News/Industry
Vista Equity-backed Misys scraps £3.5bn London IPO
Decision comes a week after company cut the value of its IPO by £1bn
Unigrains appoints two in Paris office
Two appointments aim to boost the group's international development
Maven appoints Finance Wales's Goward
New investment director will oversee early-stage tech investments in England and Wales
HarbourVest delists from Amsterdam stock exchange
As part of the strategy, the GP will consolidate its listing on the London stock exchange
OpCapita hires Coleman and Pouzin
Over the last two years, the GP has increased its team from eight to 15 people
Vaaka Partners adds EQT’s Koskenvuo
Ville Koskenvuo joins the Finnish buyout firm as a partner from EQT
NorthEdge opens Birmingham office
New location to be managed by Freer and Skinner, formerly of EY and Better Capital respectively
Idinvest appoints Julien Princi as general counsel
Princi joins Idinvest from French asset manager Amundi, where he was deputy general counsel
Ropes & Gray hires leveraged finance partner
Law firm hires finance lawyer Malcolm Hitching as a partner in its London office
Octopus Ventures adds Zihao Xu to investment team
European venture capital investor is best known for backing Secret Escapes and Zoopla
HarbourVest clinches £807m SVG deal
Acquisition will see SVG wound down and £1.12bn returned to its shareholders
Ardian launches first North American buyout fund, targets $500m
Private equity firm aims to hold a final close for the fund in mid-to-late 2017
HarbourVest further extends deadline for SVG share offer
Extension will enable the parties to continue negotiations around an alternative asset-based offer
Electra Private Equity to move to corporate structure
LP's strategic review concludes it will discard its listed investment trust status
Ratos takes SEK 1.7bn hit to portfolio
Norwegian oil services company Aibel sees book value written down by SEK 1.1bn
HarbourVest makes new £783m SVG bid
Proposed deal would be similarly structured to a rival bid by Goldman Sachs and CPPIB
HarbourVest extends deadline for SVG takeover
Offer lapsed on 6 October, with SVG's board urging shareholders to accept a competing offer
Jasmin Capital hires Ludovic Douge as manager
Christilla de Moustier has been made senior adviser, and Lucia Roman will head the firm's Brussels office
Confidence drop for PE-backed businesses in wake of Brexit vote
Less than half of BVCA survey respondents are confident in the government's ability to negotiate a good deal
L Catterton hires Mariager as operating partner in Paris
Dane Christian Mariager joins consumer-focused private equity firm’s Paris office effective immediately
Goldman and CPPIB field £748m bid for 100% of SVG
SVG board deems Goldman/CPPIB bid preferred option, ahead of HarbourVest and Pantheon/Pomona
SVG recommends liquidation, £379m sale to Pantheon, Pomona
Board of directors proposes to wind down SVG to maximise cash returns to its shareholders
British Private Equity Awards 2016: winners announced
Congratulations to the winners of the hotly contested 2016 British Private Equity Awards
CVC and Summit’s Avast in $1.3bn deal for TA’s AVG
Bolt-on is first major acquisition for Avast since being bought by CVC in 2014