UK Unquote
Endless reaps 6x on Acenta Steel exit
Endless has sold its stake in UK-based steel bars processor Acenta Steel to the company's management, reaping a return of 6x its original investment.
unquote" Regional Mid-market Barometer
A rise in alternative lenders and a strong trade buyer presence helped drive the UKтs mid-market in 2012, according to the latest unquoteт Regional Mid-market Barometer, published in association with LDC.
NorthEdge Capital appoints investment manager
NorthEdge Capital has appointed Tom Rowley as an investment manager in its Leeds office.
RJD's Harrington Brooks acquires customer books in bolt-on
RJD Partners portfolio company Harrington Brooks has acquired customer books from Carrington Dean and The Nostrum Group, marking the company's first expansion following its secondary buyout in July 2012.
GSK plans Lucozade and Ribena sale
Pharmaceutical group GlaxoSmithKline (GSK) has put soft drinks brands Lucozade and Ribena up for sale, giving rise to a bidding war in excess of ТЃ1bn, according to reports.
Maven launches £5m top up offer for VCTs
Maven Capital Partners has launched a ТЃ5m top-up offer for Maven Income and Growth VCT 4.
Maven sells Homelux to QEP Company
Maven Capital Partners has sold tile accessories business Homelux to US firm QEP Company, following its carve-out from UK-based Homelux Nenplas Ltd.
Finance Wales backs Safety Technology
Finance Wales has provided Monmouthshire-based safety specialist Safety Technology with a six-figure loan.
LDC backs Fever-Tree
LDC has taken a 25% stake in Fever-Tree, valuing the UK tonic water and mixers brand at ТЃ48m.
Oxford Capital exits Arieso to JDSU
Oxford Capital Partners has sold UK-based mobile network optimisation specialist Arieso to Nasdaq-listed JDSU in a $85m deal.
UK consumer sector: private equity dealflow up 45% in 2012
High street woes notwithstanding, the UK consumer sector proved to be ripe for investment opportunities last year: private equity dealflow was up by 45% compared to 2011 figures while the overall value of these investments rose by a quarter.
LGV Capital to wind down portfolio
Insurer Legal & General has confirmed its private equity arm LGV Capital will stop making new investments, and will instead focus on managing and eventually divesting its existing portfolio.
Private equity to benefit from oil & gas boom
The high price of oil could provide a boom to many operating in the oil & gas sector in the UK, and private equity players are looking to take advantage of the opportunities it offers.
Ingenious Ventures joins forces with BBH's Zag
Ingenious Ventures is teaming up with Zag, the corporate venturing arm of global advertising agency BBH, to invest in the British creative industry.
Osprey backs Indexx Markets
Osprey Capital has invested in UK-based financial services firm Indexx Markets.
Ingenious Ventures invests £900,000 in Casabu
Ingenious Ventures has led a ТЃ900,000 series-A funding round for UK-based online retailer Casabu.
HgCapital Trust sees NAV rise by 15% in 2012
HgCapital Trust, the listed vehicle investing in all of Hg's private equity transactions, has reported a 15% increase in NAV per diluted share over the course of 2012.
Dunedin's CitySprint buys Sameday UK
CitySprint, a distribution network backed by Dunedin, has acquired Sameday UK.
HgCapital sells Computer Software for £110m
HgCapital has sold Computer Software Holdings Ltd (CSH) in a trade sale to Advanced Computer Software.
Bridges Ventures exits Whelan Refining
Bridges Ventures has sold its stake in Whelan Refining to the companyтs management team, reaping a 4.7x multiple on its overall investment.
TDR Capital backs MGM Advantage spin-off
TDR Capital has supported the spin-off of annuity specialist MGM Advantage.
MML invests €17.3m in ATA Group
MML Capital Partners has invested тЌ17.3m in Ireland-based engineering business ATA Group.
Duff & Phelps appoint new partner to Leeds office
Duff & Phelps has appointed Jeremy Bennet as partner to lead the firm's new Leeds office.
Albion exits Nelson House to NHS-Care UK partnership
Albion Ventures has sold UK-based mental health hospital Nelson House to Sussex Partnership NHS Foundation Trust and Care UK for ТЃ8m, generating a ТЃ2m profit for the VC.