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United Kingdom

Average holding period for exited buyouts
Average holding period stays high as quick exits lag

Lower proportion of deals are being exited within three years, and more after seven years

  • Exits
  • 30 November 2018
Hevy construction and commercial architecture
Horizon's Bellrock bolts-on Naples Group

Naples Group will be Bellrock's 10th acquisition completed in the last 26 months

  • Portfolio management
  • 30 November 2018
Business agreement
Lothian appoints new CEO

Pension fund has invested 2.3% of its portfolio to private equity as of March 2018

  • People
  • 29 November 2018
Rugby premiership
CVC in exclusivity for stake in Premiership Rugby

Reported deal would see the GP pay more than £200m in exchange for a minority stake

  • Buyouts
  • 29 November 2018
Information publishers and media companies
Newly launched Ethos acquires Ares-backed Miles 33

Publishing software developer generates EBITDA of £3m, while Ethos invests £3-8m per deal

  • Buyouts
  • 29 November 2018
Tech Will Save Us makes educational toys and games
Brighteye leads €1.8m series-A extension for Tech Will Save Us

Extension brings the total value of the series-A round for the educational toy company to €6m

  • Expansion
  • 28 November 2018
Financial advisers and investment managers
Corsair buys Zedra Group

Corsair acquires a majority stake in the business from the Nielsen and Sarikhani families

  • Buyouts
  • 28 November 2018
Telecoms towers and fixed-line communications
Inflexion acquires Clearlake-backed Mycom OSI

Deal for the telecoms assurance software firm is the first from the GP's fifth flagship fund

  • Buyouts
  • 28 November 2018
UK fund closes and launches
NVM holds £142m final close

Firm's maiden institutionally backed fund received commitments from European and North American LPs

  • Funds
  • 28 November 2018
New investment models pull VCs from university clusters
KKR's LGC buys SeraCare from Linden Capital

Following the deal, LGC will consolidate its position in the clinical quality-control tools market

  • Portfolio management
  • 27 November 2018
Evoke Creative designs interactive screens for businesses
BGF invests £6m in Evoke Creative

BGF said the self-service checkout manufacturer had demonstrated impressive international growth in recent years

  • Expansion
  • 27 November 2018
Neil MacDougall of Silverfleet Capital
Silverfleet's Whiley to succeed managing partner MacDougall

Outgoing managing partner will continue as chairperson and remain an investment committee member

  • GPs
  • 27 November 2018
Hydraulics systems
PNC acquires Pirtek Europe from Halifax Group

Hydraulic hose supplier has increased its EBITDA from £2.8m to a reported £9m under Halifax's tenure

  • Exits
  • 27 November 2018
Microscope in diagnostic laboratory
Draper Esprit leads $31m round for Fluidic Analytics

BGF, Delin, IQ and Amadeus also take part in the round for the biotechnology equipment firm

  • Expansion
  • 26 November 2018
Homes construction
Palatine acquires CET UK from Dunedin

Acquirer draws capital from its third flagship fund, which typically writes cheques of £10-30m

  • Exits
  • 26 November 2018
World Freight Company International has completed five international bolt-ons since 2008
EmergeVest backs EV Cargo

Hong Kong-based GP creates EV Cargo, grouping six of its logistics-focused companies together

  • Expansion
  • 23 November 2018
Construction groundworks
Bregal Freshstream backs M&J Evans

Company will use the fresh capital to boost its growth in the Midlands and expand in other regions

  • Expansion
  • 23 November 2018
Event management and industry expos
Phoenix buys Nineteen Group, supports bolt-on

Nineteen is the eighth investment from Phoenix Equity Partners 2016, which closed on £415m

  • Buyouts
  • 23 November 2018
Close-up detailed image of a euro coin
Carlyle launches Europe Technology Partners IV

ETP IV's target amounts to €1.3bn, about double the size of its predecessor, closed in 2014

  • Funds
  • 23 November 2018
Pounds sterling
WestBridge holds interim close for second fund

Vehicle will invest in profitable SMEs in England and Wales with enterprise values of between £10-20m

  • Funds
  • 23 November 2018
Man driving a car
BGF injects £3.2m into Lightfoot

Fleet-focused driving telemetry company will extend its services into the consumer space

  • Expansion
  • 22 November 2018
Money raised in euros
ICG raises €4bn for seventh European fund

Debt and equity investor's fundraising reaches €4bn in third party commitments

  • UK / Ireland
  • 21 November 2018
Debit and credit cards and other payment services
Draper Esprit leads $13m series-B for Form3

Barclays and Angel CoFund also took part in the round for the payment processing startup

  • Expansion
  • 20 November 2018
Cloud computing software and services
Beech Tree invests in BCN Group

GP is currently investing from its £115m second fund, which invests £10-40m per deal

  • Buyouts
  • 20 November 2018
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