UK unquote
Better Capital posts 42% NAV growth
Listed private equity firm Better Capital has posted 42.08% value growth combined NAV and distribution for Fund I.
Arkex raises $15m from 4D Gea
Non-seismic geophysical imaging provider Arkex has raised $15m from 4D Global Energy Advisors (4D Gea).
Octopus backs UltraSoC
Octopus Investments has invested a further $2.3m in a series-B funding round for UltraSoC, a UK-based provider of system-on-chip infrastructure (SoC).
Heptares raises $21m from Clarus and Takeda
Venture capital firms Clarus Ventures and Takeda Ventures have backed a $21m round for UK-based drug discovery and development company Heptares Therapeutics, alongside the Stanley Family Foundation.
Langholm nearing exit from Tyrrells
Langholm Capital, private equity owner of UK-based Tyrrells, is one step closer to selling the crisp maker for £100m as first round bids come to a close.
Young Associates backs $10m round for XConnect
Young Associates and existing investor Crescent Group have taken part in a $10m funding round for XConnect, a provider of federation-based interconnection and registry services.
PE-backed Aston Martin used as collateral for owner’s debt restructuring
British car-maker Aston Martin, which is part-owned by private equity firm Investindustrial, has been used as collateral by its majority backer, The Investment Dar (TID) in a fresh debt restructuring plan with creditors.
Lyceum hires two
Matthew Norrington, Lyceum Capital
Isis invests £3.5m in MBO of Armstrong Craven
Isis Equity Partners has backed the management buyout of UK-based specialist search and intelligence consultancy Armstrong Craven with a £3.5m investment.
Endless supports James Briggs MBO
Endless has backed the management buyout of aerosol and speciality chemical supplier James Briggs.
VC-backed Photobox acquires StickyGram.com
Photobox Group, a provider of online digital photo services backed by a number of venture capital firms, has acquired Instagram photo-to-magnet online print company StickyGram.com.
unquote" Awards: More tips for entering
Entries for the unquote" British Private Equity Awards are due Friday 5 July. Meanwhile, here are eight tips from unquote" editor-in-chief Kimberly Romaine to improve your chances.
Catapult et al. invest in Monica Healthcare
Catapult Venture Managers, East Midlands Business Angels, New Hill Management and private investors have made a further cash injection into Monica Healthcare.
Lyceum’s Adapt gets Sleek
Managed IT infrastructure provider Adapt, backed by Lyceum Capital, has acquired cloud hosting provider Sleek.
SEP in £1.25m round for Cyberhawk
Scottish Equity Partners (SEP) has led a £1.25m investment in remote aerial industrial inspection company Cyberhawk Innovations.
Octopus launches institutional venture fund
Octopus Investments has announced the launch of its first institutional investors fund.
Apax VIII holds final close on €5.8bn
Apax Partners has reached $7.5bn (€5.8bn) for its latest fund.
Caird’s TM Lewin in potential £100m sale
TM Lewin, a London-based shirt maker backed by Caird Capital, could go up for sale with a £100m price tag, according to reports.
Bridgepoint secures £375m refinancing for Pret debt
Pret A Manger will pay out £150m to its private equity owner Bridgepoint following a dividend recapitalisation.
Piper backs Turtle Bay with £6m
Piper Private Equity has acquired a significant minority stake in Caribbean restaurant group Turtle Bay with a £6m capital injection.
Private equity circles D&G
Private equity firms including Blackstone, CVC and Clayton Dubilier & Rice are believed to be in a second round of bidding for Advent International's Domestic & General (D&G).
Midven backs Amalyst
Midven has invested in University College London (UCL) spin-off Amalyst, a developer of electro-catalyst technology, alongside funding body UCL Business Plc (UCLB).
NVM backs Kirton MBO
NVM Private Equity has backed the £5.5m MBO of Kirton Group, a UK manufacturer and supplier of specialist seating products for the elderly and disabled.
Electra buys Allen & Heath for £43m
Electra Partners has acquired Allen & Heath Ltd, a manufacturer of audio mixing consoles, from Japanese and American audio equipment corporation D&M Holdings Inc for £43m.