UK Unquote
Ardian sells stake in Envision
Ardian and GHO have been exploring options with advisers for the sale of Envision since May
Baird Capital promotes two in London team
Michael Holgate has been promoted to partner, while Andy Dyer is now a director
CVC to acquire 14.5% of Six Nations for €450m
In April 2020, CVC delayed a ТЃ300m investment in rugby tournament Six Nations due to the coronavirus
TnuiCapital to acquire Busaba
Terry Harrison, Busaba Eathai's managing director, is to remain at the helm
Rileys hires FRP to assist with rescue plan
Rileys CEO Craig Mayes confirmed the appointment of FRP to examine options going forward
Intriva acquires Lending Works
Nicholas Harding, chief executive officer of Lending Works, will continue to lead the business
Searchlight-backed GRP acquires Premier Choice
Searchlight Capital bought a majority stake in GRP in February 2020 from Penta Capital
17Capital provides £125m in preferred equity to Exponent III
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Zeus makes six promotions
Zeus has promoted Nick Cowles to deputy head of corporate finance and Jordan Warburton to director
Palamon-backed Simplify acquires Cook Taylor
Simplify, a conveyancing law firm, was acquired by Palamon Capital Partners in 2014
LDC-backed Babble acquires Lake Technologies
Founded in 1995, Lake Technologies provides business telephony and network services
VGC promotes Lister to partner
Lister joined the firm last year from Marlin Equity Partners as an investment director
Kennet V closes on €223m
Registered in February 2018, the fund's original target was тЌ200m, with a hard-cap of тЌ250m
Global Founders, Partech in €5.6m seed round for Symmetrical
Partech is currently investing from its Partech Entrepreneur III global seed fund
Innvotec launches Female Ventures Fund
Fund provides initial capital, followed by further financial and advisory support after the early stages
Freeline closes $120m extended series-C round
Financing augments Syncona's previously announced series-C investment in Freeline of $40m
Auster Fund I holds first close on $500m
Auster intends to target equity tickets of $50-200m with the ability to commit larger amounts
Summit Europe Growth Equity III closes on €1.1bn
Summit Europe III is structured as a Luxembourg LP, while Summit Partners itself is based in the US
Elysian III holds first close on £270m
Domiciled in the UK as a UK limited partnership, the fund has a target of ТЃ300m
Kartesia backs £26m refinancing for BGF-backed Clearway
Debt has been invested from Kartesia Senior Opportunities I, marking the fundтs first UK investment
CBPE X nears final close towards £525m target
CBPE X is likely to target UK-based companies with enterprise values of ТЃ25-150m
Inflexion-backed Alcumus acquires Banyard and ContractorCheck
Management teams of Banyard and ContractorCheck have not retained stakes in the companies
17Capital hires investor relations director in London
Munte joins from CVC Credit Partners where he worked in a similar role
Equistone-backed FirstPort to merge with Mainstay
Hampshire-based FirstPort recorded a turnover of ТЃ28.9m for the year-ending in December 2018