UK / Ireland
Electra Partners buys two more secondaries stakes
Electra Partners has announced the acquisition of two further stakes in private equity funds for an extra £22m investment.
Portfolio companies hungry for improved exit advice
Portfolio companies consider exit advice as the most important contribution to value generation that their private equity backers make, yet performance falls short of expectations, according to a recent PwC survey.
BVCA chief Florman resigns
BVCA chief Mark Florman has resigned after just over two years in the post.
Oxford Capital leads $5m funding round for Abiquo
Oxford Capital has led a $5m funding round for Spain- and UK-based software business Abiquo.
August Equity promotes three
August Equity has strengthened its investment team with three promotions.
KKR’s Pets at Home buys Vets4Pets
Pets at Home, a UK-based pet supplies retailer owned by KKR, has acquired Vets4Pets.
Electra finalises UBM data services acquisition
Electra Partners has acquired the majority of UBM's data services businesses, a deal agreed to in February.
Oaktree’s R&R Ice Cream buys Fredericks Dairies
R&R Ice Cream, the ice cream manufacturer owned by Oaktree Capital, has wholly acquired Fredericks Dairies for £49m.
MMC Ventures wins tender for £11m fund
MMC Ventures has won a competitive tender to launch the MMC London Fund.
Maven acquires Fundamental Tracker Investment Management
Maven Capital Partners has acquired UK-based alternative asset manager Fundamental Tracker Investment Management Limited (FTIM) from City of London Group.
Isis commits £5m to Create Health
Isis Equity Partners has invested £5m in London-based fertility clinic Create Health.
Silverfleet buys Ipes from RJD for £50m
Silverfleet has acquired fund administration business Ipes from RJD Partners for £50m.
Disgraced Crosby steps down from Bridgepoint role
Sir James Crosby has stepped down from his role on Bridgepoint’s European Advisory Board following a report into his role in the collapse of UK bank HBOS.
Harwood PE buys two music magazine brands
Harwood Private Equity has acquired the rock magazine brands Classic Rock and Metal Hammer from listed media group Future for £10.2m.
MML's Arena Group acquires Karl’s
UK-based events business The Arena Group, a portfolio company of MML Capital Partners, has acquired its US competitor Karl’s Event Services.
Kernel Capital et al. back Zinc Software
Kernel Capital and Dublin Business Innovation Centre have invested €650,000 in Zinc Software, a Dublin-based company developing a biofeedback platform for iOS and Android systems.
France Telecom moves forward on EE sale
France Telecom has reportedly hired banks to advise on the dual-track sale process of mobile operator Everything Everywhere (EE), which attracted private equity interest last summer.
IPO activity dwarfs 2012 after first quarter
Private equity-backed IPOs are making a major comeback and could be set to reach their highest level since 2010, according to figures from unquote” data.
LDC appoints Farren to Yorkshire team
LDC has appointed Joe Farren as an investment director in its Yorkshire office.
Cisco buys venture-backed Ubiquisys for $310m
Small cells developer Ubiquisys, a portfolio company of Advent Venture Partners, Accel Partners and Atlas Venture, has been bought by US corporate Cisco for $310m.
GCP buys Fishawack for £13m
Growth Capital Partners (GCP) has acquired international medical communications company Fishawack for £13m.
UK & Ireland unquote” April 2013
Hailed as “a budget for people who want to get on” by the government, and criticised by others for doing too little to pull Britain out of its economic quagmire, the statement will be intensely scrutinised for weeks to come.
Bridgepoint acquires Oasis Healthcare from Duke Street
Bridgepoint Capital has acquired UK-based private dental healthcare provider Oasis Healthcare in a £185m secondary buyout from Duke Street.