UK unquote
Changes to IPO rules under discussion at Downing Street
Technology companies with high growth rates could be allowed to float just 10% of their business on the London Stock Exchange if proposals under discussion at Downing Street are accepted.
Penta Capital in £560m offer for Redrow
Listed UK house builder Redrow has received a takeover approach from its chairman, backed by a number of investment funds including Penta Capital.
ISIS backs MBO of Impetus Automotive
ISIS Equity Partners has supported the MBO of consultancy firm Impetus Automotive.
Corbett Keeling moves offices
Corporate finance adviser Corbett Keeling has moved its offices.
Candover NAV per share drops 10%
Listed private equity firm Candover Investments has announced a NAV per share of 642p at 30 June, down 10% from 717p at the end of December 2011.
CT Investment Partners leads £1m round for SenseLogix
CT Investment Partners has led a £1m series-B funding round for UK-based energy solutions firm SenseLogix.
Sovereign’s Christchurch Group makes acquisition
Sovereign Capital portfolio company Christchurch Group has acquired Woodlands Respite Care Centre from the MS Society.
PE-backed MedicAnimal acquires Petmeds
MedicAnimal, backed by Balderton Capital and Iris Capital, has acquired online pet medication and supplies retailer Petmeds.
Arle appoints energy specialist as partner
Arle Capital Partners has appointed Peter Goode as a partner with effect from 1 October.
Investor consortium sells Sirigen to BD
Seraphim Capital, Oxford Capital Partners, Nesta, IQ Capital and YFM Equity Partners have sold high sensitivity fluorescence manufacturer Sirigen Group Ltd to US trade player Becton Dickinson and Company (BD).
Connection backs Scottish wind farms
Connection Capital and Riverside are raising £5.5m for a Scottish wind farm project managed by Burcote Wind Ltd.
ECI Partners takes minority stake in Clarke Energy
ECI Partners has invested in British energy solutions company Clarke Energy.
Ludgate appoints two directors
Ludgate Investments Ltd has appointed Bernard Bulkin and Ekaterina Sharashidze as non-executive directors of its investment committee.
Takeover rumours send M&S shares soaring
CVC Capital Partners has emerged as a suitor for listed UK-based retailer Marks & Spencer (M&S), with rumours of a potential take-private sending the company's share price soaring on Friday.
Graphite backs MBO of Explore Learning
Graphite Capital has backed the management buyout of UK academic tuition provider Explore Learning in a deal reported to value the firm at £30m.
HgCapital NAV up, share price down
HgCapital Trust, HgCapital's listed vehicle, has reported NAV growth but a falling share price in its interim results for the six months ending 30 June 2012.
Premier Foods spins out Hartley’s to Hain Celestial
British food producer Premier Foods, backed by Warburg Pincus, has sold its jams and spread business Hartley’s to US food manufacturer Hain Celestial for £200m.
DN Capital holds first close on €51.5m
DN Capital is reported to have held a first close of DN Capital GVC III on €51.5m.
Albion launches MBO School for management teams
Albion Ventures, accountancy firm Smith & Williamson and law firm Bird & Bird have launched an MBO School to train management teams how to execute a successful management buyout.
GE Capital backs Marlin's Hospedia
GE Capital is said to have invested £2m in UK point of care systems provider Hospedia.
Rutland reaps 1.3x on sale of NoteMachine
Rutland Partners has sold UK-based ATM business NoteMachine to Corsair Capital.
Rutland reaps 1.3x on sale of NoteMachine
Rutland Partners has sold UK-based ATM business NoteMachine to Corsair Capital.
Apax prepares sale of Marken
Apax is thought to have appointed Morgan Stanley to lead its sale of the ailing medical courier company Marken.
Equistone out of exclusive talks for Explore Learning
Equistone Partners Europe is no longer in exclusive talks for the buyout of Explore Learning, a UK-based firm offering maths and English tuition to 5-14-year-olds, two sources close to the situation told unquote".