UK / Ireland
PGE invests £1m in Concorde Solutions
Panoramic Growth Equity (PGE) has injected £1m into software company Concorde Solutions.
Bank caution driving secondary market
Secondary asset trading activity has surged in Q4 following institutional interest in disposals and appealing discounts to NAV. Sonnie Ehrendal investigates.
Crossley joins Speechly's PE team
Speechly Bircham has appointed Adam Crossley to its London private equity team.
Private equity sets sights on Home Retail Group
Private equity buyers are thought to be circling Argos owner Home Retail Group.
UK & Ireland unquote" 21 November 2011
Take privates are set to rise next year as depressed stock markets provide rich pickings for acquisitive corporates as well as financial buyers eyeing up bargains.
Balderton leads $17m funding for Housetrip
Balderton Capital has led a $17m series-B financing round in holiday accommodation website Housetrip.
Could corporates turn their backs on venture?
As difficult economic conditions hit financial and corporate investors alike, some large corporates may be tempted to neglect their venture arms. But this could prove disastrous for investee companies that need support.
LDC expands London team
LDC has announced four senior hires to its London team.
TDR Capital hires David Melvin
David Melvin has joined TDR Capital as partner and head of investor relations ahead of the launch of TDR Capital’s Fund III in 2012.
PE-backed Tomkins to sell tyre business
Axa and Onex-backed Tomkins is thought to be arranging the sale of its tyre technology division.
CVC makes bid for Phoenix
CVC is thought to have made a bid for UK life assurer Phoenix Group, in a deal that could be worth over £800m.
Equistone plans to expand in the North
Equistone Partners Europe, formerly known as Barclays Private Equity, is reportedly planning to expand its team in Northern England.
Iceland Foods auction delayed
TPG, Bain, Blackstone and BC Partners have reportedly submitted first-round bids for frozen food retailer Iceland Foods - but the auction is being delayed, according to media reports.
Forbion leads $26.5m round in Oxyrane
Forbion Capital has led a $26.5m series-D funding round for biopharmaceutical producer Oxyrane.
Hamilton Lane expands London team
Jim Strang has joined Hamilton Lane’s London investment team as principal.
P2Ps to rise – despite Code changes
Changes to the UK’s Takeover Code came into play two months ago. Despite rhetoric, interest in P2Ps is up. Kimberly Romaine reports
Phoenix-backed edif group acquires NDE
Phoenix Equity Partners has injected £12m to complete the acquisition of NDE Global Technical Services for its portfolio company edif group.
Aureos Capital expands investment team
Private equity house Aureos Capital has announced the appointment of Marlon Sahetapy as principal.
Sovereign's NFA up for sale
Sovereign Capital is currently receiving offers from private equity buyers for the National Fostering Agency (NFA), according to media reports.
Campbell Lutyens appoints new partner
James Wardlaw has joined Campbell Lutyens as a partner.
LGV Capital buys ABI
LGV Capital has secured a majority stake in the management buyout of ABI, a UK-based caravan holiday homes manufacturer.
Alcuin closes third fund
Alcuin Capital Partners has reached the £100m target on its Third Alcuin Fund.
BDC joins LDC in Evander
Bridgepoint Development Capital (BDC) has joined LDC to provide a growth capital investment for Evander Glazing & Locks, a UK-based emergency response and repair provider of locks and glazing.
Italy on a cliff
Italy’s economic situation is worsening. Might private equity play a role in the recovery? Kimberly Romaine reports from Milan.