UK unquote
Wellington Partners backs Artfinder
Wellington Partners has led an investment in online service provider Artfinder. US-based Greylock Discovery Fund and angel investor Sherry Coutu also participated in the first round funding.
Yorkshire Bank appoints director in Corporate & Structured Finance team
Yorkshire Bank Corporate & Structured Finance has appointed Phil Tarimo as area director of new business covering the North West and Midlands.
Milestone Capital generates 3.7x return on Coffee Nation sale
Milestone Capital has sold UK-based Coffee Nation, a producer of coffee vending machines, to Costa Limited for £59.5m.
Electra buys Riverside's Sentinel in SBO
Electra Partners has acquired Sentinel Performance Solutions from Riverside in a £43m secondary buyout.
BDC-backed Lumison acquires Blue Square Data
Bridgepoint Development Capital (BDC) portfolio company Lumison has acquired UK data centres operator Blue Square Data for £22m.
Nova Capital sells ABSL to Enersys
Nova Capital Management has exited British power solutions designer ABSL in a trade sale to US corporation Enersys.
Vitruvian Partners back MBO of IMD
Lausanne Acquisitions, a bid vehicle funded by Vitruvian Partners, have backed the MBO of Independent Media Distribution.
NBGI backs MBO of Facilities Services Group
NBGI Private Equity has acquired a majority stake in UK-based Facilities Service Group (FSG) for £9m.
Privet Capital acquires HWA Group Ltd
Privet Capital has acquired specialist building contractor HWA Group Ltd for an undisclosed sum.
Octopus invests in Curlet
Venture capital company Octopus investments has backed commerce content management platform Curlet Ltd with £1.6m.
UK & Ireland unquote” out now
While CVC launches an internal investigation into its acquisition of Formula 1, this week’s unquote” looks at the UK Bribery Act and the effects it could have on UK Private Equity.
Latest round values Spotify at $1bn
The latest round of fundraising for Spotify could value the digital jukebox service at up to $1bn according to reports.
UK & Ireland unquote" 21 February 2011
Former BayernLB chief risk officer Gerhard Gribkowsky is being held by the Munich police over allegations of corruption regarding the CVC Capital Partners-backed buyout of Formula One Group in 2006.
3i portfolio company acquires S&D-Group
3i's portfolio company Azelis has acquired specialist ingredients provider S&D-Group for an undisclosed amount.
HW Corporate Finance adds new partner
John Box, former head of Barclay’s leverage finance business, has been appointed as a partner at HW Corporate Finance LLP.
ISIS invests £14m in HPF
ISIS Equity Partners has invested £14m of growth capital funding in UK engineering consultancy firm hurleypalmerflatt (HPF).
Private equity prepares Northern Foods bid
A 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 pizza.
UK mid-market recovers but caution at year-end
UK mid-market activity made a significant recovery in 2010, though a dip at year-end suggests investors are still cautious over the state of the economy, according to the latest unquote” regional mid-market barometer.
Wellington Partners strengthens cleantech team
Pan-European venture capital firm Wellington Partners has appointed Jigar Shah and Mark Woodall as venture partners, increasing the headcount of the cleantech investment team to four.
Bedell Cristin appoints new partner
Bruce Scott has been appointed partner at law firm Bedell Cristin, and will head the Jersey legal services team in London.
UK turnarounds: Turning tide?
Despite much anticipation, an expected wave of turnaround deals failed to materialise in 2010 as the UK economy slowly got back on its feet. But could a new, uncertain environment mean more opportunities for turnaround players in 2011? Greg Gille investigates
Phoenix invests £18m to back ERA MBO
Phoenix Private Equity has invested £18m to back the management buyout of ERA Technology from Cobham plc.
Alleged corruption in Formula One Group buyout
Former BayernLB chief risk officer Gerhard Gribkowsky is being held by the Munich police over allegations of corruption regarding the CVC-backed buyout of Formula One Group in 2006.
KCP acquires Wells Plastics
Key Capital Partners (KCP) has backed the management buyout of additive manufacturer and supplier Wells Plastics for an undisclosed amount.