UK unquote
Investindustrial bids for Aston Martin
Italian GP Investindustrial has made an offer to acquire 50% of luxury sports car designer and manufacturer Aston Martin, according to reports.
Eaton joins Goodwin Procter London office
US law firm Goodwin Procter has appointed Ben Eaton as a partner in the firm’s London office. Eaton joins from a tax counsel position at Allen & Overy.
Ian Marwood to leave Grant Thornton
The head of Grant Thornton's corporate finance team in Leeds, Ian Marwood, is leaving the company at the end of the year.
H2 Equity Partners supports MBO of Hancocks
H2 Equity Partners has acquired British confectionery wholesaler Hancocks Group Holdings, alongside the company's management.
Two new partners in Weil’s private equity team
Weil Gotshal & Manges’ London private equity team has appointed Samantha McGonigle and Simon Lyell as partners in the firm with effect from 1 January 2013.
NVM exits Paladin Group
NVM Private Equity has exited its stake in UK-based property services company Paladin Group to trade player Places for People in a deal worth £15.9m, reaping a 2.3x return on its investment.
Warburg Pincus-backed Premier Foods to cut 900 jobs
Warburg Pincus portfolio company Premier Foods has announced plans to shut down two bakery sites in Greenford and Birmingham next year, in addition to the previously announced closure of its Eastleigh bakery. The decision will result in 900 job losses...
NVM backs Haystack Dryers
NVM Private Equity has invested £3.5m in UK-based manufacturer of body dryers Haystack Dryers.
Longwall Ventures launches £40m tech fund
Longwall Ventures has launched its second fund, Longwall Ventures Enterprise Capital Fund (ECF), targeting £40m for investments in UK science and technology companies.
CMS restructures UK & CEE private equity team
CMS Cameron McKenna has restructured the leadership of its private equity teams for the UK and Central and Eastern Europe.
Advent to sell Domestic & General for £500m profit
Advent International is reportedly looking to sell its London-based insurance business Domestic & General (D&G) for up to £1bn, doubling the company's value at the time of buyout.
MMC Ventures et al. invest £1m in Breathing Buildings
MMC Ventures, the Berti Green Accelerator programme and Adapt Low Carbon Group have invested £1m in British ventilation specialist Breathing Buildings.
AnaCap's IFG Trust acquires Moore Group
AnaCap Financial Partners's portfolio company IFG Trust and Corporate Group has acquired Jersey-based PE fund administrator Moore Group, marking a consolidation trend that some believe is rife in international fund administration.
CBPE buys Xafinity Consulting
CBPE Capital has carved British pensions consultancy firm Xafinity Consulting out from Advent International-owned Equiniti Group.
Kennet Partners hires finance director
Technology-focused growth equity investor Kennet Partners has hired Neil Cooper as finance director.
Maven exits Oliver Kay
Maven Capital Partners has exited UK-based fresh foods supplier Oliver Kay Holdings Ltd to Bidfresh Ltd, realising a 2.4x return on its original investment.
MMC's Base79 gets equity injection from Chernin
British online video company Base79 has received a $10m equity investment from US media company Chernin Group, on top of additional funding from existing backer MMC Ventures.
Palamon appoints new MD
Palamon Capital Partners has hired John David as managing director in charge of the firm's investment strategy.
BGF recruits LDC's Swarbrick
The Business Growth Fund (BGF) has appointed LDC senior director John Swarbrick as head of portfolio.
US firm poaches Allen & Overy PE co-head
US law firm Simpson Thacher & Bartlett has hired Derek Baird – currently the global co-head of Allen & Overy’s (A&O) private equity sector group – as a partner in the corporate practice of its London office.
Rutland buys Pizza Hut
Rutland Partners has acquired the UK restaurants business of Pizza Hut UK Ltd from parent company Yum! Brands, making a £20m equity injection into the firm.
Will VCs stand out from the crowd?
Crowd funding
Carlyle gives up on Chemring
Carlyle has decided against bidding for British listed military supplier Chemring, following two deadline extensions.
Alcuin buys TileCo Group from Graphite
Alcuin Capital Partners has backed the management buyout of TileCo Group, a UK-based supplier of tile, mosaic and stone products, from Graphite Capital.