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UK unquote

Mark Wignall managing partner Mobeus Equity Partners
Mobeus holds £140m close for first institutional fund

Firm launched the vehicle in response to regulatory changes affecting VCT fund managers

  • Funds
  • 19 May 2017
Fundraising in dollars
Notion holds final close for third fund on $140m

UK-based VC has also held an $80m first close for its new follow-on funding vehicle

  • Funds
  • 18 May 2017
Promotions and appointments
Neuberger Berman hires Patschkowski as principal

Patschkowski worked at Coller Capital as principal between 2008-2017

  • People
  • 18 May 2017
Safetykleen sells industrial chemical cleaning products
Apax acquires Safetykleen from Warburg Pincus

Deal could reportedly value the industrial cleaning business at up to 12x EBITDA

  • Exits
  • 18 May 2017
Dried apricots and other desiccated fruits
Equistone sells Whitworths to Anatolia

Sale of healthy snack business marks an exit for the GP's 2013-vintage fourth fund

  • Exits
  • 17 May 2017
Recruitment consultancy and job search services
H2 acquires Search Consultancy Group

Recruitment business will look to expand across the UK and make bolt-on acquisitions

  • Buyouts
  • 16 May 2017
Bedroom furniture
VC-backed Eve Sleep in £140m IPO

Offering will enable memory foam mattress company to raise £35m on admission to trading on AIM

  • Exits
  • 15 May 2017
Chinese investments in the US and Europe
China-backed Silk Ventures raises $500m for maiden fund

London-based venture investor will invest in US and European businesses looking to expand into China

  • Funds
  • 15 May 2017
Several promotions and appointments
Maven appoints four to its north west team

New recruits will support the deployment of the £57m NPIF vehicle, which the GP recently secured

  • People
  • 15 May 2017
IT consultancies and outsourcing
Epiris sells TechInsights to Oakley in final exit from Axio

Final "major realisation" from data and analytics group represents 5x multiple overall and 76% IRR

  • Exits
  • 15 May 2017
Thermondo is a boiler installation and maintenance service
Mayfair-backed Ovo Energy in Corgi HomePlan bolt-on

Deal is Ovo's second acquisition of the year after the purchase of US firm VCharge

  • Portfolio management
  • 12 May 2017
Shutters and windows
Ares sells Hillarys to Hunter Douglas in £300m deal

Vendor had previously taken part in a refinancing for the company and reportedly acquired it in 2016

  • Exits
  • 12 May 2017
Photobook printing services
Exponent's Photobox to bid for Cimpress's Albelli

Vendor is understood to have appointed Oakley to find a buyer, with three Dutch PE firms in the fray

  • Expansion
  • 12 May 2017
Cloud computing and hosting services
Tikehau invests £80m in IT and web hosting firm Claranet

Company recently expanded into Italy, on top of acquiring Brazilian and Dutch competitors

  • Expansion
  • 11 May 2017
UK financial companies
YFM holds £45m final close for maiden buyout fund

GP launched the fund shortly after regulatory changes to the types of deals permissible to VCTs

  • Funds
  • 11 May 2017
Underfloor heating specialists and contractors
Bestport invests in Nu-Heat MBO

Underfloor heating company's founding directors will retire following completion of the deal

  • Buyouts
  • 10 May 2017
UK Houses of Parliament
UK clarifies permitted relationships between LPs and GPs

Changes to limited partnership act could render UK-domiciled funds more attractive to investors that have not previously invested in such funds

  • Regulation
  • 10 May 2017
Business agreement
Marlborough hires Simpson-Orlebar as senior adviser

Aubrey Simpson-Orlebar joins debt advisory firm Marlborough Partners after leaving Lloyds

  • People
  • 09 May 2017
Telecommunications software and video conferencing
Highland and Grafton in $40m round for Starleaf

Cloud-based video conferencing company to expand its presence in the Asia Pacific region

  • Expansion
  • 09 May 2017
People moves and promotions
YFM appoints Savage as portfolio director

New recruit joins the portfolio team of YFM's London office, leaving Barclays after 10 years

  • People
  • 09 May 2017
In The Style is a designer and retailer of womenswear and accessories
Livingbridge backs online fashion company In The Style

UK-based womenswear retailer will expand into the Australian and American markets

  • Expansion
  • 09 May 2017
Branding and marketing
HIG sells Brand Addition to Elysian

Acquirer takes a majority stake in the merchandising company, with HSBC and Beechbrook providing debt

  • Exits
  • 08 May 2017
Pills and pharmaceutical products
BGF et al. inject £7m into Pharmacy2u

Expansion deal marks Business Growth Fund's eighth investment for 2017 so far

  • Expansion
  • 08 May 2017
Fundraising in the UK
EMK closes maiden fund on £575m hard-cap

Fund was launched eight months ago by Bregal co-founder Edmund Lazarus and ex-Oakley Capital partner Mark Joseph

  • Funds
  • 08 May 2017
165 166 167
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