Sector
PHD scores 9.2x on Liberty Services exit
PHD Equity Partners has generated a 9.2x money multiple and a 70.4% IRR on its sale of Liberty Services to Capita.
Creandum backs Hansoft
Creandum has led an $8.4m investment round for Hansoft, an Uppsala-based software company.
HIG provides unitranche to support Steelite MBO
HIG WhiteHorse, the credit arm of HIG Capital, has supplied tableware business Steelite with a £29m unitranche facility to allow management to secure full ownership.
BGF suits up with £8.5m ACS investment
Business Growth Fund (BGF) has invested £8.5m into formal wear rental business ACS Clothing and its software offering Xedo Software.
Palamon ups investment in QualitySolicitors
Palamon Capital Partners has provided its portfolio company QualitySolicitors, a UK-based high-street legal brand, with additional funding more than two years after its acquisition.
Inflexion deals with Succession
Inflexion has invested in Succession, a UK privately owned wealth management business.
EdRip backs Groupe Gris
Edmond de Rothschild Investment Partners (EdRip) has invested in Groupe Gris, a French manufacturer of mechanical components, alongside historic backer ILP Sadepar.
SEP sells ControlCircle to Alternative Networks
Scottish Equity Partners (SEP) has sold hosting and cloud-based services provider ControlCircle to Alternative Networks for £39.4m.
BaltCap exits Primekss
BaltCap has sold its entire stake in Primekss, a Latvian industrial flooring specialist.
Runa Capital pours €1.5m into Cloudpartner.de
Runa Capital has invested €1.5m ($2m) in a series-A round for Berlin-based start-up Cloudpartner.de, which gives German SMEs access to cloud-based services.
LDC buys Bluestone
LDC has acquired a significant stake in financial services business Bluestone Group.
TCR in SET Environnement MBO
TCR Capital has invested in the management buyout of SET Environnement, a French business specialising in asbestos removal.
Balderton leads $7m round for GoCardless
Balderton Capital has led a $7m series-B round for GoCardless, a London-based B2B online direct debit platform, alongside existing backers Accel Partners and Passion Capital.
Premier Foods toasts Hovis sale
Warburg Pincus-backed Premier Foods has sold its bread business, Hovis, to US private equity firm The Gores Group in a deal valuing the division at £87.5m.
SoundCloud raises series-D at $700m valuation
Institutional Venture Partners has led a $60m series-D round for German music platform SoundCloud.
Highland leads €23.5m investment in AMCS
Highland Capital Partners Europe has led a €23.5m capital injection into AMCS Group.
Cerea and BPI France carve out Chesapeake division
Agribusiness-focused Cerea Partenaire and French state-backed BPI France have acquired the speciality chemical packaging division of Chesapeake.
Luminor Capital backs Next Generation Finance Invest
Singapore-based Luminor Capital has invested CHF 5.5m in Next Generation Finance Invest (NGFI), a listed social trading platform.
Index injects $21m into The Cambridge Satchel Company
Index Ventures has invested $21m in satchel maker The Cambridge Satchel Company.
RDIF and EBRD back Cotton Way
The Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development (EBRD) have invested RUB 3.6bn ($109m) in Cotton Way, a Russian textile and laundry rental company.
Creandum et al. back PlayRaven
Creandum and London Venture Partners (LVP) have taken part in a $2.3m (€1.7m) funding round for Finnish game developer PlayRaven alongside angel investor Jari Ovaskainen.
HgCapital becomes fifth PE backer of Zenith
HgCapital has acquired car rental company Zenith Vehicle Contracts Group from Morgan Stanley Global Private Equity (MSPE).
VC-backed Egalet files $45.5m IPO
UK-based pharma company Egalet, backed by a consortium of venture capital firms, is seeking to raise up to $45.5m in its IPO on the Nasdaq.
VC-backed Ziebel raises $10m
Corporate venture funds ConocoPhillips Technology Ventures and Chevron Technology Ventures have led a $10m round for Ziebel, a Norwegian oil services company.