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3i bonuses to spark shareholder revolt
Ahead of 3i’s annual meeting on Thursday, shareholder lobby group PIRC is urging stakeholders to vote against the listed firm’s executive bonuses.
Isis invests £18m in YSC buyout
Isis Equity Partners has invested £18m in the £38m MBO of YSC, a global business psychology firm.
Foresight backs Aerospace Tooling BIMBO
Foresight has invested £3.5m in the buy-in management buyout (BIMBO) of Scottish precision engineering company Aerospace Tooling.
Panoramic backs Captify Media
Panoramic Growth Equity has injected £1.2m into digital marketing company Captify Media in exchange for a minority stake.
BGF invests £10m in York Mailing
The Business Growth Fund (BGF) has invested £10m in UK printing business York Mailing, a producer of retail flyers, media inserts and catalogues.
LDC's TD Travel acquires booking agent Hotelscene
TD Travel, supported by private equity house LDC, has bought Hotelscene, an independent corporate travel and hotel agency.
Law firm RPC hires Ahark
Sukh Ahark, RPC
Evercore establishes PCA business
Evercore Partners is establishing a private capital advisory (PCA) business to expand its global investment banking platform.
NVM backs Buoyant MBO
NVM Private Equity has supported the management buyout of British upholstering manufacturer Buoyant Holding with a £7m equity ticket.
Palatine closes second fund on £150m
Manchester-based Palatine Private Equity has held a final close for its second fund on its £150m hard-cap.
Carey Olsen appoints two partners
David Crosland, Carey Olsen
Lloyds' Rablen joins Investec
Paul Rablen, Investec
Casual dining; the proof is in the branding
Casual dining
August invests in Minerva Education
August Equity has invested in Minerva Education, the parent company of Eaton Square School Group (ESS) and Ravenstone School.
PineBridge appoints managing director
Paul Osborne, PineBridge
CVC to scrap infrastructure fund
Private equity firm CVC Capital Partners has cancelled plans to raise a €2bn infrastructure fund as part of change in its infrastructure investment strategy.
Finance Wales-backed Orthos enters administration
Medical devices company Orthos, backed by Finance Wales, has gone into administration.
BBVA joins SumUp extended series-B
BBVA Ventures, the venture capital arm of Spanish bank BBVA Group, has invested in Dublin-based SumUp in an extension of the company’s previous series-B round.
Key to UK mid-market growth is overseas
According to new research, the UK mid-market is more than weathering the storm. This key segment, which has been touted as vital for putting the economy back on track, is one of the biggest contributors to UK GDP through its drive to sell into new geographical...
TPG picks up Charterhouse’s TSL Education
TPG Capital has acquired TSL Education from Charterhouse Capital Partners in a deal thought to be worth £400m.
Encore Capital exits Pure360, reaping 4x and 47% IRR
Encore Capital has sold digital marketing software company Pure360 for £10m, reaping a 4x return on the original investment and an IRR of 47%.
Corsair’s Davies eyes Lloyds
Former trade minister Lord Mervyn Davies, vice-chairman of US-based private equity firm Corsair Capital, is in the midst of assembling a group of investors to acquire a £10bn stake in Lloyds Banking Group, according to reports.
Sovereign supports Eden’s HASS acquisition
Eden Supported Living, backed by buy-and-build specialist Sovereign Capital, has acquired Housing & Support Solutions (HASS).
VC-backed Shazam raises $40m from America Movil
Music discovery company Shazam has received a $40m capital injection from wireless carrier America Movil.