UK / Ireland
17Capital promotes three to partner
David Wilson, Emad Shahin and Fokke Lucas join the firm's three existing managing partners
Civica owner Partners Group expected to retry sale this year
Sponsor has kept an open mind about options for the IT services group after calling off a Goldman Sachs-led auction last summer
Permira exits Althea to F2i and DWS
Deal will see the Italian group broken into two, with DWS owning the UK arm and F2i the Italian assets
AIB, Foresight launch SME Impact Fund with EUR 75m target
Fund has a EUR 30m commitment from AIB and expects to back its first Irish SMEs in Q3 2022
Trilantic to buy Kantar Public in carve-out deal
UK public policy advisory business will operate as an independent company following the carve-out from Bain Capital-backed Kantar Group
Graphite Capital explores YSC Consulting exit
William Blair is leading on the sale of the London-based provider of leadership strategy consulting and management assessment services
ECI sells Imagesound to Livingbridge for 2.6x money
The sale is the eight from ECI's 2015 vintage fund and the third from ECI 10
Ermitage Partners announces five new partners
Placement agent has made two new hires, including Tesi's Jan Sasse, as well as three internal promotions
Force Over Mass gears up for Fund V
UK-based VC to start fundraising for new EUR 150m vehicle in the summer, following full deployment of its fourth vehicle
Cipio holds EUR 202m final close for Fund VIII
Technology growth capital and primary buyout vehicle plans to make four to six deals per year
Nest mandates Schroders for PE strategy
Defined contribution workplace pension scheme is seeking exposure to growth and mid-market PE deals
Lonsdale acquires Todays Dental
Sponsor plans to add-on over 40 dental practices in England and Wales; CEO managed add-ons for two of Europe's largest dental groups
Bridgepoint sells HKA to PAI Partners
New owner plans to accelerate expansion of UK-based risk mitigation consultancy into adjacent areas via acquisitions
Phoenix sells 1000Heads to PE-backed Labelium
Phoenix Equity Partners has sold its stake in UK-based social media data and consultancy firm 1000Heads to France-headquartered Labelium, a portfolio company of Charterhouse Capital Partners.
LP Profile: Novo Ventures ready for steady deployment amid IPO lull
Danish biotech investor’s Naveed Siddiqi on opportunities arising from larger funding rounds and benefits of a two-pronged investment strategy
SwanCap closes fifth fund at EUR 420m
New vehicle will make primary, co-investment and secondary deals; close to 50% deployed
Ropes & Gray hires three PE-focused partners in London
Dan Oates, Simon Saitowitz, and Angela Becker join from Fried, Frank, Harris, Shriver & Jacobson
Force Over Mass leads GBP 115m round for Outfund
UK revenue-based lender also supported by PostFinance, 1818 Venture Capital and Tribe Capital in the fundraise
Inflexion explores sale of Automotive Transformation Group
UK-based automotive software solutions provider is expected to be marketed off GBP 15m in a sale led by Houlihan Lokey
Houlihan Lokey announces promotion in Manchester office
Adviser intends to expand in the region having made nine local hires
Bowmark announces promotions in management and origination teams
Stephen Delaney and Luca Mastrodonato have both worked across the technology teams
Elkstone Partners holds EUR 75m first close for start-up fund
Vehicle aims to reach EUR 100m hard-cap by November and will back up to 35 companies
Circularity Capital closes Fund II on extended EUR 215m hard-cap
New circular economy vehicle is 3x the size of predecessor with 80% of commitments from institutional investors
Cambridge Innovation Capital raises GBP 225m for Fund II
The VC firm's first closed-end fund will invest in Series A rounds of deep-tech and life science companies connected to Cambridge