UK / Ireland
Maven Capital backs Fletcher Shipping
Maven Capital Partners has invested a further £5.5m in its portfolio company Fletcher Shipping, an Aberdeen-based shipping company.
BGF invests £2.8m in Arran Aromatics
The Business Growth Fund (BGF) has invested £2.8m and taken a minority stake in Arran Aromatics, a Scottish luxury toiletries company.
PE backers looking to divest Burton’s Biscuits
Burton’s Biscuit Company, owned by Apollo Global Management and Duke Street, is up for sale with a price tag of £350m, according to reports.
Lack of exits forces Candover to make contingency plans
Without any realisations in the first half of this year and a growing debt burden, listed entity Candover Investments has started to review a range of alternative plans including refinancing existing facilities.
Risk Capital acquires Cruise.co
Risk Capital Partners has acquired a majority stake in Cruise.co, a UK-based owner of online cruise holiday websites.
LDC eyes up Silverstone
Mid-market house LDC is discussing a potential management buyout of motor racing events operator Silverstone Circuits.
BC’s Foxtons to raise £55m in flotation
London-based estate agent Foxtons, backed by BC Partners, is to float on the London Stock Exchange in September and plans to raise £55m in a sale of both new and BC-owned shares.
Risk Capital backs Red Hot World Buffet
Risk Capital Partners has acquired a majority stake in UK-based restaurant group Red Hot World Buffet.
BGF backs Xercise4less with £5m
The Business Growth Fund (BGF) has injected £5m into Xercise4less, a fitness chain founded by ex-rugby player Jon Wright.
Phoenix looks to offload LK Bennett
Phoenix Equity Partners is in the initial stages of divesting high-end retailer LK Bennett as it sounds out City advisers.
Advent mulls Co-op insurance bid
Advent International has teamed up with former RSA Insurance boss Andy Haste to bid for Co-operative Group’s insurance arm.
Hellman’s WRI buys HostelBookers.com
Hellman & Friedman-backed Web Reservations International (WRI) has acquired HostelBookers.com.
Baker Tilly picks up RSM Tenon in pre-pack deal
Baker Tilly has acquired RSM Tenon’s trading business in a pre-pack deal following a write off of the embattled company’s £80m debt.
Syncrophi Systems raises €1m
Galway-based medical devices company Syncrophi Systems has raised €1m from the AIB Seed Capital Fund.
Greycroft and iNovia back Tagman
Greycroft Partners and iNovia Capital have led a $5m funding round for UK-based Tagman, a global tag management system (TMS) provider.
Neeson joins SEP from Caird
Paul Neeson, SEP
Oaktree’s Bellpenny picks up KMF
Bellpenny, a wealth manager backed by Oaktree Capital, has acquired Glasgow-based KM Financial Advisers (KMF).
Synova smashes £110m fundraise
Synova Capital has closed its second fund on its £110m hard-cap in less than three months.
Terra Firma appoints head of investor relations
Terra Firma has appointed Lachmi-Niwas Sadani, whose resume includes stints at Apax and Axa Private Equity, as head of investor relations.
PE-backed McCarthy & Stone in refinancing
Retirement home developer McCarthy & Stone – which is backed by a consortium of investors believed to include Goldman Sachs, TPG and Alchemy Partners – has refinanced its existing debt.
BGF-backed SHS bolts on Dixon Pentland
Swanbridge Hire & Sales Integrated Services (SHS), a portfolio company of the Business Growth Fund (BGF), has acquired UK-based Dixon Pentland Scaffolding for approximately £2m.
Goldman to become Duke Street investor
Goldman Sachs is to invest around €100m in Duke Street and is also considering acquiring secondary stakes in the GP's 2007 fund.
ECI’s Citation acquires Bibby
ECI Partners-backed Citation, an adviser on employment law and health & safety regulations, has acquired Bibby Consulting & Support from Bibby Line Group.
Foresight et al. invest in Biofortuna
A consortium of existing backers has injected £1.3m into Biofortuna, a UK-based molecular diagnostics company, to fund further growth.