United Kingdom
Northern 3 VCT launches top-up shares
After the full subscription of the £15m Northern 2 VCT PLC public share issue, NVM Private Equity has announced the launch of a £2m top-up offer of new ordinary shares in Northern 3 VCT PLC.
BC European Capital IX closes at €6.5bn hard-cap
BC Partners has closed its ninth European Capital fund at the vehicle's €6.5bn hard-cap.
UK technology a safe haven for investment
The low growth potential of Europe is augmenting investor caution. The resulting search for reliable returns may see activity in UK technology companies rise. Amy King investigates
Corbett Keeling appoints Campbell
Corbett Keeling has appointed Mike Campbell as an associate in the firm's engineering and industrials sector team.
GP consolidation in emerging markets
Middle Eastern private equity giant Abraaj Capital is buying emerging markets investor Aureos Capital.
US hedge funds to rescue PE-backed Travelodge
Avenue Capital and GoldenTree Asset Management are to take over Travelodge, the debt-laden budget hotel chain backed by Dubai International Capital, according to reports.
Palio Capital Partners raising debt fund for UK SMEs
Palio Capital Partners has secured a cornerstone investment from the European Investment Fund, raising a third of its anticipated £100m first close.
Notion Capital reinvests in eSellerPro
Notion Capital has invested a further £1m in portfolio company eSellerPro, a Gloucestershire-based e-commerce software provider.
Inflexion acquires Natural Products
Inflexion Private Equity has completed the buyout of London-based impulse giftware retailer Natural Products Worldwide (NPW).
Sovereign-backed IMS Group acquires US subsidiary
Sovereign Capital portfolio company the IMS Group, a governance, risk and compliance services provider, has acquired the outstanding shares in New-York based subsidiary IMS Consulting US using funds from its existing balance sheet.
MML Capital and Sports Investment Partners back Arena
MML Capital has led a £16.5m funding round for events management company the Arena Group alongside Sports Investment Partners, chaired by Sir Martin Broughton, the former chairman of Liverpool FC. MML Capital contributed £15m alongside a £1.5m coinvestment...
Carlyle reaps 1.8x on exit from Talaris
The Carlyle Group has sold UK-based cash management company Talaris to Japanese money handling solutions provider Glory Ltd for an enterprise value of £650m.
LDC's EDM Group acquires Filing Plus
LDC portfolio company EDM Group has acquired document consultancy services provider Filing Plus.
August-backed Active Assistance acquires Neural Pathways
August Equity LLP portfolio company Active Assistance, a clinical care services provider, has acquired rehabilitation therapy provider Neural Pathways Limited from managing director Vikki Gilman.
Cavendish promotes two directors to partners
Cavendish Corporate Finance has promoted directors Andrew Jeffs and Michael Jewell to partners.
BGF backs GCI Telecom
The Business Growth Fund (BGF) has invested £10m in Midlands-based telecoms and data service provider GCI Telecom in return for a minority stake.
Dow Schofield Watts opens Leeds office
Corporate finance advisers Dow Schofield Watts have opened a Leeds office, to be headed up by Roger Esler.
UK & Ireland unquote” February 2012
With changes to the Takeover Code only just starting to bed in within the UK, Labour leader Ed Miliband has already suggested additional and more radical changes to the rules governing publicly traded companies.
Phoenix-backed Musto to restructure debts
Phoenix portfolio company Musto is to begin a process of restructuring its debts in the next few weeks, according to reports.
Foresight reaps 2x multiple on exit from Factory Media
Foresight Group has sold its majority stake in London-based action sports media publisher Factory Media to Forward Internet Group (FIG), reaping a money multiple of more than 2x.
Shore Capital expands capital markets team
Shore Capital has announced several additions to its capital markets team.
Doughty Hanson co-founder dies aged 54
Doughty Hanson co-founder Nigel Doughty died at his home on Saturday aged just 54.
LDC supports Pertemps Network Group MBO
LDC has backed a management buyout merging UK-based recruitment services providers Pertemps and Network Group.
KKR appoints former Morgan Stanley exec as infrastructure director
KKR has appointed former Morgan Stanley infrastructure executive Vincent Policard as a director in its infrastructure team.