UK unquote
Augmentum backs BullionVault
Augmentum Capital has participated in a £12.5m growth funding round for UK electronic trading services provider, BullionVault, alongside the World Gold Council.
Intermediactive buys 4D for £2.1m
Intermediactive Holdings Limited has purchased 4D Interactive from Promethean Investments for £2.1m.
Carbon Trust backs Concurrent Thinking
The Carbon Trust has backed the £1m spin-out of UK technology vendor, Concurrent Thinking, from Streamline Computing.
Seraphim Capital joins £4m investment in Intamac Systems
Carbon Trust Investments, Chandos Capital Ventures and Seraphim Capital have invested £4m in Intamac Systems.
UK mid-market: Going global
Competition for deals in the UK mid-market is hotting up as opportunities remain limited. Offering management teams the opportunity to grow their business internationally can make the difference to a bid as Emanuel Eftimiu finds out.
Bridges Ventures invests in TEG Group
Bridges Ventures has backed TEG Group with £5.5m from its Bridges Venture Fund II.
Albion sells RFI Global Services
Albion Ventures has sold its stake in UK technology services provider RFI Global Services, reaping £4.7m from the deal.
NBF selects six managers for new £185m fund
Northwest Business Finance (NBF) has selected six UK private equity investors to manage its £184.8m North West Fund, set up to provide funding to small and medium-sized enterprises in the region.
Midven et al. inject £500,000 into Aeristech
Turbocharger developer Aeristech has secured a £500,000 round of fundraising led by Midven.
Balderton exits Figleaves
Balderton has sold its stake in retail clothing trading company, Figleaves, to home shopping company N Brown Group - in a deal that values the company at £11.5m.
Better Capital prepares for new £65m capital raise
Better Capital is gearing up to raise a further £65m for its distressed business fund.
NVM Private Equity launches Evolve Investments
NVM Private Equity’s Evolve Investments will focus on companies that are suffering reduced profitability post-downturn.
Risk Capital backs DWS Bodyworks
Risk Capital Partners acquired a majority stake UK motor vehicle repairing company, DWS Bodyworks. Financial details of the deal have not been disclosed.
Spice rejects Cinven takeover offer
UK infrastruce support services provider Spice has reportedly spurned a take-over offer from Cinven, saying the private equity investor's bid undervalues the company.
Grabiner to leave Apax
Apax’s Stephen Grabiner, head of its media portfolio, is set to leave the firm, according to reports.
Inflexion catches Fish Insurance
Inflexion Private Equity has acquired Preston-based Fish Insurance from Mosaic Private Equity in a secondary buyout.
FL Partners backs UK Yacht company Sunseeker
FL Partners has acquired a majority stake in UK luxury motor yacht manufacturer, Sunseeker International, as part of a deal that will see the company receive £25m in new investments.
unquote" 14 June 2010
UK buyout value has already exceeded the mere £6bn seen in 2009 after a swathe of major deals in the sector, including KKR’s £955m secondary buyout of Pets at Home.
Panoramic Enterprise Capital Fund achieves first closing on £34m
Panoramic Growth Equity has reached the first closing of its SME growth fund, Panoramic Enterprise Capital Fund 1 (Panoramic ECF 1), on £34m.
Phoenix-backed Precise Media buys MediaGen
Precise Media Group has acquired media monitoring specialist MediaGen, with the support of Phoenix Equity Partners.
ISIS-backed ITG acquires Total Marketing Services
ISIS Equity Partners has invested £3.2m for Inspired Thinking Group’s (ITG) acquisition of Total Marketing Services LLP(TMS).
Finance Wales co-sponsors Altech in £610,000 investment
Finance Wales and the Welsh Assembly have given Altech Software a £610,000 investment.
Brit Insurance shares jump after declining private equity offer
Brit Insurance shares jumped 20% this morning after the firm rejected a private equity approach, according to reports.
Palamon hires Hauptmeier to London office
Palamon Capital Partners has appointed Dietrich Hauptmeier as associate principal.