UK / Ireland
Bowmark Capital acquires CSL in £32m SBO
Bowmark Capital has backed the secondary buyout of security communications company CSL DualCom with £32m.
IK Investment Partners hit by carried interest row
The Swedish tax authority's battle over carried interest taxation continues as another player is drawn into the feud. Sonnie Ehrendal investigates.
Summit Partners holds final closing of venture fund on $520m
Summit Partners has announced the final closing of the Summit Partners Venture Capital Fund III on $520m.
Summit Partners' eighth fund closes on $2.7bn
Summit Partners has announced the final closing of Summit Partners Growth Equity Fund VIII on $2.7bn.
Albion backs Hilson Moran MBO
Albion Ventures has invested in Hilson Moran Holdings Limited to back the £5m management buyout of engineering and environmental consultancy company Hilson Moran Partnership Limited from Altran Technologies S.A.
Investor Growth Capital et al. invest $12m in Maxymiser
Investor Growth Capital and Pentech Ventures have backed a series-B funding round of $12m in UK website specialist Maxymiser.
LDC completes MBO of Benson Group
LDC has backed the management buy-out of printing and packaging business, Benson Group, facilitating the exit of the two principal family shareholders. Financial details of the transaction remain undisclosed.
HarbourVest announces new COO
HarbourVest has appointed Stuart Howard as chief operating officer of European listed products.
Amadeus et al. in $25m round for Unruly
Amadeus Capital Partners, Van den Ende & Deitmers and the Business Growth Fund (BGF) have invested $25m in UK-based social media business Unruly.
French LBOs: foreign buyers beware?
France’s latest Loi de Finances (the national budget voted in parliament) introduces stricter rules regarding fiscal integration and the tax deductibility mechanism on financial charges. This could spell bad news for foreign LBO funds looking to acquire...
GCP invests in World Trade Group
GCP Capital Partners has backed the MBO of World Trade Group for £27.5m.
Maven exits Applied Language Solutions
Maven Capital Partners, manager of the Capital for Enterprise Fund A (CfE Fund), has realised its £1.5m mezzanine investment in Applied Language Solutions (ALS) following its sale to the Capita Group.
Italian sentiment: fundraising, leverage largest challenges
A recovery for the Italian market is not expected until 2013 at the earliest, according to a recent poll - but the backdrop brings with it fresh prospects.
Merry Christmas from the unquote” team
At the end of this busy year for the private equity industry, the unquote” team wishes all our readers a merry Christmas a happy New Year.
Top 5 buyout investors 2011
Bridgepoint Capital leads unquote"’s list of the top 5 buyout investors of the year, with 10 completed deals.
The year that was 2011: Spinouts and technocrats
The past year has been perhaps the most turbulent since the financial crisis hit. While there has been plenty of activity and a return of large deals, the Eurozone crisis has certainly had an impact.
Encore Capital invests in probikekit.com
Encore Capital has invested an undisclosed amount in online retailer of bicycle accessories Bike Kit Ltd, trading as probikekit.com (PBK).
PE stars in thriller
Advantage Capital CEO Martin Bodenham has written a novel inspired by his 25 years in the private equity industry.
The year that was 2011: Funds launch amid Eurozone crisis
The past year has been perhaps the most turbulent since the financial crisis hit. While there has been plenty of activity and a return of large deals, the Eurozone crisis has certainly had an impact.
Riverside’s Tensator acquires Newvision
Riverside-backed Tensator Group has acquired Portuguese customer journey management specialist Newvision.
The year that was 2011: Mega-deals and key man clauses
The past year has been perhaps the most turbulent since the financial crisis hit. While there has been plenty of activity and a return of large deals, the Eurozone crisis has certainly had an impact.
UK & Ireland unquote" 19 December 2011
With a swathe of mega-buyouts this year, much has been made of France’s buoyant buyout market in 2011.
Palatine completes Selection Services buyout
Palatine Private Equity (formerly Zeus Private Equity) has acquired a majority stake in Selection Services, which provides managed IT services to the SME market, in an MBO thought to be worth between £5m-15m.
The year that was 2011: EMI saga ends, ISS woes continue
The past year has been perhaps the most turbulent since the financial crisis hit. While there has been plenty of activity and a return of large deals, the Eurozone crisis has certainly had an impact.