UK Unquote
ECI's Travel Chapter announces intention to float
ECI bought the asset from Phoenix less than three years ago
ECI wraps up fund 9 with 3x overall return
Fund made 15 investments, including two tech unicorns with ATG and Wireless Logic
Calculus nets 4x with CloudTrade sale
Trade sale is the eighth exit for Calculus since January 2020
GP Profile: Phoenix returns record amounts in last 12 months
Unquote catches up with managing partner David Burns to discuss recent activity and where the firm is headed next
Less than half of UK GPs report in detail on ESG impact – survey
Advisory firm BDO reviewed the ESG policies of 100 private equity firms with UK operations
Unilever tea auction set to close second round in November
Advent is in a strong position, while Cinven, CVC and Carlyle have ESG concerns, sources say
Brewdog, Hawksmoor hit brakes on IPO plans
Founders of both businesses cite pandemic recovery uncertainty in the hospitality sector
One third of LPs plan to increase PE allocation within a year – survey
Schroders' Institutional Investor Study surveyed 750 investors in February and March 2021
Synova backs National Education Group
Investment in the education-sector online training and development provider is the GPs sixth deal from Synova IV
Bowmark fully exits Aston Lark in Howden sale
GP supported the MBO of Aston Scott in 2015, adding on Lark Group two years later
Burger King UK owners mull GBP 600m listing – report
IPO plans are thought likely to be formalised within days, dual-track process could be explored too
ECI sells CPOMS to PE-backed Raptor
ECI bought the educational safeguarding software in 2018, investing via its GBP 500m ECI 10 fund
LDC sells Mandata to Tenzing
LDC acquired the transport and logistics software developer in a GBP 20m SBO from Synova in 2018
CFC Underwriting attracts Blackstone Group and OTPP
A deal could value CFC at an EBITDA multiple in the high teens or north of 20x
British Private Equity Awards 2021: winners announced
Congratulations to the winners of this year's British Private Equity Awards, announced last night in London
Advent's Williams Lea in advanced sale process
Williams Lea is expected to generate EBITDA of EUR 39.5m in 2021
Inflexion hires Pagnotta as partner
Isabelle Pagnotta joins from her previous role as managing director at Omers Private Equity
GP Bullhound closes Fund V on EUR 300m
Technology-focused firm's predecessor vehicle held a final close in June 2019 on EUR 113m
Inflexion buys Detectortesters
Fire detection systems testing company has simultaneously acquired a US-based distribution partner
Intriva buys Sequence Care from Horizon
Technology- and service-focused Horizon Capital completed a spin-off from Lyceum Capital in 2018
Tenzing hires Gottås ahead of Nordic expansion
Magnus GottУЅs will head the London-headquartered GP's sourcing of Nordic technology deals
NorthEdge sells Belfield Group's Usleep
Mattress producer is to be acquired by Vita Group, a portfolio company of Strategic Value Partners
Apax Digital Fund II holds USD 1.75bn final close
Technology-focused fund took less than four months to reach its hard-cap, Apax said in a statement
UK social care reform: threat or opportunity for PE?
PE players and advisers with experience in the care space weigh in on whether the reform is likely to affect investments