UK / Ireland
Providence picks up Exponent’s Ambassador
Providence Equity Partners has emerged as the successful bidder for Exponent Private Equity’s Ambassador Theatre Group (ATG).
PE-backed Infinis and Merlin to float
Merlin Entertainments, backed by Blackstone Group and CVC Capital Partners, and Terra Firma’s Infinis Energy have both announced plans to float on the London Stock Exchange.
Linklaters reshuffles London team in wake of departures
Law firm Linklaters has relocated Stockholm-based corporate partner Roger Johnson to its London office, while Nick Rees has been appointed head of the firm's private equity group.
Albion invests in GHR hydropower scheme
Albion Ventures has invested £9.3m in a hydropower scheme developed by Green Highland Renewables (GHR), a Perth-based hydro-electric specialist backed by Scottish Equity Partners (SEP).
Hutton Collins buys Byron
Hutton Collins Partners has acquired high-end burger chain Byron from Gondola for £100m, following months of interest from private equity firms.
Will Woodford launch a private equity fund?
The UK's most famous fund manager could run a closed-ended private equity fund when he launches his own firm next year following his departure from Invesco Perpetual, allowing him to develop his passion for investing in start-up companies.
YFM Equity Partners backs GTK buyout
YFM Equity Partners has backed the management buyout of Basingstoke-based manufacturer GTK UK.
MMC hires new investment manager
Camilla Dolan, MMC Ventures
Permira in advanced talks to buy Dr Martens
Permira has entered advanced talks regarding the acquisition of British boots maker Dr Martens.
Puma winds up three VCTs
Puma Investments has this month wound up three of its VCTs, Puma VCT III, Puma VCT IV and Puma VCT V, after the vehicles reached the end of their five-year lifespans.
Linklaters PE duo Bagshaw and Youle quit to join White & Case
Ian Bagshaw, White & Case
DFJ Esprit et al. back ZBD
UK-based electronic shelf labelling (ESL) developer ZBD Solutions has secured $25m in fresh capital from a consortium of existing investors and US listed firm Zebra Technologies Corporation.
Goldman’s Hastings in £416.5m refinancing
Hastings Insurance Group, which recently secured investment from Goldman Sachs, has placed a £416.5m senior secured bond on the Irish Stock Exchange.
Walker Guidelines Monitoring Group appoints new chairman
The Walker Guidelines Monitoring Group has appointed Nick Land as chairman.
Balderton appoints Waterhouse as general partner
Daniel Waterhouse, Balderton
FF&P Private Equity reaps 2.2x return on OB10 sale
FF&P Private Equity has sold OB10, a UK-based e-invoice network operator, to new holding company Tungsten Corporation, reaping a blended 2.2x its money.
Auven sells Spirogen in $240m trade sale
Auven Therapeutics has sold cancer drug pharmaceutical company Spirogen to US listed corporation AstraZeneca's subsidiary MedImmune for $240m.
Albion invests in Cisiv
Albion Ventures has invested in healthcare software-as-a-service business Cisiv.
unquote” Regional Mid-market Barometer
UK mid-market
Baird Capital backs Medplast bolt-on
Baird Capital’s MedPlast has acquired UK-based Orthoplastics, a manufacturer operating in the orthopaedic implant market.
Piper hires 3i’s Stern
Dan Stern, Piper
Exponent’s Ambassador attracts private equity suitors
Exponent Private Equity-backed Ambassador Theatre Group is reportedly on the block and has attracted high-profile suitors including BC Partners, Blackstone and Carlyle.
Private equity eager to cash in on real estate bubble
The much-debated property bubble has economists worrying over soaring inflation rates. However, for the buyout community, a rush of first-time buyers and a flood of foreign money has those supporting the property industry licking their lips in anticipation....
Palatine pays £16m for LDC’s Forrest
Palatine Private Equity has backed the £16m secondary management buyout of social housing contractor Forrest, generating a 2.4x return for vendor LDC.