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UK / Ireland

Philip Weston of LDC
LDC hires Weston as investment director

Philip Weston joins from Kelso Asset Management, where he worked as a partner between 2002-2017

  • People
  • 16 November 2017
Occupational health
BGF injects £9.5m into Medigold

Fresh capital will enable the healthcare consultancy to bolt on Imass Group and Hampton Knight

  • Expansion
  • 16 November 2017
Man surveys the landscape at the edge of a cliff
Mid-market valuations at highest level ever in latest Argos index

Sharp increase in prices paid by strategic buyers push the median entry multiple to 9.5x

  • Investments
  • 16 November 2017
UK & Ireland Fundraising Report 2017 sponsored by Aztec Group
UK & Ireland Fundraising Report 2017

Proprietary statistics on the local fundraising market and insights from leading practitioners and LPs

  • UK / Ireland
  • 15 November 2017
Computer services and business enterprise software
Index Ventures takes part in $20m round for Behavox

Citigroup leads the funding round, alongside Hoxton Ventures and Promus Ventures

  • Expansion
  • 15 November 2017
Gareth Wilson of Palatine Private Equity
Palatine hires portfolio operations director

Gareth Wilson will be focused on improving the performance of portfolio companies

  • People
  • 15 November 2017
Travel agents and tourism
LDC reaps 3x return from sale of Atcore to Inflexion

Sale of reservation software developer brings to an end a three-and-a-half-year tenure for LDC

  • Exits
  • 15 November 2017
New appointment
Highland promotes former Photobox CEO Laurent to partner

Laurent will be responsible for identifying and investing in fast-growing internet companies

  • People
  • 14 November 2017
Insurtech services and software
Oxford leads £3m round for Wrisk

Insurance aggregation and administration platform will launch its mobile offering in 2018

  • Early-stage
  • 14 November 2017
Northern Europe is proving attractive in the mid-market
Technology: Europe's magnetic north

Mid-market deals in northern Europe are at the forefront of tech deal activity, with enterprise software and payment tech notable areas of attraction

  • Investments
  • 13 November 2017
Disability care and education
Synova sells Clearwater to Salutem

Divestment of care provider brings to an end an eight-year holding for the vendor

  • Exits
  • 13 November 2017
Marketing software and campaigns
BGF Ventures leads $10m series-A for Trouva

Additional investors include Index, Octopus, Playfair and Downing Ventures

  • Expansion
  • 13 November 2017
Industrial component millers and metalworkers
Aliter-backed Edwin James buys PEME

Aliter draws equity from its maiden £92m fund, Aliter Capital I, to finance the deal

  • Expansion
  • 13 November 2017
Road accident insurance and legal advice
BC-backed Sabre to raise £213m from IPO

Motor insurance underwriter announces its intention to float following a four-year holding

  • Exits
  • 13 November 2017
Electronics hardware manufacturers are vindicating their investors
Sequoia invests $50m in Graphcore

Fresh capital will be used to expand production capacity in Bristol and Palo Alto

  • Expansion
  • 13 November 2017
European secondary buyouts made between Q1-Q3
European SBOs reach record levels in first three quarters

Europe sees 202 secondary buyout deals between January and September, surpassing the peak of 200 seen in Q1-Q3 2007

  • Investments
  • 10 November 2017
Architects and construction consultants
LDC supports £16m SBO of Eque2 from Livingbridge

Construction admin software firm will acquire Miracle Dynamics Payroll and HR Solution

  • Buyouts
  • 10 November 2017
Coders and programming software
Atlantic Bridge finances €2m round for Aylien

Backers in the round include existing investors SOSV and Enterprise Ireland

  • Expansion
  • 10 November 2017
Britain has voted to leave the European Union
UK tech dealflow resilient despite spectre of Brexit

UK investments accounted for 28% of European tech dealflow in the first three quarters of 2017, with a flurry of fintech deals already seen in Q4

  • UK / Ireland
  • 09 November 2017
Pensions and investments
Livingbridge's Broadstone makes double bolt-on

Benefits and pensions consultancy acquires Mitchell Consulting and 2020 Trustees

  • Portfolio management
  • 09 November 2017
Timber merchants and builders' materials
Cairngorm secures majority stake in Thornbridge Sawmills

Deal is the first for the Cairngorm Capital II fund, which closed in April 2017

  • Buyouts
  • 09 November 2017
Nursing homes
Terra Firma to walk away from Four Seasons

Creditor H/2 Capital had originally proposed that the GP retain an 11% stake in the business

  • UK / Ireland
  • 09 November 2017
Womens fashion
3i sells Hobbs to Foschini after 13-year holding

GP originally acquired the womenswear retailer from Equistone in a £111m EV deal in 2004

  • Exits
  • 08 November 2017
Holiday homes and hotels
DN Capital in $15m series-B for Hostmaker

Thailand-based property developer Sansiri and Hong-Kong-based Gaw Capital lead the round

  • Expansion
  • 08 November 2017
184 185 186
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