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United Kingdom

Insurance brokers
Onex, GIC lead investment in $1bn Convex

GIC has made several investments in 2020, including in Klarna and Thyssenkrupp Elevator

  • Expansion
  • 19 November 2020
Business consultancy reports
Omers considers sale of ERM for £2.5bn – report

Omers Private Equity acquired ERM from Charterhouse for an enterprise value of $1.7bn in June 2015

  • Exits
  • 18 November 2020
Dr Martens is a boots and shoes manufacturer
Permira hires Goldman Sachs, Morgan Stanley for Dr Martens' IPO – report

Permira acquired the brand in 2013 for £300m, with debt provided by Barclays

  • Exits
  • 18 November 2020
Cheryl Potter of Level 20
Level 20 appoints Potter as chair

Launched in 2015, Level 20 is a not-for-profit organisation promoting gender diversity in the PE industry

  • People
  • 18 November 2020
Water being poured
LDC mandates Rothschild to sell Adey - report

LDC acquired the company in June 2016, using a €60m unitranche provided by Alcentra

  • Exits
  • 17 November 2020
Information technology consultants
Dawn, Tiger Global lead $38.5m series-A in Harbr

Tiger Global is investing from its 12th-generation fund, which closed on $3.75bn in January 2020

  • Expansion
  • 17 November 2020
Data-driven marketing
Montagu to acquire ISI from Citic

Completion of the sale is expected next month, subject to customary closing requirements

  • Buyouts
  • 17 November 2020
Business loans for startups
Aliter invests in Skill Pill

Aliter acquired Bolt Learning in May 2019 and later acquired Sponge in November 2019

  • Buyouts
  • 16 November 2020
UK pubs
Caledonia-backed Liberation acquires Wadworth pub portfolio

LGV Capital sold UK pub operator Liberation Group to Caledonia Investments for £118m in 2016

  • Expansion
  • 13 November 2020
IT engineers and telecommunications infrastructure
Redcentric ends sale process following discussions with Macquarie

Redcentric is currently trading at £123.32 per share, while it was trading at £147 on 2 September 2020

  • Buyouts
  • 13 November 2020
Woman trying on shoes
Electra hires Stifel for Hotter Shoes sale

Skelmersdale-based Hotter had revenues of £89.3m in the year ending on 31 January 2020

  • Exits
  • 13 November 2020
Pills and supplements
Capiton's Euro Vital Pharma buys Principle Healthcare

Capiton acquired the health products manufacturer in 2018; the company continues to seek bolt-ons

  • Expansion
  • 12 November 2020
Online shopping
360 Capital, Fuel Ventures lead $65m round for Heroes

Angel investors include Matt Robinson and Carlos Gonzalez-Cadenas, former GoCardless executives

  • Expansion
  • 12 November 2020
Construction machinery and material moving services
Literacy invests in Tyrefix

Literacy Capital generally invests in companies with EBITDA of £1-5m and is sector-agnostic

  • Buyouts
  • 12 November 2020
Microchips and computer hardware
Altitude exits Mortec Semiconductor for 12.6x return

Altitude acquired the company in July 2016 in a deal that valued the company at around £1m

  • Exits
  • 12 November 2020
Online shopping apps
Livingbridge invests in Visualsoft

Livingbridge invests through its Enterprise 3 fund, which closed on £334m in October 2019

  • Buyouts
  • 11 November 2020
Darts supplies
KCP invests £7m in Darts Corner

Key Capital Partners had been tracking the company for two years prior to investment

  • Expansion
  • 11 November 2020
The European Central Bank in Frankfurt
EQT Growth's bet on maturing European startups

New growth investor plans to announce at least one deal by the end of the year, says partner Carolina Brochado

  • GPs
  • 11 November 2020
Olives and other assorted tapas
PAI acquires LDC's Addo Food and Equistone's Winterbotham Darby

Both management teams have reinvested and operations will continue to be run separately

  • Exits
  • 10 November 2020
Call centres and outsourcing firms
LDC sells Babble to Graphite for £90m

LDC retains a minority stake in Babble, while the management team is reinvesting some of its proceeds

  • Exits
  • 10 November 2020
Elderly healthcare and nursing homes
Agilitas sells Exemplar to Ares Management

Sale ends a four-year holding period for Agilitas, which backed the company via its Agilitas 2015 Private Equity Fund

  • Buyouts
  • 09 November 2020
Business consultants and strategy advisers
Apiary invests in Radiant

Radiant's management team will be led by Peter Mann as chairman and CEO Simon Cogman-Hellier

  • Buyouts
  • 09 November 2020
Dog and cat food producers
ECI sells MPM to 3i for £170m

Other sponsors involved in the process included Livingbridge and Graphite Capital

  • Buyouts
  • 09 November 2020
Land survey devices
Apse buys TerraQuest for £72m

Apse Capital typically backs European tech-enabled SMEs with an enterprise value of €50-200m

  • Buyouts
  • 09 November 2020
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