UK / Ireland
YFM-backed DSP acquires Explorer
Acquisition of Explorer is expected to see group revenues boosted to more than ТЃ20m
YFM hires new partner
YFM closed its most recent fund, YFM Buyout Fund II, on ТЃ80m in March 2020
ECI invests in CSL
ECI is currently investing from its ECI 11 fund, which closed on ТЃ700m on July 2018
GCP invests in GTS
GCP makes hybrid debt and equity investments of ТЃ5-30m across a variety of sectors
Hg makes further investment in Evaluate
Hg Capital Trust has invested approximately ТЃ8.1m alongside other institutional clients of Hg
GP Profile: Tenzing Private Equity
Following a busy start to 2020, topped by its ТЃ400m fundraise, Tenzing is setting its sights on making further investments later this year
UCL Technology Fund 2 holds first close on £100m
UCL Technology Fund closed on ТЃ50m in January 2016 and is now fully deployed
THCP-backed Byron to be acquired out of administration
Existing investors, including Three Hills Capital Partners, will retain a minority share
Epiris acquires Casual Dining Group
Epiris commits further resources for assets including Bella Italia, CafУЉ Rouge and Las Iguanas
Vitruvian closes fourth fund on €4bn
Evercore Private Funds Group and Monument Group acted as placement agents
Stanley Capital acquires Noden Pharma DAC
Stanley Capital expects to pursue a buy-and-build strategy with the pharmaceutical company
DACH buyout market weathers Covid-19 impact, UK and France suffer
Germany emerged as the busiest region in Europe in Q2, albeit with a low volume and aggregate value of deals by historical standards
Leonard Green-backed CPA merges with Clarivate in $6.8bn deal
Clarivate is anticipating adjusted revenues of $1.13-1.16bn and adjusted EBITDA of $395-420m for 2020
Programma 102 closes on €100m
VC will launch a new vehicle by the end of the year, with a тЌ100m target, to focus on complementary asset classes
Warburg Pincus, DTCP acquire Community Fibre
Olaf Swantee, the former CEO of EE, will join Community Fibre as executive chairman
Madison Dearborn acquires IPLP for C$981m
CDPQ, the companyтs largest shareholder, will retain 24.9% of shares through a subsidiary
Unquote Private Equity Podcast: Calling tech support
This week, the Unquote Podcast talks all things technology with Intuitus chief commercial officer Adrian Astley Jones
LDC in exclusive talks to acquire Excell – report
Excell Group provides bespoke managed communication services primarily for clients in the UK
OTPP leads $50m round for ComplyAdvantage
Index Ventures and Balderton Capital also take part in the funding round
D1, Lone Pine et al. invest $319m in Transferwise
Founded in 2011, TransferWise is a London-based international money transfer service
LDC backs £30m DoubleEdge, Foehn and Metaphor IT merger
Leadership team at the new group, which will be named Kerv, will be led by Alastair Mills as executive chairman
GCP exits DMW to Credera
DMW's management team, led by CEO Chris Dean, will continue in their current roles
Fortunis invests up to £15m in Sportside
Social app allows people to find sports players of a similar age, ability and geography
Eurazeo invests $33m in series-B for Thought Machine
Thought Machine reported an operating loss of ТЃ19.5m from turnover of ТЃ5.4m in 2018