UK / Ireland
Cavendish adds partner to TMT team
M&A advisory firm Cavendish Corporate Finance has appointed Nick Jones as a partner in the technology, media and telecoms (TMT) sector team of its London office.
Phoenix sells Letts Filofax
Phoenix Equity Partners has sold stationery products firm Letts Filofax to HSGP Investments, a holding company set up by the firm’s CEO Gordon Presly and Canadian stationery entrepreneur Harolde Savoy.
Bowmark buys Drake & Morgan
Bowmark Capital has backed the £30m management buyout of UK-based restaurants operator Drake & Morgan.
Carlyle backs Addison Lee
The Carlyle Group has invested in transportation and private hire firm Addison Lee in exchange for a majority stake in the company.
Environ makes new addition to London office
Environmental advisory firm Environ has brought principal Michael Scott over from the US to join the company’s London office.
Lyceum’s Access Group acquires TeamSeer
Lyceum Capital-backed Access Group has acquired team management software-as-a-service company TeamSeer.
Sovereign Capital promotes Matthew Owen to partner
Sovereign Capital has promoted Matthew Owen to partner at the firm.
Saphir joins Next Wave in Molinare
Saphir Capital Partners has backed UK-based post-production house Molinare TV & Film Ltd.
SmartCap et al. in £5m round for Fits.me
Existing investor SmartCap has been joined by Conor Venture Partners, Fostergate Holdings and Entrepreneurs Fund in a series-A funding round of approximately £5m for Fits.me, a software-as-a-service developer for the online fashion retail industry.
BGF’s Springfield Homecare Services acquires PLC
Business Growth Fund-backed Springfield Homecare Services has acquired domiciliary care business Positive Life Choices (PLC).
NorthEdge invests in Jigsaw24
NorthEdge Capital has invested growth capital in UK-based creative IT solutions provider Jigsaw24 for a majority stake in the business.
LP interview: The secondaries saga
Founded in 1991, London-based Paul Capital has decades of experience in secondaries and fund-of-funds investments. unquote" talks to secondaries specialist and partner Elaine Small about the drivers behind the market's unprecedented growth.
Lundbeckfond Ventures et al. invest in DySis Medical
Lundbeckfond Ventures has led a £7.4m fundraising round in DySis Medical Ltd, a women’s health medical devices company.
SL Capital promotes three in Europe
Funds-of-funds manager SL Capital has promoted Richard Chapman and Cameron Graham to the position of investment director, as well as Andrzej Plichta to investment manager.
HIG Europe's Haltermann acquires Petrochem Carless
HIG Europe portfolio company Haltermann Holding GmbH has acquired Petrochem Carless Holdings Ltd (PCL), a UK-based hydrocarbon chemicals refiner and producer.
Joules attracts private equity interest
British fashion retailer Joules is planning on selling a minority stake to fund expansion in the UK and overseas, according to reports.
Core Capital's Kelway acquires Equanet
Core Capital portfolio company Kelway has acquired the UK-based non-trade and public sector business of Equanet, the specialist IT solutions brand of Dixons Retail plc.
Palatine hires Andy Lees as partner
Palatine Private Equity has added to its investment team with the appointment of ex-Barclays executive Andy Lees as partner.
CVC eyes takeover bid for Betfair
CVC Capital Partners has confirmed it is considering bidding for London-listed online betting company Betfair Group plc.
Advent, Bain in £340m WorldPay dividend recap
WorldPay, a card payment services provider acquired by Advent International and Bain Capital in 2010, has secured a £700m refinancing including a dividend recap for the private equity owners, according to reports.
NorthEdge's maiden fund hits final close
NorthEdge Capital's maiden fund NorthEdge Capital Fund I LP has held a final close on its £225m hard-cap.
UK Watch: Q1 activity hits five-year low
UK private equity saw its worst quarter since 2009 despite widespread optimism in the market, according to the latest unquote” UK Watch, in association with Corbett Keeling.
Graphite sells Optimum Care to Terra Firma's Four Seasons
Graphite Capital has sold elderly care provider Optimum Care to Four Seasons Health Care, backed by Terra Firma.
LDC sells kidsunlimited for £45m
LDC has sold day care nurseries operator kidsunlimited to employer-sponsored childcare provider Bright Horizons for a cash consideration of £45m.