UK unquote
Duke Street sells Marlin to Cabot for £295m
Duke Street has sold UK debt purchaser Marlin Financial Group to Cabot Credit Management (CCM) in a deal valuing the company at £295m.
Epidarex leads £4m investment in EMI
Epidarex Capital (formerly Rock Spring Ventures) has taken part in a £4m series-A funding round for Edinburgh University spinout Edinburgh Molecular Imaging (EMI).
VC-backed Egalet raises $50.4m in IPO
VC-backed UK pharma Egalet has raised $50.4m in its IPO on the Nasdaq, giving the company a market cap of $166.8m.
VC-backed Circassia to float on LSE
Circassia, a UK allergy treatment developer backed by several investors, has announced its plans to float on the London Stock Exchange (LSE) next month.
Corsair's NoteMachine secures £76.5m refinancing
GE Capital and Ares Management have arranged unitranche facilities worth £76.5m for the refinancing of Corsair Capital-backed NoteMachine.
Iceni sells Mentor IMC to Vinci for 6x return
Iceni Capital has sold oil & gas recruitment business Mentor IMC to French group Vinci in an all-cash transaction, reaping a 6x multiple.
Artemis et al. invest £2m in Atterley Road
Artemis and several private investors have injected £2m into Atterley Road, a UK-based fashion e-commerce site and brand.
HIG hires two
HIG Capital has appointed Johannes Huttunen from Silverfleet Capital as senior associate and Johan Pernvi from Ratos as director.
SEP et al. sell Zinwave to McWane
US manufacturing company McWane has acquired venture capital-backed Zinwave, a UK provider of in-building wireless coverage infrastructure.
August’s Rixonway in £15m refinancing
August Equity portfolio company Rixonway Kitchens, a UK-based kitchen manufacturer, has completed a refinancing of more than £15m.
SEP backs Car Loan 4U with £8m
Scottish Equity Partners (SEP) has invested £8m in Car Loan 4U, a UK online car finance specialist.
Blackstone credit arm commits $200m to Lobo
GSO Capital Partners, the credit arm of Blackstone, has made a $200m equity investment in Irish helicopter leasing company Lobo Leasing.
Gresham's Bull to head up Barracuda's private equity efforts
Anthony Bull, former co-head of the London team at Gresham Private Equity, is to head up the newly created private equity division at recruitment firm Barracuda Group.
HgCapital to reap 2.1x in Manx IPO
The IPO of HgCapital's Isle of Man-based telecoms operator Manx Telecom will give the company a market cap of around £160.2m and generate a 2.1x money multiple for its backer.
PE-backed Lysanda bolts on Tracker
UK-based Lysanda, a developer of automotive telematics and informatics solutions backed by Disruptive Capital Finance, has acquired Tracker Network, a subsidiary of Direct Line Group.
Video: Dunedin’s Middleton on UK mid-market challenges
Managing partner talks to Kimberly Romaine in video Q&A
Elysian supports Wellbeing MBO
Elysian Capital has backed the management buyout of healthcare IT business Wellbeing Software Group.
YFM invests in Mangar
YFM Equity Partners has supported the management buyout of Mangar International, a provider of inflatable lifting, handling and bathing equipment for the elderly.
KCP generates 3.5x on TSC Foods sale
Key Capital Partners (KCP) has sold TSC Foods, the maker of Glorious! Soups, to Edward Billington and Son, reaping a 3.5x return.
Mobeus invests £3.5m in Bourn
Mobeus Equity Partners has made an investment of £3.5m in Bourn Bioscience, a UK-based operator of in-vitro fertilisation (IVF) clinics that trades under the name Bourn Hall Clinic.
Fundraises to flotations: a promising year for the UK
The UK market witnessed swathes of fund closes and a surprising number of IPOs last year. But will this positive trend continue in 2014? Alice Murray reports
MML promotes Jones to partner
MML Capital Partners has promoted investment director Luke Jones, making him the fifth UK-based partner at the firm.
Electra backs £180m Ogier MBO
Electra Partners has supported the management buyout of Ogier Fiduciary Services from its parent Ogier Group.
Unified board vital for turnaround success
Unified boards