Ireland
Squire Patton Boggs to open Dublin office, hires Pinsents’ Agnew
Law firm continues European expansion with sponsor demand and tech spin-offs expected to drive Irish dealflow
Inflexion acquires Irish CMO SteriPack
GP will deploy equity from Buyout Fund VI, which closed in March at GBP 2.5bn
AIB, Foresight launch SME Impact Fund with EUR 75m target
Fund has a EUR 30m commitment from AIB and expects to back its first Irish SMEs in Q3 2022
Elkstone Partners holds EUR 75m first close for start-up fund
Vehicle aims to reach EUR 100m hard-cap by November and will back up to 35 companies
Volpi exits Version 1 to Partners Group
The Jefferies-led auction also saw Apax, OTTP, Cinven and Bain compete for the Irish IT solutions group
Melior Equity Partners holds EUR 160m final close for debut fund
Irish SME-focused GP is led by former Carlyle managing directors Jonathan Cosgrave and Peter Garvey
Capital D-led consortium acquires Phrasee
GP is joined by Morgan Stanley Expansion Capital, Keyhaven Capital, family offices in deal for AI-power copywriting group
Motive sells Global Shares to JP Morgan
Deal generates around 10x return on invested capital and values the Irish equity compensation software solutions at USD 750m EV
Exponent buys majority stake in H&MV
Limited structured sale saw the GP acquire the Irish high voltage electrical engineering firm
MML exits Waystone to Montagu, Hg for 11x money
Exit also sees 164% IRR and has returned 100% of the committed capital in MML Fund VI
Waterland buys fire safety business Writech
Following the deal, Waterland will have six portfolio companies with a presence in Ireland
MML sells Sonas Bathrooms to management
MML Growth acquired a minority stake in the Ireland-based bathroom products supplier in 2017
Lonsdale scores fourth exit of 2021 with Cross Rental Services sale
Sale of CRS is the GP's seventh exit since inception, and its fourth this year
August Equity invests in Integrity360
GP intends to support the cybersecurity firm's management with acquisitions across Europe
Synova invests in Doran + Minehane
GP aims to support the Ireland-headquartered asset management accountancy firm's acquisitive growth
Advent buys Planet stake from Eurazeo in €1.8bn deal
Eurazeo will reinvest in the business and co-control the company with Advent
Astorg, Bridgepoint buy Fenergo from Insight Partners
Media report values the business at $1.16bn, with the two GPs buying their stake for $600m
Bain Capital buys Valeo from CapVest
Bain intends to further boost the company's growth both organically and through acquisitions
Lansdowne et al. in $120m round for TechMet
Company intends to launch a new round of funding later this year, with the goal of raising around $250m
H2 Equity sells Healthcare 21 to trade
H2 invested in the medical supplies business in 2018, merging it with portfolio company Aquilant
Lonsdale backs Horseware Ireland
This is the ninth investment made by the GP via Lonsdale Capital Partners Fund I, which closed on £110m in 2016
Sofinnova, Ally Bridge lead $108m Mainstay round
Mainstay intends to use the funds to support the company's commercial launch of ReActiv8 in the US
Erisbeg invests in Chris Mee Group
Managing director Chris Mee will continue in his current role, alongside his management team and staff
Vitruvian invests €100m in Carne
GP is currently investing from its fourth-generation fund, which closed on €4bn in July 2020
