UK / Ireland
UK - Enterprise Equity invests EUR 1.7m into Kelsius
Enterprise Equity has completed a EUR 1.7m investment into Kelsius, a provider of remote temperature monitoring solutions.
UK - RJD-backed Comtec makes third acquisition
RJD Partners-backed Comtec Group Ltd has acquired Pro EQ Ltd, a developer of iSys CRM software.
UK - Lyceum buys Carewatch for £37m
Lyceum Capital has agreed to acquire social health care provider Carewatch Care Services from its current owner Nestor Healthcare Group Plc in a £37m deal.
UK - ARCIS closes ESD Fund IV on EUR 354m
ARCIS Group has held the final closing of ESD Fund IV on EUR 354m.
UK - Bank of Scotland supports £800,000 GEO investment
Bank of Scotland Corporate's growth capital team has invested £250,000 in energy efficient monitor developers Green Energy Options (GEO) as part of an £800,000 funding round.
GLOBAL - HIG appoints former Apax exec
HIG Capital has appointed Tim Armstrong as managing director.
UK - HSBC Private Equity hires investment manager
HSBC Private Equity has hired Basil Sakellis as investment manager.
UK - Darwin hires Katie Beck
Darwin Private Equity has hired Katie Beck to its investment team.
UK - Darwin closes maiden fund on £217m
Darwin Private Equity has closed its inaugural fund, Darwin Private Equity I LP, on £217m.
Buy now, while stocks last
Jonathan Broome, director of Close Brothers Corporate Finance Debt Advisory Group, looks at the buying opportunities in the secondary market
UK/GERMANY – Wellington Partners hires Daniel Waterhouse
Wellington Partners has strengthened its presence in London with the appointment of the former Yahoo! manager and 3i sector partner Daniel Waterhouse.
What makes a good VC manager?
Dr. Katharina Lichtner of Capital Dynamics gives an insight into the process of selecting a venture capital fund manager
Public debt
Standard & Poor’s plans to publicly rate leveraged loan tranches in excess of €1bn may help get the syndication market moving, but at what cost? Nathan Williams reports
UK - Pentech closes second fund on £45m
Scottish venture capital firm Pentech has reached the final closing of its second fund, Pentech Fund II, on £45m, subtantially exceding the £25m target.
UK - Cardano hires private equity specialist
Cardano, a manager of pension fund assets, has hired Anna Dayn to its investment management team.
UK - NorthStar leads £750,000 Reinnervate investment
NorthStar Equity Investors (NSEI) has led a £750,000 funding round for biotechnology company Reinnervate.
UK - Providence consortium given deadline for Informa bid
The Takeover Panel has given the private equity consortium led by providence Equity Partners until 26 September 2008 to either announce a firm intention to bid for business-to-business information provider Informa or to walk away.
UK - Spark leads investment in Gemini
Spark Ventures has led a £1.4m series-B round of funding for Gemini Biomedical Ltd, a specialist healthcare company, alongside Alliance Fund Managers (AFM).
UK - Sovereign promotes partners
Sovereign Capital has promoted Dominic Dalli, David Myers and Kevin Whittle to partner.
UK - Hipperson joins KKR
Kohlberg Kravis Roberts & CO (KKR) has appointed Simon Hipperson to its infrastructure investment team.
UK - Finance Wales supports £850,000 Leema Acoustics financing
Finance Wales has participated in an £850,000 second round of funding for Leema Acoustics, an audio equipment design and manufacturing company, providing a combined debt and equity package in exchange for a minority stake in the business.
UK - Report suggests increase in bolt-on acquisitions
A survey conducted by BDO Stoy Hayward has found that private equity firms are expecting to complete more bolt-on acquisitions for exiting portfolio businesses in the coming months as the ongoing economic difficulties reduce company valuations.
UK - YFM backs Braham & Murray
The South West Ventures Fund, managed by YFM Group, has invested an undisclosed sum in hemp seed oils and dressings supplier Braham & Murray.
UK - Meritage Funds leads USD 22m Miniweb investment
US-based Meritage Funds has lead a USD 22m funding round for advertising company Miniweb, alongside DeGeorge Holdings III.