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United Kingdom

Guy Gillon of Tenzing Private Equity
Tenzing closes second fund on £400m

Fund had a target of £350m with a hard-cap of £400m and was raised in nine weeks

  • Funds
  • 24 June 2020
Opticians and spectacles retailers
BGF invests in Bayfields

Founded in 2004, the business now has 19 practices and intends to grow to 40 sites

  • Expansion
  • 24 June 2020
Human resources software developer
ICG acquires Workhuman minority at $1.2bn valuation

Balderton Cpaital, Atlas Venture and Benchmark are early investors in the HR platform

  • Expansion
  • 24 June 2020
Veterinary services
RJD to invest up to £12.75m in Improve

Improve most recently reported revenue and adjusted EBITDA of £10.1m and £1.7m respectively

  • Buyouts
  • 24 June 2020
Pounds sterling
Piper to launch next fund in 2021

Managing partner Chris Curry told Unquote the fund is expected to target £150-175m

  • Funds
  • 23 June 2020
Secondhand cars
VCs in £25m round for Cazoo at valuation of $1bn

Since launching in December 2019, the online car retailer has generated £20m in revenues

  • Expansion
  • 23 June 2020
Cybersecurity and digital access restriction services
HSBC contributes $7m to Privitar's series-C

Warburg Pincus led an $80m series-C funding round for the data privacy company in April 2020

  • Expansion
  • 23 June 2020
Online shopping
Coatue leads $150m Checkout series-B with $5.5bn valuation

US-based late-stage investor Coatue has previously taken stakes in companies such as Instacart

  • Expansion
  • 23 June 2020
UK fund closes and launches
Epidarex Capital III closes on £102m

Fund invests in new life science companies from emerging research hubs across the UK

  • Funds
  • 22 June 2020
Healthcare software
MMC leads $3m seed round for Agamon

Fresh capital will be used to scale the company's deployments with more hospitals globally

  • UK / Ireland
  • 22 June 2020
Medical software
August-backed Code acquires Isopharm

Based in Sheffield and founded in 1999, the dental training company employs 50 people

  • Expansion
  • 22 June 2020
Pill production
Inflexion acquires Rosemont for £156m

Inflexion has worked on a number of other carve-outs, including Ocorian, THE and Marley

  • Buyouts
  • 22 June 2020
Lawyers and legal software
Capita to sell Eclipse to PE-backed Access UK for £56.5m

Access UK was backed by Hg in 2018 in a deal that valued the software developar at £1bn

  • Exits
  • 22 June 2020
Hotels and hospitality
Eurazeo-backed Planet acquires 3C Payment

Planet is said to pay between the high millions and low tens-of-millions-of-euros on an acquisition

  • Portfolio management
  • 19 June 2020
Mobile banking apps
Inflexion-backed ONP invests £1.5m in Lavatech

Founded in 2013, Lavatech is the developer of legal app InCase and is based in Manchester

  • Portfolio management
  • 19 June 2020
Transport rental apps
SoftBank in $19.5m in Splyt series-B

SoftBank vice-president Daichi Nozaki will join the company's board of directors

  • Expansion
  • 19 June 2020
Home tutoring services
Mobeus leads £4m round for MyTutor

Fresh capital will be used to increase the availability of MyTutor's platform

  • Technology
  • 18 June 2020
Money transfer firms
Seventure, Vostok lead $10m round for TransferGo

Venture capital firms Hard Yaka, Revo Capital and Bootstrap Europe also participate

  • Expansion
  • 18 June 2020
Fundraising in euros
Corten closes debut fund on €392m

Corten began raising in January 2019, thus avoiding potential delays in the current market

  • Funds
  • 17 June 2020
Monzo is a banking and payments service
VCs invest £60m in Monzo for £1.24bn valuation

Online bank's previous £113m funding round valued the company at £2bn in June 2019

  • Expansion
  • 17 June 2020
Inusrance claims and brokers
Livingbridge invests in Chill Insurance

Financing for the acquisition of the insurance broker has been provider by Pemberton

  • Buyouts
  • 17 June 2020
Job applications and new recruits
IQ appoints Hirtzel as general partner

Hirtzel previously served as chief operating officer of Kreos Capital after working at PA Consulting

  • People
  • 16 June 2020
Property investment and real estate services
Zamo invests in SASC

Zamo Capital I, the firm's debut fund, has made its first investment in investment manager SASC

  • Expansion
  • 16 June 2020
Physiotherapy rehabilitation clinics
LDC takes minority stake in Connect Health

For the year ending on 30 June 2019, Connect Health reported revenue of £31.2m, up from £25.4m

  • Expansion
  • 16 June 2020
46 47 48
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