United Kingdom
OceanBridge appoints partners to London office
Deal-by-deal investor OceanBridge Partners has appointed Bob MacKenzie and Nick Hewitt as partners at its London office.
BVCA calls for return of taper relief
The BVCA has called for the return of the controversial taper relief for capital gains tax (CGT) in some cases.
TPG-backed retailer Republic enters administration
British clothing retailer Republic, owned by TPG Capital, has appointed Ernst & Young as its administrator.
BGF backs Aubin with £2.3m
The Business Growth Fund (BGF) has backed Scottish oil and gas services company Aubin with a £2.25m investment.
ECI promotes Lewis Bantin to partner
ECI Partners has promoted Lewis Bantin to partner within the firm.
MTI et al. invest in Oxford Photovoltaics
MTI Partners has led a £2m investment round for Oxford Photovoltaics Ltd (OPV), an Oxford University spinout commercialising solid-state solar cells.
UK activity falls behind France and DACH
The UK & Ireland private equity market has been overtaken by the French and DACH regions in January according to figures from unquote” data.
Financial rewards still main incentive for chairmen of PE-backed businesses
The potential of a significant pay-out on exit is still the main incentive for working with private equity-backed businesses, according to a recent survey of 502 UK-based chairmen and non-executive directors (NEDs).
Electra in £56m secondaries deal
Electra Partners has acquired stakes in five private equity funds from an unnamed bank for £56m.
CBPE sells Rosemont Pharmaceuticals to Perrigo
CBPE Capital has sold Leeds-based pharma company Rosemont Pharmaceuticals to US trade buyer Perrigo Company.
Palatine acquires Inspired Gaming unit
Palatine Private Equity has acquired the amusement and gaming division of British server-based gaming provider Inspired Gaming.
Octopus looking to raise £70m over four VCTs
Octopus Investments has announced plans to raise £70m over four VCTs, targeting UK SMEs.
Rock Spring Ventures holds first close at £26.3m
Rock Spring Ventures has held a first close for its Scottish venture fund, Rock Spring Ventures EU LP (RSV‐EU), on £26.3m.
Dunedin's Hawksford acquires Key Trust
Dunedin has acquired wealth management business Key Trust Company Ltd through its portfolio company Hawksford.
Doughty Hanson refocuses on private equity
Doughty Hanson has completed its internal restructuring, moving away from real estate and venture, alongside the creation of a new partnership structure.
Ingenious raising two new VCTs
Ingenious Media, a UK-based venture capital and private equity firm that specialises in the media and entertainment sector, has announced plans to raise two new funds to invest in live events.
TowerBrook closes fourth fund on $3.5bn
TowerBrook Capital Partners has held a final close for its fourth buyout fund, reaching its $3.5bn hard-cap.
August sells 4Projects to TA-backed Coaxis
August has sold building software company 4Projects to US-based Viewpoint in a deal worth between £25-50m.
Duke Street-backed 2e2 collapses
British IT services provider 2e2, backed by Duke Street, has collapsed after administrators failed to find a buyer for the business.
Enterprise Ventures backs Ph.Creative
Enterprise Ventures has invested £500,000 in Liverpool-based marketing agency Ph.Creative from its North West Fund for Venture Capital.
Private equity firms prepare £10bn EE bid
Apax Partners and KKR are bidding against Blackstone and CVC Capital Partners for UK mobile phone operator EE, according to reports.
UK & Ireland unquote” February 2013
The Prime Minister has finally given into the Eurosceptic wing of his party and promised an “in/out” referendum on European Union (EU ) membership.
Travers Smith appoints senior partner
UK law firm Travers Smith has promoted Chris Hale, currently head of corporate, to senior partner.
MMC and Enterprise Ventures back Tyres on the Drive
MMC Ventures and Enterprise Ventures have provided £640,000 of follow-on funding for Tyres on the Drive.