United Kingdom
UK Covid-19 liquidity support snubs leveraged and mid-market companies
CCFF initiative seems designed with traditional corporate issuers in mind instead of leveraged finance issuers
Investors participate in $34m series-B for SoftIron
Founded in 2012, SoftIron designs and builds purpose-built data-centre appliances
Accel in $20m series-B for Humio
US-based Accel is currently investing from its London VI vehicle, which closed on $575m
Preservation Capital Partners Fund I holds first close
To date, PCP I has mainly institutional investors from both North America and Europe
BC, Vista-backed Advanced buys Tikit from BT Group
Advanced plans to consolidate its market position in the UK, while expanding its global footprint
PE-backed BMS acquires Jurado Mata
BMS's backers invested in the company in June 2019, in a deal that gave it an EV of £500m
August-backed Amtivo acquires Certification Europe for €6m
Based in Dublin and founded in 1999, Certification Europe has offices in the UK, Japan and Italy
Consortium backs £100m round for Cazoo
Online car buying marketplace was backed by investors including DMG Ventures and Eight Roads
Ardian-backed Celli buys T&J Installations
Celli plans to consolidate its market position in the UK and further expand internationally
Dunedin exits Kingsbridge
Kingsbridge was a Dunedin Buyout Fund III portfolio company, which closed on £300m in June 2013
UK holiday parks advised to close: Portfolios affected
British Holiday and Home Parks Association has advised its members to close all holiday parks
ECI Partners boosts investment team with two hires
Ip becomes a member of the firm's commercial team, while Evans is appointed as head of marketing
KKR buys Viridor from Pennon in £4.2bn deal
Enterprise value of the company equates to 18.5x its adjusted 2018/19 EBITDA of £225.4m
UK industry welcomes rescue package, but concerns remain
Package includes £330bn in loans, £20bn in other aid and a postponement of business rates
Baird Capital backs Aura Futures
Baird is currently investing from its maiden globally focused private equity fund, which closed on $310m
BGF leads £9m investment in Localised Group, Retail Services
As part of the deal, John Davison joins both companies as non-executive director
Axia buys insurance business Direct Gap
Gordons provides legal advice and Naylor Wintersgill provides financial due diligence services
CBPE sells SpaMedica to Nordic Capital-backed Ober Scharrer
Nordic Capital is currently investing from its ninth fund, Nordic Capital IX, which closed on €4.3bn
Inflexion-backed Huws Gray acquires AC Roof Trusses
Inflexion acquired a minority stake in Huws Gray in April 2018 using its Partnership Capital Fund I
ECI-backed IT Lab acquires Sol-Tec
Unquote understands ECI Partners provided no fresh equity for the acquisition of Sol-Tec
UK sees advisory boom amid PE market maturation
UK & Ireland sees an increase in the number of corporate finance firms participating in PE deals to more than 160
Inverleith-backed Planet Organic buys As Nature Intended
Deal reportedly makes Planet Organic the UK's largest organic grocery chain
ESO backs facilities service Churchill
Current executive directors Joel Briggs and Phil Moxom will continue to lead the company
Horizon-backed Sabio buys DVELP
Sabio plans to strengthen its international aggregation platform in the contact centre market across Europe