United Kingdom
Lloyds to sell fund stakes totalling €1bn
Lloyds Banking Group has hired Campbell Lutyens to sell around тЌ1bn worth of stakes in private equity funds, according to reports.
UK support services boom in Q1 2012
The support services sector performed well in Q1 of 2012, raising expectations of strong growth for the remainder of the year.
Bowmark backs Care Fertility Group MBO
Bowmark Capital has backed the management buyout of UK fertility clinic Care Fertility Group in a deal said to be worth ТЃ60m.
ICG-backed Symington's acquires Victoria Foods
ICG portfolio company Symingtonтs, a convenience food manufacturer, is understood to have bought family baking business Victoria Foods.
Lyceum Capital expands team
Lyceum Capital has expanded its team with two new hires in addition to two in-house promotions.
Canaan leads $12m round for onefinestay
Canaan Partners has led a $12m series-B funding round for London-based accommodation manager onefinestay.
Tim Creed promoted to managing director at Adveq
Adveq has promoted Tim Creed to managing director, effective from 1 July 2012.
Gribkowsky admits taking bribes from Ecclestone
Gerhard Gribkowsky has admitted to taking bribes amounting to $44m from F1 chief executive Bernie Ecclestone during the sale of the company to CVC Capital Partners.
Onex opens London office
North American investment firm Onex has announced the opening of a London office led by newly-hired managing director Tony Morgan.
Bridgepoint's LGC receives additional £80m from lenders
Forensics and scientific testing company LGC, owned by Bridgepoint, has raised ТЃ80m of additional capital from a consortium of lenders.
Endless hires general counsel
UK-based turnaround investor Endless has appointed Simon Hardcastle as general counsel.
Alliance Boots partial exit raises £4.3bn cash and shares
KKR and AXA Private Equity have made a partial exit from Alliance Boots following a cash and shares offer from US pharmaceutical retailer Walgreens.
VCs in $28m funding round for Oxford Immunotec
A pool of venture capital firms has backed a $28m funding round for Oxford Universityтs medical diagnostics spin-off Oxford Immunotec.
BGF invests £4.4m in Springfield Healthcare Group
Business Growth Fund (BGF) has injected a total of ТЃ4.4m into care provider Springfield Healthcare Group.
CVC further reduces stake in Formula 1
CVC Capital Partners has sold another $500m chunk of its holding in British racing business Formula 1 to Waddell & Reed and Ivy Investment Management.
Pentech backs Nutmeg with £3.4m
Pentech Ventures has joined a ТЃ3.4m funding round for online investment manager Nutmeg.
Octopus appoints entrepreneur in residence
Peter Bance has been appointed as entrepreneur in residence at Octopus Investments' venture team.
PE houses circle Everything Everywhere
Private equity firms including Apax and KKR are in discussions to bid for UK mobile operator Everything Everywhere in a deal that could exceed тЌ8bn, according to reports.
Finance Yorkshire announces new hires
Finance Yorkshire has expanded its equity linked finance team.
How private equity helps build British businesses
Speak up for PE
Ambienta backs FoundOcean
Ambienta Sgr has acquired a 35% stake in UK-based sub-sea and offshore foundation grouting services firm FoundOcean.
Encore acquires TSC
Encore Capital has acquired a majority stake in software company Technical Software Consultants (TSC).
YFM backs Mynt Facilities with £650,000
YFM Equity Partners has injected ТЃ650,000 into Merseyside-based commercial cleaning business Mynt Facilities Services.
YFM backs Mynt Facilities with £650,000
YFM Equity Partners has injected ТЃ650,000 into Merseyside-based commercial cleaning business Mynt Facilities Services.