UK Unquote
LDC bolsters UK Midlands' team
Mid-market GP wants to invest in 100 companies over the next five years
Cairngorm appoints three to investment team
Adam Watson and Sheena Pattni join as investment managers, and George Buckle as investment associate
Pearson courseware unit attracts trade, sponsors in first round
Sun European Partners, Epiris and Platinum Equity had signalled preliminary interest, one source says
Greenhill hires Silverfleet's Harrison
Andrew Harrison will advise on capital raising across entities including funds and co-investments
Mayfair acquires 60% stake in LoopMe
LoopMe had revenues of USD 100m in 2021, after growth of around 50% per annum for the past three years
PE-backed Argus Media explores potential 2022 IPO
Listing could value the information data provider at more than GBP 2bn
Altimeter, Dragoneer et al. in USD 1bn round for Checkout.com
UK-based payments processor reaches a valuation of USD 40bn following the Series D
Sprints Capital holds EUR 525m final close for Fund IV
Growth fund has made two deals to date, including refurbished electronics marketplace Back Market
Axcel buys Danx, Livingbridge-backed Carousel
Livingbridge invested in Carousel Logistics in 2013; the company will now merge with Danx
Palatine appoints new partners amid influx of promotions
Richard Thomas and James Gregson are appointed as partners, while Tom Ross-Jones and Gareth Wilson are promoted
Bregal invests in Redstor; Beech Tree exits
Bregal Milestone intends to support the data management software with its US expansion
GHO Capital backs biotech RoslinCT
RoslinCT is a spin-out from the University of Edinburgh
ECI sells Travel Chapter for 2.6x
ECI is selling the holiday booking platform to its management, backed by investment from ICG
IK hires 3i's Pete Wilson to launch UK mid-cap strategy
European PE firm simulataneously promotes five new partners across its London, Stockholm and Paris offices
Softbank leads USD 150m round for Gousto
Meal delivery startup receives USD 100m from Softbank and is now valued at USD 1.7bn
Sovereign's Paragon Skills enters second round of auction
Sovereign Capital Partners has owned the UK-based apprenticeship provider since 2008
Verdane reaps 4x in USD 360m Brightpearl exit
Shareholders including Cipio Partners and Notion Capital are also selling their stakes to Sage Group
Primary's ICS Learn to be acquired by IK-backed Skill & You
Company was expected to fetch a mid-teens EBITDA multiple, indicating an EV of around GBP 150m
Livingbridge buys Quorum; Maven reaps 6.5x
Maven invested in the cybersecurity company in June 2020 via its venture capital trusts
Gyrus Capital's Essential Pharma refinances, inks two deals
In parallel with the refinancing, Essential Pharma completed two M&A deals in December
Maven exits Healthpoint in trade sale
GP reaps a 3.1x return on its investment in the consumer healthcare and beauty supplier
Livingbridge sells Southern Communications
GP appointed Oakley Advisory to launch the sale over the summer
Lonsdale exits P2 to Waterland-backed Valcon
Deal is the fifth exit of the year for the lower-mid-market private equity firm
CD&R forms USD 4bn special-purpose vehicle for Belron stake
CD&R is also selling part of its stake to existing backers, including Hellman & Friedman