UK unquote
Gresham House invests in Rezatec
Gresham's investment is intended to grow Rezatec and continue its international expansion
Blue Venture and HealthQuest invest in UK company Perspectum
Company has reportedly raised $47m since being founded
Maven and GAM lead £10m funding round for Push
Founded in 2006 and based in London, Push operates offices in Silicon Valley and Dublin
Searchlight-backed GRP bolts on two insurance brokers
Company is seeking targets with £1-10m EBITDA for its insurance brokerage buy-and-build strategy
YFM hires BDO's Wrench
Wrench has taken the position of investment director in the firm's London office, investing in SMEs
VCs ramp up coronavirus mitigation efforts
Partners from Balderton, General Atlantic, Anthemis Partners, TCV and Speedinvest dicuss the crisis
Bridgepoint-backed Fishawack acquires Skysis
Unquote understands the combined entry multiple of both Skysis and Fishawack was 12.8x
Oakley exits Inspired Education
Oakley II held a final close on €524m in December 2014 and has since made five realisations
Maven VCTs lead £3.5m round for Nano
Foresight Group, which is an existing investor in the company, also participates in the round
Palatine invests in Acora
Acora was sold in an auction, which saw Inflexion Private Equity and LDC make bids
PE-backed pubs and restaurants looking for silver linings
UK-based pubs and restaurants have so far remained somewhat resilient, but the situation is still precarious
BVCA proposes £500m early-stage funding facility
Submission proposes a bridge funding facility in the form of a convertible loan of up to £5m per company
Inflexion donates £2.5m to support Coronavirus relief
GP launched its foundation in 2018 and donates 1% of its profits from funds to the organisation
YFM closes Buyout Fund II on £80m
GP plans to make investments this year and expects prices to drop "somewhat" in the current environment
Lakestar leads $13m series-A for Yapily
Lakestar is currently investing its third early-stage-dedicated fund and its first growth fund
Warburg Pincus leads $80m series-C for Privitar
Warburg Pincus is currently investing from its Global Growth Fund, which closed on $14.8bn
Elysian sells Wellbeing for 4.5x return
Wellbeing is a provider of radiology and maternity software that manages patient workflow and data
KKR invests up to $500m in Kilter
Kilter Finance makes investments from its own balance sheet and is funded by its management team
MMC leads $7m series-A for Ably
MMC Ventures invests from its MMC Greater London Fund, which closed on £52m in May 2019
CVC closes fifth Asia-Pacific fund on $4.5bn
Both new and returning institutional investors participated in the fundraise for the Asia fund
Redmile buys additional 12.67% of Redx
Upon completion of the transaction, Redmile will own a total of 110.6 million Redx shares
Searchlight appoints Crowston as special adviser
Searchlight is currently raising for its third fund, which held a close on $2.75bn in July 2019
Clearwater makes eight hires in the UK
Dyke and Grassby have been promoted to the position of partner and director, respectively
August promotes Muckle to investment director
Muckle joined August Equity in 2017 and most recently co-led their investment in AirIT