UK unquote
Naxos Capital et al. back P2i
French GP Naxos Capital Partners has taken part in a £12m funding round for British liquid repellent coating firm P2i.
UK PE market defies recession
While the UK officially entered a double dip recession this morning, its private equity market has defied the gloom and is once again showing growth.
Gresham exits Olaer
Gresham Private Equity has exited fluid management solutions provider, Olaer Group, to US-based Parker Hannifin in an undisclosed deal.
Synova Capital's CloudXL completes debt refinancing
Synova Capital's portfolio company CloudXL, a UK provider of cloud-based infrastructure services, has completed its debt refinancing operation.
EV backs MBO of HSEC
Venture capital firm EV has backed the £2.7m management buyout of Health Safety and Engineering Consultants (HSEC), based in Ashby-de-la-Zouch.
HgCapital’s Voyage Care acquires Solor Care
HgCapital and SL Capital Partners portfolio company Voyage Care has acquired UK care provider Solor Care from Barclays Ventures and RBS.
YFM appoints non-exec chairman
Andrew Marchant has been appointed non-executive chairman of YFM Equity Partners.
PEF raises £1m for disadvantaged young people
Last week’s Private Equity Foundation (PEF) Full Potential Awards dinner was attended by 400 people and raised £1,046,070. The sum is earmarked to help some of the most disadvantaged and vulnerable young people in the UK.
August Equity's Enara makes four add-on acquisitions
August Equity's care business Enara has acquired four care providers to strengthen its position in Wales and Southern England, in a transaction valued at less than £25m.
Augmentum leads £7.5m round for Bathrooms.com
Augmentum Capital has led a £7.5m series-B round for Leighton Buzzard-based bathroom products retailer Bathrooms.com.
Vanguard Atlantic invests in Clinithink
Vanguard Atlantic has led a funding round in UK healthcare software business Clinithink.
GCP-backed Killby & Gayford goes into administration
Former 3i portfolio company Killby & Gayford – currently backed by Growth Capital Partners (GCP) – has gone into administration, according to reports.
Lyceum's Access acquires DHC Finance
Lyceum Capital's portfolio company Access UK has acquired business support software provider DHC Finance Ltd.
ISIS to close latest fund on £350m
ISIS Equity Partners is about to announce the close of its fifth fund on £350m, according to reports.
VCT fundraising remains strong
VCTs raised £330m in the last tax year, according to data published by the Association of Investment Companies (AIC).
Sovereign promotes two
Sovereign Capital has promoted investment team members Jose Rodriguez Cesenas and Neil Cox to directors.
ISIS invests in Happy Days
ISIS Equity Partners has invested £3.7m in day nursery operator Happy Days.
Montagu acquires College of Law
Montagu Private Equity has acquired the legal education and training business of The College of Law.
YFM backs Seven Technologies
YFM Equity Partners has invested £6.6m in Northern Irish engineering firm Seven Technologies.
Lyceum's Adapt makes £13m acquisition
Lyceum Capital has invested an undisclosed sum of fresh equity to support the £13m add-on acquisition of eLINIA by its portfolio company Adapt.
Notion Capital holds a $100m first close
Notion Capital has announced a $100m first close for Notion Capital Fund 2, its second fund focused on emerging cloud computing and software-as-a-service (SaaS) companies in the UK and Europe.
Dewey & LeBoeuf loses recently appointed PE duo
The heads of Dewey & LeBoeuf’s private equity team are to leave for rival firm McDermott Will & Emery after only a year in office, according to unquote" sister publication Legal Week.
WestBridge closes £30m SME fund
WestBridge Capital has closed the WestBridge SME Fund on its £30m target after two years of fundraising.
Larger UK buyouts pick up in Q1
Larger buyout activity is picking up pace once again after suffering in late 2011, according to the latest finding of the unquote” UK Watch, in association with Corbett Keeling.