UK / Ireland
Cairngorm acquires NYTimber to merge with Thornbridge
Bolt-on of the timber merchant comes three month's after the GP's initial investment
European PE in 2017: Scaling new heights
Buyout activity and fundraising reached a new peak in 2017, with mega-buyouts and small-cap deals fueling dealflow and French funds popular among LPs
Lloyds terminates Standard Life Aberdeen's management mandate
Development is a result of Aberdeen's merger with Scottish Widows competitor Standard Life
Imbiba holds final close on £50m hard-cap
New vehicle will target investments in UK-based leisure and hospitality businesses
BGF opens Welsh office
Announcement comes one week after the GP announced it is to open a Belfast office
Pollen Street closes third fund on £400m
Financial-services-dedicated vehicle has already deployed 53% of its available capital
MML invests in Travel Department
Deal reportedly sees the GP invest €12m for a majority stake in the tour operator
Hg promotes five to partner
Batchelor is also promoted to COO while GSK's Ruter is hired as head of responsible investing
Bridgepoint acquires US-based Safety Technology Holdings
Industrial sensors and safety equipment group consists of two US companies and two European firms
NorthEdge invests in Platinum Stairlifts
Stairlift designer and manufacturer will look to expand its international distribution network
LP consortium to seed six PE firms for $1bn
Reports cite research director Ashby Monk speaking to CalSTRS' investment committee
Simmons' ICG bolts on Step Change Engineering
Acquisition of the UK-based oil and gas services company is the second bolt-on for the group
Bowmark acquires Ask4 from Darwin
Deal ends a four-year holding period for Darwin, after acquiring the wifi provider in May 2014
Q4 Barometer: Deal volume and aggregate value slide
Despite a boom in both dealflow and aggregate value across 2017 as a whole, the final quarter of the year saw a slowdown in activity
Inflexion, CVC funds trading above NAV, says secondaries marketplace
Inflexion's 2010-vintage buyout fund is trading at nearly a quarter above NAV, according to Palico
Atlantic Bridge backs €3m seed round for Siren
Atlantic Bridge draws capital from its €60m vehicle, Atlantic Bridge University Fund
ETF leads £70m funding round for E-Leather
Hermes GPE also takes part in the financing round for the composite leather manufacturer
Exponent acquires $400m CEB Talent from Gartner
Deal values the Thames Ditton-based HR assessment business at 10.5x its 2017 EBITDA
NVM makes first deal from maiden LP-backed fund with Dale MBO
GP's first institutionally backed fund has held a first close and has a target of £150m
Calculus Capital invests £3m in Open Energy Markets
UK firm intends to strengthen its sales team and enter the US with the fresh capital
YFM's Gill Marine bolts on Gill North America
Acquisition of the US-based licensee will increase the consolidated group's turnover to £20m
Inflexion-backed Ocorian bolts on Abax Holding
Deal is the fourth acquisition by the Channel Islands-based company in six months
TPG to exit Vita Group
TPG took the company private in 2005, drawing equity from its $5.3bn TPG Partners IV fund
CalSTRS looks to widen co-investment and direct investing
US LP, worth $224.8bn, is consulting on setting up direct investment capabilities