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OpCapita acquires GAME for £1
OpCapita has acquired GAME Group’s UK business for a nominal £1. The turnaround investor has acquired the firm’s 333 remaining stores, and paid a reported £50m for the company's £85m debt, but has not bought any of GAME’s overseas assets.
AAC abandons fundraising efforts in the UK
AAC has stopped its efforts to raise a £300m fund in the UK, leading to suggestions the British office of the firm is winding down.
Grahame Cook is new chairman of Epi-V
Specialist oil and gas investment fund Epi-V has appointed Grahame Cook as its new chairman.
GCP appoints Richard Shaw as investment manager
Growth Capital Partners (GCP) has appointed Richard Shaw as investment manager.
Robert Easton named BVCA chairman
Carlyle's Robert Easton has taken over as chairman of the British Venture Capital Association, replacing Amadeus' Richard Anton.
Accel Partners backs Hailo
Accel Partners has led a $17m series-A funding round for London-based mobile taxi app Hailo.
JAG Shaw appoints new lawyer
Boutique law firm JAG Shaw, which specialises in private equity and venture capital, has hired Susanna Stanfield as a lawyer in its London office.
LDC reaps 3.8x money on Eveden Group exit
LDC has sold its stake in lingerie and swimwear business Eveden Group to Japanese listed trade player Wacoal Holding Corporation.
Distressed debt funds called in for Fitness First
BC Partners has called in distressed debt firms Oaktree Capital and Marathon following Fitness First’s failure to meet repayments, according to reports.
ECI appoints new investment manager
UK mid-market GP ECI Partners has appointed Joe Garrood as investment manager in its London office.
CVC to refinance Formula One Group
CVC has launched a process to refinance portfolio company the Formula One Group.
GCP acquires Garrets International
Greenhill Capital Partners has acquired Essex-based marine catering management business Garrets International for a reported £17m.
Better Capital buys Everest for £25m
Turnaround specialist Better Capital has acquired a 95% in stake in UK-based home improvement products manufacturer Everest in an all-equity, £25m transaction.
HgCapital promotes one, hires seven
HgCapital has announced the promotion of Kai Romberg to partner at the firm and made seven new hires at associate level.
AnaCap buys international division of IFG for €84m
AnaCap has agreed to acquire the international division of financial services company IFG Group for €84m.
Ashridge back special needs care provider Phoenix
Ashridge Capital has invested £3.5m in a management buyout of special needs care provider Phoenix Learning and Care.
Catapult invests in logistics company
Catapult Venture Managers has contributed £1.3m to a management buyout of specialist technology outsourcing and logistics company echo.
Terra Firma buys Garden Centre for £276m
Terra Firma Capital Partners has acquired British garden centre operator The Garden Centre Group from Lloyds for a total of £276m in equity and debt.
Panoramic Growth injects £1m in Dog Digital
Scottish venture capital firm, Panoramic Growth Equity, has invested £1m in digital communications agency Dog Digital Limited.
Imperial Innovations leads £3m funding round in Abingdon Health
Imperial Innovations Group has led a £3m funding round in Abingdon Health, a specialist medical diagnostics company, alongside other private investors.
HIG Europe acquires Brand Addition
HIG Europe Capital Partners has acquired Brand Addition and its subsidiary, Kreyer Promotion Service, from 4imprint in a £24m deal.
LDC backs Airline Services MBO
LDC has backed the MBO of aircraft maintenance company Airline Services.
Percipient generates 18x on Milmega exit
Percipient Capital has exited EMC testing and RF microwave specialist Milmega Limited making 18x its original investment and a 50% IRR.
Baird looking to raise £250m
UK-based mid-cap investor Baird Capital Partners Europe is currently raising a £250m fund, according to a source close to the situation. The firm's previous vehicle closed on €204m in 2005.