News
Permira, Apax-backed New Look confirms £1.7bn IPO
Permira- and Apax-backed fashion retailer New Look has confirmed plans to float on the London Stock Exchange this morning, in a deal that values the business at £1.7bn.
BioMedPartners strengthens management team
Healthcare venture firm BioMedPartners has strengthened its management with Josef Bissig as new venture partner.
Sovereign Capital-backed Laurel makes three bolt-on acquisitions
Sovereign Capital-backed Laurel, the funeral group, has added three separate funeral directors to its business: John Stuart Funeral Services, CS Bowyer and KY Green Limited.
Seraphim Capital leads £2m round for Celona Technologies
Seraphim Capital has led a £2m funding round for software company Celona Technologies, alongside existing investors Spark Ventures and Caledonia Investments.
Doughty-backed Avanza acquires two new concessions
Doughty Hanson transport business, Grupo Avanza has made two acquisitions previously managed by Grupo Trapsa.
Gresham reaps 3.4x on Minivator sale to Herkules-backed Handicare
Gresham Private Equity has exited its investment in stairlift manufacturer Minivator Group through a trade sale to Herkules Capital-backed Handicare, a healthcare company based in Norway.
GMT Communications makes two senior promotions
Media and communications-focused investor GMT Communications Partners has promoted Natalie Tydeman to partner and Vikram Krishna to principal at the firm.
Herbert Smith bulks up PE team with new appointment
Law firm Herbert Smith has hired James MacArthur as partner to the firm's private equity practice.
Frog Capital invests EUR 3m in agri.capital
Growth capital investor Frog Capital has invested EUR 3m in biogas producer agri.capital.
RJD Partners boosts investment team with new hire
Mid-market investor RJD Partners has appointed Richard Court as an investment executive to its team.
Catapult invests more than £1m into UK Gear
Catapult Venture Managers has invested £1.1m into into UK Gear, developers of high performance running shoes and sportswear.
Banca Leonardo shuts down PE activities
The wave of structural reorganisations has hit Italy’s Banca Leonardo, which is one of the recent banks to decide to re-focus its activities, towards its advisory and wealth management and away private equity division.
Charterhouse favourite for £500m United Utilities sale
Charterhouse Capital Partners is understood to have gained the edge on a £500m bid for utility company United Utilities Contract Solutions (UUCS).
HgCapital closes three renewable energy deals
HgCapital’s dedicated renewable energy fund, HgCapital Renewable Power Partners, has closed three new investments: two Spanish solar PV projects and one UK onshore wind project.
Eqvitec's mezzanine team spins out
Finnish venture and growth investor Eqvitec has sold its mezzanine operations to the newly formed Armada Mezzanine, led by former head of mezzanine at Eqvitec Pertti Nurmio.
Growth to remain strong in 2010
While the Belgian buyout market has suffered along with the rest of Europe over the last two years, growth capital has gone from strength to strength. Francinia Protti-Alvarez reports.
CVC appoints new senior adviser
Buyout firm CVC Capital Partners has appointed Thomas Renyi, as senior adviser.
LSP in €21.7m series B round for Merus
Life Sciences Partners (LSP), Novartis Option Fund, Pfizer and Bay City Capital have co-led a €21.7m series B financing round for biopharmaceutical Merus.
PPM Oost sells its stake in biotech incubator
PPM Oost and Wageningen University and Research Center have sold their stakes in the biotech incubator BioPartner Wageningen Center to developer and investor Kadans Vastgoed.
Warburg Pincus acquires Montagu's Survitec for £280m
Montagu Private Equity has completed its exit of Survitec, the survival equipment manufacturer, through a secondary buyout to private equity giant Warburg Pincus in a £280m deal.