UK unquote
Equistone reviews options for Allied Glass
Equistone has hired Rothschild to assess its options for Allied Glass, which could result in a sale later on this year.
LDC backs MBO of Node4
LDC has backed the management buyout of UK-based IT and communications services provider Node4 Ltd.
Private equity tempted by Hotel Chocolat
Private equity houses are in talks with confectioner Hotel Chocolat regarding a possible purchase, which could see the company valued at around £100m.
British Gas leads £7m investment in 4energy
British Gas has led a £7m investment in 4energy alongside existing investors Environmental Technologies Fund (ETF), Carbon Trust Investments and Catapult Venture Managers.
ACT et al. invest $5.2m in Cubic Telecom
ACT Venture Capital, Enterprise Ireland, TPS Investments and US telecoms giant Qualcomm have jointly invested $5.2m in Dublin-based global connectivity specialist Cubic Telecom.
3i to buy Barclays’ infrastructure fund management business
3i has made a binding offer to buy Barclays’ European infrastructure fund management business.
The importance of being European
EU membership
Blackstone, Carlyle targeted by Stop G8 protests
Anti-capitalism protest group Stop G8 has publicised the London addresses of several private equity firms – including Blackstone, Carlyle and Lion Capital – ahead of the G8 Summit in June.
Maven, Connection reap 1.8x on Atlantic Foods sale
Maven Capital Partners and Connection Capital have sold their stake in Atlantic Foods Group to Flagship Food Group LLC, a US trade buyer.
Ares hires former Blair adviser
Ares Management has appointed former Tony Blair adviser Charles Steel as managing director, heading up the fund's European private equity operations.
Sovereign chalks up 5.3x on WCL exit
Sovereign Capital has sold World Class Learning (WCL) to Nord Anglia Education, generating a 5.3x money multiple and 70% IRR.
Top Technology Ventures launches £30m vehicle
Top Technology Ventures, the venture capital arm of intellectual property firm IP Group, has launched a £30m venture fund.
Monetising life sciences deals
Life sciences
Linnaeus leads $3m round for M2fx
Linnaeus Capital Partners has led a $3m funding round for UK-based fibre cable protection manufacturer M2fx.
Beechbrook mezzanine fund hits €67m first close
Northern European investor Beechbrook Capital has raised €67m for its latest mezzanine fund at first close.
Altium promotes two
International investment bank Altium has promoted Andy Clarke to director and Elin Sion to assistant director in its Manchester office.
Balderton Capital et al. invest $13.4m in Urturn
Balderton Capital has led a series-A fundraising round of $13.4m for Urturn, a UK social media platform.
Phagenesis expands series-B round to $17m
Phagenisis has extended its series-B funding round to reach $17m.
Beringea invests £1.5m in Monica Vinader
Beringea and private family business The Clark Group have invested £2.5m in high-end jewellery retailer Monica Vinader.
Cloetta acquires Goody Good Stuff
Nordic Capital- and Cidron-backed Cloetta AB has acquired UK-based candy company Goody Good Stuff.
Kick Sport receives additional investment from Catapult
Midlands-based Catapult Venture Managers has invested £250,000 in UK online martial arts retailer Kick Sport.
Infinity partially exits Positive Cashflow Finance
Infinity Asset Management has partially exited its 2007 investment in invoice finance provider Positive Cashflow Finance through a funding line from RBS Invoice Finance (RBSIF) and NatWest.
OCP Special Situations Fund holds first close at £6m
Oakfield Capital Partners (OCP) has held a first close at £6m for its vehicle Oakfield UK Special Situations Fund, targeting £20m.
Langholm Capital puts Tyrrells up for sale
Private equity firm Langholm Capital has put crisps brand Tyrrells up for sale, according to a source close to the situation.