UK / Ireland
Passion Capital in £1.5m round for Prowler.io
Funding will be used to build a prototype version of Prowler.io's platform
Squire hires Siddiqui as partner
Siddiqui joins the firm from Trowers & Hamlins, where he was corporate partner for one year
Mayfair closes maiden fund on £400m
GP was founded by the former head of LDC's London office, Daniel Sasaki, in 2014
Lyceum makes six new hires
UK mid-market GP has appointed two directors, alongside four other new recruits
Pemberton launches £500m UK direct lending fund
New vehicle has received the backing of two LPs including Legal & General
UK healthcare market still fighting fit post-Brexit
Momentous changes in the UK's healthcare provision space and the potential for growth in related subsectors present opportunities for private equity
Northstar et al. inject £1.1m into Screach
Pub-focused video marketing and IT company to expand its services into new sectors
Albion acquires Close Brothers' OLIM
Firm is looking to diversify its activities in the aftermath of changes to VCT regulations
NorthEdge promotes Pickering to head of Manchester office
Pickering will oversee investment operations in the north-west and lead a six-person team
Ardian's Solina acquires New Ivory
GP acquired a majority stake in French ingredients producer Solina in 2015
Eaton hires D'Angelo as head of Europe
New managing director is based at Eaton Partners' London office
British Business Bank supports Active's ECF with £24m
GP is targeting £40m to invest in UK founder-led early-stage companies
Calculus nets 1.8x on Metropolitan Safe Deposits exit
GP exits London-based business four years after investing at 6.32 pence per share
Imperial Innovations et al. in £25m series-A for Artios
Investment funds the spinout of the biotech business from Cancer Research UK
BDC divests Beck & Pollitzer to Graphite
Deal marks the fifth consecutive period under PE ownership for the machinery installation company
Maven invests £3.1m in Hotel Indigo
Funding for the project includes £1.6m of equity from a syndicate of investors
Inflexion acquires IMD from Vitruvian
Video advertising business has expanded via an international acquisitive strategy
Lyceum’s Bellrock in bolt-on streak
GP's portfolio company has completed five bolt-on acquisitions in the past three months
HIG promotes Mundassery to head of European direct lending
Promotion comes seven years after Mundassery joined the firm from Highland Capital Management
NVM invests £2m in Channel Mum
Fresh capital will enable the parental video platform to invest in programming and marketing
RCapital exits Summit in trade sale
Summit claims it has seen a 370% growth in profit since RCapital's investment
European entry multiples rebound in Q2
Following a dip in Q1, multiples for European PE-backed buyouts have returned to 2015 levels
Avoiding healthcare controversy and seeking new opportunities
As GPs shy away from investment in healthcare provision, new opportunities are presenting themselves in other medically related sub-sectors
Exponent acquires The Racing Post in SBO from FL Partners
Deal for the publishing company marks the end of a nine-year holding period for the vendor