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United Kingdom

People moves and promotions
Equistone hires MML's Baker

In his new role, Baker will be responsible for expanding Equistone's UK portfolio

  • People
  • 10 January 2018
Vivek Ahuja of Terra Firma
Terra Firma hires new CFO

Vivek Ahuja and Mark Elliott join as CFO and head of support capital, respectively

  • People
  • 10 January 2018
GPS satellites and associated technologies
BGF backs Walker Precision Engineering

Walker has seen an increase in demand from the burgeoning space market, BGF says

  • Expansion
  • 10 January 2018
Business agreement
Monument Group promotes three to partner

Adam, Diggins and MacCurtain become partners in the London and Boston offices of the placement agent

  • People
  • 10 January 2018
Job applications and new recruits
Aurelius hires Peter Wood from Next Wave

Wood will be responsible for sourcing investments in listed and private UK companies

  • People
  • 08 January 2018
Connor Trendell of FPE Capital
FPE Capital hires Trendell as investment manager

Trendell joins from Deloitte, where he worked as a manager between 2011-2018

  • People
  • 08 January 2018
Nuclear plants and energy companies
Aliter-backed Ipsum buys SPEC

Group expects to generate revenues of £23m and employ 175 people after the transaction

  • Expansion
  • 08 January 2018
New appointment
Edge Investments hires Santamaria and Burge

Both investment managers have a background in early-stage tech investment

  • People
  • 08 January 2018
Board room deals and discussions
TA Associates promotes three in London office

Patrick Sader becomes MD, while Max Cancre and Lovisa Lander are promoted to senior vice-presidents

  • People
  • 08 January 2018
Fundraising in pounds sterling
WestBridge holds £50m first close

British Business Bank commits £15m, with the vehicle aiming to raise £100m overall

  • Funds
  • 08 January 2018
Grobag by the Gro company
Mobeus sells Gro Company to trade for £22m

Sale generates a total return of 2x money for Mobeus and an IRR of more than 20%

  • Exits
  • 05 January 2018
Bone setting and bioceramics companies
Baird Capital exits RaySpec

Polatechno acquires RaySpec for its products and future collaboration opportunities

  • UK / Ireland
  • 04 January 2018
Cyberbullying
Maven invests £1.95m in E-Safe Global

Deal comes two years after the GP made a £450,000 investment in the cyberbullying detection business

  • Expansion
  • 04 January 2018
Several promotions and appointments
ECI appoints three, promotes two

Daniel Bailey, Isa Maidan and Laura Morrill join the GP's investment team

  • People
  • 04 January 2018
Cloud computing and hosting services
Tenzing invests in buyout of Converge TS

Acquisition of the cloud-based IT business is the GP's second investment from its maiden fund

  • Buyouts
  • 03 January 2018
University services and student loans
HgCapital-backed A-Plan buys Endsleigh from Zurich

Endsleigh will continue to operate as a separate entity under its existing management team

  • Portfolio management
  • 03 January 2018
Neom sells scented candles and room fragrances
Piper invests in Neom Organics

GP acquires a minority stake in the UK-headquartered skincare and fragrances brand

  • Expansion
  • 03 January 2018
Crowdfunding platforms
VC-backed Funding Circle plans £1bn IPO

Peer-to-peer lending platform has raised more than £250m over six funding rounds

  • Exits
  • 03 January 2018
Meat producers and packaging
BGF injects £10m into DB Food

Funding will be directed towards the group's low-fat meat and protein division Muscle Food

  • Expansion
  • 02 January 2018
Car insurance
Connection Capital in £13.3m Tempcover MBO

GP invests £7.5m in the transaction for the online temporary insurance provider

  • Buyouts
  • 02 January 2018
Lawyers and corporate attorneys
Bowmark sells LBR to Levine Leichtman

Secondary buyout of the legal publishing company brings to an end a five-year holding period

  • Exits
  • 02 January 2018
Tom Haywood of Foresight Group
Foresight appoints Haywood as investment manager

New recruit previously co-founded biotech company Puridify, which was sold to GE Healthcare

  • People
  • 21 December 2017
Books and libraries
Aurelius buys Connect Books

Division comprises six brands and has projected combined revenues of €250m for 2017

  • Buyouts
  • 21 December 2017
UK buyouts completed between January and November
UK buyout activity reaches post-crisis peak in 2017

Small-cap and lower-mid-market invested strongly during the course of the year, while fundraising activity continued apace

  • Investments
  • 21 December 2017
127 128 129
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