UK / Ireland
Amadeus leads $3m round for V7 Labs
Round also sees participation from Partech, Air Street Capital and Miele Venture Capital
BVP leads €2.1m round for FoodMarble
Company is looking to further its US activity following the fresh funding
VC-backed Cazoo acquires Target Global-backed Drover
Cazoo generates revenue of £150m and has a valuation of more than £2bn
29% of LPs have decreased interest in emerging managers – survey
Placement agent Eaton Partners’ latest LP Pulse Survey collected responses from 61 LPs globally
Toscafund, Penta to acquire TalkTalk for £1.1bn
Consortium offered 97 pence per share, a premium of 16.4% on the unaffected share price of 83.3 pence
LDC exits Texthelp, Five Arrows invests
LDC was seeking around five potential sponsors in October 2020, one of which was ECI Partners
Ontario Teachers' hires Nick Jansa from Deutsche Bank
Jansa joins from Deutsche Bank, where he spent more than 24 years
Silversmith invests $60m in Microblink
General partner Sri Rao has joined the company's board of directors as part of the investment
Northstar invests in Vectair
Mobeus sold the business for an 8.3x return to Oxbow and Arcspring in December 2020
Unquote Private Equity Podcast: UK & Ireland 2020 Review
Early figures highlight how a 2008-style meltdown was averted in 2020, both in terms of deal-doing and fundraising
AlpInvest closes seventh secondaries fund on $9bn
ASP VII is a dedicated secondaries investment programme focused on fund interests and GP-centered investments
Mobeus backs £9.5m ABL1Touch buyout
Management team will be joined by Bill Duffy, previously of Nationwide Autocentres
AnaCap acquires Novia
Total equity in the business was worth £26.7m as of April 2020, according to Companies House
Maven buys Envitia for £17m
Envitia, a geospatial technology provider, reported £6m in revenues and £998,000 in EBITDA in 2019
Twenty20 appoints Folwell-Davies
Folwell-Davies joins from Deloitte where she led the firm's human capital services M&A practice
Download the December 2020 issue of Unquote
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Montagu acquires Capita's ESS, invests in ParentPay
Completion of the ESS sale is subject to approval from Capita's shareholders
WestBridge buys Eque2 for £46.5m from LDC
Between 2017 and 2020, the business increased revenues by 29% and EBITDA by 85%, according to a statement
Bridges establishes office in Manchester, hires Braham
Bridges has backed several businesses in the North, including GEV and the Ethical Housing Company
Waterland VIII holds final close on €2.5bn hard-cap
Three-month fundraising process was conducted entirely remotely, the GP said in a statement
Rockpool invests in Xiatech
Martin Moran joined Xiatech’s board at completion of the deal as chairman
Cabot Square sells Asset Alliance for £4.1m
Asset Alliance's debt, including a £140m RCF, will be refinanced by the acquirer following completion
Octopus, BGF lead $24m round for Orbex
Existing investors High-Tech Gründerfonds, Heartcore Capital and Elecnor also participated
ECI sells Arkessa to trade for 2.1x return
Arkessa was held in ECI Partners' 10th fund, which closed on £500m in 2014
