UK / Ireland
UK - CBPE exits BWA Water Additives
Close Brothers Private Equity (CBPE) has sold BWA Water Additives, a developer of speciality branded chemicals for the water treatment market, to United International Bank BSC, an investment bank based in Bahrain, for an undsiclosed sum.
UK - EVCA appoints new head of communications
The European Venture Capital Association has hired Ross Butler as its new head of communications.
UK - MEP to sell MFI to management
Reports suggest that Merchant Equity Partners-backed kitchen and bathroom retailer MFI Retail Ltd is to be bought back by its management team for around £25m, saving it from collapse.
UK - Vision appoints COO
Vision Capital has appointed David Robinson as chief operating officer
UK - Survey reveals increasing role of advisors in deal origination
A new survey conducted by BDO Stoy Hayward confirms that company advisors are growing in importance in terms of deal origination, with 80% of UK-based private equity-backed businesses answering that they sourced their investment via a professional advisor...
UK - Barclays Ventures invests £5.5m into AWS Group
Barclays Ventures has completed an investment of £5.5m into AWS Group, a provider of specialist electronic manufacturing services, alongside a banking package from Yorkshire Bank.
UK - Lyceum appoints four executives
Lyceum Capital has appointed Simon Hitchock, Duncan Green, Humphrey Baker and Ian Williams to its investment team.
UK – Sun Capital-backed SSG acquires French arm of G4S
According to reports, Security Services Group, which is backed by US investor group Sun Capital Partners, has acquired the French arm of security firm G4S in a deal thought to be worth £50m.
EUROPE - 3i reports 40% drop in new investments
3i Plc has announced a year-on-year drop of almost 40% in new investments for the five months to 31st August, which fell to £622m in 2008 compared to more than £1bn for the same period in 2007.
UK - LCI appoints new executive director
Low Carbon Investors (LCI), the investment management company for Low Carbon Accelerator, has appointed Andrew Affleck, co-founder and managing partner of Devonshire Capital, as executive director.
EUROPE - Permira hires new senior adviser
Permira has hired David Williams as a senior adviser in the industrial and product services sector.
EUROPE - Kleinwort Benson appoints new head of alternative assets team
Kleinwort Benson has appointed Alexandre Pigault as new head of alternative assets research.
EUROPE - Private equity attracted to logistics
According to a new study by PricewaterhouseCoopers, private equity buyers are increasingly targeting investments in the transport distribution and logistics sectors.
UK - Dunedin promotes Strang
Dunedin has promoted Dr Jim Strang to head up the firm's new private equity fund investment programme, Dunedin Enterprise Investment Trust Plc.
UK - Ashurst appoints senior partner
Ashurst has appointed Charlie Geffen as new senior partner. The appointment is effective as of 1 January 2009.
UK - Finance Cornwall supports Lanish Group
Finance Cornwall has invested an undisclosed sum into Lanish Group, operator of the five star Gwel an Mor holiday resort in Portreath. Bill Haslam, the majority owner of the business, has also invested.
UK - Palamon hires Peter Currie
Palamon Capital Partners has appointed Peter Currie to its board of advisers.