United Kingdom
Hertfordshire County Council commits £280m to LGT
LGT Capital Partners has received a £280m mandate for its multi-alternatives offering from the British Hertfordshire County Council.
Ballpark Ventures et al. invest in LoopMe
Ballpark Ventures has led a VC- and angel investors-backed funding round for UK mobile ads company LoopMe.
Palamon elects two partners
London-based private equity firm Palamon Capital Partners has promoted Jean Bonnavion and Ricardo Caupers to partners.
Prime Ventures IV holds first close on €100m
Prime Ventures has held a first closing for its latest fund, Prime Ventures IV, on €100m.
Maven backs Merson Signs
Maven Capital Partners has backed commercial signage manufacturer Merson Signs Ltd with a £900,000 mezzanine investment.
LDC backs OnApp in series-B round
LDC has led a series-B round of funding for London-based cloud services company OnApp, bringing the total amount raised by the business to more than $20m.
BGF invests £2.5m in business software provider Celaton
The Business Growth Fund (BGF) has invested £2.5m in British software-as-a-service company Celaton.
SEP backs Smarter Grid Solutions
Scottish Equity Partners (SEP) and Scottish Enterprise have invested £3m in Glasgow-based smart grid technology company Smarter Grid Solutions.
Leeds Equity takes 25% stake in Into University Partnerships
US-based Leeds Equity Partners has made a £66m investment in British education services company Into University Partnerships in return for a 25% equity stake.
HMV attracts private equity interest
A number of private equity firms have contacted HMV’s administrator Deloitte regarding a potential acquisition of the stricken firm, according to reports.
UK spin-offs are undersold – report
Corporate spin-offs could result in bargains for private equity buyers as many firms selling non-core units are focused on a speedy cash injection rather than long-term strategic objectives, according to research from Ernst & Young.
ICG exceeds target with €2.5bn close
Intermediate Capital Group (ICG) has closed its latest fund on €2.5bn, exceeding the original target of €2bn.
Key Capital et al. back Wells Plastics with £1.5m
Key Capital Partners and current shareholders have injected £1.5m as a follow-on investment in UK plastics specialist Wells Plastics.
NBGI's Horizon Care acquires Educare
NBGI Private Equity-backed specialist care provider Horizon Care has acquired care and education business Educare Adolescent Services Ltd.
BGF appoints former Advent partner as investment director
The Business Growth Fund (BGF) has appointed Rory Pope, a former partner at Advent International, as investment director for London and the south east.
NVM Private Equity appoints Andy Leach
British GP NVM Private Equity has appointed Andy Leach to its investment team.
Gleacher Shacklock appoints new partner
British corporate advisory firm Gleacher Shacklock has appointed Richard Slimmon as a partner.
Ingenious invests £750,000 in Digital Theatre
Ingenious Ventures has injected £750,000 into Digital Theatre, a London-based filming company for theatrical productions.
Ingenious Ventures backs Property Network
Ingenious Ventures has made an equity investment in Property Network, an online accommodation platform.
Telefónica backs Taskhub
Telefónica Ventures has invested a six-figure sum in London-based task outsourcing start-up Taskhub.
Capman exits IT2 to Wall Street Systems
CapMan has sold its entire IT2 Treasury Solutions (IT2) stake to New York-based banking software company Wall Street Systems.
RCapital acquires City Motor Holdings
RCapital has acquired UK car dealer group City Motor Holdings Ltd in a management buyout from owner Anthony Wickins.
Balderton Capital backs Rentify
Balderton Capital has invested in a £2m series-A round for UK-based online letting service Rentify.
Dunedin hits £240m for first close
Dunedin has held a stealth first close on £240m for its third buyout fund, indicating its target is comfortably within reach.