UK / Ireland
CBPE hires Arma to sell Xceptor
Xceptor recorded group revenues of £27m and EBITDA of £10.8m for the year ending on 31 July 2020
Spectrum invests $51m in Quantile
Spectrum's managing director, Mike Farrell, will join the company's board of directors
G-Square acquires Diagnostic Healthcare
Vendors were looking to achieve a 10x EBITDA multiple; Diagnostic Healthcare's projected EBITDA is £3m
Total acquires PCML for EV of £20m
KPMG acted as financial adviser on the sale of the precision engineering business
Foresight invests £5m in PlantExpand
Debt funding for the transaction was provided by Santander Growth Capital
NorthEdge invests in Helios
Following the transaction, the company plans to expand in both the UK and internationally
Vitruvian invests €100m in Carne
GP is currently investing from its fourth-generation fund, which closed on €4bn in July 2020
THI acquires road markings specialist WJ Group
WJ has a joint venture in Belgium, which it plans to grow, in addition to the firm's UK footprint
Volpi II closes on €323m
Founder Crevan O'Grady discusses the process and strategy with Katharine Hidalgo
LSP launches €150m fund dedicated to dementia treatment
Vehicle invests in companies that are developing drugs for neurodegenerative diseases
IK sells minority stake in Third Bridge to Astorg
IK Investment Partners has entered into an agreement to sell its minority stake in Third Bridge to French private equity firm Astorg.
SilverTree acquires Orbus
Headquartered in London with offices in New York and Sydney, Orbus will make several new board appointments
BGF invests in Cirrus
NatWest Growth Capital will provide a loan to support the contact centre company
Investec holds first close for PDF I on €165m
Investec has originated more than €5bn in loans across 200 transactions in the last decade
Volpi II closes on €323m
Volpi secured backing from existing investors, as well as new European and US-based institutions
Mobeus sells Bourn Hall to Canadian investor Triangle Healthcare
Fertility clinic Bourn Hall generated revenues of £10.9m in 2019, down from £12m in 2018
Inflexion exits Bollington Wilson to trade
GP formed the company by merging two insurance brokers in 2017, investing via Inflexion Buyout IV
Magenta invests in Maker&Son
Magenta Partners Fund II, the firm's latest fund, held a final close on £60m in August 2017
BlackRock et al. back Immunocore in $75m series-C
Biotech company has raised $620m in equity and debt since being founded in 2008
August Equity acquires Business Systems
Geoff Love, former chief executive officer of Commify, joins the company as executive chairman
Sixth Street closes second European direct lending fund on €1bn
Predecessor fund Specialty Lending Europe I closed on €800m and had invested €946m across 18 companies
Livingbridge promotes Titmuss to partner
James Titmuss has previously worked in corporate finance at Oriel Securities and HSBC Investment Bank
Edge hires Andrews as CIO
Simon Andrews joins from BGF where he was an early-stage investor; prior to that, he worked at Octopus Ventures
Blackstone, Carlyle in talks to take Signature Aviation private
Blackstone is currently investing from Blackstone Capital Partners VIII, which closed on $26bn