UK unquote
NVM Private Equity invests in Mantis Deposition
NVM Private Equity has provided a £3m development package for Mantis Deposition Limited.
Clifford Chance appoints new London practice head
Simon Tinkler has replaced David Pearson as head of Clifford Chance's London corporate practice.
Baker and Goold appointed as Wragge & Co directors
Wragge & Co has promoted Gareth Baker and Richard Goold, with both becoming directors, to boost its corporate finance team.
Gresham-backed JGG buys Addis & Co
Gresham-backed James Grant Group (JGG) has acquired specialist accountancy company, Addis & Co - its latest acquisition in its buy-and-build strategy.
Lloyds sells private equity stakes to Coller Capital
Lloyds Banking Group has become the latest bank to cut its private equity exposure, selling its £480m portfolio of UK private equity stakes to a newly created joint venture, Cavendish Square Partners LLP.
Gresham backs £33m Team Telecom buyout
Gresham Private Equity has backed the £32.8m management buyout of telecommunications equipment and services provider, Team Telecom Group. The deal is subject to shareholder approval.
Sovereign Capital’s LM acquires two funeral businesses
Sovereign Capital-backed LM Funerals has acquired Chris White Funeral Directors Limited and Pomphrey and Mercer Funeral Directors.
Alchemy holds first close at more than £280m
Alchemy Partners has held a first close at just over £280m on its second fund that is looking to invest in financially distressed European companies.
Augmentum Capital announces formal launch
Augmentum Capital has formally launched its fund today, looking to invest £50m in private equity investments over the next three years.
West Capital puts Office up for sale
West Capital is looking to sell shoe retailer Office for an estimated €170m.
PAI Partners sells Kwik-Fit Insurance to Fortis
PAI Partners has sold the Insurance branch of Kwik-Fit to Fortis UK for £215m.
Clydesdale expands Corporate & Structured Finance team
Clydesdale Bank has appointed three directors and two associate directors to its Corporate & Structured Finance (CSF) team in London.
Index Ventures et al. back GroupSpaces with $1.3m
Index Ventures and a consortium of business angels have invested $1.3m in online group management specialist GroupSpaces.
DN Capital hires Tom Buehlmann
DN Capital has appointed Tom Buehlmann as a Venture Partner, to focus on deal origination.
SAP Ventures backs Irish software developer Aepona
SAP Ventures has joined the $10m series-C funding of UK software developer Aepona, bringing the funding round to completion.
Midven launches £18m small cap fund
UK venture capital investor, Midven, has launched Exceed - Midlands Advantage Fund, a £18m UK-focused fund targeting small companies the West Midlands region.
Maven backs £6m buyout of XPD8
Maven Capital Partners has backed the management buyout of UK-based software technology vendor, XPD8 Solutions.
Sovereign Capital acquires Tech Music Schools
Sovereign Capital has acquired a majority stake in Tech Music Schools (TMS), for an undisclosed amount.
UK Watch: 2010 activity ahead of 2009 at halfway mark
Large buyout activity in the UK has surpassed the whole of 2009 at the halfway mark, according to the latest unquote” UK Watch.
SV Life Sciences closes fifth fund on $523m
SV Life Sciences Fund V has closed on $523m, exceeding its $400m target.
AAC Capital puts U-Pol up for sale
Industry reports suggest AAC Capital is looking to sell car body filler company U-Pol.
Graphite Capital to sell Micheldever Tyre Services
Graphite Capital is looking for a buyer for its portfolio company Micheldever Tyre Services, according to reports.
Sovereign Capital backs Paragon acquisition of Platinum
Sovereign Capital portfolio company, Paragon, has acquired Platinum Training & Development.
GE Capital appoints European leveraged finance director
Dan Matthews has joined GE Capital as executive director of its European leveraged finance unit.