UK / Ireland
Maven leads round for Intilery
Founded in 2012 and based in Chester, Intilery offers a real-time omnichannel CRM platform
Half of GPs prepared to hire based on video interviews - survey
Survey conducted by PER shows that 52% of participants could make offers from video interviews
Hg promotes Sanow to partner
Sanow has been involved in the Hg 6, Hg 7, Hg 8, Saturn, Mercury 1 and Mercury 2 fundraisings
UK government extends lifeline to PE assets, but obstacles remain
Clarification for CBILS is deemed helpful, but concerns linger for the Coronavirus Large Business Interruption Loan Scheme (CLBILS)
Market braces for 12.6% drop in valuations by Q2 – report
NAVs expected to drop for Q1, with a steeper mark-down for Q2 as the crisis take its toll
Mayfair announces five promotions
Mayfair has promoted its portfolio director Paul Reading to the position of managing director
Oakley hires Kienwald on legal team
Kienwald joins Oakley's legal team from his position as associate at Simpson Thacher & Bartlett
Ubon portfolio companies Vaion and Jazz Networks merge
Following the merger, the combined company т now named Ava т will consolidate its offering
Foresight sells Clubhouse Golf to Afinum-backed All4Golf
Clubhouse is the first exit for Foresight Regional Investment fund, which closed on ТЃ58m in 2016
BC Partners hires Adia's Heberling
Heberling joins from the Abu Dhabi Investment Authority, where he was a senior member of the private equity team
Maven invests £2.5m in Precursive
All-equity investment will go towards a growth strategy in both the UK and the US
Inflexion-backed Ocorian acquires Allegro
Luxembourg-based Allegro is Ocorian's first acquisition since its merger with Estera
Unquote Private Equity Podcast: Fund financing in a fix
The Unquote team looks at how PE managers are turning to fund financing in a bid to shore up their portfolios
Aurelius hires three
Sharp, Kanga and Rajani will all report to Aurelius's UK managing director, Tristan Nagler
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
CVC delays £300m Six Nations investment – report
In February 2020, the Financial Times reported the firm was expected to acquire a 14% stake for ТЃ300m
UK small-cap GPs look to build on growth amid Covid-19 turmoil
How pricing in the smaller PE segment will be affected by the coronavirus crisis is not yet clear
LGC acquire 36% stake in Kensa
Truro-based Kensa is a ground source heat pump manufacturer and installation company
Perwyn, BGF, MMC in £33m round for Gousto
Round brings the total funds raised by Gousto in the last eight years to more than ТЃ130m
Onex acquires ICS, Towerbrook reinvests
Towerbrook appointed Bank of America Merrill Lynch to run the process in September 2019
Terra Firma appoints Ahuja as CEO
Terra Firma is currently investing from its Special Opportunities Fund II, which closed on ТЃ500m
KKR expects lower valuations for its portfolios due to Covid-19
GP forecasts that emergency restrictions will challenge its ability to market new funds and strategies
TPG leads $100m round for Onfido
TPG is currently investing from its $3.7bn TPG Growth Fund IV, which closed in December 2017
Wavecrest and Beringea lead $29m round for Edited
Wavecrest is currently investing from its debut fund, which closed on $190m in March 2019