UK / Ireland
ICG appoints new head of European secondaries
Blossier will work with head of PE funds Oliver Gardey to build out the platform in Europe
Bridgepoint-backed Qualitest acquires AlgoTrace
Founded in 2015, AlgoTrace is based in Petach Tikva, Israel, and employs eight people
PAI-backed Froneri buys Nestlé US ice cream business for $4bn
NestlУЉ will continue to manage its remaining ice cream operations in Canada, Latin America and Asia
Ada holds first close on £27m
Ada Ventures' founding partners, Francesca Warner and Matt Penneycard, met at Downing Ventures
MJ Hudson lists in £97m London IPO
Multi-service advisory firm raises ТЃ31.4m from new and existing investors
FSN sells Fitness Word to Pure Gym
Buyer has been owned by US buyout house Leonard Green & Partners since late 2017
Accel leads $11m series-A for Tines
Deal is an extension of the $4.1m series-A funding round led by Blossom Capital in October 2019
Souter takes majority stake in Stone restructuring
Several LPs in RJD's fund have reinvested in the new vehicle, including the RJD partners themselves
Acorn Growth buys Aerospares 2000
Company's founder, Adam Nemenyi, will remain CEO and retain a significant minority stake in the business
IAG's Martin Scott joins Sanne
Scott, who was previously director of IAG's PE business, is now head of Guernsey at Sanne
Horizon acquires Ascent and TechHuddle for £30m
Horizon expects to merge the two IT services providers to create a business with 300 developers
Paine Schwartz invests in Warburton
Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014
Unquote Private Equity Podcast: Taking stock
Listen to the latest episode of the Unquote Private Equity Podcast, dedicated to the resurgence of take-privates
Equistone-backed WHP Telecoms acquires Sitec
Equistone acquired WHP from Palatine Private Equity in March 2018, drawing equity from Equistone VI
NorthEdge sells DHG to ArchiMed for 3x return
During NorthEdge's holding period, the company made bolt-ons such as Nightingale, Kirton and Qbitus
NVM invests £11.6m in King Construction
NVM drew equity from its third-generation fund, which closed on ТЃ142m in November 2018
Livingbridge appoints two investment managers
Mihir Patel and Joseph Evans join the mid-market GP's London team
EIP hires Moosa for Europe expansion
US-based EIP hires VT's Nazo Moosa to work alongside Matthias Dill at EIP Europe
Private wealth to increase allocation to private equity
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
WestBridge invests £12.8m in Aptus Utilities
Aptus Utilities has also received financing from OakNorth Bank as part of this transaction
VCs in £7m round for Perlego
Perlego offers access to online textbooks for a subscription fee of ТЃ12 per month
Idinvest leads $50m round for Ogury
Idinvest is currently investing from its тЌ350m vehicle, which held a final close in October 2019
Exponent acquires KPMG pensions advisory
In November 2018, KPMG announced it would no longer provide consultancy work for its audit clients
Mobeus invests £4m in IPV
Calculus Capital invested тЌ2.5m in the media management software provider in 2015