UK / Ireland
Lyceum buys EAT from Penta Capital
Lyceum Capital has acquired a controlling stake in UK takeaway food chain EAT from Penta Capital.
Nauta Capital leads £4m Basekit round
Spanish private equity firm Nauta Capital has led a £4m series-A round of funding for Wales-based software company Basekit.
Electra acquires Daler-Rowney
Electra Partners has backed the buyout of fine art materials supplier Daler-Rowney with a £26m investment.
Apollo listing raises $565m
Apollo Global Management has raised $565m in a delayed IPO.
Inflexion acquires Phlexglobal
Inflexion Private Equity has backed the management buyout of healthcare support services provider Phlexglobal.
Lyceum injects £50m in Access UK
Lyceum Capital has invested £50m in business management and accounting software provider Access UK.
Electra Partners appoints new chief investment partner
Private equity firm Electra Partners has appointed Alex Fortescue as chief investment partner.
Baird adds managing director to its London team
International investment bank Baird has appointed Vinay Ghai as a managing director to its London team.
Gimv et al. exit Psytechnics
Gimv, New Venture Partners and DFJ Esprit have sold software company Psytechnics to Nasdaq-listed Netscout Systems.
Endless acquires TJ Hughes
Private equity house Endless has acquired TJ Hughes for an undisclosed amount in a secondary buyout from Silverfleet Capital.
Takeover Code: To bid or not to bid?
Proposed changes to the UK Takeover Code, aimed at giving companies better protection from hostile bids, look set to be adopted. If approved, the changes could have a severe impact on the private equity community, possibly ruling them out from public...
Bowmark backs Glenside management buyout
Bowmark Capital has acquired independent neurological rehabilitation centre Glenside.
Duke Street buys Wagamama from Lion Capital
Duke Street has acquired UK fast-food chain Wagamama from Lion Capital for an undisclosed amount.
Cinven looking to raise €5bn fund
Private equity firm Cinven is reported to have started fundraising for its fifth buyout fund, targeting €5bn.
UK Budget 2011: Tax reliefs welcomed by PE community
A bigger than expected cut in corporation tax and further support for EIS and VCT schemes are likely to be welcomed by the British private equity and VC community.
Endless fully exits Amco
Turnaround specialist Endless has fully exited UK engineering business Amco, by selling its Drilling and Developments branches back to management for £14m.
Advent hires operating partner
Advent International has appointed Christopher Fraser to its operating partner programme.
Private equity eyes CarTrawler
CarTrawler has received interest from a number of private equity buyers in its €100m sale.
UK & Ireland unquote" 21 March 2011
Alpha is strongest in private equity deals with active ownership; particularly when frequent interaction with – and even changing of – management is involved.
MML Capital’s Exploration Logistics merges with MEDEX
MML Capital Partners’ portfolio company Exploration Logistics Group has merged with MEDEX Global Solutions to form Frontier MEDEX Group.
Enterprise Ventures invests £8.7m in Trekmates
Enterprise Ventures has led an £8.7m funding round for Nottingham-based outdoor brand Trekmates.
BPE’s Femcare sale generates 2x return
Barclays Private Equity (BPE) has sold Femcare Group Limited to Utah Medical Products Inc for £25m.
ECI acquires Fourth Hospitality
UK mid-market private equity firm ECI Partners has acquired software as a service provider Fourth Hospitality as part of a management buyout transaction.
3i's Chorion looking to buy Hit Entertainment
3i is looking to merge its media content company Chorion, which holds rights of authors including Agatha Christie and Enid Blyton, with Apax Partner's Hit Entertainment, according to reports.