UK / Ireland
Privet reaps 20x on £22m Thermal Engineering sale
Turnaround specialist Privet Capital has sold Thermal Engineering to trade buyer Senior for £22m, generating a 20x return.
JTC Group acquires AFML
Funds services firm JTC Group has acquired Anson Group’s Guernsey-based fund administration business Anson Fund Managers Limited (AFML).
Sofinnova leads £15m round for Green Biologics
Sofinnova Partners has led a £15.4m series-B funding round for Green Biologics, a UK-based chemicals producer, alongside Hong Kong-based Swire Pacific and several existing investors.
MMC Ventures in £3m round for Wedo
MMC Ventures has led a £3m funding round for online retailer Wedo.
Rhonda Ryan joins Altius
Rhonda Ryan, Altius Associates
BC Partners buys Mergermarket
BC Partners has emerged as the successful bidder for Pearson Group’s news service Mergermarket.
Calculus leads £2.7m round for Money Dashboard
Enterprise Investment Scheme specialist Calculus Capital has led a £2.7m funding round for Money Dashboard, a UK-based provider of personal online financial management services.
Sofinnova leads £2.4m round for CelluComp
Sofinnova Partners has led a £2.4m funding round for CelluComp, a Scottish sustainable materials company, with participation from the Scottish Investment Bank (SIB).
Index backs MetaPack with £20m
Index Ventures has injected £20m into MetaPack, a UK-based provider of a software-as-a-service (SaaS) delivery management platform for e-commerce.
Deal in focus: Risk Capital buys Neilson from Thomas Cook
Risk Capital Partners' acquisition of Neilson Active Holidays from embattled holiday-operator Thomas Cook is a rare example of private equity being invited in.
August Equity nears £200m target
August Equity's Fund III is weeks away from its final close, unquote” has learned.
NVM’s Northern VCTs hit £50m
The three Northern VCT funds, managed by NVM Private Equity, have reached their £50m combined target in less than four months.
Clifford Chance promotes Matthew Layton
Matthew Layton, Clifford Chance
Deal in focus: Northstar's Graphene Materials lists on AIM
Venture-backed Applied Graphene Materials (AGM), a mass-producer of new wonder material graphene – which is set to revolutionise the technology, medical, aerospace and even condom markets – has listed on AIM.
Alchemy offloads InterGlobal
Alchemy Partners has divested international medical insurance provider InterGlobal to NYSE-listed Aetna.
Freshfields private equity star Bown leaves for client CVC
Chris Bown, CVC
LDC’s Driver Hire picks up ISS Labour
LDC-backed The Driver Hire Group has purchased Infra Safety Services Labour (ISS Labour).
Endless’s Liberata in double bolt-on
Endless-backed business processing services provider Liberata has acquired two companies in recent weeks.
Warwick Audio secures £1.25m
UK-based loudspeaker developer Warwick Audio Technologies has secured £1.25m from a consortium including Midven, Mercia Fund Management (MFM) and Finance Wales.
Klenk joins Alvarez & Marsal
Alvarez & Marsal (A&M) has appointed Uwe Klenk as managing director and co-head of its European retail practice.
MJ Hudson merges with MW Cornish
Alternative asset-focused boutique law firms MJ Hudson and MW Cornish have combined their private equity and hedge funds practices.
Altium hires Livingstone’s Jones
Christopher Jones, Altium
Pulmocide secures £17m in series-A
UK-based inhaled medicines developer Pulmocide has raised £17m in its series-A financing round from a consortium of investors led by Imperial Innovations.
Risk Capital buys Neilson Active Holidays from Thomas Cook
Luke Johnson’s Risk Capital Partners has acquired Neilson Active Holidays from the Thomas Cook Group.