UK / Ireland
Sovereign appoints Barclays Ventures’ Morgan
Jeremy Morgan, Sovereign Capital
LDC invests £22m in Joules
LDC has backed UK-based fashion and homeware retailer Joules with a £22m investment in exchange for a minority stake.
UK plc to overlook Europe
UK plc is to look further overseas, to destinations including the US, India, Brazil and China, for new acquisitions, diminishing a key exit route for European private equity-backed businesses.
Gresham divests Swift
Gresham Private Equity has sold oil & gas recruitment company Swift Technical Group to Wellspring Capital Management.
LDC sells Mountain Warehouse to management
LDC has divested Mountain Warehouse, a UK-based outdoor clothing and equipment retailer, in a management buy-back worth £85m.
Insignia raises £865,000 from Equity Gap et al.
Smart packaging company Insignia Technologies has received £865,000 in a transaction led by Equity Gap.
CurrencyFair raises $2.5m from Frontline Ventures
Irish peer-to-peer foreign exchange CurrencyFair has raised $2.5m from Frontline Ventures and angel investors.
Bridgepoint Development Capital invests in LOC
Bridgepoint Development Capital (BDC) has purchased a minority stake in offshore marine and engineering consultancy LOC.
Cameron unveils plan to name all UK company owners
UK prime minister David Cameron is due to announce plans to release a list of all UK business owners in an effort to crack down on tax evasion at the Open Government Partnership summit today.
Dunedin hires two
UK private equity firm Dunedin has appointed Karan Darrach as financial controller and Andrew Davidson as analyst.
Teachers' Private Capital buys Busy Bees
Teachers' Private Capital (TPC), the private equity arm of pension fund Ontario Teachers' Pension Plan, has acquired UK-based nursery group Busy Bees.
Trustev raises $3m
Irish anti-fraud solutions provider Trustev has raised $3m in a seed funding round.
HgCapital exits Epyx, reaps 2.7x return
HgCapital has sold UK-based Epyx to NYSE-listed fuel payment processing company Fleetcor, making 2.7x its original investment and a gross IRR of around 27%.
Graphite makes 3.5x on Alexander Mann Solutions sale
Graphite Capital has sold Alexander Mann Solutions (AMS) for £260m to New York-based New Mountain Capital, reaping a 3.5x return on its initial investment.
Enterprise Ventures backs ChargePoint with £1.625m
Enterprise Ventures has committed £1.625m to Merseyside-based ChargePoint Technology, a manufacturer of precision containment valves.
Just Retirement targets £1bn+ market cap
Permira-backed Just Retirement is hoping to achieve a market capitalisation of between £1-1.25bn after it began its investor road show yesterday.
Passion Capital backs Coinfloor
Passion Capital has invested in Coinfloor, a UK-based bitcoin currency exchange, alongside angel investor and Transferwise founder Taavet Hinrikus.
Saga expected to raise £3bn in IPO
Saga, part of Acromas, backed by CVC, Charterhouse and Permira, has hired STJ Advisors in advance of an expected £3bn public offering.
Palamon IR head Wilson steps down
Annette Wilson, a managing director at Palamon Capital Partners, has stepped down from her role as head of investor relations.
Total Capital acquires Meter Provida
Total Capital Partners has backed the buy-in management buyout (BIMBO) of Meter Provida, a UK-based supplier of gas meters.
Lonsdale acquires Oteac
Lonsdale Capital Partners has bought a majority stake in fire and safety services provider Oteac from the firm's private owners.
Rabobank spinout Anterra makes €5m maiden investment
Anterra Capital (formerly Rabobank Ventures) has made its maiden investment by injecting €5m into waste-saving technology provider Food Freshness Technology (FFT).
Notion Capital et al. back Rockabox
Notion Capital, Frog Capital and fourteen17 have invested £3m in a series-A funding round for Rockabox, a UK-based video advertising platform developer.
LDC reaps 2.4x in JCC Lighting exit
LDC has sold lighting manufacturer JCC Lighting (JCC) to US electrical manufacturer Leviton, reaping a 2.4x money multiple.