United Kingdom
Connection backs £10.2m ACT Clean MBO
GP invests ТЃ5m to support the buyout of the cleaning and kitchen portering business
KKR to acquire Travelopia from TUI in €381m deal
GP has invested from its fourth European fund in a deal that values the specialist travel group at 7.7x underlying EBITDA
Patron, Heineken acquire Punch Taverns in £1.8bn EV deal
Transaction will see the GP acquire 1,300 pubs with the trade investor acquiring the remaining 1,900
Palatine's Verdant bolts on Crosslaw Caravan Park
Deal marks the third acquisition made by the leisure park operator since the GP's initial investment
CVC acquires stake in Pension Insurance Corporation
Deal reportedly values the pensions insurance group at around ТЃ2bn and will see the GP take a 10-20% stake
Advent sells remaining 12.1% stake in DFS for £58.5m
Divestment values shares in the sofa retailer at 24% less than when the GP sold a 14% stake 10 months ago
Bregal Sagemount closes second vintage on $960m
Bregal's second fund is its first private equity vehicle to seek commitments from outside investors
Modern TMT managers challenge traditional skin-in-the-game incentives
Private equity investors face a challenge to hold onto business managers for a 3-5 year holding period
SL Capital hits £516m final close for maiden infrastructure fund
Fund launched in June 2014 with a ТЃ400m target and already has four portfolio companies
Lyceum acquires Timico in deal worth more than £50m
Acquisition of the IT business marks the GP's second investment in the sector over the past seven months
G Square holds €350m final close for second fund
Latest vehicle from the healthcare-focused GP is 67% larger than its 2011-vintage predecessor
Great Hill sells Momondo to The Priceline Group for $550m
Transaction values the online travel search business at more than three times its valuation at the time of the GP's initial investment
Endless and GCP sell Excelsior to Mondi for £33m
Deal comes four years after GCP first backed the packaging company and two year after Endless's initial investment
Waterland opens UK office to capitalise on Brexit
Dutch GP will look to expand UK companies into Europe as part of a currency-related investment thesis
Patron, Heineken set for £1.8bn Punch Taverns take-private
Private equity house will join trade investor Heineken to acquire the pub business, which will be divided between the parties
Inflexion invests in Medivet
Deal is the latest in a number of private equity investments in the veterinary sector
Carlyle raises $2.24bn for Strategic Partners IV
Fund has received four times the commitments of its predecessor, CSP III
Dunedin sells Steeper's BeBionic to Ottobock
Sale of the prosthetics company's division is the final exit for the GP's 2000-vintage debut fund
Deal in Focus: Epiris sells Audiotonix to Astorg
Sale of the audio mixing console business will generate a return of 4.8x and IRR of 51% for the vendor
Index Ventures and Backed VC invest in Hutch
Games developer intends to strenghten its presence on the market
NorthEdge-backed Ramsdens to float with £26.5m market cap
IPO of the UK pawnborker and foreign exchange business will return ТЃ10.6m to existing investors
ECI divests stake in Clarke Energy to Kohler
Deal is widely reported to value the energy equipment business between ТЃ300-350m
BC Partners appoints Ismail as managing partner
New recruit joins the firm as it begins deploying capital from its €7bn 10th fund
Phoenix invests in Rayner
Deal for opthalmic implant business marks the second investment from Phoenix's 2016-vintage fourth vehicle