UK / Ireland
General Atlantic leads $62m round for Depop
Transaction for the clothing marketplace app comes five months after H-Farm exited the business
YFM supports MBO of The Protein Works
GP's maiden institutionally backed fund is more than 70% deployed following the deal
Advent hits $17.5bn hard-cap for ninth fund
Close puts it just inside the top 10 for largest Europe-focused buyout funds ever
Preservation and BCI acquire BMS Group in £500m deal
Insurance brokerage group's management and staff will retain a significant minority stake
Exponent sells Loch Lomond to Hillhouse Capital
Sale ends a holding of five years for Exponent, which acquired the company using its second fund
Penta invests £11m in Cellpoint Mobile
Fresh capital will be used to expand Cellpoint’s team globally and develop the platform
Westbridge raises £140m for sophomore fund
Figure exceeds the vehicle's £100m hard-cap, though it includes commitments for co-investments
Sector specialisation taking hold in Europe
European private equity firms are sharpening their investment focus by restricting the number of sectors they target
Horizon's DMC Canotec acquires United Carlton
Deal is the first acquisition for the printing and document management firm under the GP's tenure
Battery leads $35m round for Matillion
Existing backers Sapphire, YFM and Scale also invest in the round for the cloud-based data software firm
Unquote Private Equity Podcast: Generation game
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses new generations working in private equity
Elaghmore acquires display screen provider Gardners
Deal is the sixth transaction made by the GP's debut fund, which typically writes cheques of £5-10m
BGF injects £10m into Extentia
Property services group is anticipating EBITDA of £16m for the year ending in June 2019
TCV et al. invest $175m in WorldRemit series-D
TCV, Accel and Leapfrog reinvest in London-based payment technology company WorldRemit
Duke Street backs MBO of Kent and Athlone from DCC
UK and Irish businesses will form the basis for a buy-and-build growth strategy
Revenue trumps earnings as PE mops up B2B SaaS firms
Private equity is helping to drive rapid consolidation in the B2B software-as-a-service market
Warburg Pincus, TA invest in Oakley-backed Inspired
Oakley Capital Private Equity Fund II sells down part of its stake in the company
Värde Partners invests in LDC-backed Equiom
Värde says it will support the company's diversification and expansion into new markets
BC-backed VetPartners buys Abbey Veterinary Centres
VetPartners has acquired four surgeries from Abbey while Emma and Ben Hynes retain ownership of one
LDC invests in Texthelp
Texthelp operates in Australia and the US, and has launched in the Middle East and in South America
Carlyle Cardinal Ireland Invests in The City Bin Co
The City Bin Co is the 11th investment from the Carlyle Cardinal Ireland fund
Silverfleet buys MFS for £51m
Trust and fiduciary services sector is well known to London-based Silverfleet Capital
Index Ventures leads $4m series-A for legal platform SeedLegals
Kima Ventures, The Family and previous backer Seedcamp also take part in the investment
Apposite promotes Cunynghame and hires Harper
UK-based healthcare-focused PE firm promotes Alex Cunynghame to investment manager
