UK unquote
Cinven acquires Mercury Pharma from HgCapital
Cinven has acquired UK-based speciality pharmaceutical company Mercury Pharma in a £465m secondary buyout from HgCapital.
Exponent backs MBO of Fintrax Group
Exponent Private Equity has acquired a majority stake in Irish payment processing company Fintrax Group in a deal valued at €170m.
LDC’s WRG acquires Canyon
LDC portfolio company WRG Creative has acquired live communications agency Canyon.
Ubiquisys raises a further $19m
UK-based 3G technology company Ubiquisys has raised $19m in an oversubscribed round from existing investors, as well as new Chinese investors Mobile Internet Capital and Nissay Capital.
Albion's Bravo Inns makes 30th bolt-on
Bravo Inns, a British pub operator backed by Albion Ventures, has acquired Accrington's aptly named Albion Hotel.
Maven appoints Robertson as investment manager
Maven Capital Partners has hired Alan Robertson as a new investment manager in the firm's Edinburgh office.
NorthEdge recruits ISIS director
NorthEdge Capital has appointed James Hall as director in its Leeds office.
Flood of businesses for sale expected
Sale flood expected
Lloyds sells £1bn private equity portfolio to Coller
Lloyds Banking Group has agreed to sell a portfolio of private equity investments worth £1.05bn to Coller Capital.
PE allocation boosts Oxford University returns
Oxford University’s Endowment Fund (OEF) says strong private equity fund performance helped it outperform its benchmark.
Albion injects £1.3m into Welsh hydropower project
UK-based VCT investor Albion Ventures has invested £1.3m to fund a hydropower project in Wales, in partnership with Welsh developer Dragon Hydro Limited.
Better Capital offers to buy JJB debt
Better Capital, the turnaround firm headed by Jon Moulton, is reportedly looking to buy the debt of struggling UK retailer JJB Sports.
HgCapital sells wind portfolio to Munich Re
HgCapital has sold its operating UK onshore wind portfolio to MEAG, the asset management arm of insurance group Munich Re.
Northstar Ventures backs TryLife
Northstar Ventures has invested £145,000 in UK online educational drama producer TryLife.
Bridgepoint-backed Care UK makes acquisition
Bridgepoint-backed Care UK has acquired residential care provider Whitwood Care from family-owned Michael Wheatley Holdings.
Cherie Blair's PE fund raises £4.5m towards £75m target
Allele, a healthcare-focused private equity fund set up by Cherie Blair, is understood to have raised 6% of its £75m target.
Kelso Place-backed MDNX acquires Octium
Kelso Place portfolio company MDNX has wholly acquired UK-based IT services provider Octium.
NorthEdge hits £125m first close
Manchester-based lower mid-market investor NorthEdge Capital has hit a first close on £125m for its maiden fund, according to sources close to the firm.
North East Accelerator provides £120,000 for Deminos
Finance for Business North East Accelerator Fund, managed by Northstar Ventures, has provided £120,000 to HR outsourcing company Deminos in a third funding round.
Gresham's ICR Integrity bolts on MOSS
Gresham-backed oil and gas services provider ICR Integrity has acquired UK-based mechanical services provider MOSS.
Accel Partners and FirstMark Capital back OpenGamma series-C
Accel Partners and FirstMark Capital have reinvested in UK-based financial analytics company OpenGamma, as part of a $15m round led by ICAP and its early-stage funding programme Euclid Opportunities.
Patron withdraws from Goals Soccer Centres race
Patron Capital has confirmed it will not make a bid for the takeover of listed UK-based Goal Soccer Centres, according to reports.
LDC appoints new investment director
UK mid-cap firm LDC has hired Dale Alderson as an investment director in its Yorkshire team.
Bridges-backed Babington bolts on Training for Today
Bridges Ventures portfolio company Babington Business College has acquired Michael John Training Limited, trading under the name Training for Today.