United Kingdom
Maven-backed Vodat buys Axonex
Three directors and majority shareholders from Axonex will become shareholders in the new group
Balderton raises $375m for sixth fund
New vehicle will focus on series-A investments in European technology companies
Inflexion acquires £150m stake in Radius
Fuel card provider will look to expand internationally under its new ownership model
BGL shelves IPO, sells 30% stake to CPPIB
Current owners BHL to retain a majority holding in the company after the transaction
Montagu to take Servelec private for £223.9m
GP makes all-equity cash offer of ТЃ3.13 per share, a 19.8% premium on the closing share price
Stanhope Capital launches Entrepreneurs Fund
Vehicle will invest in buyouts and growth equity transactions for European SMEs
UK autumn budget: industry reactions
VCT and EIS fund managers and trade bodies broadly welcome the autumn budget, as BBB receives an additional ТЃ2.5bn in funding
Mercia moves into new Leeds office
Firm is increasing its activity after being appointed to manage Northern Powerhouse funds in February
Livingbridge opens US office
New Boston location will support portfolio companies' expansion plans in the US market
GCP invests in DMW Group
Deal for the IT consultancy is the fifth investment from the GP's ТЃ205m fourth fund
BC Partners to close 10th buyout fund in coming weeks
GP is understood to be anticipating a handful of commitments before holding a final close in January
BGF acquires minority stake in Cornwall Insight
BGF is having a quieter year with 23 deals completed so far in 2017
Inflexion backs MBO of PCMS Group
Acquisition of the POS software business comes a week after the GP acquired Atcore
Livingbridge acquires LDC-backed Giacom
Vendor has reinvested for a minority stake in the cloud-based IT marketplace
Mayfair-backed Yo! Sushi acquires Bento for CAD 100m
Acquisition of the Canadian sushi brand will expand the group's North American presence
Mercia in £5m series-A for Aston EyeTech
VC invested ТЃ1.8m in the round for the Birmingham-based eyecare diagnostics startup
Magenta Partners backs Trustpay from new fund
Magenta will make growth equity investments between ТЃ5-20m from its latest vehicle
Rubicon and Grovepoint support buyout of John Lawrie
Oilfield decommissioning and metal recycling company will look to expand across the UK and US
JC Flowers- and Encore-backed Cabot pulls IPO
Company says the current IPO and broader market conditions are not conducive to a flotation
Bridgepoint acquires Burger King franchise
GP also secures a 20-year master franchise agreement for the Burger King brand in the UK
Axa Strategic Ventures launches $175m fund-of-funds
VC firm aims to deploy capital in a global portfolio of "top-tier" venture capital funds
3i reports 8% NAV per share increase in H1 results
GP generated gross investment return of ТЃ715m, with ТЃ374m generated from divestments
Bridges invests £10m in Shaw Healthcare
GP drew its investment for the elderly care provider from its permanenent capital fund
LDC hires Weston as investment director
Philip Weston joins from Kelso Asset Management, where he worked as a partner between 2002-2017