UK Unquote
Tencent leads GBP 60m round for Ultraleap
Company develops haptics hardware technology, allowing touch-free interaction with devices
Balderton raises USD 600m for eighth flagship fund
Fund will continue the VC's Series A-focused strategy, targeting European startups
Mobeus's Equip Outdoor Technologies mandates KPMG for potential sale
Equip Outdoor Technologies is the parent company of specialist outdoor brands Rab and Lowe Alpine
Graphite buys Opus Talent Solutions
Deal is the eighth investment from the GP's GBP 500m Graphite Capital Partners IX fund
Waterland sells Cawood for 3.7x money
Trade sale to EBI is the first exit from the GP's GBP 2bn, 2017-vintage fund Waterland VI
ICG to exit Park Holidays in GBP 900m trade sale – report
ICG acquired the caravan holiday park operator in a GBP 362m SBO from Caledonia Investments in 2016
GP Profile: Baird positive on UK dealflow despite valuation inflation
Baird Capital has so far exited three businesses from its first fund, taking advantage of what it sees is a strong M&A market
DWS holds USD 550m final close for first PES fund
GP's first institutional fund will partner with lower- and mid-market GPs for mid-life secondaries
ECI's Travel Chapter shelves IPO plans
Move comes less than three weeks after the company announced its intention to float on AIM
Investindustrial sets SBTs for emissions
GP has also committed to achieving net zero greenhouse gas emissions in its funds
YFM appoints Marcus Karia as CFO
Karia was most recently group finance director of London-listed venture capital firm Arix Bioscience
PE-backed Inmarsat sold to Viasat in USD 7.3bn deal
Apax Partners, CPP, OTPP and Warburg Pincus acquired Inmarsat via a take-private in 2019
Perwyn appoints investment manager from Omers
Maxime Menu joins from Omers Private Equity, where he worked as a senior associate
Metro Bank confirms possible offer from Carlyle
UK-based lender currently has a market cap of GBP 251.6m
M&A insurance demand reaches new heights amid bottleneck concerns
Hardening W&I market could be adding to the current slowdown in M&A activity that has followed a flurry of deals earlier in the year
BGF appoints two investors for Central Scotland team
Devine and Nixon join a team of five investors working across both BGF's Edinburgh and Belfast offices
Apax, Warburg Pincus consider exiting Inmarsat – report
Shareholders could also think about listing Inmarsat, according to sources in the Bloomberg report
Aurelius buys McKesson UK in GBP 477m deal
Carve-out of McKesson UK includes LloydsPharmacy and is Aurelius's largest deal to date
Bridges hires Sarma for Evergreen fund
Eva Sarma joins as an investment director for the firm's long-term capital vehicle
Palatine sells Estio to PE-backed BPP
Deal is the first exit from Palatine's first Impact Investing fund, which closed in 2017 on GBP 100m
Dunedin team moves on as firm winds down
Mid-cap GP has seen 18 team members depart this year, including three partners, following the decision to halt the fundraise for its fourth vehicle
Equistone backs ADM Group
Investment in the marketing agency is the GP's eighth platform deal of 2021 to date
Advent's Rubix confirms intention to float
GP formed the industrial maintenance, repair and overhaul firm in 2017 by merging IPH and Brammer
EQT invests in Vitruvian-backed CFC
EQT IX is expected to be 70-75% invested following the deal