United Kingdom
PE firms circle Birds Eye Iglo
A number of private equity houses have submitted first-round offers for Permira-backed Birds Eye Iglo, according to reports.
Endless buys Cinesite
Turnaround investor Endless has acquired a 60% stake in London-based visual effects company Cinesite from Kodak.
Balderton leads £10m series-C for MedicAnimal
Balderton Capital has led a ТЃ10m series-C financing round for online pet supplies retailer MedicAnimal.com.
Dow Schofield Watts hires four
Corporate finance firm Dow Schofield Watts has appointed two new hires to the Yorkshire and North East office and added another duo to the Daresbury team.
Marriott Harrison hires new corporate partner
Law firm Marriott Harrison has promoted Jonathan Leigh-Hunt to corporate partner.
Maven appoints new investment director
Maven Capital Partners has hired Ben Bolt as investment director.
UK & Ireland unquote" May 2012
Business now needs to fuel future growth in order to get the UK's economy moving again, according to the latest Ernst & Young's Item Club.
Gresham appoints investment manager
Mid-market GP Gresham Private Equity has appointed Adam Rudd as investment manager in its Manchester office.
PE firms circle Premier Foods' spread businesses
TDR Capital, CapVest and Morgan Stanley Private Equity are reportedly due to submit first round bids for Sun Pat and Hartley's Jam, two businesses owned by Premier Foods.
BGF and NVM invest £10m in Wear Inns
The Business Growth Fund (BGF) and previous backer NVM Private Equity have invested a joint ТЃ10m in UK pub chain Wear Inns.
LDC-backed A-Gas acquires SA Rural
LDC portfolio company A-Gas International has acquired Australian fumigation products company SA Rural Agencies.
GPs warned over exit clauses
GPs are being warned to ensure pre-emption rights on deals are properly drafted, after recent cases highlighted potential pitfalls.
Lloyds announces six senior promotions
Lloyds's acquisition finance team has promoted six professionals to senior positions across Europe.
Lion to make 5x money on Weetabix
Lion Capital has sold 60% of UK cereal business Weetabix to Chinese food group Bright Food, in a deal that values the company at ТЃ1.2bn.
Ludgate backs Ignis Biomass
Ludgate Investments has injected ТЃ3.1m into Ignis Biomass, a UK-based renewable energy company, in exchange for a minority stake.
Ludgate backs Tamar Energy
Ludgate Investments has injected ТЃ7m into Tamar Energy, a UK-based company that produces energy from organic waste.
Matrix reaps 17.8x on Camwood
Matrix Private Equity Partners and Foresight Group have sold their original stake in Camwood, an IT services business, in a sale back to management.
Montagu acquires CAP
Montagu Private Equity has bought Leeds-based CAP, a provider of information to the automotive industry, for an estimated ТЃ175m.
BGF injects £3.85m into M Squared Lasers
Business Growth Fund (BGF) has invested ТЃ3.85m for a minority stake in Glaswegian laser and detection technology company M Squared Lasers.
3i Debt Management appoints new portfolio manager
David Fewtrell has joined 3i Debt Management as a portfolio manager.
Langholm acquires Purity Soft Drinks in MBI
Langholm Capital has backed Gary Nield and Peter Unsworthтs management buy-in of Purity Soft Drinks from long-time owners the Cox family.
UK government sells remaining stake in Actis
Emerging markets investor Actis has bought the remaining 40% shareholding held in the company by the UK government for ТЃ8m.
Altius adds to infrastructure team
Altius Associates has appointed Reyno Norval to the global infrastructure and real assets team in London.
Caird Capital exits Bifold to LDC for £85m
Caird Capital has exited gas pumps manufacturer Bifold Group to LDC in a ТЃ85m deal yielding a 3x return for the seller, according to a source close to the deal.