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United Kingdom

Fundraising in pounds sterling
Shard holds first close on £90m for private debt fund

Fund targeting £250m with £300m hard-cap, expects to hold a final close by the end of 2018

  • Funds
  • 12 December 2017
Mirriad uses software to paste advertising into video content
PE-backed Mirriad to list in £63.2m IPO

Company raised £26.2m in gross proceeds through a conditional placing of shares

  • Exits
  • 11 December 2017
Lakelovers is an estate agent for holiday homes
LDC backs Lakelovers MBO

UK holiday cottages letting agent will undertake an acquisitive growth strategy following the deal

  • Buyouts
  • 11 December 2017
T-cells and biotechnology
Crescent-, Viridian-backed Fusion Antibodies to list on AIM

Northern Irish biotech company will use the capital to invest in its laboratories and manufacturing

  • Exits
  • 11 December 2017
Medherant develops transdermal drug patches
Mercia invests £2.5m in Medherant

Investment is part of a £3.8m funding round from other private investors and existing shareholders

  • Expansion
  • 11 December 2017
UK and Ireland private equity fund final closes
UK fundraising continues apace in 2017

Final closes in the first three quarters of the year show the UK is on track to surpass the post-crisis fundraising peak set in 2016

  • Fundraising
  • 11 December 2017
200 Degrees is a cafe chain
Foresight injects £3m into 200 Degrees

Business will use the fresh funding to open new coffee shops and invest in wholesale distribution

  • Expansion
  • 08 December 2017
Wood flooring materials
Alcuin sells Domus to Headlam for up to £35.4m

Sale of tile and hardwood floor business brings to an end a five-year holding period for the GP

  • Exits
  • 08 December 2017
Data hosting and global web management
LeapFrog leads $40m series-C for WorldRemit

Fresh capital will be used to expand the company's payment services into new markets

  • Expansion
  • 08 December 2017
Designer clothes
Livingbridge sells Crew Clothing to Exquisite Apparel

Sale of the clothing retailer brings an end to an 11-year holding period for the GP

  • Exits
  • 07 December 2017
Money raised in euros
Bridgepoint raises €5.5bn for sixth fund

GP exceeded its €5bn target and completed the fundraising ahead of schedule

  • Buyout
  • 07 December 2017
UK records surge in all-equity buyouts
Mercia holds £45.1m first close for EV Growth II

Tech-focused fund will make investments of up to £5m in buyouts and replacement capital deals

  • Funds
  • 07 December 2017
Fundraising in dollars
Apax closes digital fund on $1bn hard-cap

New team will be based in the firm's London and New York offices and led by Gigliani and O'Keefe

  • Funds
  • 07 December 2017
Engineering consultants and services
BGF, First Derivatives invest in AuditComply

Deal is the first to be jointly made by the backers after they announced a strategic partnership

  • Expansion
  • 06 December 2017
Insurtech services and software
CDPQ takes $400m stake in Hyperion

CDPQ joins the UK insurer alongside General Atlantic, which acquired a 33% stake in March 2013

  • Expansion
  • 06 December 2017
Car insurance
Deal in Focus: BC-backed Sabre floats with £575m market cap

IPO of the insurance underwriter raised £206m to acquire shares owned by BC and other investors

  • Exits
  • 06 December 2017
Pierre Samec of General Atlantic
General Atlantic appoints Samec as operating partner

Appointment is part of a raft of worldwide promotions at the firm, including two others in Europe

  • People
  • 05 December 2017
Data analysis
Synova-backed Defaqto refinances

New funding package will enable the business to repay shareholder debt and invest in further growth

  • Refinancing
  • 05 December 2017
Holiday homes and hotels
Pentech et al. in £3m round for TravelNest

Deal for the holiday bookings management platform is the first made by Pentech and Mangrove's new funds

  • Expansion
  • 04 December 2017
Elderly care
Terra Firma calls on H/2 to accept Four Seasons proposal

Development comes a month after the GP proposed to hand over its stake for a nominal sum

  • Exits
  • 04 December 2017
Wealth managers and financial advisers
Hg-backed Cogital buys Shelley Stock Hutter

Shelley Stock Hutter is the first acquisition made under the Blick Rothenberg brand

  • Portfolio management
  • 01 December 2017
UK fund closes and launches
Episode 1 closes second fund on €60m

BBB-backed tech-focused vehicle was oversubscribed and is 60% larger than its predecessor

  • Funds
  • 01 December 2017
Several promotions and appointments
Hughes Armstrong makes changes to management team

Founder Steve Lord takes charge of a portfolio company as the firm faces "excessive headwinds"

  • People
  • 01 December 2017
Manu Chao on tour in Greece in 2014
Riverside-backed DPA Microphones buys Sound Network

Acquisition of professional audio distributor comes four years into the GP's holding period

  • Portfolio management
  • 30 November 2017
129 130 131
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