UK Unquote
Leeds Equity takes 25% stake in Into University Partnerships
US-based Leeds Equity Partners has made a ТЃ66m investment in British education services company Into University Partnerships in return for a 25% equity stake.
HMV attracts private equity interest
A number of private equity firms have contacted HMVтs administrator Deloitte regarding a potential acquisition of the stricken firm, according to reports.
UK spin-offs are undersold – report
Corporate spin-offs could result in bargains for private equity buyers as many firms selling non-core units are focused on a speedy cash injection rather than long-term strategic objectives, according to research from Ernst & Young.
Key Capital et al. back Wells Plastics with £1.5m
Key Capital Partners and current shareholders have injected ТЃ1.5m as a follow-on investment in UK plastics specialist Wells Plastics.
NBGI's Horizon Care acquires Educare
NBGI Private Equity-backed specialist care provider Horizon Care has acquired care and education business Educare Adolescent Services Ltd.
BGF appoints former Advent partner as investment director
The Business Growth Fund (BGF) has appointed Rory Pope, a former partner at Advent International, as investment director for London and the south east.
Gleacher Shacklock appoints new partner
British corporate advisory firm Gleacher Shacklock has appointed Richard Slimmon as a partner.
Ingenious invests £750,000 in Digital Theatre
Ingenious Ventures has injected ТЃ750,000 into Digital Theatre, a London-based filming company for theatrical productions.
Ingenious Ventures backs Property Network
Ingenious Ventures has made an equity investment in Property Network, an online accommodation platform.
Beechbrook promotes Boorsma to partner
UK-based mezzanine provider Beechbrook Capital has promoted Michiel Boorsma from principal to partner.
Telefónica backs Taskhub
TelefУГnica Ventures has invested a six-figure sum in London-based task outsourcing start-up Taskhub.
RCapital acquires City Motor Holdings
RCapital has acquired UK car dealer group City Motor Holdings Ltd in a management buyout from owner Anthony Wickins.
Balderton Capital backs Rentify
Balderton Capital has invested in a ТЃ2m series-A round for UK-based online letting service Rentify.
Dunedin hits £240m for first close
Dunedin has held a stealth first close on ТЃ240m for its third buyout fund, indicating its target is comfortably within reach.
3i to offload more assets
3i is looking to sell at least four of its portfolio companies, according to reports, as it continues to refocus its strategy.
Ex-BVCA chair Nash becomes schools minister
Former British Venture Capital Association (BVCA) chair John Nash has been appointed schools minister.
NVT and Northern 2 VCT seek £8m
Northern Venture Trust (NVT) and Northern 2 VCT have launched a linked top-up offer to raise up to ТЃ4m for each fund.
YFM reaps 5.7x on Winder sale to Enterprise Ventures
YFM Equity Partners has sold Leeds power distribution and generation equipment manufacturer Winder Power in a ТЃ6m secondary buyout to Enterprise Ventures.
17Capital Fund II holds final close on €208m
17Capital has closed its second mezzanine fund above target on тЌ208m.
North West Fund injects £550,000 into Ultromex
The North West Fund for Energy & Environmental has invested ТЃ550,000 in British waste management business Ultromex.
Better Capital in joint venture with NPRF
Better Capital and the National Pensions Reserve Fund of Ireland (NPRF) have agreed to join forces and create a тЌ100m turnaround fund to invest in distressed Irish businesses.
Ariadne Capital et al. provide seed funding for ClickSlide
The Ariadne Capital Entrepreneurs (ACE) Fund and three angel investors have invested in cloud-based technology start-up ClickSlide Ltd.
Intervale Capital-backed Proserv in $215m refinancing
US-based oil and gas investor Intervale Capital's Scottish portfolio company Proserv has received a $215m refinancing package from Lloyds Bank Commercial Banking Acquisition Finance.
Rutland reaps 2.6x on Advantage Healthcare sale
Rutland Partners has sold UK-based Advantage Healthcare to trade buyer Interserve for ТЃ26.5m, making a 2.6x money multiple on its original investment.