United Kingdom
GCP acquires Garrets International
Greenhill Capital Partners has acquired Essex-based marine catering management business Garrets International for a reported ТЃ17m.
Better Capital buys Everest for £25m
Turnaround specialist Better Capital has acquired a 95% in stake in UK-based home improvement products manufacturer Everest in an all-equity, ТЃ25m transaction.
Hedge funds: A new source of dealflow
The credit crisis has left hedge funds holding on to unwanted equity stakes. Could this be a new source of dealflow for private equity buyers? Sonnie Ehrendal investigates
Terra Firma buys Garden Centre for £276m
Terra Firma Capital Partners has acquired British garden centre operator The Garden Centre Group from Lloyds for a total of ТЃ276m in equity and debt.
Imperial Innovations leads £3m funding round in Abingdon Health
Imperial Innovations Group has led a ТЃ3m funding round in Abingdon Health, a specialist medical diagnostics company, alongside other private investors.
LDC backs Airline Services MBO
LDC has backed the MBO of aircraft maintenance company Airline Services.
Percipient generates 18x on Milmega exit
Percipient Capital has exited EMC testing and RF microwave specialist Milmega Limited making 18x its original investment and a 50% IRR.
Baird looking to raise £250m
UK-based mid-cap investor Baird Capital Partners Europe is currently raising a ТЃ250m fund, according to a source close to the situation. The firm's previous vehicle closed on тЌ204m in 2005.
Chancellor reneges on VCT investment cap
As part of yesterdayтs Budget, the government has confirmed that previously announced changes to the Enterprise Investment Scheme and VCTs will go ahead. But a retrospective change to the annual investment limit spells trouble for the VCT community and...
YFM and MMC inject £1.5m into KnowledgeMill
YFM Equity Partners and MMC Ventures have co-invested ТЃ1.5m in London-based email management platform KnowledgeMill.
Lack of metrics stalls progress of social impact investment
The impact investment industry, which focuses on firms with a positive social impact, stands at a crossroads. Following the swift growth of microfinance, the most mature of impact investment sectors, the burgeoning asset class is emerging within venture...
Index Ventures closes life sciences fund at €150m
Index Ventures has closed its latest life sciences fund, raising тЌ150m from LPs and pharmaceutical companies.
Vista to buy Misys for £1.27bn
Vista Equity Partners has agreed a ТЃ1.27bn bid for British banking software provider Misys.
Arle, AlpInvest and GSCP portfolio company Expro divests business
British oil and gas company Expro, held by Arle Capital Partners, AlpInvest Partners, and Goldman Sachs Capital Partners, has divested its Connectors & Measurements business.
MMC Ventures announces second venture capital fund
MMC Ventures launches its second venture capital fund for young investors. The MMC Growth Generation Fund is available to investors aged 18-35 with ТЃ2,500 to ТЃ10,000 to invest.
Have your say: unquote" Watch
With the Chancellorтs latest Budget rapidly approaching, is the UK government doing enough to support investment? Is the industry facing significant refinancing issues over the next two years?
Nauta Capital backs Brandwatch
Nauta Capital has led a тЌ4.6m funding round for Brighton-based social media monitoring service Brandwatch.
Mayers joins MML
Richard Mayers has been appointed investment director in MML Capital Partners' London team.
ISIS exits TVC to the Economist
ISIS Equity Partners has sold communications agency TVC to the Economist Group.
Dunedin makes five promotions
Dunedin has made five promotions: Nicholas Hoare has been promoted to COO; Jon Ma, Oliver Bevan and Simon Rowan have been made investment directors; and Jamie Moodie has taken on the role of senior associate.
BGF backs STATS Group
The Business Growth Fund has invested ТЃ7.8m in Aberdeen-based oilfield service sector firm STATS Group in exchange for a minority stake.
Fifth Cinven fund holds first close at €3bn
Cinven has held a тЌ3bn first close for its fifth fund.
Bridges Ventures announces new chairman
Bridges Ventures has appointed Peter Englander as chairman.
LDC's A-Gas acquires Australian Technochem
LDC portfolio company A-Gas has acquired Australian refrigerant re-packer Technochem.