United Kingdom
17Capital closes debut Credit Fund on EUR 2.6bn
Fund is the GP's first to focus on NAV financing in the form of credit, rather than preferred equity
Bowmark buys workflow automation provider WSD
GP will seek to expand London-based companyтs product development and grow in North America, Europe and Asia
Hg bolsters team with promotions and new hires
GP has promoted three to partner and fills newly created role, head of talen
Briar Chemicals owner Aurelius launches sale process
Aurelius had previously gauged interest for the chemicals producer in 2019, Mergermarket reported
Carlyle acquires life sciences investor Abingworth
Deal follows EQT's acquisition of LSP in November 2021 as asset managers look for greater specialisation
Phoenix exits Forest Holidays for 3x money
Buyer is Sykes Holiday Cottages, a portfolio company of Vitruvian Partners and Livingbridge
H2 Equity exits premium logistics group Cadogan Tate to TSG
US sponsor plans to use acquisitions to expand the London-headquartered company abroad; management will retain minority stake
Inflexion sells Marley for 3.5x, 58% IRR
Sale to listed construction firm Marshalls values the roofing tile specialist at GBP 535m
JamJar closes second fund on GBP 100m
JamJar Fund II is the consumer technology-focused first fund with institutional investor backing
Aztec appoints new head of ESG
Caroline Mantoura joins the fund services provider after 12 years at Accenture
NorthEdge appoints two new partners amid several senior promotions
UK GP bolsters teams in Manchester, Leeds and Birmingham with 80% of Fund III to invest and over 50% of its SME vehicle deployed
Epiris acquires Inchcape Shipping Services in SBO
Deal for London-based maritime services provider marks the 10th investment by Epiris Fund II
KSL Capital acquires Pig Hotels
Travel and leisure-focused GP plans to expand the boutique hotel chain across the UK with acquisitions and development
Lightrock announces promotions, board appointments
Impact investor expects to turn its focus to new deals in 2022 and grew its team by 30% in 2021
Growth Capital Partners V holds GBP 260m final close
UK-based GP aims to provide flexible capital for UK-based technology, services and industrials SMEs
Equistone sells FirstPort to sponsor-backed Emeria
Deal for UK property management group marks first exit from Equistone Partners Europe Fund VI
Glendower eyes new secondaries fund
London and New York-based secondaries firm was acquired by CVC Capital Partners in 2021
CVC sells Theramex to Carlyle, PAI for GBP 1.2bn
CVC acquired the women's health pharmaceutical business in a USD 703m carve-out in 2017
Equistone sells Team ITG to Bridgepoint
GP to rejoin the marketing activation business as minority shareholder via its dedicated Reinvestment Fund
Pamplona to liquidate LetterOne-backed funds, to sell LP stakes in cut-off process
GP to begin formal wind down process on three funds after sanctions hit the LPтs Russian backers
Livingbridge buys Nourish Care Systems
GPтs investment will aim to further develop the UK-based provider of digital care planning software to the social care sector
Circularity Capital hires new investment director
Deanna Zhang joins the UK-based circular economy investor from L-Gam
EMK Capital gears up for third fund
European mid-market investor held a final close for its predecessor fund in 2020 on EUR 1.5bn
Exponent sells Enra to Elliot Advisors
Exit reportedly values the UK-based specialist mortgage finance provider at more than GBP 350m