UK / Ireland
LDC's Onecom bolts on Glamorgan Telecom Group
Add-on is the first since LDC and Ares provided financing of ТЃ100m to the telecoms company in 2019
NorthEdge-backed Catalis acquires Whyttest
Marius Potirniche, the founder of Whyttest, has become a senior executive within the Testronic team
Macfarlanes hires Ropes & Gray's Hitching
Hitching joins from the London office of Ropes & Gray, where he has been a partner since 2017
BGF-backed Hobs sells Anexsys
Trade buyer Xact was acquired by JLL Partners from Clearview Capital in 2018 in an MBO
Cowen leads $60.8m round for F2G
Existing investors Novo Holdings, Morningside Ventures and Brace Pharma Capital also participate
Augmentum et al. invest in £35m series-C for Habito
Entrepreneur Yuri Milner's investment vehicle Gemini led a ТЃ25m equity raise for the company in February
Venture, tech keep UK market afloat in H1
Buyout and exit volume dropped dramatically in the first half of 2020, while GPs are doubling down on technology-driven strategies
Venture capital fund invests in Antikytera E-Technologies
Company plans to use the fresh capital to further expand, develop new features and scale up its team
Arsenal Capital Partners acquires Cello Health
Acquisition values Cello at ТЃ181.8m and will form part of the GP's healthcare consultancy platform
Advent International acquires stakes in Hermes UK and Germany
GP reportedly pays тЌ1bn for the two stakes in the parcel delivery firm
VCs sell stakes in Kandy Therapeutics to Bayer
Backers included Advent Life Sciences, Fountain Healthcare Partners, Forbion, OrbiMed and Longitude
Aquiline-backed ClearCourse buys Practice Point
Practice Point's management team will stay on with the business, which will continue to operate independently
DIF Capital invests €82m in Touax Rail
GP is currently investing from its 2019-vintage DIF Core Infrastructure Fund II
Kester Capital closes second fund on £90m
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
PE-backed Nylacast acquires Supergrip
Deal is Nylacast's second add-on transaction since the GP acquired it in 2018
France, southern Europe drive dealflow uptick in July
Buyout market is picking up again following one of the worst slumps on record, with some of the regions originally hardest hit becoming busier
ICG launches second recovery fund
Second vehicle will be larger than its predecessor, which closed on тЌ843m in March 2010
Partners Group-backed Civica acquires InfoFlex
Omers Private Equity sold Civica to Partners Group for an enterprise value of ТЃ1.055bn in 2017
Synova-backed Fairstone acquires Chiltern House
Synova committed ТЃ25m to the development of Fairstone in 2016, drawing equity from Synova III
ECI-backed Arkessa acquires Sim Services
Acquisition is expected to allow Arkessa to strengthen its presence in the Netherlands
Axon launches €150m fourth innovation growth fund
Fondo Axon Innovation Growth IV acquires minority stakes in technology businesses with high-growth potential
Foresight-backed Envair acquires TCS for £2m
TCS managing director Dave McCabe will stay on with the combined company
Aberdeen Standard hires Cinven's Robinson
Robinson joins from his position as principal at Cinven, where he acted as a non-executive director
NorthEdge-backed Orbis acquires Optosafe
Current Optosafe CTO John Robertson has joined Orbis as managing director of the Optosafe division