UK / Ireland
Advent sells Sophis to Misys
Advent International has agreed to sell Sophis to Misys for an equity value of €273m.
Syntaxin receives £18m investment
Lundbeckfond Ventures, Seventure and Ipsen have taken part in a series-C round of financing for biopharmaceutical company Syntaxin.
GE Capital promotes Paul Scott
GE Capital has appointed Paul Scott as both chief investment officer and head of sponsor coverage for leveraged finance in the EMEA region.
Bowmark Capital strengthens investment team
Mid-market private equity firm Bowmark Capital has recruited Richard Mathews as partner and Dylan Bourguignon as investment director.
Permira-backed New Look "open-minded" on flotation
Fashion retailer New Look - backed by Permira and Apax - said it remained "open-minded" on IPO prospects following the holiday season.
LDC secures partial exit from Virgin Racing
LDC has reached an agreement with Marussia that will see the Russian supercar manufacturer take a shareholding in F1 team Virgin Racing.
Penta-backed SpiriTel acquired by Daisy plc
Daisy Group plc has wholly acquired listed communication services company Spiritel, owned by Penta Capital, for an enterprise value of £37m.
Asia’s growing importance in European M&A
The sale process surrounding 3i portfolio company Hyva would not only be a major exit for the investor, but demonstrates the increasingly global nature of M&A. The proposed €600m sale has received interest from not only European private equity houses,...
Balderton-backed Hut Group acquires Lookfantastic
Online retailer The Hut Group has raised £18.5m from existing investors to finance the £19.4m acquisition of the Lookfantastic Group.
Consortium invests £4m in Vivacta
A consortium, consisting of HBM BioVentures, IDInvest Partners, Spark Ventures and Viking, has invested £4m in medical diagnostics company Vivacta Limited.
A new dimension
Although the secondaries market has increased substantially in size over the past few years, little progress has been achieved in making transaction processes more efficient and transparent. This could be about to change as Emanuel Eftimiu finds out.
KKR on the lookout for Chrysalis
KKR is among the potential buyers for British music publisher Chrysalis, according to media reports.
US and UK law firms announce combination
US-based Squire, Sanders & Dempsey L.L.P. and UK-based Hammonds LLP have combined to create a new global legal practice.
WHEB Ventures becomes WHEB Partners
Cleantech-focused venture firm WHEB Ventures has changed its name to WHEB Partners to reflect its growth over the past three years.
Apax tech disposal marks venture exit
Apax Partners has sold much of its remaining venture portfolio, marking its exit from European early-stage investing. While it was once one of the largest investors in UK venture, the firm has been winding down its early-stage operations for many years.
IQ Capital et al. invest £3.83m in Sirigen
A consortium of investors led by IQ Capital has injected £3.83m in UK medical equipment company Sirigen.
Matrix acquires stake in RDL
Matrix Private Equity Partners has invested £5m in recruitment specialist RDL, according to reports.
Doughty Hanson to buy Vue for £450m
Doughty Hanson is to acquire UK cinema chain Vue Entertainment from its management, Cavendish Square Partners, and Och-Ziff Capital Management Group funds, in a deal that values the company at £450m.
Freshfields appoints joint sector group leader of financial institutions group
Law firm Freshfields Bruckhaus Deringer has appointed Andrew Hart as joint sector group leader of its global financial institutions group (FIG).
British Private Equity Awards: Winners announced
Last night, unquote" hosted the sixth British Private Equity Awards in London.
The Silver Lining
The cost of the recession to private equity has been all too evident, but is there a silver lining? As we move into a period of increased movement on the exit front, some investors believe a greater understanding of what makes portfolio companies tick...
Impax announces second closing of new fund
Impax Asset Management Group plc has announced the second closing of its European renewable energy fund Impax New Energy Investors II, having raised €259m of commitments.
Oakley Capital acquires BDOIM
Oakley Capital Private Equity has acquired 88.4% of BDO Investment Management (BDOIM), in a deal that values the company at £14m.
Dunedin announces senior hire
Dunedin has appointed David Williams as a director in its London office. He will be responsible for sourcing and executing new investments for the company’s £250m buyout fund.