UK / Ireland
Hogan Lovells promotes Whelan to PE co-head
Hogan Lovells has appointed London partner Tom Whelan as global co-head of private equity.
StreetHub raises $1.2m seed round
Index Ventures and Octopus Ventures have led a $1.2m seed funding round for StreetHub, an online platform for independent retailers.
Kurtosys secures $8m
London-based Kurtosys, a financial technology (fintech) software company, has raised $8m in its series-C funding round from Triangle Peak Partners and existing backer True Ventures.
BGF invests £4m in Palmer Hargreaves
The Business Growth Fund has invested £4m in Midlands-based marketing and communication agency Palmer Hargreaves.
Westbridge Capital reaps 3x on Mobile Computing Systems
Westbridge Capital has sold its stake in software business Mobile Computing Systems (MCS), generating a 3x money multiple.
Neil Woodford to join Oakley Capital
High-profile fund manager Neil Woodford is set to join London-based private equity and asset management business Oakley Capital.
BGF injects £6m into Medicina
The Business Growth Fund (BGF) has invested £6m in Bolton-based medical devices company Medicina.
Sovereign’s Kindertons buys Plantec
Accident management firm Kindertons, backed by Sovereign Capital, has acquired Plantec, a UK-based provider of services to the motor insurance industry.
LDC backs £17.8m GMG Property MBO
LDC has supported the £17.8m management buyout of estate agent software provider GMG Property Services from Guardian Media Group.
Former 17Capital IR manager joins Low Carbon
Louise Ward, Low Carbon
UK retail: who will be celebrating this Christmas?
As private equity continues to dominate the UK consumer sector, who is set to see soaring sales during the festive flurry? Alice Murray reports
Crescendo Biologics secures £17.5m series-A
UK biotech Crescendo Biologics has raised £17.5m in its series-A funding round from Imperial Innovations, Astellas Venture Management (AVM) and existing investor Sofinnova Partners.
Maven invests £5m into R&M Engineering MBO
Maven Capital Partners has supported the management buyout of R&M Engineering with a £5m investment in return for a majority stake.
MyOptique Group raises £8m
Online optical retailer The MyOptique Group has raised £8m from existing and new backers to boost plans for international expansion.
Kester doubles money on Chiltern sale
Kester Capital has sold its stake in clinical services business Chiltern, reaping a 2x money multiple and a 25% IRR.
Are European GPs ready to embrace the robotics revolution?
As robotic solutions creep into our everyday lives, Kim Richters looks at private equity’s relationship with the increasingly important sub-sector.
Carlyle pours $200m into Discover Exploration
Carlyle has invested $200m in Discover Exploration, an oil and gas company led by the former Cove Energy management team.
Duke Street offloads UKWM
Duke Street Capital Partners has sold UKWM to AIM-listed Ashcourt Rowan in a deal valued at £14.25m.
General Atlantic buys MeteoGroup from PA Group for €190m
General Atlantic has acquired weather business MeteoGroup from PA Group, the parent company of the Press Association (PA), for €190m.
HIG divests Europa to Bilfinger
HIG Europe has sold facilities management company Europa Support Services to German trade buyer Bilfinger, reaping a 4x multiple on its original investment.
Allen & Overy appoints ex-Ashurst corporate head Lloyd
Stephen Lloyd, Allen & Overy
Endless launches £10m SME-focused fund
UK turnaround house Endless has launched a £10m fund targeted at SMEs and structured to take advantage of the Enterprise Investment Scheme (EIS).
Metail raises £2.6m in first funding round
British virtual fitting room company Metail has raised £2.6m in its first institutional funding round, led by New World Private Equity Partners.
Bregal’s Canopius attracts Japanese bid
Bregal Capital-owned Lloyd’s of London insurer Canopius Group has attracted a £600m offer from Sompo Japan Insurance.