United Kingdom
Cinven-backed Spire Healthcare pays down debt
Cinven-backed Spire Healthcare has sold off 12 of its 38 hospitals in a bid to raise cash to reduce the large bank debt on its books.
HgCapital exits RidgeWind to Blue Energy
HgCapital has sold its 177MW wind portfolio, including the developer RidgeWind, to UK-based renewable energy investor and developer Blue Energy for ТЃ250m.
Hamilton Portfolio exits Global Expense
Hamilton Portfolio has sold UK-based expenses management firm Global Expense to US trade buyer Concur for ТЃ14m.
CapVest launches third fund with €400m target
CapVest has launched its third generalist mid-market fund, CapVest Equity Partners III LP, with a target of тЌ400m.
Panoramic marks first exit with 120% IRR Solfex sale
Panoramic Growth Equity has sold renewable energy distribution specialist business Solfex Energy Systems to Travis Perkins for more than ТЃ30m, according to a source.
CVC Credit Partners appoints Jonathan Bowers to partner
CVC Credit Partners has appointed four new partners, including Jonathan Bowers in the firm's London office.
Encore Capital exits Pro Bike Kit
Encore Capital has sold online cycling retailer Pro Bike Kit (PBK) to e-commerce firm The Hut Group.
Baker Tilly appoints three
Baker Tilly has appointed Laura Howes, Amy Lewis and Umito Choji to its corporate finance team in Leeds.
Highland and MMC back $20m NewVoiceMedia round
Highland Capital Partners and MMC Ventures have taken part in a $20m series-B round of funding for NewVoiceMedia.
YFM exits Naylor Industries
YFM Equity Partners has sold UK-based manufacturer of building materials Naylor Industries back to its management, reaping a 2x money multiple on its original investment.
3i in bid for National Air Traffic Services
3i has started the bidding process for a 12% stake in the UK's National Air Traffic Services (NATS), according to reports.
Impetus Trust and Private Equity Foundation to merge
UK charities Impetus Trust and Private Equity Foundation (PEF) are merging to create a new charity with greater reach.
NewGlobe secondaries firm launches
Secondaries firm NewGlobe Capital has launched today in partnership with US investor Hamilton Lane and private equity firm Vanterra Capital.
Palatine in Selection Services bolt-on
Palatine Private Equity and Beechbrook Capital have backed the management of IT managed services provider Selection Services in the acquisition of Aggregated Telecom Ltd, which trades as 8el.
Kinetic Partners names Julian Korek as CEO
Advisory firm Kinetic Partners has announced the appointment of Julian Korek as CEO of the company.
Doughty Hanson set to sell 20:20 Mobile Group
Doughty Hanson is in the process of selling mobile phone accessories business 20:20 Mobile Group to trade buyer Brightstar, according to reports.
Clegg blames lack of investment for GDP fall
A lack of capital investment has put the UK back into recession, according to deputy prime minister Nick Clegg.
Electra hires Rothschild over Allflex options
Electra Partners has hired Rothschild to advise on the future of animal identification tags business Allflex, according to reports.
MMC's Love Home Swap in bolt-on
MMC Ventures-backed Love Home Swap has acquired Canadian competitor 1stHomeExchange.com as a bolt-on.
Inflexion's NPW refinanced with £10m Clydesdale package
The February 2012 buyout of London-based impulse giftware retailer Natural Products Worldwide (NPW) saw Inflexion bridge the initial deal with a view to refinancing later.
Hamilton Lane appoints ex-3i Paul Waller as partner
Private equity and advisory firm Hamilton Lane has appointed Paul Waller as a partner in its London office.
UK Watch: Large deals boom in 2012
The final quarter of 2012 saw the highest large deal volume since early 2010, according to the latest unquoteт UK Watch, in association with Corbett Keeling.
GMG shelves Trader Media Group deal
Guardian Media Group (GMG) has ended talks to sell its stake in car classifieds business Trader Media Group (TMG) т a deal that could have seen Apax Partners take full control of the company т according to reports.
Gresham exits 7city Learning
Gresham Private Equity has sold British financial training business 7city Learning to Fitch Group.