Financials
Advent’s Equiniti valued at £495m in IPO
London listing values company at bottom of £495-600m range
Northzone’s mCash sells Norwegian operations
VC will not realise any value or receive cash from sale
PE-backed WorldPay lists in largest London IPO of 2015
Flotation values payment technology business at £4.8bn
Goldman Sachs' Hastings lists in £1.1bn IPO
Company raises £210m in proceeds
Cinven sells Guardian to Admin Re for £1.6bn
Fourth Cinven Fund exits four years after £275m MBO
PE-backed WorldPay to list in October
Payments company intends to raise c£900m
BlackFin acquires Sagard’s Santiane
SBO is financed via GP’s €350m second fund
Pragma backs MBO for NACC
Second deal for the GP’s third fund
Compte Nickel raises €10.2m from Partech et al.
Business understood to have raised more than €30m since 2014
AnaCap makes £116.9m in Aldermore sell down
London-based GP Toscafund sells down alongside AnaCap
Astorg buys Cobepa’s SGG
Deal marks GP's return to activity after the summer hiatus
Lyceum backs Style Research
Business understood to be valued at around £30m
Electra’s Elian picks up SFM Europe
Electra backed Elian's £180m buyout in February 2014
3TS fully exits Rankomat to Bauer Media
3TS first invested in Rankomat in 2010
Permira’s Tilney Bestinvest adds on Webb Holton
Bolt-on comes almost two years after the GP’s buyout
BBVA Ventures et al. in €10m round for SumUp
SumUp has raised €50m in six rounds since founding
Livingbridge backs Contract Mortgages Made Easy for bolt-on
Specialist mortgage broker acquires competitor Contractor Financials
Blackfin buys RBS Luxembourg fund arm
Purchase price said to be significantly higher than €28.5bn asset value
Northzone in $10m round for MarketInvoice
London fintech to allow retail investors to lend on its platform
Corsair and Palamon in MBO for Currencies Direct
Transaction valued above £200m
Just Retirement buys Partnership Assurance for £669m
Both companies are private-equity-backed
Prodigy Finance raises $100m from Balderton et al.
Round also saw participation from Credit Suisse
Ribbit et al. in €20m series-B for SavingGlobal
Startup received €7.5m from Index Ventures in June 2014
Permira acquires Lowell to merge with GFKL
Permira acquired GFKL from Advent for €600m in May