UK / Ireland
AnaCap promotes three to partner in London
Edward Green, Nassim Cherchali and Tassilo Arnhold will also be appointed to AnaCap's investment committees as voting members
Revolut raises $80m in series-D extension
FinTech company has reportedly raised $983m in total funding
VC Profile: Edge Investments
As the firm begins raising its second fund, chief IR officer David Fisher discusses the current portfolio, LP sentiment and the creative economy
PE exits hit decade low in Q2
Volume of exits by PE players across Europe fell by 43% year-on-year in Q2 2020 as the coronavirus crisis took hold, according to Unquote Data
Evolution leads $64.7m round for Quantexa
New backers British Patient Capital and ABN Amro Ventures join existing investor Accenture Ventures
Global Founders, Picus invest in £12m round in Selina
Global Founders Capital closed its most recent fund on тЌ150m in March 2013, according to Unquote Data
Capza exits as Towerbook invests in Talan
With the fresh capital, the company will explore organic growth and strategic acquisitions
PE secondaries volume cut by more than half in H1 - survey
Private debt fund secondaries were hit even harder with an 81.8% plunge, Setter says
One Peak closes second growth fund on €443m
One Peak generally invests тЌ5-30m per business in companies with run-rate revenues of at least тЌ5m
Nuveen Global Impact Fund holds $150m first close
Fund invests in growth-stage companies in developed and emerging markets, with a focus on resource efficiency
Cadman's Backs Enterprises acquires Norpol, Burbridge
Louth-based companies are specialist operators in the printing and packaging sector
Apax VIII and Apax IX post higher valuations than Q4 2019
Both funds have valuations of more than 14% higher compared with valuations in March 2020
Virtual Briefing: ESG and rebalancing through secondaries
Palico's Woolston Commons, Cambridge Associates' Varco and Unigestion's Newsome discuss whether the current crisis will lead to an ESG rethink
Bestport sells Oracle for 3.3x return
Oracle Residential has 11 children's homes across Bedfordshire, Cheshire and Staffordshire
BGF-backed Xercise4Less prepares for administration
Gym chain recorded losses of ТЃ10.4m on ТЃ40m revenues in the most recently available accounting year
LDC invests in Aker
Tom Burnet, currently a non-executive director for BMO Private Equity Trust, will join Aker Systems
Campbell Lutyens promotes Patel to partner
Placement agent has also promoted Vincent Ragosta to principal in its New York office
UK fundraising update: pausing for breath
A number of GPs that closed more than three years ago have delayed fresh fundraises, or have altogether decided to explore new options
Planet First Partners acquires stake in Polymateria for €16.5m
Polymateria is expected to reach sales of тЌ33m in 2021, according to a report
TowerBrook acquires Azzurri in £70m deal
Azzurri owns the ASK Italian, Zizzi and Coco di Mama chains and is based in London
Bridgepoint in talks to acquire WSL
Twelve member clubs of WSL, including Manchester City, Arsenal and Chelsea, would also take stakes
CGE acquires Enhesa in debut deal
Founded in 2001, Enhesa is an environmental, health and safety compliance intelligence platform
Newlands, Hermes GPE invest in Capsule
Manchester-based Capsule generates 60% of its sales outside the UK, including 20% in the US
Target Global et al. co-lead £20.5m round for Drover
Target Global is currently investing from is Target Global Early Stage Fund II, which closed on тЌ120m