UK unquote
BC Partners acquires Phones4U in SBO
BC Partners has acquired Phones4U from Providence Equity Partners for an undisclosed sum.
NVM invests £6m in Control Risks
NVM Private Equity led a syndicate of investors to acquire a significant minority stake in UK risk consultancy Control Risks from 3i.
FW Capital invests in Bastion Security Installations
FW Capital, part of the Finance Wales Group, has invested £400,000 in North East England-based security equipment manufacturer Bastion Security Installations.
DFJ Esprit reaps 5x on TLC sale
European venture capital firm DFJ Esprit has reaped a money multiple of 5x on its trade sale of customer relationship management company TLC.
Just-Eat secures $48m funding round
Greylock Partners and Redpoint Ventures have co-led a $48m funding round for UK online food takeaway business Just-Eat.
Carlyle buys The Foundry from Advent Venture
The Carlyle Group has acquired visual effects software developer The Foundry Visionmongers from Advent Venture Partners and other stakeholders.
Clearwater adds analyst to London team
Clearwater Corporate Finance has strengthened its London office with the appointment of Daniela Inglez as an analyst in its consumer team.
Golden age for venture capital trusts
The VCT community is looking forward to a bumper year for fundraising, with some industry players forecasting up to £500m to flow into the vehicles for the 2010/2011 tax year.
CCMP-backed Edwards to launch IPO
Edwards Group, a portfolio company of buyout and growth investor CCMP Capital Advisors, has announced its intention to list on the London Stock Exchange.
Parcom buys Hobré Instruments
Parcom Capital has acquired Hobré Instruments, a major UK company in the design and manufacture of online analysers, sample systems and complete turnkey analyser systems.
Intel Capital leads $12m round in Altobridge
Intel Capital has lead a $12m series-C funding round in wireless network solutions provider Altobridge.
CBPE backs HSBC Insurance buyout
Mid-market investor CBPE Capital has funded the acquisition of HSBC Insurance Management (HIM) for $27.5m.
Ropes & Gray appoints new partner
Peter Baldwin has joined Ropes & Gray’s private equity practice as a partner in London.
Infinity closes fund at $200m
UK-based Infinity has closed its third fund, which raised $200m.
Investcorp sells Moody International for £450m
Investcorp has exited technical services group Moody International to trade buyer Intertek for £450m.
Duke Street to buy Wagamama for £215m
Duke Street is about to acquire UK fast-food chain Wagamama from Lion Capital for around £215m, according to media reports.
Trusting in VCTs
A confluence of factors means the VCT community is likely to have a very strong year – for fundraising as well as deployment. Kimberly Romaine speaks to Matrix’s Mark Wignall; Albion’s Patrick Reeve and Baronsmead’s Andrew Garside about the prospects...
BC Partners raises €4bn for its ninth fund
BC Partners has raised €4bn at the first close of its ninth buyout, according to reports.
LDC hires new North West investment director
Simon Braham has been appointed as an investment director at LDC’s Manchester office.
UK & Ireland unquote" 7 March 2011
An undisclosed private equity firm has teamed up with Irish food group Greencore to prepare a bid for Northern Foods, the company that makes Fox's biscuits and Goodfellas pizzas.
Latest UK unquote" out now!
The March 7th edition of UK & Ireland unquote" brings you up to date with all deal activity in the region in the past fortnight.
3i exits Frozen Value via management buy-back
UK buyout giant 3i has exited discount grocery retail chain Frozen Value via a management buy-back.
Barclays set to sell £500m of PE fund stakes
Barclays is planning to sell more than £500m of stakes it has amassed in private equity funds, according to reports.
PAI Partners sells Kwik-Fit for £637m
PAI has sold car repair business Kwik-Fit to Japanese corporation Itochu for £637m.