UK / Ireland
Terra Firma looking to raise $3.4bn fund
Vehicle will be the first institutionally-backed fund raised by the GP in 10 years
Sovereign's Arachas to acquire Capital Cover
Deal is the first bolt-on for the insurance brokerage firm since the GP backed its MBO in February
Mobeus promotes three
Trio of promotions follows the closing of Mobeus's first institutional fund
Core Capital sells AlliedPRA to CI Capital
Deals brings to an end an eight-year holding period in which the company sold its European arm
Beringea leads £1.75m series-A for DeepCrawl
Funding will be used primarily to scale up the operations of the data analytics firm
Livingbridge appoints Stanford as associate director
Susie Stanford leaves her position of investment manager at Lewis Trust Group to join the GP
Calculus invests £2m in Origin Broadband
Deal comes just seven months after the firm invested £3m in the fibre-optic broadband provider
AAC fully exits Strix via £190m IPO
Listing of kettle component manufacturer brings to an end a 12-year holding period for the GP
Q2 Barometer: Aggregate PE deal value reaches 10-year peak
Deal numbers climbed for the second consecutive quarter, boosted by buyouts and growth capital deals
Rubicon in exclusivity over John Lawrie acquisition
Proposed deal for metal recycling business is reportedly based on an EBITDA figure of £10-12m
Dunedin reaps 2.8x multiple on Blackrock PM sale
GP has fully exited the business after a holding period of two years and four months
Disruptive Capital sells Gentoo for an expected 15x return
Sale is expected to complete in Q4 2017, following regulatory approval
BGF invests £7m in Netcall for MatsSoft acquisition
BGF's investment is in the form of a loan note with annual interest of 8.5%
Blackstone and CVC to buy PaySafe in £2.96bn deal
Transaction would value equity in the digital payments company at around 13x its 2016 EBITDA
Calculus leads £3.5m funding round for Cornerstone
Online shaving products supplier has secured £8m to date since its launch in 2014
Goodwin promotes Luxembourg specialist in London funds practice
Alexandrine Armstrong-Cerfontaine joins Goodwin’s PE and funds practice as a partner in London
Equistone-backed TOM Vehicle Rental acquires Transflex
Deal is the first bolt-on by TOM since Equistone invested in the company in December last year
Mobeus holds £166m final close for maiden LP-backed fund
Buyout vehicle is already 20% deployed across four transactions, with another deal in due diligence
Blackstone-backed Cloudreach bolts on Cloudamize
Deal is the first acquisition by the cloud service provider under the GP's tenure
Vitruvian sells Jac Travel in £200m trade sale
GP backed the hotel accommodation wholesaler's SBO from Bowmark Capital in June 2014
Bridgepoint acquires Miller Homes from GSO in £655m deal
Under the vendor's tenure, the business disposed of its heavy construction and mining divisions
BGF's Adept bolts on Atomwide
Extra investment comes in the form of a £7.3m convertible loan note with some additional debt
MMC-backed Love Home Swap sold to Wyndham for £40m
Sale of home-swapping platform brings to an end a five-and-a-half-year holding period
Riverside's Fadata bolts-on Impeo
UK-based software developer sets foot in the DACH region with IT consulting business purchase