UK unquote
LDC exits Leasedrive to HgCapital
LDC has sold a majority stake in vehicle management group Leasedrive to HgCapital in a secondary buyout.
Graphite purchases Sovereign’s City & County
Graphite Capital has acquired home care provider City & County Healthcare Group from Sovereign Capital.
TDR reaps £145.2m on Phoenix share sale
TDR Capital has sold 22 million shares of listed insurance consolidator Phoenix Group Holdings, raising £145.2m through the partial exit.
Palatine-backed MoneyPlus buys Richardson Mail
Palatine Private Equity’s MoneyPlus Group has purchased Manchester-based Richardson Mail.
Insight leads $42m round for Datasift
Insight Venture Partners has led a $42m series-C funding round for Datasift, a UK- and US-based social data platform provider, alongside several existing investors.
BGF invests £5m in Exchange Lab
The Business Growth Fund has invested £5m in global digital media business The Exchange Lab.
Notion and NEA back Move Guides
Notion Capital and New Enterprise Associates (NEA) have invested $1.8m in Move Guides, a London-based employee relocation platform provider, alongside several angel investors.
LDC appoints Ibbett and Wright
LDC has appointed corporate financiers Richard Ibbett and Chris Wright as investment directors in its Manchester office.
Truwit, Sillitoe replace Halusa at Apax helm
Mitch Truwit and Andrew Sillitoe, Apax Partners
Autumn Statement spells good news for EIS
The UK Chancellor’s Autumn Statement, released today, outlines more favourable and encouraging tax relief for the Enterprise Investment Scheme.
Amadeus et al. back Xmos
Amadeus Capital Partners, DFJ Esprit and Foundation Capital have taken part in a $14m series-D funding round for Xmos, a Bristol-based fabless semiconductor company.
Duke Street backs Air Products homecare carve-out
Duke Street has backed the management buyout of NYSE-listed Air Products & Chemicals' UK homecare business.
Hoxton Ventures holds first close on $40m
Hoxton Ventures has held a first close for its maiden fund Hoxton Ventures Fund I on $40m, with the aim of bringing the US microcap venture strategy to Europe.
PE still in race for Rexam healthcare unit
Medical supply maker Gerresheimer has dropped out of the bidding process for Rexam's healthcare unit, while private equity firms such as Bain and KKR are still in the race, according to local reports.
Investec finances Carmel
Investec has supplied a £16m integrated debt facility to Carmel Clothing, a London-based clothing designer and manufacturer.
Palamon reaps 14.6x on Cambridge Education exit
Palamon Capital Partners has sold Cambridge Education Group to Bridgepoint for £185m, generating a 14.6x return.
Dunedin unlocks £90m Kee Safety deal
UK mid-market firm Dunedin has backed the £90m management buyout of Kee Safety, buying its stake from LDC.
Enterprise Ventures backs £3.8m Granby MBO
Enterprise Ventures and NatWest have supported the £3.8m management buyout of Granby Marketing Services.
HIG sells Aircom
HIG Capital has sold Aircom to Teoco, a US-based provider of analytics and optimisation solutions for communication services providers.
VC-backed Alaric sold to NCR
NVM Private Equity, Foresight Group and Mobeus Equity Partners have sold London-based fraud prevention software provider Alaric Systems to NYSE-listed NCR Corporation for $84m.
Privet reaps 20x on £22m Thermal Engineering sale
Turnaround specialist Privet Capital has sold Thermal Engineering to trade buyer Senior for £22m, generating a 20x return.
JTC Group acquires AFML
Funds services firm JTC Group has acquired Anson Group’s Guernsey-based fund administration business Anson Fund Managers Limited (AFML).
Sofinnova leads £15m round for Green Biologics
Sofinnova Partners has led a £15.4m series-B funding round for Green Biologics, a UK-based chemicals producer, alongside Hong Kong-based Swire Pacific and several existing investors.
MMC Ventures in £3m round for Wedo
MMC Ventures has led a £3m funding round for online retailer Wedo.