United Kingdom
Key Capital Partners exits Hallam Medical
Sale ends a six-year holding period for KCP, which backed the company with a ТЃ3.3m investment
Claret Capital takes over Harbert European Growth Capital
Claret secures the GP and its funds, and hires the entire HEGC investment team
LDC exits Ellis Whittam to Marlowe in £59m deal
Sale ends a four-year holding period for LDC, which owned a minority stake in the company
Grafton Capital secures majority stake in Third Financial
VC firm has so far invested ТЃ7m in Third Financial, which will use the latest funding to accelerate the growth of its platform
Investindustrial exits Aston Martin
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Rutland exits Armitage in £140m deal
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment
Palatine invests in Back2Work
Deal is GP's sixth investment from its ТЃ100m Impact Fund, which targets profitable businesses making a positive impact
BGF sells stake in Chase Distillery
BGF bought a minority stake in the gin and vodka producer in 2017
Bowmark acquires Totalmobile from Horizon
Bowmark will provide additional funding of ТЃ100m to fund the company's add-ons acquisitions
Carlyle buys Calastone from Accel, Octopus
Exit represents an 18x return on Octopus's initial investment and a 9x return on its total investment
Evolution Technology Fund II eyes $250m final close
British Patient Capital commits $35m, while the European Investment Fund also contributes
BGF appoints Dornan in central Scotland and Northern Ireland team
A chartered accountant, Fiona Dornan has previousy held positions at PwC and Standard Life
Livingbridge sells Ten10 to Graphite Capital
Management team is led by Chris Shaw who was appointed as chief executive in September 2017
Hg-backed Iris acquires Isams
Previously a portfolio company of Hg 6, Iris is now owned by Hg Saturn Fund, which closed on ТЃ1.5bn
Hg, TA invest in Access Group
TA is currently investing from TA XIII, which closed on $8.5bn in May 2019
BFinance hires private markets senior director
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Isomer II sets target at €250m
Fund's predecessor, Isomer Capital Fund, closed on тЌ150m in February 2016
Aurelius acquires GKN Wheels & Structures
Aurelius plans to explore off-highway wheels sector consolidation options following the carve-out
Dunedin-backed GPS draws investment from Visa
Global Processing Services generated revenues of ТЃ16.5m in 2019 and adjusted EBITDA of ТЃ3.79m
Mercia sells Clear Review for £26m
Mercia portfolio director Nigel Owens, previously a non-executive director, will step down
Averna acquires ClimateCare
Debt was provided by Bridgepoint Credit, which recently successfully acquired EQT's credit business
Baird, Beechbrook complete Nigel Wright restructuring
Both institutional investors will retain minority positions in the recruitment business
BlackRock invests $118m in Arrival at $3.5bn valuation
BlackRock, Hyundai and Kia along with United Parcel Services will hold a minority interest in Arrival
Northpond, Octopus lead $30m series-A for Ori Biotech
Existing investors Amadeus Capital Partners, Delin Ventures and Kindred Capital also join the round