United Kingdom
Isomer II sets target at €250m
Fund's predecessor, Isomer Capital Fund, closed on €150m 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 £16.5m in 2019 and adjusted EBITDA of £3.79m
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
Capdesia Structured Equity targets £100m; aims to close in Q1 2021
European food-service-focused fund was registered and launched in May 2018 with a target of €200m
Inflexion acquires Sparta Global; KCP to reap 7x return
Inflexion has previously invested in other businesses in the sector, including FDM
FPE invests in MaxContact
Lars Pedersen – CEO of another FPE investment, Questionmark – has joined the board as NEC
BVCA summit: fund financing boom necessitates tailoring
Market participants discuss IRR-enhancing tactics, emergency liquidity and negotiations with LPs
Elaghmore I closes £30m extension
Investors in the extension are all US-based institutions, according to a statement
Pictet launches technology-focused fund-of-funds
Vehicle is the GP's first sector-focused fund-of-funds and will also make direct and co-investments
Sovereign V eyes £450-500m fundraise in 2021
Sovereign recently announced changes to its leadership team, with Dalli taking over as managing partner
Insights from the BVCA summit: PE open for business
On general themes, such as fundraising, market participants were positive about the future of the market
GP Profile: Silverfleet eyes fundraising progress, new acquisitions
Firm is currently raising for Silverfleet Capital Partners III, which was registered in July 2019
Inspirit backs Lloyds Register Group's energy division
Inspirit writes equity cheques of £2-10m for UK SMEs with revenues greater than £20m
Global LBO returns see sharp decline in H1 2020 - research
Returns from private equity funds globally slumped in the first two quarters of 2020, says eFront
Dawn leads $20m series-B for Access Fintech
Existing investors JP Morgan, Citi and Goldman Sachs contribute to the latest round
YFM promotes Clarke
YFM is currently deploying YFM Equity Partners Buyout Fund II, which closed on £80m in March 2020
TDR, private investors to acquire Asda for £6.8bn
Asda was previously in talks with Sainsbury's, which would have paid £7.3bn for the asset
Kennet-, Eight Roads-backed Rimilia sold to trade for up to $150m
Nasdaq-listed BlackLine is an enterprise software company with a market capitalisation of $5.182bn
Inspirit invests in Procam Group
GP is currently investing from its debut vehicle, Inspirit Fund I, which held a final close on its £50m hard-cap in December 2019