UK / Ireland
ISIS acquires Onyx in management buyout
ISIS Equity Partners has acquired technology provider Onyx Group alongside its management team led by CEO Neil Stephenson.
UK & Ireland unquote” 17 October 2011
After a promising start, buyout activity in Europe might slow down even further in the fourth quarter of 2011, and risks falling behind last year’s levels.
Disruptive Capital lead investment in Lysanda
Disruptive Capital Finance has led a £10m round for vehicle technology developer Lysanda.
Octopus-owned Zoopla merges with Digital Property Group
Octopus-backed online firm Zoopla has merged with online property service provider The Digital Property Group (DPG).
Alcuin takes a bite out of Krispy Kreme
Alcuin Capital Partners has backed the £25m management buyout of doughnut retailer Krispy Kreme UK.
To have and to hold
Private equity prides itself on patience. But three-to-five year holds aren’t always enough to maximise value from companies. Kimberly Romaine reports.
Accel backs social shopping platform Carmine
Accel Partners has invested an undisclosed amount in subscription-based beauty website Carmine.
PE a ‘force for good’ but must focus on social issues
Four years on, European private equity’s largest catch is still happy with its owners. unquote” reports from the BVCA Summit in London.
F&C holds first close of private equity fund of funds
F&C has announced the first close of its F&C Climate Opportunity Partners at £30m.
Penta Capital backs Six Degrees Group
Penta Capital has invested £60m in cloud service provider Six Degrees Group.
Gresham-backed ICR Integrity makes first acquisition
ICR Integrity, a Gresham Private Equity-backed specialist in engineered composite repairs, has acquired North East Corrosion Engineers (NECE).
Goodwin Procter expands London office
Goodwin Procter has announced that David Evans and Samantha Lake Coghlan will join the firm as partners in the UK.
KPMG scoops ICAEW corporate finance award
Jonathan Boyers, corporate finance partner at KPMG's Manchester office, was named corporate financier of the year at the ICAEW awards last night.
DACH Congress: Fundraising targets €7bn
Despite a sombre economic backdrop, DACH private equity deal doers are remarkably upbeat, with two thirds of today´s unquote" Congress in Munich convinced that LP appetite for the region is actually rising.
LMS chair ousted as firm prepares to wind-down
LMS Capital’s non-executive directors have asked chairman Robert Rayne to resign from the board, it was revealed today.
Gresham-backed JGG bolts on Rabbit Vocal Management
James Grant Group (JGG), a services provider owned by Gresham Private Equity, has acquired Rabbit Vocal Management, a major London-based voiceover management company.
DACH Congress: GPs upbeat despite economic challenges
In the current economic climate private equity funds in Germany can still look forward to good dealflow despite concerns over banking and regulation. Diana Petrowicz reports from unquote’s DACH Congress in Munich.
SVB announces director of corporate banking
Paul Jackson has been hired as director of corporate banking for SVB Financial Group, the parent company of Silicon Valley Bank and financial partner to technology companies and venture capitalists.
Deal volume and value plummets in third quarter
Deal activity levels fell by more than a third in Q3 2011 due to ongoing fears regarding the European debt crisis, according to the latest unquote” Private Equity Barometer, in association with Arle Capital Partners.
unquote" UK Watch Q3 2011
In the latest edition of the unquote" UK Watch, in association with Corbett Keeling:
August backs Advanced Vetcare-Rowe buy-and-build
August Equity has invested in a buy-and-build platform with veterinary services businesses Advanced Vetcare and Rowe Veterinary Group to merge. The Enterprise Value of the deal was around £35m.
Pantheon adds two in UK and US
Pantheon has appointed two senior executives to its product development and client services teams in the UK and the US.
German web sector set to take off
Despite general low entry valuations for start-up companies in Germany, valuations of web related businesses are expected to rise due to a significant number of successful entrepreneurs-turned investors as well as newly launched funds on the market.
Håkan Björklund joins Avista Capital as healthcare operating executive
Departing Nycomed CEO Håkan Björklund has joined Avista Capital Partners as healthcare operating executive.