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Carlyle pours $200m into Discover Exploration
Carlyle has invested $200m in Discover Exploration, an oil and gas company led by the former Cove Energy management team.
Duke Street offloads UKWM
Duke Street Capital Partners has sold UKWM to AIM-listed Ashcourt Rowan in a deal valued at £14.25m.
General Atlantic buys MeteoGroup from PA Group for €190m
General Atlantic has acquired weather business MeteoGroup from PA Group, the parent company of the Press Association (PA), for €190m.
HIG divests Europa to Bilfinger
HIG Europe has sold facilities management company Europa Support Services to German trade buyer Bilfinger, reaping a 4x multiple on its original investment.
Allen & Overy appoints ex-Ashurst corporate head Lloyd
Stephen Lloyd, Allen & Overy
Endless launches £10m SME-focused fund
UK turnaround house Endless has launched a £10m fund targeted at SMEs and structured to take advantage of the Enterprise Investment Scheme (EIS).
Metail raises £2.6m in first funding round
British virtual fitting room company Metail has raised £2.6m in its first institutional funding round, led by New World Private Equity Partners.
Bregal’s Canopius attracts Japanese bid
Bregal Capital-owned Lloyd’s of London insurer Canopius Group has attracted a £600m offer from Sompo Japan Insurance.
BGF inks £3.2m Cass Art deal
The Business Growth Fund (BGF) has invested £3.2m in arts material retailer Cass Art in exchange for a minority stake.
LDC and PostNL in TNT Post joint venture
LDC has teamed up with PostNL to support the rollout of TNT Post UK’s end-to-end (E2E) postal delivery service.
Rosslyn Analytics secures £2.1m investment
Cloud-based data management and analytics business Rosslyn Analytics has received £2.1m from existing and new investors.
Forbion et al. back Ario Pharma
Forbion Capital Partners, Seroba Kernel Life Sciences and New Science Ventures (NSV) have injected £1.9m into UK biotech Ario Pharma.
Palamon’s Wilson appointed by Silverfleet
Annette Wilson, Silverfleet Capital
Onex-backed Tomkins eyes IPO
UK-based components manufacturer Tomkins, backed by Onex Corp and the Canada Pension Plan Investment Board (CPPIB) is considering an IPO.
Mobeus launches linked fundraise
Mobeus Equity Partners has launched a linked fundraising offer, aiming to raise £24m over its four VCTs.
Palamon rehires Barker and appoints Arbour
Palamon Capital Partners has appointed Philippe Arbour as managing director of structured finance and re-hired Antony Barker as director of investor relations and marketing.
LPFA makes first direct co-investment with Secured Mail
The London Pension Fund Authority (LPFA) has completed its first direct co-investment, investing in postal operator Secured Mail alongside Adveq and Next Wave Partners.
Bridgepoint Development Capital picks up Quotient
Bridgepoint Development Capital (BDC) has acquired outsourced drug development business Quotient Clinical from Quotient Bioresearch Group.
FGPE et al. sell Qumas to Accelrys for $50m
Fidelity Growth Partners Europe (FGPE) and other backers have sold Qumas, an Ireland-based risk and compliance management company, to Nasdaq-listed software firm Accelrys.
BGF backs Duncan & Todd with £5.6m
Business Growth Fund (BGF) has invested £5.6m in Scottish optical chain Duncan & Todd.
Impact Ventures reaches £20.8m first close
LGT Venture Philanthropy (LGT VP) and Berenberg Private Banking have reached a first close for their social impact fund on £20.8m.
ECI picks up Encore from Isis
ECI Partners has acquired West End ticket agency Encore Tickets from Isis Equity Partners, in a deal thought to be worth £60m.
MMC Ventures leads $2m round for Gousto
MMC Ventures has led a $2m series-A round for recipe box delivery business Gousto, with co-investment from the Angel CoFund, an existing backer of the company.
Electra’s Davies Group acquires Garwyn
Electra Partners has supported the acquisition of liability loss adjuster Garwyn Group by its portfolio company Davies Group.