UK unquote
MML Capital exits MineTech
MML Capital Partners has sold its 40% stake in UK-based landmine clearance company MineTech to German trade buyer Dynasafe Area Clearance Group, which is backed by Perusa Partners.
NVM-backed Kitwave buys Teatime Tasties
Kitwave, a wholesaler backed by NVM Private Equity, has acquired Teatime Tasties, a wholesaler of biscuits, cakes, confectionary and soft drinks.
Lyceum's Access Group buys thankQ
Access Group, a business management solutions provider backed by Lyceum Capital, has acquired fundraising and CRM software specialist thankQ for £2.7m.
Beringea backs CognoLink
Beringea has invested in UK-based primary research firm CognoLink.
LDC buys HMV live music division
LDC has bought Mama Group, the live music division of entertainment retailer HMV, for £7.3m.
Metric Capital Partners invests in Centric Health
Metric Capital Partners has invested €20m in the MBO of Irish healthcare provider group Centric Health and its two subsidiaries Áras Sláinte and Global Diagnostics.
ICG backs MBO of ATPI from Equistone
The management team of UK-based travel management business ATPI has bought the company from Equistone with support from ICG.
Northern Trust expands alternatives business development team
Northern Trust has hired Edwin Parker into a newly-created role that will expand its alternative fund administration business.
BGF backs Peyton and Byrne with £6.25m
The Business Growth Fund (BGF) has injected £6.25m into Peyton and Byrne, a London-based restaurant, retail bakery and events business.
North West Fund for Biomedical backs TTS Pharma
The North West Fund for Biomedical has invested £550,000 in TTS Pharma, a UK-based developer of personalised nicotine patches for smokers.
Dunedin backs £34.5m MBO of Premier Hytemp
Dunedin has supported the MBO of Scottish oil and gas exploration equipment manufacturer Premier Hytemp from Murray International Holdings.
Montagu and GIP exit Biffa via debt-for-equity swap
Montagu Private Equity and Global Infrastructure Partners (GIP) have exited UK waste services company Biffa via a debt-for-equity swap with the company's senior lenders.
Lonsdale in MBO of funeral service provider Avalon
UK small- to mid-cap house Lonsdale Capital Partners has backed the MBO of Avalon Funeral Plans.
Dunedin reaps 3x money multiple on etc venues exit
Dunedin Capital Partners has exited UK-based conference and training venues business etc venues in an SBO to Growth Capital Partners (GCP), reaping a 3x money multiple on its original investment.
Enterprise Ventures invests in Isis Forensics
Enterprise Ventures (EV) has backed UK-based forensics software developer Isis Forensics with funds from its North West Fund for Venture Capital and Lancashire County Council’s Rosebud Fund.
UK mid-market most affected by recession
The mid-market has suffered more during the double dip recession than other market segments, according to figures from unquote” data.
CT Investment Partners et al. back Cable-Sense
CT Investment Partners' North West Fund for Energy & Environmental and MTI Partners' UMIP Premier Fund have backed UK-based infrastructure management company Cable-Sense with £800,000.
Electra Private Equity reduces discount to NAV
Electra Private Equity improved its discount to NAV ratio and recorded higher exit and investment activity in the past year.
Greensphere Capital backs Greenlight
Greenlight AD Power, a holding company behind a proposed anaerobic digestion platform, has raised £16m from Greensphere Capital, the sustainable energy-focused private equity firm chaired by Jon Moulton.
Octopus et al. invest in YPlan
Octopus Investments, Wellington Partners and angel investors have backed London-based app developer YPlan with a $1.7m seed financing round.
Better Capital still trades above NAV
Listed PE firm Better Capital has continued to trade above its NAV per share in the six-month period ending on 30 September 2012.
Finance Yorkshire et al. back Magnomatics
Finance Yorkshire, IP Group and Fusion IP have backed Magnomatics, a UK-based developer of magnetically geared motors, with £2.5m.
MMC Ventures reinvests in Love Home Swap
Following its investment in December 2011, MMC Ventures has led a £800,000 second round of funding for holiday website Love Home Swap.
Apollo negotiates stake in Aurum Holdings
Apollo Global Management has shown interest in acquiring a stake in British jewellery company Aurum Holdings, according to The Telegraph.