UK / Ireland
Blackstone Life Sciences V closes on $4.6bn
Fund invests in late-stage rounds of established life science companies and emerging businesses
YFM backs £17m GHG buyout
Senior debt and a working capital facility are being provided by Triplepoint
GCP sells Chaucer to Apax-backed Bip
With this add-on, Bip expects to create a global advisory company with 3,300 staff and revenues of €350m
Synova-backed Fairstone acquires Mantle Financial Planning
Synova committed £25m to the development of Fairstone in 2016, drawing equity from Synova III
ETF closes Environmental Technologies Fund III on £167m
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
HIG Capital launches HIG European Capital Partners III
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses
Mercia sells NAC to PE-backed LGC for £18m
Mercia held a 29.4% stake in NAC at the date of sale and will receive initial cash proceeds of £4.8m
Nauta Tech Invest V holds €120m first close
Fund deploys tickets of €1-5m in seed and series-A rounds to support European B2B SaaS startups
Highland leads £20m round for Farewill
Highland is currently investing from its Technology Growth III fund, which closed on €463m in 2018
Forbion holds first close for Growth Opportunities Fund
New strategy focuses on pre-IPO capital and capital for undervalued listed life sciences companies
BD-Capital makes debut investment in Symprove
BD-Capital announced its debut fund in July 2019 with a target of €400m
Unquote British Private Equity Awards 2020: last chance to enter
Entries for the 2020 Unquote British Private Equity Awards are due by 11 July at 5pm
Oddo BHF Private Equity Secondaries Fund closes on €358m
Oddo BHF Private Equity Secondaries Fund has a focus on secondary transactions ranging from €5m to €50m
Northzone leads £20m round in Wagestream
Wagestream's platform allows clients' employees to access their pay cheque at any time of the month
Ardian sells stake in Envision
Ardian and GHO have been exploring options with advisers for the sale of Envision since May
Baird Capital promotes two in London team
Michael Holgate has been promoted to partner, while Andy Dyer is now a director
CVC to acquire 14.5% of Six Nations for €450m
In April 2020, CVC delayed a £300m investment in rugby tournament Six Nations due to the coronavirus
CVC hits €21.3bn close for eighth buyout fund
Fund invests equity tickets in the range of €200m-1bn in North American and European companies
B Capital closes second fund on $820m
Fund invests in series-B, -C and -D rounds to support B2B and B2C startups based across Asia, Europe and the US
TnuiCapital to acquire Busaba
Terry Harrison, Busaba Eathai's managing director, is to remain at the helm
Golding holds first close for private debt vehicle
Fund-of-funds has already completed one co-investment and has made a number of primary commitments
Rileys hires FRP to assist with rescue plan
Rileys CEO Craig Mayes confirmed the appointment of FRP to examine options going forward
Intriva acquires Lending Works
Nicholas Harding, chief executive officer of Lending Works, will continue to lead the business
Searchlight-backed GRP acquires Premier Choice
Searchlight Capital bought a majority stake in GRP in February 2020 from Penta Capital