UK / Ireland
BGF inks £3.2m Cass Art deal
The Business Growth Fund (BGF) has invested £3.2m in arts material retailer Cass Art in exchange for a minority stake.
LDC and PostNL in TNT Post joint venture
LDC has teamed up with PostNL to support the rollout of TNT Post UK’s end-to-end (E2E) postal delivery service.
Equistone and LDC back MDNX deal
Hosting provider MDNX has acquired Easynet with backing from Equistone Partners Europe and LDC, providing an exit for Kelso Place Asset Management.
Rosslyn Analytics secures £2.1m investment
Cloud-based data management and analytics business Rosslyn Analytics has received £2.1m from existing and new investors.
Forbion et al. back Ario Pharma
Forbion Capital Partners, Seroba Kernel Life Sciences and New Science Ventures (NSV) have injected £1.9m into UK biotech Ario Pharma.
Palamon’s Wilson appointed by Silverfleet
Annette Wilson, Silverfleet Capital
Onex-backed Tomkins eyes IPO
UK-based components manufacturer Tomkins, backed by Onex Corp and the Canada Pension Plan Investment Board (CPPIB) is considering an IPO.
Mobeus launches linked fundraise
Mobeus Equity Partners has launched a linked fundraising offer, aiming to raise £24m over its four VCTs.
Palamon rehires Barker and appoints Arbour
Palamon Capital Partners has appointed Philippe Arbour as managing director of structured finance and re-hired Antony Barker as director of investor relations and marketing.
LPFA makes first direct co-investment with Secured Mail
The London Pension Fund Authority (LPFA) has completed its first direct co-investment, investing in postal operator Secured Mail alongside Adveq and Next Wave Partners.
Bridgepoint Development Capital picks up Quotient
Bridgepoint Development Capital (BDC) has acquired outsourced drug development business Quotient Clinical from Quotient Bioresearch Group.
FGPE et al. sell Qumas to Accelrys for $50m
Fidelity Growth Partners Europe (FGPE) and other backers have sold Qumas, an Ireland-based risk and compliance management company, to Nasdaq-listed software firm Accelrys.
BGF backs Duncan & Todd with £5.6m
Business Growth Fund (BGF) has invested £5.6m in Scottish optical chain Duncan & Todd.
Glennmont secures €50m from EIB
BNP Paribas private equity spinout Glennmont has received €50m from the European Investment Bank (EIB).
3i loses healthcare chief exec
Denis Ribon, former global head of healthcare at 3i Group, has left the firm to launch his own fund focused on the small-cap space.
Impact Ventures reaches £20.8m first close
LGT Venture Philanthropy (LGT VP) and Berenberg Private Banking have reached a first close for their social impact fund on £20.8m.
ECI picks up Encore from Isis
ECI Partners has acquired West End ticket agency Encore Tickets from Isis Equity Partners, in a deal thought to be worth £60m.
PEP and Keyhaven launch co-investment partnership
Italian GP Private Equity Partners (PEP) and London-based private equity firm Keyhaven Capital Partners have launched a co-investment partnership.
MMC Ventures leads $2m round for Gousto
MMC Ventures has led a $2m series-A round for recipe box delivery business Gousto, with co-investment from the Angel CoFund, an existing backer of the company.
Electra’s Davies Group acquires Garwyn
Electra Partners has supported the acquisition of liability loss adjuster Garwyn Group by its portfolio company Davies Group.
Video: DFJ's Sage on Europe's next big tech trends
Video: DFJ Esprit
Kima launches new start-up initiative
Kima Ventures has launched its new Kima15 initiative, which aims to invest in more than 50 start-ups over the next 12 months.
LDC exits Leasedrive to HgCapital
LDC has sold a majority stake in vehicle management group Leasedrive to HgCapital in a secondary buyout.
LPs expect net returns of at least 11%
The majority of LPs anticipate annual net returns in excess of 11% over the next three to five years, according to the latest Coller Capital Global Barometer.