UK / Ireland
Accel in $20m series-B for Humio
US-based Accel is currently investing from its London VI vehicle, which closed on $575m
Preservation Capital Partners Fund I holds first close
To date, PCP I has mainly institutional investors from both North America and Europe
Caledonia Private Capital hires Lazard's Corner
Corner joins Caledonia from Lazard's corporate finance division, where he worked for 16 years
BC, Vista-backed Advanced buys Tikit from BT Group
Advanced plans to consolidate its market position in the UK, while expanding its global footprint
PE-backed BMS acquires Jurado Mata
BMS's backers invested in the company in June 2019, in a deal that gave it an EV of ТЃ500m
August-backed Amtivo acquires Certification Europe for €6m
Based in Dublin and founded in 1999, Certification Europe has offices in the UK, Japan and Italy
Consortium backs £100m round for Cazoo
Online car buying marketplace was backed by investors including DMG Ventures and Eight Roads
Ardian-backed Celli buys T&J Installations
Celli plans to consolidate its market position in the UK and further expand internationally
Dunedin exits Kingsbridge
Kingsbridge was a Dunedin Buyout Fund III portfolio company, which closed on ТЃ300m in June 2013
UK holiday parks advised to close: Portfolios affected
British Holiday and Home Parks Association has advised its members to close all holiday parks
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Annual Buyout Review: European momentum likely to be hit hard
Unquote's lastest Annual Buyout Review is now available to download, offering in-depth statistical analysis of European buyout activity in 2019
KKR buys Viridor from Pennon in £4.2bn deal
Enterprise value of the company equates to 18.5x its adjusted 2018/19 EBITDA of ТЃ225.4m
Coronavirus and private equity
All our latest coverage on the ongoing coronavirus crisis, and its impact on the European PE industry
Viridor/KKR shows sponsor route to waste opportunities in Covid-19 market
Waste management, and particularly energy-from-waste, is fast becoming an area of heated dealflow
UK industry welcomes rescue package, but concerns remain
Package includes ТЃ330bn in loans, ТЃ20bn in other aid and a postponement of business rates
Secondaries buyers expect 30% volume drop over next two months - research
Five out of 37 buyers still appear opportunistic and expect activity to go up
Omers-backed ERM acquires MJ Bradley & Associates
GP in 2015 paid an enterprise value of $1.7bn to acquire ERM from Charterhouse Capital Partners
Baird Capital backs Aura Futures
Baird is currently investing from its maiden globally focused private equity fund, which closed on $310m
BGF leads £9m investment in Localised Group, Retail Services
As part of the deal, John Davison joins both companies as non-executive director
Axia buys insurance business Direct Gap
Gordons provides legal advice and Naylor Wintersgill provides financial due diligence services
CBPE sells SpaMedica to Nordic Capital-backed Ober Scharrer
Nordic Capital is currently investing from its ninth fund, Nordic Capital IX, which closed on тЌ4.3bn
ECI-backed IT Lab acquires Sol-Tec
Unquote understands ECI Partners provided no fresh equity for the acquisition of Sol-Tec
UK sees advisory boom amid PE market maturation
UK & Ireland sees an increase in the number of corporate finance firms participating in PE deals to more than 160