UK Unquote
Ethos invests in People Value
In addition to the equity deployed by Ethos, Harwood Private Capital provides senior debt to support the deal
BC Partners acquires Davies
Existing investors, US-based PE firm HGGC and Canadian firm AimCo, will remain invested with minority stakes
Bowmark exits Oxford International in split deal
Schools division goes to Nord Anglia Education, while the rest of the business undergoes an MBO backed by THI
Inflexion backs The Goat Agency
Minority deal is the fifth transaction announced by Inflexion in March alone
CBPE sells Xceptor to Astorg for 10.8x return
Sale ends a four-year holding period for CBPE, which bought a majority stake in Xceptor from SVG Capital
Bridges acquires ethical homeware brand Nkuku
Bridges invests in the business via its Sustainable Growth Funds, alongside the founders
FPE sells Masstech to Genstar's Telestream
This is the second exit made by FPE Fund II, following the sale of intelligence provider IWSR to Bowmark
Inflexion buys minority stake in CMSPI
GP invests in the company via its minority-dedicated Inflexion Partnership Capital II fund
ICG acquires Lucid Group from LDC
Sale ends a four-year holding period for LDC, which invested ТЃ11m in the company in exchange for a minority stake
NVM in £10m MBO for Trust Systems
Company founders Tom Stone and Mike Dowson will remain significant shareholders in the business
CVC injects £365m into Six Nations rugby tournament
Long-awaited deal finally crosses the try line, with initial approaches starting two years ago
Claris Ventures leads £15.2m series-B for NeoPhore
2Invest, 3B Future Health Fund, Astellas Venture Management and CRT Pioneer Fund also take part in the round
Passion Capital opens third fund to retail investors through Seedrs
Passion launched the fund in late 2017 and has already made 11 deals through the vehicle
NVM in £18m MBO for Pareto
Deal is the seventh from NVM's Private Equity Vintage III Fund, which was raised in 2018
Bridgepoint Development Capital backs IDHL
GP is investing via Bridgepoint Development Capital IV (BDC IV), which closed on ТЃ1.5bn in September 2020
Kerogen sells Zennor Petroleum to trade
Kerogen Capital acquired a majority stake in Zennor in 2015, investing alongside Unigestion
FPE Capital backs Codestone
This is the ninth investment made by FPE Fund II, which held a ТЃ100m final close in October 2017
Palatine backs Anthesis
Company intends to further boost its growth both organically and via strategic acquisitions
Ropes & Gray adds partner, counsel to private funds team
Emily Brown joins the law firm as partner, while Chris Townsend is hired as counsel
Inflexion buys minority stake in Systal
Investment in the managed IT network service is the GP's third deal to be announced in March 2021
LDC buys Sohonet from FPE Capital
With LDC's support, the company intends to boost its international growth and explore complementary acquisitions
BGF-backed TIG bolts on ThirdSpace
Acquisition of the cybersecurity and identity firm is backed by BGF and Santander Growth Capital
BGF invests in Leeds company Northern Building Plastics
GP's backing will help the company expand its service, delivery capability, and product range
BlackRock joins $100m series-C funding for Exscientia
Company plans to use the financing to expand its portfolio of drugs and grow its artificial intelligence capabilities