UK unquote
YFM backs Mynt Facilities with £650,000
YFM Equity Partners has injected £650,000 into Merseyside-based commercial cleaning business Mynt Facilities Services.
EQT picks up Vertu from Nokia
EQT Partners has acquired luxury phone business Vertu from Nokia.
LDC acquires Metronet from YFM
LDC has completed the management buyout of UK-based internet service provider Metronet from YFM Equity Partners and Acceleris.
Palatine adds two to advisory board
Palatine Private Equity has appointed Ian Darby and Michael Fort to its executive advisory board.
Balderton Capital et al. in $16m round for Openet
Balderton Capital, Cross Atlantic and Kreos Capital have committed capital to a $16m series-D financing round for Irish management software provider Openet.
Endless appoints associate director
UK turnaround investor Endless has promoted Lucia Villamor to associate director.
Next Wave acquires Molinare
Next Wave Partners has acquired UK post-production firm Molinare TV and Film Ltd.
OMERS PE acquires Lifeways from August Equity
The private equity branch of Canadian pension fund OMERS has acquired British healthcare services provider Lifeways from August Equity.
Brian Magnus leaves Morgan Stanley Private Equity
Brian Magnus, formerly managing director and head of Morgan Stanley's private equity business in London, has left the company.
UK & Ireland unquote" June 2012
After several difficult years, Terra Firma may be turning its fortunes around and exorcising the ghost of EMI.
FIG launches VC fund for graduates
London-based venture capital firm Find Invest Grow (FIG) has launched its maiden vehicle, the FIG Concept Seed Fund.
DN hits seventh exit in two years with Apsmart sale
DN Capital has exited UK mobile innovation company Apsmart in a trade sale to Thomson Reuters.
MML sells Industrial Acoustics to AEA
MML Capital Partners has sold noise control products manufacturer Industrial Acoustics to AEA Investors.
ICG backs Symington’s in SBO
Intermediate Capital Group has invested in the secondary buyout of convenience food producer Symington’s from Bridgepoint Capital.
Inflexion acquires Marston Group from Gresham
Inflexion Private Equity has bought UK-based judicial services business Marston Group from Gresham Private Equity.
Foresight completes Aquasium partial exit
Foresight-backed technology company Aquasium has sold its electron beam subsidiary EBTEC to EDAC Technologies Corporation for approximately $11m.
New advisory firm to offer pre-sale advice for UK businesses
Entrepreneur James Caan and corporate financier Paul Herman have launched bluebox, an advisory firm aiming to help UK businesses prepare for sale.
BGF backs Cennox with £3m
The Business Growth Fund (BGF) has provided £3m of funding for ATM service provider Cennox.
CEO Simon Borrows invests £7m in 3i shares
Newly-appointed 3i chief executive Simon Borrows has bought four million shares in the company, worth slightly less than £7m, according to reports.
3i debt arm increases AUM by €2bn
3i Debt Management (3iDM) has added €2bn to its assets under management with the purchase of seven collateralised loan obligation (CLO) management contracts from investment manager Invesco.
CVC's Formula One postpones IPO
CEO Bernie Ecclestone told Reuters that the IPO of CVC-backed Formula One Group on the Singapore Stock Exchange may be postponed to later this year.
EU relaxes VCT scheme requirements
The European Commission has enhanced its state aid approval for the UK's Venture Capital Trust (VCT) scheme, loosening both requirements and restrictions on maximum funding.
Dunedin sells Capula to Dutch trade buyer Imtech
Dunedin has sold Capula, a provider of IT systems solutions to energy operators, to Dutch Engineering company Imtech.
Social Action Fund backs Impetus Trust
Venture philanthropy organisation Impetus Trust has received a £310,000 investment from the Social Action Fund.