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L Capital and LDC show interest in Joules
LDC and L Capital, the private equity fund of luxury goods giant LVMH, are among investors interested in acquiring a stake in British fashion retailer Joules, according to the Independent.
Oxford Capital et al. in $3m Celoxica round
Oxford Capital Partners has led a $3m funding round for London-based ultra-low latency market data provider Celoxica.
Foresight launches third Solar EIS fund
Foresight Group has launched its Solar EIS 3 fund, with a target of £20m, to follow in the footsteps of its recently closed £30m Solar EIS 2 vehicle.
Sun-backed Atmosphere goes into administration
Atmosphere Bars and Clubs, a UK-based portfolio company of Sun European Partners, has gone into administration.
NBGI appoints food & drink industry veteran as senior adviser
UK-based NBGI Private Equity has announced the appointment of Tim Kelly – who has previously worked for Hovis, Coca-Cola Enterprises and Guinness Bass Import – as a senior adviser.
AnaCap sells Cabot to JC Flowers
AnaCap Financial Partners has sold Cabot Credit Management (CCM) to JC Flowers in a secondary buyout worth a reported £800m.
Dunedin's Derry to chair ICAEW corporate finance faculty
The ICAEW Corporate Finance Faculty has appointed Giles Derry, a partner at Dunedin, as its chairman – marking the first time a private equity professional has held the role.
Valar Ventures leads $6m round for TransferWise
Valar Ventures, which was set up by Facebook’s first outside investor and Paypal co-founder Peter Thiel, has led a $6m series-B funding round for London-based currency exchange site TransferWise.
Connection Capital hires investment director
Connection Capital has appointed Miles Otway as investment director.
CVC to make second bid for Betfair
CVC is to make a new bid for online gambling business Betfair by 5pm today, according to media reports.
LDC sells Eve Trakway to Ashtead
LDC has sold temporary traffic systems and management supplier Eve Trakway to rental equipment provider Ashtead Group plc for £28m, a 2.5x multiple on the firm’s original investment.
KCP promotes Thomas to investment director
Key Capital Partners (KCP) has promoted Richard Thomas to investment director at its Birmingham office.
Oakley Capital sells Headland for £15.5m
Oakley Capital Investments has sold news services provider Headland Media Ltd to KVH Industries in a deal that gives the firm an enterprise value of £15.5m.
Cinven's Partnership Assurance to float on LSE
Partnership Assurance Group (PAG), a financial advisory company owned by Cinven, has announced plans to float in London in June, in an IPO that could reportedly value the business at up to £1bn.
Key Capital’s Templine acquires A&A Recruitment
Templine Employment Agency Ltd, a recruitment company backed by Key Capital Partners (KCP), has acquired UK-based A&A Recruitment Ltd.
Mercia backs Ventive in series-A round
Birmingham-based venture capital firm Mercia Fund Management has backed low-carbon ventilation product developer Ventive in a £900,000 series-A funding round.
PEF, Impetus Trust announce new board ahead of merger
Private equity charities Private Equity Foundation and Impetus Trust are banding together to create a 14-strong board.
Calculus invests £1.1m in Benito's Hat chain
Calculus Capital has invested £1.1m, alongside a further £300,000 from existing investors, in London-based Mexican food chain Benito’s Hat.
FTBPro raises $5.8m from VC duo
Battery Ventures and Gemini Israel Ventures have provided $5.8m to FTBPro, a fan-generated football content platform based in London.
Octopus leads £2m TrialReach round
Octopus Investments and Amadeus Capital Partners have provided UK-based clinical trials search business TrialReach with a £2m round of funding.
Endless promotes five
UK-based turnaround firm Endless has promoted team members Indra Valeinis (pictured), Simon Mason, Kerry Swain, Michael Rice and Edward Ransome.
3i sells Civica to Omers Private Equity
3i has sold specialist IT systems and services firm Civica to Omers Private Equity for an enterprise value of £390m.
BGF promotes Mike Sibson to regional director
The Business Growth Fund (BGF) has appointed Mike Sibson as regional director for the firm's Midlands activities, in what marks BGF's first internal promotion at a senior level.
CVC hires Brandon Bradkin as partner
CVC Credit Partners has appointed Brandon Bradkin as a partner in the firm's UK office.