UK / Ireland
VTB Capital invests $5.5m in aiHit
Russian venture firm VTB Capital has provided UK-based artificial intelligence company aiHit with a $5.5m funding round.
Q&A: Jeremy Golding talks investment strategies
Emanuel Eftimiu speaks to Golding Capital Partners’ Jeremy Golding about his allocation strategy, expectations for the asset class and what to avoid when fundraising.
Elysian backs Tekmar Energy MBO
Elysian Capital has backed the MBO of UK-based offshore wind industry supplier Tekmar Energy from its parent group Tekmar.
Kernel Capital invests in Biocroi
Kernel Capital has made a €800,000 investment in medical technology company Biocroí.
Dunedin-owned Practice Plan acquires two firms
Dunedin-backed Practice Plan has acquired dental plan provider Isoplan and dental patient finance provider Medenta.
Heiner Dreismann joins SV Life Science
SV Life Sciences (SVLS) has appointed Heiner Dreismann as venture partner.
Battery-backed Vero buys Planit
Vero Software, a portfolio company of US-based VC Battery Ventures, has acquired UK-based software business Planit Holdings from August Equity.
LDC acquires Ufi and its subsidiary Learndirect
LDC has acquired Ufi and its subsidiary e-teaching organisation Learndirect from the Ufi Charitable Trust.
GCP appoints Thomson as investment manager
Growth Capital Partners (GCP) has hired Alex Thomson as an investment manager.
A-Capital announces China-Outbound fund
A-Capital has launched a China-Outbound Private Equity Fund, together with the Beijing Municipal Bureau of Financial Work, which will focus on investments in Europe.
H2 acquires Unipart Automotive
H2 Equity Partners has acquired a majority stake in British spare parts distribution business Unipart Automotive for an undisclosed amount.
NVM-backed Kitwave acquires Automatic Retailing
NVM-backed Kitwave has acquired automatic vending industry supplier Automatic Retailing.
Albion Ventures adds to its healthcare team
Christoph Ruedig has joined Albion Ventures to grow the firm’s allocation and manage its investments in the healthcare sector.
Mid Europa creates advisory board
Mid Europa Partners has appointed Bruno Ducharme, Steve Johnson and Richard Oppenheim to its new industry advisory board.
Lyceum Capital buys Adapt for £30m
Lyceum Capital has acquired IT service provider Adapt for £30m.
UK watch: Mixed feelings in Q3
In line with current public market activity, figures in the latest unquote" UK Watch, in association with Corbett Keeling, also paint a mixed picture.
UK & Ireland unquote” 3 October 2011
The private equity industry has once again come under fire from Britain’s politicians, most recently accused of asset stripping by Labour leader Ed Miliband.
North East Technology backs Clarizon with £615,000
North East Technology Fund has invested £615,000 in technology firm Clarizon Limited.
August exits Planit in trade sale
August Equity has sold UK-based software business Planit Holdings to Vero Software, a portfolio company of US-based VC Battery Ventures.
Julian Carrera returns to Palamon
Julian Carrera has returned to Palamon Capital Partners as a principal.
Electra buys LDC-backed Davies Group for £60m
Electra Partners has acquired claims management specialist Davies Group from LDC for £60m.
Sun European takes struggling Alexon private
Sun European Partners has acquired UK-based fashion group Alexon from administrators, following its delisting from the London Stock Exchange.
KKR hires ex-Asda chief as senior adviser
KKR has appointed former Asda chief executive Tony De Nunzio as a senior adviser.
SSE et al. back Aquamarine with £7m
SSE Venture Capital, the venture unit of Scottish and Southern Energy, has participated in a £7m funding round for its wave energy portfolio company Aquamarine Power.