UK / Ireland
UK - Bank of Scotland Corporate backs Domia funding round
Bank of Scotland Growth Capital has invested £106,000 into energy management specialists Domia Ltd as part of its co-investment programme with business angel network Oxford Investment Opportunity Network (OION), which invested an equal sum and led the...
UK - BC Partners chairman steps down
BC Partners chairman Jens Reidel is to step down with immediate effect, reports suggest.
UK - Infinity buys Flextex
Infinity Asset Management has acquired packaging producer Flextex as part of a management buy-in for an undisclosed sum.
UK - Close Brothers appoints managing director
Close Brothers Corporate Finance has appointed John Paul McGrath as managing director.
GLOBAL - Secondaries pricing dips to five year low
Pricing of limited partnership interests on the secondaries market dipped to its lowest level for five years in H2 2008, with the average high bid falling to just 61% of NAV according to the Winter 2008 Secondary Pricing Analysis Interim Update , produced...
UK - Braveheart further supports Tayside
Braveheart has further supported Tayside Flow Technologies in a £1m round of funding, completed alongside Scottish Enterprise, private investors and company management.
IRELAND - US Private Equity shows interest in Waterford Wedgewood
Deloitte, the administrators of failed china maker Waterford Wedgewood, is reportedly in talks with at least three US-based private equity houses regarding a potential sale.
UK - Acacia et al. invest $7m into Mirics
Acadia Capital Partners, Intel Capital and Pond Venture Partners have invested $7m into fabless semiconductor company Mirics Semiconductor.
UK - HgCapital sells Orbiscom for $100m
HgCapital has sold payment solutions provider of Orbiscom to Mastercard for approximately $100m.
UK - KCP-backed Pandora acquires Badger
Pandora Books, a supplier of school books backed by Key Capital Partners (KCP), has acquired rival business Badger Publishing Ltd from EDCO, the Irish educational publishing division of Smurfit Kappa Group Plc, for an undisclosed sum.
UK - Indigo sells Sorex
Indigo Capital has wholly exited its holding in pest control company Sorex Holdings Ltd in a trade sale to German chemical group BASF for an undisclosed sum.
UK - Amadeus makes trio of promotions
European venture house Amadeus Capital Partners has promoted Jeppe Zink to partner and Bill Earner and Pat Burtis to investment managers.
UK - EPIC acquires Whittards
Specialist tea and coffee retailer Whittard of Chelsea has been bought by EPIC Private Equity for an undisclosed sum.
UK - LCA increases Proven stake
Low Carbon Accelerator Ltd (LCA) has increased its interest in Proven Energy, a manufacturer of small-scale wind turbines, through a new investment of £800,000 and the conversion of a £700,000 loan into equity. The deal takes LCA's total investment...
EUROPE - Shearman & Sterling promotes 12 to counsel
International law firm Shearman & Sterling has promoted 11 lawyers to counsel and one to European counsel.
UK - ECI completes £115m sale of Racal
UK mid-market buyout house ECI Partners has wholly exited its investment in Racal Acoustics, a provider of specialist hearing protection and communications products, in a £115m sale to strategic buyer Esterline Technologies Corporation.
UK - Augentius appoints new partner
Augentius Fund Adminstration has promoted Ian Kelly to partner.
Permira's plight
Permira is letting its investors scale back. Reactions are mixed
How low can you go?
Preliminary figures released by unquote" colour in a picture we've all had sketched for some time - a rapidly imploding buyout market in the UK and beyond. Across Europe buyouts were down more than 60% to just over EUR71bn in 2008, according to the European...
UK - SVG placing raises £70m
SVG Capital Plc has announced that it has raised £70m through the placing of new ordinary shares.
UK - Abingworth raises £84m co-investment fund
International life sciences and healthcare investor group Abingworth has closed an £84m co-investment vehicle, Abingworth Bioventures V Co-Invest Growth Equity Fund LP, which is designed to invest alongside Abingworth Bioventures V and brings the total...
UK - Advent Venture sells Thiakis
Advent Venture Partners has sold biotechnology company Thiakis Ltd to Wyeth Pharmaceuticals for £100m.