United Kingdom
LDC-backed Linley & Simpson acquires Link Agency, Dawson Wake
Previous acquisitions were financed by Santander Corporate and Commercial Banking
Bridgepoint-backed Fat Face in debt-to-equity swap – report
Deal would reduce Fat Face's present ТЃ120m borrowing levels via a debt-for-equity swap
BBB appoints Lewis La Torre as interim CEO
In October 2019, Keith Morgan announced that he would be standing down from the role of CEO
Keyhaven Capital hires two
Anne Niederstaetter and Alma Lawrie will bolster the firm's investment and investor relations teams
Maven invests in Redwigwam
Steve Harris joins as MD for technology and operations while Dawn Paine becomes marketing director
CD&R-backed Huntsworth acquires Cormis
Cormis partners will continue to lead Cormis and join the Huntsworth division's leadership team
BGF invests £10m in Decora
For 2018, the window coverings and blinds manufacturer reported ТЃ72.7m in revenue
Silverfleet's Ashton leaves position as partner
Ashton will continue to act as a consultant to Silverfleet and as a non-executive director for Sigma
BGF invests £3m in ROI
Headquartered in Manchester the company reports annual revenues in excess of ТЃ1m
Norvestor Equity sells Wexus to TDR-backed Algeco
Sale ends a three-year holding period for the GP, which invested in the company via its seventh fund
BGF invests £6m in Amdaris
Headquartered in Bristol, Amdaris employs 200 developers and generates revenues of ТЃ7.2m
Panoramic delays fundraising to H1 2021
Panoramic Growth Fund 2, which closed on ТЃ65m in May 2016, is around 60% deployed currently
Temasek leads $28.5m series-B for Tropic Biosciences
New investors include Sumitomo Europe, Genoa Ventures, Agronomics and Skyviews Life Science
OrbiMed leads $70m round for Mereo
Mereo announces plans to advance Etigilimab (Anti-TIGIT) into a phase-Ib study in Q4 2020
Spectrum appoints Patey
Patey was a director at BDO before taking this position as lead advisory director
Novo Ventures leads $55m series-B round for NodThera
Biotech company has so far raised $95m over two funding rounds
BMO appoints Baxter and Burnet to board
Listed private equity investor is currently valued at £315 per share, at the time of publication
Two thirds of PE professionals expect reduction in carry – survey
More than half of the private equity partners and directors surveyed also expect bonuses to reduce
Existing investors take part in $27m round for Verne
Investors Wellcome Trust, Novator Partners, Stefnir and General Catalyst participate in the round
Alcuin sells AVMI to trade
AVMI reported EBITDA of ТЃ6.3m for the year ending on 30 June 2019 from revenues of ТЃ81m
Sequoia-backed Charlotte Tilbury close to $1bn sale – report
Makeup producer and distributor generated around ТЃ200m in revenues for 2019
Goldman Sachs and THCP invest £16.5m in Hunter Boots
Wellingtons manufacturer mandated AlixPartners to sell a stake in the business in March 2020
Sovereign backs Acolin MBO
Spencer House provided corporate finance advice on the acquisition of the fund adminstrator
Horizon-backed Juniper bolts on Pupil Asset
Fourth acquisition the education platform has made since Horizon's initial investment