UK unquote
Lyceum sells UK energy consultancy M&C to Schneider Electric
Lyceum Capital has sold Scotland-based energy consultancy M&C to French energy management company Schneider Electric, in a deal believed to be worth £90m.
GPs warned over exit clauses
GPs are being warned to ensure pre-emption rights on deals are properly drafted, after recent cases highlighted potential pitfalls.
Lloyds announces six senior promotions
Lloyds's acquisition finance team has promoted six professionals to senior positions across Europe.
Lion to make 5x money on Weetabix
Lion Capital has sold 60% of UK cereal business Weetabix to Chinese food group Bright Food, in a deal that values the company at £1.2bn.
Ludgate backs Ignis Biomass
Ludgate Investments has injected £3.1m into Ignis Biomass, a UK-based renewable energy company, in exchange for a minority stake.
Ludgate backs Tamar Energy
Ludgate Investments has injected £7m into Tamar Energy, a UK-based company that produces energy from organic waste.
Matrix reaps 17.8x on Camwood
Matrix Private Equity Partners and Foresight Group have sold their original stake in Camwood, an IT services business, in a sale back to management.
Montagu acquires CAP
Montagu Private Equity has bought Leeds-based CAP, a provider of information to the automotive industry, for an estimated £175m.
BGF injects £3.85m into M Squared Lasers
Business Growth Fund (BGF) has invested £3.85m for a minority stake in Glaswegian laser and detection technology company M Squared Lasers.
3i Debt Management appoints new portfolio manager
David Fewtrell has joined 3i Debt Management as a portfolio manager.
Langholm acquires Purity Soft Drinks in MBI
Langholm Capital has backed Gary Nield and Peter Unsworth’s management buy-in of Purity Soft Drinks from long-time owners the Cox family.
UK government sells remaining stake in Actis
Emerging markets investor Actis has bought the remaining 40% shareholding held in the company by the UK government for £8m.
SJ Berwin appoints six partners
SJ Berwin has named six new partners, including one new hire, in its London, Frankfurt and Munich offices.
Altius adds to infrastructure team
Altius Associates has appointed Reyno Norval to the global infrastructure and real assets team in London.
Caird Capital exits Bifold to LDC for £85m
Caird Capital has exited gas pumps manufacturer Bifold Group to LDC in a £85m deal yielding a 3x return for the seller, according to a source close to the deal.
Palamon concludes £23m refinancing of Cambridge Education Group
Palamon Capital Partners has completed a £23m refinancing deal for its portfolio company Cambridge Education Group (CEG) with Royal Bank of Scotland.
Vitruvian leads $64m round for Just-Eat
Vitruvian Partners has led a $64m funding round for London-based online takeaway ordering service Just-Eat.
JPEL extends credit facility with Lloyds TSB
JP Morgan Private Equity Ltd (JPEL) has extended a $150m multi-currency credit facility with Lloyds TSB Corporate Markets.
Terra Firma buys Four Seasons for £825m
Terra Firma has acquired British elderly and specialist care provider Four Seasons for £825m.
ISIS appoints four partners
ISIS Equity Partners has promoted Pete Clarke, Liz Jones, Paul Morris, and Daniel Smith to partner.
ISIS closes fifth fund on £360m
ISIS Equity Partners has closed its fifth vehicle ISIS V on £360m.
Accell Group buys Perseus's Raleigh Cycle for $100m
Perseus Capital and Raleigh Cycle's management have sold the British bicycle business for $100m to Dutch trade player Accell.
McDermott hires Dewey & Leboeuf duo
Law firm McDermott Will & Emery has officially appointed Mark Davis and Russell Van Praagh as partners in the firm's London offices.
CVC acquires AlixPartners
CVC Capital Partners has acquired a majority stake in corporate advisory firm AlixPartners from private equity owner Hellman & Friedman.