UK / Ireland

UK - Joseph Bergin joins NBGI Private Equity from Octopus

Joseph Bergin has joined NBGI Private Equity as director. He will be based in Manchester and will focus on the North of England. Bergin was formerly at Octopus Investments where he was director for their VCT funds. Previously he spent nine years at 3i...

UK - Glitnir strengthens loans syndication team

Glitnir has announced two new hires to strengthen its UK team. Fabritzia Capurro joins as an associate director and Amanda Loughlin as a senior analyst in the London-based Global Loans Syndication team.

UK – Pi Capital pumps £4m into Applied Kilovolts

Small UK buyout specialist Pi Capital has provided £3.93m to Applied Kilovolts to allow the power supplier to acquire Brandenburg, a rival. The deal, which effectively doubles the size of Applied Kilovolts, also sees the firm buy out the minority stake...

EUROPE - EVCA to change its set-up

The European Private Equity and Venture Capital Association (EVCA) today announced at its annual conference in Rome that it is to become an umbrella for three independent groups dealing with large buy-out houses, mid-market buy-out companies and venture...

UK - BVCA’s CEO steps down

Following the poor performance of the British Private Equity and Venture Capital Association (BVCA), executives on Tuesday at the cross-party Treasury select committee’s inquiry, Peter Linthwaite, the BVCA’s beleaguered chief executive, has stepped...

UK - LDC expands its London team

Andy Kilborn, who spent ten years with KPMG advising on mid-market transactions, joins as investment manager and Alex Bowden, previously based at LDC’s Reading office, joins as investment director. They bolster the now eight-strong London team led by...

UK - 3i sells HSS to Aurigo and Och-Ziff

3i has announced the sale of UK tool hire company HSS to Aurigo and Och-Ziff for £310m, generating a multiple of 4x for the investor. 3i acquired HSS in 2004 and during its ownership of the asset re-structured its business model. Hawkpoint Partners...

UK - Duke Street in take-private bid for Oasis Healthcare

Duke Street Capital has offered £76.9m for AIM-listed dental services provider Oasis Healthcare Plc. The offer of 82 pence per-share represents a premium of 74.4% on the closing price. The bid is being financed by a debt package supplied by Barclays...

UK - Midven reaps 12x money on sale of ScriptSwitch

Midven's partial exit of ScriptSwitch last month, a provider of software products to Primary Care Trusts, generated a return of nearly 12 times for the investor, with an IRR of 67%. As reported on unquotenews.com , ISIS Equity Partners completed a £9.9m...

UK - HgCapital sells IRIS and CSG in £500m deal

HgCapital has sold IRIS Software, a provider of software to accountacy practices, and Computer Software Group (CSG), a provider of software to legal practices, to Hellman & Friedman for £500m. Hellman & Friedman plans to merge the two entities. HgCapital...

IRELAND - Adaptive Mobile raises $14m

Doughty Hanson has led a $14m financing round in Dublin-based Adaptive Mobile. Kuwaiti investor Noor Financial Investment Company also participated in the funding round, as did existing investor Inter Capital.

UK - Compass Partners sells Eco to Luvata

London-based private equity firm Compass Partners has sold heat-transfer coils and coolers manufacturer Eco to Luvata, a supplier of fabricated metal solutions owned by Nordic Capital.