UK / Ireland
Capdesia acquires minority stake in Wasabi
Deal marks the inaugural European investment for the recently launched fund manager
Q1 Barometer: Price mismatch knocks dealflow
European buyout activity fell to its lowest point since Q1 2016 in the first quarter of 2019, but a large-cap rebound bolstered aggregate value
Tikehau Capital backs Medtrade
GP backs Medtrade, a developer of medical device products, via Growth Equity II fund
PAI-backed Froneri buys Tip Top in $380m deal
PAI and Nestlé acquired stakes in Froneri in a deal valuing the business at €850m in 2016
Softbank invests $800m in Greensill
Transaction reportedly values the UK-based supply chain finance company at around £3bn
BC sells Acuris to Ion
Sale of Unquote's parent group brings to an end a six-year holding period for BC
ICG hires Cerberus's Ross as managing director
GP says it is positioning itself for future opportunities as the economic cycle reaches maturity
Mobeus reaps 5.6x on Plastic Surgeon sale to Triton's Polygon
Deals brings an end to an 11-year tenure of the UK-based hard surface repair company
BC and GIC close to Acuris sale to Ion
Deal reportedly values Unquote's parent company, which generated £75m in EBITDA in 2018, at £1-1.2bn
LeapFrog raises $700m Emerging Markets Fund III
Prudential Financial, Overseas Private Investment Corporation and IFC acted as lead investors
Inflexion sells Vivona to Webster Equity Partners
US-based acquirer is currently investing from its $875m fund, which targets deals with EVs of $25-150m
Apollo's Watches of Switzerland announces intention to float
Earlier reports suggested the IPO could value the luxury watch retail group at up to £800m
Graphite's ICR acquires MMC-backed Sky-Futures
Deal for the drone inspection company brings to an end a three-year holding period for MMC
Active and Gresham House in funding round for TravelLocal
Online holiday-booking platform will invest in its international marketing activity
Livingbridge hires PwC's McGee as investment manager
Healthcare and technology specialist leaves his role as manager on PwC's corporate finance team
European direct lending up 9% but turbocharged growth wanes
Rate of growth in alternative debt deals slows from 32% in 2017, according to Deloitte's Alternative Lender Deal Tracker
Bowmark-backed Instant bolts on Incendium
Deal comes 11 months after the GP acquired Instant from MML Capital Partners and management
TPG, Insight in $500m round for Kaseya
Funding round will support the acquisition of ID Agent and reportedly values Kaseya at $1.75bn
Unquote Private Equity Podcast: Karmic balance sheets
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses recent developments in the impact investment space
BC-backed VetPartners acquires Clyde Veterinary Group
Bolt-on comes nine months after the GP bought VetPartners in a deal reportedly worth around £700m
Insight and DST lead $230m series-A for Checkout.com
GIC, Blossom, Endeavour Catalyst and others also took part in the round for the e-payments firm
Aquiline-backed ClearCourse acquires Crafty Clicks
Since October 2018, ClearCourse has acquired six other firms with Aquiline's backing
Apollo's Watches of Switzerland mulls IPO
UK-based luxury watch retail group could reportedly have a market cap of up to £800m
PE-backed Walkers Transport buys MTH Express Services
Enlarged UK-based Walkers Transport group will generate a combined turnover of £48m