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UK unquote

Woman in bath
YFM makes 2.7x on sale of Mangar Health to PE-backed Winncare Group

Sale ends a holding period of four years for YFM’s British Smaller Companies VCTs

  • Exits
  • 14 December 2018
Oil rigs and production facilities
Buckthorn Partners invests in Coretrax

Buckthorn becomes majority shareholder, while Coretrax MD Kenny Murray takes over as CEO

  • Buyouts
  • 13 December 2018
Fire damage and housing repairs
Synova's Stackhouse Poland acquires PII

Property Insurance Initiatives is the 12th bolt-on made by Stackhouse since gaining Synova's backing

  • Portfolio management
  • 13 December 2018
Industrial air duct
3i reaps £52m from Aspen Pumps refinancing

Sum returned from the pump manufacturer equates to 0.8x 3i's initial investment in the business

  • Refinancing
  • 12 December 2018
UK Fundraising Report 2018 cover
UK Fundraising Report 2018

Latest edition of the UK Fundraising Report is now available to download for Unquote subscribers

  • Fundraising
  • 12 December 2018
Hydraulic brakes
Ardenton invests in Shaftec Automotive

Deal for the automotive spare parts supplier is the Canadian GP's third UK investment

  • Buyouts
  • 12 December 2018
Job applications and new recruits
Bridgepoint hires Huët

Huët, former CFO of Unilever and Bristol-Myers Squibb, joins Bridgepoint's advisory board

  • GPs
  • 12 December 2018
Heathcare devices and intravenous drips
RA Capital, InCube lead $30m series-B for WhiteSwell

Irish biotechnology company will invest in product development and medical studies

  • Early-stage
  • 12 December 2018
Disability care and education
AMP acquires Care Management Group – reports

Deal reportedly values the south-of-England- and Wales-focused social care provider at around £200m

  • Buyouts
  • 11 December 2018
Air conditioning units
Lonsdale invests in Cross Rental Services

Deal marks Lonsdale's seventh investment from its £110m debut institutional fund

  • Buyouts
  • 11 December 2018
Homes construction
Palatine-backed Forrest enters into administration

Development comes 21 months after the construction company underwent a refinancing

  • Exits
  • 11 December 2018
Eimear Palmer of ICG
ICG hires Carlyle's Palmer as responsible investing officer

Palmer will work alongside ICG's investment teams and lead ESG activities across its funds

  • People
  • 10 December 2018
Electricity companies and utilities companies
Alcuin invests in Servelec Controls MBO

Systems integration business will pursue an acquisitive growth strategy under the GP's tenure

  • Buyouts
  • 10 December 2018
Britain has voted to leave the European Union
Brexit apprehension brings sharp drop in UK deal activity

Country suffers a larger drop-off in aggregate buyout value than any other European region in the first 11 months of 2018

  • UK / Ireland
  • 10 December 2018
The Star Capital sale of Pepcom to Tele Columbus highlights consolidation in the DACH cable market
Growth Capital Partners backs secondary MBO of Indigo

Maven Capital Partners and YFM fully exit after backing a deal worth £12m in 2016

  • Buyouts
  • 07 December 2018
Tattoo needles and inks
RJD reaps 92% IRR on Barber of Sheffield exit

RJD Partners acquired a majority stake in Barber of Sheffield just two years ago

  • Exits
  • 07 December 2018
Keyhole surgery tools
Lightpoint Medical raises £5m

Cambridge Capital Group, Venture Founders and Coutts Investment Club were among the investors

  • Early-stage
  • 07 December 2018
Cecilia Xiao of Epiris
Epiris appoints Macquarie's Xiao as IR associate

New hire leaves her role as senior investment associate in Macquarie's infra and real assets team

  • People
  • 06 December 2018
Gas turbines and power generation
Core-backed TEG buys GTA

First bolt-on the company has made since Core acquired the business in November 2016

  • Expansion
  • 06 December 2018
Final closes of UK PE funds
Brexit puts the brakes on UK fundraising

Country records its sharpest decline since the turn of the century in 2018, with anxiety around Brexit chief among investors' concerns

  • UK / Ireland
  • 06 December 2018
Several promotions and appointments
NVM hires four to its VCT team

New recruits include Korn Ferry's Sam Sinclair and Nesta Impact Investments' Ishaan Chilkoti

  • GPs
  • 05 December 2018
Medical software
LSP leads $28m round for Lumeon

Healthcare software company will expand its US operations and invest in marketing

  • Expansion
  • 05 December 2018
Kitchen worktops and appliances
Investors acquire BGF-backed Canburg

Development comes a week after the fitted furniture maker announced it was to appoint administrators

  • Exits
  • 05 December 2018
Medical insurance
Amulet acquires Open Health to merge with Peloton

Consolidated healthcare communications agency will have operations across three countries

  • Buyouts
  • 05 December 2018
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