United Kingdom
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 £1.2bn.
Ludgate backs Ignis Biomass
Ludgate Investments has injected £3.1m into Ignis Biomass, a UK-based renewable energy company, in exchange for a minority stake.
Ludgate backs Tamar Energy
Ludgate Investments has injected £7m 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 £175m.
BGF injects £3.85m into M Squared Lasers
Business Growth Fund (BGF) has invested £3.85m 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 Unsworth’s 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 £8m.
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 £85m deal yielding a 3x return for the seller, according to a source close to the deal.
Vitruvian leads $64m round for Just-Eat
Vitruvian Partners has led a $64m funding round for London-based online takeaway ordering service Just-Eat.
Terra Firma buys Four Seasons for £825m
Terra Firma has acquired British elderly and specialist care provider Four Seasons for £825m.
ISIS appoints four partners
ISIS Equity Partners has promoted Pete Clarke, Liz Jones, Paul Morris, and Daniel Smith to partner.
ISIS closes fifth fund on £360m
ISIS Equity Partners has closed its fifth vehicle ISIS V on £360m.
McDermott hires Dewey & Leboeuf duo
Law firm McDermott Will & Emery has officially appointed Mark Davis and Russell Van Praagh as partners in the firm's London offices.
CVC acquires AlixPartners
CVC Capital Partners has acquired a majority stake in corporate advisory firm AlixPartners from private equity owner Hellman & Friedman.
Naxos Capital et al. back P2i
French GP Naxos Capital Partners has taken part in a £12m funding round for British liquid repellent coating firm P2i.
UK PE market defies recession
While the UK officially entered a double dip recession this morning, its private equity market has defied the gloom and is once again showing growth.
Video: Government raises pressure on Bribery Act
The Bribery Act makes it a corporate offence if a business with a UK presence fails to prevent a bribe.
EV backs MBO of HSEC
Venture capital firm EV has backed the £2.7m management buyout of Health Safety and Engineering Consultants (HSEC), based in Ashby-de-la-Zouch.
HgCapital’s Voyage Care acquires Solor Care
HgCapital and SL Capital Partners portfolio company Voyage Care has acquired UK care provider Solor Care from Barclays Ventures and RBS.
YFM appoints non-exec chairman
Andrew Marchant has been appointed non-executive chairman of YFM Equity Partners.
PEF raises £1m for disadvantaged young people
Last week’s Private Equity Foundation (PEF) Full Potential Awards dinner was attended by 400 people and raised £1,046,070. The sum is earmarked to help some of the most disadvantaged and vulnerable young people in the UK.