UK / Ireland
Midven enters Diverse World
Venture capital firm Midven has invested £255,000 in specialist travel company Diverse World.
BVCA hits back at Alexander tax attack
Following Danny Alexander’s call to close loopholes used by private equity at the Liberal Democrat conference yesterday, the BVCA has hit back.
Tax crackdown on UK PE firms
Treasury chief secretary Danny Alexander will declare that he is closing tax loopholes used by accountants and private equity firms in the UK at the Liberal Democrat conference in Glasgow today.
BC Partners secures Phones4u dividend recap
BC Partners is to receive a dividend payout after phone retailer Phones4u issued bonds worth £200m.
Bowmark loses investment director
Dylan Bourguignon is understood to have stepped down as investment director at Bowmark Capital.
Index leads $20m Egalet round
Index Ventures has led a $20m funding round for Egalet, a pharmaceutical company specialising in the development of abuse-deterrent oral products.
Altius appoints Pfister as partner
Private equity advisory firm Altius Associates has appointed Peter Pfister as partner and head of Asia-Pacific.
NewsWhip secures $1.1m in seed funding
Hal Philipp of Meridian Growth Capital, Shane Naughton of Inundata and others have invested $1.1m in a seed funding round for NewsWhip, a Dublin-based online news platform.
LDC invests in Equiom
LDC has acquired Equiom, an Isle of Man-based provider of fiduciary and administrative services, as part of a secondary management buyout from Isis Equity Partners.
H2 Equity Partners acquires Eurocell
H2 Equity Partners has wholly acquired Eurocell, a UK manufacturer and distributor of PVC-u profiles and roofline products.
SJ Berwin's Gold joins Electra's board
SJ Berwin funds partner Josyane Gold has joined Electra Private Equity’s board as a non-executive director.
ECI makes 2.1x on Ascribe exit
ECI Partners has sold healthcare IT company Ascribe to AIM-listed clinical software supplier Emis Group for £57.5m, generating a 2.1x return.
Enterprise Ventures et al. back Knight Warner
Enterprise Ventures, Turning Point and management have invested in UK-based process automation equipment manufacturer Knight Warner.
Eversheds hires DLA’s Beardmore as senior corporate partner
Eversheds has appointed Mark Beardmore as corporate partner in its Company Commercial practice group.
CBPE dines out with Côte
CBPE Capital has emerged as the new owner of French bistro chain Côte Restaurant in a deal thought to be worth in the region of £100m.
Exponent's Trainline in £190m dividend recap
Trainline, a UK train ticketing website backed by Exponent Private Equity, has secured a £190m refinancing.
Kreos IV holds final close on €240m
Kreos Capital has held a final close on €240m for its Kreos Capital IV Growth Debt Fund.
Accel leads $18m round for Calastone
Accel Partners has led an $18m funding round for Calastone, a UK-based fund transaction network.
Equistone buys Whitworths in tertiary deal
Equistone Partners Europe has bought a majority stake in Whitworths, a UK supplier of dried fruit, nut and seed products, becoming the firm’s third private equity owner.
Towerbrook takes off with LDC’s AIM Aviation
Towerbrook Capital Partners has acquired aircraft cabin interior designer and manufacturer AIM Aviation from LDC.
Summit Partners expands European team
Summit Partners has appointed Thomas Tarnowski as principal in its London office.
Lloyds Bank hires HSBC and RBS directors
Lloyds Bank Commercial Banking has appointed Dave Furlong of HSBC and Kate Grimoldby of RBS to its north of England acquisition finance team.
MMC backs Tyres On The Drive with £1.5m
Previous investors MMC Ventures and Enterprise Ventures Group (EV) have injected £1.5m into Tyres On The Drive, a mobile tyre-fitting service.
SEP leads £2.4m round for Sumerian
Scottish Equity Partners (SEP) has led a £2.4m funding round for Sumerian, an Edinburgh-based IT analytics company, alongside the Scottish Investment Bank (SIB).