UK unquote
Acacia Pharma raises £15m in series-B
Acacia Pharma, a UK-based cancer-focused pharmaceutical company, has raised £15m in a series-B funding round from a consortium including both new and existing investors.
Altius reshuffles management team
John Hess, Altius
Cinven partner Gibson steps down
Cinven partner Rebecca Gibson has stepped down after 11 years at the firm.
Environ appoints Andrews as principal
Richard Andrews, Environ
CDC appoints ex-Permira partner as chairman
Graham Wrigley, CDC
Maven Capital backs Fletcher Shipping
Maven Capital Partners has invested a further £5.5m in its portfolio company Fletcher Shipping, an Aberdeen-based shipping company.
BGF invests £2.8m in Arran Aromatics
The Business Growth Fund (BGF) has invested £2.8m and taken a minority stake in Arran Aromatics, a Scottish luxury toiletries company.
PE backers looking to divest Burton’s Biscuits
Burton’s Biscuit Company, owned by Apollo Global Management and Duke Street, is up for sale with a price tag of £350m, according to reports.
Risk Capital acquires Cruise.co
Risk Capital Partners has acquired a majority stake in Cruise.co, a UK-based owner of online cruise holiday websites.
LDC eyes up Silverstone
Mid-market house LDC is discussing a potential management buyout of motor racing events operator Silverstone Circuits.
BC’s Foxtons to raise £55m in flotation
London-based estate agent Foxtons, backed by BC Partners, is to float on the London Stock Exchange in September and plans to raise £55m in a sale of both new and BC-owned shares.
Risk Capital backs Red Hot World Buffet
Risk Capital Partners has acquired a majority stake in UK-based restaurant group Red Hot World Buffet.
BGF backs Xercise4less with £5m
The Business Growth Fund (BGF) has injected £5m into Xercise4less, a fitness chain founded by ex-rugby player Jon Wright.
Advent mulls Co-op insurance bid
Advent International has teamed up with former RSA Insurance boss Andy Haste to bid for Co-operative Group’s insurance arm.
Hellman’s WRI buys HostelBookers.com
Hellman & Friedman-backed Web Reservations International (WRI) has acquired HostelBookers.com.
OFT furniture probe embroils PE-backed retailers
The Office of Fair Trading (OFT) is investigating six furniture retailers, two of which are understood to be Sun European-backed Dreams, and Advent-owned DFS.
Baker Tilly picks up RSM Tenon in pre-pack deal
Baker Tilly has acquired RSM Tenon’s trading business in a pre-pack deal following a write off of the embattled company’s £80m debt.
Syncrophi Systems raises €1m
Galway-based medical devices company Syncrophi Systems has raised €1m from the AIB Seed Capital Fund.
Greycroft and iNovia back Tagman
Greycroft Partners and iNovia Capital have led a $5m funding round for UK-based Tagman, a global tag management system (TMS) provider.
Neeson joins SEP from Caird
Paul Neeson, SEP
Synova smashes £110m fundraise
Synova Capital has closed its second fund on its £110m hard-cap in less than three months.
Terra Firma appoints head of investor relations
Terra Firma has appointed Lachmi-Niwas Sadani, whose resume includes stints at Apax and Axa Private Equity, as head of investor relations.
PE-backed McCarthy & Stone in refinancing
Retirement home developer McCarthy & Stone – which is backed by a consortium of investors believed to include Goldman Sachs, TPG and Alchemy Partners – has refinanced its existing debt.
BGF-backed SHS bolts on Dixon Pentland
Swanbridge Hire & Sales Integrated Services (SHS), a portfolio company of the Business Growth Fund (BGF), has acquired UK-based Dixon Pentland Scaffolding for approximately £2m.