UK / Ireland
HIG hires Jain as managing director
HIG launched its European Capital Partners III fund in July 2020, with a target of €830m
Inflexion promotes Richards, Edmans to senior partner
Chris Wright has also been hired as a partner in Inflexion's Manchester office
FIEE holds €127.5m first close for second fund
Fund targets the energy efficiency, renewables, lighting, co-generation, pollution control and smart city sectors
Squire Patton Boggs hires Eversheds' Milne
In 2020, Squire PB's corporate practice team also saw the arrival in London of partners Squires and Leeming
Mobeus invests £7m in series-B for Buster + Punch
In 2017, Mobeus Equity provided Buster + Punch with £2.9m in growth capital financing
Elaghmore acquires Blaze Signs from Mobeus
Arbuthnot Latham in Leeds supported Elaghmore, providing acquisition and working capital facilities
Piper invests £11.5m in Wattbike
Investment is intended to help the business grow in the UK, and expand in the US and Asia
British Business Investments commits €75m to Isomer II
Isomer II will be targeted at early-stage venture capital managers across Europe
BGF invests £15m in Yorkshire Wildlife Park
Yorkshire Wildlife Park is part of Wild Life Group, which generated revenues of £12.9m in 2018
BlackRock-backed THG to launch £920m IPO
Following the listing, the online retailer will have a free float of at least 20%
Muzinich Pan-European Private Debt II holds €210m first close
Fund provides capital to lower-mid-market companies to fuel their growth and finance their expansion strategy
Access holds first close for co-investment fund on €300m
At first close, the co-investment fund has five or six existing, institutional investors as LPs
Limerston buys Forensic Access, Axiom International
Management and founders will retain a significant minority shareholding as part of the transaction
Unquote Private Equity Podcast: H2 Preview
The Unquote Podcast gathers the whole team this week to go over H1 statistics, look at early recovery signs and share insights from across Europe
Phoenix acquires Spy Alarms
Phoenix invests alongside founder and CEO, Tom Howard, who is reinvesting in the company
Beechbrook to close Ireland Fund in Q4, credit fund in 2021
Beechbrook is also looking to raise its next flagship vehicle, Beechbrook Private Debt IV
Upfront, IA Ventures leads $15.1m series-A in InfoSum
Funding will be used to accelerate InfoSum's expansion across North America and Europe
Travers Smith poaches Simon Witney from Debevoise & Plimpton
Witney joins Travers Smith from Debevoise & Plimpton, where he has worked since 2017
Multiples Heatmap: pricing ticks up as GPs flock to safe assets
Although dealflow was severely impacted by Covid-19 in Q2, average entry multiples actually went up given the scarcity of attractive opportunities
TA Associates rehires Mahadevan
Benjamin Bold and Daniel Gold also rejoin as vice-presidents in the firm's Boston office
RCapital to acquire Archant through CVA
Archant's board says several options including a sale had been explored but a CVA was the best outcome
Piper sells Forthglade to IK
IK is currently investing from its IX fund, which closed on €2.85bn in May 2020
BDC exits BigHand to Levine Leichtman
Los Angeles-based Levine Leichtman is currently investing from its sixth-generation fund
Talis makes three promotions
Beatrice Aliprandi and Kirill Tasilov have both taken the role of principal
