UK unquote
Aegon set to sell life assurance arm
Aegon plans to sell its Guardian life assurance arm for more than $400m, according to Reuters, with a number of private equity players thought to be interested in the firm.
OMERS acquires V.Ships from Exponent
OMERS Private Equity has acquired V.Group, better known by its brand V.Ships, a third-party manager of vessels in the cargo and leisure sectors, from Exponent Private Equity for an enterprise value of $520m.
UK & Ireland unquote" 25 July 2011
Just a few months after closing what many call Europe’s most impressive fund of the year, Montagu is waving goodbye to two directors, unquote” has learned from sources close to the fund.
DFJ Esprit invests in Redkite Financial Markets
DFJ Esprit has invested in a series-A round for real-time financial markets surveillance products specialist Redkite Financial Markets.
YFM-backed Fishawack acquires Phocus
YFM Equity Partners’ portfolio company Fishawack has acquired Swiss medical communication service provider Phocus Services GmbH.
RJD backs Verdant Leisure bolt-on
RJD Partners portfolio company Verdant Leisure has completed its first add-on acquisition, adding holiday park Viewfield Manor to its portfolio.
Endless closes third fund on £220m
UK turnaround investor Endless has closed its latest vehicle on £220m.
VC-backed PhotoBox acquires Moonpig for £120m
PhotoBox, which is backed by a consortium of investors that include Highland Capital Partners, Index Ventures and HarbourVest, has acquired online greetings card retailer Moonpig.com for £120m.
ISIS looking to float or sell Wiggle
ISIS Equity Partners is considering a flotation or sale of online cycling and swimwear retailer Wiggle, according to reports.
UK Watch: A cold chill in Q2
Despite the warm weather, figures in the latest unquote” UK Watch, in association with Corbett Keeling, could send a chill down the spine of many UK professionals.
3i-backed Enterprise in potential restructuring
3i’s portfolio company Enterprise is considering a full-scale restructuring, according to reports.
Catapult invests £850,000 in Kick Sport
Catapult Venture Managers has invested £850,000 in martial arts retailer Kick Sport.
MTI leads investment in Oxford Photovoltaics
MTI Partners has led a £650,000 investment round in UK cleantech company Oxford Photovoltaics Limited (OPV).
Accel Partners adds to its investment team
Philippe Botteri has joined Accel Partners’ investment team in London.
Imperial Innovations backs Stanmore Implants
Imperial Innovations Group has invested €4m in customised implants specialist Stanmore Implants.
Consortium invest £16.9m in Atlas Genetics
A consortium, led by Novartis Venture and Consort Medical, has invested £16.9m in diagnostic company Atlas Genetics Ltd.
LDC acquires Original Additions
LDC has acquired beauty accessories supplier Original Additions in a secondary buyout from Matrix Private Equity and Barclays Ventures.
AlixPartners announces new managing director
Rob Hornby has been appointed as managing director of AlixPartners.
Michael Joseph joins Tyler Mangan
Tyler Mangan has appointed Michael Joseph, former CEO of Lloyds Development Capital, to work in an advisory capacity.
Piper cashes in on retail sector expertise
The retail sector is filling headlines for all the wrong reasons at the moment. Despite the difficult period for the sector, Piper Private Equity has just held final close of its new fund, reinforcing the merits of sector specialism. Viktor Lundvall investigates
Permira prepares NDS IPO
Permira has hired JP Morgan, Goldman Sachs and Morgan Stanley to assist in listing digital set-top box manufacturer NDS in New York.
PE firms circle American Golf
A number of private equity investors are to place bids for the buyout of LDC-owned American Golf, a UK-based retailer of golfing equipment, according to media reports.
Enterprise Ventures backs MBO of IMC
Enterprise Ventures has backed the £3.7m management buyout of London-based management consulting services provider IMC Worldwide.
RSM Tenon appoints Dave Cutts
RSM Tenon Corporate Finance has appointed Dave Cutts to the Southern Corporate Finance team.