UK / Ireland
Silverfleet invests in Aesica Pharmaceuticals
Silverfleet Capital has acquired a majority stake in biotechnology company Aesica Pharmaceuticals from LDC.
SEP leads £3m investment in Exco inTouch
Scottish Equity Partners (SEP) has led an initial £3m investment in Exco inTouch, a provider of mobile patient communication and management solutions for the pharmaceutical and healthcare sector.
Buyout firms get to grips with pension risks
Pension liabilities are of increasing concern to buyout practitioners, who need to mitigate risks and ensure they can reach agreement with stakeholders.
Palamon and Electra exit SAV Credit
Palamon Capital Partners and Electra Private Equity have exited sub-prime credit card provider SAV Credit.
Maven backs MBO of Dantec
Maven Capital Partners has backed the management buyout of UK-based hose manufacturer Dantec Hose Limited.
BPE sells FirstAssist; Ninth exit in 2011
Barclays Private Equity has sold FirstAssist Insurance Services Ltd. for £71m to healthcare provider Cigna.
European Commission proposes transaction tax
The European Commission has formally proposed implementing a tax on all financial transactions to help plug the EU’s finances.
MTI invests in university spinout BiOxyDyn
MTI has invested £650,000 in university spinout and medical imaging company BiOxyDyn.
Miliband launches fresh attack on private equity
The private equity industry has once again come under fire from Britain’s politicians, accused of asset stripping by Labour leader Ed Miliband.
Imperial Innovations backs £5m round for Plaxica
Imperial Innovations Group has led a £5m finance round for technology and licensing company Plaxica in return for a 36.5% stake.
Impax closes NEF II at €330m
Impax Asset Management has held a final close of its Impax New Energy Investors II fund at €330m.
Vista Equity Partners agrees to buy Reuters risk unit
Thomson Reuters has agreed to sell its trade and management software business to Vista Equity Partners.
Carlyle backs ITRS Group MBO
Carlyle has taken a majority stake in software company ITRS Group.
Dunedin’s Hawksford acquires Swiss law firm
Wealth-structuring company Hawksford, a portfolio company of Dunedin, has acquired Swiss specialist law firm L-S&S GmbH for an undisclosed amount.
Northern 2 VCT announces new share issue
Northern 2 VCT, a fund managed by NVM Private Equity, will be launching a public offer of new ordinary shares in early November 2011, with a target of raising up to £15m before expenses.
unquote" watch: Take our 60-second survey
After a first half of the year in which the UK private equity market showed encouraging signs of recovery, momentum dissipated in the third quarter.
unquote" Awards - Winners Announced
Last night unquote" hosted its seventh annual Awards ceremony in London.
Beringea exits Onyx Scientific
Beringea has sold its stake in Onyx Scientific to drug manufacturer and exporter IPCA.
unquote” summit: 75% of historical LP base impacted by regulation
Greg Gille reports direct from unquote's 20th anniversary private equity summit in London.
Isis exits Quantix
Isis Equity Partners has sold IT service provider Quantix to Interoute.
unquote" summit: Social returns of PE ‘higher than LP returns’
Susannah Birkwood reports direct from unquote’s 20th anniversary private equity summit in London.
LeBoeuf beefs up restructuring team
Dewey & LeBoeuf has poached a two-partner restructuring team for its London offices from rival law firm Orrick Herrington & Sutcliffe.
‘Crowded market’ prompts fund administration merger
The merger of two firms to create the largest fund administration business in Guernsey has been attributed to the excessive number of companies in the market.
Skadden launches London practice
Skadden, Arps, Slate, Meagher & Flom has launched an investment management practice in London.