UK unquote
Kreos IV holds final close on €240m
Kreos Capital has held a final close on €240m for its Kreos Capital IV Growth Debt Fund.
Accel leads $18m round for Calastone
Accel Partners has led an $18m funding round for Calastone, a UK-based fund transaction network.
Towerbrook takes off with LDC’s AIM Aviation
Towerbrook Capital Partners has acquired aircraft cabin interior designer and manufacturer AIM Aviation from LDC.
Summit Partners expands European team
Summit Partners has appointed Thomas Tarnowski as principal in its London office.
Lloyds Bank hires HSBC and RBS directors
Lloyds Bank Commercial Banking has appointed Dave Furlong of HSBC and Kate Grimoldby of RBS to its north of England acquisition finance team.
MMC backs Tyres On The Drive with £1.5m
Previous investors MMC Ventures and Enterprise Ventures Group (EV) have injected £1.5m into Tyres On The Drive, a mobile tyre-fitting service.
SEP leads £2.4m round for Sumerian
Scottish Equity Partners (SEP) has led a £2.4m funding round for Sumerian, an Edinburgh-based IT analytics company, alongside the Scottish Investment Bank (SIB).
Midven invests in Eagle
Midven has injected £590,000 into Eagle Genomics, a provider of outsourced bio-informatics software for the life sciences sector, alongside a number of individual angel investors and syndicates.
Private equity misses out on Lucozade, Ribena sale
GlaxoSmithKline (GSK) has agreed to sell popular drinks brands Lucozade and Ribena, which had attracted interest from buyout houses including Blackstone and Lion Capital, to Japanese trade player Suntory for £1.35bn.
LDC sells Matrix Energy to ECE
LDC has agreed to sell Matrix Energy Services, a UK-based energy management and efficiency services provider for commercial buildings, to E.ON Connecting Energies (ECE), a new subsidiary of E.ON.
BGF backs Inoapps with £10m
The Business Growth Fund (BGF) has invested £10m in Aberdeen-based Inoapps, an Oracle application reseller and IT consultancy business, in return for a minority stake.
Blackstone and GIC to acquire Rothesay stakes
Blackstone and Singaporean sovereign wealth fund GIC are set to each buy a 30% stake in UK-based insurer Rothesay Life from Goldman Sachs, according to reports.
Summit Partners to sell Actix for $120m
Summit Partners has agreed to sell London-based mobile optimisation software provider Actix to customer experience systems company Amdocs for close to $120m.
MMC Ventures backs Boticca series-A
MMC Ventures has taken part in a £2.5m series-A funding round for Boticca, a London based e-commerce site for luxury fashion accessories, alongside a number of high-net-worth individuals.
Inflexion appoints Whileman as partner
Inflexion Private Equity has appointed David Whileman, the former head of UK private equity at 3i, as partner.
Denham relocates power and renewables team to London
US energy- and resources-focused private equity firm Denham Capital has relocated the headquarters of its power and renewables team to London to pursue opportunities in emerging overseas markets.
TDR works out David Lloyd deal
TDR Capital has acquired the entire share capital of health, sport and leisure group David Lloyd Leisure (DLL).
Foresight to raise £200m through Solar Fund float
Foresight Group is to list its Foresight Solar Fund on London Stock Exchange’s main market with plans to raise £200m.
Index leads $17.5m round for SwiftKey
Index Ventures has led a $17.5m series-B round for London-based virtual keyboard app SwiftKey, with participation from existing backer Octopus Investments and several angel investors.
Beringea makes debt move with Mark Taylor hire
Mark Taylor, Beringea
Palatine backs Icelolly MBO
Palatine Private Equity has backed the £17m management buyout of UK-based holiday price comparison provider Icelolly.
Octopus launches £50m Titan fundraise
Octopus Investments has launched a £50m fundraise for its Titan Venture Capital Trusts (VCTs).
Rutland Partners acquires Bernard Matthews
Turnaround investor Rutland Partners has invested in UK-based turkey producer Bernard Matthews Holdings.
SEP increases stake in Anesco
Scottish Equity Partners (SEP) and Hermes have acquired Zouk Capital’s stake in Anesco, a UK energy efficiency solutions company.