UK Unquote
Terra Firma granted EMI retrial
Terra Firma is to undergo a retrial over EMI as the private equity house continues to claim that Citigroup fraudulently forced it to overpay for the music group.
VC-backed crowdfunding platform InvestingZone set to launch
UK crowdfunding platform InvestingZone, backed by venture firm E-Synergy and Better Capital founder and managing director Jon Moulton, is preparing to go live next week.
BC Partners hires ex-Blackstone MD
BC Partners is understood to have hired Matthew Tooth as a senior partner in its London office.
JC Flowers sells half of CCM to Encore
JC Flowers has sold a 50.1% stake in Cabot Credit Management (CCM) to Encore Capital Group for ТЃ128m, just two weeks after acquiring the UK-based consumer debt manager from AnaCap Financial Partners.
Spark and Accel invest $3.5m in Qriously
Spark Capital has led a $3.5m series-A funding round for London-based Qriously, alongside existing investor Accel Partners.
Enterprise Ventures appoints new mezzanine fund manager
Enterprise Ventures has hired Stewart McCombe to manage the firmтs ТЃ15m North West Fund for Mezzanine, which is part of the ТЃ185m North West fund.
UK consumer sector exits at record levels
The number of UK consumer goods assets divested by private equity firms is at its highest level in 10 years despite the continued desolation suffered by the consumer market.
VC-backed Just-Eat hints at future IPO
Online food delivery service Just-Eat, which is backed by a number of venture capital firms, has confirmed its plans to list on the stock market in the future.
Redpoint leads $7m round for Moogsoft
Redpoint Ventures has led a $7m series-A funding round for London-based service management software company Moogsoft.
BGF invests £6m in Petrotechnics
The Business Growth Fund (BGF) has backed Aberdeen-based Petrotechnics, a provider of software solutions for risk management in hazardous industries, with a ТЃ6m investment.
Beringea exits Fjord
Beringea has sold service design consultancy Fjord to management technology outsourcing and consulting service provider Accenture Interactive.
Graphite sells Dominion Gas to Praxair
Graphite Capital has sold Aberdeen-based oil field services company Dominion Gas to NYSE-listed Praxair.
FF&P appoints Joy as senior adviser
International wealth manager Fleming Family & Partners (FF&P) has appointed Andrew Joy as a senior adviser.
Value of UK early-stage investments holds steady
UK early-stage deal numbers are dropping off, but the total value invested has held steady over the last four years.
Fountain Healthcare backs €9.2m Trino Therapeutics round
Fountain Healthcare Partners has invested in a тЌ9.2m series-A funding round for Ireland-based Trino Therapeutics Ltd, alongside British grant-giving body Wellcome Trust.
PineBridge's Calo joins Blackstone's Park Hill
Blackstone's placement agent division Park Hill Group has appointed Pablo Calo from PineBridge Investments.
Octopus leads £2.95m investment in Conversocial
Octopus has led a ТЃ2.95m investment round for social media management software company Conversocial.
Equistone reviews options for Allied Glass
Equistone has hired Rothschild to assess its options for Allied Glass, which could result in a sale later on this year.
LDC backs MBO of Node4
LDC has backed the management buyout of UK-based IT and communications services provider Node4 Ltd.
Private equity tempted by Hotel Chocolat
Private equity houses are in talks with confectioner Hotel Chocolat regarding a possible purchase, which could see the company valued at around ТЃ100m.
British Gas leads £7m investment in 4energy
British Gas has led a ТЃ7m investment in 4energy alongside existing investors Environmental Technologies Fund (ETF), Carbon Trust Investments and Catapult Venture Managers.
ACT et al. invest $5.2m in Cubic Telecom
ACT Venture Capital, Enterprise Ireland, TPS Investments and US telecoms giant Qualcomm have jointly invested $5.2m in Dublin-based global connectivity specialist Cubic Telecom.
The importance of being European
EU membership
Blackstone, Carlyle targeted by Stop G8 protests
Anti-capitalism protest group Stop G8 has publicised the London addresses of several private equity firms т including Blackstone, Carlyle and Lion Capital т ahead of the G8 Summit in June.