UK Unquote
Kester-backed Ceta Insurance bolts on Love Your Hut
Insurance broker Ceta Insurance is expected to make a number of bolt-ons in the future
Blackstone to acquire CRH distribution arm for €1.64bn
Deal for the building materials provider is based on a 2018 pro forma EBITDA figure of тЌ155m
Mobeus backs Star Brands BIMBO
Following the deal, Gavin Thomas will be appointed as finance director and Nick Ward as chair
Perwyn leads £30m round for Gousto
Latest round for the meal kit delivery company comes just six months after it raised ТЃ18m
Rubicon sells Farsound Aviation to AGIC for £115m
Aviation-focused supply chain management company was reportedly marketed based on ТЃ11.4m EBITDA
Acton leads £9m series-C for MPB
Existing investors Beringa and Mobeus Equity Partners also take part in the latest financing
Equistone buys FirstPort from PE-backed Knight Square
FirstPort's management team will retain a minority stake in the business following the deal
Apax leads $177m investment in Signavio
Deal reportedly values the UK-based enterprise software company at around $400m
Navigating the UK Senior Managers Regime
Unquote sister publication Private Equity Law Report offers a comprehensive overview
Primary-backed ASL bolts on Reprotec
Acquisition comes a week after the GP acquired ASL in a secondary buyout from Mobeus
Palatine supports Wren Sterling's TD Armstrong bolt-on
Deal is the third bolt-on for the UK-headquartered independent financial adviser
Bridges holds £35m final close for Social Outcomes Fund II
Vehicle had an initial hard-cap of ТЃ30m, which was raised due to LP appetite and a strong pipeline
CVC sells 30% stake in D&G to ADIA
GP reportedly pulled a dual-track process for the business in June that targetted a ТЃ1.2bn valuation
Rubicon acquires PSM
Manufacturing- and distribution-focused GP targets buyouts with enterprise values of ТЃ15-250m
Battery and Dawn lead $61m series-B for Soldo
Existing backers Accel and Connect also take part in the round for the corporate credit card firm
Bridgepoint's Cambridge Education Group sells CATS for £150m
School operator will be sold to Chinese trade buyer Bright Scholar after five and a half years
Muzinich takes control of Phoenix's Busaba Eathai
Development brings to an end an 11-year holding period of the Thai restaurant chain for Phoenix
Inflexion acquires O'Neill Patient Solicitors
GP drew capital for the investment in the law firm from its fifth flagship fund
Caledonia hires Lane on its private investment team
Investment executive Toby Lane joins from Lazard and previously worked at PwC as a chartered accountant
NorthEdge sells Bridge Farm Group to cannabis producer Sundial
Sale ends a two-year holding period for the GP, which acquired the business via its second fund
Aquiline's ClearCourse acquires Trillium
Transaction marks the 11th bolt-on for the software- and IT-focused buy-and-build platform
Phoenix invests in 1000Heads
GP is currently investing from its 2016 fund, which targets companies with EVs of ТЃ30-150m
UK Fundraising Report: Weathering the Brexit storm
Latest Unquote UK Fundraising report, published in association with Aztec Group, is now available to download
Mayfair's Yo! acquires US-based SnowFox
Deal is backed by the GP and reportedly values the target company at more than $100m