United Kingdom
Palatine completes Selection Services buyout
Palatine Private Equity (formerly Zeus Private Equity) has acquired a majority stake in Selection Services, which provides managed IT services to the SME market, in an MBO thought to be worth between £5m-15m.
LDC exits American Golf in SBO
LDC has sold its majority shareholding in golfing retailer American Golf to Sun European Partners. The deal value was confirmed to be between £50-60m.
BGF announces new appointments to Manchester office
David Colclough and Neil Inskip have been appointed investment director and investment manager respectively at the Business Growth Fund.
Quilvest backs Tortilla with £3.5m
Quilvest Private Equity has acquired a large minority stake for £3.5m in Mexican food chain Tortilla.
Hermes Fund Managers acquires Hermes GPE
Hermes Fund Managers and Hermes GPE's management have bought an interest in Hermes GPE from a subsidiary of the Henderson group.
Key Capital acquires Midland Industrial Glass
Key Capital Partners has acquired specialist glass processors Midland Industrial Glass from Midven for an undisclosed sum.
Caledonia injects £24m into Bowers & Wilkins
Caledonia Investments has invested £24m for a 20% share in audio equipment company Bowers & Wilkins Group Limited.
August-backed Independent Vetcare makes bolt-on
August Equity-owned veterinary services platform Independent Vetcare has completed the acquisition of Berry House Group.
LDC-owned MB Aerospace buys Gentz
LDC-backed MB Aerospace (MBA) has completed the bolt-on acquisition of US-based Gentz Industries.
Impetus Trust hires investment manager
The UK-based venture philanthropy firm Impetus Trust has appointed Elena Pantazi as investment manager.
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Deal activity levels dipped below paltry Q3 figures, highlighting the hibernation the industry is in the midst of.
Equistone exits Firstassist Legal Expenses
Equistone Partners Europe has sold insurance firm Firstassist Legal Expenses for approximately £28m to investment capital and risk solution firm Burford Capital.
Arle Capital Partners adds two
Arle Capital Partners has appointed two new members to its investment team.
Lyceum portfolio company acquires Drain Control
Lyceum Capital-backed UK Drainage Network (UKDN) has acquired commercial drainage company Drain Control.
Bridges Ventures holds first close on £72m
Bridges Ventures has held its first close of its sixth fund, Bridges Ventures Fund III, on £72m. Fund III is expected to grow substantially over the next 12 months.
ISIS buys DiGiCo from Matrix
ISIS Equity Partners has acquired digital sound-mixing console manufacturer DiGiCO from Matrix Private Equity Partners.
LDC backs MBO of PJD Group
LDC has backed the management buyout of mechanical engineering company PJD Group.
DC Advisory Partners appoints managing director
DC Advisory Partners has announced the appointment of Joel Hope-Bell as new managing director.
Bridges Ventures et al. inject £2.6m in Historic Futures
Bridges Ventures has led a £2.6m funding round in UK-based supply chain traceability company Historic Futures (HF).
State Street appoints new head of operations
State Street Corporation has appointed Paul McLaughlin as head of operations for its Alternative Investment Solutions team in Guernsey.
Isis makes 15x money on Wiggle sale to Bridgepoint
Bridgepoint has backed the £180m SBO of UK-based online retailer Wiggle in a deal which saw the vendor achieve a 69% IRR.
Two add-ons for Gresham-owned James Grant
Gresham's portfolio company James Grant Group (JGG) has acquired accountancy practice S Crowther & Co and PR firm Franklin Rae Communications.
Bridgepoint announces new board member
Henry WK Chow has been appointed to Bridgepoint’s European Advisory Board.
Business Growth Fund adds to its team
The Business Growth Fund (BGF) has appointed James Austin as investment director to expand its presence in South West and South Wales.