News/UK / Ireland
UK - Mid-Ocean exits Europackaging in pre-pack
Mid-Ocean Partners' Europackaging has been bought back by former owners the Majid family in a pre-pack administration agreement for an undisclosed sum.
UK- Inflexion's co-investment fund oversubscribed
Mid-market investor Inflexion Private Equity has closed its co-investment fund, which was oversubscribed on its hard cap of £75m.
UK - RJD Partners' Johnson departs
Founding partner Duncan Johnson has reportedly left UK private equity firm RJD Partners by mutual agreement.
UK - Cobalt Corporate Finance bolsters team
Mid-market technology, media and telecoms adviser Cobalt Corporate Finance has hired David Ford to join its team.
UK - LDC backs MBO of Icon Polymer
LDC has backed the management buyout of manufacturing business Icon Polymer for an undisclosed sum.
UK - LDC bolsters Yorkshire investment team with new hire
LDC has hired Tony Norwood as investment director at the firm's Yorkshire office.
GLOBAL - Advent International appoints three new partners
Advent International has hired three operating partners to advise the firm on investment opportunities in the technology and telecoms sector: Richard Atkins, Sergio Giacoletto and John Hughes.
EUROPE - Entertainment Capital Advisers launched
Premila Hoon, former global head of media and entertainment structured finance at Societe Generale, has co-founded Entertainment Capital Advisors (ECA), a specialist media and entertainment strategic and financial advisory firm.
EUROPE/UK - OMERS appoints senior MD from 3i
OMERS Private Equity has appointed 3i's Mark Redman as senior managing director of Europe.
UK - August-backed Enara completes Care Agency add-on
August Equity-backed home care specialist has completed the bolt-on acquisition of The Care Agency Ltd, a provider of private pay live-in carers.
UK - Gresham appoints Bull
Gresham Private Equity has appointed Anthony Bull as partner in its investment team.
UK - Intel and T-Online increase interest in ClickandBuy
Intel Capital and T-Online Venture Fund have, alongside two Swiss family offices, acquired founder Norbert Stangl's 40% interest in Firstgate Holding AG, the holding company of UK-headquartered payment services business ClickandBuy, for an undisclosed...
UK - LDC backs £115m IBO of 1st – The Exchange
LDC has invested £42m towards the £115m buyout of financial services support specialist 1st - The Exchange.
UK - Octopus invests £1.75m into Surrey NanoSystems
Venture firm Octopus Ventures has invested close to £2m into semiconductor business Surrey NanoSystems in return for a significant minority stake in the business. The financing was provided by the Octopus Titan 1, 2 and 3 VCTs, Eureka EIS, and the Octopus...
GLOBAL - Carlyle appoints leveraged finance MD
International investment house Carlyle Group has today announced the appointment of Debra Pedersen as managing director in the firm's New York-based global leveraged finance team, focusing on investor relations and fundraising.
EUROPE - KKR closes European annex fund
US-based buyout giant KKR has closed a EUR 400m annex fund to support additional equity investments for portfolio companies of its second European fund, which closed in 2005 on approximately EUR 4bn.
EUROPE - Candover reports further NAV decline; Buffin steps down
Bealeagured buyout firm Candover today released its interim management statement, which reveals a further 12% decline in NAV and sweeping changes to the firm's management.
UK - Warburg may up Premier Foods stake to 18%
Warburg Pincus has been given consent to increase its stake in AIM-listed food manufacturer Premier Foods plc by 2%, bringing its shareholding in the company to almost 18%.
EUROPE - Gimv appoints new technology adviser
Belgian-based investor Gimv has appointed Richard Seibt, chairman of the Open Source Business Foundation, to its Technology Advisory Board.
GLOBAL - Advent appoints operating partner
Buyout house Advent International has hired Richard Baker as operating partner.
GLOBAL - Ernst & Young appoints global PE leader
International business advisory firm Ernst & Young has appointed John Harley as the leader for its global private equity practice.
UK - Brookfield appoints two to private equity funds group in London
Brookfield Asset Management has bolstered its private equity funds group with the hire of Peter Thompson and Alexander Apponyi in the firm's London office.
UK - YFM appoints portfolio director for PE
UK-based venture investor YFM Group has hired David Bell as portfolio director within its private equity division.
UK - Montagu looks to part with Survitec
According to reports, Montagu Private Equity is looking to sell defence group Survitec for £300m, more than double the price it paid for the company in 2004.