UK / Ireland
Sequoia-backed Charlotte Tilbury close to $1bn sale – report
Makeup producer and distributor generated around ТЃ200m in revenues for 2019
Video: Coller's Francois Aguerre on PE's reasons to be cheerful
In the third of Unquote's Lockdown series, Francois Aguerre discusses how long-term secondaries prospects are still strong despite the turmoil
Goldman Sachs and THCP invest £16.5m in Hunter Boots
Wellingtons manufacturer mandated AlixPartners to sell a stake in the business in March 2020
Sovereign backs Acolin MBO
Spencer House provided corporate finance advice on the acquisition of the fund adminstrator
Horizon-backed Juniper bolts on Pupil Asset
Fourth acquisition the education platform has made since Horizon's initial investment
Ardian closes eighth secondaries mega-fund on $19bn
ASF VIII intends to provide the necessary liquidity to investors amid the global Covid-19 pandemic
Q&A: Pemberton's UK head Eric Capp on direct lending's future
Private debt professional Eric Capp discusses his long-term view of the direct lending landscape
RCP sells Zoggs to Head
Zoggs was a Risk Capital Partners II portfolio company; the vehicle held a final close in 2009 on ТЃ75m
Guernsey Finance launches green PE principles
Four key principles to mitigate climate change at every investment stage and within GP boards
Inflexion sells Glide to Alinda Capital for 3x money
Inflexion is said to be making a 3x money return on the sale of the fibre networks provider
Warburg Pincus invests >£250m in S&W merger with Permira's Tilney
Despite changes in the capital structure, the merger's ТЃ1.8bn price tag will remain the same
IK closes ninth-generation fund on €2.85bn
IK VIII held a final close in November 2016 with тЌ1.85bn and was 87% deployed as of December 2019
Guru buys ETX from JRJ
JRJ began exploring a sale process for CFD brokerage in 2017, when it mandated RBC
Sovereign appoints Rossetti to investment team
Rossetti previously worked at Morgenthaler Private Equity and Incline Equity Partners
Perwyn invests in $40m series-B for Decibel
Perwyn is an evergreen multi-family office that takes lead positions in funding rounds
Coller leads $829m GP-led secondary deal for Permira IV
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
Groupe BPCE leads €8.5m round for Meniga
Existing investors Velocity Capital, Industrifonden and Frumtak also participate
KKR commits $1bn for GTR formation
Investment will be supported by $1.5bn in debt financing for a buy-and-build startegy
Spectrum Equity IX hits $1.5bn hard-cap
Fund targets investments in internet-enabled software and information service companies
GP Bullhound invests in Busuu
Investment is drawn from GP Bullhound Fund IV, which closed on тЌ113m in June 2019
Unquote Private Equity Podcast: Back for secondaries
When activity begins again, will LPs be willing to take a pricing hit? And where will buyer and seller expectations meet?
Aquiline Capital closes fourth fund on $2bn
Fund invests in North American and European businesses operating across the financial services sector
Morgan Lewis poaches funds team from Morrison & Foerster
Team includes partners Oliver Rochman and Rob Mailer, and two associates
IP Group-backed Oxford Nanopore raises £48.4m
Nanopore announced last week that it has a new category of Covid-19 test in advanced development