UK / Ireland
Ex-Investec James Stirling joins Westbrooke's debt fund
Stirling spent 14 years at Investec, most notably as head of growth and acquisition finance
Former-Carlyle team holds €115m close for debut Melior fund
Unquote understands the fund has been garnering interest from investors from both Europe and North America
Panakes to launch €120m second fund within months
VC expects to start raising capital by the end of the year and hold a first close in H1 2021
VC-backed WorldRemit acquires Sendwave
Acquisition is a cash and stock transaction that is expected to close in Q4 2020
CR-CP leads $44m series-C for ReViral
Investors participating include Andera Partners, Brace Pharma Capital and Green Sands Equity
Private Equity Pitch: Funds exposed to UK consumer services providers
Unquote and Mergermarket look at individual funds' exposure to UK businesses in the consumer services space
PE-backed Kaseya acquires Graphus
Insight Partners first invested in Kaseya in June 2013 and is the majority shareholder in the company
Limerston-backed CHA acquires Trinity Homecare
In March 2020, Limerston acquired introductory care agencies Patricia Whites and Country Cousins
Aliter invests in Temple Grange Partners
Aliter is currently investing from its debut fund, which closed on £92m in February 2017
LDC-backed Babble acquires CMT
Acquisition is expected to bolster Babble's cloud services offering across the UK
Williams Grand Prix to sell WGPE to Dorilton for €152m
New York-based Dorilton Capital invests in companies with EBITDA of $4-25m
The Craftory invests $20m in Present Life
Present Life intends to use the funds to invest in product development and customer acquisition
Q2 Barometer: Coronavirus ravages European M&A market
After the first effects of the Covid-19 crisis were felt in March, the European private equity market decelerated sharply in Q2
DIF invests £25m in 4th Utility
Fresh capital will go towards installing more fibre broadband across the UK
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
HSBC Vision Private Equity 2020 closes on $260m
Fund targets a variety of private equity opportunities, from primaries and secondaries to direct co-investments
OakNorth Bank provides fund facility to Bluegem
Key investors include Glendower Capital, Blackstone's Strategic Partners and BMO Global Asset Management
Capital D to launch next fund in Q4
Capital D is investing from a fund and its side vehicle, which closed on €100m in October 2018
Hg sells Citation to KKR
KKR will also be investing from its Global Impact Fund, which closed on $1.3bn
Baird Capital acquires eCube
Baird Capital's James Benfield and Andrew Dyer will join the eCube board of directors
VCs in £33m round for Form3
Lloyds Banking Group and Nationwide contributed to the funding round as new investors
Tencent buys minority interest in Goldman Sachs-backed Voodoo
Voodoo CEO Alexandre Yazdi will retain majority ownership of the gaming company
PE-backed Ardonagh acquires Thames Underwriting
Thames will join Ardonagh's suite of MGA brands and will operate within Geo Specialty Group
Notion leads €7m series-A for Claimsforce
Notion had been in discussions with the Claimsforce management team since Q1 2019
