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BGF invests in Leeds company Northern Building Plastics
GP's backing will help the company expand its service, delivery capability, and product range
BlackRock joins $100m series-C funding for Exscientia
Company plans to use the financing to expand its portfolio of drugs and grow its artificial intelligence capabilities
Consortium in $400m series-C for Hopin
Virtual event software was valued at $2.1bn at the time of its $125m round in November 2020
How UK PE buyouts soared ahead of 2021 Budget
Amount of dealflow in the past three months is significantly higher than in previous December-February periods
Phoenix invests in Setfords Law; BGF exits
Phoenix will acquire a majority stake in the legal network; BGF invested £3.75m in Setfords in 2016
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its £200m August Equity Partners III fund
Bowmark, LDC sell Node4 to Providence
IT business was expected to fetch a valuation in excess of £300m, based on a 15x multiple
Synova sells Tonic Games to Epic, nets 200% IRR
Exit closely follows that of Fairstone Group to TA, which resulted in a 4.5x return
CBPE invests in Mindera
Software systems developer is the GP's first investment from its £561m CBPE X vehicle
NorthEdge invests in Distology
GP is investing from its £120m SME Fund, which held a final close in July 2018
Inflexion invests in DR&P Group
GP is acquiring a majority stake in the insurance broker via Inflexion Enterprise Fund V
Virgin Wines floats in £110m IPO, Connection reaps 7.6x
Mobeus remains invested in the business, while Connection makes a full exit
LDC backs WCCTV with £30m investment
Company plans to use the fresh capital to further accelerate its international expansion and launch new products
LDC invests in Phoenix Datacom
As part of the transaction, Phoenix Datacom extends its banking facilities with Lloyds Bank
Investcorp appoints Kohli as head of European IR management
In his new role, Kohli will be responsible for Investcorp’s investor relationship management, execution and strategy
Platinum-backed Cision buys Brandwatch for $450m
Brandwatch raised around $65m over three funding rounds from VCs including Partech and Nauta
Inflexion secures majority stake in Pangaea Laboratories
Beauty product developer owns the Medik8 brand, which generated revenues of £18.9m in 2020
FRP buys Spectrum Corporate Finance
All 27 Spectrum employees will join FRP following the £9.4m deal
Virgin wines prices IPO, set for £110m float
Selling shareholders, including Mobeus and Connection Capital, will reap £35m
2150 holds first close on €130m for debut fund
It plans to back 20 companies, offering equity cheques of up to €40m across the life of an investment
Intriva invests in £60m MoneyPlus MBO
MBO, led by CEO Chris Davis, will see MoneyPlus's management team continue in their existing roles
August Equity hires Walsh, Stevens and Coates
UK-based PE firm August Equity hires Greg Walsh, Mark Stevens and Michael Coates
QPE hires three
Queen's Park Equity has hired Alison Price, Valentina Matheus and Prudence Jones
Synova scores 4.5x on sale of Fairstone to TA
UK-based IFA consolidation platform is the first exit for Synova's third fund