UK Unquote
Advent International acquires stakes in Hermes UK and Germany
GP reportedly pays тЌ1bn for the two stakes in the parcel delivery firm
VCs sell stakes in Kandy Therapeutics to Bayer
Backers included Advent Life Sciences, Fountain Healthcare Partners, Forbion, OrbiMed and Longitude
Aquiline-backed ClearCourse buys Practice Point
Practice Point's management team will stay on with the business, which will continue to operate independently
DIF Capital invests €82m in Touax Rail
GP is currently investing from its 2019-vintage DIF Core Infrastructure Fund II
Kester Capital closes second fund on £90m
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
PE-backed Nylacast acquires Supergrip
Deal is Nylacast's second add-on transaction since the GP acquired it in 2018
Partners Group-backed Civica acquires InfoFlex
Omers Private Equity sold Civica to Partners Group for an enterprise value of ТЃ1.055bn in 2017
Synova-backed Fairstone acquires Chiltern House
Synova committed ТЃ25m to the development of Fairstone in 2016, drawing equity from Synova III
Foresight-backed Envair acquires TCS for £2m
TCS managing director Dave McCabe will stay on with the combined company
Aberdeen Standard hires Cinven's Robinson
Robinson joins from his position as principal at Cinven, where he acted as a non-executive director
NorthEdge-backed Orbis acquires Optosafe
Current Optosafe CTO John Robertson has joined Orbis as managing director of the Optosafe division
YFM-backed DSP acquires Explorer
Acquisition of Explorer is expected to see group revenues boosted to more than ТЃ20m
YFM hires new partner
YFM closed its most recent fund, YFM Buyout Fund II, on ТЃ80m in March 2020
ECI invests in CSL
ECI is currently investing from its ECI 11 fund, which closed on ТЃ700m on July 2018
GCP invests in GTS
GCP makes hybrid debt and equity investments of ТЃ5-30m across a variety of sectors
Hg makes further investment in Evaluate
Hg Capital Trust has invested approximately ТЃ8.1m alongside other institutional clients of Hg
GP Profile: Tenzing Private Equity
Following a busy start to 2020, topped by its ТЃ400m fundraise, Tenzing is setting its sights on making further investments later this year
UCL Technology Fund 2 holds first close on £100m
UCL Technology Fund closed on ТЃ50m in January 2016 and is now fully deployed
THCP-backed Byron to be acquired out of administration
Existing investors, including Three Hills Capital Partners, will retain a minority share
Capital D sells Invincible Brands to Henkel
Capital D acquired Invincible Brands for an undisclosed sum in January 2018
Epiris acquires Casual Dining Group
Epiris commits further resources for assets including Bella Italia, CafУЉ Rouge and Las Iguanas
Vitruvian closes fourth fund on €4bn
Evercore Private Funds Group and Monument Group acted as placement agents
Stanley Capital acquires Noden Pharma DAC
Stanley Capital expects to pursue a buy-and-build strategy with the pharmaceutical company
Leonard Green-backed CPA merges with Clarivate in $6.8bn deal
Clarivate is anticipating adjusted revenues of $1.13-1.16bn and adjusted EBITDA of $395-420m for 2020