United Kingdom
Nova Capital promotes Jonathan Seal
Nova Capital Management, a firm specialising in the acquisition of corporate and private equity portfolios, has promoted Jonathan Seal to investment partner.
Norvestor backs Robust
Norvestor has invested in the steel door division of Sweden- and UK-based Robust AB, which specialises in the production and sale of steel security and fire doors.
Osprey Capital makes 12x money on Allium sale
Osprey Capital has completed its first divestment, reaping an 11.9x multiple on the sale of British advisory firm Allium Capital.
NBGI backs Cosalt Offshore
NBGI Private Equity has acquired the Aberdeen and Norway operations of oil services company Cosalt Offshore to merge them with its portfolio company ATR Group.
Sovereign's World Class Learning to fetch >£150m
Buy-and-build specialist Sovereign Capital is a step closer to realising its 2008 investment in World Class Learning (WCL), a British exporter of educational services.
Connection Capital buys £9m TeamSport Racing
Connection Capital has invested in the ТЃ9m management buyout of UK-based go-karting tracks operator TeamSport Racing Ltd.
LDC backs barriers manufacturer ATG Access
LDC has made a minority investment in ATG Access, a British manufacturer of vehicle barrier systems.
Investcorp acquires Hydrasun from Equistone
Investcorp has bought Aberdeen-based oil and gas services business Hydrasun Ltd in a secondary buyout from Equistone Partners Europe.
Private equity players circle Republic
The founder of fashion chain Republic, which went into administration earlier this week, is considering teaming up with a private equity buyers to rescue the business, according to reports.
Scottish Enterprise et al. back Lux Assure
Scottish Enterprise has taken part in a ТЃ3.25m funding round for Edinburgh-based technology development business Lux Assure.
Aberdeen acquires majority stake in SVG Advisers
Aberdeen Asset Management has acquired a 50.1% stake in SVG Capital subsidiary SVG Advisers (SVGA) for ТЃ17.5m.
OceanBridge appoints partners to London office
Deal-by-deal investor OceanBridge Partners has appointed Bob MacKenzie and Nick Hewitt as partners at its London office.
BVCA calls for return of taper relief
The BVCA has called for the return of the controversial taper relief for capital gains tax (CGT) in some cases.
TPG-backed retailer Republic enters administration
British clothing retailer Republic, owned by TPG Capital, has appointed Ernst & Young as its administrator.
BGF backs Aubin with £2.3m
The Business Growth Fund (BGF) has backed Scottish oil and gas services company Aubin with a ТЃ2.25m investment.
ECI promotes Lewis Bantin to partner
ECI Partners has promoted Lewis Bantin to partner within the firm.
MTI et al. invest in Oxford Photovoltaics
MTI Partners has led a ТЃ2m investment round for Oxford Photovoltaics Ltd (OPV), an Oxford University spinout commercialising solid-state solar cells.
UK activity falls behind France and DACH
The UK & Ireland private equity market has been overtaken by the French and DACH regions in January according to figures from unquoteт data.
Financial rewards still main incentive for chairmen of PE-backed businesses
The potential of a significant pay-out on exit is still the main incentive for working with private equity-backed businesses, according to a recent survey of 502 UK-based chairmen and non-executive directors (NEDs).
Electra in £56m secondaries deal
Electra Partners has acquired stakes in five private equity funds from an unnamed bank for ТЃ56m.
CBPE sells Rosemont Pharmaceuticals to Perrigo
CBPE Capital has sold Leeds-based pharma company Rosemont Pharmaceuticals to US trade buyer Perrigo Company.
Palatine acquires Inspired Gaming unit
Palatine Private Equity has acquired the amusement and gaming division of British server-based gaming provider Inspired Gaming.
Octopus looking to raise £70m over four VCTs
Octopus Investments has announced plans to raise ТЃ70m over four VCTs, targeting UK SMEs.
Dunedin's Hawksford acquires Key Trust
Dunedin has acquired wealth management business Key Trust Company Ltd through its portfolio company Hawksford.