from Summit Partners
Funding will be used to hire more staff, support product development and meet customer demand
True Ventures raises $840m in two final closes
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital
Aurelius acquires GKN Wheels & Structures
Aurelius plans to explore off-highway wheels sector consolidation options following the carve-out
Dunedin-backed GPS draws investment from Visa
Global Processing Services generated revenues of ТЃ16.5m in 2019 and adjusted EBITDA of ТЃ3.79m
Mercia sells Clear Review for £26m
Mercia portfolio director Nigel Owens, previously a non-executive director, will step down
LDC exits Mitrefinch
LDC invested ТЃ20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Averna acquires ClimateCare
Debt was provided by Bridgepoint Credit, which recently successfully acquired EQT's credit business
Baird, Beechbrook complete Nigel Wright restructuring
Both institutional investors will retain minority positions in the recruitment business
Video: Frog Capital's Mike Reid on growth equity's chance to shine
Reid recaps a busy year for Frog and shares his experience of dealing with the Covid-19 crisis
Video: Alantra's Andy Currie on the outlook for PE
Unquote interviews Andy Currie from Alantra, winner in the Corporate Finance Firm Of The Year category for the 2020 British Private Equity Awards
Levine Leichtman Capital Partners Europe II closes on €463m
Fund has already completed one investment and has two additional deals under contract
BlackRock invests $118m in Arrival at $3.5bn valuation
BlackRock, Hyundai and Kia along with United Parcel Services will hold a minority interest in Arrival
Northpond, Octopus lead $30m series-A for Ori Biotech
Existing investors Amadeus Capital Partners, Delin Ventures and Kindred Capital also join the round
Sofinnova appoints Anderson as partner
Anderson has 25 years of experience in the healthcare and life sciences industries
British Private Equity Awards 2020: winners announced
Unquote unveils the winners of the 2020 British Private Equity Awards, hotly contested despite a most challenging market