UK Unquote
ECI Partners' Bargain Booze in IPO
ECI Partners reaped a 4.5x money multiple on its full exit from discount alcohol franchise Bargain Booze, which listed on the London Stock Exchange AIM in an IPO giving the company a market capitalisation of ТЃ66.7m.
Electra refinances Park Resorts
Electra Partners has refinanced the existing debt of portfolio company Park Resorts - the GP now holds debt facilities totalling ТЃ145m and has upped its stake in the company to 54%.
Sycamore Aviation lands £750,000 investment
Durham-based Sycamore Aviation has received a ТЃ750,000 cash injection from a syndicate of investors led by regional firm FW Capital.
Exit focus: Encore finds generalist success in a specialist market
With limited expertise in the software-as-a-service (SaaS) sector, Encore Capitalтs exit of digital marketing company Pure360 is a shining example of how the asset class really can drive operational improvement. Alice Murray speaks to the partners to...
Credit Suisse appoints secondaries director
Mark McDonald, Credit Suisse
Hermes GPE's MacKay to step down
Alan MacKay, Hermes GPE
Nicole Farhi rescued from administration
Nicole Farhi, the private equity-backed high-end fashion retailer that went into administration earlier this month, has been bought out by businesswoman Maxine Hargreaves-Adams.
MMC in $1.5m round for Invenias
MMC Ventures has taken part in a $1.5m funding round for UK-based Invenias, a cloud-based search software provider for executive recruitment firms.
3i's Hague joins LDC
Gordon Hague, LDC
ReNeuron raises £33.2m
Several venture capital investors, including the Wales Life Sciences Investment Fund, have participated in a ТЃ33.2m funding round for stem cell development firm ReNeuron.
PAI partners' Swissport to buy Servisair
PAI partners-owned Swissport is to wholly acquire UK-based aviation ground services provider Servisair.
Dunedin fund surpasses target to reach £300m final close
Dunedin has closed its latest vehicle on ТЃ300m, comfortably surpassing its ТЃ250m target.
HgCapital buys majority stake in IntelliFlo
HgCapital has acquired a majority stake in software company IntelliFlo via its Mercury Fund.
Mosaic et al. invest in Woodall Nicholson
Mosaic Private Equity, RooGreen Ventures and Enterprise Ventures have invested in Woodall Nicholson Group, a UK coach-building business.
JC Flowers to acquire Northern Rock loans
JC Flowers is preparing to buy ТЃ450m worth of loans from UK state-owned Northern Rock for an estimated ТЃ300m.
Cinven backs Host Europe
Cinven has agreed to acquire internet domain and hosting company Host Europe Group from Montagu Private Equity for ТЃ438m.
Bain picks up state-owned Plasma Resources UK for £230m
Bain Capital has acquired an 80% stake in government-owned Plasma Resources UK (PRUK) for ТЃ230m.
NorthEdge appoints Moore as CPO
David Moore, NorthEdge
NBGI achieves 4x return on Ochre House exit
NBGI Private Equity has sold Ochre House to Pinstripe, a US-based business backed by Accel and KKR, reaping a 4x return on its original investment.
Trustmarque completes £19.5m refinancing
Technology services firm Trustmarque, backed by Dunedin, has completed a refinancing to the tune of ТЃ19.5m provided by HSBC Leveraged Finance.
AnaCap backs Simply Business MBO
AnaCap Financial Partners has backed the ТЃ50m management buyout of Simply Business, a UK insurance provider to small businesses.
CMS Cameron McKenna's Bull joins Norton Rose
Richard Bull, Norton Rose Fullbright
UK Watch: Q2 shows signs of recovery
UK rebounds in Q2
Cinven's EnServe sells Inenco to Vitruvian and ICG
Vitruvian Partners and Intermediate Capital Group (ICG) have acquired energy and utility outsourcing business Inenco Group from Cinven-backed EnServe Group.