UK Unquote
Inflexion-backed Phenna Group preps sale in Houlihan Lokey-led process
UK-based testing and business services provider expected to be marketed off GBP 60m EBITDA
Zetland holds EUR 620m close for second special situations fund
Vehicle already 80% deployed; pre-marketing for new fund underway, source says
GRO Capital opens London office
Specialist software investor hires Johan Olsson to lead UK team; Mayfair office is GP's third location
Connection Capital hires head of co-investment from Legal & General
London-based firm appoints Peter Knight to meet demand for direct PE and VC co-investment opportunities
Inflexion gears up for third Partnership Capital fund
GPтs previous vehicle dedicated to minority investing held a final close in 2018 on GBP 700m
LDC invests in IWS Group to support acquisition plans
Minority stake deal aims to help UK-based warehouse specialist with complementary buys across Europe
FPE Capital invests in Global App Testing
UK-based testing platform marks the third investment of the GPтs GBP 185m third fund
Earth Capital expects 2024 launch of new fund
UK-based sustainability-focused GPтs next vehicle will have a growth technology focus
AnaCap could explore Wealthtime sale in 12 months
Sponsor formed the UK-based wealth management platform via a three-business merger
Earth Capital merges four assets to form bioenergy plant SEHL
The new company is made up of four plants already held in the GP’s fully deployed Nobel Sustainability Fund
Montagu gears up for seventh fund
GP has made a legal filing for the fund, having held a EUR 3.3bn final close for its predecessor in 2020
Aurelius exits Transform Hospital Group to Y1 Capital
Buyer adds cosmetic surgery chain to portfolio of healthcare assets; is targeting IPO on Nordic Growth markets
Alderwood Capital mulls significant stake sale in bid to kickstart PE fund
London-based GP was formed in 2020 and aims to raise a fund to take minority stakes in boutique asset managers
Inflexion sells Pharmaspectra to IQVIA for USD 100m
Exit of medical data disseminator generates 25% IRR after three years of ownership
GCA Altium consumer MD to join Clearwater
Christopher Jones is expected to head up a new consumer sector team at Clearwater
Balderton hires Deloitte's Broad as head of impact
Elodie Broad will focus on sustainability in the VC's internal operations, investments, and portfolio
Connection Capital hires associate director from Liberum
James Greenwood joins amid what the GP says is a time of growing investor appetite for UK SMEs
Kindred Capital heads for first close of third fund
Alongside fundraise, VC plans to make three more sector-agnostic investments from its second, EUR 100m fund
Literacy acquires fragrance products maker Ashleigh & Burwood
Deal marks the fourth platform investment completed since the fund listing in the LSE last year
Cornerstone VC holds GBP 20m first close for debut fund
Investments will target UK tech-enabled businesses at pre-seed and seed stage led by diverse teams
ICG closes European Corporate fund on EUR 8.1bn
Fundraising exceeds EUR 7bn target set for eight vintage of flagship debt fund
LDC reaps 4x returns in Aqualisa GBP 130m trade exit
US-headquartered Fortune Brands plans to accelerate growth of shower products manufacturer
Aurelius to buy Footasylum following antitrust ruling
Deal values high street sneaker retailer at EUR 45m as owner JD Sports forced to divest
Aliter Capital readies Ipsum for post-summer auction
DC Advisory to lead on sale of UK-based utilities and infrastructure services provider