UK / Ireland
UK - AdaptiveMobile secures EUR 4.6m funding
Mobile security and filtering innovator AdaptiveMobile has announced that it has closed a EUR 4.6m first round of funding. Intel Capital, Intel's venture capital investment organisation, led the deal with an investment of EUR 4m. Additional commitments...
UK - Katalyst Ventures invests in UV technology
Katalyst Ventures, the private investor group, has announced that it has led a £319,000 funding round for GB Environmental Ltd, a company that specialises in the deployment of ultra violet (UV) technology for use in both air and liquid environments to...
UK - Northern Trust makes fund administration hires
Northern Trust has appointed Peter Brookman as head of UK fund accounting and Lynne Hill as head of UK transfer agency.
UK - Private equity cautious on pensions
Private equity investors are becoming increasingly cautious about investing in companies with defined pension deficits, according to a survey of mid-market private equity investors carried out by Grant Thornton Corporate Finance.
UK - West Private Equity goes independent
West Private Equity (WPE) has announced that its management team has agreed to acquire the management company of the WPE funds. Following regulatory clearance, WPE will be renamed Lyceum Capital.
UK - Terra Firma strengthens team for Thames Water bid
John Roberts, a former chief executive at United Utilities, has joined Terra Firma as an adviser to help on its planned bid for Thames Water.
GLOBAL - JPMorgan sells private equity portfolio
Press reports confirm that Goldman Sachs Asset Management and the Canada Pension Plan Investment Board have co-led the secondary purchase of a US$925m stake in the JPMorgan Partners Global Fund from JPMorgan Chase.
UK - Black Diamond expands in UK
Black Diamond, the US alternative assets firm, is opening a new office in London.
UK - LMS to spin off venture division
London Merchant Securities (LMS), the property group, is set to become a real estate investment trust (Reit) once it has spun-off its venture capital arm as a new Aim-listed company called Leo Capital.
UK - Tom Wrenn joins ECI Partners
ECI Partners has announced the appointment of Tom Wrenn as investment executive.
UK- Veronis Suhler Stevenson acquires Granada Learning
Veronis Suhler Stevenson has acquired UK-based educational publishing business Granada Learning from ITV.
UK - Ingenious Ventures exits Lionhead Studios
Ingenious Ventures, the private equity arm of Ingenious Media, has realised its investment in Lionhead Studios, a leading video game developer, through a sale to Microsoft Game Studios.
UK - 3i’s Nolan to assume UK buyout leadership role
3i has announced that its pan-European buyout business has given responsibility for its UK buyout operations to Ian Nolan.
UK - LDC backs buyout of National Accident Helpline
LDC has backed the management buyout of National Accident Helpline (NAH) – the UK’s biggest personal injury claims management company.
UK - Primary backs FoneStarz in £4m development funding
Primary Capital has backed mobile content specialist FoneStarz Media Group Ltd with £4m of development funding and taken a 50% stake in the company.
UK - North West Equity Fund invests in Malagasy
North West Equity Fund has led a £150,000 round of funding for Malagasy Ltd. Debt was provided by HSBC and Rosebud Fund.
UK - Duke Street invests £100m in Food to Go
Duke Street Capital has acquired Food Partners, a leading supplier of pre-packed sandwiches to food service operators in the UK.
UK - Hg announces new appointments
HgCapital has announced five new appointments and the establishment of a services sector team to be lead by Robin Lincoln.
UK - The Capital Fund supplies Maison Brillant with £475,000
Maison Brillant has secured £475,000 in expansion financing from The Capital Fund. The company plans to use the funding to extend its production capacity and is set to open a French bakery cafe in London-based Harvey Nichols Food Hall.
UK - Atlas Venture-backed Renovo lists on LSE
Renovo, a spin-out from Manchester University, has listed on the London Stock Exchange today. The floatation raised £50m. Atlas Venture provided seed financing to the company in 2000, assisting Professor Mark Ferguson with the university spin-out. Atlas...
UK - Mike Gillespie to lead Bank of Scotland Integrated Finance in the regions
Bank of Scotland Corporate has announced that Mike Gillespie has been appointed to the newly created role of head of integrated finance for the regions, leading the bank’s buy-out teams based in a network of six offices throughout the UK.
UK - Ingenious Media Active Capital Ltd announces its flotation on AIM
Ingenious Media Active Capital Ltd has announced its successful fundraising of 150 million ordinary share at a price of £1 each to raise £150m before expenses. Admission of the ordinary shares to trading on AIM is expected to occur on 11 April 2006...
UK - Phoenix appoints David Hamid as chairman of Nationwide Autocentres
Phoenix Equity Partners has announced that David Hamid has been appointed chairman of Nationwide Autocentres. Nationwide, the UK’s leading independent MOT and car servicing specialist, was acquired by Phoenix in February 2006.
UK - Shore Capital completes VCT fundraising
Shore Capital Group Plc, the investment bank focused on equity capital markets and alternative asset class funds, has announced that it has raised £39m for its Puma VCT III and IV.