UK / Ireland
Atlas and Octopus inject £3.25m in Zoopla
Atlas Venture and Octopus Investments have provided £3.25m of new funding in property website Zoopla.co.uk.
Last chance to have your say: unquote" end-of-year survey
As 2010 draws to a close the industry can perhaps breathe a sigh of relief. While it has no doubt been a difficult year, unquote.com has noted increased deal completions and more capital flowing into the market.
AXA PE invests £7m in James Hull Associates
AXA Private Equity (AXA PE) has invested £7m in James Hull Associates, a private and NHS dental services provider based in the UK, through its mezzanine fund.
Three bolt-ons for August-backed Funeral Services Partnership
August Equity portfolio company Funeral Services Partnership (FSP) has completed the bolt-on acquisitions of Gillman Funeral Services, A.V. Ridout Funeral Directors and C&T Radmall Services.
Darwin Private Equity makes first exit with Maxinutrition
Darwin Private Equity, founded in 2007 by former executives from Permira and CVC, has made its first exit with the £162m sale of sports nutrition company Maxinutrition to GlaxoSmithKline.
GP relationships under scrutiny
Both GPs and LPs expect average private equity returns to fall by as much as 10%, according to new research. The figures, gathered by bfinance’s Global Private Equity Poll, add weight to suggestions that GPs will need to do more to differentiate themselves...
Apax-backed Travelex sells CPM operations
Travelex, a portfolio company of buyout house Apax Partners, has disposed of its Card Program Management (CPM) operations via a $458m trade sale to MasterCard.
Investors lose stakes in Alliance Medical debt restructure
Senior and subordinated lenders that backed the 2006 tertiary buyout of Alliance Medical by DIC and previous majority shareholder Bridgepoint Capital have reached an agreement over a £570m debt restructuring package.
R Capital in talks over Robinson steelworks
R Capital is close to signing a deal to buy struggling steelwork contractor S Robinson & Sons, according to reports.
Matrix backs £4m MBO of Faversham
Matrix Private Equity Partners has backed the £4m MBO of multimedia business Faversham House Group Limited.
Spanish private equity goes against the grain
Spain has undoubtedly lagged behind the rest of Europe in its race to return to prosperity. However, amidst speculation regarding a national bail-out, the country’s private equity market has shown promising signs during 2010. Susannah Birkwood reports
NBGI’s Richard Morley steps down
NBGI Private Equity partner Richard Morley has announced he has left the firm.
NVM supports MBO of Cawood Scientific
NVM Private Equity has backed the management buyout of Cawood Scientific with a £4m investment.
Maven backs MBO of Attraction World
Maven Capital Partners has acquired the Birmingham-based ticketing solutions provider Attraction World in a £6.9m MBO.
Warburg Pincus-backed Survitec buys Commercial Marine Business
Survitec, a portfolio company of private equity firm Warburg Pincus, has acquired Revere Commercial Marine Business from safety equipment firm Revere Supply.
Iceni Capital backs PR start-up Stockwell Group
Iceni Capital has backed the launch of new PR consultancy Stockwell Group.
Albion appointed as manager of Spark funds
Albion Ventures is to take over the management of the Spark VCT and Spark VCT 2 funds, the firm announced today.
Renewables: A maturing industry?
While the prominence of renewable energy may have faded when the financial crisis erupted more than two years ago, private equity and venture capital investors have continued to show high levels of interest in this developing industry. But what kind of...
Cleantech Invest backs Zonzoo Group
Private equity group Cleantech Invest AG has led a €1.5m funding round for Zonzoo Group together with existing investors StoneFund NV and OakInvest.
DN Capital leads PHG round
Early-stage and growth capital specialist DN Capital has led a first round of funding for Tyne and Wear-based Performance Horizon Group (PHG).
Octopus powers up Diverse Energy with £2m
Octopus Investments has provided UK power generating solutions company Diverse Energy with £2m of early-stage funding.
Dunedin acquires CitySprint
Dunedin Capital Partners has acquired courier business CitySprint for an undisclosed amount.
UK & Ireland unquote" 6 December
Candover Investments has disposed of its wholly owned investment arm to a management-backed entity and sold part of its portfolio, the firm announced this week.
IK's portfolio company Schenck acquires Clyde
IK Investment Partners' portfolio company Schenck Process has agreed to the acquisition of Clyde Process Solutions for £3.33m.