UK / Ireland
PE roll-up strategies face regulatory heat with focus on consumer industries
With longer holding periods facilitating more bolt-ons, regulators including the UK's CMA are intervening
MJ Hudson business divisions acquired by Apex Group
Sale follows suspension of listed UK-headquartered asset management service provider’s shares in December 2022
DC adds to secondaries practice with former Mercury Global hire
Sabina Sammartino joins the investment bank around six months after its GP-leds team was launched
Alcentra revives direct lending push with multi-billion fundraising drive
Direct lender registered its fourth European fund in Luxembourg in January 2021
Inflexion sells GP stake to Hunter Point Capital
10% stake in UK-based midmarket sponsor is the first European deal for US-based GP stakes investor
GP Profile: Metric Capital confident of structured capital strategy demand with multiple exits in pipeline
UK-based sponsor banks on appeal of its strategy as an alternative to private equity and debt providers
KKR holds USD 8bn European Fund VI buyout fund close with 12.5%-plus GP commitment
European Fund VI will deploy equity tickets of EUR 250m-750m in six core sectors
ECI reaps 2.7x return on 4ways sale to EQT-backed Evidia
Sale process for UK-based teleradiology platform had been running since September 2022
V.Group sponsor Advent explores strategic options, appoints Goldman Sachs and Jefferies
Sponsor bought the UK-based marine servicing firm from OMERS Private Equity six years ago
Sun European Partners appoints DC Advisory for Wescom sale
Sponsor bought the UK-based marine and defence pyrotechnics manufacturer from PE-backed Drew Marine in 2020
Bowmark Capital distributes IMs for Lawyers On Demand exit
GP backed the MBO of the UK-headquartered legal services and tech consulting platform in 2018
VC Profile: Target Global assesses B2B opportunities in final stretch of current fund deployment
Nearing full deployment for its second growth fund, pan-European VC firm outlines plans to back defensive B2B models and institutionalise its co-investment strategy and LP base
EQT closes LSP Dementia on EUR 260m hard cap
Series A-focused fund exceeded its EUR 100m target and extended fundraising after increased LP interest in its strategy
Armen eyes 2023 final close for debut fund after first close and stake sale
Sponsor sells 20% stake in itself to family offices as EUR 400m fundraise continues
Half of LPs allocating to impact from generalist pool as market matures – Rede Partners
Jeremy Smith and Kristina Widegren speak to Unquote about key takeaways from the private capital adviser’s Private Markets Sustainability and Impact Report
Alantra reshuffles investment banking division headed by new CEO
Miguel Hernández takes on CEO role after more than 20 years with the financial advisory firm
Sofinnova launches digital medicine strategy
Life sciences sponsor’s sixth strategy will deploy EUR 2m-EUR 8m tickets in seed and Series A
Synova’s Clyde Munro exit parked in waiting room
Dental clinic sale could resume with improved macro conditions and after post-acquisition trasing plays out
GP Profile: BGF to deploy GBP 500m-plus per year for minority growth deals with entrepreneurs
UK and Ireland-based growth investor remains committed to filling a market gap for founders who want flexibility and control
European sponsors sidestep panic, concede gloom over bank woes
Fallout from Credit Suisse collapse adds to slew of macroeconomic challenges for PE dealmaking and fundraising
Inflexion sells The Goat Agency to trade, nets 80% IRR
GP sells minority stake in UK-based social media marketing agency after two year investment period
Deals face further financing uncertainty after Credit Suisse rescue
Delayed return of stabilized M&A conditions expected, advisors say; mid-cap transactions stand to fare best
Great Hill opens London office to expand activity in Europe
Managing director Drew Loucks will head Boston-based PE firm’s new arm
Lenders sway fate of auctions in volatile LBO market
Vendors increasingly sounding out lenders before bidders to navigate uncertain M&A landscape