UK / Ireland
Charterhouse-backed Tarsus acquires Unfiltered Experience
GP's tenth fund acquired Tarsus in 2019 in a deal that valued its equity at £552m
LDC takes minority stake in Solid Solutions, BGF exits
Banking facilities for the deal have been provided by Muzinich & Co and Santander
Eso takes minority stake in Arcus
Second transaction completed from Eso's seventh institutional special opportunities fund
Squire Patton Boggs hires three in PE team
Squire Patton Boggs' UK private equity team is led by corporate partner Paul Mann
Mercer closes Private Investment Partners V on $2.7bn
PIP V consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
CBPE exits ABI Holiday Homes
For the year ending in August 2018, ABI reported operating profit of £15.5m from revenues of £117.8m
83North leads $21.5m round for FloLive
Dell Technologies Capital, Saban Ventures and Qualcomm Ventures also invested in the round
BCI invests in ClearMacro
BCI, a Canada-based LP direct investor, has made investments in several European companies
Eight Roads and Kennet in £11.5m round for Rimilia
Rimilia secured a new funding facility of £7m with Silicon Valley Bank in October 2019
Searchlight invests in Penta-backed GRP
Searchlight will take a majority stake, with other investors taking minority positions
2020 Outlook: Political change heralds UK buyout revival
Deal volume was down last year, but record-high value and a more settled political backdrop mean 2020 could be busy for the UK
Elysian acquires SCX Special Projects
GP plans to support the national and international growth of the engineering and architecture company
IPEM TV 2020: Advent's Johanna Barr on navigating fund pitches
Managing director and global co-head of limited partner services shares key takeaways from her panel
Stirling Square closes fourth fund on €950m
Fund targets buyouts in European mid-market companies with enterprise values of €50-500m
2019 in numbers: Full steam ahead
With the full statistics for 2019 deal activity and fundraising now compiled, Unquote explores last year's highlights and what 2020 may hold
Afinum sells Meridian to TDR Capital-backed David Lloyd
Sale ends a six-year holding period for Afinum, which bought Meridian via Eigenkapitalfonds Mittelstand fund
JF Lehman to acquire GMG
Deals values the subsea cables maintenance and installation services provider at $250m
Calculus exits Once Upon A Time in management buy-back
Tosca Debt Capital has provided a first lien facility to support the acquisition
IPEM TV 2020: Charterhouse Capital Partners' Gilles Collombin
Collombin discusses sourcing strategies and Charterhouse’s increased focus on co-investments
IPEM TV 2020: Jim Strang, Hamilton Lane talks private market trends
Strang talks performance of private equity versus public markets, capital overhang, and current challenges
Azini Capital sells ClusterSeven to Hg backed-Mitratech
Sale ends a five-year holding period for Azini, which acquired ClusterSeven via its $100m third fund
Smedvig leads $10m series-A for Yumpingo
Company plans to scale its one-minute instant review platform and launch Yumpingo Pay
GreyBella Capital to launch new fund by mid-2020
Fund targets series-A and -B rounds in companies operating in life sciences and complex technologies
