United Kingdom
EQT picks up Vertu from Nokia
EQT Partners has acquired luxury phone business Vertu from Nokia.
LDC acquires Metronet from YFM
LDC has completed the management buyout of UK-based internet service provider Metronet from YFM Equity Partners and Acceleris.
Palatine adds two to advisory board
Palatine Private Equity has appointed Ian Darby and Michael Fort to its executive advisory board.
Turnarounds expect deal flood post-Olympics
The Diamond Jubilee and Olympics are detracting from private equity activity, though banks could at last be ready to sell their equity investments. Kimberly Romaine reports
Next Wave acquires Molinare
Next Wave Partners has acquired UK post-production firm Molinare TV and Film Ltd.
OMERS PE acquires Lifeways from August Equity
The private equity branch of Canadian pension fund OMERS has acquired British healthcare services provider Lifeways from August Equity.
Brian Magnus leaves Morgan Stanley Private Equity
Brian Magnus, formerly managing director and head of Morgan Stanley's private equity business in London, has left the company.
UK & Ireland unquote" June 2012
After several difficult years, Terra Firma may be turning its fortunes around and exorcising the ghost of EMI.
FIG launches VC fund for graduates
London-based venture capital firm Find Invest Grow (FIG) has launched its maiden vehicle, the FIG Concept Seed Fund.
MML sells Industrial Acoustics to AEA
MML Capital Partners has sold noise control products manufacturer Industrial Acoustics to AEA Investors.
ICG backs Symington's in SBO
Intermediate Capital Group has invested in the secondary buyout of convenience food producer Symingtonтs from Bridgepoint Capital.
Inflexion acquires Marston Group from Gresham
Inflexion Private Equity has bought UK-based judicial services business Marston Group from Gresham Private Equity.
Foresight completes Aquasium partial exit
Foresight-backed technology company Aquasium has sold its electron beam subsidiary EBTEC to EDAC Technologies Corporation for approximately $11m.
New advisory firm to offer pre-sale advice for UK businesses
Entrepreneur James Caan and corporate financier Paul Herman have launched bluebox, an advisory firm aiming to help UK businesses prepare for sale.
CVC's Formula One postpones IPO
CEO Bernie Ecclestone told Reuters that the IPO of CVC-backed Formula One Group on the Singapore Stock Exchange may be postponed to later this year.
EU relaxes VCT scheme requirements
The European Commission has enhanced its state aid approval for the UK's Venture Capital Trust (VCT) scheme, loosening both requirements and restrictions on maximum funding.
Dunedin sells Capula to Dutch trade buyer Imtech
Dunedin has sold Capula, a provider of IT systems solutions to energy operators, to Dutch Engineering company Imtech.
Social Action Fund backs Impetus Trust
Venture philanthropy organisation Impetus Trust has received a ТЃ310,000 investment from the Social Action Fund.
Enterprise Ventures and PHD Equity Partners invest in Barber
Enterprise Ventures (EV) and PHD Equity Partners have invested ТЃ2.7m in the ТЃ4.4m all-equity buyout of British equipment supplier Barber.
RIT partners with Rockefeller Financial Services
Investment trust RIT Capital Partners and asset manager Rockefeller Financial Services have announced the creation of a strategic partnership between the two entities.
Hermes appoints new CEO
Hermes Fund Managers has promoted Saker Nusseibeh to the role of chief executive officer.
Finance Wales backs QPC with £2.3m
Finance Wales has invested ТЃ2.3m in Welsh information technology company QPC.
Terra Firma head of IR quits
Terra Firmaтs head of investor relations Kamal Tabet has left the firm after only 11 months.
LDC-backed Avelo acquires TrigoldCrystal
LDC portfolio company Avelo has completed the strategic acquisition of London-based mortgage solutions provider TrigoldCrystal.