UK / Ireland
UK - Daniel Waterhouse leaves 3i
Reports suggest that 3i sector partner Daniel Waterhouse is leaving the firm.
UK - Oxford Capital exits Infobasis for USD 5m
Oxford Capital has sold its stake in human resources software specialist Infobasis to Nasdaq-listed HR and data software provider Salary.com Inc in a USD 5m deal.
UK - Alchemy completes £90m Noonan acquisition
Alchemy Partners has acquired cleaning company Noonan Services Group in a deal valued at over EUR 90m.
UK - Clayton, Dubilier & Rice acquires BTG for £417m
Clayton, Dubilier & Rice has agreed to acquire Bodycote Testing Group (BTG), the materials testing subsidiary of Bodycote Plc, in a deal valued at around £417m.
UK - GI Partners acquires Care Aspirations
GI Partners has acquired mental health services group Care Aspirations, in a deal believed to be worth between £60m and £70m.
UK - GfK and Apax pull out of TNS bid
Reports suggest that talks between German market research group GfK and Apax Partners regarding a potential bid for UK-based market research business TNS fell apart last night over price.
UK - NorthStar leads £500k investment in Durham Pipeline Technology
NorthStar Equity Investors (NSEI) has led a £500,000 investment into pipeline maintenance company Durham Pipeline Technology (DPT), alongside Enterprise Ventures (EV) and senior management.
UK - Realpubs to expand
Brockton Capital-backed Realpubs is expected to announce a deal with an undisclosed rival pub chain to buy five freehold pubs, reports suggest.
UK - HSBC Private Equity appoints two
HSBC Private Equity has hired Grant O'Neill as investment manager and Helen Posner as associate.
UK - BC Partners calls on Rothschild
BC Partners has brought in NM Rothschild to help it restructure the debt of portfolio company Foxtons, an estate agency.
IRELAND - Delta invests EUR 2.5m into Luzern Solutions
Delta Partners has invested EUR 2.5m into e-commerce platform Luzern Solutions Ltd.
GLOBAL - First Reserve to invest in nuclear venture
According to reports, US group First Reserve, which specialises in the energy sector, will reveal plans later this week for an investment worth hundreds of millions of dollars into Accord Nuclear Resources, a nuclear fuel venture headed by two uranium...
UK - TPG walks away from Paragon
TPG has walked away from a potential investment in troubled buy-to-let mortgage lender Paragon, with reports claiming that the investor did not foresee enough incentives to go through with a deal. The news comes following the investor's decision in recent...
UK - Cavendish hires new partner
Cavendish Capital Advisors has hired Simon Ramery as partner.
UK - YFM invests in Mobile Safety Solutions
YFM Group, through its Yorkshire & Humber Equity Fund, has invested an undisclosed sum in mobile technology software business Mobile Safety Solutions.
EUROPE - SL Capital reaches fourth closing on EUR 520m
SL Capital Partners has reached the fourth closing of its European Strategic Partners 2008 (ESP 2008) fund-of-funds on EUR 520m.
GLOBAL - Private equity drawn to distressed debt
Reports suggest that private equity firms with large pots of capital from recent fundraising efforts are taking advantage of the current market conditions by acquiring increasing amounts of distressed debt from banks.
UK - YFM invests £250,000 into MyKnowledgeMap
YFM, through its Yorkshire & Humber Equity Fund (YHEF), has invested £250,000 in e-learning company MyKnowledgeMap.
IRELAND - Cinven withdraws Elan offer
Cinven has reportedly dropped out of the auction to acquire Elan Drug Technologies (EDT), the drug delivery unit of biotechnology company Elan Corp Plc.
UK - Close Brothers appoints in Manchester
Corporate finance house Close Brothers has appointed Dan Sheahan as director to its newly established Manchester office.
UK - BankInvest leads £6.3m F2G funding
Danish venture capital firm BankInvest Biomedical Venture has led a £6.3m investment into F2G Limited, an antifungal drug discovery and development company, in a fifth financing round. Merifin Capital, Astellas Venture Management and K Nominees also...
UK - AFM backs £1.8m Anaco MBO
Alliance Fund Managers has backed a £1.8m management buyout of building façade manufacturer Anaco Systems Ltd, providing a £400,000 mezzanine investment from its MSIF Mezzanine Fund.
UK - Bank of Scotland Corporate backs APA Parafricta
Bank of Scotland Corporate’s Growth Capital team has invested £115,000 into APA Parafricta Ltd, a developer of low-friction products for the medical sector, as part of a £230,000 funding round.
UK - Endless acquires Crown Paints
Turnaround specialist Endless has announced the acquisition of paint producer Crown Paints from Dutch company AkzoNobel in a management buyout reported to be worth in the region of £70m.