United Kingdom
Elysian backs Tekmar Energy MBO
Elysian Capital has backed the MBO of UK-based offshore wind industry supplier Tekmar Energy from its parent group Tekmar.
Dunedin-owned Practice Plan acquires two firms
Dunedin-backed Practice Plan has acquired dental plan provider Isoplan and dental patient finance provider Medenta.
Battery-backed Vero buys Planit
Vero Software, a portfolio company of US-based VC Battery Ventures, has acquired UK-based software business Planit Holdings from August Equity.
LDC acquires Ufi and its subsidiary Learndirect
LDC has acquired Ufi and its subsidiary e-teaching organisation Learndirect from the Ufi Charitable Trust.
GCP appoints Thomson as investment manager
Growth Capital Partners (GCP) has hired Alex Thomson as an investment manager.
NVM-backed Kitwave acquires Automatic Retailing
NVM-backed Kitwave has acquired automatic vending industry supplier Automatic Retailing.
Albion Ventures adds to its healthcare team
Christoph Ruedig has joined Albion Ventures to grow the firm’s allocation and manage its investments in the healthcare sector.
Mid Europa creates advisory board
Mid Europa Partners has appointed Bruno Ducharme, Steve Johnson and Richard Oppenheim to its new industry advisory board.
Lyceum Capital buys Adapt for £30m
Lyceum Capital has acquired IT service provider Adapt for £30m.
UK watch: Mixed feelings in Q3
In line with current public market activity, figures in the latest unquote" UK Watch, in association with Corbett Keeling, also paint a mixed picture.
UK & Ireland unquote” 3 October 2011
The private equity industry has once again come under fire from Britain’s politicians, most recently accused of asset stripping by Labour leader Ed Miliband.
August exits Planit in trade sale
August Equity has sold UK-based software business Planit Holdings to Vero Software, a portfolio company of US-based VC Battery Ventures.
Julian Carrera returns to Palamon
Julian Carrera has returned to Palamon Capital Partners as a principal.
Sun European takes struggling Alexon private
Sun European Partners has acquired UK-based fashion group Alexon from administrators, following its delisting from the London Stock Exchange.
SSE et al. back Aquamarine with £7m
SSE Venture Capital, the venture unit of Scottish and Southern Energy, has participated in a £7m funding round for its wave energy portfolio company Aquamarine Power.
SEP leads £3m investment in Exco inTouch
Scottish Equity Partners (SEP) has led an initial £3m investment in Exco inTouch, a provider of mobile patient communication and management solutions for the pharmaceutical and healthcare sector.
Buyout firms get to grips with pension risks
Pension liabilities are of increasing concern to buyout practitioners, who need to mitigate risks and ensure they can reach agreement with stakeholders.
Palamon and Electra exit SAV Credit
Palamon Capital Partners and Electra Private Equity have exited sub-prime credit card provider SAV Credit.
MTI invests in university spinout BiOxyDyn
MTI has invested £650,000 in university spinout and medical imaging company BiOxyDyn.
Miliband launches fresh attack on private equity
The private equity industry has once again come under fire from Britain’s politicians, accused of asset stripping by Labour leader Ed Miliband.
Imperial Innovations backs £5m round for Plaxica
Imperial Innovations Group has led a £5m finance round for technology and licensing company Plaxica in return for a 36.5% stake.
Carlyle backs ITRS Group MBO
Carlyle has taken a majority stake in software company ITRS Group.
Northern 2 VCT announces new share issue
Northern 2 VCT, a fund managed by NVM Private Equity, will be launching a public offer of new ordinary shares in early November 2011, with a target of raising up to £15m before expenses.
unquote" watch: Take our 60-second survey
After a first half of the year in which the UK private equity market showed encouraging signs of recovery, momentum dissipated in the third quarter.