UK / Ireland
Great Hill acquires Notonthehighstreet
Great Hill has previously acquired online marketplaces Wayfair and TheRealReal
Goodwin hires partner O'Dea
O'Dea's appointment follows expansion of the firm's practice in London in 2020
Silver Lake, Nestlé lead €3.5bn investment in IVC Evidensia
Existing owner EQT partially exits its stake from EQT VII, but reinvests through EQT IX
Levine Leichtman promotes O'Neill to head of Europe
O'Neill joined Levine Leichtman in 2015 from Graphite Capital, where he was a partner
YFM sells CPMS for 2x return
In 2018, YFM funded an MBO of CPMS with a £4.5m investment from its first buyout fund
Finch holds first close for third European fintech fund
New fund is targeting €150m and will double down on AI-enabled fintech companies in Europe
VCs back Hoxton Farms in £2.7m round
Hoxton Farms intends to create an edible fat from plant-based ingredients
Epiris-backed James Hay to take Nucleus private for £145m
James Hay is using financing made up of equity drawn down from the Epiris Funds and debt from Ares
Kester Capital backs Optibrium
GP invests in the company via its second fund, which closed on its £90m hard-cap in August 2020
MML acquires Western Global in £90m deal
MML has completed 15 transactions in the last 12 months, according to a statement
Rutland backs infrastructure service JSM
JSM represents the 10th investment from Rutland Fund III, which closed on £263m in January 2015
Inflexion reinvests in BES
Rothschild was appointed to run a sale process to select a minority investor for the company
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Vespa Capital acquires SelectScience
GP is currently investing via Vespa III, which held a final close in February 2020 on £150m
Oaktree invests £200m in RedCat
It is expected that the company will raise an additional £300m in debt, according to the Daily Telegraph
Soleus leads $35m series-C extension for Inivata
Investment will primarily be used to accelerate the clinical development and rollout of RaDaR
Moonfire leads $2.2m round for Mindstone
Zanichelli Venture and NexD also participated in the round, as well as a series of angels
ICG appoints Laurant as co-head of special situations
Laurant previously worked at Pimco, where he founded and ran the European credit opportunities platform
Foresight prices IPO at £455m market cap
Trading for the UK-based multi-asset fund manager commenced on 4 February 2021
BGF sells Renal Services
During BGF's holding period, James Buckley joined the company as non-executive chairman
GHO appoints Miller, Hamilton-Fairley as operating partners
GP is currently investing from GHO Capital II, which closed on €975m in November 2019
Abingworth Bioventures 8 closes on $465m
ABV 8 targets companies developing innovative therapeutics, with investments across the US, UK and continental Europe
Harwood takes stake in PLT alongside Firmament
Founder Peter Flanagan will continue to lead the business alongside Brian Connolly
Rockpool invests in EA-RS
Andrew Aylwin, managing partner of MDW Capital and former partner at Lyceum Capital, joins the board of EA-RS