UK / Ireland
Cinven's Amco in bolt-on
Cinven portfolio company Amdipharm Mercury (Amco) has acquired Abcur, a Swedish pharmaceutical business.
Graphite purchases Sovereign’s City & County
Graphite Capital has acquired home care provider City & County Healthcare Group from Sovereign Capital.
TDR reaps £145.2m on Phoenix share sale
TDR Capital has sold 22 million shares of listed insurance consolidator Phoenix Group Holdings, raising £145.2m through the partial exit.
Palatine-backed MoneyPlus buys Richardson Mail
Palatine Private Equity’s MoneyPlus Group has purchased Manchester-based Richardson Mail.
Insight leads $42m round for Datasift
Insight Venture Partners has led a $42m series-C funding round for Datasift, a UK- and US-based social data platform provider, alongside several existing investors.
Direct secondaries: breathing new life
An industry-wide impetus is needed to resuscitate an ailing sector. Kimberly Romaine reports
BGF invests £5m in Exchange Lab
The Business Growth Fund has invested £5m in global digital media business The Exchange Lab.
Notion and NEA back Move Guides
Notion Capital and New Enterprise Associates (NEA) have invested $1.8m in Move Guides, a London-based employee relocation platform provider, alongside several angel investors.
LDC appoints Ibbett and Wright
LDC has appointed corporate financiers Richard Ibbett and Chris Wright as investment directors in its Manchester office.
Vitruvian collects £1bn for second fund
Vitruvian Partners has closed its second fund on £1bn, well above its initial £800m target.
Canada Pension Plan welcomes ex-Doughty head
Mark Corbidge, the former co-head of private equity at Doughty Hanson, is understood to have joined the Canada Pension Plan Investment Board (CPPIB).
Truwit, Sillitoe replace Halusa at Apax helm
Mitch Truwit and Andrew Sillitoe, Apax Partners
Autumn Statement spells good news for EIS
The UK Chancellor’s Autumn Statement, released today, outlines more favourable and encouraging tax relief for the Enterprise Investment Scheme.
Amadeus et al. back Xmos
Amadeus Capital Partners, DFJ Esprit and Foundation Capital have taken part in a $14m series-D funding round for Xmos, a Bristol-based fabless semiconductor company.
Duke Street backs Air Products homecare carve-out
Duke Street has backed the management buyout of NYSE-listed Air Products & Chemicals' UK homecare business.
Hoxton Ventures holds first close on $40m
Hoxton Ventures has held a first close for its maiden fund Hoxton Ventures Fund I on $40m, with the aim of bringing the US microcap venture strategy to Europe.
PE still in race for Rexam healthcare unit
Medical supply maker Gerresheimer has dropped out of the bidding process for Rexam's healthcare unit, while private equity firms such as Bain and KKR are still in the race, according to local reports.
Investec finances Carmel
Investec has supplied a £16m integrated debt facility to Carmel Clothing, a London-based clothing designer and manufacturer.
Credit Suisse to sell DLJ Merchant Banking to Coller
Credit Suisse Group is to sell its shares in mid-market buyout arm DLJ Merchant Banking Partners to Coller Capital, according to reports.
Palamon reaps 14.6x on Cambridge Education exit
Palamon Capital Partners has sold Cambridge Education Group to Bridgepoint for £185m, generating a 14.6x return.
Dunedin unlocks £90m Kee Safety deal
UK mid-market firm Dunedin has backed the £90m management buyout of Kee Safety, buying its stake from LDC.
Enterprise Ventures backs £3.8m Granby MBO
Enterprise Ventures and NatWest have supported the £3.8m management buyout of Granby Marketing Services.
HIG sells Aircom
HIG Capital has sold Aircom to Teoco, a US-based provider of analytics and optimisation solutions for communication services providers.
VC-backed Alaric sold to NCR
NVM Private Equity, Foresight Group and Mobeus Equity Partners have sold London-based fraud prevention software provider Alaric Systems to NYSE-listed NCR Corporation for $84m.