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United Kingdom

Optical wires and fibre internet
Palatine sells MJ Quinn telecoms arm to Visabeira/Constructel

Partial exit from the infrastructure services firm comes 10 years after the GP's initial investment

  • Exits
  • 22 October 2018
Benelux overcomes controversy as activity grows
Cibus Fund receives Guernsey Green Fund status

Guernsey Financial Services Commission launched the Guernsey Green Fund initiative in July 2018

  • Funds
  • 19 October 2018
Alpkit
Foresight invests £1m in Alpkit

Foresight draws capital from its £39m Nottingham-focused fund, which is backed by local pensions

  • Expansion
  • 19 October 2018
People moves and promotions
GVC CFO Bowtell to join Alchemy Partners

Paul Bowtell will step down on 5 March 2019 and will be replaced by Ladbrokes Coral's Rob Wood

  • People
  • 19 October 2018
Data analytics services
Index, Balderton et al. invest $7m in Credit Benchmark

Credit Benchmark has now raised $34m and provides aggregated ratings for 22,000 institutions

  • Expansion
  • 19 October 2018
Fintech and currency exchange platforms
BBVA and Anthemis launch London-based fintech incubator

Project will look to support companies from start-up thorugh to their seed funding rounds

  • UK / Ireland
  • 18 October 2018
Time for private equity to drill down into exploration and production
FPE exits Ikon Science to Great Hill

New investment sees previous investors FPE Capital and Tullow Oil exit the UK-based company

  • Exits
  • 18 October 2018
New hires
Houlihan Lokey hires Baird’s Harrison as MD

While at Baird, Harrison worked on a number of high profile deals for PE clients

  • People
  • 18 October 2018
Parenting support and services
Reach, Kindred in $11m series-A funding for Mrs Wordsmith

Round was led by Trustbridge Partners, with the participation of VC firms Reach and Kindred

  • Early-stage
  • 18 October 2018
The French government may be moving towards a UK-style pension fund regime
Inflexion's ITM bolts on Faraday Tracing Bureau

Deal is the first bolt-on for the financial services IT and software company under the GP's tenure

  • Portfolio management
  • 18 October 2018
Bird houses and garden furniture
Rutland sells assets of arson-struck Gardman to Westland

Newly developed warehouse of garden products business was destroyed by fire in March

  • Exits
  • 18 October 2018
Trackballs
Maven reaps 2.7x on sale of Cursor to DiscoverIE

Sale of trackball manufacturer brings to an end a three-year holding period for the fund manager

  • Exits
  • 17 October 2018
Primary school teachers
Endless sells Affinity Workforce to Castlerock Recruitment

Deal for the recruitment business brings to an end a holding period of just 16 months

  • Exits
  • 17 October 2018
Oil refineries and commodity chemicals
Carlyle acquires EnerMech from Lime Rock

Deal reportedly values the Scottish oilfield services provider in the £425-450m range

  • Exits
  • 17 October 2018
Online car shopping
Rutland's Aston Barclay bolts on TCBG

Deal for the online car trading platform comes 16 months after the GP acquired Aston Barclay

  • Portfolio management
  • 16 October 2018
Timber merchants and builders' materials
Inflexion-backed Huws Gray buys Ridgeons

Huws Gray adds an additional 40 stores and increases its turnover to almost £400m

  • Expansion
  • 16 October 2018
Online identification and cybersecurity
Dawn Capital leads £22.9m round for Garrison

Expansion deal for the web browsing software provider comes 19 months after its £12m series-A

  • Expansion
  • 16 October 2018
Thread is a fashion company
VC firms in $22m series-B for Thread

Balderton Capital, Beringea and Forward Partners all commit capital to the round

  • Expansion
  • 16 October 2018
Eterion Media is an advertisement placement service
Platinum sells Exterion to Global for £400m

Sale of the billboard company comes 16 months after the vendor reportedly aborted a previous auction

  • Exits
  • 16 October 2018
Electricity transformers and substations
Caledonia buys Deep Sea Electronics for £162m

Caledonia bought a 98.9% stake in the company for £117.2m and provided a short-term bridging loan

  • Buyouts
  • 15 October 2018
Fundraising in pounds sterling
Stride.VC closes £50m seed fund

Firm simultaneously announces the appointment of former LGT Impact head of finance Arjuna Soysa

  • Funds
  • 15 October 2018
Dogs and dog shows like Crufts
Blackstone acquires NEC from LDC

Transaction reportedly values the Birmingham-based exhibitions organiser at more than £800m

  • Exits
  • 15 October 2018
Golf kit
Endless acquires American Golf from Sun European Partners

Deal for golf retailer reportedly follows a quick-fire sale and values the chain at less than £10m

  • Exits
  • 15 October 2018
Vaping devices and nicotine liquid
IW Capital invests £2m in Eos Leisure

With the new capital, Eos Leisure intends to drive development of its own-brand sales

  • Expansion
  • 12 October 2018
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