United Kingdom
LDC in £41m Workplace Systems take-private
LDC has completed the £41m take-private of Workplace Systems International plc, a UK-based cloud workforce management solutions provider.
MVC backs buyout of Gibdock with £28m
MVC Private Equity has acquired transportation services provider Gibdock for £28m.
Foresight completes management buy-in of Industrial Engineering Plastics
Foresight Group LLP has invested £4m in plastics manufacturer and distributor Industrial Engineering Plastics (IEP) as part of a management buy-in.
Ned Dorbin joins Business Growth Fund
The Business Growth Fund (BGF) expanded its regional team for the South West and South Wales with the appointment of Ned Dorbin as senior investment manager.
Kelso Place backs Nicole Farhi
Kelso Place Asset Management has acquired a majority stake in fashion brand Nicole Farhi from OpenGate Capital.
Patron Capital backs Motor Fuels Group
Patron Capital Partners has led the management buy-in of petrol filling stations and retailing stores operator Motor Fuels Group in a joint venture with the new management team Scottish Capital Group. Financial details of the deal remain undisclosed.
LPEQ appoints Butler to head external affairs
Ross Butler has joined LPEQ, the member group for listed private equity companies, as director for external affairs.
Livingstone expands its debt advisory team
Livingstone Partners has appointed Bill Troup as managing director of debt advisory in London and Thomas Lesch as vice president in Chicago.
Advent and TPG looking to delist GlobeOp
Advent International and TPG Capital are considering a take-private of LSE-listed hedge funds administrator GlobeOp.
Lion Capital exits La Senza
Lion Capital has sold lingerie retailer La Senza to Middle Eastern retail group Alshaya.
UK & Ireland unquote” 8 January 2012
The EU is proposing changes to the directive on Institutions for Occupational Retirement Provision (IORP) that would impose Solvency II-like capital requirements on funds of occupational retirement schemes.
RJD-backed Verdant Leisure acquires English country park
RJD-backed holiday park operator Verdant Leisure has acquired Northumberland-based Riverside Country Park.
Bowmark Capital acquires CSL in £32m SBO
Bowmark Capital has backed the secondary buyout of security communications company CSL DualCom with £32m.
Albion backs Hilson Moran MBO
Albion Ventures has invested in Hilson Moran Holdings Limited to back the £5m management buyout of engineering and environmental consultancy company Hilson Moran Partnership Limited from Altran Technologies S.A.
Investor Growth Capital et al. invest $12m in Maxymiser
Investor Growth Capital and Pentech Ventures have backed a series-B funding round of $12m in UK website specialist Maxymiser.
LDC completes MBO of Benson Group
LDC has backed the management buy-out of printing and packaging business, Benson Group, facilitating the exit of the two principal family shareholders. Financial details of the transaction remain undisclosed.
HarbourVest announces new COO
HarbourVest has appointed Stuart Howard as chief operating officer of European listed products.
Amadeus et al. in $25m round for Unruly
Amadeus Capital Partners, Van den Ende & Deitmers and the Business Growth Fund (BGF) have invested $25m in UK-based social media business Unruly.
GCP invests in World Trade Group
GCP Capital Partners has backed the MBO of World Trade Group for £27.5m.
Maven exits Applied Language Solutions
Maven Capital Partners, manager of the Capital for Enterprise Fund A (CfE Fund), has realised its £1.5m mezzanine investment in Applied Language Solutions (ALS) following its sale to the Capita Group.
Encore Capital invests in probikekit.com
Encore Capital has invested an undisclosed amount in online retailer of bicycle accessories Bike Kit Ltd, trading as probikekit.com (PBK).
PE stars in thriller
Advantage Capital CEO Martin Bodenham has written a novel inspired by his 25 years in the private equity industry.
Riverside’s Tensator acquires Newvision
Riverside-backed Tensator Group has acquired Portuguese customer journey management specialist Newvision.
UK & Ireland unquote" 19 December 2011
With a swathe of mega-buyouts this year, much has been made of France’s buoyant buyout market in 2011.