UK Unquote
Palatine acquires housing provider Jessup
GP competed against other sponsors in Clearwater-led auction; founder Clive Jessup to retain minority stake
CVC collects first round bids for Theramex
Rothschild and HSBC are advising on the sale of the UK-based womenтs health pharma company
Bowmark, MML to exit The Instant Group in deal with IWG
IWG to invest GBP 270m to buy sponsorsт stake and provide growth capital; new group expected to list in 2023
Inflexion buys Astrak Group
Inflexion has now announced two deals from its recently closed GBP 2.5bn Inflexion Buyout VI fund
Gresham House announces five senior promotions
Growth equity investor Gresham House Ventures has made five senior promotions within its investment team.
Limerston exits Prism to Charme
Charme will complete the deal through Charme IV, which has raised EUR 700m to date
Rubicon sells John Lawrie Metals to ArcelorMittal
The London-based GP invested in parent company John Lawrie Group in 2017
Sure Valley's new VC fund holds first close on GBP 85m
British Business Bank has committed GBP 50m for the UK software-focused vehicle
Inflexion exits Succession to Aviva for 3x money
Insurer Aviva paid GBP 385m for the asset
Battery exits Forterro to Partners Group for EUR 1bn
New owner to expand London-based ERP provider with organic growth initiatives and acquisitions in adjacent geographies, sub-verticals
Montagu bolsters senior leadership team with two hires
Louise Denning and Tim Cochrane join the GP's London office
Hiro Capital launches new gaming and metaverse fund
More than double the size of its predecessor, the EUR 300m vehicle will make its first deals in April
Inflexion closes sixth buyout fund at GBP 2.5bn
Launched a year ago, buyout Fund VI is double the size of its predecessor
Lincoln hires three for financial services team
London-based Antoine Dupont-Madinier and Max Cornu-Thenard have joined from Panmure Gordon
PSG eyes second European fund
PSG Europe II has a EUR 2.5bn target; its predecessor closed on its EUR 1.25bn hard-cap in 2021
WestBridge exits bChannels to trade for 4.2x money
WestBridge acquired the UK-based technology marketing firm in a GBP 3.5m SBO in 2014
Battery Ventures launches Forterro sale via Arma Partners
Information memoranda for the GBP 50m EBITDA ERP software group have already been distributed to prospective bidders
Digital Horizon set for USD 200m Fund II first close in Q2 2022
VC started marketing the fund in December 2021 and has USD 100m in soft commitments to date
SoftBank leads USD 230m secondary placement for Gousto
Fidelity International, Grosvenor Food & AgTech, Railpen join the UK recipe box company's share register
Palamon to carve out Dental Directory from IDH Group
Adviser DC Advisory has distributed materials marketing the asset off GBP 15m EBITDA
Notion Capital gears up for fifth flagship fund
In addition to its flagship strategy, VC manages Opportunities funds to back its existing portfolio
Perwyn hires partner from BGF
Gurinder Sunner joins Perwyn after 10 years at BGF
Inflexion appoints ESG director
Jennie Galbraith joins from British American Tobacco
Backed VC raises EUR 150m across two new funds
Core 2 will make seed deals; Encore 1 will back later-stage rounds for the VC's existing portfolio